In this eye-opening and surprisingly candid course, we'll explore the uncomfortable truths behind trading and debunk some common misconceptions.
First, we'll delve into the concept of zero-sum games and why not everyone can win. We'll estimate the percentage of traders who lose and explore how broker fees play a significant role in creating losing traders. We'll also speculate why trading competition today is fiercer than ever before.
Moving on from this, we'll examine why technical analysis often fails in today's market, and how institutional traders use a different approach. We'll look into the forms of technical analysis used by institutions and explore why they are more effective than the charting methodologies pitched by retail trading instructors.
You'll learn that trading is not about making accurate predictions about the future direction of the market, but rather it is about understanding the odds and probabilities of different outcomes, catalysts and market narratives.
We'll also take a look at the world of cryptocurrencies and assess their true value. You'll discover why crypto is so risky and whether it has any real value at all.
By the end of this course, you'll gain a deep understanding of the market's dynamics and its true nature. You'll learn the essential truths about trading and gain a new perspective that is essential for navigating today's increasingly complex markets.
