Continuous educational thread

Bookmark this thread: this is where I’ll be posting general (non-technical) investment and trading advice for all levels: beginners, intermediate, advanced.

My objective is to make you better at money decision-making, not just technical.

Absorb

Lesson 1:

Know when to enter and exit the market.

If you’re reading this then you have an idea of how to draw support & resistance areas.

Switch to the daily chart, highlight those areas.

Enter and exit accordingly.

This isn’t TA, this is you sticking to a plan.

Lesson 2:

Mastering your psychology.

Two things you need to keep under control: Fear and Greed.

Once you master them & remain objective, you will increase your profitability rate tremendously.

This deserved its own article, as promised:

https://medium.com/nebular/mastering-your-trading-psychology-9656a084f2ee

Yours

Lesson 3:

Have a trading plan.

Many people don't know what it is, and how to construct one.

It's time to shed some light on this:

https://medium.com/nebular/trading-plan-the-what-the-why-and-the-how-981c7282a4eb

Having no plan is still a plan. What's it going to be?

Process or gambling?