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Candlestick Pattern Book

by Stock Pathshala Team

Trading in the stock market requires analyzing different chart patterns to determine profitable entry and exit positions, but how to read candlestick patterns? For this, it is important to have complete understanding and you can refer candlestick pattern book.

Here are 5 books right on that very topic for you:

5 Best Candlestick Pattern Books

Books are the ultimate resource for learning and the epitome of knowledge; they can be a solution to your every problem. Then why not stock market concepts? Choose the right books to read, and candlestick chart patterns will be at your fingertips.

Here is a list of the best candlestick pattern books.

1. How to Make Money Trading with Candlestick Charts

Here is the first candlestick pattern book, “How to Make Money Trading with Candlestick Charts” as the title suggests, focuses on the use of candlestick charts as a tool for trading in financial markets.

Here’s an overview of the book:

how to trade with candlestick patterns

  • Candlestick Patterns: The core of the book is dedicated to explaining various candlestick patterns. It covers both basic and advanced patterns, such as doji, engulfing patterns, hammer and hanging man, shooting stars, and more.

Each pattern is described in detail, with charts and real-world examples to illustrate its significance.

  • Trading Strategies: The author provides practical trading strategies based on candlestick patterns. These strategies are designed to help traders make informed decisions about when to buy, sell, or hold their positions.

The book explores how to combine candlestick patterns with other technical indicators to enhance trading decisions.

  • Risk Management: Managing risk is a crucial aspect of trading, and the book emphasizes the importance of using candlestick patterns to set stop-loss levels and manage risk effectively.

It offers insights into how to protect your capital while seeking profitable opportunities.

  • Psychology of Trading: Understanding the psychology of trading is essential for success, and the book delves into the emotional aspects of trading.

It discusses how candlestick patterns can help traders stay disciplined and avoid impulsive decisions.

  • Practical Examples: Throughout the book, you’ll find numerous real-world examples and case studies that demonstrate the application of candlestick chart analysis in different market conditions.

Balkrishna M. Sadekar’s book aims to provide traders, whether beginners or experienced, with a comprehensive guide to understanding and effectively using candlestick charts as a part of their trading toolkit.

However, it’s important to note that trading carries inherent risks, and no strategy is foolproof. Therefore, readers are encouraged to practise risk management and conduct research before making any trading decisions.

 

2. Candlestick Charting for Dummies

“Candlestick Charting For Dummies” by Russell Rhoads is a no-nonsense guide to understanding and using candlestick charts for technical analysis in trading and investing. It’s perfect for beginners who want to learn candlestick patterns, as well as more experienced traders who want to brush up on their skills.

 The book is a component of the well-known “For Dummies” series, which is renowned for simplifying difficult subjects.

Here’s an overview of the book’s main topics and themes:

  • Candlestick Patterns: Russell Rhoads introduces readers to various candlestick patterns, both bullish and bearish. These patterns are graphical representations of price movements and are used by traders and investors to predict future price movements. 
  • Single Candlestick Patterns: The book covers single candlestick patterns, such as doji, hammer, shooting star, and more. It explains the significance of each pattern and how it can be used to make trading decisions. 
  • Multiple Candlestick Patterns: Readers are introduced to more complex patterns that involve multiple candles, like the engulfing pattern, harami, and evening star. These patterns often carry stronger signals and are vital for traders to recognize. 
  • Real-World Examples: Throughout the book, the author provides real-world examples and case studies to illustrate how candlestick charting can be applied to actual trading scenarios. 
  • Practical Tips: The book offers practical tips and strategies for using candlestick charts effectively, including how to identify trend reversals, potential entry and exit points, and ways to combine candlestick patterns with other technical analysis tools.

3. The Candlestick Course

“The Candlestick Course” is not a book by Steve Nison; rather, it is one of his prominent works that focuses on the art and science of Japanese candlestick charting.

Steve Nison is widely recognized as the individual who introduced Japanese candlestick charting to Western traders and investors. Here’s an overview of Steve Nison’s work and its significance:

“The Candlestick Course” is one of Steve Nison’s seminal works in the field of technical analysis, particularly in the realm of candlestick charting. 

In the book, Steve Nison explains the history and origins of candlestick charting, which dates back to 18th-century Japan, where it was used to analyse rice prices. Nison then takes readers through the various candlestick patterns, explaining their significance and how to interpret them in the context of trading and investing.

