🛑For Beginners, it is essential to understand these indicators. These are important steps to understand trading orders and a simplified explanation.

Important and essential information for beginners to understand trading and reading indicators:

1. Charts:

- Types of Charts: There are several types, such as line charts, candlestick charts, and bar charts. Candlestick charts are the most common as they provide information about the opening, closing, highest, and lowest price for a specific period.

- Using Charts: Helps you see trends and price patterns, aiding in making informed decisions.

2. Technical Indicators:

- Fundamental Indicators:

- Relative Strength Index (RSI): Measures the strength of a trend. If it is above 70, it may mean the asset is overbought, and if it is below 30, it may mean it is oversold.

- Moving Average: Helps to determine the trend by calculating the average prices over a specific period. It can be used as support or resistance.

3. Order Types:

- Market Order: Buying or selling an asset at the current market price.

- Limit Order: Buying or selling an asset at a specified price. It guarantees you the price, but it may not be executed if the market does not reach that price.

- Stop Loss Order: Sets a point at which the trade will be closed to minimize losses.

4. Trading Platforms:

- Choosing the right platform: There are many platforms like MetaTrader 4/5 and Thinkorswim. Choose a user-friendly platform that provides the tools you need.

- Mobile Trading: Most platforms provide apps for smartphones, making it easy to track the market at any time.

5. Fundamental Analysis:

- Asset Evaluation: Involves studying economic news, financial reports, and global events. For example, unemployment data or interest rates can affect the market.

- Earnings Forecasts: Companies release reports on their earnings, affecting stock prices. Follow these reports to assess company performance.

6. Market Indicators:

- Dow Jones: Measures the performance of 30 of the largest American companies.

- S&P 500: Measures the performance of 500 of the largest American companies and is considered a good indicator of the overall health of the market.

7. Economic News:

- Economic Calendar: Keep track of economic calendars released by sites like Investing.com. These calendars display important events such as interest rate decisions or job reports.

### Additional Tips:

- Continuous Learning: Keep learning by reading articles, books, and watching educational videos.

- Practice: Use demo accounts to apply what you have learned without risk.