Search these on YouTube
1 How to read candlestick patterns
2. Price action
3. Trading strategies
4. How to use Indicators while trading
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Just luck no skill ;)
Posts
Trades
Stocks
You can expect returns in the range 5-20%
However there’s still a high risk of losing money
People who buy stocks at high prices might be expecting it to rise even higher.
Everyone has their own strategies. And the price changes are a result of these different strategies.
1) watch YouTube videos on
i. Price action
ii. Trading strategies
iii. Indicators
2) Practice paper trading until you feel confident
3) Enter the market when you’re ready to make profits
The volume of trades is higher in the first few hours and the market is more predictable
Taking more trades for a lesser return can actually help you make higher overall returns than waiting for a good chance to get high returns
100 trades - each 1% return
Is better than 5 trades with 10% return
Indian Market : FrontPage
US market : Webull
Forex & Crypto : TradingView
Do paper trading for now, you won’t lose money
When you get confident you can start trading
1. Use strategies (Breakout, range, etc)
2. Use indicators
3. Analyse price action & volume
15 minutes
But if u want to go for more and more trades and take more risk you can try 1 minute
Trading is patient people taking money from impatient people 🙃
If you spend 6 hours you can make from 1,000 to 10,000 depending on the risk
Analysing is the only way you can make money
It’s not that difficult to master it tho and gives a lot in return :)
Analyse the markets for a while and start trading at 10:00
It takes some time to identify the correct trend or range
Range trading and breakout strategy work well for day trading in sideways markets.
Trading lab
Trading lab
There are many videos explaining different Trading strategies in detail watching them might help you.
Backtesting and practicing using paper Trading can help you learn from mistakes and build your confidence for Trading
All the best for trading bro :)
You can use Bollinger bands, RSI and even MACD