If you want to learn to cook, you go to a chef—not a food critic. The same goes for trading: if you want to be a trader, learn from a seasoned day trader, not just someone who talks about it.
Here’s a sad reality: There are thousands of trading tutorials online for anyone to access. Anyone with an internet connection can regurgitate online trading tutorials and try to promote them as “innovative” day trading courses. That’s why thousands of online trading tutorials exist, but very few are consistently profitable day traders.
In an ideal world, anyone who’s ever interacted with these “innovative” tutorials should be a successful day trader. But that’s woefully not the case.
Where’s the disconnect? There is too much noise in learning how to become a day trader. And the answer is very simple – join a reputable day trading school for credible trading education.
Why Join a Day Trading School?
All the day trading information available for a new trader can be overwhelming. Knowing where to start is the most critical trader decision you can ever make. The only way forward is through a systematic and structured day trading program developed by traders for traders.
Structured Day Trading Courses
A lot of information is just as bad as little information. Unfortunately, we live in an era of information overload and echo chambers. A structured foundation that gives you an in-depth technical and fundamental understanding of all the global tradable assets will ensure you become a consistently profitable day trader. With a day trading education, you don’t go at it alone; you’ll have access to mentorship programs, a thriving community, and live trading rooms.
Psychological and Cognitive Training
Trading is difficult. The small losses, a breakdown of your trading strategy, FOMO, loss aversion, these minor, seemingly harmless stressors that result from day trading do not strengthen you. Psychologically, your brain and psyche may incur irreversible atrophy if you are unprepared for the toll of being a day trader. Trading education isn’t just about understanding technical and fundamental analyses, it also involves learning how to master trading psychology. That means even if you already have a profitable trading strategy, you’ll need mental fortitude from cognitive training for traders to remain consistently profitable.
Join a Thriving Trading Community
Those who came before you know what works and what doesn’t. In his best-selling book ‘The Black Swan,’ Nassim Nicholas Taleb says, “If you engage in a Black Swan–dependent activity, it is better to be part of a group.” No one will understand you better than like-minded individuals. They understand the struggle you’re facing. A trading community isn’t just about people sharing their trading strategies and scripts. The best part of a trading community is everyone in there has been through what you’re going through. Think of it as one giant group therapy for traders. Trading takes a psychological toll, and if you don’t have a community, you may most likely burn out and quit a career you’d have been so great at.
Earn and Learn Opportunities
As a trader, your primary goal is to earn. And being allowed to earn while learning about day trading is an offer you can’t refuse. Joining a day trading school means that apart from having access to curated educational tutorials, you’ll also have access to live trading rooms. As a trader, you can copy the instructors’ trades and earn while learning from the best.
How to Pick a Credible Day Trading School
As mentioned, many day trading schools will turn you from a novice to a professional trader. Here’s how to identify the most credible ones to offer you value for your money and time.
Should Offer Multi-Asset Training
As a beginner, you never really know which type of markets you’ll excel in – maybe you’ll find your niche in stock, forex, crypto, options, or futures trading. While the technical aspects of trading can be applied to different asset classes, the fundamentals when trading different assets vary. The ideal trading education should teach you how to trade global assets.
Must have a Trading Community
The credibility of any day trading school will be visible in its trading community. No amount of advertising will ever match the rave of a genuine product user. The trading community should be vibrant, active, and most importantly, open. That’s the only way you’ll know if the current and former traders from the school got their money’s worth from the program.
Fast Track into Prop Trading
The goal of any trader is to become a prop trader – more capital to trade and higher potential profits. However, becoming a prop trader isn’t a walk in the park. It involves showcasing your trading skills while being consistently profitable under strict risk management rules. A dedicated trading education run by prop traders teaches you different trading and risk management strategies that work and the trading mindset you need to become a profitable prop trader.
Live Trading Rooms
It may not seem like it, but there’s a dire principal-agent problem regarding trading instructors. And nothing says skin in the game better than a trading instructor who uses a live trading account to teach you about trading strategies. You should avoid taking advice from someone who advises a living unless there is a penalty for their advice. For a beginner trader, learning on demo or simulated accounts is okay. But it would be unforgivably unethical if a trading instructor didn’t bear the financial consequences of what they teach you – good or bad. 
The Bottom Line
We live in a world where anyone can be a day trader; your academic or professional background doesn’t matter. That’s primarily thanks to the liberalization of CFD trading and the proliferation of trading brokers. And thanks to the internet, thousands of free day trading tutorials are online. Unfortunately, most of what’s out there is mostly noise.
As any trader knows, day trading is a living, evolving organism. Depending on your preferred niche of trading assets, the technology is ever-evolving, especially with the current AI boom. Hundreds of AI trading strategies and algos are dropping in the market almost daily, which may leave you with analysis paralysis. How can you possibly test all of them? How can you know which one would be best for you? That is why a credible trading education must have a robust ecosystem and aren’t just designed for beginner traders.
Keep an eye on Tickblaze. The platform will offer free education and partner with reputable companies for further training and mentoring.
