I have two accounts -- a longterm account and a trading account. The LT account I buy stock in strong companies (AMZN, AAPL, some other stocks I like longterm like ATVI and TDOC) and only look at it when I think the time is right to purchase more shares or initiate a new purchase. This is like maybe once every quarter. I honestly couldn't tell you its exact value right now, how its performed this week/month and honestly I don't care to know. In my trading account, I watch it like a hawk multiple times a day and I am putting in orders throughout the day. Most of those stocks/trades/ideas are the ones discussed on this thread.
You should almost definitely have a longterm
investment account where you buy strong stocks, set it and forget it. If you want to trade on the side like some of us do here, open a simple Robinhood account with
money you are willing to lose and play along, learn your way. Anticipate that account to lose money, especially in the short term. You may even have to put more money in that you're willing to lose (hopefully not, but I've read stories that even the most "successful" traders blew up accounts multiple times when first starting). It has personally taken myself a long time to learn the ins and outs (accelerated no doubt by the wisdom of this thread and the motivation to get better) that only now am I comfortable with my approach that I'm making meaningful, consistent gains. I still have moments where I make a bad trade and blow up a week-month worth of work.
To anyone that reads this thread and wants to jump in, please do not do so with meaningful money. Most of the trades that are made here can be done so with Robinhood and a starting balance of $500 - 1000. There are also websites that let you run paper accounts (fake accounts) to track your progress before you dive in with real money.
In terms of resources or what to read, I honestly have learned the most from just reading/watching traders on twitter. Especially traders that run their own subscription services. They sometimes put out Youtube videos that describe what trades they made today and why.
This is a good example. I do not advocate for joining their service as I do not believe they are selling anything special and believe most of their trades can be deduced from twitter (surprisingly similar to football recruiting and services. Not a secret when a player commits these days!). If you follow along you'll hopefully pick up how they're breaking down charts, what they look for and their tendencies. Everyone is different and you can build your own strategy on what you like, what you want to incorporate and what you're not going to pay attention to. That's what makes it fun in my opinion because there is no true right way and you are constantly learning and adapting. It never gets stale.