I haven't taken any courses, but I did go through the babypips.com website,
and then read John J Murphy's "Technical Analysis of the Financial
Markets." I'm currently working through "Trading Chaos" by Bill Williams
(1st edition). I'm sure there are some excellent courses, but I learn
pretty well by reading and taking notes, and then practicing what I read on
a demo account.
Really I think that until you have a good grasp of how technical indicators
work, and then how candlestick formations work, and then how volume works
(which I'm learning now), then you can't use any of them in a trading
system.
For instance, I read about oscillators, and then took a bunch of practice
trades based just on what oscillators were doing - RSI, Stochs, MACD. This
really helps because then you can look at a market and kind of see at a
glance what it's doing.
I'm still learning, but that's what's worked for me.
On Tue, Jul 6, 2010 at 11:50 PM, fsalvatori97 <fsalvatori97@yahoo.com>wrote:
>
>
> Hi,
>
> I'd like to know what courses people have taken and what the result was of
> taking the courses, like the Derrik videos or the PGMAT course or some other
> course. In short, which are useful (you make money) and which are useless
> (you lose money)? Which are too complex, too subjective, too time-consuming
> etc. Which would you recommend?
>
> Thanks for any info, as there are literally thousands of
> courses/tapes/videos/books. And yes, the more knowledge the better, but you
> must balance that against making money. After all, that is the point.
>
>
>
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