Are you looking for that edge in the financial markets? That edge that will turn you from a so-so trader right into an effective one? Well I think I know what it is. I have finished a publication I bought about some of the best traders in the world and they all used technical analysis to help them with their trades.
Does that surprise you? It surprised me.
I have to admit when you learn about stock trading the introductory books on focus on fundamental analysis. The issue with that is they're missing out on a very important asset. People should think about doing a technical analysis course to supplement their current knowledge.
Is a technical analysis course really necessary?
No it isn't but I would recommend it. Learning from books is fine but the problem with that is you do not know in case you have interpreted the signals correctly. You soon will after you start trading as you may start losing lots of money. It is better to learn correctly in the first place and not put yourself at risk.
In addition to doing a technical analysis course you might want to get hold of a stock trading newsletter. You may get these specific to technical analysis. These are brilliant for confirming what you should already know. If you keep coming to conclusions that are different from the authors then you need to rethink whether you are ready.
If you want to improve your stock picking you should be prepared to put some work in then. Work at learning, doing courses and reading. Everything in life that is worth having requires a bit off effort. Don't ask me why, it just does, so if you aren't prepared to work then you are throwing money away doing the course.
If you too want to make it into the next publication about successful traders you really need to think about technical indicators. The easiest way of doing that is through a technical analysis course but make sure you select the right one for you.
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