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...
This is a jackpot strategy developed by me and it has an accuracy of 90% ++ Use it and find it out yourself. Subscribe to my channel if you like the video
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 &...
There are three common types of gaps that frequently occur - 1. The breakaway gap 2. Runaway gap 3. The exhaustion gap. Breakaway gap is a more significant gap that usually marks the beginning of new trend. It occurs when the price of a stock breaks a significant resistance. Runaway gaps typically occur during strong bull or bear markets, where the price...
Here's a step-by-step breakdown of how breakout trading works: 1️⃣ Identify a Consolidation Phase: Look for a period of consolidation on the price chart where the stock's price is moving within a relatively narrow range. This phase indicates that the stock is building up energy for a potential breakout. 2️⃣ Set Support and Resistance Levels: Determine the...
20 trades posted for you guys 4 of them got SL❌ hit without reaching TP 1✅. That's not the end of my trading 😅 ,no one is 100% accurate in any field. 80% win rate is satisfied for me to be a profitable trader as we can see some of them never touched SL and still keeps growing which is also a very good thing about this journey. Always trust your plans 👍 , ...
In this video, I discuss 5 Options selling guidelines which you can use to exit your option trades when they go wrong. Selling options come with the risk of unlimited losses . That's why, the main aim of adjusting options is to put a cap to the losses , reassess the situation and increase profitability. Follow @piyushrawtani for more! Cheers =)
I do not suggest to invest any money. #DYORBI. Mostly bullish
How to Use and Read India Vix. How it impact the stocks and overall market index.
Today’s topic is all about three trading stats that you must have. If you remember I have spoken about the three step trading methodology in our talks at conferences and seminars. One of the components of the three step trading methodology is the optimisation component. This is when you’re looking at your stats to see how you can optimise your strategy or review...
NSE:CNXFINANCE Hello Traders, In this video, I have explained a Breakout trading setup that will generate only high-probability breakout trades, that have high success rate than another breakout. The setup is based on a pure price action structure and does not require any indicators just we are using volume as a confirmation tool. Why does this setup work? ...
Hello Friends, Here we had shared some major points and characteristics of Zigzag Correction pattern of Elliott waves. Also we had shared real example chart study of zigzag pattern as a case study of NaturalGas, in which their are some principles and guidelines, which are perfectly going through in chart of NaturalGas. Principles and Guidelines of Zigzag...
Concept of Stock Selection in Sectors. How to find out strong stocks in sector and complete your stock selection
This is a small video on how to calculate the target in the head and shoulder pattern which will allow us to place an alert using the tradingview tools. The tradingview tools make calculating the exact target based on the patterns a lot more easier. I hope this video helps the beginners, please note this is only for beginners and if you are already familiar with...