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Trading Ideas

Technical Trading Strategies: 5 Beginner Steps for Success

Technical trading strategies rely on many important factors, such as a trader’s ability to analyze security movements and recognize charting patterns. For those who are new to it, technical trading can seem overwhelming—Fibonacci ratios and harmonic patterns, reversal patterns and options spreads. There’s a lot to take in. To help take it all in and get familiar with technical trading, it’s smart to develop a system.
Below, we’ll go through a simple five-step framework that will help many traders come to grips with their own technical trading strategies. It’s broad enough to account for different trading styles and approaches. Yet, …read more […]