@Traders82 #Chapter3 : Price Action Trading Secrets
Disclaimer: I am going to share my experience in Price Action trading. Please note this is NOT at all a Holy Grail or even close so if you are looking for that, please stop reading here.
BUT if you want to learn about markets, supply & demand, how price moves & want to be on the right side most of the time, then continue reading. Once you read & understood these concepts, you need to spend 1000s of hours to screen various charts to practice what you have learnt.
ONLY this way you can learn price action trading so do I have your commitment on this?? I heard YES so get ready for the excitement.
1st Topic would be -
What is Price Action & why it is important?
1.What is Price Action & why it is important?
We all trade price every day. Knowingly or unknowingly but we all are associated with price. You buy a stock at 100 & I sell at 100, we traded price. So price is nothing but an agreement between 2 parties to trade something mutually
Bulls & bears often fight for a fair price which they think is right for them & they try to defend that price to keep their hold. Price action trading is the study of analyzing this tussle between them & helps you make trading decisions purely based on the price.