Key topics covered in the book include

  • Basic Candlestick Patterns: Nison explains the most fundamental candlestick patterns, such as the doji, hammer, shooting star, and three white soldiers candlestick pattern, among others. 
  • Advanced Candlestick Patterns: The book also goes into more complex and detailed candlestick patterns, offering insights into how to spot and understand them. 
  • Practical Applications: Nison provides real-world examples and case studies to demonstrate how candlestick charting can be applied in various market conditions. You can learn various strategies to trade candlestick patterns. 
  • Chart Analysis: Readers will learn how to integrate candlestick charting into their overall technical analysis toolkit.

Steve Nison’s contributions to the field of technical analysis, particularly in popularising candlestick charting, have been significant. His books and courses, including “The Candlestick Course,” have been instrumental in helping traders and investors make more informed decisions in financial markets.

It’s important to note that Steve Nison has written several books on candlestick charting, and “The Candlestick Course” is just one of them.

The content and examples in the book may have been updated to reflect changing market dynamics and technological advancements, depending on the edition and publication date. Traders and investors who have an interest in candlestick charting can benefit from studying Nison’s work, as it provides a deeper understanding of this analytical approach.

4. The Ultimate Guide to Candlestick Chart Patterns

Author of one of the latest and most popular trading books, The Ultimate Guide to Candlestick Chart Patterns, Steve Burns started investing in 1993, and Atanas Matov began trading in the early 2000s. Steve and his spouse have written more than 19 books on trading.

the ultimate guide to candlestick patterns

Here’s an overview of the book

The book introduces you to candlestick chart patterns

  • There are more than 30 detailed candlestick patterns, and each is explained with a historical example for every chart.
  • You also get to learn where to exit and enter. It helps minimize the risk factor.
  • In addition to all of the above, the book has various candlestick chart pattern trading tips with real trading examples from Trend Spider.  

5. Don’t Trade Before Learning These 14 Candlestick Patterns

This book is mainly for those who don’t want to learn every candlestick pattern and want to start with the best ones. P. Arul Pandi has been trading in the stock market for three decades. He has written down what he has learned from the trading experience.


Here’s an overview of the book:

The book has basic to advanced-level techniques in candlestick trading.

  • The main attraction of this book is the 14 candlestick patterns, which the author believes give more than 85% of trade opportunities.
  • P. Arul teaches how to make predictions and interpret signals like bullish, bearish, and reversal signals. 

If you often get confused about how to make buy and sell decisions, the author helps you with that as well. 

Conclusion

Reading is one of the best ways of learning, and one can get candlestick chart patterns on their tips after reading and understanding the above-mentioned candlestick pattern books.

Apart from that, if you are not a regular reader and want to learn from other modes like video lectures and audio podcasts, you can subscribe to the Stock Pathshala YouTube channel or even enroll in our stock market courses, where we have a team of experienced tutors who make trading techniques look completely easy.

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

Hammer and Hanging Man

by Stock Pathshala Team

The king of all candlestick patterns, the hammer pattern is a bullish reversal pattern but how is it different from its sibling hanging man? In this article, we will be considering a few differences between hammer and hanging man and what traders must consider while trading these patterns.

Now, candlestick patterns such as hammer and hanging man can be best friends to any trader who wants to earn consistent profit in the stock market but with so many similarities in how to understand the signal. 

Let’s understand these patterns individually and compare their roles in trading. 

What is Hammer Candlestick Pattern?

A hammer candlestick is a small-bodied candlestick that forms when the price in a downtrend market dips significantly lower than the opening price but manages to rise back up before the market closes. 

In other words, although the market was pushed down by the pressure from the sellers, the buyers put up a brave fight and in the end managed to push the price back up. 

However, the sellers pushed down the market which resulted in the closing of shares near the opening value.

Now, the occurrence of such a pattern near support gives a signal of bullish reversal and brings in an opportunity for a profitable long position. 

But how do you differentiate a hammer candlestick from others? Now, the color of the candle could be either green or red but what differentiates it from the rest is the long lower wick, which indicates strong selling pressure in the downtrend.

However, at the same time, the small body of the candlestick gives a signal of the buyers’ gaining strength. 

In order to trade using a hammer candlestick pattern, you should wait for another candlestick to form so that it can confirm the signal by breaking the high of the hammer candlestick formed. 

What is the Hanging Man Pattern?

