Technical trading journey

In market, prices and trend are most important factors, and you must have ability to analyze them and to identify them to make profit out of it. Technical analysis study will definitely going to help with that. trends on charts

trends on charts

When you learn technical analysis efficiently then you can see trends on charts. If you are new comer in market then first learns about price charts. There are various charting techniques but most common are candlestick, bar and line chart. Most professional use candlestick technique to understand prices better and to analyze price patterns. Bar charting style is the same but it is old school technique and quite few professional traders uses it. Line charts are simple charting style and you might have seen many times your TV screens on business channels. Analysis colorful stock chart on monitor

Technical trading job

In technical trading, your job is to identify trend, go with them and pull some money from the market. In down trending chart, wait for reversal signal to buy. Buying at key reversal point is best entry and makes efficient profit for traders and also gives leverage of risk. It looks easy while speaking but not so easy in practical trading life. It requires lot of past experience. That why most amateurs fails or get losses while professional make money out of them. That why fresher’s must start with paper trading or with investing. Technical trading summary

Technical trading summary

Chart is working area for technical traders. Over the years many technical analyst and traders made numerous charting styles and indicators based on price and volumes which is graphical representation of market mathematics. In old days, chartist tend to draw prices of individual stocks on graph papers and then have to analyze them. This was bit time consuming and tedious job but now with the help of technology, this can be done in minutes. So to start a technical trading journey, traders must have a personal computer or laptop with internet connection and a good charting platform or software with this combine knowledge of technical analysis to trade in market.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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