Every year when preparing for the annual ChartPattern.com stock trading conference, I have a chance to look back on which trades worked best over the past year and what trends are emerging for the year ahead.
Traders love military metaphors: they keep copies of “Art of War” on their bookshelves and talk about attacking the market. And, they need to keep some powder dry.
Almost any trader with some experience has heard the trading maxim (or rule) “Don’t try to catch a falling knife…” It usually refers to buying a market falling in price and alludes to how dangerous it can be to try to get positioned when a market appears to have a lot of potential to continue moving lower.
Ever wondered if you have what it takes to be a really great trader? Your answer may be just around the corner.
Traders and analysts have been developing market indicators for decades. Many of these indicators are simply measuring the same idea in only a slightly different way since most indicators are based on the same limited amount of market information.