Hey everyone, I have been here for years and been interacting with you all. So felt like sharing this here in case anyone is needs or wants it. I have been learning about trading(technical analysis) for many months. After studying for months, practicing, etc it is seems to be worth it based on my demo account history for a beginner like me as long as I follow my rules and have a good risk management + psychology.
So in case anyone needs a skill to make extra bucks or do it as part time something for their financial conditions, they can go for it. It’s convenient too to make extra income for yourself from home through a laptop with a wifi. But just remember to actually take it seriously as the success rate is like less than 5%. But the good thing is most are women here who should have somewhat better management and control of their emotions, following the rules and risk management which are MUST in trading and basically the most important parts of trading. According to the statistics from some firms and brokers the women traders success rate is about 40%-50% while men’s success rate is about 3%-4%. So since the field is male dominated with 96%-97% failing rate, the average success rate comes down to less than 5% by taking men+women rate together. So just sharing this to take it seriously if one wants to get into it.
For content: I recommend ICT core content on YouTube. If not the full core content at once, then minimum the 1st-5th months, 7th month and 12th month of core contents to know the basics to start with. Also watch “Essential to ICT Market Structure”video which isn’t part of core content but needed to understand the market structure. All of them are on YouTube. Watch all these, take notes, and start practicing the concepts and everything he’s teaching on Trading-view free account to start the overall process.
P.S not a financial advice
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