What is IMBALANCE in the MARKET ? How to TRADE ? Imbalance also known as Price Inefficiency is a key factor in Stock market price action Trading. Look for any candle which has a full body and look for the part of the candle that isn't overlapped by the previous and next candles' wicks. This signifies an imbalance in the market because there were few...
Hi Friends Good evening hope all are you fine, So first of all Wishing all of you a very Happy Independence Day, here I am doing a short writeup on Trading related mistakes very commonly did by me or a common trader on the occasion of Independence day from whom I want to be free now! So always I wondering that why I or common traders could not make it and after...
⚡In simple terms, support is a level where demand overcomes supply, while resistance is a level where supply overcomes demand. In the market, different types of traders participate, and I have broadly categorized them into four groups based on their behavior. ⚡You may have heard that once a support level is broken, it tends to act as a resistance level, and vice...
Risk management refers to the techniques used to identify, evaluate, and mitigate the potential risks associated with trading and investing. Whether you are a day trader, swing trader, or scalper, effective risk management can help you minimize losses and protect your hard-earned money all while maximizing potential profits. Let's take a look at the top 7 risk...
After the latest circular from NSE, MidCPSelect Nifty which tracks a handpicked 25 stocks will have expiry date shifted from Wednesdays to Mondays. And BankNifty which tracks the top most banks in India will have expiries on Wednesdays instead of Thursdays. This change in status-quo has created a situation wherein we have a daily expiry. Much similar to the 0 DTE...
This is a strategy you use when you feel the markets will not rise or fall below a predetermined level within the upcoming week. Approx 9 out of 10 times markets remain range bound and the other single time it breaks out or breaks down. This strategy is when you have a feeling that markets will remain range bound and will not break out or break down. We will be...
📈 The stock market can be a thrilling but challenging place, especially for new traders. Recently, I had a conversation with a fellow trader who went through a rough patch and sought help to recover from his losses. Let's delve into his experience and extract essential lessons for aspiring traders to navigate the stock market wisely. 📜 The Trader's Story: On...
⚡Retail traders often find themselves entangled in false breakouts or breakdowns. However, it's important to recognize that taking advantage of breakout opportunities isn't inherently flawed. The key lies in being mindful of the associated risks and never trading beyond what is considered an acceptable level of risk. By doing so, traders can protect themselves...
NSE:BAJFINANCE In this video, we have discussed how you can count the bars to identify when a pullback is ending and use it for a trading setup to trade with the trend. The Full setup is explained in the video, Watch and share with your friends. Give a like and comment with your views or queries. Keep learning, Happy Trading. Thank you
How instrument breaks and supports key levels please follow simple things and just have faith in what you understand.Focus on position sizing and strict stop loss and later trailing SL that's all you need trust me my personal experience witnessed the same things.
When to use Logarithmic chart while analysing, its clearly mentioned on chart. Hope it will be helpfull. Thank You.
Who is Peter Lynch? Peter Lynch is a renowned American investor who is best known for his tenure as the manager of the Magellan Fund at Fidelity Investments from 1977 to 1990. Under Peter Lynch's leadership, the Magellan Fund became one of the most successful mutual funds in history. During his tenure, the fund averaged an annual return of around 29% ,...
Introduction: In trading, there are two main components to consider: the psychological aspect and the technical aspect. While this tutorial will focus on the technical part, it's important to note that the psychological aspect is also crucial for trading success. In the technical realm, two key elements to prioritize are price action and volume. By understanding...
Trading Like a Casino Introduction: If you want to become a successful trader, it's essential to adopt a mindset similar to that of a casino. In this tutorial, we will explore how casinos operate and extract valuable principles that we can apply to our own trading. Two key components of a casino's success are having an edge and implementing effective risk...
Understand the DOM Interface: [/i ] The DOM panel displays the bid and ask prices along with the order book depth for the selected trading pair. The bid prices are listed on the left side, and the ask prices are on the right side. Each price level shows the quantity available at that price. Place an Order: To place an order using the DOM, you have two options:...
New to Trading? Dive in head-first with our comprehensive guide, drafted especially for beginners! 💼💡 With so many markets and strategies to choose from, it's easy to feel lost. In this post, we'll guide you through the essential steps to get started with trading and set you on the right path. 📚 Educate Yourself Initiate your trading journey by absorbing the...
Risk management is an essential aspect of trading, and TradingView can be a helpful tool for implementing risk management strategies. Here's a step-by-step guide on how to do risk management in TradingView: 1. Determine your risk tolerance: Before you start trading, assess your risk tolerance level. This will help you set realistic goals and determine how much...
Traders, even those who have spent significant amount of time in stock market, find it difficult to understand and execute the concept of Pyramiding up in a stock and how to trail SL with each opportunity of pyramiding. While going through my daily watchlist of stocks, came across this chart and found it best suitable to explain the concept of pyramid up &...