SkyTradingZone

24:32

SkyTradingZone

Price Data: Real-time and historical prices of stocks, commodities, and currencies. Volume Data: Details on traded quantities within specific timeframes. Order Book Data: Insights into buy and sell orders at different price levels. Market Timestamps: Precise timing of trades and market events. Postgres is an open-source production-ready database with lots of use...

18:13

SkyTradingZone

Technical traders analyze price charts to attempt to predict price movement. The two primary variables for technical analysis are the time frames considered and the particular technical indicators that a trader chooses to utilize. ​Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of...

13:42

SkyTradingZone

Education: Begin with a solid foundation in finance, economics, or a related field. Many traders benefit from a formal university degree, which helps them understand complex financial concepts and market dynamics. Understand Market Fundamentals: Knowledge of fundamental analysis is crucial. While some traders have been successful in becoming millionaires through...

08:34

SkyTradingZone

Average Directional Movement Index The Average Directional Movement Index, or ADX, is a popular trend indicator designed to measure the moving average of price range expansion values. Developed by Welles Wilder, it's one part of the Directional Movement System which aims to measure price movements and their strength. What is the ADX? The average directional...

22:36

SkyTradingZone

Results show that migration to a MongoDB database would be most beneficial in terms of cost, storage space, and throughput. In addition, organisations wishing to take advantage of autoscaling and the maintenance power of the cloud should opt for a cloud native solution. Some traders follow something called the "10 a.m. rule." The stock market opens for trading at...

15:40

SkyTradingZone

A binary option is a type of options in which your profit/loss depends entirely on the outcome of a yes/no market proposition: a binary options trader will either make a fixed profit or a fixed loss. An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last...

10:38

SkyTradingZone

To use the RSI indicator, check if the value is above 70 to show an asset is overbought, or below 30 to show it is oversold. Traders can use these signals to find possible trading opportunities. The relative strength index (RSI) is an indicator used in technical analysis to determine overbought and oversold conditions, which provides traders with buy and sell...

29:04

SkyTradingZone

The 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades The mindset of instant gratification will not work in the stock market. You will need to be...

27:51

SkyTradingZone

What you'll learn Make profits in intraday. Stock market concepts and workings explained from very basic level. Learn powerful day trading strategies. Learn a step by step approach of how to trade in intraday. Trend Following (Wealth Generation) Learn the art of minimizing the risk and maximizing the return. The 3 5 7 rule is a risk management strategy in trading...

14:01

SkyTradingZone

An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock The Bottom Line. You don't need a considerable sum of money to become an...

10:24

SkyTradingZone

RSI divergence happens when the price and the RSI move in opposite directions. This signals that the current trend may be losing momentum and could reverse soon. For example, if the price keeps rising but the RSI starts falling, it could mean the uptrend is weakening. How RSI Works. RSI values are typically used to identify overbought and oversold conditions. A...

08:03

SkyTradingZone

Option chain in trading An option chain is a detailed list of all available option contracts for a specific stock, including their strike prices and expiration dates. The Nifty Option Chain provides a listing of all the available options contracts for the Nifty 50 Index; including the strike prices, expiry dates, and the corresponding premiums. The list shows...

09:15

SkyTradingZone

The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend. Key takeaways. Average directional index (ADX) is a short-term chart indicator. It can be used to help you evaluate the...

08:42

SkyTradingZone

Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame. Options are a type of contract that gives the buyer the right to buy or sell a security at a specified...

28:25

SkyTradingZone

Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction Divergence signals tend to be more accurate on the longer time frames. You get...

28:12

SkyTradingZone

In simple terms, price action trading is a technique that allows a trader to read the market and make subjective trading decisions based on recent and actual price movements, rather than relying solely on technical indicators. In general, trading Price Action patterns comes down to the following steps: Define the current trend you are going to trade. Mark the key...

23:14

SkyTradingZone

The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment. A PCR at one (=1) suggests that investors are purchasing...

15:05

SkyTradingZone

Options data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers. But, unlike teen patti, options trading is not just based on luck. With the right knowledge and understanding of the market, you can make informed decisions that can lead to big...