A trading plan is more than just a set of rules—it’s your blueprint for achieving consistent success. Whether you’re trading in a live market or participating in a trading competition like BullRush.

The Importance of a Trading Plan

Key Takeaways: Trading Success = Trading Plan: A well-structured trading plan is a roadmap to consistent success because it guarantees disciplined decision-making and proper risk management. Simplicity & Structure: Your trading plan must be unequivocal, plain, easy to follow, specific, measurable, and flexible enough so you can remain true to your process as you adapt […]

A candlestick pattern in trading is a graphical representation of price movements over a specific time period, typically used in technical analysis.

What is a Candlestick Pattern in Trading?

Key Takeaways: Historical Significance: First developed in Japan during the eighteenth century by Munehisa Homma, candlestick charts have been popularized through the works of Steve Nison in relation to technical analysis in trading. Pattern Recognition: The candlestick patterns graphically depict the psychology underlying the market sentiments. A trader can view a number of chart formations […]