trends Archives - The Prolific Trader

Trading Habits of New Traders, Trading Mentality Of A New Trader, Never Give Up Trading

The 6 Most Expensive Trading Habits of New Traders

Expensive trading habits can result in big losses. Here are the 6 Most Expensive Trading Habits of New Traders: 1.Trading with no stop losses. You can’t control your profits, but you can control and limit your losses with a well-planned exit. When a trend turns against you and you start hoping instead of cutting your…

What is a Downtrend

A downtrend is a price move that results in lower highs and lower lows over the specified time period. When a chart transitions from an accumulation or range trading phase to a stage distribution phase, a downtrend occurs. A distribution cycle can occur as a result of short-sellers initiating bearish positions and long holders exiting…