Spend time understanding basic approaches | stockbee

4/09/2015

Spend time understanding basic approaches


Unless you want to become a voodoo doctor , you need to build basic foundation in anatomy, physiology, biochemistry, pathology, genetics. You can not become a neurologist by skipping basic .

Similarly you need to have understanding of basic trading concepts.Knowledge of them will save you lot of time effort and money.

Understand basic of momentum and how it works and how it is calculated.

Understand nature of swing moves

Understand breakout as a technique which has been around for ages

Understand pullback as a technique which has been around for years

Understand growth investing

Understand value investing

These are basic understanding which if you have will help you narrow your focus areas for finding setups.

No comments: