#TradingAnalysis101
1. Master the Basics
• Understand market trends, support/resistance, and price action.
• Learn how to read candlestick charts and technical indicators (RSI, MACD, Moving Averages).
2. Develop a Strategy
• Choose a style: Day trading, Swing trading, or Long-term investing.
• Stick to a clear entry and exit plan—avoid impulsive trades.
3. Risk Management is Key
• Never risk more than 1-2% of your capital per trade.
• Use stop-loss orders to limit losses and take-profit to secure gains.
4. Follow Market Sentiment & News
• Stay updated on economic reports, earnings, and geopolitical events.
• Watch volume and volatility for confirmation signals.
5. Learn from Mistakes & Keep a Journal
• Track every trade: entry/exit points, reasons, and outcomes.
• Analyze mistakes to refine your strategy over time.