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Smart investing as a stock or Forex trader by D este
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Smart investing as a stock or Forex trader |
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Investment,Finance & Investment
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Smart traders know the demand will fall on a sharp rise in price. They will sell to the new traders as they chase after the stock. The stock and forex market is saturated with too many new and scared holders of shares or currency pairs who will sell to realize profits. They are selling and usually at a lower price to get out of the trade. Smart investors in the markets see this buying and selling at support and resistance levels. New traders will enter the trades after they see the trend getting away from them. The inexperienced trader will buy after a big up move and panic sell after a sharp drop in price. Traders need to learn all they can before investing in any markets. You need to know when to buy and when to sell. Learning support and resistance areas, learning to read charts and moving averages is your first step in making money trading. Stocks Smart Investing Learn to watch for volume,supply and demand, this is all part of being a great forex or stock trader. Traders need to learn to focus on understanding what makes the movement of price in any given direction or trend,this will give you an advantage over the rest.
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