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BULL FLAG AND BEAR FLAG TRADING EXPLAINED
Price Action Patterns Bull flags and bear flags are among the most popular chart patterns and especially trend-following traders should study those common trend continuation patterns carefully to improve their chart understanding. Bull flags indicate a potential trend continuation of an uptrend, providing an entry point for long trades, while bear flags may foreshadow a downward…
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Automated trading: The future is now
Explore what’s in store for the future in automated trading. See how you can make the best of this fast-evolving aspect of online trading. Automated trading, affectionately known as bot trading, has become very popular in the last decade as trading technology advances. The increasing complexity of financial markets has also played a significant role,…
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Trading psychology: Why managing your emotions while trading is crucial
Though emotions greatly influence our decision-making, it’s best to take a rational approach when trading. Here are a few reasons why managing your emotions while trading is key. Prevents overtrading Overtrading refers to excessively buying or selling financial instruments. It occurs when a trader has too many open positions or spends too much on one…
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