for a beginner there is much in the world of TA, one part of...

  1. 2,829 Posts.
    for a beginner there is much in the world of TA, one part of which is charts, various indicators and their interpretations, market geometry, and time and it's application within the market. In your journey there is one constant. Whenever you have a question, your first port of call is investopedia.

    investopedia ( charts search)

    and then there are the masters of the charts. Dont take what they say as bible truth. Rather, learn how they systematicly read the indications within a chart, to form an opinion on probabilities, and watch how they are prepared to change tack should further evidence indicate that is the proper course.

    You could learn from this guy

    and you could probably learn from
    Carl Swenlin, one of the masters

    but if you want to learn the trade there is no substitute for drawing a few charts, keeping them, and going back to check them. There is no greater incentive to go back and check them, than to post them here on charts ( perhaps on the WE thread), for you peers to review, and see if they still hold water after a couple of weeks or so.

    Learning is a process. My advice is that if you are interested in learning, try to develop and reinforce the process you intend to benefit from. The more effort you put into getting that facet right, the more you will get out of the process in the end and the further you will get.

    There is a dedicated charting learning thread that happens every weekend, and I guarantee you that the people who get the most out of it, are the ones who keep trying week after week to improve their analysis, and their presentation. Along the way sometimes we get to improve our trade planning and execution skills.

    good luck on your journey


 
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