Sure, here's a 90-day plan to help you learn about stock market trading from the basics:
Day Task Description
Introduction to Stock - Learn what the stock market is, how it works, and
1-7
Market why people invest in stocks.
- Read beginner-friendly articles or watch introductory
videos.
- Recommended Resources: Investopedia, Khan
Academy, YouTube tutorials.
Understanding Stock Market - Learn about major stock market indices like the S&P
8-14
Indices 500, Dow Jones, and NASDAQ.
- Understand their significance and how they reflect
market performance.
- Recommended Resources: Investopedia articles,
financial news websites.
15- Basics of Fundamental - Learn the concept of fundamental analysis and its
21 Analysis importance in stock valuation.
- Understand key financial metrics like earnings per
share (EPS), P/E ratio, etc.
- Recommended Resources: Books like "The
Intelligent Investor" by Benjamin Graham.
22- Introduction to Technical - Explore technical analysis and its tools like charts,
28 Analysis patterns, and indicators.
- Learn about common chart patterns such as head and
shoulders, double top, etc.
- Recommended Resources: "Technical Analysis of the
Financial Markets" by John J. Murphy.
29- Risk Management and - Understand the importance of risk management and
35 Money Management setting stop-loss orders.
- Learn about position sizing, portfolio diversification,
and risk-reward ratios.
- Recommended Resources: Articles on risk
management principles, trading psychology books.
36- Types of Orders and - Learn about different types of orders like market
42 Execution orders, limit orders, and stop orders.
- Understand the order execution process and the role
of brokers.
- Recommended Resources: Online broker tutorials,
trading platforms demo accounts.
43- Developing a Trading - Explore various trading styles such as day trading,
49 Strategy swing trading, and long-term investing.
- Start developing a trading plan based on your risk
tolerance and goals.
- Recommended Resources: Trading books, online
forums, trading communities.
50- Backtesting and Paper - Learn how to backtest trading strategies using
56 Trading historical data.
- Practice paper trading (virtual trading) to test your
strategies without risking real money.
- Recommended Resources: Trading simulators,
backtesting software, online trading platforms.
57- - Explore different methods for analyzing stocks and
Market Analysis Techniques
63 markets, including chart analysis.
- Learn about news analysis, sector analysis, and
macroeconomic factors.
- Recommended Resources: Financial news websites,
technical analysis tools.
64- Advanced Technical - Dive deeper into technical analysis techniques such
70 Analysis as Fibonacci retracement, MACD, RSI.
- Understand how to use these tools to make trading
decisions.
- Recommended Resources: Advanced trading books,
online courses, webinars.
71- - Learn about the psychological aspects of trading,
Trading Psychology
77 including managing emotions and discipline.
- Understand common biases and pitfalls that traders
face.
- Recommended Resources: Trading psychology
books, articles on trader mindset.
78-
Risk Management Review - Review and refine your risk management strategies.
84
- Analyze your trading journal and identify areas for
improvement.
- Recommended Resources: Trading journals, risk
management calculators.
85- - Develop a comprehensive trading plan that outlines
Creating a Trading Plan
90 your strategies, goals, and rules.
- Include contingency plans for different market
scenarios.
- Recommended Resources: Trading plan templates,
mentorship programs, professional traders.
This plan is designed to gradually introduce you to the fundamentals of stock market
trading and gradually build your knowledge and skills over a period of 90 days. Make sure
to adjust the pace based on your learning speed and dedicate time each day to study and
practice. Good luck!
