📈 2/6: Market Influence on Trades
The market sets the stage. It dictates the environment in which trades happen. Understanding market conditions is crucial before making any trade decision. #TradingBasics

🕵️‍♂️ 2/8: Understanding the 'Cup with Handle'
The 'cup with handle' pattern looks like a coffee cup when viewed from the side. This pattern signals a consolidation period followed by a breakout, indicating a potential buy point. #TradingBasics

🧵1/8 In the trading world, cutting losses is universally regarded as a foundational rule. It's a straightforward mathematical principle, yet one of the hardest to apply due to human nature. #TradingBasics #RiskManagement

🧵4/10 2. Use Stops to Protect Yourself: Stop-loss orders are tools that help automate risk management by closing a position at a predetermined price level, thus preventing potential larger losses. #StopLoss #TradingBasics

🧵1/5 Stocks and Personalities: Just like humans, each stock exhibits its own unique personality. Some stocks are volatile, prone to rapid fluctuations, while others move steadily. Understanding these personalities is crucial for successful trading. #StockMarket #TradingBasics

🧵1/6 Accepting the essence of trading unlocks its complexities. It's about balancing risk/reward, navigating probabilities, and making timely decisions. Let's dive into these core principles. #TradingBasics #Investing

Leverage or Cash? 🤔 Leverage is like using a jetpack in your trades - high rewards, but with greater risk. 🚀 Cash accounts? It's like walking the steady path, slower but safer, trading only the money you have. 👣 Know your strategy and risk tolerance, traders! #TradingBasics #LeverageTrading #CashAccount #R2RTrading

Market Order vs Limit Order: Two key tools for traders! 🛠️ Market Order is like diving right into the pool, you get filled at the best available price, fast. 🏊‍♂️ Limit Order? More like patiently waiting for the perfect dive, you buy or sell at your chosen price or better. 🎯 Choose wisely, traders! #TradingBasics #MarketOrder #LimitOrder #R2RTrading

Direct Market Access (DMA) is like getting a VIP pass at a concert - you get to bypass the middleman and interact directly with the stock exchange! 🎟️🎶 It's all about faster execution and greater control for traders. Trade smart with DMA! 💼🚀 #TradingBasics #DirectMarketAccess #R2RTrading