Characteristics of the Best Online Trading Courses

in #forex6 years ago

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The following is simply my opinion on the best online trading courses. It is not a guarantee for trading success and should not be considered as such.

Let me start with something controversial-a criticism of technical analysis. I believe the reason most traders fail is that they implement a pure form of technical analysis. Technical analysis, by itself, can put a trader at a real disadvantage if not combined with proper risk management, volume analysis, or fundamental analysis.

If you don't believe this, I can provide evidence of how Richard Dennis, head technical Turtle Trader, lost millions of dollars of managed funds in 1988. This fact, of course, is rarely mentioned.

However, there is one technical system that I know of that has stood the test of time. What sets it apart is not that it is technically based, but that it incorporates an excellent risk management system. This type of risk management combined with the author's insistence on a confluence of evidence for a high probability trade makes for a robust system.

https://andiamolireforex.com/what-are-the-best-online-trading-courses-part-1/