About: lishitong

When trading, the two most common and dangerous emotions are fear and greed. Fear and greed can ruin even the best trading strategies. A single moment of fear or greed and lose your months of hard-earned profits. Having discipline and keeping your emotions under control is an invaluable skill in trading. Greed is trying toContinue Reading

Traders believe that the underlying theory behind chart patterns is that various shapes, or patterns, repeatedly show up on charts, and highlight various trends that can present trading opportunities. The most common chart patterns are: Symmetrical Triangles Ascending Triangles Descending Triangles Double Top Double Bottom Head and Shoulders Reverse Head and Shoulders Symmetrical Triangles AContinue Reading

Understanding technical analysis and the dynamics of price movements is crucial for traders and investors in the fast-paced world of the financial markets. This is where technical analysis comes into play. By examining historical market data, technical analysis empowers individuals to decipher patterns and trends, enabling them to make informed decisions about buying and sellingContinue Reading

When formulating a trading strategy, traders employ various tools that can be broadly classified into two types of analysis methods: technical analysis and fundamental analysis. Although there are differing opinions on each approach, there is no definitive answer as to which trading strategy is “superior.” Each analysis method has its own advantages, and traders tendContinue Reading

Content: What Is Forex Or The Foreign Exchange? Example Of Forex Trading When Is Forex Traded? What Are Quotes In Forex Trading? How Do You Read A Forex Quote? Understanding What Is A Pip And A Lot Explaining The Bid, Ask And Spread In Forex Trading What Does It Mean To Go Long Or ShortContinue Reading