Now that you know what is a hammer candlestick, let’s see what is a hanging man candlestick.

While the hammer candlestick pattern predicts an upcoming trading opportunity, on the other hand, the hanging man pattern warns of an impending plunge in the prices of the security in the near future. 

The hanging candlestick pattern is a candlestick pattern that occurs when the price of a security drops significantly in an uptrend market and fails to recover even to its opening level.

This means that the market closes below the opening price and this is a clear indication that the market is about to enter a downtrend trend. 

This can be both a warning as well as a trading opportunity for traders. However, the pattern can be confirmed only when the next candle forms that closes below the low of the candle. 

As for the color, the hanging man candle can be both red or green in color but is mostly found to be red.

Hammer Vs Hanging Man

Now that we’ve seen what a hammer and hanging man candlestick is, let’s see the difference between a hammer and hanging man candlestick pattern.

Get a better understanding and knowledge of trading these patterns by referring to the candlestick pattern book. Some of the best books are available online for FREE as well.

Conclusion 

Now that we’ve seen what is the difference between hammer and hanging man patterns, we know that both of these patterns can prove to be powerful tools for a trader looking to earn a profit.

Although they might appear to be similar at first glance, the hammer and hanging man candlestick are quite the opposite since one indicates a bullish reversal and the other shows that a downtrend is on the verge of happening in the market. 

Now trading these patterns is not as easy as it seems to be. 

You need to learn candlestick patterns in detail and use the right approach and strategy to maximize your profit. 

Want to know which momentum indicator to use?  “click here”  to learn more about momentum indicators in the market. 

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

How to Trade Three White Soldiers?

by Stock Pathshala Team

There are many reversal signals formed by candlestick patterns. One such reversal pattern is three white soldiers, a three-candlestick pattern that indicates the end of a bearish market. But how to trade three white soldiers?

Shall a trader enter immediately or is there any specific strategy to be used?

In this article, let’s get an understanding of the strategies used to trade 3 white soldiers to maximize the profit. 

What is Three White Soldiers Pattern?

The three white soldiers pattern is the bullish reversal pattern, formed after the strong downtrend in the market and gives a signal of upcoming bullish trend. Here are some of the key parameters of this candlestick pattern.

Identifying the Pattern – The three white soldiers pattern is formed after the strong downtrend when the three long bullish candles are formed one after the other, each breaking the high of the previous one. 

Determining the Entry Point – Once the formation is confirmed, you can place a buy order for the next candle formed. 

Planning Exit Strategy –  Two common exit strategies for trading the three white soldiers pattern are taking profits at the next resistance level or using the trailing stop method, which allows you to lock in profits as the price moves in your favor.

Now, this seems to be pretty simple, but taking a trading position without confirmation is like landing on a strange island without GPS. You might get trap in the wrong direction. 

So, what are the ways to trade three white soldiers strategically? 

Well! It is always good to confirm the entry and exit, for which you can use some indicators, and some of those are discussed in detail below.

Three White Soldiers Trading Strategy

Trading in the share market could be more profitable if a trader opens a position only on confirmation. Now, three white soldiers are a strong signal of a bullish market but it is always good to confirm the trend before making an entry.

For this, you can combine three white soldiers’ trade signals with any one of the following technical indicators. 

1. Exponential Moving Average

As shown in the image above, the second candle of three white soldiers breaks the EMA 20 indicator which itself is the bullish signal and the third candle takes the support on the moving average line which gives an indication of the strong bullish trend. 

3 white soldier and emaHere is the summarized trade strategy:

  • Entry: Candle next to the three white soldiers
  • Target: Previous resistance level
  • Stop loss: Moving average

2. Relative Strength Index

Another way to take a confirmed trading position using three white soldiers is the momentum indicator Relative Strength Index, RSI.

RSI indicator buy and sell signals is generated when the indicator crosses 50 from below and above respectively. Now, as you can see in the image below, on the formation of the three white soldiers, the RSI value crosses 50 from below, giving a signal of buying in an uptrend market.

3 white soldiers and RSIOne can hold a position until RSI 70 or can place a target at the resistance value.

3. Moving Average Convergence Divergence

Another useful indicator, that not only tells about the momentum but also gives a buy and sell signal is the Moving Average Convergence Divergence. Although, traders remain confused about whether MACD leading or lagging indicator, but its use defines its role. 

When looking at the indicator, it is lagging but its divergence helps in identifying the future trend and hence could be considered as leading. 

