besides chart patterns, candle sticks, rsi, volume, support and resistance?
what else do i need to learn before trading
- Thread starter ineedmoney90
- Start date
Pyschology and risk management is more important than technicals. You need a mix of both.
Easily create and develop a trading system!
That involves all the points you said + risk management + ...
That involves all the points you said + risk management + ...
He/she must be young... the modern generation texts without proper calitalization, punctuation.. and uses all kinds of abbreviations they expect are universally understood.
I was once chastised for "using too much punctuation".
Well.. punctuation is all about clarity... and is the difference between, "Helping your uncle Jack off a horse", and "Helping your uncle Jack-off a horse".
%%
Capital markets, chart patterns require a capital C , a bit of cash + or checks.
WHEN Dave Ramsey was real young, he asked his Realtor dad for some money;
his wise dad said son/ you dont need money you need a business or job.
Learn to give away %% cash like Bill gates;
good thing my dad my taught me that @ early age/ give 10% plus.
Dont worry if you missed the big move in XOM sector APR 20,2020;
Bill gates tech sector + related did better.
IF someone ever throws a partial can [or 7 cans]of WD40 in your path;
its not climate change LOL. Give one or more away.
I saw on a WD40 can [made in CA] can not for sale in CA, I've moved from stupid stuff like that or away hi taxes.
I like Proverbs; good questionYou also, need the most important thing which is risk management and proper position sizing to minimize the chances of blowing out your account. Then, add a trading system that has positive expectation, based on extensive backtesting. You need probably need 1,000 trades to backtest any trading system. If you have negative expectation, you will never make any monies long term. Go back and work on your trading system until you are able to get positive expectation or an edge in the stockmarket.
You need money