| So you've determined that you are going take full | | | | Is the technical analysis training applicable to any |
| control of your financial future. And you've studied | | | | tradable security? |
| the stock and commodities market and have some | | | | If you are spending the time to learn technical |
| well founded opinions. You're up to speed on the | | | | analysis chart patterns, then you want them to be |
| latest economic indicators and the health of the dollar. | | | | applicable to stocks, to Forex trading, to futures and |
| You know what you'd like to do, and in which | | | | to commodities. It would not be the best use of |
| markets. | | | | your time to learn technical analysis online if it applied |
| But you also know that the rich wise old men on Wall | | | | only to the dow jones. |
| Street say "Decide what to trade based on | | | | Are the techniques simple and straight forward or |
| fundamentals but make your entrance and exit | | | | overly complex? |
| decisions based on technical analysis." | | | | Some courses require heavy mathematical |
| You know that you need technical analysis training. | | | | background, such as college-level calculus. But the |
| But to learn technical analysis, you will need a good | | | | best courses can be understood by any intelligent |
| course. How should you go about finding a good one? | | | | layman with a high school education. As it turns out |
| Here are some "street-smart" guidelines for picking a | | | | some of the greatest traders have learned their |
| good technical analysis course. | | | | stock or Forex technical analysis using nothing more |
| Answer these questions and you'll be well on your | | | | than common arithmetic and some simple hand drawn |
| way. | | | | charts. It could have been done by anyone with a |
| What are the author's credentials? | | | | sixth grade education. Be wary of claims of technical |
| Look for someone who has been in the field for | | | | analysis training that has many advanced educational |
| many years, and is not likely to be swept away by | | | | prerequisites. |
| the latest fad. Wall Street has lots of fads but | | | | How much does the course cost? |
| surprisingly few enduring ideas. | | | | Cost is a factor for everyone but be careful about |
| Is the author a trader or an academic? | | | | courses which are free or for very low cost. This is |
| If the material you want to learn is basic, well | | | | not to say they are without value, for a free course |
| established, and does not move much past what is | | | | may contain a lot of useful basic information, |
| available in the public domain, then an academic | | | | particularly if that information is in the public domain |
| business writer may be quite adequate. All the major | | | | and can be also accessed from a standard book. But |
| business publishers will have a basic textbook on | | | | in trading and the financial markets especially, you |
| technical analysis. | | | | tend to get what you pay for and really useful |
| But if you are seeking more powerful techniques and | | | | information generated by successful traders most |
| want to read about them in detail, look for an author | | | | likely will not come for free. You should carefully |
| who is a bone fide successful trader, as it is likely | | | | investigate it and if possible talk to someone who |
| that he or she will focus on the most useful and | | | | has taken the course in the past to determine of |
| productive strategies, and not get caught up in | | | | there is true value to the technical analyses course, |
| describing every possible variant of the moving | | | | indicators or software you are considering. |
| average. You want to know what works, not what | | | | Keep your eyes open and do your homework, and |
| is possible. | | | | you'll find the right technical analysis training for you! |