We began our How to Begin series with this article.
The “How to Begin” playlist on YouTube can be found at this link.
We continue on from our last post on this topic that you can find here.
This ‘How to Begin’ series started with a discussion of the first place to begin, namely, Dave Ramsey’s “Baby Steps”. We then discussed how “not to begin” investing and trading in the markets by sharing a few personal horror stories. As well, we have discussed the wide variety of options that are open to a trader; position trades, day trading, Forex, Commodity Futures, Valuation Investing, Options, directional, non-directional, arbitrage and more. We continued with a general outline of topics that one could use as the categories of their continued education for investing and trading, as well as an implementation outline.
It is unfortunate that at times, people will begin to trade, with real money, and not even understand what could be considered a good return for a given time-frame. 25%? 10%? 5%?
And that topic is a bit … involved.
But it’s important to understand, which we discuss in the following video entry …
(After the following video, we continue the series of ‘How to Begin’ in the next entry …)