Tag: position
Articles tagged as Position
How To Trade During A Consolidation Or Congestion Phase
Posted on January 21, 2023 by
Todd Marvel
When stock prices begin to move inside a certain range, falling to established lows and rebounding around established highs, talk with resistance, and fall again, the stocks are reported to be in a consolidation or congested phase.Most of that time period, typical consolidation patterns is seen, with common one being the rectangle pattern or sometimes called a cost "corridor" or channel.When prices begin to drop, traders get nervous and weak holders will sell their stocks so they will fall to a support level which other traders will look at a good price to get...
How Stops Help You To Make Money In The Stock Market
Posted on December 3, 2021 by
Todd Marvel
To earn money in the currency markets, setting stops can be an imprecise science and involves plenty of learning from your errors, but it can be an integral section of being truly a successful trader.An excellent analogy would be to compare stops to purchasing insurance for the business.In the event you avoid insurance altogether because you are not sure how much you will need, or since it can cost you just a little money? No...