In this section, amongst other things we will consider some of the basics of trading.
When I started trading I found there was a lot of jargon and concepts that I just did not understand. I also found it frustrating at times that there was a lot of assumed knowledge and the basics were never really covered. I also found sometimes that information given was not particularly useful and some background and explanation would make all the difference and enable a practical application of the information presented.
Trading was something I had always wanted to do and I took a couple of trading courses. I found that there was an emphasis in the ‘how to’ of trading which was essentially the mechanics of placing a trade with a broker but nothing substantial about risk management. Opening a trading account and pushing the buttons to buy and sell is easy to do but all this seems to do is make you dependent on the ‘services’ being provided and never really teaching you the basics to enable you to trade for yourself.
I don’t profess to be an expert. A lot of things I have worked out by talking with people and also reading a lot of books. I want to give you some basic information here and some thoughts about things you may not have heard before or considered. It will certainly be a different approach to anything you might read in a newspaper.
Some of the topics I will cover are:
- Fundamental Analysis
- Technical Analysis
Look for these and more in our articles section. Just select the beginners category.