How Long Will It Take to Learn Investing and Trading
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-------------------- SUMMARY: -------------------- So how long will it take you to learn how to invest and trade? The answer to this question is that it depends. Asking yourself the following questions will help you in your journey: What do you want to achieve through investing and trading? What is your purpose and goal? What level of experience do you currently have in dealing with the markets? Have you made physical investments in the markets in the past? Do you see trading and investing as passions in themselves, or do you see them more as means to an end? The large number of resources can actually become a problem if you allow yourself to feel overwhelmed with too much information, so make sure to guard against that. Take things, one thing at a time. If you possibly can, try to find someone that you could learn from directly. This will shorten your learning curve. Having a mentor was a great source of help for Warren Buffett. His mentor was Benjamin Graham, who is seen as the father of value investing. The type of investor and trader you become will be determined by your personality, and the formation of your exact style will take time. However, this should not hinder you from learning and reading from a variety of sources, as it is through learning and doing that you “find your path”. So in summary: Allow yourself the gift of 6 to 12 months minimum as opposed to something like a weekend seminar. Make sure to learn from varied sources, and do not dismiss anything until learned and tried. Start investing first before trying trading, as trading really is investing but on a much shorter time frame and with much greater frequency. Begin making investment of real capital on a small scale once you think you have the basic understanding and knowledge you need, as nothing will ever beat having real money on the line. Decide on the area you are passionate about in the markets, and be willing to let go of everything else. Take one thing at a time on board. Master one thing before moving on to the next. There is no rush. Get Terry’s 10 step stock checklist and video lessons for free: http://www.thefreedomtrader.com -------------------- ABOUT TERRY AND THE FREEDOM TRADER -------------------- Terry Tran is founder of both The Freedom Trader and a private hedge fund and his mission is to help people create financial, time and location freedom through safe consistent trading in every market condition, even if they are a complete beginner. Terry understands because he has personally been through the journey over the last two decades and can help you do the same. Having been fortunate to have had personal contact with none other than Warren Buffett and from his inspiration, founded a successful hedge fund looking after staff of leading Australian retail and investment banks, accounting and fund management institutions, several Australian Government departments as well as the wealth of some prominent Australian fund managers over the past eight years. Forget the market myths and hype, and Terry show you how to safely and consistently trade your way to financial freedom just like he has at TheFreedomTrader.com.
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