Tools4trading #0 : How to understand the market and take trading decisions

in #trading7 years ago (edited)

Hi everybody, this is the first episode of a a long series that will give more detail about trading strategy, analysis and explanation of tools that will help you trade and understand how the market work.

I want to make myself clear on this one : This will not be a guide on how to get rich quick, because this is simply not possible, go to the lottery if this is what you are looking for.

Get rich

Trading is not easy. It's hard. You have to fight constantly between emotion and fact. But if you fight well, the reward may worth it. I will try to give you all the tools you need tu understate BY YOURSELF the market and make your OWN decisions. I want you to be fully autonomous and not depend on anyone that maybe call himself "a good trader" and ask for your money to give advice and trading strategies.

This will be a long journey, but i'm sure we will all learn from each other and perform better after this.

I will start by all the common tools (support, resistance, trend lines, fibonacci, etc ..) then how to identify the market you are in (bullish bearish ranging) and give some simple strategies to start with.

Again, trading is not easy. Use only what you can afford to loose and start with paper trading, don't go with real money unless you are very confident and trained.

Stay tuned ! I'll try to post 1-2 post per week.

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Looking forward to see ur next articles

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