Comprehensive guide to technical analysis: Learning from book Technical Analysis of the Financial Markets” by John J. Murph

“Technical Analysis of the Financial Markets” by John J. Murphy is a comprehensive guide to technical analysis, covering a wide range of topics related to charting, indicators, and trading systems. Here is a chapter-wise summary of the book: Chapter 1: Introduction to Technical Analysis This chapter provides an overview of technical analysis and explains why … Read more

“Trading in the Zone” by Mark Douglas: This will change your psychological to be a successful trader.

“Trading in the Zone” by Mark Douglas is a book that focuses on the psychological aspects of trading and provides practical advice on how to develop a winning mindset. The book is divided into ten chapters, each of which covers a different aspect of trading psychology. Here is a brief summary of each chapter: Overall, … Read more

Five books that every day trader should consider reading

Here are five books that every day trader should consider reading: These books offer valuable insights and practical advice on how to become a successful day trader. However, it’s important to remember that there is no substitute for experience, and traders should always conduct thorough research and develop their own trading strategies based on their … Read more

How to Develop a Successful Trading Plan

Developing a trading plan is an essential step for any trader who wants to succeed in the markets. Here are some steps you can take to develop a trading plan: Remember that a trading plan is a living document that should be reviewed and updated regularly to reflect changes in market conditions, your trading goals, … Read more

Most common bearish candlestick Pattern

There are several bearish candlestick patterns that are widely used by traders in the Indian market. Here are some of the most common ones: Bearish Engulfing Pattern: This pattern consists of two candles – the first is a bullish candle and the second is a larger bearish candle that engulfs the first one. It is … Read more

This three Bullish candlestick pattern every traders should know

A bullish candlestick pattern is a pattern that indicates a potential bullish trend reversal in the market. Bullish candlestick patterns are characterized by a small or non-existent lower shadow, and a long upper shadow, with a body that is typically green or white. Here are some examples of bullish candlestick patterns: Traders can use bullish … Read more

Candlestick patterns

Candlestick patterns are a popular tool used by traders to analyze financial markets and identify potential price movements. A candlestick chart displays the price movement of an asset over a given period of time, and is composed of individual “candlesticks” that represent a single period of time. Each candlestick has a “body” and two “wicks” … Read more