#Chapter2 : Trend Trading .
Traders first priority is to take a trade basis the trend. Trend in simple terms means, following the direction of the Market.
Which also means, being with the forces who create the direction, who drive the prices, who move the market, SmartMoney.
#BookLink: Useful book for people who want to understand the entire market structure, its phases etc., Its on google drive so one may click on the link and have the same downloaded.
https://t.co/8yQi36Hbep
#Chapter2 : Trend Trading .
Traders first priority is to take a trade basis the trend. Trend in simple terms means, following the direction of the Market.
Which also means, being with the forces who create the direction, who drive the prices, who move the market, SmartMoney.
#TrendIdentification: While i have written a whole chapter on @Traders82 handle on How to identify trend using #EMATradingStrategies. Re writing the same with couple of charts for easier understanding. For detailed read, please visit @traders82. There are 4 Chapters. Please RT.
#Chapter1
How does one Make Wealth out of Trading ?
As for an my understanding goes, Trading is less 10% Technical and 90% Psychological.
Why Less Technical ?
Remember, Price is the Only Variable which keeps changing. The Change occurs due to change in the Human Behaviour.
#Chapter2 : Trend Trading .
Traders first priority is to take a trade basis the trend. Trend in simple terms means, following the direction of the Market.
Which also means, being with the forces who create the direction, who drive the prices, who move the market, SmartMoney.
@Traders82#Chapter3 : Price Action Trading Secrets
Disclaimer: I am going to share my experience in Price Action trading. Please note this is NOT at all a Holy Grail or even close so if you are looking for that, please stop reading here.
@Traders82 Today I will start a new chapter of #PriceAction trading & the topic is -
#Chapter4: Understand Supply & demand zones
So are you excited? I heard YES. So let's start!
#StopLoss: 1/n
Today In this Thread, I will write my Opinion about Stop Loss .
1. What it is ?
2. Why it gets taken out most of d time
3. How a PA trader look at SL and arrive at an entry Price.
Lots of bla bla bla...
RT is your Option and Not my Mandate.
#MoneyFlowIndex:
In this thread will try and cover What is Money Flow Index & how to read the Money Flow Index and It's importance in Stock Investing - I repeat it's Investing Only.
Will explain the concept and post few examples.
Retweet is your Choice and not compulsion.
Please remember, most of the trading signal systems foundation is Averages Only.
The only difference could be the way they get the value taken.
Open
Close
OHLC
And the Period
There is nothing beyond Averages in Market.
There are 2 methods which I have Taught you guys, with out you knowing it :
1. EMA
2. Rugby - Fight of Bulls and Bears to score points
This two are the Best and Well respected levels
All Systems - Fibo, EW, Ichimoku - All derive their values from Averages only.
Keep It Simple
Your MIND is Atomic Bomb. When you follow many, even a single tweet can destroy your position.
You may be right in your reading, but that one tweet from some one else will Burst Your Account or Make you book loss.
If you follow your own charts after learning, then its easier.
StockMarket and StreetFights have no difference at all.
They follow the same Patterns.
1. Stronger Wins.
2. Both Weak they only Argue.
3. One Side Weak, He goes back and comes with more people to fight.
#BabaKamDevJr Definition