subject: Technical Analysis Course [print this page] There has been a growing trend in demand for learning about technical analysis in relation to the stock market. There are a lot of courses available for that subject and I would like to give you a list of things to look out for on a technical analysis course.
There are two things we are going to look at today when selecting a technical analysis course. The first is content and the second is delivery. There is a well know saying, "a little bit of knowledge is dangerous" and this is true with this subject. It is therefore important that you know what you need to learn.
If you are a beginner then you need to start at the very beginning. I would class the following as essential reading for the beginner. You need to know the theory behind why technical analysis works. You also need to understand how charts are constructed and the different types of charts there are.
Once the basics are mastered then your technical analysis course should move onto explain different types of patterns you see on the charts. These can be reversal or continuation. You will be surprised to see how often these can be seen.
A profitable method that people use is trending. You will see how using moving averages will help you spot a trend and then you will be able to use that to your advantage. This is a very popular technique.
A good technical analysis course will cover indicators such as volume and oscillators. I don't find them very useful on their own but combined with other elements of the chart they can be quite powerful.
In terms of the delivery of a technical analysis course, you do have so many options. The method that you decide is only one that you can make and will be dictated by your learning style and budget. There is nothing like learning from a trader in person but if you can't afford it then perhaps you should start with books or a DVD.
