Starting something new is never easy. Especially something that you’ve never been taught, costs money and has been designed in a way that really isn’t easily accessible to women. Well, here are 13 ways for you to learn how to trade stocks online that will be as fun and female friendly as possible!
That’s right… how to learn trading online… 13 different ways... and some of them fun!
I promise you’ll get at least a couple of ways perfect for you on how to learn trading and learn how to trade stocks.
And, unlike many other money-making opportunities the skills and strategies you pick up from trading will be relevant in a month, a year or even decades after. All you’ll need is time, patience and the right mindset.
Ready to make some bank? Check out these 13 great ways to learn stock market trading.
How To Learn Trading Forex or Trading Crypto
Before we go into the different ways you can learn trading, just know it isn’t only about stocks. Learning the basics of forex trading is no different, so these methods work just as well on how to learn trading forex. And, even better you can learn crypto trading with exactly the same approach. Once you know the trading basics, you’ll just need to get comfortable with the different asset classes.
Learn Trading For Free
Last time before I get into the article, another promise! Another great thing about almost all of these ways to learn trading is that they are free. All ways except 2 are free. Yes! 11 FREE ways to learn trading for free… online! And yes, many of these ways you can also learn alone. You can learn forex trading on my own, just like crypto or stock trading on your own – however it is always better to learn from others. We’ll show you where to start!
1. Dive Right in! Learn to Trade Stocks ‘On The Job’
Sometimes the best way to learn the basics of trading is to take the plunge and head straight to the online trading platform of your choice. Sign up for an account, soak in all that free trading content and trading tools, then familiarise yourself with the dashboard.
There’s also way you can learn to trade without losing actual money. Many offer virtual trading or demo accounts, which is like real trading but with play money. To make it easy, I’ve already done the research for you with the top brokers and platforms here. Plus, there is no better way on how to learn trading skills than with money – just know it is costly so we’re always recommend starting with a trading demo account.
Some people learn by doing – don’t be scared to just trade trading. If you start day trading, start small to manage risk!
2. Drown Yourself in Trading Books
Put down that Fifty Shades and Eat, Pray, Love book everyone’s been gushing about and start reading stock trading books that offer trading for beginners. If you like reading and consume content better this way, then these will better than e-courses, webinars and online lectures for you.
If you’re at a loss on what to read, consider William O’Neil’s How To Make Money in Stocks or do a Goodreads search on the best stock trading books available today. Reading should be essential for any beginner trader to learn how to trade stocks online. Yes, reading books really is how to learn trading for beginners – without basic trading knowledge you won’t know where to start.
Related Reading: Best Books to Learn To Stock Trade
3. Learn to Stock Trade from Online Articles
Like when you want to find a new recipe or new outfit, just looking online you usually find it. It’s a massive resource for everything, including learning how to trade. For example, StockTrader.com has a free educational page that has more than a hundred different stock and trading articles divided into helpful categories. Afterwards, you can head over for supplementary courses courtesy of Investopedia.com. Read up on anything on the economy, stock market, mindset or stock trading.
A good place for new traders is the ‘Beginner Trading Course’ here on DumbBitchTrades. You can also try to learn how to trade stocks by learning to read stock trading charts. Charts are an essential in trading skills.
4. Get A Trading Mentor To Learn
This is a must for beginner traders to learn stock trading. Think of a stock trading mentor like your favourite celebrity or that YouTube girl who gives out great advice regarding beauty tips, makeup and skincare regimen. My favourite is Laura Lee.
In the same vein, that mentor should guide you, recommend useful trading tools, hand out tips and make sure you learn the ropes of the trading industry.
Everyone has a mentor these days, and it makes learning that much easier. May be get started with this huge list of female traders on Twitter to see who you have the best fit with – and be sure to follow dumbbitchtrades on Instagram.
Another great place to learn trading is Quora. With a question and answer platform, you’ll get how to learn trading on Quora with key questions asked. You’ll just need to piece together answers so we recommend starting somewhere else.
5. Positive Peer Pressure To Boost Trading Learning Online
When beginning in your trading journey, upgrading your friends is one of the keys on how to learn trading. I’m not saying your real girlfriends and BFFs, but who you follow online. Instead of just the latest Kardashian craze or fashion line, get your social feeds and notifications full of successful traders will not just inspire you, but also teach you.
It may sound passive and easy, but getting constant input and motivation from those walking the walk is great for you on how to learn stock trading.
Click on that “Follow” button on Instagram and Twitter to get a live feed from experienced traders and investors. A list of popular women traders on Twitter is ready and waiting to give you that head start. Even better, this is all online and to learn trading you don’t even need to be in the same country or timezone!
