(Tori Trades) This is how I became profitable (Video)

Technical analysis is important to both investing long term and trading because:

• It helps grow & protect your money.

• It builds wealth slower.

• It provides entertainment.

• It is a regulatory requirement.

What does the phrase mean, 'To trade right, look left?'

• It means to focus on future trends.

• It suggests analyzing past data.

• It advises ignoring historical data.

• It implies looking at current market conditions.

Match the following aspects with their importance when starting out in trading.

• Allocating funds wisely

• Technical analysis

• Gathering information about market trends

• Psychology and getting your mind right for trading

• Understanding your emotions and mindset

• Market research

• Analyzing charts and patterns

• Financial investment

What does the analogy 'Frying Chicken' mean as referenced in the video for trading?

• It means to expect profits at any time.

• It means to be ready for the unexpected.

• It means to cook your trades thoroughly.

• It means to avoid trading during volatile times.

The markets are designed to do what?

• Take your money.

• Help you save.

• Provide financial advice.

• Ensure economic stability.

The hardest thing about trading is:

• Discipline & Consistency

• Patience & Focus

• Focus & Decision Making

• Reading Charts & Data