In security trading , it is important to know the following:
1. Entry price
2. Exit price
3. Stop/loss price
4. Target profit margin
In helping us to determine these things, it is important for the trader to learn the ropes of trading. Therefore, we will have to learn to read technical charts and understand what the signals may mean to traders.
The knowledge here is not confined to only stock trading. I have also seen how these knowledge is being used effectively for currency, commodity, index and futures trading. Here are some online tutorials to help us understand the basics of technical analysis. Of course, it's always better to learn from another guru, but you'll learn more from the master once some basics are understood.
Online Definition Page
1.How to Identify Candlestick Patterns : here
2. Investopedia : here
3. Relative Strength Index : here
4. Moving Average Convergence Divergence : here
Online Articles
1.Five Chart Patterns you need to know: here
2. How to use Moving Average to Buy Stocks : here
3. How to Trade Head and Shoulders Pattern: here
4. An Introduction to the Relative Strength Index : here
Online Traders Page
1. Divergence Trader: here
Last updated: Oct 31st , 2014.
No comments:
Post a Comment