Step by step, over time, you can better understand how financial markets work. If you are just starting out with day trading for beginners, it may be easier to start trading according to the news and identify support and resistance levels and understand some basic chart patterns. On the other hand, experienced traders can find trading signals in complex economic reports and technical indicators. Regardless of your level of expertise, you should have a clear understanding of the analysis process you use before you start relying on it. However, whether you choose fundamental analysis, technical analysis, or a combination of both, it is important to note that neither provides a guaranteed trading outcome. Any market analysis only indicates potential price movement and can help identify your entry point.