In lesson one we explain exactly what technical analysis is, and cover some basic methods you can use to get started. You’ll discover how technical analysis is different to fundamental analysis, and learn about three different types of charts that technical analysts use.
In lesson one we introduced you to technical analysis. In lesson two we’ll expand on that by explaining support and resistance, and trend lines. Being able to use these simple charting tools is your first step to becoming a successful trader.
In the final lesson, we’ll explain some important money management tools when it comes to trading. One of the most important things many investors and traders forget is setting exit prices for shares. This is important because a stock could always move against you, which would mean you end up losing money. So in this lesson you’ll learn why and how to set a stop loss and take profit level.