Victorial
Active member
The list of indicators is almost endless. One cannot combine all the indicators and trade and that is why one needs to get better with the ones you choose to use and the meaning of candlesticks patterns must be known. Looking at a stock chart displayed on a trader's terminal will include lines, candlesticks all over. Both tools are there to help a trader analyze the price movement of a security. Indicators help in buying, selling, confirming trends, and sometimes, predicting trends. These tools are of two types; the leading and lagging indicators.
A leading indicator leads the stock, meaning it gives signals before a new trend will begin, while a lagging indicator gives many false signals. Yet, traders must know that none of them is accurate in knowing price moves.
How many lagging and leading indicators do you know and use?
A leading indicator leads the stock, meaning it gives signals before a new trend will begin, while a lagging indicator gives many false signals. Yet, traders must know that none of them is accurate in knowing price moves.
How many lagging and leading indicators do you know and use?