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#Chapter1
How does one Make Wealth out of Trading ?
As for an my understanding goes, Trading is less 10% Technical and 90% Psychological.
Why Less Technical ?
Remember, Price is the Only Variable which keeps changing. The Change occurs due to change in the Human Behaviour.
How does one Make Wealth out of Trading ?
As for an my understanding goes, Trading is less 10% Technical and 90% Psychological.
Why Less Technical ?
Remember, Price is the Only Variable which keeps changing. The Change occurs due to change in the Human Behaviour.
Why Does Price Change ?
The Price changes, as the Fear and Greed of Humans change at Different Price Points. Some one buys for Rs.10 Profit and Some One Sells as He is loosing Rs. 5.
So when Greed and Fear hits its ceiling, the Price starts moving up and down.
This is SAR.
The Price changes, as the Fear and Greed of Humans change at Different Price Points. Some one buys for Rs.10 Profit and Some One Sells as He is loosing Rs. 5.
So when Greed and Fear hits its ceiling, the Price starts moving up and down.
This is SAR.
When Greed over takes, the Price Moves Up or Buyers Come in and thats SUPPORT and When Fear Increases, the Resistance comes in and People start selling, hence it becomes resistance.
In Stock Markets Nothing New Happens. One makes Money by looking at the Past behaviour at a Price
In Stock Markets Nothing New Happens. One makes Money by looking at the Past behaviour at a Price
