Every beginning trader faces a bunch of problems. It usually takes a lot of time and effort to resolve them on one’s own. More often than not, these efforts fail or lead to false conclusions and delusions. Eventually, most beginning traders lose and get disappointed at Forex.
What major mistakes do most beginning traders make? How to learn to trade Forex the correct way?
Sergei Krupenin, chief instructor of ’s school for beginners, knows the right answers…
Technical Analysis – Key To Successful Trading
Technical analysis is just a method of predicting prices based on analyzing price charts and indicators.
Many professional traders have proved that it is possible to make decent profits by speculating minor price changes of stocks and currency exchange rates. Some traders and investors are afraid of unexpected major moves and market uncertainty. After learning some isolated tips and techniques, traders usually become too confident (sometimes even arrogant). They start thinking they know everything and are invulnerable. This is one of the biggest delusions contemporary traders can fall prey to.
Indicators and oscillators are not the “Holy Grail” or the way to riches. They are just tools. They are a means of making stable profits (if you know how to use it). That is why millions of people lose when trading Forex or any other capital market.
So are there efficient ways of learning and mastering technical analysis in order to get stable profit? Yes, there are! They are taught by instructors of and its free online school for beginners. Technical analysis doesn’t 100% guarantee that your supposition will be right. However, efficient TA techniques will help you to put expected value (EV) in your favor, thus turning you into a winning trader.
’s Free Online School For Beginners
Out of many technical indicators, uses only some of them in its exclusive trading system. It is taught to students of the academy and its free online school for beginners. Each indicator used in the Masterforex-V trading system has its role, functions and distinct interpretation. Multiple aspects of trading are combined into a winning strategy!
Technical analysis is a powerful tool allowing you to understand what is really going on in the market. However, in order to make really efficient and comprehensive analysis of the current state of affairs, information alone is not enough. You need certain analytic skills and techniques. Those skills and techniques can be mastered through constant practice. But you also need a master to teach you those techniques.
All the instructors of the free online school under always remind their students to never blindly follow the analytics made by all those “analysts” employed by various financial institutions to misguide the crowd in their favor. Critical thinking is a key to successful trading.
There are too many aspects to describe them in a single article. Therefore, if you are interested in learning more about fundamental and technical analysis and want become a professional trader the virtual doors of ’s FREE online school are ALWAYS OPEN FOR YOU!
