A warm up

There are too many aspects to trading which you can master only through experience over time. You are about to undertake a journey into one of the most uncertain areas of making money.So it is important to go about learning it in an organised manner.

• You will need to have a charting software. I use metastock which i believe is the best available.I will try my best to show charts alongside wherever possible and necessary so that if you choose to postpone your purchase of a software you will have no problem understanding.
• Read every lesson thoroughly. Reading it over and over again will help you to understand it better. I do this even now.
• Remember that technical analysis is not a perfect science. One situation can have different interpretations. Also there is no holy grail.No strategy, however much perfected, can be a winner all the time. However learning technical analysis BETTERS your chances of winning. Like I quoted earlier, Technical analysis is a skill that improves with experience and study. Always be a student and keep learning.
• Remember to be unemotional. Too much greed and too much fear, both can lead to losses. Accept your mistakes and learn from them.
• Dont put your hard earned money into the market before you are doubly sure that you will be able to manage the pitfalls.Futures trading contains substantial risk and is not for every investor.You could end up losing more than the capital invested.So try your hand at buying stocks in small quantities till you are confident of taking on more risks. Only money that can be lost without jeopardizing ones financial security or life style should be invested or traded.
• Do a warm up daily. I will add to this post as and when I encounter a good "remember"
• Some other "remembers" I will try to incorporate during the lessons.