REGIME CHANGE: When market shift from one Phase to Another, tools used to trade in one phase may or may not work in another phase. For this purpose we
We will have a look here for different ways to detect a trend reversal. For a better understanding we are categories these into 3 ways. PRICE INDICATOR VOLUME Let us
Representativeness: Decide that a small sample represents the bigger picture. Tendency of people to predict unlikely events. Availability bias: estimate probability of event with the ease that we remember it.
All Traders use Models Novice - The trader works on his gut feeling. Reasons for trading are purely in his head. Discretionary – Majority – The Trader marries gut driven