Software Development, Finance and Economics

[Paid Course] Snowpal Education: Get Started with Trading Stocks


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In this course, Trading 101, introduces the fundamentals of trading and investing, emphasizing the importance of starting at a young age. It covers various topics including the significance of compounding interest, the necessity of paper trading, choosing the right trading platform, understanding trading hours, setting investment goals, risk management, types of trades, and tax implications. The course aims to provide a solid foundation for beginners and encourages ongoing learning and practice in trading.

Takeaways

  • Start investing early to benefit from compounding interest.
    • Trading is a broad subject that requires continuous learning.
      • Invest only what you can afford to lose.
        • Paper trading is a valuable tool for beginners.
          • Choosing the right trading platform is crucial for success.
            • Understand the trading hours and prepare accordingly.
              • Set realistic investment goals based on your capital.
                • Diversification is key to managing risk in investments.
                  • Be aware of tax implications related to trading gains.
                  • Your time in the market is more important than timing the market.
                    • Chapters

                      00:00 Introduction to Trading 101

                      03:46 Importance of Starting Young in Trading

                      08:46 Getting Started with Investment

                      14:06 Choosing the Right Trading Platform

                      17:56 Understanding Trading Hours and Preparation

                      19:48 Setting Investment Goals and Expectations

                      24:09 Risk Management and Diversification Strategies

                      29:59 Types of Trades and Their Implications

                      36:07 Tax Implications and Realized vs. Unrealized Gains

                      39:56 Conclusion and Next Steps in Trading

                      Purchase course in one of 2 ways:

                      1. Go to https://getsnowpal.com, and purchase it on the Web

                      2. On your phone:

                          (i) If you are an iPhone user, go to http://ios.snowpal.com, and watch the course on the go.

                          (ii). If you are an Android user, go to http://android.snowpal.com.

                      ...more
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                      Software Development, Finance and EconomicsBy Krish Palaniappan and Varun Palaniappan

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