What Is Stock Trading?

 (Disclaimer: AB’s blog assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this blog is provided on “as is” with no guarantees of completeness, accuracy, usefulness or timeliness. Speak to a qualified financial advisor for financial advice).



I've been learning about stock trading since summer 2024. At first it seemed very complicated but with time I'm beginning to understand it. One of my first lessons was about Naked Price Action. NPA tells you what the price is going to be at any given time. I'm also learning about "Bullish" and "Bearish" candles. A bullish candle shows that the price of the stock has increased over time and they are code colour blue or green. A bearish candle shows you the opposite, it shows that the price has decreased over time and they are always red candles.

The opening of a "Bullish" candle starts from the bottom of the candle and finishes at the top. The opening price of a bearish candle starts at the top and closes at the bottom. The best time to trade is when you see s repeatable side pattern and always place a stop loss for every trade you make. Minimise your risks by placing 1 to make 2 or more. 

There are three types of trends:

An uptrend, downtrend and sideways trend.



Stock Trading
An uptrend has a repeatable wave pattern. When you trade on a repeatable side pattern the chances of your profits going up are 50% more likely. On a side trend the support and resistance are very clear. Resistance is when the price tends to move up and when it reaches a level it stops and goes back down. Support is when the price goes down hits a level and changes direction.

Uptrends are defined by higher highs and "higher" low's. To identify a down trend there needs to be two lower highs and 2 lower lows... to be continued

The reason I'm writing what I love doing in my free time is because I'm learning with the Feyman Method.




Feynman Method

The Feynman Technique is a four-step process developed by Richard Feynman to learn any subject—no matter how hard or complex it is. This technique rejects memorizing facts without understanding their meaning and favors true comprehension through selection, research, writing, explaining, and refining. I will make a post on study methods in the future.

 Let me know if you're interested in trading and if you'd like to know more on the subject. If I'm missing anything let me know in the comment section below  


Would you like to support me through college? I am an affiliate marketer for brands. You can click on the link below 👇🏾 to find out which brands I promote :

https://annaisackah.blogspot.com/p/cosmetics.html?m=1


Are you 16+ and would like to make from £50 to £100 a day off social media? Are you a makeup artist, content creator, or influencer and want to make money doing what you love click on the link below 👇🏾 to apply!

Apply Here


Author: AB


Comments

Popular posts from this blog

Story Time

How Has My Relationship With My Parents Changed Since Exams ?

Press Release From Your Favourite Parents