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Bitcoin Price Prediction, will BTC’s price hit $42000 ?BTC could hit $45022.18 in 2023 Bitcoin’s price prediction for the most bearish scenario will value BTC at $21516.80 in 2023 Bitcoin’s previous All Time High was on 10th November 2021 where BTC was priced at $69,045 Bitcoin’s price at the same time last week was $26911.81. It has moved by -1.78% in the past week and is currently at $26,896. Infact, in the past 24 hours, BTC has pumped by 0.41%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $34590.00 in 2024. Total circulating supply of Bitcoin as of writing this article was $19,380,912 and the Market Cap of BTC remains at $521,194,157,450.
by tradewith_ritik
A FEW PARAMETERS TO FILTER STOCKS FOR INTRADAY TRADINGThere are few things to be considered before selecting a stock for intraday such as, 1)Volume 2)Price 3)Mimicking Stocks VOLUME: Always Select a stock which has a high liquidity, which means the stock should have at least average daily volume of above 1 million (10 lakhs). PRICE: Many would not consider this as a important parameter. but it must be considered. Choosing penny stocks for intraday is not a good choice at all. Always prefer stocks trading above Rs.100 for intraday MIMICKING STOCKS: Look for the stocks which move in sync with the index. So when the index moves upward/downward, there is a high possibility for the stock to go up/down similarly. Few such examples are 1)Nifty & Reliance, 2)Bank nifty& HDFC Bank, 3)Nifty IT & TCS. SUMMARY #Make a List of 10 stocks, which have good volume (>10 lakhs) & price above 100 #Try to Pick stocks from F&O category as they are the most liquid stocks & these stocks can't be manipulated easily by the operators. #Make sure the 10 stocks are from various industries. Because if we pick stocks from same industries, they are likely to move in tandem. #As a beginner, one should trade within only those 10 stocks every single day for at least 6 months. The reason behind is, every stock has a certain behaviour of its own & when we trade same stocks for a long time, one will get to know the in & out of the stocks & eventually be better at trading. #Another good reason is, every stock is subjected to move according to its corporate action ( Earnings, AGM, Dividends etc.,) So it becomes easy to pay attention to the news related to a particular company, when we trade very few stocks. SAMPLE 10 STOCKS LIST: Finance 1)SBI 2)ICICI Pharma 3)SUNPHARMA 4)BIOCON Auto 5)MAHINDRA & MAHINDRA 6)TATA MOTORS IT 7)INFY 8)TECHM Fmcg 9)HINDUNILEVER Metal 10)TATA STEEL Disclaimer : These are not rigid rules. All the above said are the things which am using for long time successfully. If you are successful with any other method, please continue that. Happy Profit Making, Divyaa Pugal
NSE:NIFTYEducation
by Divyaapugal
23
Types Of Trader (What Types Of Trader Are You? )Thank You For Giving Giving Me So Much Support Hopefully You Also Give Support To This Idea Lets Move To The Idea And Tell Me Which Type Of Trader You are Tell Me In the Comment. There Is Four Type Of Trader. The First Type Of Trader Is Day Trader: Day trader refers to the market operator who indulges in day trading. A day trader buys and subsequently sells financial instruments like stocks, currencies, or futures and options within the same trading day, which means all the positions that he creates are closed on the same trading day. The Second Type Of Trader Is Swing Trader: Swing trading is a style of trading that attempts to capture short- to medium-term gains in a stock (or any financial instrument) over a period of a few days to several weeks. Swing traders primarily use technical analysis to look for trading opportunities The Third Type Of Trader Is The Position Trader: A position trader buys an investment for the long term with the expectation that it will appreciate in value. This type of trader is less concerned with short-term fluctuations in price and the news of the day unless they alter the trader's long-term view of the position. And The Last Types Of Trader Is Investor: An investor is an individual that puts money into an entity such as a business for a financial return. The main goal of any investor is to minimize risk and maximize return. It is in contrast with a speculator who is willing to invest in a risky asset with the hopes of getting a higher profit. Thank You For Giving Me Your Precious Time I Will Meet You In The Next Idea And Pls Me Your Full Support Bye Bye For Now I Will Meet You In The Next Idea Pls Like And Follow Me.
NSE:RELIANCEEducation
by DarshTrader