Along with this, combining this indicator with the three white soldiers pattern helps you take an informed position in intraday and other short-term trades.

3 white soldiers and macdSummarizing the above trade:

MACD gives a bullish signal at the time 3 candle formation is in process. On completion of the pattern, the MACD line trading above zero line giving a strong bullish signal. Hence, considering these parameters, traders can take a long position and book a profit near resistance level. 

Conclusion

The three-sold pattern gives the trader a strong bullish signal in the market, but as the market involves risk, one should always use indicators like the RSI and moving average to confirm the signals and decide their entry and exit positions.

If you want to learn more about different chart patterns and how to trade them, you can reach out to us. We at Stock Pathshala have multiple stock market courses that can help you learn to trade online without any hustle. 

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

How to Read Candlestick Pattern

by Stock Pathshala Team

Most of the time, you might have heard about using price action strategies to trade in stocks. But for that, it is important to understand candlestick patterns, its anatomy, and most importantly how to read candlestick pattern in different market conditions.

If you are a beginner and want to make a profit in the maximum number of trades, then here is detailed information on how to understand and use these patterns for short-term and intraday trading.

What is a Candlestick Pattern?

In general candlestick pattern is the graphical representation of the price movement and change in the particular time frame. 

The candlestick has three basic features:

  • The body represents the open-to-close range or the difference between the opening and closing prices of a security.
  • The wick, or shadow, indicates the high and low, or the highest and lowest prices reached during the trading day.
  • The color represents the market direction. When there is a green (or white) body, it indicates a price increase in the underlying security, and a red (or black) body shows a price decrease.

How to Read Candlestick Pattern for Day Trading?

Now to use the candlestick pattern for day trading, first of all open a candlestick chart and set the time frame of 15 minutes. 

Some expert traders also trade using a 5-minute chart. 

Now follow the steps below:

  1. Mark or identity support and resistance level. 
  2. Check whether the share price is trading near the support or resistance. 
  3. Now, if the share price is near the support look for the pattern that gives a signal of bullish reversal. For example, hammer candlestick patterns that have a short body and long tail in the downward direction. 
  4. Wait for the formation of another candle. If the breakout occurs, i.e. if the next candle breaks the high of the candlestick pattern then it gives you the signal of a bullish market. 
  5. On the other hand, if any pattern, let’s say hanging man, is formed near the resistance level, then on breakout of the low of the candle signals the strong bearish trend. 

It is important to note that one must wait for the confirmation of the signal and most importantly identify the pattern correctly. 

For example, a short body with a long tail is not always a hammer and hanging man. One must check the length of the wick which should be double the body size of the candle. 

Secondly, check for divergence or momentum using different oscillator indicators to confirm the reversal and upcoming trend in the market. 

Third, it is always good to place stop loss values to avoid any kind of risk in the highly volatile market. For the right trade position learn candlestick patterns from the right source and start making a profit in the share market. 

How to Use Candlestick Patterns for Trading?

In all, the correct usage of candlestick patterns helps a trader take the right position and maximize profit. 

Here are some of the ways by which a trader can use a candlestick pattern:

1. For Confirmation of Signals

When you are using candlestick patterns, you should never rely solely on a single candlestick pattern. It is always suggested to look for confirmation through different types of technical indicators or chart patterns.

2. Different Patterns Can be Used in Different Time Frames

Single candlestick patterns are useful for intraday while for swing or positional trade where the daily chart is used, one can look for uncommon pattern like bullish engulfing, bearish harami, three white soldiers candlestick pattern, etc. 

3. Combination of Patterns

Now hammer candlestick formed after doji gives a better confirmation of reversal and hence you can combine multiple candlestick patterns to increase the reliability of your analysis.

For example, if a bullish engulfing pattern is followed by a hammer, it can strengthen your bullish signal.

To get in-depth understanding of these strategies, you can also refer candlestick pattern book available online.

Conclusion

Candlestick chart patterns provide traders with a powerful tool for analyzing market trends and making well-informed decisions. By effectively learning how to read candlestick pattern in combination with other technical tools, traders can enhance their ability to gain profits and mitigate risk.

Don’t forget that thorough research, continuous learning, and disciplined risk management are the keys to success in trading with candlestick patterns.

Looking for more answers to stock market concepts? Get enrolled with Stock Pathshala today. We have a team of tutors with decades of experience in trading. Clear your doubts and make your trading journey smoother. 

