It shows that the prices opened, the bears pushed the prices down and closed lower than the opening price. When the real body is filled, black or red then it means that the close is lower than the open and is known as the bearish candle. This real body shows the price range between the open and close of that day’s trading. The candlestick’s wide or rectangle part is called the “real body” which shows the link between opening and closing prices. In the 1700s, a Japanese man known as Homma discovered that as there was a link between price and the supply and demand of rice, the markets also were strongly influenced by the emotions of traders.Ī daily candlestick charts shows the security’s open, high, low, and close price for the day. Trading made easy with Candlesticks in Tamil –Ĭandlestick charts were originated in Japan over 100 years before the West had developed the bar charts and point-and-figure charts. Identifying trading opportunities using candlesticks analysis.

Short Online Webinars on Candlestick Patterns:.

Short Online Courses on Candlestick Patterns:.

Filter Stocks with Specific Candlestick Chart Patterns using StockEdge:.

If you remember the first two thoughts and learn to follow The Idiot, you will not be one of them. The simple truth is that most traders lose money.

The book is written for those who, like me, forgot the first thing they knew - but, also, for everyone just starting out learning how to trade stock markets. I will also outline the details of a Lunar Cycle trading system that will also help you to make profits and to avoid costly mistakes.Īnd I will show you how to make the most use of some simple technical indicators, unlike some others who tell you what they are, but not how to tweak them and interpret their signals and secrets. As they say in the tackier TV commercials. It will take only a few minutes of backtesting on your part to see that it does work it will protect your capital it will deliver enormous profits without agonising, analysis, or angst it will limit your losses and it will prove itself to be a lot smarter than you think you are.īut wait … there’s more. Its primary purpose is to outline the rules of a simple trading system - a system so simple and so easy to follow that I call it: The Idiot. It’s a small book, but I hope it distils many years of information accumulation into a small collection of useful knowledge that you, in turn, may be able to convert to trading wisdom. So, this book is an attempt to begin at the beginning - at least so far as stock trading is concerned. It was a long way from being knowledge and farther still from being wisdom.

Somewhere between then and now, I’d forgotten - drowned in a daily deluge of data and information, cunningly disguised as knowledge.īut, it was not. The last thing I learned was the first thing I knew.

Intro stock trading textbook