Part 9 of our ten-part technical analysis course looks at risk and trade management – an often–overlooked aspect of TA.
Technical analysis gives you a set of rules; fixed and objective parameters around which to trade, which in turn, creates the psychological discipline you need in your trading.
Many people go into trading blind, with no rules, plans, strategy and especially no risk & trade management concepts to deploy. That’s why so many lose at trading.
Check out the rest of our technical analysis course here:
Part 1: Rules you need to know and the big questions
Part 2: Essential Chart Knowledge – The Basics
Part 3: Direct Price Analysis (DPA) Tools
Part 4: Price Confirmation Tools Part – Trend & Momentum
Part 5: Volume, Volatility, and Sentiment
Part 6: Alternative Concepts – New Approaches to Technical Analysis
Part 8: Strategy Design and Implementation
Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.