What Day Trading is Not? Before we start, allow me to shatter a few day trading myths so that we can proceed with justified courage. 1.1.1 – Day trading is not a way to get rich quick. Sit in front of the computer and click a few buttons. Spend just two hours a day and […]
Key terms used in Technical Analysis
There are several key terms that are commonly used in technical analysis. Some of these include： Trend: A trend is the general direction of a market or security. Trends can be up, down, or sideways. Support and resistance: Support and resistance are levels on a price chart where the price has either a difficult time […]
What is Technical analysis?
Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. It is primarily used to forecast the direction of prices through the study of past market data, primarily price and volume. Technical analysts believe that market trends, as shown by charts and other technical […]