Online Trading: A Beginner's Guide to Educational Resources

Watching online video courses is an effective way to understand the basics of trading. Websites such as "evest," "Investopedia," and "Babypips" offer simplified lessons accompanied by illustrative videos.

Example: Following the "Trading for Beginners" series on YouTube can provide a basic understanding of terms and strategies.

Before risking real money, it is advisable to try out the available online demo platforms. Platforms like "MetaTrader" offer a virtual trading environment where users can open trades and experiment with orders without using real money. However, you need to download the program on your device.

Another Example: "evest" provides a virtual demo trading platform that requires no software download. You can open trades and try out orders directly through your browser!

Online blogs and articles provide valuable insights and analyses of the latest developments in the trading world. Reading blogs by trading professionals such as "DailyFX" and "Investing.com" can help you understand market analyses and trading strategies.

Once the basics are understood, it is beneficial to move on to advanced training courses offered by educational institutions and recognized trading companies.

Example: Courses by "Online Trading Academy" and "Evest Webinars" offer advanced lessons on market analysis and trading strategies.

Books are a valuable resource for learning the intricacies of trading and gaining a deep understanding of financial markets. "A Random Walk Down Wall Street" by Burton Malkiel and "Market Wizards" by Jack Schwager are considered important books recommended for reading.

When a beginner trader is ready to start, continuous research and expanding their knowledge base is encouraged. By using these diverse educational resources, new traders can develop their strategies and make smarter trading decisions.