Scroll down to see a list of Internet sites that will provide a free education in the basics of investing.
There are many Internet sites that offer basic educational information about investing. For new investors the advice they offer is sound but often difficult to put into practice. For example, advice includes “Don’t be greedy”, “Stocks that are in a downtrend tend to keep going down”, “Trade according to set rules”. “Sell your losers and let your winners run”. Hindsight will tell you, but at the time you have to make a decision about an investment how do you know if you are being greedy in hanging on to an investment – aren’t you just letting your winner run? What exactly is a downtrend? A stock can be in a downtrend in one timeframe but an uptrend in another. Are the rules you have set adequate and it is something else that you need to change or should you change your rules? It can take a long time and a lot of money to find out if your current rules are right for you. Though it may seem expensive, that is why learning from an expert trader, or mentor, is the best way for many new investors.
The Internet sites below will give the new investor a thorough grounding in the basics of investing.
No payment of any kind has been accepted for the inclusion of any Internet site below
The links below will take you to other sites. Investors Internet Inc. does not accept any responsibility for the content of any third party website
When you have explored some of the sites below please give us your comments by sending an email to info@investorsinternet.com
http://www.1source4stocks.com provides education for beginners with its Learning Center’s articles about Getting Started, good, basic Rules For Investing, and 12 Things To Remember When Reading A Financial Statement.
http://www.aaii.com The American Association of Individual Investors, has an Education section with an Investor Classroom that includes articles such as First Steps to Successful Investing, which are suitable for new investors.
http://www.about.com is a series of web sites, such as http://economics.about.com and http://beginnersinvest.about.com/ that provide a considerable amount of educational material. http://beginnersinvest.about.com/ has lessons for beginners, Investing 101, and education on a couple of dozen major topics which are listed on its home page.
http://www.allpennystocks.com has useful notes in its Beginners Corner.
http://www.apexfutures.com has 50 Basic Rules for Traders which are equally applicable to investors.
http://www.clearstation.com has a Trading Basics article which is very suitable for beginners. The article can be downloaded in PDF format.
http://www.day-trading-mind.com has trading lessons that are suitable for new traders.
http://www.elitetrader.com in its Training section has useful advice. Its Workstation Guide lessons describe the essential elements of setting up a trading station, and its Computer Based Trading covers topics such as Directional Movement Indicator, Stochastics, Short Squeezes and Fair Value.
http://www.estocktrading.net is suitable for new investors.
http://www.fabianfinancial.com has some special reports that will benefit novice investors.
http://www.fleetkids.com looks like a fun way for kids to learn about financial management, although we have not tried it. It is a Bank of America site.
http://www.fool.com has a newsletter about Investing Basics and a substantial amount of information at the Internet site.
http://www.forecasts.org has a research section that is helpful to new investors.
http://www.gabrielsmoneypage.com has tips for beginners in its Investing Info section.
http://www.incrediblecharts.com has an extensive amount of education in its Trading Guide, The Secret of Successful Trading, Trading Basics, and Indicators A to Z sections.
http://www.infognome.com has six Trading Lessons that are worth reading.
http://www.invest1to1.com, a Washington Mutual website, has general financial education in the University section. It has articles classified into Absolute Beginner, Occasional Investor, Experienced Investor and Advanced Trader with subjects ranging across credit reports, social security, international investing, stocks and bonds 101.
http://www.investopedia.com covers a broad range of topics with Tutorials divided into Beginner, Intermediate and Advanced and, with the Articles section, topics ranging over economics, fundamental, technical and inter-market analysis. It also has information for those studying for examinations, such as the CFA (Chartered Financial Analyst).
http://www.kiplinger.com is a major general financial site with articles that are educational on tax, credit, stocks and many other topics.
http://www.marketmasters.com.au is an Australian site which has amongst its articles one on “The Most Efficient and Effective Path to Becoming a Profitable Trader and/or Investor". Unfortunately the article is not as definitive as we might like it to be.
http://www.moneychimp.com has an attractive web site with basic explanations of economic indicators, index funds, how to read an annual report, how much are stocks worth, the rule of 72, P/E and PEG ratios, and other topics. Many are explained with cute, little diagrams where you click on the components to learn more.
http://www.mrswing.com emphasizes the importance of education in weekly lessons in the newsletter and the Education and Analysis Section. Education is included in with the analysis of the markets and sectors.
http://www.msfinancialsavvy.com has a section for Kids/Teens Investing. It claims to be a site for women.
http://www.paritech.com/ an Australian website and a reseller of Meta Stock software, has good, simple explanations on a wide variety of topics, from a long Beginners Guide to charting types, and indicators.
http://www.peterdag.com has numerous articles on Understanding the Financial Markets and Business Cycle, including a two part, six chapter treatise that deals with developing an investment process that takes account of business and financial cycles.
http://www.profitwave.com has an 18-page booklet for download called Smarter Trading Strategies that is suitable for new investors.
http://www.teenanalyst.com is a site aimed at young investors, that explains the basics of investing in stocks, economics and some advanced topics.
http://www.theeducatedinvestor.com/ is aimed at beginning investors.
http://www.tradersfloor.com/ has brief explanations of a couple of dozen topics with links for further information.
http://www.tradingday.com in its Technical Analysis Tutorial has 50 or more short articles with lessons that every new investor should learn. The lessons include little known facts such as chart reading does not automatically lead to profitable trading, modern markets try to burn everyone through rinse jobs before they launch definable trends, and the best trade may be in the opposite direction from the one that you’re planning. Another one that we believe is “Attention to loss is a sign of trading experience. Attention to gain is a sign of trading immaturity”.
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