To my way of understanding, technical analysis is the application of various forms of mathematical and statistical analysis to the study and description of the price movement of an asset
A friend of mine, frustrated at the pace of his progress, asked how he could gain and maintain momentum on his personal journey towards trading mastery. Here are my thoughts: I would start with the daily tasks of trading and get the procedural parts down.
We will use the Thinkorswim Scan function to help narrow the list of symbols to trade the next day. Our selection filter is to “find the movers” to avoid being chopped in and out of trades with non-trending stocks.
Experienced traders with different styles and different favorite markets and techniques identified what they thought were their best pieces of advice for novice traders.
If you approach trading as a business, and develop the plans and support structures necessary for any business to survive, you will have taken a big step forward in preparing yourself for the challenges of trading.
Welcome to our Articles Blog ! This blog is for educational purposes and will cover trading strategies and techniques in bite-sized chunks for you to follow along.
The Kata Challenge is a complete method of learning to trade. It introduces 3 basic patterns that are easy to identify, and gives a methodology for learning them in a safe way while getting lots of ‘stick time’ to build trading skills using the best simulator of all, the actual market