Stan Weinstein’s Secrets for Profiting in Bull & Bear Markets & Moving Avg | Part -2| தமிழில்| Tamil

In this video, we discuss Stan Weinstein’s Secrets for Profiting in Bull & Bear Markets book, Moving Averages used by most successful traders, on the same research done and published this book by Stan Weinstein (Thanks to the author).

Disclaimer: Investing & Trading in the share market or any other instruments are subject to market risk, kind do your own research or consult your Financial Advisor before taking any of your actions in the stock market.

Whatever we are going to discuss here has been backtested roughly more than 5 years with historical data and on a live basis for the past 1.5 years, we did research on the things discussed in that book.

A moving average is a technical indicator that combines the price points of an instrument over a specified time frame, and divides by the number of data points, to give you a single trend line.

SMA: Simple Moving Average, EMA: Exponential Moving Average

It is popular amongst traders because it can help to determine the direction of the current trend while lessening the impact of random price spikes.
A moving average will enable you to examine the levels of support and resistance
A moving average is primarily a lagging indicator, which makes it one of the most popular tools for technical analysis.

Important Things Discussed in this Book:

Support & Resistance
Trading Range
Moving Average
BreakOut / BreakDown
Pullback
Trendline
Relative Strength Index

Never look for Shorting on the below scenarios:

Don’t Short sell because the P/E is too high
Don’t Short sell because has run up too much
Don’t Short sell a sucker stock that’s everyone else agrees must crash
Don’t Short sell that trades thinly
Don’t Short sell in Stage 2 stocks.
Don’t short sell stock in a strong group
Don’t short sell without protecting yourself with a buy-stop order

It’s not luck (good or bad) that causes consistent losses for the public and consistent profits for the real professionals, it’s really no different from a professional poker player who understands the odds and refuses to pull to an inside straight, while the amateurs let his hunches and feelings lead him into losses.

Never buy or sell a stock without checking the chart
Never buy a stock when good news comes out, especially if the charts show a significant advance before the news release.
Never buy a stock because it appears cheap after getting smashed, when it sells off further, you’ll find out that cheap can become far cheaper!
Never buy stock in a downtrend on the chart
Never holds a stock that is in a downtrend no matter how long the PE ratio.
Always be consistent, if you find that you’re sometimes buying, sometimes selling is practically identical situations, then there is something terribly wrong with your discipline.


Risk To Reward Ratio ( 1: 1 ) or ( 1: 2 )
Risk Per Trade should not exceed more than 1% from your deployed capital
Risk Per Day should not exceed more than 2% of your overall capital

Trading_View Pro account use the below link;
https://www.tradingview.com/gopro/?share_your_love=DG_Trading_School

Before watching this video, please click on the below link for more details discussed Price action strategy;

Lesson-1: https://youtu.be/7XwhwOn1Hiw

Lesson-2: https://youtu.be/CU-3DdDW0Q0

Lesson-3: https://youtu.be/-4FtYyGRFuQ

Lesson-4: https://youtu.be/cOpDApIBlug

Lesson-5: https://youtu.be/cxOnDba4go4

Please click the below link and Watch Part-1,2 & 3 videos on candlesticks reversal patterns.

Part-1: https://youtu.be/bL9CLgKzW_4

Part-2: https://youtu.be/1E5z-lSog2c

Part-3: https://youtu.be/DWJSdiu_DZU


Previous Videos:

Are You Fresh To Stock Market? Must Watch Before Start

https://youtu.be/fJxwIes2fWs

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