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Technical analysis is pretty much astrology for trading. Yes, the real money lies in fundamental and quantitative analysis (and some other things, but those are the most important generally). I would recommend you start studying statistics and the basics of options, supposing you don't already know all about them. Some of the simplest strategies (short vol, momentum) still can be extremely profitable, so if you want some initial strategies to look at I'd start there. I'm no expert by any means though, so take this with a grain of salt.
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Trading is about positioning and survival - nobody has permanent edge or a 1:1 strategy that always makes money. Accepting this is the first step.
I would recommend picking where you’d like to spend your study: do you want to make markets? Discretionary or algo trade? All of those are different.
Unsure? Focus on learning different products and asset classes and start taking RISK (yes that means you might lose money so trade small, but it’s going to be the rest of your life in this space.)
Love the thoughtful post, hope this helps
I would recommend picking where you’d like to spend your study: do you want to make markets? Discretionary or algo trade? All of those are different.
Unsure? Focus on learning different products and asset classes and start taking RISK (yes that means you might lose money so trade small, but it’s going to be the rest of your life in this space.)
Love the thoughtful post, hope this helps
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