Technical and fundamental analysis

ebook The major tools for online trading (Crypto and Forex),and what you should know

By Alex Friedman

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In reality, trading stocks, currencies, futures, and other financial transactions is not difficult, and anyone can pick it up quickly. This has been my everyday experience for the past ten years. If the art of trading is properly communicated to traders, even those who have tried everything for years without success can start making money. However, the phrase "in the correct way" is crucial in this context. This book focuses on learning efficient, ready-to-use trading strategies as well as technical analysis, explanation, and interpretation of price movements and chart patterns. But it's crucial to look beyond the conventional technical analysis and examine how traders behave according to psychological elements and phenomena of mass psychology. The Due to the daily interactions of millions of people, price changes on the global financial markets occur. Emotions and human behavioral patterns have an impact on people's buying and selling decisions. The human elements, i.e., emotions and instincts, barely change when comparing a speculator from 200 years ago in China, a Wall Street pit trader from New York 80 years ago, or a modern-day "Joe Bloggs trader," dealing from his/her smartphone. Human behavior has been influenced by greed, fear, uncertainty, and the desire to take risks for millennia. Of course, people have also moved their money across the markets for generations. Anyone can read and manage any price movement if they can learn to interpret the buyer and seller interaction from the charts.This is true because all price charts adhere to a set of timeless, universal principles that can be correctly evaluated through the use of proficient technical analysis. On our website, www.tradeciety.com, over a million people have already looked up trading-related information throughout the years. Traders contact us daily asking for advice on how to better understand technical analysis and trading. The desire to provide a comprehensive response to these questions led to the writing of this book. It's the book I'd have wanted to read when I first started trading more than 15 years ago. This book's initial section offers in-depth knowledge of the foundations and distinct elements of price analysis and technical analysis. The most crucial trade patterns are the subject of the second section, which include the right way to read chart formations. We'll go over possible entry signal places and trading approaches so that traders may confidently interpret their own charts right away. Creating a personalized trading strategy is the emphasis of the third and last component. At the end of this book, traders will have a wealth of useful advice to help them manage their trading professionally in addition to insight into key psychological trading principles. The purpose of this book is to help the reader understand the factors that cause price changes, how buyers and sellers interact, and how to make profitable trading decisions. Finally, it is feasible to comprehend any chart situation using technical analysis thanks to its thorough and step-by-step expertise.and ultimately succeed in becoming a self-employed trader.

Technical and fundamental analysis