#TradingMistakes101
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 as soon as you get 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, its relation to price movement, and its implications for trading positions.