Real Stock Market Trading Learners Community. #DayTrading #Index #Psychology #EMATrading #PriceAction #Trend - Objective is to Make You An Informed Trader 😎
Traders first priority is to take a trade basis the trend. Trend in simple terms means, following the direction of the Market.
Which also means, being with the forces who create the direction, who drive the prices, who move the market, SmartMoney.
What is Smart Money ?
Traders Small or Big who buy or sell in large quantities and have the money power to play with prices by buying or selling at important price points.
They decide if the Price is Undervalued for a Buying Opportunity or Over Valued for Selling Opportunity.
Dec 31, 2018 • 15 tweets • 4 min read
#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.
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.
