What Does a Beginner Need?
- Basic understanding of stock markets
- Willingness to learn Python fundamentals
- A broker account with API access
- A structured learning platform or mentor
- Patience — algo trading is a skill, not a shortcut
Common Beginner Mistakes
- Skipping backtesting and going live too fast
- Over-optimising strategies (overfitting to past data)
- Using too much capital before the strategy is proven
- Confusing paper trading performance with live performance
- Not accounting for slippage and transaction costs
Best Way to Learn as a Beginner
Simpli Trade Platinum mentorship is designed specifically for beginners — no prior coding or trading knowledge required. We start from absolute basics and take you to live deployment, step by step.
Free Resources to Start
- Silver plan — free access to MultiDesk
- Free Algo Trading Courses on Simpli Trade (Gold plan)
- TradingView indicators included in Gold plan
- Python learning resources in course library