dainiushka

How analysis should look like?

Education
BITSTAMP:BTCUSD   Bitcoin
What is a good stock analysis and how it should look like you would like to follow the expert who created that analysis? How to find a good one? The more followers, ideas, likes or rating points an expert has on trading analysis platform? How about a number of ideas? If you do some work, you can start badly but with each day, your experience increases, and in proportion the quality is better and better. How about followers and likes? You can get likes from an inexperienced traders. How long you do the analysis (one month? one year? five years?) and how many you make it (one analysis during the day, the month or the year) ? The more analysis, the more likes and followers likely you will get. I think a better expert is one whose analysis strategy is more accurate and the more profitable deals you make. What is a sufficient number of analysis strategies to check? 10? 20? 100? I think sufficient number is 15. Choose an expert who you think is good. Take the last 15 analysis. How many profitable and losing trades? Sum it and what percentage of the profit you got?
How analysis should look?
Entry zone (the time interval when it should happen, price or break out point, if you cannot determinate a price)
Stop loss zone (-"-)
Target, take profit zone (-"-)
Risk/reward ratio
Analysis must be clear, colors should match with each other, good text and background color combination for readability. Define what your position is on the stock (long, short, neutral) and explain why? By technical analysis (the most significant is RSI indicator (oversold, overbought zones, divergence); bollinger bands; parallel channel; wedge; triangle; the price usually bounces off the bottom, upper lines; flag patterns; fibonacci level golden zone, the price usually bounces off the 0,618 or 0,5 levels; 10 20 50 100 ema support and resistance; How price is going HH HL or LH LL), news, earnings. If you trade stocks, you must always follow S&P 500, Dow 30, Nasdaq index, if you trade crypto, you must follow Bitcoin, if you trade oil companies, you must follow crude oil prices.







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