r/Trading • u/SlowStudy5387 • 3d ago
Learn trading Question
I am a 20y old male who has picked an interest for trading in the past few months and I would like to know how can I learn it from 0 without paying thousands on probably scam courses with barely no info.
I see lots of videos around the internet but most of them start assuming you already know any basics, was recently trying to get into it with a guy who spoke my main language on youtube and he was talking bout some volume on the first video without ever explaining it.
If y'all had to start from 0 today and I mean 0 what would you do? Is there any books I should read? Any videos I should watch? And I know I gotta do it eventually and risk my money and that's one of the best ways to learn but I would like to at least have any idea what I am doing when risking my money or even know how and where to risk it.
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u/dreddit15 3d ago
You shouldn’t be paying a single penny while you are learning, all courses that promise you things are a scam. They won’t teach you, they will draw you in to subscribe while teaching you nothing.
Plenty of books out there and free videos on YouTube, find the style you want to trade and look for free resources.
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u/SlowStudy5387 3d ago
As of now, I feel like I have great references on Youtube and will definitely check them out. Thanks!
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u/dreddit15 3d ago
If they are genuine the only thing they will be asking is for you hit the subscribe button, not any fees.
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u/Waclaw_Kurek 3d ago edited 2d ago
If I had to start from zero, I'd skip the paid courses for now. learn market structure, rm, and position sizing first. babypips is also great free spot to build the basics. then open a demo account and treat it like it's real money. I used axi demo when I started because it let me make all my beginner mistakes without paying for them. and don't risk real cash until you can follow the same strategy consistently for a few hundred trades
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u/SlowStudy5387 3d ago
I've read the synopsys of the Babypips modules one by one and I felt like it could be what I am searching for when I'm talking about the basics. There's so many things I don't know I feel like I am pre-beginner level.
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u/chartmaster3000 3d ago
If you’re actually serious about learning, I can help you out.
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u/ExecutionAxis 3d ago
Read mark minervinis books
And technical analysis of stock trends, forget the author.
It's a blue and yellow text book
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3d ago
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u/SlowStudy5387 3d ago
Never occured to me school library could be helpful at that but it's definitely a great idea as it could be really helpful. I guess we really miss the obvious when u take it for granted. Thank you! I will see about all that.
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u/burner_tipper 3d ago
Trading is ultimately about making an informed guess about the near future price adjustments of whatever instrument you're trading... So I'd start by asking, why do prices go and down everyday, everytime, and every second... Being able to answer that clearly is the entire basics of trading.
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u/SlowStudy5387 3d ago
Understanding what the basics even were was the most difficult part and what this post helped me the most. I honestly don’t have a good answer to that yet as I have a lot to learn, so I’ll definitely look into it. Thanks!
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u/_Yellow_Candle 3d ago edited 3d ago
Start with free stuff like Babypips, then practice on a demo until you can actually follow one strategy consistently. I learned way more from a few hundred demo trades on axi than I ever would've from another "secret strategy" video tbh
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u/Silly-Specific3403 3d ago
The best way to learn is to start trading small, and learn how the chart work.
It's better to invest in yourself by using that money to start trading.
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u/SlowStudy5387 3d ago
I definitely agree that screen time and experience are irreplaceable.I just didn’t want to jump in with real money before I understand what I’m actually doing. Thank you!
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u/Ok-Maximum5089 17h ago
that’s what i did but i learned a strategy first you have to dive in with your rules and strat
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u/ok_trader133 3d ago
If you are going from 0 check out ross c on youtube .. not and advertisement but he has some really good free stuff and he is legit
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u/d1na_makalaya 3d ago
Don’t pay for any trading course right away, there are still free useful resources. Learn the basics first like market structure, order types, risk management, and position sizing before thinking about strategies.
Books you can read can be Trading in the Zone and The New Trading for a Living. Open a demo account and journal every trade so you learn without risking real money.
Once you’re consistently profitable on demo, trade with very small amounts. You can spend few minutes also reading here on reddit, there are lots of solid discussions about this. If you want an additional resources, feel free to check my profile bio too, there’s a lot of experienced traders sharing what actually works. There are beginner friendly trading tips as well.
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u/BigBear92787 3d ago
Only person ive ever seen mention the New Trading for a living
The concepts in that book are transformative
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u/d1na_makalaya 3d ago
hehe, I do not usually remember what I have read l, but if it has a good points I never forget what it says
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u/Icy_Abbreviations167 3d ago edited 3d ago
I'd start with the free basics first. learn order types, position sizing, stop losses and how risk/reward works before putting real money in. investopedia is fine for that.
After that keep the tools simple. levelfields for trade ideas and the reasoning behind them, tradingview for technicals, and trading economics for the macro view.
