For a day to be considered a distribution day, the stock not only has to end down (net $ change), but there also has to be more volume (total shares traded) than the day before. Remember too that, like accumulation days, the volume not only needs to be greater than the day prior,...
Navigating the world of stock trading can be daunting for beginners, but understanding how to read stock charts is a fundamental skill that can demystify the process and enhance your trading decisions. Stock charts provide a visual representation of a stock’s performance over time, offering critica...
The only way to avoid being manipulated is to look closely at data and make decisions based on that information. Learn More: Stock Market for Beginners I’m Lazy and Beat The Stock Market How to Read Stock Charts Now that you have a basic understanding as to why you should use stock ...
Now, the close price is significant information to look at. If the stock closes above the previous close, you can expect an upward movement for the stock. On the other hand, if the close price is below the previous close, you can expect a downward movement in the stock price. Looking a...
Traders use candlestick charts to see the open, high, low, and close of a stockover a time frame. The body of a candlestick chart further allows you to know how a stock closed relative to its open. It is typically colored red for down days and green for up days. ...
Candlesticks 101 – First Lesson in How to Read a Candlestick Chart Written by HTMW Team The most basic skill needed for investing is the ability to read a stock chart and then understand how that data can aid your investing success. One of the biggest mistakes of today’s investors is...
A beginner's guide to the stock market Description: A step by step introduction to the stock market that answers the basic questions beginners need to know the answers to before starting to trade or invest in the markets...read more about Shares Made Simple View...
Basic stock analysis for beginners Getting down to fundamentals (and technicals). Written byDan Rosenberg Dan Rosenberg Dan is a veteran writer and editor specializing in financial news, market education, and public relations. Earlier in his career, he spent nearly a decade covering corporate news...
Candlestick charts Japanese rice traders first usedcandlestick chartsin the 18th century.8They are visually more appealing and easier to read than the charts above. The upper portion of a candle is for the opening price and highest price point of a currency, while the lower part indicates the ...
For example, the EUR/USD would be a currency pair for trading the euro against the U.S. dollar. This is straightforward, but the market lingo comes fast at beginners and can quickly become overwhelming. Assets traded in FX include currencies, contracts for difference (CFDs), indexes, ...