Trading is a risky yet lucrative business and like any other business, to excel in this field, one requires specific skillset. The probability of getting profit increases when one applies right strategies at the right point of time while making decisions. You are investing or trading with your hard-earned money, so making wise decisions becomes more important. At ICFM, Delhi you will get to learn different types of trading analysis and techniques as the centre is considered to be a perfect spot as online trading technique workshop. As a beginner, you might face various challenges and at time will question the credibility of the business, but by attending ICFMs technical analysis workshop, the task will become more effortless and easier. The trainers here have years of experience in the field hence they are capable enough to deliver the same kind of expertise to the students. There is no specific qualification required to enrol for the classes but mere interest in the domain is well enough. Before commencing the journey, one should be familiar with different aspects of the trading which includes important aspects like technical and fundamental analysis.
Strategies for beginners to begin trading
Indicator based strategy or The Holy Grail strategy that
makes use of ADX or Average Directional Index indicator and 20-period moving
average to indicate market movement
Price action-based trading strategy which works well on the
daily chart as well as on a lower time frame
Pro traders have many more trading techniques analysis and these are
developed depending on one's strengths and weaknesses. ICFM trainers have
combined faculty experience of more than 50 years and they offers valuable
guidelines and resources to train potential traders on various strategies to
trade stocks, forex, cryptocurrencies and all other assets.
Technical Analysis Workshop at ICFM
Technical Analysis and Fundamental Analysis are two vital
terminologies that are often stated with reference to trading business and both
have different in all aspects. ICFM conducts short term courses on Technical
Analysis workshop as well. It is basically a trading discipline used by traders
to analyse trading patterns by studying trends collected from different trading
activities including price movement and volume. Technical Analysts believe that
past trends are indicators of future price movements of an asset and hence
functions in contrast to fundamental analysts. The below indicators are
analysed by technical analysts:
- Price fluctuations
- Varying chart patterns
- Volume and momentum
- Moving averages
- Level of support and resistance
- Oscillators
You can get a detailed knowledge of these studies and
strategies at ICFM which makes ICFM an ideal place for potential future traders
and investors in the market.