Reddit reviews Trend Following (Updated Edition): Learn to Make Millions in Up or Down Markets

I became interested in the markets around my sophomore year of college as well and have since spent a vast amount of time in self-study and reading about trading and the markets as a whole. If you are like me, you probably have an idea of what "stock trading" is to you. Let me promise you, your idea is probably vastly different than reality in the markets. Please, please take the advice below. I can't stress enough how important these resources were and still are for me.

Long-term investing/wealth building:

Read everything put out by Stansberry Research (I am not affiliated with them in any way)

A.) http://stansberryresearch.com/book/the-stansberry-research-guide-to-investment-basics/

B.) http://stansberryresearch.com/book/the-stansberry-research-starters-guide-for-new-investors/
-- After reading the two books above, pick up the books recommended in the back of the "Stansberry Research Starter's Guide for New Investors"

C.) Stansberry Radio also produces a fantastic educational podcast. Definitely worth a $10/month subscription. The quality of guests and interview segments are second to none.

Shorter-term trading:

Check out Investor's Business Daily (IBD) at www.investors.com

A.) How to Make Money in Stocks: http://www.amazon.com/Money-Stocks-Complete-Investing-System/dp/0071752110
-- This book probably taught me more about the stock market than any other

B.) Trend Following: http://www.amazon.com/Trend-Following-Updated-Millions-Markets/dp/013702018X
-- The book that started it all for me. The author also runs a fantastic podcast (Trend Following with Michael Covel). This educational value of this podcast is indescribable.


At a time when the stock market continues to break all-time highs, please be careful when trading/investing. Control your risk FIRST (http://www.vantharp.com/tharp-concepts/position-sizing.asp)

Feel free to shoot me a message if you have any questions. I love to talk trading!

yea you could do this. there is education involved. you have to learn about relative strength, trend following, and risk management.

here are some books for you to read

http://www.amazon.com/Trend-Following-Updated-Edition-Millions/dp/013702018X/ref=sr_1_1?ie=UTF8&qid=1414408329&sr=8-1&keywords=michael+covel

http://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133/ref=sr_1_1?ie=UTF8&qid=1414408378&sr=8-1&keywords=how+to+make+money+in+stocks

there are other books you will have to read but these will give you the right foundation to build on.

ignore when people tell you its not possible to beat the market or time the market. these are people who cant do it themselves so they think its not possible for anyone else. it is possible, in fact it is probable when you have the right knowledge.