Trading views!

  WHAT IS SUPPORT?  • Support is something that prevents the price from falling further.  • The support level is a price point on the chart where the trader expects maximum demand in terms of buying) coming into the stock/index. Whenever the price falls to the support line, it is likely to bounce back. The support level is always below the current market price. • Support levels can be visualized using different technical indicators or simply by drawing a line connecting the lowest lows for the period. The rationale is that as the price drops and approaches support, buyers (demand) become more inclined to buy and sellers (supply) become less willing to sell. WHAT IS RESISTANCE ?  • The very term resistance in the stock market; suggests something of a kind of a barrier.  • Resistance is the price level wherethe probability of the price moving above the level is much lower than the probability of the stock meets a price barrier and falling lower.  • Resistance is one of the criticaltechni

  BACKTESTING A "MUST DO" FOR EVERY TRADER Backtesting is a process where a trader assesses how a strategy would have performed in the past. During backtesting, the trader follows strictly all strategy rules to get an objective view on the performance to see if something needs to be changed.

 DPO DIRECT PUBLIC OFFERING The company is not required to use underwriters.  Saves money for not using underwriters. Investment banks and financial institutions that act as underwriters may be costly, they help ensure that federal regulations are followed. It chooses to raise cash through a DPO,its corporate team is responsible for making sure federal regulations are followed IPO INITIAL PUBLIC OFFERING The company uses services of intermediaries called underwriters. Have to pay fees for Underwriters. Regulated & stable because the underwriter buys the shares, the company gets the cash immediately upon completion of contracts. This allows the company to put that money to work much more quickly.while the underwriter worries about selling the shares.

  THE WYCKOFF METHOD :-Work on getting a broader understanding of the market. This will identify markets likely to trade higher,lower, or sideways. :-Once you understand the probable direction,identify stocks that have historically followed the same trend. :- Use point-and-figure charts to identify potential investments that have an early-stage accumulation or re-accumulation. :-Look for a stock's readiness to move, indicated by trading ranges and instances of stock accumulation and re-accumulation, distribution, and redistribution. :-Time your investment plans to benefit from a broader market trend change. Then,implement stop-loss limits and follow the stock price until the trend changes.

  BEST BOOKS PDFS ON TRADING AND INVESTING 1. THE INTELLIGENT INVESTOR 2. LEARN TO EARN 3. RICH DAD AND POOR DAD 4. A RANDOM WALK DOWN WALL STREET 5. HOW TO MAKE MONEY IN STOCKS 6. THE DHANDHO INVESTOR 7. THE WARREN BUFFET WAYS 8. BEATING THE STREET 9. THE LITTLE BOOK THAT BEATS THE MARKET

  5 USEFUL POSITION TIPS FOR TRADING • USE FUNDAMENTAL UPDATES TO GAIN A STRONG UNDERSTANDING OF MARKET DIRECTION • ONLY USE KEY LEVELS THAT PRICE HAS RESPECTED FIVE OR MORE TIMES AS SUPPORT/RESISTANCE • USE RISK/REWARD RATIOS OF 15 OR HIGHER • USE THE 200 EMA TO HELP DETERMINE TREND . CONSIDER THE BUY & HOLD METHOD FOR BULLISH INDICES AND CRYPTO

  FIBONACCI NUMBERS There is a special ratio that can be used to describe the proportions of everything from natures smallest building blocks such as atoms to the most advanced patterns in the universe. Financial markets also conform to this Golden Ratio. A Fibonacci sequence is derived by simply adding two preceding terms. (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144.....) The important point in this is that the ratio of one to the next is roughly 1.618 and the inverse is 0.618. Everything in nature adheres to this ratio, including dividing our height from our head to our toes by the distance from our belly button to our toes we get 1,618.

