Stock Market Trading Roadmap

Stock Market Trading Learning Roadmap

Basics of Stock Market
  • Understand what the stock market is.
  • Learn about stocks, bonds, mutual funds, and ETFs.
  • Learn basic terminology: market orders, limit orders, bid-ask spread, etc.
  • Understand how stock prices are determined.
Financial Literacy
  • Learn to read financial statements: balance sheets, income statements, and cash flow statements.
  • Understand key financial ratios: P/E ratio, ROE, ROI, debt-to-equity ratio, etc.
  • Basics of accounting principles.
  • Understand economic indicators and their impact on the stock market.
Stock Market Tools and Platforms
  • Get familiar with trading platforms: TD Ameritrade, Robinhood, E*TRADE, etc.
  • Learn to use stock screeners to find potential investments.
  • Understand charting tools and technical analysis software.
  • Learn about financial news sources and their influence.
Trading Strategies
  • Study different trading strategies: day trading, swing trading, long-term investing.
  • Understand risk management: stop-loss orders, position sizing.
  • Learn about fundamental analysis: analyzing a company's financial health.
  • Learn about technical analysis: using charts and indicators to predict future price movements.
Practice Trading
  • Use paper trading or simulation accounts to practice without real money.
  • Track and analyze your trades to understand your strengths and weaknesses.
  • Start with small amounts of money once you feel confident.
  • Join trading communities to learn from others' experiences.
Advanced Topics
  • Learn about options trading: calls, puts, strategies like covered calls, and protective puts.
  • Understand futures and other derivatives.
  • Explore algorithmic trading and automated trading systems.
  • Learn about margin trading and short selling.
Continuous Learning
  • Stay updated with market news and trends.
  • Read books and take online courses to deepen your knowledge.
  • Follow financial blogs and join trading forums.
  • Attend webinars and seminars to learn from experts.