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Showing posts from December, 2019

stock market trading technical analysis(#identify trend)

STOCK MARKET TECHNICAL ANALYSIS (IDENTIFY TREND) TECHNICAL ANALYSIS IS VERY IMPORTANT ANALYSIS FORM FOR TRADING ANY SEGMENT OF OF STOCK MARKET OR CURRENCY MARKET OR FUTURES AND OPTIONS. The first step of technical analysis is to identify the trend. Because  even if you are very good at technical analysis ,butyou dont know how to identify trend ,then most likely the trade may go against your prediction most of the time. Because as a famous saying in trading world , "Trend is your friend".                Once a stock ,or currency is in trend , then it may continue in that trend for quite sometime.It's not like it just going to end abruptly. Most wise thing is to trade according to the trend.that way you go with the flow , instead of fighting with the market. There are instances, where fighting with the market doesn't go well for trader .               Being a retail trader ,we already in a weak spot. We  don't have that edge or large capital volume to dr