Here is the experienced shared by the experienced traders having experience of more than 20 years:
One should always trade the trends in long term and fast moving trends. Trading in the long term minimize the risks involved in the trades. The fast moving trends are a better opportunity to fetch profits than the slow moving ones. The fast moving trends fetch more profits in less time and one can benefit from the high movements in a very short time.
The trader should find the stocks which are fundamentally strong. Trading the stocks which are fundamentally strong minimizes the risks to a greater extent. The stocks which offer regular dividends are a good choice of investments. Such stocks have a good cash flow and are a better choice than the companies which don’t offer the dividends.
The traders should always look for a proper entry in to the stocks. A proper entry specified by various indicators or candle stick patterns is an ideal one for good profit. The candle patterns like bearish engulfing and bullish engulfing are ideal conditions to buy and sell stocks as they give a clear indication about the trend direction or the possible reversal.
All the above tactics are the crux for the stock market trading. The trader should follow the above advice and should try to trade with a strategy which is accurate and provide high returns. The new traders can also take the advice from the advisory firms which are reputed and provide accurate stock market calls in the form of buy and sell signals. Money Classic Research is one such advisory firm which provides accurate and profitable services to its Clients.