 5 KEY EVENTS EVERY TRADER SHOULD KNOW EVENT 1.MONETARY POLICY- EVERY TWO MONTHS 2.INFLATION - 2ND WEEK OF EVERY MONTH 3.IIP(INDEX OF INDUSTRIAL  PRODUCTION) -EVERY MONTH (ALONG WITH INFLATION DATA) 4.BUDGET - ANNUALLY (LAST WEEK OF FEB) 5.CORPORATE EARNINGS - EVERY QUARTER THESE ARE THE MAJOR EVENTS WHICH EVERY TRADER SHOULD BE AWARE OF

 DAY TRADING BASICS . CUT YOUR LOSSES. . CONTROL YOUR EMOTIONS. • FIND YOUR STRATEGY. • PRACTICE PAPER TRADE. .SET RISK/REWARD. • DON'T GO ALL IN. . AVOID FOMO . TRACK TRADES • BUILD A WATCHLIST • DON'T FOLLOW OTHERS. • PROTECT CAPITAL

  Jesse Livermore's trading rules from 1940 . 1. Nothing new ever occurs in the business of speculating or investing in securities and commodities.  2. Money cannot consistently be made trading every day or every week during the year.  3, Don't trust your own opinion and back your judgment until the action of the market itself confirms your opinion.  4. Markets are never wrong — opinions often are.  5. The real money made in speculating has been in commitments showing in profit right from the start,  6. At long as a stock is acting right, and the market is right, do not be in a hurry to take profits.  7. One should never permit speculative ventures to run into investments.  8. The money lost by speculation alone is small compared with the gigantic sums lost by so-called investors who have let their investments ride.  9. Never buy a stock because it has had a big decline from its previous high.  10, Never sell a stock because it seems high-priced. 

  DOUBLE BOTTOM STRATEGIES : In a downtrend. the stock sells off and find  support at point A Then the price moves  up to point B and can't keep the uptrend'  selling off to point C holding support of  Point A and begins to go up again,  c Stop Loss  This is when a potential double bottom  reversal is setting up.

  Technical Indicator Road Map:   MACD  - Price swings  RSI -  Overbought/Oversold  Bollinger Bands - Trading Range  ATR - Volatility  ADX i -, Strength of a trend  Keltner Channels - Extension from  the mean  Moving averages - Trend direction  What else would you add?

Pyramiding into a trade :  Don't take the full position at once  Maybe buy 25% on the initial signal  Add another 50% on a confirmation  of the signal  Add another 25% on the follow  through of price action  Build your position 1 step at a  time,add to winners & losers are cut  short 

  YOUR BRAIN IS A  SUPER COMPUTER  UPDATE ITS SOFTWARE   • Books  • Podcasts  • Experiences  PROTECT ITS BATTERY  • Eight hours of sleep  • Connect with nature  • Technology detox  CLEAN ITS HARD DRIVE  • Meditate  • Journal  • Positive self talk

proper Position Sizing Cheat Sheet   Position sizing isn't random. It's calculated based on ACCOUNT RISK (AR) and TRADE RISK (TR).  A formula controls risk so we know exactly how many stocks, futures contracts, or forex lots to buy on a given trade. There are many ways to calculate position size. Here are a few simple ones:  Fixed % Risk Method  Step 1. Choose an AR% you wish to risk on a trade. 2% or less. or less is preferred.  Step 2. Covert the to AR$, based on your account size.  ARI% on $10,000 account means you can risk/lose up to SIOO/ trade.  Step 3. Determine TR$, This may vary by trade; it's the difference between the entry and stop loss (SL) price. The SL is the exit point if the price doesn't move in the expected direction.  • Entry at $15,SLat $14.25, means TRS is $0.75.  POSTION SIZE AR$ / TR$ - $100/$0.75 - 133 shares.  Fixed S Allocation Method  Step 1. Choose the maximum number of trades you want to allocate your total capital to. If you choose 5, each

  Moving Average road map:        5 day EMA- Strong Momentum        10 day EMA - Short Term Trend        20 day EMA - Pullback Support        50 day SMA - Uptrend Defense Line        100 day SMA - Big Price Dip        200 day SMA - Bulls last stand in                       uptrend, bears in downtrend       250 day SMA - Value Zone