Ahlan wa sahlan ya Al Saidan,
Ana kallamtu shweya Arabi. ana iji min Kuwait wahad or thnain times per year. I have stayed in UAE for a long while and travel around the ME regularly on work. New to TA but realise there are a lot of good teachers here, and willing to help and assit. Happy Teachers day to all the Gurus here & the moderators too.
Except from what I learnt long back in college, I have no real expertise but then anova/ covariance, mean, median and stuff like that was what I studied in college. Hope to finally use the same to if not make money not loose money by not understanding stock market movements and TA helps there. AS someone wrote to me, watch the trend. But it is quite a lot to handle at the start. Welcome once again. We seem to be spread quite a bit here on this forum.
Jay
Yes, Ahlan wa sahlan Jay
and thank you for your warm welcome to me. As per your statement you visit Kuwait 1-2 times a year, I can see that you have learnt about 10 Arabic wards, dont worry I can assure you that you will learn another 1000 arabic wards "after 100 years!".
Remark: As you said it is important to learn how to NOT loose money before thinking of gaining money in the wild markets. To be a smart trader always remember that "you are not the only one that wants to take money from others, always think that the other traders have good plans to take your money! and many of them can be smarter than you!", but dont worry much because you will find fool traders!
My sincere advice to you: Dont play a doctor before your graduation from a medical school and completion of training!
Therefore, studdy TA, practice on many charts, perform false trading and see how many times you win, if your percentage of success 60% or more then you will be OK, with experience hopefully you learn from your mistakes and gain more experience. It is easier to win during confirmed uptrending market but good chartists can also win during market correction. Remember! dont hurry the market will not end, we will leave this life and the market will stay on!
Before the last advice, before you involve yourself in the market put in your mind that you are not entering a PARK full of flowers and you will return from it having a big smile (like this
) but expect days to have things like these
Last advise: Dont borrow money or sell important things for trading, if you dont have extra money forget about trading in stock exchange markets. The more you learn about TA the more knowledge you need to know, it is an endless Science&Art, so, if you dont have plenty of time again forget about trading (your family also need time from you)!
Regards