What Should You Learn How to Trade First? {stocks, options, forex, crypto...}

I get this common question all the time from beginners who are wanting to know "how to get started" with trading the financial markets. Should these new traders get started with stocks? What about options or Forex? Maybe the beginner trader is wondering about cryptocurrency or futures. What should you learn how to trade first? That's a very wise question to be asking and something that I hope all beginner traders are considering. The tricky thing with the question is while it is totally logical and wise, it's actually not right. What do I mean? Let me show you what you should first learn about as a trader. Whether you are wanting to be a day trader, swing trader, or investor, there is one area of the market that you first need to focus on. By focusing on this area of the market you will expand your horizons and flexibility in regards to your money making opportunities as a trader. What do I mean? Let me show you the one question you need to be able to answer and the tool that you can use in order to help you answer it. Know how to answer this question and you can then move into trading whatever financial asset you'd like.

[onlyemman]

Man Thank You for making this video I was going to lose my mind trying to figure this out, because I would hate spending 5 years learning Options “thinking” that if I would have done Forex for the past 5 years I would have been better off.

[rolfthewolf]

I've been studying day trading and technical analysis for the past few months and with my small amount of experience have had more success and enjoyment scalping than swing trading or longer intraday. I've been thinking about trying forex to get around PDT and be able to trade outside of market hours, but I'm also thinking maybe I shouldn't get into something more risky before I have more experience and track record with stocks.

[haun]

For whatever reason this video is refusing to load

[nigelsnow]

forex technical analysis can be applied to every market..less news and talking unlike stocks, options dividends, earnings
simple

[josephedomobi]

So learning technical analysis can make you make better decisions in other niches like cryptocurrency, forex and stocks??

[noblecreditpull]

THis DEFINITELY Helped... I led towards Tech. Analysis.... With Forex Since I can Practice MOre time wise - N then I can Take my talents to south beach.. Thanks a Bunch boss.

[erarandom]

Great content on this channel, I've learned allot and Clay is great at responding. Valuable channel here for experienced and new traders.

[bakaniellece]

Everytime i watch this guy i feel like an expert😂😂😂

[metamorphosisx]

Wished i could have liked this video 2x, this really pointed me in the right direction. Thanks!!!!

[emmanuelmarra]

Does we use similar Technical Amanalyisis for all Stocks, options, and crypto

[marlon-eric]

Thanks for the video. It makes things a bit more easier to dissect as a beginner.

[tomi]

But aren't some of those, like Stocks, more reliant on what's actually going on with the asset in question? Technical analysis won't do me much good if the company is going into bankruptcy.

[nirbhayverma]

What would be the best place to learn all about the technical analysis..youtube, books?

[stevencross]

Don’t see bitcoin investment as a risk, in every success there is always a risk. The ability to take those risk makes you successful

[kennytnt]

Very good question for me, a very beginner, thx clay

[faizulla]

yeah, information is zero ...
Question is verry important, but:
... if you choose the market that way, then you shouldn't listen to you further.

[hakhinton]

you could get confused....
its so many "gurus" on youtube now....
your mind cant handle it....
and you cant afford to guess wrong on who is

[masshysteria]

Hello Clay, do you offer any technical analysis courses?

[rob-zzpp]

Hi clay in-joying video lot and learning lot rob QLD Australia

[Yasar]

Ok, but how one can learn to kind of predict direction?