forgive me for not typing nice thought out paragraphs, but more or less random bullet points.
Obviously before you trade any real money I would with out a doubt trade a paper account. This way you'll get to experience the market and how it moves and how placing trades/watching indicators move works.
http://www.babypips.com/school/
baby pips is a forum for forex and they have a "school" where you can learn a pretty good amount of info.
http://www.forexfactory.com/forum.php
anther decent forum
and finally my personal favorite place that taught me the most about the markets was http://stockcharts.com/
you can click the tab that has "chart school" and that should keep you busy for a day or two.
is a pretty good stock screener and it's free. Here you can search for stocks by fundamental and technical analysis.
If you have any questions or want to talk more feel free to message or reply- I have made my living trading futures and forex for the past couple of years.
The most important thing I think people should understand is money management, risk/reward, and how compound interest/profit works.
In the links I've provided you should cover these topics, if not, or if you have specif
forgive me for not typing nice thought out paragraphs, but more or less random bullet points
You can never stop learning about finance and/or trading. The very concept of the market is a place where buyers and sellers meet. With that in mind you and other traders or financial experts will always have different views and that is ok.
1k is not that much- Day trade rule for stocks is 25k, most futures brokers require at least 1k, global futures how ever does offer a $0.00 minimum to open an account but futures move very fast and if you are trading the es mini sp500 that trades at 12.50 a tick which could literally wipe out your account incredibly fast if you hit a period of loosing streaks. If I were you I would trade fx markets. Most brokers will let you open an account with $50.00 and trade micro lots, which equals about 10cents per pip depending on the currency.
Obviously before you trade any real money I would with out a doubt trade a paper account. That way you can deal with managing your trade, setting stops and take profits. While doing this I’d recommend starting with 1k so you have realistic expectations on how much you could make, or loose per day/week. Keep in mind that most people don’t become profitable and many people have lost their whole account.
http://www.babypips.com/school/
baby pips is a forum for forex and they have a "school" where you can learn a pretty good amount of info.
http://www.forexfactory.com/forum.php
anther decent forum
and finally my personal favorite place that taught me the most about the markets was http://stockcharts.com/
you can click the tab that has "chart school" and that should keep you busy for a day or two. Also this website will let you chart, add indicators, and view almost any investment type you want.
If you do decide to trade/ invest in stocks, Finviz is a pretty good stock screener and it's free. Here you can search for stocks by fundamental and technical analysis.
The most important thing I think you should understand is money management, risk/reward, how compound interest/profit works, and to not be to greedy. On a forum I’ve listed above you will always see threads referencing making 100+ pips a week. Don’t buy into those get rich quick games. If you can even figure out a way to make 10 pips a week that is all you need.
the links I've provided should cover these topics.
If you have any questions or want to talk more feel free to message or reply- I have made my living trading futures and forex for the past couple of years. Keep in mind that even if you decide you want to wait and not trade 1k- I think it’s important for everyone to understand how finance and the markets work. Don’t be one of those people who spends money going to college, work your whole life to save for retirement then not understand how you can loose 50% of your retirement in a couple months because you don’t understand the basics of the market.