TRADING COURSE
Lesson 2
The 3 ESSENTIAL Pillars of Trading
Hello again! In the previous class, we saw what trading is and what it is NOT. Today we will cover the essentials: the 3 pillars on which any successful trader stands. Imagine they are the legs of a table: if one is missing, everything collapses.
1️⃣ ANALYSIS: Your navigation map
- It is studying the market to make informed decisions.
- It is not magic, it is interpreting data.
(Coming soon, we will see how to do it step by step)
2️⃣ PSYCHOLOGY: Your mind as an ally (or enemy)
- Control fear, greed, and impatience.
- Emotion is the biggest obstacle for a beginner.
- Without a strong mindset, the best analysis falls apart.
3️⃣ RISK MANAGEMENT: Your life jacket
- Decide in advance how much you are willing to risk on each trade.
- Use tools like Stop Loss (we will see it soon!).
- Protect your capital to be able to keep trading tomorrow.
✅ Daily tip: Work on these 3 pillars equally. A good analysis is useless if fear makes you close the trade too early.
👇 Which of these 3 pillars do you think you would have the most difficulty with?
With analysis, controlling your emotions, or managing risk?
⏭️ Next class: Technical Analysis VS Fundamental Analysis – What are the differences?
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