The trendline is the most valuable indicator when it comes to trading, whether you’re focusing on intraday transactions, riding a long trend or just capturing one swing. Just like having automated stock trading systems, the proper use of trendlines can help you succeed in your trading endeavors. Sadly, most traders get their trendlines incorrectly. Often,…
The world of trading may seem like an exciting area to engage in. If you want to start trading, however, you should first realize that risk is a major part of this activity and that it requires dedication, time and hard work to succeed in this field. Even if you have the best automated stock…
Support and resistance levels are two of the many indicators that are commonly used in trading charts and technical analysis. These levels indicate the points wherein the price movement of the asset can possibly pause temporarily or reverse its prevailing trend. Despite having automated stock trading systems that send timely alerts so you can trade…
You may think that the key to being a successful trader is simply formulating and having the best trading strategies and market analysis techniques. While having automated stock trading systems can help boost your success in trading, there are several qualities that you must possess in order to be a successful trader. High level of…
Automated stock trading systems are among the most valuable tools to have for traders, especially the younger generations who are fairly new to the game and have not experienced major global events such as wars in their lifetime. By having an automated trading system, young traders can prevent their emotions from ruling over their trading…
The most popular stock strategy is trend following. It is based on momentum and direction. The trader earns a fortune when there is a trend. When a trader follows a trend, he should be aware that he is minimizing losses and maximizing profits. There are usually break even days at other times. Trend following is…
When most traders first start trading, they make the mistake of believing that all they need to do is locate a strong trading technique. After that, all they have to do is go to the trading market every day, punch in their brilliant trading method, and the market will begin flowing money into their…
Price action is one of the most often used trading strategies. A trader who understands how to use price action correctly may considerably enhance his performance and method of looking at charts. However, many errors and half-truths continue to circulate, confusing traders and setting them up for failure. In this post, we’ll go…
Trend Following, often referred to as trend trading, is a trading strategy that looks closely at the price of an asset as it goes up or down. Expecting the price movements to continue, a trader will sell an asset when its trend is moving downwards and buy when the price is going up. Making use…
Trading in the Zone was written by Mark Douglas in 2000. It is regarded as a classic in the field of trading psychology, alongside publications by Alexander Elder such as Trading for a Living. Mark Douglas passed away in September of last year at the age of 67, leaving behind a legacy of publications that…