As unemployment ravaged the labor market during the coronavirus pandemic, many people turned to the stock market to substitute their income or replace the lost income. When trading in the stock market, you require some basic knowledge to get started. You also must be registered …
Technical analysis is a trading practice that seeks to employ various strategies to analyze assets and locate investment opportunities. It does this by evaluating information such as statistical price movement or traded volume. One of the fundamental pillars of technical analysis is the premise that …
Prices in any asset class change every day because of the supply and demand market forces. These market forces can shape the price action into chart patterns that give traders insight into what the price will do next. It’s important to understand how these chart …
Candlestick patterns are some of the most powerful trading techniques you can use in our trading. Candlestick patterns can help you find bullish and bearish trades, and they can also help you manage your open trades. In this post, we go through 35 powerful candlestick …
Three main things differentiate a successful trader from an unsuccessful one; discipline, dedication, and professional trading strategies. A trader needs all three of these to be profitable in the long run. Without discipline, even the best or most complicated strategies such as using options will …
For investors in every field, hedging against the unknown and the inherent risks in their core business should be the ultimate goal. In professional trading, options trading strategies are one of the most important trading methods to both create profit and minimize risks. Options are …
It is a common misconception that day trading is a relatively new practice. Many young traders believe that day trading first began when online trading platforms were developed. Even the most senior traders could be forgiven for believing that day trading is an activity confined …
Anyone investing in the stock market or even thinking of investing in the stock market knows of Warren Buffet. The billionaire investor amassed his fortunes by investing in the stock market, famously starting when he was barely a teenager. If you asked him right now …
When you buy shares of a particular company you are looking to make a profit through price rising, through dividend payments, or from both. You cannot simply walk into an exchange and start buying shares. Only a limited number of people are allowed to trade …
The journey to becoming a successful day trader is anything but easy. Aside from understanding the stock market in general and the technical jargon used by traders, you also need to read stock charts by analyzing stock data, identifying patterns, and making decisions accordingly. On …