One of the topics among traders is the issue of training, although most are aware of their need, remains a minority who take it seriously and many prefer to learn in the markets at a high cost in time and money.
Today there are many sources for information and knowledge to help us in improving our technical skills and / or psycho-emotional for trading.
We can base our training plan systems or formal methods: courses, seminars, books, coaching … that will bring us information and complete knowledge, structured and contrasted, together with more informal methods, which we filter properly: blogs (articles and comments) , magazine articles, forums, chats, newsletters … that will keep us up to date and provide a very practical and real knowledge of the markets.
Current technologies allow access much training and quality information for free, however this should not be enough to rule receive payment for reason.
Some ideas that should be considered intraining search and selection of appropriate payment :
- Our level and experience ; if we start should we count the functioning of markets, asset classes and products, different approaches to time, basic tools and graphical data, guidance on brokers, risks and opportunities … if we are experts look for , what technical and / or psycho-emotional want to learn or improve, sophisticated strategies, advanced tools, monitoring, coaching …
- Ease of understanding other languages , especially English, to traders certain level and experience as much opens the range of possibilities.
- Teaching ability , simplicity and common sense explanations, for it is advisable to go to previous seminars, which usually perform for free and / or read their publications.
- An agenda besides the technical information incorporate certain simulated operationaland some psycho-emotional aspects .
- The actual experience of the rapporteur in the markets and if active, as a measure to determine the degree of knowledge.
- The small group of attendees , allowing more feedback and attention to the particular problems of each.
- The ability to continue to interact with the teacher after the course via blog, forum, e-mail or other mechanisms.
- The price , which should not be a determining factor in the sense that if it is expensive is good and if not cheap. Assess the reasonableness thereof with respect to the number of hours spent and specificity of content.
Must be the account that during the development phase as a trader , and later in a serious commitment to trading as professional or amateur, the training should be the permanent companion travel and investment to understand it as an instrument of high performance . Related articles: Phases of a Trader Development Tools: Trading Plan What do you think? What is your training plan in trading? Do you think it’s a smart investment? Leave your comment below.