Best trading tips for traders

Best trading tips

Trading Tip 1

• Scan a stock whose exponential moving average is rising but the price is not 1% above the exponential moving average

Trading Tip 2

• There are two types of indicators 1. trend following indicators 2. Oscillator 

Trading Tip 3

• Trend following indicator are lagging indicators - they provide signals after trend reverse

Trading Tip 4

• Oscillator helps to identify the turning points 

Trading Tip 5

• List of leading indicators are MACD Histogram  -  Stochastic -  RSI- Williams %
• list of lagging indicators are Moving Averages - ADX - OBV

Trading Tip 6

• You cannot use the signal indicator to analyze the market 
• Use bot lagging and leading indicator to trade in the market

Trading Tip 7

• Other than these indicators there are other parameters like put call ratio - advance to decline ratio - open high - open low these are leading indicators

Trading Tip 8

• Moving average is used to identify the trend by using its slope 
• A rising slop indicate the bullishness and declining slop indicate the bearishness
• Moving average should not be shorter than 8 period
• The best crossover of moving average is 4 - 9 -13

Trading Tip 9

• The most important trend identifier is its pattern of high and lows
• Identify the chart pattern with higher highs and lower lows
• The 22 days exponential moving average slop confirm its trend