Summary from the book "The Master Swing Trader" by Alan Farley Price bars expand rapidly into a climax through rallies and selloffs. Then congestion sets in annd volatility drops as bar range
Nifty remains in a narrow range. This range is getting narrower by the day. Markets that are in contraction tell us that soon enough, a big breakout / breakdown is
A breakout from a trading range offers trading opportunities to the Swing Trader. Often, such breakouts begin with a gap. Traders should treat gaps with respect. Gaps provide sufficient power
Richard Russell, in his excellent book on Dow Theory, says: The trend of the market is determined as follows: successive rallies advancing above previous high points with ensuing declines terminating
This is a worth reading article from Business Insider. The five worst investing mistakes are: 1. Trading Too Much. 2. Scrambling to overcome losses. This means selling profitable stocks to pay
Login
Sign Up