There are many ways to view the stock price chart. However, the candlestick chart is the most meaningful one that tells you many things. What is Candlestick? A graphical representation of the stock price change for a given period of time. It involves the opening/closing price and the max/min price of the stock of the given period. There are two types of candles – green and red. The green candle means closing price is higher than the opening price. The red candle is the opposite – closing price is lower than the opening price In the image above, there is READ MORE
Category: Stock Investment
I am teaching myself to build a trading bot. This category will include basic understanding of stock investment
Stock prices determined by orders
You see stock prices change a lot in an unexpected way. They surge despite the bad news or drops even with the good news. What determines the stock price? In this post, I am going to explain about this. Basic concepts of orders There are two important entities exchange/brokers. An exchange is where the stock trading transaction actually happens. Brokers submit the orders on your behalf. For ex. NYSE is stock exchange and Robin Hood, eTrade, TastyTrade are brokers. Think about stock traders in Nasdaq 100 years ago. There were many people calling the stock price. Nowadays, almost all the READ MORE