Over the past couple of months we have learned various skills that would help us understand and appreciate the value of trading. We shall be stating five major lessons that we learned about trading and investing in the stock market this semester.
The first lesson we learned is that, trading and investing in the stock market is very time consuming. It is hard to balance work, school and constantly monitoring the stock market. Investing is much easier for us to do rather then trading on our agenda. Because of the lack of consistency in monitoring our stocks it was much smarter to look at the stock market in the investor’s point of view rather then the traders.
The stock market does not like uncertainty! We found it very difficult to follow the tren
The use of technical analysis is very important in trading and investing. We have come to understand many kinds of computer aided indicators such as Stochastic, MACD, Bollinger bands, and RSI. We also learned how to use different types of charts such as the bar charts and line charts. One of the most important skills we learned was how to read candlesticks. What I mean by this is that when we look at a candle aided chart, each specific candle indicates what the price was at that moment, and this helps us to predict what the future price or the trend will be. We also learned how to figure out how to look for trends that are occurring in the stock and how to draw trend lines.
ds shown by the stock market. This was due largely to the fact that we were trading during the war. It was hard for us to predict a bullish