Just had a Eureka moment! · Day Trading for Beginners

Just had a Eureka moment!

I was first introduced to trading last year by my friend who was a trader at the time, he's taught me a lot since he's been into it quite a few years himself.

I haven't actually taken trading seriously until September this year as I was discouraged and intimidated by how much I didn't know and thought to focus on my music instead, quickly realising that I don't have enough time in the day to do it properly and I needed some way to free up a lot of time, at this point I rekindled my passion for trading and here I am today!

Just listening to the episode Technical analysis Vs Fundamental Analysis of the Tyler Stokes Day Trading for Beginners podcast I had a massive realisation.

"Price action discounts everything". As a person who always did a combination of both types of analysis, time and time again I was all up to date with the news, by the time I went onto the charts to start trading, the movement already happened, but in my mind I was still waiting for the "reaction" and no wonder it never aligned! Because it happened at the time the event I read on the news actually happened, not when the news article is published!

From now on I'm gonna rely on discretionary trading + technical analysis, I'll update how that goes.

Don't give up on your journey, you'll have your eureka moment too 🙏

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