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

Learn Nifty Trading

by Stock Pathshala Team

NIFTY is one of the most popular trading indexes by the NSE (National Stock Exchange). Traders trade in NIFTY as it contains the largest and top-listed companies in the market. But how to learn nifty trading? For that, you need to continue reading.

How to Learn Nifty Trading?

Do you want to learn nifty trading for free and gain basic knowledge or enroll in a detailed and advanced learning course?

If you want to learn for free then the following resources can help.

  • Youtube videos 
  • Blogs
  • Audio Podcasts

If you want to get advanced training in nifty trading then you can choose from

  • Nifty trading online course 
  • Buy advanced trading books 
  • Install the learning application

Books to Learn Nifty Trading

What’s learning without books? They are the ultimate source of knowledge. For a good beginning in trading, you need to learn technical analysis, fundamental analysis, investment strategies and much more. Here we have five books that can help you with a great start.

Learn Nifty Trading App

Traders can learn about trading in different indexes from the Stock Pathshala mobile application.
You can download it from the Google Play store. The application has more than 1 lakh users who are learning trading through different courses.

Here are the features that make this application better than all others:

  • Users can easily understand the language. 
  • Different learning formats are available, which include texts, videos, and audio.
  • You can learn according to your pace based on levels. (beginner, intermediate, and expert) 
  • The application is suitable for Indian users whose native language is different from Hindi or English. 
  • Stock Pathshala has courses in, Gujarati, Telugu, and Tamil.
  • The app enables self-assessment through quizzes.
  • Affordable premium membership to learn advanced concepts.
  • Pro Members get daily live classes.
  • Demat account opening, brokerage discounts, and other offers.

In addition, the Stock Pathshala mobile app has a special function called “Scalps” that will aid you in understanding trading concepts in a minute brief video.

Best YouTube Channels for Nifty Trading

If YouTube has made people great chefs, dancers, and singers, why not great traders? You can learn everything you need from YouTube if you have the zeal and find the right channel.

One of the best YouTube Channels for Nifty trading is Stock Pathshala. They have a team of experienced tutors with vast knowledge of charts, technical indicators, trading psychology, and much more.

In addition to that, the video includes learning in an entertaining way with real-life examples, so you won’t forget any concept. Look at their channel and subscribe; you won’t regret it. 

Best Site to Learn Nifty Trading

A good website is one that contains all the necessary information, has easy-to-understand language, and has an appealing user interface.

Stock Pathshala website gives its users a satisfactory experience when they scroll around the pages and the blog section includes the latest blogs on nifty trading, candlestick chart patterns, option chain analysis, etc.

Nifty Trading Courses

Getting enrolled in a Stock Pathshala course has numerous benefits, including:

  • You get a personal mentor
  • You get doubt-clearing sessions 
  • You can learn from your mistakes 
  • You get assessment quizzes

Stock Pathshala offers courses on multiple segments in the stock market including, trading in nifty, options trading, value investing, and technical analysis. To get registered, install the Stock Pathshala mobile application and become a pro member today. 

Learning nifty trading is not a challenge if you have the right resources around you. But note that stock market trading involves risks and does not guarantee a 100 percent success rate.

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

Learn Option Selling

by Stock Pathshala Team

“Options are made to sell.” This quote seems quite right when we compare the risk-reward ratio of option selling with option buying.  But how to make profit from selling options? Do you want to learn option selling? 

Let’s explore in this article how you can do that.

How to Learn Option Selling?

Option selling includes deciding the right amount of premium, analyzing market volatility, and much more. 

Before you continue to learn option selling, we would suggest you learn option trading in detail and then get into it. 

But if you have already done that, then there are different ways through which you can get option selling strategies on your tips. Note that options have a higher risk probability than the other segments of trading, so it’s better to learn wisely.

Multiple resources like books, blogs, and videos can help you gain knowledge about the options. Although it is always advised to seek guidance from experienced traders.

We are not asking you to knock on someone’s door right away. You can read books written by top-class traders and finance educators.

Best Books to Learn Option Selling

Books have every detail and answers to most of your questions. Here are five well-praised option trading books that can help you with option selling.

 

Best App to Learn Option Selling

Option Sellers can learn about factors affecting option premium, and different option selling strategies from mobile applications. One such application is Stock Pathshala.

