2ideas4stocks – Book review

2ideas4stocks – Book review

stock trading
Stock trading is the toughest job to do and it eats your time. With technical analysts creating new stock formula every month and there is a lot to learn. But every technical analyst forgets that each formula is created above the psychology of trading and no AI can replace the manual stock trading with proper money management skills. What should you learn to make profits every week? This would be the answer and it's chart patterns! Price action works all the time and there is no tools needed to trade. There is no need to purchase fancy high priced trading system except the two ideas in this book. Keep your trading routine simple and you are happy with profits. don't add too much technical indicators and they don't work anymore…
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The Definitive Guide to Forecasting Using W. D. Gann’s Square of 9- review

The Definitive Guide to Forecasting Using W. D. Gann’s Square of 9- review

stock trading
This is one of the top books on Gann trading used by many traders. This is the easiest and most widely used trading technique. Fibonacci levels and Gann levels work on any market whether it is stocks or commodity or future. The stock values based on numbers and they have particular vibrations. Support and resistance of any stock can be found using this methodology. Although volume plays its part and stock picking is another task which you must consider. W.D.Gann has well researched the market than anyone else. At one point of time, his courses were costly and said to be around 5000$ for coaching his principles. Gann theories work in intraday and weekly time frames as well. Many authors have researched his works and made numerous books for the…
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Trading stocks for living

Trading stocks for living

Basics, stock trading
How to day trade stocks for living? Stock market is where you can make the most of your money. Comparing with gold and other metals, the returns from stock market is splendid. If you are a day trader, you can make from 3 to 5 percent from stocks daily. The most important thing is to find the stock trend for the day. It may go up or down depending on the trader's behavior. What are the factors that decide the trend and how to make the most of stock market. How to get more returns than other investments? News is the solid factor that you must consider to make a killing at your stock trading. Without news or rumour, levels especially the fibonacci levels never work. Observe the news in…
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One Trade Per Day

One Trade Per Day

stock trading
Stock trading is easy if you understand the basics. Support, Resistance, volume are the three things to see in a chart. The chart patterns are also important when it comes to trading. Never be greedy, make one successful trade in a day than sitting before the terminal for the whole day. The amount of time you are sitting on desk makes your energy lost. You will not be sure to make decisions at the right time! Stock trading has to be approached with the complete relaxed mind. The best known technique which works all the time is finding the first hour high and low. when the market opens, wait till 30 mins after open. The price would make high and low patterns, this is your support and resistance level. this…
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Develop confidence to trade daily!

Develop confidence to trade daily!

stock trading
Have a plan to be successful in the world of competition. I use my time 7 am to 8 am to read news from the top financial portals. News is the base for the result that market gives us back. Either the bull wins or the bear wins end of the day. If you don’t prepare and be more enthusiastic, you definitely lose the day’s gift. Lot of traders never trade in less quantity and worry about the bad trades they made on Friday. Avoid thinking about the past, it always a lesson not to do again. To gain confidence, one way is to invest less money and keep reading the charts. In the technical world of stock market, it is always about support and resistance. Volume determines the way…
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Start trading in 1 hour – support and resistance

Start trading in 1 hour – support and resistance

stock trading, Uncategorized
We are always confused to trade and can’t make decisions when we sit before the terminal. One advises me to buy and another advises me to sell. What would I do now? Confidence in trading the right stock at the right time is the key to profits. How can we find the right stock? How can we find the right time to buy or sell? Start reading in 1 hour, just keep reading this article. We are always clueless about the timing and lot of us does fail. The stock market doesn’t follow the small players or small investors. It depends on only the huge investors and traders who make a killing in huge quantities. Only when you take decisions similar to the rich and big traders, you can make…
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Top 10 books To read for Traders/Investors

Top 10 books To read for Traders/Investors

Investing, stock trading
Trading stocks?investing stocks is an art which has to be mastered every day to be skillful. As time keeps changing , the psychology behind trading also changes. Back in the days, there were less volume and now everyone wants to make quick money.  The idea of investing/trading never change and it's good to read the following books to become a better trader/investor. Intelligent Investor  :  This is considered to be one of the best books on investing. It will take a long time to understand the terms included in the book. we are not going to gamble and add stocks, we are going to find the ultimate reason behind why we buy a particular stock. Stickky charts :   if you are into trading , then this book should be in…
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NEWS is the ultimate key factor

NEWS is the ultimate key factor

stock trading
Stock traders are more in number these days and everyone knows about the stock trading fundamentals or the stock technical analysis. Think about the success ratio? Are all stock analysts success, there is no consistent profits week after week. We are always thinking about the amount of money that we would get from stock market but we ignore the Hard work behind it. What is the simplest way to make money then? There are numerous methods out there and find the best one among them. Just follow one method and stick to it for the rest of your trading career, because the buy and sell signals differ from many technical tools and sometimes it may not even work also. Find the markets talk and what does your broker say? Trading…
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How to trade or invest in penny stocks?

How to trade or invest in penny stocks?

stock trading
Penny stocks are one of the best ways to make money through stocks. How do find the best ones from the list of penny stocks? There could be plenty of stocks, which can make or break your account. Stock analysts would break their head with this. Because if you hold stocks for long term say 10 years then you can be a millionaire or even billionaire. To trade or invest in penny stocks involves a lot of skills like picking the best stocks, knowing the company's history, understanding the risk, how much money to risk? if you want to create your own trading system, you can start here When it comes to penny stocks, it reminds me of Jim parsons from big bang theory knocking his neighbor’s door saying “Penny…
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Creating your own trading system

Creating your own trading system

stock trading
Creating your own trading system is a complicated task and there are many trading strategies viz., Trend following system, EMA system, and counter trend system. You can use the five day high price and five day low price as your strategy. The breakout or breakdown depends on volume; we should be sure about the trend to trade the opportunities. If you are looking for beginner tutorial, then this is it. Trading must be your passion and you should be happy to trade every day. Habit makes one a successful trader. Genius with no roadmap will fail ultimately while an average person with definite steps would move towards their goal. To achieve financial success, you must train your mind and it is not possible in one month. It is a long…
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