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trading

Swing Trading Strategy Using Price Action

Trading education (intermediate), Trading Education(Beginners)By The Prolific TraderJuly 3, 20211 Comment

It is subjective to determine what is “best.” Swing Trading Strategy is most useful statergy for swing traders. The reason I like this swing trading strategy so much is that it allows me to take advantage of some explosive stock trades. Many stocks tend to display a common pattern of price movement before they rally…

What are Support and Resistance?

What are Support and Resistance?

Trading education (intermediate), Trading Education(Beginners)By The Prolific TraderJune 19, 2021Leave a comment

Support and resistance are not precise numbers. They refer to a price zone, as illustrated in the above graphic. There is more of a support and resistance zone to monitor than there is a specific price to track. A price area’s support or resistance level has both the upside and downside multiple times. The longer a…

What Are Cyclical Stocks

What Are Cyclical Stocks?

Trading education (intermediate), Trading Education(Beginners)By The Prolific TraderJune 19, 2021Leave a comment

What Are Cyclical Stocks an d how they work ? It is the common question that rises in the trader’s mind. A cyclical stock is a stock that’s price is affected by systematic fluctuations or macroeconomic in the general economy. This stock typically moves up or down in the investing world depending on the upward…

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