Friday, January 24, 2025

trading strategy

A trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.

psychological phenomenon of Pareidolia

Beware of Pareidolia in Stock Market Trading

Pareidolia is a psychological phenomenon where people perceive meaningful patterns or images in random or ambiguous data. In the context of stock market trading, pareidolia can lead to false perceptions of market trends or patterns that do not actually exist....

What is Trading Range?

Trading range happens when there are specific security trades between consistent high and low prices in a period of time. Each range has support and resistance price. The peak of that security range offers the price resistant and the lowest...

Trading for A Living: Is It Enough?

Are you doing 'trading for a living?' Is it possible to make a living only by trading? Dr. Alexander Elder explains it to you through his best-selling book. While trading was often regarded as an impossible make-a-living option, it is...

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