Here are some Educational Chart Patterns JUST A REMINDER CHART FOR BEGINNERS
I hope you will find this information educational & informative.
>Head and Shoulders Pattern
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is the highest.
In technical analysis, a head...
Hello traders, today we will talk about Types of market days
Some crucial aspects significantly influence technical analysis. The type of the market day is one of those crucial elements. Any trader who is actively trading in stocks, indices, cryptocurrencies, forex, derivatives, etc. may gain an advantage by properly analysing the type of market day.
Today,...
Candlestick patterns need to be one of your trading arsenal's most effective weapons. We can determine the direction of the market using several candlestick patterns. All timeframes exhibit these patterns, but the daily candlestick patterns seem to be the most reliable.
Once you recognize these patterns, you may be ready for your next move and use other tools...
Hello traders, today we will talk about EMOTIONAL STATES OF A TRADER
#1 Optimism – Everything starts with a positive outlook or a hunch that will lead traders into buying a stock.
#2 Excitement – Things start to move the way we want them to you feel giddy because of it. This is where we start hoping and anticipating that we are possibly making a success story...
Good day, traders.
I'd like to use this opportunity to advise both new and experienced traders alike that holding (hodling) your position is not recommended beyond a certain point. According to percentage calculations, the return required to recover to break-even increases at a considerably faster pace when losses grow in size (due to compound interest). It goes...
Hello traders, today we will talk about WHY TRADERS LOSE MONEY
BIAS
WHAT IT MEANS…
HOW IT INFLUENCES TRADERS
Availability People estimate the likelihood of an event based on how easily it can be recalled. Traders put too much emphasis on their most recent trades and let recent results interfere with their trading decisions.
After a loss, traders often get...
Today, I want to provide with you an essay that will clarify just how far you should push your trading perfectionism.
There is no ideal trading technique, to put it succinctly and painfully. Losses will be a part of life. Yes, there are High Frequency Trading (HFT) outfits that have been producing successful days after successful days for the past five years, but...
Hello traders, today we will talk about how to manage your life and trading
Hey! When we all started, we encountered some trading challenges.
These issues typically arise in the first year of trading. By year's end, the majority of traders had lost all of their money and had given up forever.
In essence, this was brought on by excessive trading and a lack of...
Hello traders, today we will talk about THE COMPLEXITY OF TRADING
THE FIRST DECISIONS ABOUT YOUR TRADING STRATEGY
People who are unfamiliar with the financial sector may find it daunting to have to respond to several questions before they can even make their first trade. However, because each element and idea is interconnected with the others, leaving out even...
Hello traders, today we will discuss how to Avoid Fails Breakouts and Fails Breakdowns.
Have you ever witnessed a significant resistance level being broken and opened a long trade just before the market made a sharp move to the downside?
Have you ever entered a short position after seeing the price break-through support only to watch the market rebound?
You are...
Zigzag patterns are sharp declines in a bull rally or advances in a bear rally that substantially correct the price level of the previous Impulse patterns.
Zigzags may also be formed in a combination which is known as the double or triple zigzag, where two or three zigzags are connected by another corrective wave between them.‘
4. Flat:
The flat is another...
