If you are performing well in the stock market then you are part of a small number. If you are one of the larger number who aren’t doing so well or you would like to improve you results, then I think you should look at technical analysis and perhaps do a technical analysis course.
These days there are lots of technical analysis courses available to you and you need to decide which is the right one for you. There are a few things that you need to consider. The first is what the course covers, the second is what the course costs and the final thing is how it will be delivered.
Do you have the time commitment to do the course? If yes, then do to have to commitment to follow it through afterwards. There is no point in doing a technical analysis course and then not implement the techniques. You will be surprised with how many people do that.
A lot of people think that doing any course is a good idea. This is not so and you need to think about what you are going to get out of it and more importantly, how much you will get out relative to the cost.
You need to be realistic here. Lets say that you become an absolutely amazing trader after your course and can earn between 15% and 20% per year. The cost of a technical analysis course could be the size of a couple of years’ earnings. This doesn’t mean that you shouldn’t do it; it just means that you have to be prepared for that.
A classroom based technical analysis course will be expensive. There is no getting away from that. A cheaper way of doing it would be to find a book or even a DVD about it. That should give you the basics.
You have a lot of options available to you. Please be willing to put the work in whichever one you go for. You need to take action otherwise nothing will happen with what you learn.
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