Basics of Trading: Part 1

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Beginner
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Mark Williams

24 Dec, 2004

in Getting Started and 2 more

The Basics of Trading

I've had a long running thread on the T2W boards giving an introduction to the central themes of trading. This series of articles has been adapted from that thread and will take you through all the areas you need to get a start in trading, from chart reading to defining a strategy.

In Part 1 I will look at:

  • Basic chart reading
  • Money management
  • Exiting a losing trade
  • Setting a price target
Part 2 will then consider:
  • The importance of discipline
  • Paper trading
  • The trading plan

And finally, in Part 3, I will bring it all together by taking you through a simple trading strategy.

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Re: Basics of Trading: Part 1

iamGab;2071310
It is people like you Mark, who make trading more simple and most enjoyable. Thank you for your efforts.


Replying to a seven year old thread -********:thumbsdow

Feb 08, 2013

Member (5133 posts)

Re: Basics of Trading: Part 1

It is people like you Mark, who make trading more simple and most enjoyable. Thank you for your efforts.

Feb 08, 2013

Member (1 post)

Re: Basics of Trading: Part 1

Well done Mark this is the best article on the trading for beginers like me so far, I have better understanding now the principals and hope you keep posting more similar articles to help us the beginers to grasp better trades, you are the man... tks

Jan 28, 2013

Member (2 posts)

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