Stock market learning - understand stock market rules and trade
- The difference in fundamental analyst and technical analyst is a fundamental analyst usage economic data to analyze the stock price whether it is undervalued and overvalued in economic conditions
- The technical analyst uses trading data such as open high low volume delivery open interest vix volatility.
- Only fundamental analysis of the stock is insufficient for stock trading
- to find the timing of entry and exit use technical analysis
- Along with the timing of entry and exit, risk control is very important for trading
- To become a good trader learn technical analysis - fundamental analysis and risk control technique.
- Never overtrade and don't put all your money in one trade
- Reduce the no of trade
- The best trading plan is when fundamental-technical-market is moving in the same direction
- If you are not sure or confident about our position and don't what will happen next to get out of that trade as quickly as possible
- Always hold your winning trades and exit from the losing trades
- To become a good trader you need trust your analysis and guts - guts to try new things- guts to take risk-guts to book losses
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4 Comments
ReplyDeleteTechnical analysis is to be avoided because it is the basis of speculation, a negative personal behavior in the moral context.
Read this book called market wizard great trader michael marcus says fundamental analysis is important but tthe entery and exit point is defined by techanical analysis by understanding the supply and demand
DeleteNice Post. Thanks for sharing.
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