Stock Market For Beginners: Stock and Options A Simple Guide to candlesticks, Support & Resistance, Indicators & Scanners
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About this ebook
Many traders have the same questions. Why am I always losing my trades? Why as soon as I enter a trade I lose money? Is the market against me? Like many other traders before we have all gone through this process. The goal of this book is to help you understand the basic knowledge and tools that will help you become a better trader. For any sport or skill, you need to know the basics, the fundamentals and that is where this book comes in. A quick guide to the most important aspects of trading to help you become a better trader. Learn what indicators that financial institutions use to make their money and learn basic setups that will help you understand price movement in the market.
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Stock Market For Beginners - Yonel R. Mendez Figueroa
The Importance Of This Book
The goal of this book is to guide you in your new journey that is the stock market. I want to teach you what I had to learn for myself, and not knowing this made me lose thousands of dollars. You will find the building blocks to help you become a better trader. All my knowledge about the Stock Market I taught myself over 5 years. This knowledge has helped me get returns of 20 to 100% on my trades. There are many courses out there, but they are very expensive. I want to provide an inexpensive way for you to learn about the Stock Market and have an advantage I did not have. Hope you enjoy and learn all you need to make a difference in your life.
Word of Caution
This book is for educational purposes only. This is not financial advice nor am I a financial adviser. The goal is to share with you the knowledge that I learned over time. In no way, shape or form is this book to be considered financial, tax or legal advice, or that reading this book will make you a profitable trader. Trading is risky. Over 90% of traders will lose money. It is important to have a well-planned strategy and have a proper risk/ reward ratio. My hope is that this book provides the knowledge you are looking for and guide you to continue your search.
What is Trading
Before we get into all the skillsets needed and the tools you will be using, it is good to start with the basics. What is trading? Trading is the concept of interchanging goods, products, or resources with compensation paid from one party to another. Our job is to buy certain financial documents in the market and sell them in a certain amount of time, expecting an appreciation in price. This appreciation is our profit. There are multiple financial documents to buy in the market, but we will only focus on Stocks and Options.
What are Stocks?
Stocks are securities sold by companies to generate funds. This security gives