Kaviarasan s
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Things must be known before start Trading
Market knowledge Understanding the market in which you want to trade, including its history, current trends, and key players. Market knowledge is a crucial aspect of successful trading. It involves understanding the market in which you want to trade, including its history, current trends, and key players. Some important components of market knowledge for traders include: Market participants: Knowing who the key participants are in the market, including large institutional investors, retail traders, and market makers. Market structure: Understanding the structure of the market, including the number of buyers and sellers, the level of liquidity, and the level of volatility. Market data: Familiarizing yourself with key market data, such as price charts, trading volumes, and economic indicators, and using this data to inform your trading decisions. Historical trends: Analyzing historical market trends to identify patterns and make informed predictions about future market movements. News and events: Staying informed about news and events that may impact the market, such as monetary policy decisions, geopolitical events, and natural disasters. Market psychology: Understanding the psychology of market participants and how emotions can impact market movements.
By Kaviarasan s 3 years ago in Education


