Trading Analysis
Before we enter the basic Trading Analysis lesson, it's good to know the meaning of Analysis. What is analysis?
In general, analysis is an attempt to observe in detail things or objects by way of describing the components for further study.
Then now, what components in trading need to be studied so that we can generate profit?
Okay, we start!
In Trading we will be familiar with the term Market. Generally, the market that we know is where people buy and sell. And in the world of Trading, Market is what determines price movements. In this market we can become sellers or buyers. That sounds easy right? But remember, Market is the one who has power over the price movements at any time. So to know the price goes down and rises, we need analysis so that we can get Profit instead of Loss. Because both we as sellers or buyers definitely want to get profits not losses. But unfortunately here those who have price power every time are Market which can change its dynamics in minutes or even seconds.
A trader in trading activities is likened to a snake catcher, wow funny!
Yes, this is an easy parable so that it can be easily understood. "Snake" is Profit. So luckily catching this agile "Snake" we need a trap. The trap is called Open Position and Close Position. If we compare it again, Open Position is the front trap while Close Position is the final trap, will our "Snake" target be caught? It depends on how precisely our analysis puts the trap.
Analysis in Trading can be done in two ways:
Technical Analysis and Fundamental Analysis.
Technical Analysis is an analysis that focuses on knowing the history of price movements to predict the direction of price movements. This analysis can use Charts and Indicators.
Whereas Fundamental Analysis is an analysis that analyzes the factors of price movements such as watching or news of the world economy.
So those are two things that must be understood and important for your trading to succeed.
For those of you who are interested in joining Trading and need a supervisor
FREE Online Trading Guidance
Mujib
E-mail : nurulmujib82@gmail.com
Facebook :
Click Here
WhatsApp :
Click Here
Komentar
Posting Komentar