Question:

Where to get free education for daytraders

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im starting out to be a daytrader, and i want to know where i can get free education on like which candlestick timeline is best to use like a minute chart or 3 minute chart. also where i can learn everything about level 2 quotes

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4 ANSWERS


  1. Try http://investopedia.com

    This is a general knowledge website where you will find almost everything about investing and online trading. As to which time frame to use depends on your trading methods. You can also try online forums like http://elitetrader.com or http://trade2win.com. There you will find threads on different trading methods, trading journals, and almost any subject you can think of when it comes to active trading.

    Good luck!

    http://jsforex.blogspot.com

    - Jim Syyap, Managed Forex Accounts


  2. there are several books that have been published about  day trading

    why not start there

    you should also start to take a look at the various direct access stock brokers

    and contacting them to see what recommendations they would make to you

    but start off by reading one of the day trading books

    as I understand it

    when you are making your decisions as a day trader

    it is all based upon the info that you are looking at on the level 2 quotation system

    nothing else

    no candlestick

    its about reacting to what you see on the screen in front of you

    that is what most seasoned day traders do

  3. There are three places which are best for reading market updates, news and tutorials for Day traders according to me.

    these are:

    http://www.finexo.com/docs/tech_analysis...

    http://forextradingguru.blogspot.com/

    http://www.finexo.com/infoCenter/5548

    Have a Nice Trading

  4. http://unbiasedstockanalysis.blogspot.co... check this site out.  I own it.  Let me know what you think.  Post a comment.

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