Introduction: the market technicians

Professional traders are market technicians who are financial experts in the practical science of trading. Today’s market technicians usually use technical analysis to trade in the financial markets they specialise in. They use price charts and technical analysis tools to make trading decisions.

Before they trade, traders have trading plans. These plans are their special trading edge. Their trading edge charts the future of their trading experience to be that of net positive return. Therefore, their trading plans are usually based on historical patterns of statistical price returns. They plan their trading before they begin and they begin with research.

Strange as it may seem, many people who are trading in ...

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