Post
Topic
Board Trading Discussion
Re: Fibonacci Tool and Price Action.
by
borovichok
on 18/06/2023, 03:10:50 UTC
Hey friends!!

I am a long-term trader who do not have any expertise. My plan is to buy at a low and sell at a high, but it takes a lot of time and patience, so I decided to start short term trading. My friend told me that using the Fibonacci tool in conjunction with price action is the most successful trading method. I'm attempting to investigate and learn about it. Can someone suggest a good instructional video or book to help me learn both? 

Thank you!!   
Surfing online, particularly on YouTube, might yield solid answers; Fibonacci is fueled by price movements. I would suggest you to keep on functioning long-term trades that demand patience and time, as long as they produce massive gains; there is no better way to catch up trading than with a well-planned strategy. Short-term trades do not always end well; one can experience daily losses when the market fluctuates; this is primarily due to the market's state, rather than the trader's technique. Long-term trading is solid; we trade based on the current market environment. It's nothing unusual to see the market disintegrate during the bear season; we're all used to it.