Best Share Trading Courses... What Do You Recommend?

Question

Hi Guys,

bit of a newbie, to the share trading game, been reading plenty of share trading and some tactic books, there seems to be a few courses out there, but there costing is many, but into the thousands...

can anyone suggest a good share trading education provider, but one that does not cost so many into the thousand of dollars....

a big thanks, for your replies in advance.
       

Answer 1

I did a course at Adelaide Currie Street TAFE there, about $1900 all up but VERY well worth it. I learned a LOT.

In between that, I also do courses through the Australian Shareholder's Association (ASA) and attend their meetings, read as many books as I can from the local libraries, Money / AFR Smart Investor magazine and am looking forward to the ASA's conference - Prosper 2009 in SYD.

ASX Investor Hour seminars whenever I can, plus Australian Investors Association. I can certainly recommend the ASA.
       

Answer 2

I haven't taken any courses so far.

I usually just buy some books and self-educate.

I am a bit skeptical of some of these high priced courses. Sometimes you've just got to trust yourself and your judgement
       

Answer 3

All of Guppys books are pretty insightful, but i find that if you "rich dad poor dad" by.... err forget but tahts the name, it'll help you even more. It's not so much about shares but money management in general.

My father took the "Day trader" course, he said it was really good BUT it was pretty expensive.
       

Answer 4

I'd start by reading books on the type of trading that you believe may suit you. And I'd focus on becoming profitable trading ordinary shares before moving into any leveraged instruments such as CFDs or Options. Go to a bookstore and get yourself the following three books:

1. Reminiscences of a Stock Operator - by Edwin Le Fevre
2. Secrets for Profiting in Bull and Bear Markets - by Stan Weinstein
3. How I made 2 million dollars in the Stockmarket - by Nicolas Darvas

The philosophies, techniques and knowledge in these three books should let you find your edge to trade profitably.

There are no shortcuts and you will need to work on crafting a set of trading rules that suit you. Having said that, stay away from promoters and gurus selling trading courses. They're a waste of money.
       

Answer 5

Hamish, I purchased Dave Limburg's trading course late last year when I was looking for something similar. Dave won the CMC Markets CFD trading competition back in 2007 (or thereabouts I think). His course covers the basics from a technical perspective and he also includes the trades he made from the competition to give you some perspective on how a professional approaches the market using the material (much better than books in my opinion). Dave has been quite helpful and I'd recommend his product to help you get started. You can find out more info here: http://www.theeverydaytrader.com/