6. Learn From The Best YouTube Trading Channels
We already love to watch shopping hauls, fashion tips, and celebrity vlogs on YouTube – why not to use this video platform for profit as well?
The best thing about watching on video is that you can see and hear an explanation of how someone is reading a chart, what they’re thinking and why. You get everything at once. Imagine someone explaining how to apply make-up but you couldn’t see. Then you saw pictures, but couldn’t hear the explanation. Sure, you’d get the rough idea, but the detailed nuances and timing would be hard to piece together. You can catch the Best 10 YouTube Channels To Trading here. You’ll also find forex channels and intraday trading techniques in these YouTube recommended.
7. Learning to Trade Stocks From The Best Traders
Warren Buffet. Paul Tudor Jones. John Templeton. Benjamin Graham.
What do they all have in common? These are the Kylie Jenner, Beyonce and Kim Kardashian of the trading and investment world. Read everything you can about them, including their trading game, investment strategies and how they approach stock opportunities in general. A great way to learn how to trade stocks – and if you’d like to know how to make money in stock market check out this article.
8. Start Following the Stock Market
We’re talking about another kind of market, one that doesn’t sell fresh produce or the latest fashion lines.
It’s called the stock market, and it’s one of the most important tools you’ll need to have up and running all the time if you’re totally serious about trading. Start out by visiting sites such as Google Finance and Yahoo! Finance to get your feet wet, and if you’re ready then it’s off to stock market staples Bloomberg and Wall Street Journal.
Read headlines, monitor the market and look for 3rd party analyses, trends and economic concepts.
9. Take A Few Beginner Stock Trading Online Courses
How to learn trading isn’t easy – so if like me, you learn by seeing and experiencing, not reading, then this may be a great place to start for you. Sign up for a trading course to get deeper learning on how to start trading stocks. If there are physical courses and seminars available in your area, great (and see below).
For starters, you can take the College Investor’s Investing 101 for an easy-to-follow primer on the stock market as a whole. IBD, or Investors Business Daily is a great platform for various trading courses, workshops and useful tools.
Related Article: Top Online Trading Courses
10. Attend Physical Trading Seminars And Courses
As much as us girls like keeping up online, we also like a good face-to-face get together. So why not do trading like the old days and attend physical trading events and seminars. Network and mingle with fellow investors and listen to the success stories of real individuals who found their footing on the stock market. The great thing about these is that most are free and you get a chance to make new friends who you can learn from and be supported on your journey.
11. Start Trading Small to Learn Faster
As a beginner, your first trade should be conservative. You should never trade more than you can afford to lose. This is a tough lesson when beginners learn how to trade stocks (especially if you do lose real money!) But when starting, it should only be a small percentage of your total pot. Ease yourself to the real world of stock trading, there really is no need to jump head over heels on day one. Besides, you don’t even need a lot of money to begin trading.
Your first boyfriend is rarely the right one.
Trading is the same.
Only through many dates and some bad boyfriends do you find out what is right for you.
Don’t go on a full-blown portfolio or larger positions until you’ve had a good grasp of what’s going on, and what it takes to consistently start making profits. Divvy up your money on several positions so you can stay in the game longer. If you don’t have access to real capital, consider trading via virtual money on a stock simulator or demo trading account.
You can find the top trading platforms here with Plus500 and eToro having demo accounts to help you learn to trade. A great way how to learn trading skills in an accelerate manner is with demo trading accounts.
12. Learn to Trade Stocks With Paid Subscriptions
If you’re more the observe-and-learn kind of woman then you may want to consider paid subscriptions. These are online programs that allow you a bird’s-eye view of typical trading activities from independent traders.
13. Beginner Bonus: The Best Way To Learn Trading
As you’ve got this far, you’re probably still looking for ways that may help you learn how to trade!
At Dumb Bitch Trades we’ve created a Free Trading in 7-Days Course to get you started. If you’re already trading, then may be our Fierce Freebie weekly updates will be the edge that you’re looking for.
Common Questions On Learning How To Trade
Yes, anyone can learn to trade! However, that doesn’t mean anyone will be successful and profitable trading.
Yes, you can learn trading online. YouTube, Social Media, Articles, Courses, Trading Groups and demo trading accounts are all ways you can learn trading online.
Yes, you can learn forex trading on your own. However, it is always better to learn trading from and with others.
Yes, there are lots of ways you can learn trading skills online for free including YouTube videos, social media posts, articles on trading, online courses and groups of trading (eg. on Facebook).
As we’ve mentioned in this article, there are lots of places you can learn trading including videos online, books, online courses, trading groups and mentors, and through demo trading acounts.