A Technical Analysis or Fundamental Analysis: Which Should a Newbie Learn First?
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Fundamental analysis focuses on financial statements and economic indicators to assess an asset's intrinsic value, making it more suitable for long-term investment decisions. Alternatively, technical analysis examines share price movements and trends to identify investment opportunities.
Fundamental analysis is most useful for long term investments, while technical analysis is more useful for short term trading and market timing. Both can also be combined to plan and execute investments over the medium and long term.
Now this is the point, as a newbie i would suggest you learn Technical Analysis first. Know this four elements: Trends, Patterns, Indicators, and Entry Signals. Trends are arguably the foundation of Technical Analysis. You can subscribe to Tradingview for insights about this and watch relevant YouTube videos 📷 as well.
Reading good books such as Technical Analysis of the Financial Markets, Technical Analysis Explained, Market Wizards, and Technical Analysis from A to Z etc. Reading articles and blogs on the Internet. Make it a point to follow experienced influencers for tips on the shortest route to the peak of the ladder.
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