Why You Need To Be Patient With Your Trade
Trading takes alot of discipline. Good traders always make a set of trading rules and stick to it. They have already calculated their exit positions even before trade entry. Planned trades always work out better than no-exit strategy trades. That said, most traders always end up breaking their own trading rules. More often traders will [...]
Bearish Engulfing Pattern
A chart pattern that consists of a small white candlestick with short shadows or tails followed by a large black candlestick that eclipses or “engulfs” the small white one. As implied by its name, a bearish engulfing pattern may provide an indication of a future bearish trend. This type of pattern usually accompanies an uptrend [...]
4 Reasons To Sell Your Penny Stocks
Penny stock is a stock that trades at a relatively low price and market cap. Penny stocks are generally attractive to retail investors who want to make a quick buck. A 10 cent increase on a stock worth $1 is equivalent to 10% returns. A 10 cent increase on a stock worth $10 is equivalent [...]