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Hello, I wish to get into trading(maybe day trading). But my question is what should I focus on learning, stocks(btw I know about the $25000 limit but I don't know if I am going trade that many times a week) or Forex, atm I plan to start with 500-1000$. My background would be that I have taken an economics class in which one part was stocking as we had to play a stock market game for around 3 months. Also if you are wondering I don't plan to start real trading for at least a few months(I Plan to practice with demo accounts first and find a profitable strategy first). Thanks for the help!
Without saying something about when fibs will likely resonate/hold, that statement has no more significance than saying something like “moving averages are helpful in confirming trend-trading entry points. ... where the pullback could reverse and head back in the trending direction.”
(hint: swing ‘slope’ is good place to start... slopes of last 3 swings to hone)