Can someone suggest a stock trading course that works. ?
I have been studying stocks and options such as call and puts, covered calls and so on. I am ready to study these areas in more detail but am not sure which product to purchase. So far I have been offered courses from Better Trades, Investools, Rich Dad Stock Success. Does anyone know which course may be the best course out of the three mentioned above?
Public Comments
- Perhaps you should intern or work for a financial advisor, instead. That is the best learning course out there! Then, you can get your Series 7, 66 and 3 licenses. The test preparation will teach you a TON about stocks and options. And best of all, your employer will pay for the test materials and test fees! Something else to consider: those "programs" are in no way guaranteed to work. In fact, they are pretty much a waste of money, if you ask me! See, nobody KNOWS anything about a particular company, stock or option issue and what its price is going to do. All everyone does is state their best guess as confidently as possible, like their opinion is a fact, and hope people accept their opinion. Then, they write a book on a "program" and sell it for a ton of money. While there surely is a lot of good information in these books, they are by no means a blueprint on how to get rich in the stock market. If there was such a blueprint, it wouldn't be hawked by some shyster doing infomercials. Just remember that playing the stock market is a more sophisticated version of gambling.
- You can also make money on a "breakout". That's a stock that's hitting a new trading high or low that day. You can also make money by "scalping", or getting a thin piece of a rapidly-rising stock's upward momentum. Buy 1,000 shares of a $35 stock, hold it for 10 seconds, and sell it for $35 1/8. Of course, that's if you're any good. Many people just don't get it. Jane B
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