Memory-Of-Price Strategy is a trading strategy that is set up on the assumption of the support and resistance points of double tops and double bottoms exert an influence on future price action after they have been broken. The thesis behind this setup is that it takes an enormous amount of buying power to exceed the value of the prior range of the double top breakout and vice … [Read more...]
meaning: automated screen trading
Electronic trading in stocks is an electronic trading system for the sale and purchase of securities. Customers' orders are entered via a keyboard; a computer system matches and executes the deals; and prices and deals are shown on monitors, thus dispensing with the need for face-to-face contact on a trading floor.this trading is done through visual display units. It makes … [Read more...]
7 mistakes of trading
there are many mistakes that we all do , whatever may be the reason is . may be we are beginners , or too over -confident , or risk taker anything. i m just jotting down 7 mistakes that have been a aprt of everyone's mistakes list over the time . MISTAKE ONE Lack of Knowledge and No Plan It amazes us that some people expect to trade the stock market successfully … [Read more...]