Hi all,
I had a query ..I have recently started learning charts after making huge losses ...
Which indicators are most used or best as per personal exp for swing and which are for daytrading I am unable to distinguish..Kindly help
Thanks in advance,
Raju
always specify in which category you are,is it equities or derivatives.
what ever,learn moving averages , macd,rsi,bollinger band and volume analysis...one really can not depend much on indicators only ..you should be able to analyse market sentiment,past and current news ..impact on company with news and also correlation of market index with the company shares you are trading in. ...also index levels. ..along with all time frame chart analsis.
if you can put all these together ..what ever be type of trading you take up, you will be able to handle it very well.
regards
suba