Online Trading Academy graduates know the importance of reading price. They also center their trading decisions on trend and supply and demand. Many people who hear those terms from us for the first time mistakenly believe that they are just clever terms we made up for marketing purposes.
The stark reality of trading is that the large institutional traders still take the lion’s share of profits in the markets. The retail trader or investor struggles to devise ways to make meager profits in comparison. Traditional technical analysis is usually taught by academics or by retail traders with little or no institutional experience. The majority of Online Trading Academy’s faculty has a background in trading on the floors of exchanges, institutional trading, or hedge fund trading. This means that when you take a course with us, you are learning tactics and strategies that have been proven to profit for those large, profitable institutional trading establishments.
Let’s examine the difference between those terms support/resistance and demand/supply. Traditional technical analysis defines support as a price level where… Continue Reading
