Title: Education and content of trading Post by: Black susano on March 26, 2023, 08:45:41 PM In this area, everyone can learn about Some basic of trading
THERE ARE TWO PRIMARY METHODS USED TO ANALYZE SECURITIES AND MAKE INVESTMENT DECISIONS. THESE ARE 1- FUNDAMENT ANALYSIS 2- TECHNICAL ANALYSIS I will be starting with FUNDAMENT ANALYSIS this involves analyzing a company's financial statements to determine the fair value of the business, while TECHNICAL ANALYSIS assumes that a security's price already reflects all publicly- available information and instead focuses on a statistical analysis of price movements. SOME CONTENT ÷ (1)- CANDLESTICK PATTERN First, it should provide different visual cues that make understanding price action easier. Time frame trading with the JAPANESE candlestick charts allows traders to better understand market sentiment. THANKS TO THIS MAN ( STEVE-NISON) CANDLESTICK charts offer a greater depth of information than traditional bar charts and more on its stock. And it is important to understand the key components of a candle, and what they indicate. THIS An image for a candlestick https://imgur.com/a/P4XdCUs For more education on this https://www.dailyfx.com/education/candlestick-patterns/how-to-read-candlestick-charts.html (2)- MOVING AVERAGE THE moving average is one of the most popular and easy-to-use tools available for technical analysis. They smooth a data series and make it easier to spot and something especially helpful in a volatile market. For building blocks for many other technical indicators and overlays. And also the average is taken over a specific period 10 days 20minuter, 30 weeks, or any period the trader chooses " For me, the strategies are also popular and time frame, suiting both long-term investors and short-term traders. FOR MORE https://www.investopedia.com/articles/active-trading/052014/how-use-moving-average-buy-stocks.asp (3)- RSI " Relative strength index" Also developed by " J. WELLES WILDER the relative strength index ( RSI) is a movement oscillator that estimates the speed and change of price movements RSI oscillates between zero and 100. Traditionally, and according to Wilder, RIS is considered oversold when below 30. Signals can also be generated by looking for divergence failures swings, and centerline crossover. RSI can also be used to identify the general trend FOR MORE https://www.investopedia.com/terms/r/rsi.asp (4)- STOCHASTIC The stochastic indicator shows us information about momentum and trend strength. As we will see shortly, the indicator analyses price movement and advise us how fast and how strong the price moves THIS IS A QUOTE FROM GEORGE LANE THE INVENTOR OF THE STOCHASTIC INDICATOR. the momentum of price ( if you visualize a rocket going up in the air before it can turn down, it much slow down) That is momentum always changes direction before price. https://www.investopedia.com/ask/answers/032015/how-do-i-use-stochastic-oscillator-create-forex-trading-strategy.asp (5)- SUPPORT AND RESISTANCE Is a level where the price directions to find support as it falls. This means that the price is more likely to " bounce" once the price has breached this level, by an amount exceeding some noise it is likely to continue collapsing until symposium another support level. A resistance level is the contrast of a backing level. It is where the price tendencies to find resistance as it lifts. Sometimes this may potentially Bounce off the level rather than smash through it. FOR MORE https://www.investopedia.com/trading/support-and-resistance-basics/ (6)- HOW IS THE PARABOLIC SAR USED IN TRADING? for me it. also, the dictator is graphically shown on the chart of an asset as a series of dots placed either above or below the price ( and it also depends on the assets momentum) A small dot is placed below the price when the trends of the asset are upward, while a dot is placed above the price when the trends are downward. As you can see from the charts below, transaction signals are generated when the position of the dots reverses direction and is placed on the contrasting side of the price. FOR MORE https://www.investopedia.com/trading/introduction-to-parabolic-sar/ (7)- HOW TO USE A FIBONACCI RETRACEMENT why is Fibonacci analysis so popular in trading most people this question but Fibonacci level are geometric numbers so the retracement and extensions appear pleasing to the eyes this level provide objective price reference ↖️ and thus remove subjectivity when only used correctly FOR MORE https://www.investopedia.com/terms/f/fibonacciretracement.asp (8)- VOLUME It is also an indicator of an option's current interest. Volume plays an important role in technical analysis and features prominently among some key technical indicator FOR MORE https://www.investopedia.com/articles/technical/02/010702.asp (9)- USING BOLLINGER