Tag Archive | "New Position"

Relative Strength Index

Friday, November 12, 2010

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Relative Strength Index

Relative Strength Index History Relative Strength Index was developed by J.Welles Wilder Jr. and introduced in his book ‘New Concepts In Technical Trading Systems’. It is one of the most popular technical tools around. Relative strength Index (RSI) is measured on a scale from 0-100 with a reading above 70 being overbought and a reading [...]

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Types of Orders

Saturday, October 30, 2010

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Types of Orders

Placing orders correctly is probably one of the most important aspects of trading. It is vital that you understand and use the correct order when you trade. Market Order This simply tells your broker to buy or sell at the current market price. This is preferable in fast market conditions or when you want to [...]

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