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The following topics are covered in this lesson:
1. Picking a trading style to reflect your personality
2. What is fundamental analysis? What is technical analysis?
3. Technical analysis 101: Support and resistance lines.
There are a million different ways to trade the financial markets. Maybe more. Swing traders, data players, Elliot Wave analysts, momentum traders, Gann theorists, spread traders, arbitrageurs – not to be confused with risk arbitrageurs – and correlation players all help to price and misprice assets. The music of the market reflects the instruments these traders use.
Yet any two traders using the same strategy could be taking wildly different trades – even taking opposites sides of the same trade. This is because, while sharing the…Read the rest of this article at CFDSpy.com, Spy school.
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About the author
Lunch is for Wimps used to trade currencies and equity indices – and even occasionally traded German government bonds when he was trying to cure insomnia. Watching Wall Street one night, he heard Gordon Gekko deliver the classic line: “if you want a friend, get a dog”. Unfortunately, a large build-up of ear wax led to him mishearing this piece of wisdom, and he ended up starting this damn blog when he should have been at the pet shop instead.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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