by Brad Zedler | Mar 4, 2015 | Active Trading, Investment Terms, Latest Articles, Stock Charts, Technical Analysis, Trader Educational Tutorials
The head and shoulders chart pattern is a classic pattern in technical analysis where it signals a reversal trend. It is one of the most well known patterns among traders. Just like the name implies, the pattern looks like a head with two shoulders. The head and...
by Tim Kright | Oct 29, 2014 | Active Trading, Investment Terms, Latest Articles, Trader Educational Tutorials
Definition of ‘Trend Following’ Also known as “trend trading,” trend following is a trading strategy which attempts to analyze the price movement rather than the fundamentals of the traded asset. Traders who use this strategy do not aim to...
by Brad Zedler | Oct 14, 2014 | Investment Terms
You should be aware of the major distinction between a “professional” day trader and a “retail” trader. The real definition of a professional trader is an individual who is licensed, has experience, and has a full-time position at a trading...