It’s time we cut through the BS and noise and shed some light on the TRUE and REAL world of financial trading. I can’t believe the misconceptions and false ideas of trading are still making appearances. It’s time to educate yourself before you eradicate your account. So let’s debunk some common and dangerous trading myths. Myth 1: It’s a Get-Rich-Quick Scheme...
⚛️The world of trading is full of myths and misconceptions. We often hear stories of overnight successes and devastating losses. It can be difficult to separate truth from fiction when it comes to trading. In this article, we will debunk some of the most common trading myths and provide the facts to help you make better investment decisions. ❌Myth: Trading is...
There are many people and many opinions in the market. There are those who criticize technical analysis, calling it superficial and even useless. There are those who consider technical analysis (TA) the holy grail that can bring huge profits. Today we will try to debunk 8 myths about technical analysis. myths 1. TA is for short-term trading or day trading...
Hello traders! There is a lot of information about trading on the Internet and it is sometimes difficult to understand what is true and what is fiction. Today we will try to sort out the most popular myths and understand what is really true and what is not. Work without rest You have to work hard, but don't overdo it. If you watch charts 24/7 or study hundreds...
Mark Twain once said: “There are lies, damn lies and statistics”. People lie, numbers usually don’t, unless manipulated by liars. If you ask somebody trying to sell you a course or some other products related to the market, they’ll promise you 3x of your money in a week and convince you can start in couple days. Sounds too good to be true? Because it is. One way...
Division of analysis into two subcategories (fundamental and technical) seems to be a concept that has not profound base under it. If you find standard definitions of these and compare them, you'll find that major difference is the subset of data which analysis rely on. For technical analysis - subset contains historic prices and volume data, for fundamental -...