Thursday, 12 September 2019

Technical Analysis Course - Choosing the Right One


There has been a growing trend in demand for learning about analysis of the stock market. There are a lot of courses available for that subject and I would like to give you a list of things to look out for on a technical analysis course.

There are two things we are going to look at today when selecting a Technical Analysis Course. The first is content and the second is delivery. There is a well know saying, "a little bit of knowledge is dangerous" and this is true with this subject. It is therefore important that you know what you need to learn.


If you are a beginner then you need to start at the very beginning. I would class the following as essential reading for the beginner. You need to know the theory behind why this analysis works. You also need to understand how charts are constructed and the different types of charts there are.

The basics of a Technical Analysis Course are essential but then you should move onto reading the charts. For this you need to understand the patterns and their meanings. Here you should learn about continuation and reversal patterns.

A technique that you really want to learn about is trending. This is a very popular and can be a very profitable system. You should learn how moving averages play a part in this technique.

A good Technical Analysis Course will cover indicators such as volume and oscillators. I don't find them very useful on their own but combined with other elements of the chart they can be quite powerful.



In terms of the delivery of a Technical Analysis Course, you do have so many options. The method that you decide is only one that you can make and will be dictated by your learning style and budget. There is nothing like learning from a trader in person but if you can't afford it then perhaps you should start with books or a DVD.

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