Adrian Reid says skip technical analysis jargon and start with systematic trading instead. Learn precise, rule-based entry and exit rules first, then ask questions about terms like moving averages or Bollinger bands when you need them. This cuts the learning curve and gets you to real returns faster.
If I could explain to you the precise rules about exactly when to get in and exactly when to get out, all it means is you have to look at those rules, ask questions, understand them, so you can then follow the process. And in fact, you don't. I've had many students who have never traded before, but the right person goes, oh, I see the appeal and the benefit of systemizing. I'll do that first and then implement. And then they skip that whole hard journey, and it shortens the learning curve by truly years. And I've seen it many times. You're just gonna have to ask questions. If you don't know what a moving average is, if you don't know what a Bollinger band is, if you don't know what a average true range is, that's fine. They're just. That's just the lingo of the industry. You just have to be brave enough to put your hand up and say, hey, what's that? What's that mean? You don't have to go back to first principles and learn all this other garbage first. That's just wasting time that we don't have. And it's costing your future self money because it's going to take you longer to get to the point where you can compound and grow your wealth.
Hope that helps. I don't want to be too blunt, but I think the world will be better off if less traders did the old way and just started systematic at the beginning.
Sam.
