If you are a beginner day trader with limited skills and no strategy, then day trading is gambling. However, at a professional level, day trading and gambling are more like running a business; both require a systematic methodology, risk management, skill, and experience to be successful.| Liberated Stock Trader
Data-driven research, education, and insights for independent investors. We test charts, patterns, indicators, and develop unique growth, dividend, and value investing strategies.| Liberated Stock Trader
A sell signal gives traders a heads-up on when to consider closing positions, helping them lock in gains or cut losses using actual triggers, not just hunches.| Liberated Stock Trader
Successful traders use market sentiment to gain a competitive edge and improve their chances of making profitable trades.| Liberated Stock Trader
As a Professional market analyst, I build effective trading strategies using techniques such as indicator divergences, multi-time frame analysis, indicator combinations, and rigorous backtesting.| Liberated Stock Trader
The Ichimoku test results are a dismal 10% win rate, underperforming a buy-and-hold strategy 90% of the time. The Ichimoku indicator is a poor choice for traders.| Liberated Stock Trader
I conducted 4,052 backtested trades using 307 years of exchange data to determine if the Supertrend is super! The Supertrend indicator is not profitable for swing traders using a standard daily candlestick/OHLC chart. It achieved a 43% win rate, with an average win of 7.8%.| Liberated Stock Trader
My testing shows the best TradingView indicators for advanced analysis are Volume Profile HD, VWAP, Supertrend, ATR, Relative Volatility, and RSI. TradingView's candlestick and chart pattern recognition algorithms are game changers for improving trading outcomes.| Liberated Stock Trader
Yes, you can buy and sell the same stock on the same day four times weekly in the USA. If you day trade more often, you must follow the FINRA rules on Pattern Day Trading (PDT), which means being a registered day trader and having a $25K minimum account balance.| Liberated Stock Trader
My reliability testing of Bollinger Bands on the S&P 500, using 13,360 years of data, suggests it is an unprofitable indicator for traders. However, Bollinger Bands can be highly profitable, with the optimal settings.| Liberated Stock Trader
The five time-tested, proven ways to make money in the stock market are investing in long-term ETFs, investing in value stocks, a portfolio of growth stocks, dividends, and stock trading.| Liberated Stock Trader
In technical analysis, Fibonacci retracement is used by traders to predict levels of support and resistance by drawing horizontal lines according to the Fibonacci sequence. But Does It Work?| Liberated Stock Trader
Ultimately, for 95% of speculators, day trading is not worth it. Although day traders can make significant money quickly, statistics show that most day traders lose money. Over a six-month period excessive commissions, poor trading decisions, weak strategies, and bad market timing cause losses.| Liberated Stock Trader
Liberated Stock Trader offers free stock investing courses covering value, growth, dividend investing, and technical chart analysis. Our courses are developed by IFTA member and certified financial technician Barry D. Moore.| Liberated Stock Trader
Based on our 568 years of backtested data, the Shooting Star candle is profitable. It has a 57.1% upside success rate and an average winning trade of 3.6%. Each trade made using a shooting star nets an average of 0.56% profit.| Liberated Stock Trader
My research shows the Bearish Engulfing candle is an accurate and profitable pattern. Using 568 years of data, my testing revealed a 57% success rate and an average win of 3.7%.| Liberated Stock Trader
Renko charts filter out unnecessary price fluctuations to provide a clear stock price trend that traders can use in their investing strategies. Unlike a traditional bar or candlestick chart, Renko charts are based on price changes rather than time.| Liberated Stock Trader
I believe the best ways to learn stock trading include books, audiobooks, data-backed analytical research, and reputable investing courses taught by industry-certified instructors.| Liberated Stock Trader
Day and swing trading uses technical chart analysis to trade short-term price moves, whereas growth and value investing use long-term fundamental financial analysis. The tools and strategies used for these types of trading are completely different.| Liberated Stock Trader
To read stock charts you need to use stock charting software, select your chart type, configure your timeframe, determine price direction using trendlines and use indicators to estimate future prices.| Liberated Stock Trader
To create an algo trading system, you must choose a strategy, select a trading platform, choose the asset type, select the indicators and patterns, backtest, and refine the strategy.| Liberated Stock Trader
The simple moving average (SMA) technical analysis indicator helps identify stock price trends. It calculates an arithmetic average of prices, offering a smooth line that eliminates short-term price volatility.| Liberated Stock Trader
I tested 23,487 RSI trades on 820 years of exchange data. When configured correctly, RSI can be highly profitable, with a 53% success rate and an average of 65% winning trades. The RSI setting of 14 on a 1-hour chart is the most reliable configuration for identifying profitable buy and sell signals.| Liberated Stock Trader
Based on 43,297 test trades, my research indicates that the CCI is a highly profitable momentum indicator, yielding a win rate of up to 85% when used with the correct settings.| Liberated Stock Trader
Our testing of the 200-day MA on the S&P500 over 16 years revealed that using this indicator is a losing proposition. A buy-and-hold strategy made a profit of 192% vs. the 200-day MA, which made only 152%.| Liberated Stock Trader
In technical analysis, momentum indicators help traders identify the strength and direction of a stock's price. We explain and test three popular momentum indicators for reliability.| Liberated Stock Trader
Twenty years of trading research show that the cup and handle pattern has a 95% success rate in bull markets and returns an average profit of +54%.| Liberated Stock Trader
