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Trading mentor

  • 22-01-2021 9:16pm
    Registered Users Posts: 251 ✭✭

    Hi, is there someone in Ireland that does mentoring for students learning to trade?


  • Registered Users Posts: 807 ✭✭✭Jimbobjoeyman

    what kind of trading are you talking about?

    If it's day trading that's a strong no because if someone does happen to have some kind of edge on the market the last thing they are going to do is tell others about it.
    Other than that its gambling.

    Efficient market hypothesis in its weakest form means that all of these online trading courses that have picked up over the pandemic are at best taking advantage of people that don't really know too much and at worst a scam.
    They will teach you to read charts and look for shapes that mean literally nothing in real terms.

    The CFA Institute has a free beginners investment foundations course that will teach you the very basics of the industry and you can decide from there if you want to learn more.

    If you're looking to trade as a career by yourself you would want to be very heavily capitalised and know exactly what you are doing. As the people who make money in the markets are taking it from someone else.