Which of these methods is your favorite trading method? Comment below 👇
🔹 Breakout trading
Breakout trading involves identifying key levels of support and resistance and entering a trade when the price breaks through one of these levels. Traders using this strategy look for price patterns that suggest a breakout is likely to occur. For example, a trader might...
The basis of the technical analysis is the trend. It is a price movement in a certain direction.
Upward trend:
Trend down:
Between trends, the price likes to relax in the lateral movement, when the trend itself is absent:
Wavelike trends.
Unfortunately, if the trends were straight as an arrow, your cat would be able to earn. However, trends rarely go...
2 Extreme Types of Traders
So let’s talk about “What Type of trader are you?”
This is a follow up to my previous article, “The Traders Journey.”
So here’s what I’m seeing. There are 2 extreme types of traders.
The Type of Trader Who Wants to Know Everything
1.) This type of trader can’t get enough information. They’re like a ‘knowledge vacuum’!
This type...