BANDS TO GAUGE TRENDS They are a type of chart indicator for technical analysis and have become markets, including stocks, futures, and currencies. " THANKS TO THIS MAN JOHN BOLLINGER IN 1980 IS ALSO A BREAKOUT. " AND ALSO MOST FOR HOME TRADERS. FOR MORE https://www.investopedia.com/trading/using-bollinger-bands-to-gauge-trends/ (10)- AVERAGE CONVERGENCE/DIVERGENCE (MACD) Is a trend-following momentum indicator that shows the relationship between two exponential moving averages ( EMAS) of a security price. The MACD line is calculated by subtracting the 26-period EMA from the 12-period EMA FOR MORE https://www.investopedia.com/terms/m/macd.asp SOME RULES APPLY WHEN TRADING Rule (1) ALWAYS TREAT TRADING AS A BUSINESS To tell you the truth to be a successful trader you much approach trading as a full-time career, not as an amusement. Rule (2) ALWAYS USE TRADING PLAN A trading plan is a written set of restrictions 🚷 that specifies a merchants entry, departure, and money administration for every investment Rule (3) USE TECHNOLOGY TO YOUR ADVANTAGE Trading is a competitive business, it is safe to assume that the person sitting on another side of a trade is taking the whole benefit of all the available technology Rule (4) PROTECT YOUR TRADING CAPITAL ALSO Saving enough money to fund a trading statement takes a tremendous seat of time and effort. It can be even tougher if you have to do it twice Rule (5) BECOME A STUDENT OF THE MARKET A trader needs to remain focused on understanding more each day that passes by it is great to know the market headdresses and all of its intricacies Title: Re: Education and content of trading Post by: Oshosondy on March 27, 2023, 10:43:41 AM It is good for newbie traders to learn about trading indicators, they will later choose the ones they prefer. But traders should know that only few indicators is necessary. For me, I prefer moving averages, BB and RSI which is enough for me.
Rule (1) ALWAYS TREAT TRADING AS A BUSINESS No. Trading should be what you do not take as business, if it brings money, then it brings luck, but do not take it as business. Have a business you are doing. Trading is too risky to be taken as a business. To tell you the truth to be a successful trader you much approach trading as a full-time career, not as an amusement. Rule (4) PROTECT YOUR TRADING CAPITAL ALSO I do not really understand this, but you should not use more than 10 to 20% of your money to trade.Saving enough money to fund a trading statement takes a tremendous seat of time and effort. It can be even tougher if you have to do it twice Never depend on trading. Also worth knowing that trading is risky and can be very risky at times, just like gambling. Title: Re: Education and content of trading Post by: EarnOnVictor on March 27, 2023, 12:28:01 PM If I were you, I would have still made adjustments to some of the constructions, but still, you have done a good job and Investopedia is a very good educational site to recon with when it comes to online trading and investments.
Additionally, trading and investments are risky, and the only way anyone could be successful in them is to first gain adequate knowledge and then use the practical knowledge to devise a good strategy, management and plans. However, you did not seem to emphasise management which is the soul of the success and the safety of the account of any trader. And if I would advise, traders should be more technical in strategy than fundamental. Title: Re: Education and content of trading Post by: retreat on March 27, 2023, 02:38:32 PM The list that you provide is very helpful for newbies to get into the world of trading. I recommend being able to study candlestick and MA patterns, then knowing the support and resistance points will also be very helpful, because by knowing these points we can know when to enter and exit the market.
For this point I don't really agree, because successful traders are those who can manage their assets and profit consistently, just being a full time trader without consistent profit is the same as wasting your money on the market. SOME RULES APPLY WHEN TRADING Rule (1) ALWAYS TREAT TRADING AS A BUSINESS To tell you the truth to be a successful trader you much approach trading as a full-time career, not as an amusement. And let me add another point that is no less important, namely to be able to manage your emotions, don't be too greedy and leave when you feel you have had enough. Because from experience most losing traders are those who let their greed take over their trades. Title: Re: Education and content of trading Post by: JooBra on March 27, 2023, 03:09:37 PM There is a topic which I made where I asked for people to send me stuff where I can learn. And they did, there are so many good suggestions from which you can learn.
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