Post
Topic
Board Trading Discussion
Re: Rating-Trading
by
GeorgeJohn
on 04/12/2022, 17:58:27 UTC
because chart is basics thing someone who wants to understand trading have to understand first.
Knowing charts without having a strategy is still a failure, what is most important in trading are the strategies that you are using, but knowing chart, understanding it is very good, while indicators are very important to predict what the market could be in some minutes, hours or days to come. Charts are not hard to understand, but not having the right strategy could be what a trader can suffer from, leading to more losses than profit.

Chart is basic no doubt but it works directly with indicators. Therefore to understand your chart it means you have an understanding of the indicators that you are using to analyse the chart, so it can be easy or not easy but trading isn't easy if you have not taken care of the emotions. Life trading and practice or mere flipping through of trading history are not the same. If you don't understand your strategy then you can't analyse your chart with the indicators.
Anyone who knows chart interpretation supposed would have known indicator analysis, so that is the reason why we continue to be emphasizing directly to the learning the rudiments of trading and knowing the foundation of trading before venturing into it, i believe that trading is one of the major thing that we have to understand that it's disadvantages is higher than the advantages.