The goal of every market speculator is to be able to think and act confidently. Not having to trust anyone. But to get there you need someone to walk you through some basic first steps. If you’re just starting out, you don’t have to be completely obsessed with reading all of AT posts Trade view. In most cases, it’s best to just do it yourself. Be original. Invent your own ideas and creativity. Don’t be afraid to be wrong. Try out all of the drawing tools and analysis tools in the trading view. To summarize my key points during this 2 part series:
- If your ultimate goal is to be a speculator, you must be a STUDENT for your own good. Learn it. Pretend it’s really your son. Know your temperament. Take a look at the entire price history of the chart.
- Create one Business cycle Report showing all bull and bear cycles, and recording periods of greed, fear, despair, and accumulation. Notice how long these different cycles lasted. Knowing this will help you better understand the current cycle we are in and where things can go.
- When you begin to study the charts in longer terms. Daily weekly monthly. Anything less than an hour will take a great deal of skill to market.
- Find out more about common moving averages and what they can tell you.
- Record previous large resistances and supports on your chart based on historical prices.
- Meet your Fibonacci friend.
- Get to know the different dynamic indicators.
- Finally – always make sure that your tech structure is super clean and concise. It must never be disorganized. Just because one chart has a million Trend lines and indicators don’t mean it’s good. Most likely it’s rubbish.
Anyway, I hope you found some of the information helpful. Again, 99% of the legwork has to be done by you and that’s not a problem. If one day you really want to do this for a living, you will be disciplined to learn as much as possible.
Since only ten minutes are allowed per video, the educational framework must be posted in two parts. See parts 1 and 2 below: var tradingview_embed_options = {}; tradingview_embed_options.width = “640”; tradingview_embed_options.height = “400”; tradingview_embed_options.chart = “lkb3avMq”; new TradingView.chart (tradingview_embed_options_options);
Technical Framework for Beginners 101 Part 1 from WolfpackCrypto At TradingView.com
var tradingview_embed_options = {}; tradingview_embed_options.width = “640”; tradingview_embed_options.height = “400”; tradingview_embed_options.chart = “6YcIiFle”; novo TradingView.chart (tradingview_embed_options_options);
Technical Framework for Beginners 101 Part II from WolfpackCrypto At TradingView.com
The entry Trading for Beginners: Using the Technical Framework to Your Advantage first appeared on Coin Insider.
Be the first to comment