ThatSucks.com Trading School – Primary School Section
So you took the Blue pill… and you completed Preschool. Congrats, but we are just getting warmed up so don’t rest on your laurels because we still have a long way to go. Remember how Morpheus downloaded Kung Fu and all sorts of knowledge right into Neo’s brain? Well, I’m sorry but I can’t do that so we will still do it the old fashion way, meaning you have to read and learn.
Starting from the first steps of analyzing a financial chart, to risk management, to trading psychology and to our take on trading Robots and Signals, in this section we will prepare you for trading or rather we will give you the tools to do it yourself.
Tick the small circle (○) next to the article to follow your progress.
Welcome to Primary School!
- Charting / Analyzing First Steps
- Preparing for Trading
- Risk Management
- Signals, Robots and Software
What Can I Find On Primary School?
Charting/Analysing First Steps
In this section we will go over the basics of technical analysis. You will learn what trading charts are and why they are an indispensable tool. Types of charts, chart patterns, and Japanese candlesticks – you’ll find all these topics here, explained in a friendly and easy to digest manner.
Signals, Software and Gurus
There a lot of Signal Providers out there, claiming to be the best market analysts that money can buy. Gurus will try to convince you they can show you the easy path towards immeasurable riches and Software sellers will give you the Holy Grail of trading for 99 bucks or for free… If it were that easy, we would all be rich. This section tries to show you who and what to trust.
Ahh, such an important part of trading. If you don’t have the proper mindset and you are not disciplined, all your trading knowledge is worthless. Learn in this section about the most important psychological aspects of online trading; learn from our mistakes and the ones of other traders rather than from your own.
Preparing for Trading
Ok, you know how much to deposit, what broker to choose, you have the right mindset, but is there more to know before starting to trade? Yep, keep a trading journal, read a book, learn to manage your time and to avoid distractions while trading – you’ll find it all (and more) in this section.
No trader is complete until he learns to manage risk. Here you will learn why managing risk is important and how to do it. We will talk about your first deposit and how big it should be: do you want to be a conservative trader, a Nice Guy or a Shark? Or maybe you want to deposit the minimum allowed… but can you make money if you don’t invest enough? We will try to answer these questions in this risk management section and we will also give you a big list of 18 “Do” and “Do Not” tips.
Signals, Software and Robots
There are tons of Signal Providers out there, claiming to be the best market analysts that money can buy. Also, there are tons of Gurus who will try to convince you they know the easy path towards immeasurable riches, and Software sellers that will give you the Holy Grail of trading for 99 bucks or for free… If it were that easy, we would all be rich. This section tries to show you who and what to trust.
Questions? Remarks? Extra Info? Thoughts? Suggestions? Contact the team at Info (at) ThatSucks (dot) com