O'Reilly logo

The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes To Succeed by Josh DiPietro

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 16
About Those Training Programs
 
 
 
During my amateur day-trading years, I was finishing my education at San Diego State. I left, both relieved and exhausted, in possession of a Bachelor of Science degree in Business Marketing. Right next to my collection of textbooks from school, I was building a personal library on day trading. When asked what I wanted for my birthday or Christmas, I requested more titles on the subject.
During that time I also attended several day-trading training seminars.
Everywhere I went, I sought day-trading knowledge. The subject soon came up with anyone I talked to.
I noticed that professional mentors were scarce. I did have a couple of contacts who worked in the stock brokerage industry. Though they themselves didn’t day trade, their advice armed and inspired me with a greater understanding of the stock market.
As I struggled past the hazardous amateur phase, I came to see that I learned the most from my actual experience in day trading, and also from those advisors. The day-trading programs and college business courses did teach me good strategies and trading styles, but it was clear that the real education was hands-on, when I performed with real money.
Now, please don’t get me wrong here. I’m not suggesting that you shouldn’t attend any training programs, courses, or seminars—especially if you’re a beginner. Amateurs need structured guidance, and that’s what such tutoring offers. I feel I must warn you, however, that consistent gains come ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required