Introduction
Hello everyone, hope you all are doing well. In this occasion, I decided to talk about my personal experience in taking a course for trading since I've always felt that I have many missing gaps in my trading skills which for sure led me to fall in many bad trades and not to mention the losses.
Photo by Maxim Hopman on Unsplash
Why Did I Decide to Take The Course
As I mentioned in the introduction, I always felt that I need to learn more and that my current knowledge and skills weren't enough to trade successfully. Adding to that reason, I've decided few weeks ago (maybe 6-8) to join signaling channels for trading thinking that it might help me by just following the traders there and make profit but I wasn't right. The biggest mistake you might ever make is following someone's trades and signals without understanding the reasons and risks for him to take that trade, that will probably leave you in an uncomfortable zone through all the time you are in trade and then you will feel relief after closing that trade. That led for quite some losses to me too, so I knew it's all about myself, I need to learn and invest in myself since I always believed that if other people could learn it then I can too.
What Did I Exactly Learn
In the course I took it covered:
- The basic things that you need to keep an eye on, some notes that might be tricky too.
- Also main part of the course was using various indicators and drawings that may help in taking trades such as Bollinger Bands, Fibonacci levels and retracement... etc.
- Also it covered the main candle sticks that might be a great indicator at some point of uptrends and downtrends.
- And lastly, it had some patterns like triangle, rectangle, head and shoulders....etc.
- Live examples for trading, while using different methods of those mentioned up there.
Those were the main things that course covered, with examples following each part that's been studied there.
My Review
After I've finished the course, I could say that I had many gaps in my trading skill that made me fall in many and many more mistakes every time. Now that I can read charts better than before I still feel that I need to learn more, dive deeply into somethings so I can figure out which are the best times to trade since I feel like sometimes I'm left without understanding the chart very well, yet I can say, I can take more successful trades now since I tried few small and big trades.
I'm focusing now on learning from experience using some websites that simulate the trading process with unreal money and see how my overall skill is improving, also I will keep on searching for courses with acceptable price and about things that I'm searching for too.
In The End
Do I recommend taking courses? For sure yes, especially if you feel that you are stuck at some point where you don't know what to learn and need something to put you back on the track.
Thanks for reading!