#TradingAnalysis101 Trading analysis 101 involves understanding the basics of technical and fundamental analysis. Here are some key concepts to get you started:
Technical Analysis:
- Charts: Understanding candlestick charts, trends, and patterns
- Indicators: Moving averages, RSI, Bollinger Bands, etc.
- Trends: Uptrend, downtrend, and sideways trends
Fundamental Analysis:
- Financial statements: Income statements, balance sheets, and cash flow statements
- Company performance: Revenue growth, profit margins, and return on equity
- Industry trends: Understanding the competitive landscape and market trends
Other key concepts:
- Risk management: Position sizing, stop-loss orders, and risk-reward ratios
- Trading psychology: Emotional control, discipline, and patience