As a beginner in trading, I’m struggling to tell the difference between trustworthy sources and scams or unreliable information. What are some YouTube channels, books, or blogs you turned to for learning and gaining insights when you began, or still rely on today?

When I first ventured into trading, I also faced challenges distinguishing credible resources from scams or misinformation. It’s crucial to build your knowledge base with reputable sources. Here are some recommendations for YouTube channels, books, and blogs that many traders, including myself, have found useful:

YouTube Channels:
Real Vision – Offers a broad range of interviews and educational content with some of the best minds in finance and trading.
Trading 212 – Provides clear tutorials and insights for beginners.
ClayTrader – Focuses on technical trading analysis and practical trading education.
Investopedia’s Channel – A reliable source of a wide range of financial topics, including trading basics.

Books:
“A Random Walk Down Wall Street” by Burton G. Malkiel – Offers insights into various investment strategies and market theories.
“Trading for a Living” by Dr. Alexander Elder – Excellent for mastering trading psychology, technical analysis, and money management.
“Market Wizards” by Jack D. Schwager – A compilation of interviews with successful traders sharing their experiences and strategies.
“The Intelligent Investor” by Benjamin Graham – Though more investment-focused, it provides timeless principles applicable to trading.

Blogs:
Investopedia (www.investopedia.com) – Offers a comprehensive range of educational articles on trading and investing.
BabyPips (www.babypips.com) – A great resource for forex trading beginners.
Seeking Alpha (www.seekingalpha.com) – Provides market analysis and opinions from various contributors.
TraderFeed by Dr. Brett Steenbarger (traderfeed.blogspot.com) – Focuses on trading psychology and market behavior analytics.

In addition to these resources, always be cautious and cross-reference information before acting on it. Look for endorsements from the trading community and forums like Reddit’s r/StockMarket or r/Trading, where insightful reviews and discussions can further validate the credibility of a source. Stay up-to-date with market news through services like Bloomberg or Reuters, and utilize demo accounts to practice and test strategies in a risk-free environment.