- Learn to use some analysis indicators, such as MACD, RSI and other technical indicators, can be used to analyze price trends during trading.
While learning to use some indicators in order to trade is without a doubt important at the same time you need to be able to put a coherent strategy around them, after all there are people that are experts at using many indicators and when you see their charts it is almost impossible to see what the price is doing because of all of the indicators that they have in place, however even if they have so many indicators they do not really know what to do with them and that's why they still lose money despite their deep knowledge of the inner workings of those indicators.