DislikedI'm wondering what you would recommend as a foundation to build upon.Ignored
If you have not studied Statistics, then I would recommend that first. It is the math of probability. You don't need to know the math functions because you probably won't be using them. Instead study the concepts of probability and begin to understand it at a knowledge level. So, read it and don't worry about the equations. Also, study Bollinger bands to understand what they do, but do not study any trading methods using them. Just learn their function. If you can understand about how price and time form the graph, and the probability of where the next data point will occur, then you are halfway there.
The other half is using some type of indicator to predict tops and bottoms. Some people try to use lines. If you use lines, you are referring to dead trades and hoping their tops and bottoms form the current market movement. I prefer oscillating indicators. If you are using oscillating indicators, then first, you need to find the mean of the market, or the moving average that the market seems to rotate around. Once you find that, then you want to reduce it to find the reversal points where price changes direction from its previous high/low to its next high/low. This requires a lot research and analysis, which is why most people are too lazy to do it and instead try to trade lines. In my opinion, since most people trade dead lines, and most people lose, then I hypothesize it is a bad method. One method takes time and effort, but pays off in the end, while the other method is quick and easy, but quite stressful if you find yourself guessing too much.
Anyway, start by understanding the math of probability and how it can applied to predict price through time on a graph.
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