Topic - The Journey of Every Professional Trader How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and techniques. ... Gain trading experience. ... Consider paper trading. ... Choose a reliable broker. ... Learn to focus. ... Understand risk management
Topic - DAILY TRADING CHECKLIST #WHAT IS THE OVERALL TREND? -- Bullish -- Bearish #YOUR CONFIRMATION? (MORE THE BETTER) -- Price Action -- Momentum Oscillator -- Fundamentals #WHAT'S YOUR ENTRY CRITERIA? -- Trendline Break/Rejection -- Zone break/Rejection -- Fib Retracement Rejection -- Ema Break/Rejection #RISK MANAGEMENT USED? -- Stop loss with...
Which chart pattern is best for trading? 11 chart patterns for trading Symmetrical triangle. Flag. Wedge. Double top. Double bottom. Head and shoulders. Rounded top or bottom. Cup and handle. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and techniques. ... Gain trading experience....
Forex trading offers the potential for high profits, but it also comes with significant risks. Therefore, risk management plays a crucial role in protecting capital and increasing the chances of success for investors. Here are some effective risk management strategies in forex trading: 1. Understand the Nature of Risk: Market risk: Price fluctuations due to...
Once you learn one of these strategies, you will be able to analyze the market on your own and trade self sufficiently. learning these strategies will allow you to have better understanding of price action and the overall market structure. Here are the 7 Strategies to learn ⬇️ 1. TheStrat By Rob Smith 2. Smart Money Concept ICT 3. Supply & Demand 4....
ARE YOU A TRADER OR A GAMBLER? TRADER 1. Focuses on long-term growth, profitability, and consistency. 2. Has a valid trading plan and a back-tested strategy that they use use all the time and optimizes along the way. 3. Strictly obeys risk management principles and does not over-leverage their account. 4. Trades only when there are high-probability setups...
Market behavior refers to the actual behavior or movement of several factors affecting a specific market, These factors include the consumers, stocks, companies, as well as, other businesses. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and techniques. ... Gain trading experience....
Topic - Introduction to Option Trading Psychology #Option #Trading 1. Emotional Control in trading 2. Positive Mindset and Learning From Mistakes . 3.Overconfidence and Humility 4.Trading as a Marathon, Not a Sprint 5. Patience and Discipline 6. Risk Management 7. Mental Resilience What is emotional control in trading? Setting your own rules to...
What is the role of psychology in trading? Trading psychology helps traders maintain discipline by staying focused on the long-term goals and avoiding impulsive actions driven by short-term market movements. How to Improve Your Trading Psychology Get Yourself in the Right Mindset. Before you even start your trading day, simply remind yourself that markets are...
"A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business." "Market is always open the next trading day" "Market god favors...
Part 1 .Truth About Support and Resistance =============================Support and Resistance================================= Support and Resistance is one of the universal concepts in trading. You can apply it to day trading, swing trading, position trading, and etc. Thus, if there’s only one thing you can master in technical analysis, it would be learning...
Midcap Nifty on daily TF rejected breaking 61.8% in 4/5 continuous trading sessions. It was again and again trying to bounce back from the levels, and it successfully bounces with major upside candle today. Trying to break out of the box upside too, if the buying follows up, we can see new highs on this index again. Only for educational purposes. Do your own...
Which chart pattern is best for trading? 11 Trading Chart Patterns You Should Know 11 chart patterns for trading Symmetrical triangle. Flag. Wedge. Double top. Double bottom. Head and shoulders. Rounded top or bottom. Cup and handle. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and...
Hello Falcon Traders Once again i have come up with an example of Cup and Handle Pattern in making. This will help you to spot the pattern clearly once its forming up. The points to note are as enumerated below first - Time Frame - Always analyze the chart on the higher time frame. in this case i am using Weekly Time Frame. Secondly -Price Rise - ...
Topic - Chart-pattern Base Trading Part 3 Do chart patterns really work in trading? In some cases, traders believe them to be reliable indicators, and plenty of performance percentage claims online support that assumption. A study by Michael Kahn indicated that chart patterns exhibit a degree of accuracy in predicting price reversals, attributing an 89% success...
Withing 15 mins, the stock formed a significant candle of 12% Increased volatility around stock earnings is a common phenomenon in financial markets. As companies release their quarterly or annual earnings reports, big investors eagerly anticipate the results, which can lead to heightened trading activity. Positive earnings surprises may cause a surge in...
Wihin 30 mins, the stock formed a significant candle of 12% Increased volatility around stock earnings is a common phenomenon in financial markets. As companies release their quarterly or annual earnings reports, BIg investors eagerly anticipate the results, which can lead to heightened trading activity. Positive earnings surprises may cause a surge in buying...
Which is better NSE or BSE? Market Capitalisation and Volume NSE generally has a higher market capitalisation and trading volume. Especially, compared to BSE due to its larger number of listed companies and higher trading activity. This might make NSE more attractive to institutional investors and those seeking higher liquidity. How To Become a Professional...