every top trader places high value on technical analysis knowledge and its application. for everyone that aims to be a successful trader must learn to study and understand technical analysis so as to be able to sigh read charts , interprete and place trades. please kindly share some tips and material links, journals for newbies and anyone who wants to brush up their knowledge on technical analysis.
Of course, technical analysis is a very important skill that every newbie trader is meant to acquire before they start trading. But there’s usually a misconception that I see among newbie traders; they think that after learning technical analysis that there will be nothing like loss again for them when it comes to trading. But that is not the truth, technical analysis will only let you see the opportunities, and then you take that opportunity to make profit from the market. It doesn’t guarantee that you will be making profit 100% of the time that you place a trade.
But, the good thing is that it will help you to improve, and your chances of making profit in the market will be very, very high. As for how you will learn technical analysis, there are lots of websites that you can make use of, some of them you have to pay for it, while some of them are being offered for free. You can check out dailyFX, or you check out investopedia.com and search for articles on technical analysis.