I would like to learn more about how price actions work, please suggest a good course
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To understand price action, a good place to start is to read a book.
If you sit still, you’ll find plenty of free YouTube videos by doing research that validate the ideas you’ve learned from the book.
Book 1 – https://amzn.to/3AGtjQl ( Trade Like a Stock Market Wizard: How to Achieve Super Stock Performance in Any Market)
Book 2- https://amzn.to/3EVeOdQ (Stan Weinstein’s secret to profiting in bull and bear markets)
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Retail traders do not have an edge in intraday price action.Those who claim to make money do so by selling courses.I strongly believe they will not do well.
That’s a very strong statement. There may be people on this forum who at least disagree.
Agree with Jacob. Books and blogs (even podcasts to get an initial idea of who to follow) are great ways to start.
Also, instead of so many worthless paid courses designed solely as a revenue stream for sellers using Twitter marketing, look at these free courses that are actually worth it.
However, no course is immediately profitable. To acquire a skill, it must be learned, then applied and adapted to the market. It will take time – maybe years.
I didn’t take these courses, just scanned them. Because I had already read his wonderful books and his 10+ years of free blogging. So if your approach looks good take a look at those too.Good luck
“market life trading“
“market life trading“
https://adamhgrimes.com/
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Price action works most of the time, but EXIT and ENTRY rules must be followed and risk management is also the most important part. The stop loss can be hit, but the odds of winning are always on the higher side.
Print this chart below and practice as much as you can with paper trading until you understand it.
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Bro, one piece of advice, no courses, no books can help you, especially no paid books.go to zerodha varsity and study hard with focus on everything it has to offer, then chart and Start learning real trading in very small amounts.Paper trading is a waste of time.
Otherwise, waste your time on books and courses and reply to me in a year and tell me how much they have helped you become a profitable trader.
In addition to this, please tell me something.
You don’t have to trade using only price action, or only price action is profitable.
Sometimes you need to understand and develop your own system that only you can understand.
x person usable “RSI Divergence” trade, Y people usable “Distance from moving average” to Trade or Z can be used “Support/Resistance” trade.
Everyone understands some setting that allows them to align their behavior with the market.
You have to synchronize market behavior with your behavior and psychology. To develop this, you will need to sit and study the charts using different strategies for months or years to understand what works for your understanding and psychology.
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Education is big business in our country. He has less than a 5% chance (approximately) of a Price Action book or course making you a better trader.
There is no shortage of information these days. But too much is confusing. Basically, you need to understand what works for you in the market from the information around you. It takes a lot of time and money to do this.
The national team has been there for years. Investopedia was around before then. Still, I have to admit that when his 1% of active traders are making more returns than his FD, the trial-and-error mass failure path is better ignored.
It is recommended to be systematized. Write your code, backtest your deployment, then be patient. If you don’t have any coding skills, you can use our cordless platform today.
Hi,
This is my view on paid courses.
I don’t know why the course has so many negative reviews, but I’m not saying you should buy the course just because it looks flashy.
Before purchasing a course, you should do the following homework:
YouTube is full of free content and wealth of knowledge. Watch it and practice for about 3-4 months. And you should have a clear idea of which style to choose. It’s intraday or swing.
Then you have to choose a course. At this point, you should know who to trust and who not. (Already he has 3-4 months of analysis).
Before you buy a course, keep a few things in mind.
- You must purchase the course as an investment.
- To shorten the learning curve, you should buy the course.
- You have to practice what you have learned.
Personally, I think if you want to make big money, you should get used to investing in learning. For this, we set aside a small portion of our capital.
A good book helps shorten the learning curve.
Zerodha varsity does the same and helps shorten the learning curve.
Zerodha varsity is free and most prominent trading books are over Rs 3000, making it a bit pricey for the average investor.