Disciplinedtrader101

- How the big players operate: Their psychology, motivation and objectives. For many traders the psychology of the big players is a mystery. The big players don't care about your stops The truth of the matter is that retail trader's stops don't factor on the radar of bank traders at all. In-fact professionals don't even see retail stops on an individual level, nor could they care less because the sizes are too small. Big players care about groups of stops That is not to say, professionals don't care about stops. Stop orders are very important to the institutional traders on an aggregate level - that is, they care about where large groups of stops are sitting. This could happen when, for example, a large number of retail trader's stops are sitting at the same level, or it could be where a corporate or fund has orders placed. Even though a bank trader only has knowledge of their own book, this grouping of stops is generally happening across a number of banks at th

  8 Chart Patterns In Technical Analysis Every Trader Needs To Know | Beginner’s Guide To The Stock Market | Module 11 Chart patterns are an important aspect of technical analysis, and even if you master one chart pattern and trade with risk management rules for a longer time, you can become a successful trader. So, here are the Top 8 Important Chart Patterns In Technical Analysis That Every Trader Needs To Know- 1.) Head and Shoulder Pattern This is the most important chart pattern in technical analysis. Head and shoulder patterns are reversal patterns, and they are generally formed at the market tops. In this pattern, the first left peak is formed which is called the left shoulder, and after that, price breaks the level of the left shoulder and immediately takes resistance from there forming the head of the pattern. After taking support from the neckline, the price again tries to go up further, but it takes resistance from above levels forming the right shoulder, and then it breaks t