A Short Course in Technical Trading
Chapter One
Timing Is
Everything
This course is about how to trade, not how to hold a position. It's about being
on the right side of the hill. It will teach you when to buy, when to sell, and
how to take losses before they affect your net worth.
There are some basic market truths that everyone needs to know before
trading. One of the most important things to learn is that things change.
Because things change, you need to ground yourself with trading facts. After
all, you are going to be immersed in stock prices, interest rates, and the barrage
of information that floods the news. You will need to know some of the
terms used in trading and in analyzing price patterns. You'll also want to
know what works and what doesn't work-mostly what works-and why.
For the answer to this last question, you will need to work your way through
the lessons. By the end of this course, you will understand why a technical
approach to trading makes sense.
THE MARKET CHANGES
The stock market is evolving. It is not the sam ... read full excerpt from A Short Course in Technical Trading ebook