How did you first become interested in the markets?IB
Alright, I've got to ask...
How did you guys first learn to enjoy following the markets?
Were you immediately hooked watching bloomberg/cnbc? watching an endless array of stock/bond prices move in small, seemingly contradictory directions?
While I understand it likely comes easy once you are immersed in it on the floor as your job, I have no idea how I can come across so many undergrads with a seemingly limitless knowledge of the markets and hunger for the latest bit of company/market news. I mean, I'm just as intrigued as the next person here when reading books like When Genius Failed, Black Swan, etc... Hell, I even tend to enjoy all of my Economics/ Finance based courses. However, when I turn on Bloomberg news I may as well be watching a CSPAN broadcasting of Al Gore on Global warming judging by my interest. I just can't get into all of these small, continual price movement alerts and info on company xyz, or the same rehashed economic prospectus by an analyst.
I'm hoping its just because I don't have a firm understanding of how the markets/fundamentals work and connect. I'm assuming that these undergrads aren't just memorizing lines they heard from analysts and brandishing them around to look cool? Do the target schools trully have such better professors/programs that they really learn the markets inside/out on top of the usual theoretical stuff?
I admit there is something very enticing about the markets and trading, as I am very interested in anything that allows you to form a "systematic" approach and try and use your knowledge to make predictions on future events whether short or long term.
** Anyway, my true question is where should I start/ what can I do to try and interest myself more in the markets? Is the only way to actually put some money in an account and starting trading? (I have tried a practice account but that doesn't give me a big enough incentive to get home from 10-14 hour work days and look further into it)