How Technical Indicators Drive Trading Success: A Comprehensive Guide

In the world of financial markets, success often hinges on making informed decisions. Whether you’re a seasoned trader or just getting started, technical indicators can be powerful tools to help you navigate the complex landscape of trading. In this comprehensive guide, we’ll explore how technical indicators work, why they matter, and how you can leverage…

7 Reasons Why So Many Traders Use Telegram

7 Reasons Why So Many Traders Use Telegram You’ve just started trading, and you’ve noticed something strange. All the other traders seem to use Telegram over other communication apps. You’re not imagining it; most traders prefer Telegram for several reasons. Traders use Telegram because it gives them more control in community chat rooms, enables bots…

Is Selling After Hours Considered a Steering Wheel?

Is Selling After Hours Considered a Steering Wheel?

After-hours trading gives you the flexibility of reacting to market news and taking advantage of price swings. Does this mean that after-hours selling is a steering wheel? After-hours selling is considered a steering wheel in the short term because it affects the stock prices between closing and opening bells. However, price movement during this time…

8 Reasons Why Stock Traders Use Multiple Monitors

You might have seen traders on the news, in movies, or in their office with up to six monitors. The first question you are likely to ask is whether all those monitors are necessary. It turns out that there are many valid reasons–and one that might not actually be valid–why stock traders need multiple monitors. …

Why Do Stock Prices Change Before the Pre-market?

Stock prices change for many reasons, and they can fluctuate greatly when trading volume is high. Oftentimes, prices change during normal trading hours, but these changes can also happen before pre-market hours. So why do stock prices change before the pre-market? Stock prices change before the pre-market because people can trade at any time of…

Is Fundamental Analysis Needed for Swing Trading?

Swing trading is a high-risk, high-reward form of trading that requires incredible patience and the ability to predict prices using a certain type of analysis. One of these is called fundamental analysis. But is fundamental analysis needed for swing trading? Traders use fundamental analysis for swing trading, but it is not necessary. Technical analysis is…