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Training courses on technical analysis
17 Feb 2016 (402 views)

Some people spend a lot of money to attend training courses on technical analysis. They tried to apply the techniques to read the price charts. But it is difficult to read the charts correctly, unless you have many years of practical experience and you do the technically analysis regularly.

I have found a better way to trade on technical analysis. I follow the technical view of a specific analyst regularly and compare them with the actual price performance for the day. You can use a "demo account" to trade and see if you have made the right decisions following the recommendation of the technical analyst. 

The "demo account" is provided by many online stockbrokers. I prefer the one provided by Plus 500 which is available on iPad. 

For the technical analysis, I receive a daily emaily from Philips Securities. Currently, I am following only one trading item - Gold. 

An example of this chart is shown below. It tells me to take a short position in Gold when it is below 1180 and to cover the position when it goes above this level. I have found that the recommendation is reliable on many occasions.

Good luck on your trading. Remember to use the "demo account" to acquire your trading experience. 



Training courses on technical analysis
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Some people spend a lot of money to attend training courses on technical analysis. They tried to apply the techniques to read the price charts. But it is difficult to read the charts correctly, unless you have many years of practical experience and you do the technically analysis regularly.

I have found a better way to trade on technical analysis. I follow the technical view of a specific analyst regularly and compare them with the actual price performance for the day. You can use a "demo account" to trade and see if you have made the right decisions following the recommendation of the technical analyst. 

The "demo account" is provided by many online stockbrokers. I prefer the one provided by Plus 500 which is available on iPad. 

For the technical analysis, I receive a daily emaily from Philips Securities. Currently, I am following only one trading item - Gold. 

An example of this chart is shown below. It tells me to take a short position in Gold when it is below 1180 and to cover the position when it goes above this level. I have found that the recommendation is reliable on many occasions.

Good luck on your trading. Remember to use the "demo account" to acquire your trading experience.