There are 3 main categories of technical analysis methods that are used by all traders: Classical charting Technical indicators Price action Since I will be doing separate guides for each of these methods, for now I will be briefly going through each one. 1. Classical Charting These were the very first tools developed […]
Now that we have learnt how to read price charts, the next step is for us to zoom in on the individual bars that make up the price charts. Since these charts are called candlestick charts, the individual bars are called candlestick bars. For convenience, most people will also refer to them simply as price […]
As we mentioned in the previous chapter, there are buyers and sellers, and a transaction happens when both a buyer and seller agree to transact at a particular price. As the number of buyers and sellers in the market vary, so does the supply and demand, which causes the price to change continuously. A price […]
There are many different financial markets and financial products that are available for you to choose from, which sometimes can be too overwhelming. Personally, I have traded or invested in almost all of them over the years. In this post, I will give a brief introduction to each market and product, followed by my best […]
For new traders looking to start out their journey, what is the minimum amount of capital you will need to start trading? What is the optimal amount of capital you should use to ensure that you take your trading seriously? The tricky thing about this question is that it varies from person […]
