Post
Topic
Board Trading Discussion
Re: Newbie traders, work on yourself.
by
jossiel
on 05/02/2024, 22:26:07 UTC
Great advice for newbies! Self-learning and developing your own analytical ability are key elements of successful trading. Having an understanding of the market and the ability to analyze it yourself gives you confidence and helps you cope with changes in the market.
Start to learn on your own and you'll get to see how it is essential to get on with the market, the changes, the news and almost every stuff that you can work on to improve yourself in trading. Even not in trading but with your familiarity on the market.

Relying on third party signals can be risky, and developing your own skills is a reliable path to successful trading.
Everyone should just forget about signals. They are not going to do you any good but they'll ask you money for your participation there by receiving nonsense signals from them.

So, it's best to just develop your own way of analyzing the market, going on with technicals and fundamentals and that's more than enough.