Good day trading education is very hard to find & I’ve been working hard to get things where they need to be with everyone in the training program and even my day trading & travelling blog, WanderingTrader.com. One of the things that I wanted to talk about as well was the new changes I am going to be making to the public side of the site, for everyone.
Now that we have new traders that are going to help me with classes and the new updates to the curriculum are almost complete, I also wanted to develop a section of the site to talk about day trading in general and teach everyone about how to get started. In essence, giving back to you in case you are trying to go at this alone.
I am very lucky to be living my dreams through day trading so I want to be able to help others as well through other means. The original concept for this site was to do just that but I haven’t had the time to do that just yet.
If you want to learn how to day trade I don’t want you to have to spend thousands of dollars on training in order to do so. When I first started offering training to those that were requesting it I even had them decide how much they wanted to pay because for me it is about making sure that people are serious, not making money of a day trading business.
What I plan doing is talking about all of the major markets and providing education on the very basics of market movement. I will still have the Elite Training Program available to a small select number of people that want to get my hands on, back tested, and proven Congressive Day Trading System.
I am going to be splitting the site into two free educational resources, beginner & intermediate. I also plan on organizing the site a bit in order to have all of the resources available via a start page. The idea is to have a different set of resources for those that are just getting started and also have a higher level of training for those that are more experienced.
I have noticed that most people get to the site and spend hours searching for information so I want to organize everything so that it is easily available.
Some people may not know what I am talking about with ticks and points and even my market recaps, we are going to do instead is take everyone from point A to point B. No matter if you are an experienced veteran that has been in the industry for 20 years or have never heard of day trading.
This is for everyone that wants financial freedom so you don’t have to answer to “the boss”
The beginners area will have details of the basics of day trading; why you should trade what and why, what tools to use to get started, and basic information about market movements that everyone should know at any stage of their day trading careers.
Once the basics are out of the way, we can start to focus on more advanced subjects that all day traders have problems with. I have experienced in my near 10 history that there are always things to improve on and providing a resource for people is something that I wish I had when I first started.
Everyone wants to know what they are getting into, since I have been doing this for so long I definitely have what it takes to talk about the little things that most people don’t talk about like day trading psychology, day trading taxes (USA, Australia, & Canada to start), characteristics of each market that we trade, and possible charting setups for everyone as well.
Since I am big proponent of NinjaTrader, a 100% free trading platform that anyone can use until they go live, I plan on giving everyone the tools to be able to do just that. I plan on migrating away from Tradestation because the enormously high monthly fees (NT is free until you go live), outrageous commissions costs, and the outgrown platform that has now become extremely heavy on our computers.
The Monthly Challenge
I don’t want to spill the beans on what I call the monthly challenge just yet but we are working on something that is going to provide an additional level of training basic training. Think of this as a monthly program that is going to allow you a jump start to get started in your new career. Since many people have unfortunately been through the endless scams that many day trading companies are infamously known for I want to create something that would allow someone the ability to really go at it on their own.
If you have any questions or feedback or would like to see anything else featured I would really love to hear from you! Leave a comment or contact us and we would be happy to hear from you!