Trading and investing are all about information: Accessing it, processing it, and turning it into an action that makes you money. In this week’s episode, I go through my favorite learning tools, data sources, news providers, and more to help you locate the most beneficial info and toss out the rest.
Section 1: Market News, Commentary, and Data
Online: Reuters for high-quality reporting on breaking news
Television: Bloomberg TV
http://www.dailyspeculations.com/ – Vic Niederhoffer’s blog
Podcasts: Financial Sense Newshour
Section 2: Learning Advanced Topics
For serious students, I still think books need to be a part of your study plan. Here are my ten essential books for traders and investors.
Spreadsheet skills: Microsoft Excel courses on Lynda.com from LinkedIn
Live streamers on Twitch.tv – a very new but promising niche
Section 3: Sources to Avoid
“Hot stocks” from email newsletters, pump-and-dump scammers, or social media groups
Poor-quality, overpriced garbage like Online Trading Academy – you’re paying $4,995 for what exactly?? Their obnoxious radio & junk-mail ad campaigns?
Instructors who promise massive returns overnight, turning $1k into $1M in three simple steps, etc. Don’t get scammed.
Anything you use to get blind recommendations – always do your own diligence before making investments.
What are your favorite sources for news, commentary, data, and education? Please share! Leave a comment below.
Intro music and mid-program music by audionautix.com