Technical Analysis

Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. It is based on the idea that market trends, as shown by charts and other technical indicators, can predict future activity. Technical analysts use charts and other tools to identify patterns that can suggest buy or sell opportunities.

There are many different techniques and tools that can be used in technical analysis, including chart patterns, trend lines, moving averages, and oscillators. To learn technical analysis, you can start by reading books or articles on the subject, taking online courses, or joining a trading or investment club where you can discuss and practice using these techniques with other people. It's also a good idea to practice using these techniques by paper trading, or simulated trading, to get a feel for how they work before you risk any real money.

Where to learn technical analysis

There are several ways you can learn technical analysis:


  • Books and articles: There are many books and articles available on technical analysis that can provide a good introduction to the subject. These can be a good way to learn the basics and get an overview of the different techniques and tools that are used.
  • Online courses: There are also many online courses available that can teach you technical analysis. These courses can be a more structured way to learn, and often include video lessons, quizzes, and other interactive elements to help you understand the material.
  • Trading or investment clubs: Joining a trading or investment club can be a great way to learn technical analysis and other aspects of trading and investing. These clubs often have experienced members who can provide guidance and answer questions, and many also include educational materials and training sessions.
  • Practice: Once you have a basic understanding of technical analysis, it's important to practice using the techniques and tools you have learned. You can do this by paper trading, or simulated trading, to get a feel for how they work before you risk any real money.
  • Seek out additional resources: There are many resources available online, such as trading forums and social media groups, where you can ask questions and get advice from more experienced traders and investors. You can also consider working with a mentor or joining a trading community to get more personalized guidance and support.