Thread: Hello, All. Let the education begin

Welcome aboard. Its a good time to start tracking since many believe the bull market is about to go out to pasture. I'd just keep in mind that everyone can be right and wrong. Just because they are right today doesn't mean they won't be wrong tomorrow.

Originally Posted by BichonFreeze

Welcome aboard. Its a good time to start tracking since many believe the bull market is about to go out to pasture.

This is the main reason that I am hoping to diversify. If I am learning anything, it is that profits will continue to exist, even when broad sentiments like "bull" or "bear" exist. The (very) hard part is to find value in the marketplace, regardless of sentiment.

You might consider a subscription to Barron's or you can buy it on a weekly basis - you won't enter information overload. The Wall Street Journal arrives 6 days a week and that is my primary source of information.

I receive the Wall Street Journal weekly and have been watching out for a deal on Barron's. Reading on the internet, they frequently have subscription offers that cost next to nothing. I'm a bit of a tightwad!

Welcome AircrewChief!

Thanks for joining us. The Intelligent Investor was a good one. Although I was dabbling in stocks and options for years before, it was the book "How to Make Money in Stocks" by William O'Neill that got me. That's more of a mix of a fundy and tech approach. I've since taken more to the technical analysis side. Funny how something so simple like a book can change our lives.

Best of luck!

Originally Posted by tsptalk

...it was the book "How to Make Money in Stocks" by William O'Neill that got me. That's was more of a mix of a fundy and tech approach. I've since taken more to the technical analysis side. Funny how something so simple like a book can change our lives.

That one is already sitting on the shelf! I'm taking some leave next week and will be giving it a read.

Since Tom mentioned about trading OPTIONS and I traded only options on all my accounts (regular, IRA, Roth IRA). I started out trading options with only $2K an aiming for $500 return per week ($500 * 52 wks = $26,000 YR)and so far so good. I place up to 5 trades per weeks and my average is $500 per trades. I learned from various websites, video and books until I came across this (from Phil) two years ago and used only the free info (I visited only three websites so far on the list below), but anyone want to learn trading options should check out them.

Trading Education Home
Welcome to our trading education section. We have created this entire section to help you, our readers, subscribers, and members, become more familiar with trading. We've stocked it full of useful links, tools, guides, etc. that we've produced or found on the web. The information contain within will help even the most basic beginner, become more familiar with the stock market, options and stock trading, etc. In no time you should be able to take the information found within this section and begin trading and making money. We are always adding and expanding, but if you find a particularly helpful tool or web resource you would like to share, or believe it should belong in this section please feel free to contact us.
Options Beginner's Guide
Are you brand new to trading stocks or options? Do you not know how or where to purchase a stock or option, or don't even know what a stock or option really is? Start with our beginner's guide. It is contains very basic information and steps that will help you become a better trader.
A very nice visual walk-through of the various strategies we employ here has been designed by 888Options.net - Just click on the strategy you are interested in to see the guide.
Educational Videos and Podcasts
A series of Educational Broadcasts teaching the basic and advanced stock and options trading.
Educational Walk-Throughs and Guides

• Charles Schwab has a nice series for all levels of option trading with nicely detailed articles and examples.
• Think or Swim has tons of in-depth articles on their site and you can also go to Option Planet to learn the basics.
• OptionsXpress has a nice education section, with Webinars and Workshops available for the general public.
• Option House has all sorts of educational articles and videos too.
• They (OH) also now have an Options News Network with a nice video series on strategies.
• TradeMonster is also a good source for stock and option trading basics with many downloadable PDF guides.
• Another informative site to browse is the Options Industry Council.
• Here is a nice Introduction to Technical Analysis.
• Our own Pharmboy wrote a great article on Fundamental vs. Technical Analysis.

Educational Archive
All the educational posts on PhilStockWorld.com, including special posts by Option Sage.
Trading Links
This is a list of all of the sites and services we use everyday. This list is the best of the best. We don't do any link-sharing here. You'll only find solid advice, great tools, and fantastic stock and options trading information from these websites and resources.
Trading Glossary
Our trading glossary is coming soon. It contains invaluable information on different terms and sayings in the trading world.

That's some great information right there!