Hey hey, what's up my friend!

So...

When I started trading, I thought I was the chosen one.

I had all the tools.

I had all the charts.

I even had a cool new trading setup with three monitors (because obviously, more screens = more profits, right?).

But guess what I didn’t have?

A clue.

Here’s the thing:

When you’re new, there are things you know that you don’t know—like how to read a chart or why every trader on YouTube seems to have a Lamborghini.

But the real kicker?

There are things you don’t know that you don’t know.

Those are the ones that make you say, “Wait, what? I can lose money trading?!”

So, how should you go about it?

Learn as much as you can about trading, anything you can get your hands on.

Things like RSI, MACD, stochastic, moving average, etc.

Now, not every trading tool you learn will be useful to you.

But the key is to understand:

• What is it
• How it works
• Purpose of it

For example…

The moving average is a trend-following indicator (what is it).

It works by calculating the average price over a given period and is plotted as a line on the chart (how it works).

You can use the moving average to trail your stop loss, identify the area of value, or impress your friends at a party (purpose of it).

Once you know the different tools out there, then pick the right ones to fit your needs.

Cheers,

Rayner "not-the-chosen-one" Teo

P.S. If you're losing money with technical analysis and have no idea why, then this is for you.