Stocks are the best to trade

[Devo G]

When trading stocks you need to setup ypurt chart with a rsi and macd

 

[Yusuf Ganiyu]

please can anyone explain how to trade stocks? This is a sought-after topic

 

[ogma]

please can anyone explain how to trade stocks? This is a sought-after topic

Thousands of books have been written on trading stocks so it's a bit hard to answer in a few sentences. Biggest difference between Forex and stocks is that you can view volume with stocks, and also levels where buy and sell orders are pending. Pros trade stocks using that info which is not available for Forex. With Forex you have to trade the charts through technical analysis and of course pay close attention to important news releases.

 

[ogma]

When trading stocks you need to setup ypurt chart with a rsi and macd

Not really true. Those can both be good, but you don't "need" to use any specific indicator. You just need to have a set game plan to follow instead of taking trades on a whim.

 

[Mikeman]

You mainly want to master price action (support/resitance/trend lines etc..)...after that, you can if you can use indicators for further confirmation/confluences.

Do analysis on higher time frames (H1/H4) and enter trades at lower time frames (15M/5M).

 

[rstyles513]

Take a look at the book Stock Market Almanac it will give you a historical and cyclical look at stocks just like commodities.