From where to study Price Action and How much time it takes to become Profitable?

Could you please share your experience and the road you follow to become a full time trader and from where you study all these things. Please Explain in details.

1 Like

Adam Grimes is great. Can look at free trading course to begin with. Blog is great and so is 1st book.
Probably more than 2-3 years at the least. It took me a lot more ( started with things that did not work for me
) . Just reading everything wont give you skills immediately and you have to do your own work and figure things out.

Also -

  1. Trade small. There is no need to hurry. You will lose consistently during learning phase, no need to pay market more.
  2. You need capital to trade and income is not certain. Capital must be allowed to grow to good size to have buffer. Its more akin to how investing makes money - but with shorter cycles and better returns, lower risk. And only when you have edge.
  3. Its not easy being full time trader, part time may be easier. Best to have other sources of income or good capital so that you can last through ups and downs.
  4. Trading is tough on mind esp at start. Market is not money printing machine, they are competitive and you always have some uncertainty. Losing money (and making money 
) is part of trading.
2 Likes

Thank You

You can watch videos and read books like, “Trading Price Action Trends” by AI Brooks. There are specific courses related to price action that you can consider.

1 Like

You have to know the technical analysis and chart pattern then you predict the price action more accurately.

1 Like

Thank You

Thank You Brother

Do research and learn about technical analysis. Read books on them. They will help give you a better understanding about price action and how to spot the right trend for you personally. ‘Price Action Breakdown’ by Laurentiu Damir and ‘Trading Price action trends’ by AI Brooks. Best of luck!

1 Like

Thank You Brother . It means a LotđŸ„°

Take help of youtube videos and books such as “Trading Price Action Trends” by AI Brooks and ‘Price Action Breakdown’ by Laurentiu Damir. Do self research on the fundamental & technical analysis to know it better. You must also learn about chart patterns, they’re really important.

1 Like

You can prefer reading the book ‘Price Action Breakdown’ and also check out videos on youtube.

1 Like