Why Technical Analysis Is The Best

[Wealthbuilder LLC] I started my career with giant financial institutions using only fundamental analysis. And I got damn good at it. But my trading profits jumped dramatically when I added technical analysis to my toolbox. Why did I add technicals? And why do I think that traders, particularly beginning traders, should focus on technicals more than fundamentals. There are several reasons: - You have a clear place to put a stop loss order - You should always be in tune with the big trend - You can more easily reduce risk in your portfolio through diversification Let’s take a look at this huge advantages one at a time. The biggest problem most traders have is that they have big losers and that destroys them financially and psychologically. And so they stop trading. They may actually have a good system for trading but they take too much risk. The first thing that technical analysis does is create a clear place to put a stop loss. For example, there may be a strong support from a week ago. Put your stop under that. Why? Because people came in and bought at that point and the price moved higher. If prices go back to that level they may want to buy more so you don’t get stopped out. I can’t tell you how important this is. Right now, I am in the United Arab Emirates as I write this. The US market opens at 6:30 pm and I go to bed at 9:00 pm. So I can’t stay up all night watching the market. But I am very calm about the market and my positions. Why? Because I have stop losses protecting my positions. I can sleep like a baby. I get up the next day and see what happened. If I am stopped out, no problem. That was part of my trading plan. If I am not stopped out, I live to fight another day. Also part of my plan. But the important thing is that I protected my capital. And nothing is more important than that! Capital preservation is more important than capital appreciation. The problem with fundamental analysis is that there is no logical place to put a stop loss. Technical analysis excels at that. So technical analysis is less risky than fundamental analysis! The people at OptionsUniversity.com put together a fantastic course on technical analysis. It is great. Here is a brief overview of it; - Discover the Top 20 Technical Analysis indicators professional traders use the most, and how they use them for the highest profit potentials! - The particular indicators to use based on the underlying market's action - How to tell when a signal is "true" or "false" - Minimize your learning curve by mastering ONLY the signals you need to know, that have proven to be the most reliable and leading to the highest profits Would you like to know the top 30 technical indicators professional traders use to help narrow down their trading choices? In our Technical Analysis Classes, we'll identify the indicators, and show you how to use each one (and in what situation it works best) -- complete with graphs, charts, and real option data delivered to you live in our private web-conferencing room online. Your teachers will be two former professional floor traders, who have traded hundreds of thousands (sometimes millions) of dollars in the markets. They'll give you a rare insight into what tools, indicators, and techniques they used to bank big profits. [Click here to learn more!]( We have put it on sale for the next few days only so take advantage of the cheap price. It will never be sold at a cheaper price! Good technical trading, Courtney Smith Need help? Please contact Support@WealthBuilderllc.com Super Cool Things To Check Out Now! - Wall Street Winners. This weekly video newsletter was rated the #1 performing stock newsletter. [Click here to learn more now!](=) - The ultimate investment and trading membership program in the world! The Wealthbuilder Insider has more education than any other site in the world plus live interactive group coaching! [Click here to learn more now!](=) - Want to see all of Courtney's real trades in the real world before he makes the trade? Look over the shoulder of a pro trader. Where else can you do that[? Click here to learn more and apply to join.](=) [Unsubscribe]( Wealthbuilder LLC 6671 Las Vegas Blvd South 210 Las Vegas, Nevada 89119 United States (702) 722-4584