Reblog: 8 Price Action Secrets Every Trader Should Know About


Price action is among the most popular trading concepts. A trader who knows how to use price action the right way can often improve his performance and his way of looking at charts significantly. However, there are still a lot of misunderstandings and half-truths circulating that confuse traders and set them up for failure. In this article, we explore the 8 most important price action secrets and share the best price action tips.

#1 Support and resistance zones are better than levels

Support and resistance is probably the most popular price action concept, but only very few traders can actually make money with it. The reason is often very simple, although it’s not as obvious at first glance.

Most traders just use single, horizontal levels when it comes to trading support and resistance which look great in hindsight but fail during live trading. The reason is that singles lines are no effective way of looking at price movements. Creating support and resistance zones is much more effective when it comes to understanding price.

The screenshot below shows that the trader who just uses a single line either misses trading opportunities when the price does not reach his lines. Or he gets thrown out during volatility spikes; the trader who uses zones instead can filter out the noise that exists in the zones.

I hope that this concept doesn’t have to stay one of the price action secrets much longer and more traders will start using this technique.

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Reblog: Avoid These 7 Beginner Trading Mistakes


When you first start trading, the most likely short term outcome bar far is that you will blow up account.And then quit. But it doesn’t have to be this way! If you avoid these simple beginner trading mistakes then I guarantee that you will have a better shot at trading long enough to become consistently profitable.

Ninety percent of traders lose ninety percent of their money in ninety days. Or so we are told. No one really knows if that is true. Avoid these 7 beginner trading mistakes and hopefully you will avoid become a trading casualty statistic!

  1. Trading too large

Blowing up your account need not be inevitable. But if you insist on risking five, ten, twenty…even one hundred percent of your account on your first trade, I can almost guarantee you that you will eliminate your trading account long before the ninety days are up.

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Reblog: How to Master TradingView in Less than 20 minutes


TradingView charting platform has a ton of features that you can take advantage of.

You’ve got indicators, tools, watchlist, templates, chat, charts, ideas, scripts, and etc.

But the problem is:

You’d have to spend many hours trying to figure out how things work, and decide which features are relevant to you.

So…

Won’t it be great if you can learn how to use the most important tools that TradingView offers — without getting distracted?

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Announcing the launch of StockArchitect.com


Welcome to our blog. We are pleased to announce the launch of our website.

StockArchitect.com is an online stock market portal for people who trade in Indian stocks.

We at Stock Architect try to capture views of thousands of users, posting their opinions on social websites like twitter. We then try to aggregate all their views to give a consolidated output to the visitors of website.

The idea is to help people take an informed decision before buying a stock.

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