As a trader, you probably want to become as much profitable as possible. But it all begins somewhere – you must build the right knowledge base and skills for your trading career. When you set time aside to learn both basic and advanced aspects of trading, you enhance your chances of making informed decisions in the future.
While preferences might vary, there are unlimited options to get you started. From articles and books to recorded and live videos, there’s something for everyone. All you need to do is find a suitable online resource and dedicate a few minutes daily to learning something new. And, as finding a suitable online resource could be a hassle, we have listed some of the best platforms to get you started.
Well, if you have been involved in forex markets for a while now, you will agree that the internet has brought significant changes to the industry. For instance, in the past, the barriers to entry, such as the trading costs, were exceptionally high, which allowed only wealthy persons and institutions to participate in the markets. However, things have changed, especially now that online brokers and trading platforms have not stopped dominating the industry – trading has become more affordable.
1. Exness Insights
As we have already mentioned, the internet has brought great changes to the trading industry. Especially when it comes to accessing information, you now no longer need to visit a physical location. Exness Insights is a good example of a platform where you can enjoy such convenience. By simply clicking here, you can now access a vast library of information from any place.
This might include the role of AI in trading, previous technical analysis of markets, and so much more. Such platforms have emerged to allow you to enhance your trading skills using a more personalized approach; they ensure you can delve into areas of interest and even receive targeted support. Plus, if you want to develop skills in other aspects, like stop loss for indices, this platform offers amazing tips to get you ahead.
2. Investor Underground
If you only have basic knowledge and are looking to advance, Investor Underground’s Textbook Trading course can come in handy. The book begins with highlighting the basics of trading and quickly moves to advanced topics like applying trading tools. After exploring their textbook, you can further beef up your skills with their Tandem Trader course, which takes up to 12 hours. In addition to its standard educational content, this course has screenshots of Michaud’s live trades.
For those who want to advance their swing trading methodologies and strategies, there are more than six hours of content where you will explore themes like analyzing long and short-chart patterns, identifying key price levels, etc. Courses are available individually, or you can pay for them monthly, quarterly or annually.
3. Ava Academy
Regardless of what aspect of trading you want to develop – whether stop loss for indices, all assets trading, or whatever it may be – there are numerous online resources. Ava Academy is just one of the many. And not to forget, Ava Academy prioritizes its learners to ensure that they offer experiences that align with students’ interests.
With over 200 lessons covering different topics, Ava Academy allows students to learn at their own pace, with all freedom – you can either go for the basics or go in-depth. Once you sign up, you will get content written by market experts, student-tailored support and courses covering all aspects of trading, to list but a few.
4. Financial Edge
Financial Edge is a convenient go-to for those who are into emerging/alternative markets and are wondering where to get helpful knowledge. And the good thing is that the platform offers lifetime access to information about these two topics.
While it might not be the cheapest institution, it offers direct help from the instructor, ensuring there’s value for your money. And, if you sign up for the Alternative Investments course, you will receive a CPD certificate, which can be a plus when dealing with employers that track CPD points.
5. BabyPips
BabyPips’ founding came when finding sources online with sufficient trading information was extremely hard. Over time, they developed the School of Pipsology course, which sought to provide free learning materials about forex trading from scratch.
By using corny jokes, the site breaks down complex concepts into digestible ideas that are just right for any beginner. For almost two decades now, the platform has earned a reputation as one of the trusted platforms for acquiring forex trading knowledge.
As one that aims to enhance your trading career, you want to make your pursuit as profitable as possible. Knowledge is, therefore, not something you will want to turn a blind eye to. From basic concepts to advanced topics like conducting technical analysis, these online resources offer exceptional training courses to get you ahead.
