Most people just learn the basic of trading which is just executing trade, but this isn't enough to be a successful margin trader if not you keep loosing funds, you have to learn about chart patterns, know how to analyze trade, know how to read candles. With this knowledge of technical analysis you could actually know when to enter and leave the market, like it's said no one can actually know the direction of the market! I might be new but with my studies I can say technically analysis could help to predict the market to an extent. Trading futures without knowledge of technical analysis is just like gambling because you don't know the next movement your just trading based on luck
Well said mate , any investment without a proper knowledge is just like gambling, and relying on luck always isn't a good idea, cause you can't always be hoping on your lucky stars you will eventually run out of luck some day, that's why it's important to learn and develop a trading pattern rather than trade with lucks.
Where you can only depends on assumptions. But its damn true that market doesn’t fluctuate according to your assumption
Always. So its like a gamble Where you can get rich or homeless.
Assumptions will never get you far enough in trading, you can only win 2 of 10 trades when you trade by assumptions, while the remaining 8 your account will be losing equity.