Learning to Trade

The online trading industry is both hugely popular, and hugely competitive. 

It is popular because almost everyone has some interest in what is happening in the markets today – it affects us all in some way or other.  Think of the price of oil – any driver among us will know of the impact which that has upon our weekly spend on petrol or diesel.  There are also other commodity markets which we are all reliant upon – think of Wheat, or Corn, or Soybeans, or Orange Juice… all are dietary staples, and they are just a very small selection as to what is available to trade. 

The industry is competitive simply because it is highly lucrative.  The majority of brokers are “market-makers”… this simply means that they profit from their client’s losses.  This is not something which is new, but it somehow has become something which is acceptable.  Still, brokers work hard to attract traders.  Some offer educational services to “assist” the novice (or professional!) trader. 

So what are the best trading courses?  A complete education can only come from an entity who does not have an agenda – from someone who is only representing themselves, and is not representing a broker or someone who is advertising a particular broker’s services.  To do otherwise would be no different than going into a bookmaker and asking if they will assist in the placing of a bet on the Grand National.  

The Academy of Financial Trading prides itself on being a purely educational company.  We are not aligned with any specific broker and we are able to give clear, unambiguous, unbiased advice as to the steps any potential trader needs to make in order to help them become successful.  Our success comes from your success!   

How to become a Trader – Easy Steps

What would you do if you wanted to learn how to play the guitar?  Would you buy a guitar, walk out of the shop, phone a concert promoter immediately and tell them that you want them to book you a slot on the main stage in Glastonbury next summer?  How long would that call last?

What would you do if you wanted to become a brain surgeon?  Would you buy the finest white coat in the business, and couple it with the sharpest scalpel machined from the best Japanese steel?  Would you then place an advertisement in your local newspaper offering discount surgery specials?  You might get a few patients, but the results might not be very positive!

The Academy of Financial Trading believes that trading should be treated no differently from either someone hoping to learn how to play music, or someone hoping to gain employment within the health sector.  In any instance, you need to first get an education.  You need to learn to trade.  You need to speak to an expert and, if possible, ask them to teach you what to do.  You need to refine your skills.

This is the easiest step which anyone can take… but for some it is also the hardest.  It is hard because most people are unwilling to admit that they are not an expert in an area in which they have a deep desire to succeed in.  The novice retail trader must accept that if they start out without any formal training, then they are going up against the very best in the business, and hoping to beat them.  

It might be less stressful to buy the Gibson Les Paul!