The closing price of a security on Friday sets the tone for Monday’s opening. But it’s not as simple as it appears. What should you be looking for, in order to be a smarter trader?
January 04, 2024 / 08:41 AM IST
A seasoned trader will tell you the four types of price points and that the closing price is the most important one.
Successful people don’t do different things, they just do things differently. Following these winning traits of winners improves an average trader’s odds of success significantly.
Last year I had written a piece about cyclical nature of prices and how traders can profit by deciphering these price signals. You can access that piece here.
A seasoned trader will tell you the four types of price points (open, high, low and close) and that the closing price is the most
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