DOW JONES kissed the 200 moving average and going down we might see some retracement on dow jones. Lets see --- I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
Iam posting some of the best phrases from successful people:
-All that matters is how you see yourself. If you see yourself as the king, with all the belts and everything, and no matter what no one else says, as long as you see that, and really believe in it, then that’s what’s going to happen
-If you believe in yourself and have dedication and pride - and never quit, you'll be a winner. The price of victory is high but so are the rewards. Bear Bryant -We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline, and effort. Jesse Owens -In order to excel, you must be completely dedicated to your chosen sport. You must also be prepared to work hard and be willing to accept constructive criticism. Without one-hundred percent dedication, you won't be able to do this. -Patience, persistence, and perspiration make an unbeatable combination for success -Trees and grass need time to grow, and therefore, they symbolize patience. We need time to achieve goals, especially big goals, and this requires patience. ... If we are too impatient, desiring to have immediate results, we might be disappointed and quit our goals. -Courageous persistence is the one quality more than any other that can guarantee success. ... The definition of persistence is the quality that allows someone to continue doing something even though it is difficult or opposed by other people. -Doubt is only removed by action. If you’re not working then that’s where doubt comes in.” -I believe in myself so much that nothing is going to stop me -There’s no talent here, this is hard work. This is an obsession. Talent does not exist, we are all human beings. You could be anyone if you put in the time. You will reach the top, and that’s that. I am not talented, I am obsessed -Approach ev
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