The Best Way To Learn To Trade

I always think the best way to trade while learning is to do so on paper... or in a virtual account of sorts. Beats testing ideas in the markets only to lose money.

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Paper trading and demo accounts can help as long as you remember they are not the real thing (close but not real). Example many people are given a high dollar demo account and do well but lose their shirt when they open a live account with less money. Becuase a 50k account trades differently then a 5k account. Moral of the story trade 1% of your account and you don't have to worry as much as you might have if you over leveraged your trade...

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Good post! Keep it up!!!

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Great Blogs Marcus......Keep em comming!

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your on the right track for my frame of mind at the moment.when i first attended school some 67 yrs ago i learnt everything by repition and still find it my best way to get things to sink in and stay put.looking forward to more of your positive teachings Good Luck To Both Of Us David

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I have tryed to educate myself from 2008 without any success
My goal was to make profits on demo accounts before I went live,but it seems to be impossible
I really dont know what the clue is ,and until now after 3 years everything have went the wrong way.
I have learnt a lot and I myself seems to do everything in the right way,but I know there is some thing I am missing,but I dont know what it is.
Still I am so certain that the righ thing is to open demoes before you try the live accounts because of the risk to loose your entire money.
If I cant make money on demoes I think It is impossible to make real money on a live account There are so many of the gurus claiming to making very good money for a living but I must say I really doubt about that claim,sorry to say
My be I am a little pessimistic but that is the way I am looking at the marked

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i really enjoying reading your post,full of knowledge.

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coraborating your view that ultimately Trading is a matter of mind. how much charts you may
digest, ultimately on the spur of the moment during trading hours how you act patiently and quickly at times matters most.
awaiting for the next.
vijaykumar

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Really helpful in upgrading your knowledge

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I got somthing from you that benefits me and am willing to learn more from you.

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Good association post, thank you

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I wish they had told me that before I started teaching math!!

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I like your ebook. It is very motivational and accurate. Experience is the best teacher, especially if it is some one else's experience. The Bollinger Band theory works very well also. Thanks

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It´s simple, but not easy. Especially if your mind sabotage the "simple".

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excellent...I quizzed my son on the size of an acre...now he understands and will never forget it.

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Good thoughts. Great post.

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Now that makes sense, next piece please

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Great Stuff, however, don't leave me hanging. How do YOU make that Brisket?

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hohoho....im waiting 4 your next post, master!

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Thank you for writing your blog.

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Appreciate reading your blogs

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I like it and I can relate to your complications
with measuring since I am from Mexico

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This was very helpful and I really looking forward to get to the best part, I mean to learn the skills and techniques to trade the forex market, but for now thank you!
Have a nice day.

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Every individual needs to discover what kind of a learner he or she is. Some can read the book. Some can listen to explanations. Some absolutely need the hands on experience. I also think that the very nature of trading draws on both "left-brain" and "right-brain" types of thinking to be successful. This may be responsible for the low success rate. I do not consider accountants to be ideal traders. They have the "left-brain" logic down pat, but they don't necessarily have the "right-brain" skill to identify chart patterns as they are developing and imagine how they might complete themselves. I suppose the key is knowing what we know and working like heck to improve the skills that we seem be be lacking.

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Excellent Markus. What a joy reading your book was, so simple and clear yet covered all that a beginner should know. Wish I had come across this earlier but hey better late than never.

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I'll wait for the three Ms, Thank you

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Markus:

Read your book Day trading strategy and also watched videos. Simple and straightforward.

1. As you mentioned in video, you only use Volatility based charts for day trading, which is 20 tick bar chart. Searched hard trading platform has option to use Volatility based charts with ticks bars. Do you have an idea which system supports this option and approximate cost?

2. If can not find tick bar charting software, and want to use time based bar charts then what time frame would you think close to tick based bar chart?

3. Placing an order, one tick above high of bar (in uptrend) and one tick below low of bar (in downtrend), how many cents you consider equal to one tick? And if using time base charts then how many cents will equal to one tick bar (rouoghly).

Thanks, Kam

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Excellent read here about trading. I was always looking for resources such as this one.

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Thanks for the explanation from you during this time. may the knowledge and experience you can help us especially me who just learn trading,

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this will be very helpful I believe, and thank you very much so far

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in the hospital last week and didnt get a chance to watch all the free videos. Is there going to be another trial for these videos?

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