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Here mentioned some types of technical analysis premises. It is important that you create your own trading plan. If your perception of technical analysis is wrong, quick rich method, you have already started a lost war.<br>
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Most people like technical analysis because it can give your trading signals right from very short-term trades to very long-term trades. It gives you an opportunity to analysis when is the right time to enter the stock. Right entry can make your work half done.
The exit is an important. There are some trend reversal techniques one can use to exit the trading position profitably. A wrong exit strategy and you would be leaving a lot of money on the table.
Technical analysis of stocks Indiagives you the right risk to reward ration. The focus of winning trading plan is totally on profitability. We cap the maximum risk one should take but there is no limit to maximum profit one should take.
Most of people presume that the losing money in stock trade is Risk. But it's wrong. The risk is when you lose the entire capital. Your winning trading strategy should be capable of handling continuous 10 losing trades.