First off, I am contemplating putting together some sort of E-book or guide to investing. It would be a simple start to finish guide that utilizes a lot of the information already present here on the blog within the stock education archives. It would be designed for new traders to gain enough knowledge and understanding about the stock market that they could atleast conduct simple research and trade in a simulator environment. Like everything else here it would be completely free.
Alongside the E-book or guide, I am considering kicking up a private stock simulator group setup for us over at investopedia.com (reviewed the simulator last week). It would offer traders new and experienced a way to hone their skills by practicing new strategies, or simply making their first trades.
The simulator group would have a focus on education:
- Allow new traders to learn alongside other readers in their same shoes.
- Allow myself and other more knowledged readers a place to simply test new strategies.
The whole idea is that by making it private, I can track everyone's results, continue to offer help to those with questions, and feature those within the group that trade well. It wouldn't be a competition by a community based learning environment.
Both the simulator and investment guide would not disturb the flow of content here on the blog. They would simply be an additional product for readers to utilize if they so choose.
The question is, would you guys use them?