Do you have any suggestions For the best way for a beginner in trading to build their knowledge base? I want to avoid making uneducated decisions and am willing to do all the work but I’m not sure where to start 😊
Dr_Tarik_Awad_DDS
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@lyndababb, Yes I can advise you, where to start. But we always going to loose money, learn candle stick by Steve Nison. Download some apps that does not tell you the name of the stock and you can buy and sell to train yourself. Open a paper account, trade as this money is real.
lyndababb
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@Dr_Tarik_Awad_DDS, great thank you. I did buy RY today. I’m Canadian and only trade I the TSX. I am going to check out Steve Nison
Prasad_Ari
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Wonder full Analysis!!
mukeshkumar1986mukesh
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Looks like RY ready to dive to test the lows.... let’s see but great set up. 👌👌
Dr_Tarik_Awad_DDS
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@mukeshkumar1986mukesh, yeah did you notice how the price reacted with the orange line. we might see 80.40 in few days
mukeshkumar1986mukesh
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@Dr_Tarik_Awad_DDS, that is look like a guided trading set up. That is perfect text book example of break down and retest the support line. Very well executed trade well done bravo!! Can you explain how you find the orange support line?
Dr_Tarik_Awad_DDS
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@mukeshkumar1986mukesh, thank you very much, the orange line was the bottom of the dougi candle of 16th April 2020 19:30.
I spent 12 yrs studying candles and patterns. My first trade was at age of 17 yrs :) through my mom account as I was not qualified to legally trade at that time.
behlkush
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Are you still happy with your prediction ? I see support for RY at 82 CAD. It went as high as 88 in May 2020
Dr_Tarik_Awad_DDS
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@behlkush, Yes I did close any position yet for short, the second red wave is here