Basic knowledge about trading

[ArtemissxPiggy]

Support -
Support occurs where a downtrend is expected to pause due to a concentration of demand.

Resistance-
Resistance occurs where an uptrend is expected to pause temporarily, due to a concentration of supply.

Support and resistance-
Support and resistance areas can be identified on charts using trendlines and moving averages.

Stoploss-
Most investors can benefit from implementing a stop-loss order. A stop-loss is designed to limit an investor's loss on a security position that makes an unfavorable move. One key advantage of using a stop-loss order is you don't need to monitor your holdings daily.

If you have any information about trading strategies please share your idea to learned on how to become professional trader someday.

[MRM]

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