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Chapter 10
Step Two
Learning Market Fundamentals |
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Learning is not compulsory . . . but, then neither is survival.
W. EDWARDS DEMING |
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Ok, by this time you have put together all of your resources: a good processor with plenty of RAM and a great video display, a terrific ISP with a rock-solid Internet connection; and a direct access broker who provides you with a software-based trading platform. On top of that, you are motivated. You have written goals. You are comfortable with your trading style. You accept that knowledge is the key to building confidence, increasing focus, and staying disciplined. You are ready to go! What power you have at your command! |
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But wait just a minute before you jump in with both feet. What in the world are you actually going to do with all of this stuff? Do you really know how to trade, or have you just put together an engine to help you lose money faster? |
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Let's think again about this business of learning. |
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The second of the Six Steps is all about learning the fundamentals that will help you to interact with the market in the most effective way possible. |
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