What are the key elements of successful stock trading?

Stock trading is complex and risky. There is much information to digest. Sometimes the information can present conflicting conclusions. There is much need to make the right decisions.

It is a daunting task to wade through the myriad of strategies and methods associated with stock trading. There is fundamental and technical analysis to consider. There is much to research in terms of company news and performance. There is a variety of technical trading techniques to investigate.

There are various timeframes for stock trading. Some employ a buy-and-hold strategy spanning years. Some engage in day-trading. And there are many who select trading timeframes between those two options.

Why do people participate in such a challenging endeavor with such high risks? One answer may be that the rewards can be high. With the appropriate level of research along with practice and experience over time, stock trading can be rewarding. However, each person has to evaluate the risk level to achieve a particular reward, commonly referred to as the risk-reward ratio.

How do people proceed to be successful with stock trading? The basic prescription for success involves preparation, practice and execution along with management of risks and expectations. Consult the wealth of information that is available on the web and in printed material.

Let's consider a technical analysis technique as guidance for trading decisions. With no intention to trivialize the complexities of trading, it can seen that if a trader gets the direction of the stock right, the trade will be successful in yielding a profit.

Candlestick technical analysis provides a good method for following the trend. If the trend or direction of the stock movement can be followed, then that should lead to profit producing trades.

Whether you are a beginner in stock trading or an experienced trader, engaged in short-term or longer-term trading, Ctabs provides a trend following method based on candlestick technical analysis to provide you with a powerful tool to make the correct decisions to execute winning trades on a consistent basis.

Page 1 of 15
  Previous
  Next
More you might like

What Do Candlestick Patterns Indicate?

This article covers what candlestick patterns indicate as it applies to trading decisions.

State of the Economy and the Stock Market Outlook

This article examines the state of the stock markets as economic conditions transpired over the past year and how to deal with the outlook for recovery.

Impact of Personality Influences on Stock Trading

This article examines the impact of personality influences on stock trading activities and what can be done to control such influences on stock trading.

Trading on Support and Resistance plus Trend Reversals

This article examines the technical analysis indicators for support and resistance and trend reversals. Knowing how to identify and apply these will translate into a valuable tool for your trading success.

Trading Research in Motion post Q1/2009

This article covers my observations on the trading of Research in Motion. With its huge rise leading up to and following the latest earnings announcement, where is the stock headed in the near term?



Visit igtsoft.com for
your photography needs.

Luxury Boat



Intellectual property has the shelf life of a banana. - Bill Gates