Trading is a risky yet lucrative business and like any other business, to excel in this field, one requires specific skillset. The probability of getting profit increases when one applies right strategies at the right point of time while making decisions. You are investing or trading with your hard-earned money, so making wise decisions becomes more important. At ICFM, Delhi you will get to learn different types of trading analysis and techniques as the centre is considered to be a perfect spot as online trading technique workshop. As a beginner, you might face various challenges and at time will question the credibility of the business, but by attending ICFMs technical analysis workshop, the task will become more effortless and easier. The trainers here have years of experience in the field hence they are capable enough to deliver the same kind of expertise to the students. There is no specific qualification required to enrol for the classes but mere interest in the domain is well enough. Before commencing the journey, one should be familiar with different aspects of the trading which includes important aspects like technical and fundamental analysis.
Analysing the candlestick patterns in the chart which usually indicates a market reversal. This strategy works wonders with futures market and you can only expect a limited profit while studying these chart patterns
Indicator based strategy or The Holy Grail strategy that makes use of ADX or Average Directional Index indicator and 20-period moving average to indicate market movement
Price action-based trading strategy which works well on the daily chart as well as on a lower time frame
Pro traders have many more trading techniques and these are developed depending on one's strengths and weaknesses. ICFM trainers have combined faculty experience of more than 50 years and they offers valuable guidelines and resources to train potential traders on various strategies to trade stocks, forex, cryptocurrencies and all other assets.
Technical Analysis and Fundamental Analysis are two vital terminologies that are often stated with reference to trading business and both have different in all aspects. ICFM conducts short term courses on Technical Analysis workshop as well. It is basically a trading discipline used by traders to analyse trading patterns by studying trends collected from different trading activities including price movement and volume. Technical Analysts believe that past trends are indicators of future price movements of an asset and hence functions in contrast to fundamental analysts. The below indicators are analysed by technical analysts:
* Price fluctuations
* Varying chart patterns
* Volume and momentum
* Moving averages
* Level of support and resistance
You can get a detailed knowledge of these studies and strategies at ICFM which makes ICFM an ideal place for potential future traders and investors in the market.