TRADE HEAD AND SHOULDERS PATTERN

Let’s discuss about a chart pattern called as H&S pattern. Here we will learn, how to identify, understand and trade the H&S pattern. Now to give you a brief about the head and shoulders pattern, these are actually formed at the tops and bottoms of a reversal. So basically these are reversals chart patterns n…

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Reference Sites

The reference sites are mentioned to make sure that they can be helpful to you while you trade in the live market. It has various information pertaining to details like the current market condition, the current news that can move the market, how the various indices are performing, what are the large/bulk deals that have been executed, etc. Also the page contains some web site details that can help you in analyzing the end of the day charts so that you can prepare the stock list for your next trading day.

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Trading Disciplines

These are the guidelines that should be followed while trading the market. It is very important to have your own rules and follow a disciplined way of planning and executing the trades. Most of the traders miss or avoid following these, as a result of GREED and FEAR, which in turn makes them vulnerable to losses.

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Discount Brokers

Discount brokers are a group of new wave brokerage houses, that provide low cost brokerage rates for the trades that we do. They are very helpful when it comes to Intraday Trading as the brokerage cost is decreased and we can save a good lump of profits that we make. Also, please be careful while choosing the discount brokers, as the brokerage rates also differ from one broker house to another. They also differ with the kind of services they provide such as the chart reading platforms, the trade execution platforms, etc.

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