Category Archives: Trading Knowledge
The Psychology of Trading
Written on March 16, 2022 at 10:04 am, by wangwenshuai
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
Technical Analysis: Chart Patterns
Written on March 16, 2022 at 9:48 am, by wangwenshuai
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
The Basics of Technical Analysis
Written on March 16, 2022 at 9:35 am, by wangwenshuai
While Fundamental Analysis looks at the intrinsic value of an asset, Technical Analysis studies the cause of market movement. It is the use of statistical patterns to identify possible trends in a financial instrument. This is done by analysing historical prices and the price action of an instrument to determine future patterns. Technical analysis doesContinue Reading
