SWING TRADING COURSE
You've learned some setups, you've downloaded the indicators, and maybe you've even taken a few courses. You show up every day looking for breakouts, double-bottoms, head n shoulders, and 100 other setups you've learned from the books. To give yourself even more "edge", you have endless indicators and moving-averages flashing like a video game.
While all these patterns & indicators may serve a purpose, as a new trader here's my question to you: do you even know HOW & WHY stocks move?
You look for breakout setups every day, but do you know WHY a stock breaks out? Do you know what is happening to cause the breakout? Better yet, do you understand why there's a level of resistance to be broken in the first place?
You take a "support bounce" trade and it works perfectly, but do you know WHY it worked, WHAT happened to cause the bounce? The next day you take the same trade and doesn't work. Do you know what was missing compared to the previous trade?
In our rush for quick-riches (not gonna happen) we tend to find ourselves diving head-first into the "sexy" stuff, while never taking time to truly grasp the basics. In this game, that's the biggest mistake you could make.
If you don't understand what the market really is, how & why stocks move, and who controls the whole game, then you're screwed. The setups you've learned, the chart-patterns you look for, the strategies you follow and the indicators you've downloaded are ultimately going to be useless if you don't get a deep understanding of what this beast we call the market really is..