I want to become a better trader.
Gigabrain trader @CryptoCred has a great YouTube series on technical analysis, where he breaks everything down from 0.
I’m watching it from scratch & taking detailed notes. I just finished part 1: Intro to Technical Analysis & Candlesticks.
Here is a complete breakdown & introduction to Technical analysis (TA) & candlestick charts.
Let’s dive into it & learn together.
What is Technical Analysis (TA)
Technical analysis is just a tool to make calculated guesses on the future price based on the price history. It’s all about probability. It’s all about working to get the odds in our favor.
Risk defined entries & exits.
TA helps us identify defined exits & entries based on risk & price history. E.g. Imagine you want to hold a coin for a long time.
TA is a tool to help you estimate the best risk to reward position.
I dive deeper into risk & reward here:
