CHART PATTERNS Chart patterns are formations or shapes that appear on price charts of financial assets, such as stocks, currencies, commodities, or indices. These patterns are created by the movements of the asset’s price over time and are believed to reflect the underlying psychology of market participants. Chart patterns can be broadly categorized into two […]
Candle Stick Patterns Candlestick patterns are a form of technical analysis used by traders to predict future price movements based on past candlestick formations. Candlestick charts display the open, high, low, and closing prices of a security over a specific period. This article focuses on a daily chart, wherein each candlestick details a single day’s […]
Market Structure Understanding the structure of the market is crucial for anyone involved in price action trading. This blog will delve into the essential aspects of market structure, providing insights and strategies to deepen your grasp of this key concept. We’ll explore the fundamentals, along with practical advice to enhance your trading skills […]
Before starting intraday trading today, you will need to know the prices of the stocks, futures, and/or currencies that you want to trade. However, not every algo trading software will be able meet the needs of different traders, as there cannot be one-size-fits all. One may follow a simple intraday trading strategy, such as tracking […]
Intraday trading for beginners is fundamentally different from long-term positions in the way that the stocks are traded on the same day without any ownership. One of the biggest advantages of the intraday trading strategy is that it ends the overnight risk, because the trader has to close the position prior to the end of […]
There are thousands of strategies to choose from for a day trader, so the first step of any intraday trading strategy would be to figure out what to trade? Once the opportunity for intraday trading today is identified, the next step is to come up with some ways to make profits from them. A winning […]
For an intraday trader, it is important to act swiftly as he has to earn profits the same day. That’s why, most day traders prefer to do intraday trading today in the blue chip companies where the inherent risk of losing in the long term is minimum. Intraday trading today allows the investor to settle […]
Trading signals are suggestions that alert you about the trading opportunities arising in forex, commodities, and indices markets. The recommendations by the signals can be generated either by the human experts, or through complex mathematical algorithms. Trading software signals use a variety of inputs from several disciplines, including technical analysis and quantitative analysis. The goal […]
It’s quite difficult to not get tempted to intraday trading, after all, it’s how you can make money fast from the stock market. Computer applications have made it possible for the traders to do intraday trading today with considerable accuracy, as an intraday trading strategy is a short-term intensive activity, making the use algo trading […]
An algo trading software allows traders to establish specific rules to trade entries and exits based on simple conditions like a crossover, stop losses, trailing stop, etc., for automatic execution of their trading orders. Technical indicators may also be used as rules for trading by the trading software signals, such as a trader may set […]