Many new traders believe that the fundamentals are easy and impractical, and they try to jump straight to 'advanced' materials. This can be a grave mistake. Just as you cannot drive a Formula 1 car right after getting your learner's permit, or deal with trigonometry without mastering the basics of arithmetic, you will not become a successful trader until you understand the fundamentals of this business. The fundamentals are critically important, and you must understand them well before attempting to enter more complex trades. A good example of this is the basic concept of support/resistance and its relationship to price movement and its implications for trading positions.