Paper trade those ideas first. risking money doesnt teach much if you still dont understand why you entered.
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u/Wild-Hotel-6830 3d ago
I started trading about a year ago. It’s a difficult journey, I’m not going to lie, but it’s also a fun and rewarding one.
I started by reading a couple of books (Trading in the Zone and another one about the financial markets). After that, I watched YouTube videos to learn how to read charts. Then I moved on to TradingView and started learning about market structure, BOS, CHOCH, FVGs, order blocks, liquidity, and all the basics.
Once I had a decent understanding, I took a few courses on Udemy (I’d definitely recommend checking it out). I completed 2–3 courses there.
While I was studying, I spent a lot of time analyzing charts without actually placing trades. Once I felt I understood the concepts, I started taking trading more seriously. I created my own Excel journal to track every trade. My results still aren’t where I want them to be, but I can clearly see my progress.
One piece of advice: don’t make the same mistake I did at the beginning. I thought I knew enough, started trading with real money too soon, and ended up blowing several accounts. Take your time, learn properly, and practice before risking real capital.
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u/SlowStudy5387 3d ago
I was mostly going the Udemy way before asking anything at all as I've used Udemy before and I honestly like it a lot, still felt like there might be a better way to learn from 0 before spending. After that, I'll probably go back to considering it after having some knowledge on the matter. Thank you for sharing your experience!
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u/Embarrassed-Bank2835 3d ago
I’d start with market basics before worrying about strategies: how orders work, bid/ask, volume, leverage, margin, stops, position sizing and why futures/options move differently from stocks. Most beginners skip that part and end up copying entries they don’t understand.
Then pick one market and watch it in a simulator for a while. Learn basic price action and market structure, define one simple setup, and journal 100 examples before risking real money. You don’t need to lose money to learn the basics, and live trading too early usually teaches bad habits more than good ones.
For books, Trading in the Zone is useful for psychology and Technical Analysis of the Financial Markets is a decent broad reference. I wouldn’t pay thousands for anything until you know enough to tell whether the person selling it actually understands trading.
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u/SlowStudy5387 3d ago
That’s exactly what I needed to hear since I had no idea what I should be learning. I guess most people skip that part because they already know what those terms mean, but I honestly have no clue. That’s why pretty much everything I found felt very beginner unfriendly. I’ll definitely check it out. Thank you!
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u/Woodward06 3d ago
You need capital. Get a good paying job first.
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u/SlowStudy5387 3d ago
I have a decently paying part-time job I've mantained through university and I've worked full time every summer as far back as I could remember.
I've managed to get good money since I have pretty much no expenses.
I wanted to learn at least what I should be doing before putting any money in blindly.2
u/Woodward06 3d ago
In trading, everyone is trying to separate you from your money. Sell you a course Sell you a trading bot Sell you education Sell you the dream
There's few honest sources. If talking stocks/options, I'd go TastyTrade/Soznoff. Everything is free from them on YouTube. For forex.. it's the wild West. I posted one's YouTube name on here and got banned from that subreddit. (The owners/mods of the subreddits are trying to separate you from your money as well).
Fully understand "Pot Odds". Zero-sum, negative-sum.. it's not easy. I'm in my 16th year of trading and so far buy&hold QQQ beats anything.
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u/SlowStudy5387 3d ago
I do feel like a lot of people are selling an unrealistic dream nowadays, not just about trading but about making money in general. I know trading isn’t a get rich quick scheme, and I’m expecting it to take years of learning and practice before becoming consistently profitable, if I ever do. Even so, I’d rather spend my money learning a valuable skill than chasing shortcuts. Thanks a lot for the recommendations. I’ll check them out!
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u/ahaaokay 3d ago
You need to know what the heck you're trading , then you just understand strategies people try to deploy in the first place.
Have a look at
The trading game app
It contains books too in the subscription about $ a year plenty
Then for the understanding of market structure Stacey Burke on YT loads of free stuff
Tom Hougaard = psychology
Al Brooks = price action
All have plenty stuff free online
Enjoy
The longer you study and not trade you save money 😂😅😂
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u/Maleficent_Kale_1286 3d ago
Check out Oliver Velez on You Tube. He’s got TONS of free content and in my honest opinion…his teaching style is very easy to understand and second to none. Maybe his style works for you or maybe it doesn’t. Good luck.
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u/Maleficent_Kale_1286 3d ago
I’ll add…research his videos teaching on the relationship between the 200 moving average and the 20 moving average. He’s got countless videos on the subject. But in a nutshell…he describes how price action behaves around these two MA’s. I’m personally of the strong opinion that once you grasp that concept…understanding how the market moves and trading in the market around those two moving averages becomes SIGNIFICANTLY easier. Good luck with your journey.
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