2.1 – Expectations
Often market participants approach technical analysis as a quick and easy way to make a windfall gain in the markets. On the contrary, technical analysis is anything but quick and easy. Yes, if done right, with the right measure of discipline and risk management, one can generate consistent returns, but to get to that stage, one must put in the required effort to learn the technique.
Let us understand how to set the right expectations based on TA from this video.
In the following video, we will learn the different types of charts you can use when performing Technical Analysis.
We recommend reading this chapter on Varsity to learn more and understand the concepts in-depth.
Key takeaways from this chapter
- Technical Analysis is a popular method to develop a point of view on markets. Besides, TA also helps in identifying entry and exit points.
- Technical Analysis visualizes the actions of market participants in the form of stock charts.
- Patterns are formed within the charts, and these patterns help a trader identify trading opportunities.
- TA works best when we keep a few core assumptions in perspective.
- TA is used best to identify short term trades.
this is one of the sexiest video I have ever watched
Glad you liked it 🙂
Zerodha will eliminate all the fake market gurus from YT.
Not sure about that, but we do hope to educate many people.
I really appreciate your commendable effort for coming with this video series for which I was looking for. As I was studying the varsity but due to time factor was unable to complete as per the target.
Also, many of the fake YT with simply making people bluff with the name of free webinar and earning lots of bugs will be eliminate
Great salute to Kartik sir and zerodha team along with Prateek sir
Thanks for the kind words, Diwakar!
First up all thanks to zerodha for such vdo arrangements. The vdo are very easy to understand to a newer trader. I like it very much . The style of Pratik sir to teach is very informative, creative examples are very good easily understood. The short short vdos are easy to play ( no issue of net or range) . Not boring as if it is in one slot
Thanks for the kind words, glad you liked the content happy learning!
I know candle sticks , but how do i become expert in these
By learning and implementing what you’ve learned in the market.