Ok.
Other than the abrupt ending which I missed because I was borderline pissing on myself so I had to leave for 35 seconds, it was a very good easy to understand demonstration of basic technical analysis. I can't C&P the notes I took since that would be illegal but will give some topics touched upon.
- Went into Dow Theory and what TA was of course (6 points and those being trends, averages, ect.)
- Support and resistance which are fairly easy to understand without any tutoring
- Trendlines which I sometimes have problems identifying. Seems like an easy concept to grasp but I sucked at it, thankfully this gave me a better insight to trendlines and comparing those to MA's.
- From trendlines of course came moving averages which is what 1/3 of the webinar was composed of.
- Touching randomly on oscillator, money flow line, macd, SL, EMA12/26 ect.
For the majority of you, I would imagine that this is stuff you already know but if your shaky on TA I recommend them. They didn't try to sell me anything (at least not right now) or pimp a particular product. So if your brand new, you have nothing to lose and something to gain. If you want the cliff notes let me know I am editing it now in MS word, just PM me.
Rob
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Quote:
Professional traders focus on limiting risk and protecting capital. Amateur traders focus on how much money they can make on each trade. Professionals always take money away from amateurs.
John Carter
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Rob
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