Post
Topic
Board Trading Discussion
Re: Help in Trading
by
Barbarian
on 18/01/2020, 03:25:33 UTC
The biggest help in trading is provided by Technical analysis. It is very necessary to learn either fundamental analysis or Technical analysis to perform better in trading. Technical analysis is very easy to master and learn.

Technical Analysis is an art in which forecasting of price movements is done based on historical data i.e. price and volume. It is not an exact science where you can get result on an absolute basis but it is an art where everyone performs the analysis differently with the help of technical components like indicators, patterns, trendlines etc. on a chart.

Technical analysis is a very easy way to do chart analysis as compared to fundamental analysis. I found a great article which covers in-depth knowledge about Technical analysis. For a beginner or advanced trader, it will provide you with good exposure to Technical analysis.

https://www.mastershareprice.com/2019/11/technical-analysis-indepth-explanation.html#point2
Technical analysis is very straightforward to learn but it is really difficult to master, it is easy to deceive yourself by choosing the wrong indicators and thinking you are predicting the market when what you are doing is nothing but confirming your own biases, you need to detach your emotions from your analysis because there are going to be many times in which you are not going to like what you see and you will want things to be different and then you lose money by not listening to the markets.