Why You Should Learn Trading Concepts

If you could ask a successful trader one question, what

would it be?

CONCEPTS!

It’s not just newbies asking those questions

It is not and never will be

THE INDICATOR

that will define your success

Neither is it the settings that are used

nor the number of trading indicators

?

Stochastic?MACD?

How the indicator is used?

YES!

“How do you use them?"

You've probably seen a ton of trading

courses

Put the 20 and 50 EMAon your chart!

Questions that you ask can point you in the

direction of your goals or further from them.

“How do we really know that the pros use them?"

“Why not the 25 & 55?"

What we do know is there is probably nothing magical about the exact

moving average input.

Irrelevant thoughts Irrelevant questions

"What type of concept are we

looking at?”

Ask questions that can produce actionable

answers.

What indicators are you using?

What happens in the market that has you making use of these

averages?

Proxy For Trend

Trading Basics TipYou must see a reason for another trend leg if

trading pullback.

I need to see the band stretched (price far from the moving

average)

Causation?

The concept of mean reversion is a viable one to build a trade

plan on.

Focus is everything

Focusing on following your trading plan

Focusing on following proper capital management

Focus on understanding that the indicator will not make

you successful

I then set out to find how to make the

concepts come alive

Basic Trading Concepts

That was my focus

Questions should focus on

ActionableInformation

They have focused on important questions that will empower their

trading

WWW.NETPICKS.COM