Swingtrader
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.
GRAPHITE INDIAWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
#SHRIRAMCIT- Long Buildup Candidate#SHRIRAMCIT
Buy-Above 1700
Sl-1500
T- 1950 2200 2350+
Consider building long from CMP area, however conformation is above 1800.
BERGER PAINTS HAMMER AT CRUCIAL SUPPORTBERGER PAINTS forming HAMMER at support along with other conditions like RSI reversing from oversold to normal zone, volume higher than previous day. One can go long if price sustains above 645 on 15min/30min time frame with a stop loss of recent swing low of 618 Target 1 - 671, target 2 - 682, target 3 - 733
BSOFT - INVERTED HEAD AND SHOULDER BREAKOUT | POTENTIAL 10%
BSOFT - INVERTED HEAD AND SHOULDER BREAKOUT | POTENTIAL 10%
Buy above : 495
SL : 474
Target : 543
Risk reward : 1:2
Trade Duration : 15-30 days (If not reached within this i will move out)
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.