Note: Consistent success in financial markets requires a personalized trading strategy
*A method that specifies the type and amount of patience
*Entry and exit points
*Your customized psychology plan
*Risk management program based on your personality
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Trading Rules:
BUY RISING STOCKS AND SELL FALLING STOCKS:
There are very successful contrarian traders and investors in the world. Although you might become successful at going against the grain on the stock market, it is so much easier to just go with the flow.
When a stock moving in a certain direction it means that most of the traders have the same idea of where the stock will go. If the majority thinks the stock will go higher they’ll decide to buy. Which causes the price to rise and creating a kind of self-fulfilling prophecy.
Pick the stocks that are trading higher over time and you know that most of the traders involved believe the price will continue to rise.
Don’t make it harder for yourself to go against everybody. Instead learn to recognize the signs of when a stock starts to move so you can get in early.
In that way you can profit the most from the big move the stock is going to make.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.