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Trade Diary - Bullish Trade on Zinc on 17th May, 2024
In this section on Trade Diary, we would demonstrate to you some of the trades on our Trading System so that you can learn from them....
1 min read
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Concluding Thoughts on a complete Commodity Trading System
In conclusion, thescouttrader.com is designed to be your comprehensive guide to mastering commodity trading. With its seven meticulously...
1 min read
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Top 10 Qualities to Succeed and Excel as a Trader
More than analytical skills and tools of trading, success in trading hinges significantly on the personal qualities and character traits...
5 min read
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Top 10 Trading Mistakes to Avoid for a Successful Path to Trading Success
Mistakes are inevitable in trading. The market by design forces you to get carried away and make mistakes. However, the difference...
6 min read
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Gems of Trading Wisdom for Success as a Trader
This post is dedicated to the Gems of Trading Wisdom that you should apply to your trading as much as your life. Wisdom is supreme so get...
4 min read
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Chart Pattern - Sideways Rectangle or Trading Range
A Sideways Rectangle, also known as a Trading Range or consolidation pattern, represents a period when the price moves within a range,...
2 min read
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Chart Pattern - Flag or Pennant
A Flag or a Pennant forms during sideways consolidation, a continuation pattern that typically occurs after a strong price movement,...
1 min read
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Chart Pattern - W Pattern
The W pattern resembles the letter "W" and is considered a bullish reversal pattern. It typically occurs after a prolonged downtrend and...
1 min read
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Chart Pattern - 1-2-3 Top or 1-2-3 Bottom
A 1-2-3 Top occurs frequently on the charts, sometimes as part of a larger pattern, usually after a significant uptrend. It indicates ...
1 min read
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Chart Pattern - Double Top or Double Bottom
A Double Top is a common chart pattern that indicates a potential trend reversal from bullish to bearish. It occurs after an uptrend and...
2 min read
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Chart Pattern - Head & Shoulders or Reverse Head and Shoulders
The Head & Shoulders (H&S) pattern is a popular and widely recognized chart pattern used in technical analysis to identify potential...
2 min read
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Candlestick Pattern - Big Green or Big Red Candle
A Big Green or Big Red Candle is characterized by a single candlestick with a relatively large body indicating a strong bullish or...
1 min read
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Candlestick Pattern - Hammer or Reverse Hammer
A Hammer is a single candlestick pattern that forms at the bottom of a downtrend and signifies a potential reversal in the price action....
1 min read
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Candlestick Pattern - Bullish or Bearish Engulfing
A Bullish Engulfing pattern after a significant downtrend consists of two candlesticks having the following characteristics: The first...
1 min read
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Candlestick Pattern - Piercing Pattern or Dark Cloud Cover
The Piercing Pattern is a two candlestick pattern that occur after a significant downtrend, and signals a potential reversal to an ...
1 min read
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Candlestick Pattern - Doji
A Doji is a candlestick pattern that indicates indecision or a standoff between buyers and sellers. It forms when the opening and closing...
2 min read
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Candlestick Pattern - Narrow Range including Bullish or Bearish Harami
Narrow Range (NR) is a candlestick pattern characterized by a relatively small price range between the high and low prices compared to...
2 min read
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Psychology Index - An Indispensable Tool to Measure your Trading Mindset
This post will introduce you to the Psychology Index (PI) - a proprietary tool to measure your adherence to a set of non negotiable...
3 min read
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The Impact of Trading Psychology on Your Success: How to Master Your Emotions as a Trader
In this section, we would talk about Trading Psychology (TP) and the role it plays in your success as a trader. It refers to the mindset...
2 min read
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What is required of you to trade our System - the Prerequisites
Now that you understand what our Trading System entails, let’s explore what is required of you to effectively practice it: Basic Charting...
2 min read
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