Patterns for Profit Free Webinar
Nifty had a volatile month in March producing a range of close to 900 points. This wide range gave us ample opportunities to profit . We would like to ask you how many trades that you took were profitable. The reason why we are asking you this question is that avenues for profit are many but seldom do we realise the full potential of the trade or investment available to us.
Do you face such situations regularly ?
Don’t worry you are not alone. The problem that is plaguing you is inconsistency.
Why is consistency in stock selection so significant for investors and active traders? You’re never going to time a stock from bottom to top, perfectly. It’s nearly impossible to do.
To be a successful trader or investor, you should be following these three fundamental concepts… ones that I always follow –
1. Spot stocks that are in the middle of a short, but powerful, up-burst: This can take place over a few days up to a few months. These swings usually occur based on investor behavior and NOT earnings or revenue projections. However, this does not mean you identify these stock bursts with the “eyeball test.” As you’ll see in a moment, there are some all-important technical indicators you should follow as well.
2. Wait for the pile-on: When investors or traders, namely major investors, start throwing money at a stock, it’s a VERY good indicator that something is ready to happen.
3. Don’t overextend: Trading is all about exiting at the right time In order to remain successful in the game, you must avoid staying in a position too long. And by setting target price exits, you know two things – a) how much you’re looking to make and b) when you’re going to exit a position no matter what. Not only does this help you regulate your trades, but it also serves the important function of saving you from disastrous losses.
How can this be achieved? Is it really possible in these volatile markets to get the ideal entry and exit..?
The answer is YES. Through the lens of Technical Analysis one can spot opportunities .Technical Analysis speaks to everyone through various sets of chart formations. These chart formations are called patterns that tell the markets the probable course of events Attend our program on Chart Patterns and get to know this fascinating world of Technical Analysis by attending this webinar.
- Lectures 1
- Quizzes 0
- Duration 1 hours
- Skill level All levels
- Language English
- Students 147
- Assessments Yes