In Stock or commodity market, there are lots of methods to analyze stocks which make trading easier and profitable. But, unfortunately, most of the traders who trade in stock or commodity markets are not aware of charting and technical analysis or fundamental analysis. They are doing silly mistakes and such mistakes are the only reason to lose their money.
Once you start any business before that you always do analysis about the product which you want to make and about what you do full research about it. After getting a successful result on your analysis only you start a business and you get success because of the homework done by you.
In the stock market, we don’t follow the same concept. The stock market is not a place where you come and gamble. In gambling, luck is very important and we all know very well that luck never works all the time. A stock market is a place we buy and sell shares for getting profits. In short, I can say it is also a Business.
Once you start trading in the stock or commodity market, you must use technical analysis to analyze which stock can give you sufficient profits on your investments. Technical analysis is not as technical as it sounds. Simply a way to forecast the price of a particular stock by analyzing its current market price and previous movement. In technical but simple words we can say that “Technical Analysis is the way to find breakouts. Let’s find it.”
Nowadays, in the industry of the Stock market, traders use many indicators to forecast stock prices. Some most favourite and commonly used indicators are Moving Average, MACD (Moving average convergence divergence), Bollinger bands, RSI etc. These all indicators are capable to give accuracy about 50-60% in case of an arrow to arrow trade. Arrow to arrow means buy on up arrow and Sell on down arrow wise Versa. But if you use same indicators in Arrow to profit then you can have more accurate results.
All the above indicators are called trending indicators. Trending indicator actually gives signal late as compare to price action strategy. The indicator which works on price action works more accurate as compared to all other famous indicators mentioned above.
MCX Sure gain recently Launch one revolutionary Indicator for Stock or commodity market which is working with Price action and breakouts. The purpose of making such an indicator is to give traders better experience of trading and it is best for those who want to trade and earn profits on a daily basis.
Nowadays, more than 70% of traders are intraday traders and on-demand of many traders we have created the system called “EAGLE trading System”. Eagle trading system is the exclusive, user-friendly and highly profitable trading system for stocks and commodity market.
Purely Intraday Based Indicator: Eagle trading is purely intraday trading system. We make the indicator for intraday traders only. In this indicator, you will get signal for the day trading purpose and you don’t have to carry the position for next day so that you will get rid of the unwanted risk of carrying the position for Next day. We all know that most of the traders in India wants to trade on Intraday based and so that we made the indicator on demand of the day traders.
Take Your First Steps to Becoming a Smart Trader!