With more than 1 lakh trusted users, it teaches you multiple stock market concepts with the following features:

  • Its education is linguistically and easily comprehensible’
  • You can learn whether it is through text, audio, or video. 
  • Levels from beginner to expert are available on the app.
  • People who speak two languages can also learn in their first tongue. 
  • The courses are offered in Hindi, Gujarati, Telugu, and Tamil in addition to English. 
  • With quizzes, the app facilitates self-evaluation. 
  • Online courses that are free in text, audio, and video formats. 
  • Budget-friendly pro membership to learn advanced concepts. 
  • Pro Members have access to daily live classes. 
  • The opening of a demat account, brokerage discounts, and many other attractive offers.

Apart from this Stock Pathshala mobile application has a unique feature called “Scalps” that will help you understand option-selling concepts in less than a minute of video. To know how it works, you must download the app from the Google Play Store today.

You will discover many more intriguing features once you have the app installed.

Learn Option Selling Youtube

Videos make learning easy and interesting. Here are two video platforms for your benefit. 

YouTube can help you with Option selling. Trading psychology can be learned from various podcast videos of traders. You can watch content creators and choose the one that speaks your language.

Option Selling Courses

All the above options are for people who are good at self-study, but if your way of learning is getting a tutor, then we suggest you enrol in an online Option selling course. 

The course will help you learn concepts in a disciplined manner, and you can do dummy trading (without real capital) as well.

Stock Pathshala has various courses for its users. These courses are defined at different levels, like beginner, intermediate, and expert.

Conclusion

In conclusion, traders can learn about option selling from various resources on the internet. Most people prefer easy modes of learning that can be accessible whenever they want. For example, blogs and mobile applications. 

If you want to start option selling today, you can reach out to Stock Pathshala. Our team will guide you with Option chain matrices, option trading strategies, etc.

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

Learn Option Strategies

by Stock Pathshala Team

Option trading strategies help traders mitigate their risk and maximize their profit. But it is important to understand which one to use in different market conditions. So, before you execute the trade first learn option strategies in detail. 

How to Learn Option Strategies?

How to learn a skill or a course completely depends on the choice of content format that you find accessible and easy to understand. The internet provides us with a lot of options trading strategy data for free, and paid courses for advanced strategies as well.

Which one are you willing to choose first?

If you are a beginner, we would recommend that you start with free resources and then jump to the paid study material. But if you are a studious human being, then all the best for all kinds of learning.

A willing learner can learn from anywhere, but they can do even better with good resources. 

Now there are multiple available resources on the internet and some of them are FREE! There is nothing wrong in that but it is important to choose the right platform. 

Option Trading Strategies Blog

Blogs are short content that helps you in understanding the concepts, and basics of option trading strategies. 

There are some websites with detailed concepts of different trading styles that provide every single detail in the form of images and real-life examples. All this ultimately helps a trader in making trading decisions. 

One such website with useful and detailed content on Option Strategies is Stock Pathshala. The website blog covers major option trading strategies believed to be profitable by experienced traders.

Learn Options Strategies on YouTube

YouTube is an amazing video platform where different types of content creators post their work. Some to entertain and some to educate. You will find many option-trading educators on YouTube as well.

Don’t forget, the stock market is risky, so it is important to choose your tutor wisely. Stock Pathshala provides the latest updates and easy concept briefings on option trading concepts through their YouTube Channel. You can subscribe to the channel today.

Option strategies Podcast

Just like music, audio podcasts are becoming the next favourite of the new generation. Do you listen to them?

Turn on the chapter and learn option strategies by listening to experts. 

Stock Pathshala audio podcasts have lessons on technical indicators, risk management, price action, and whatnot. Whether it is the Spotify or Gaana app, you can follow the channel and listen to multiple chapters.

Option Trading Strategies Book

Apart from the free options there are some paid and better options to learn strategies in option trading. 

One such option is books. Books are the best resources for learning. If you are a good reader, then the most beneficial thing for you to do is read books on Option trading strategies.

Given are five top option trading strategies books that you can start from. 


There is a concern with books, that they have loads of text for those who are not fond of reading, but we have got them covered too.

App for Learning Option Trading Strategies for Beginners

Grab your iPad, tablet, or smartphone and begin learning option strategies online. If reading is kind of boring to you, or your attention span is a little shorter, No worries. You can learn through other forms of media.

Options trading can be learned from a mobile application as well. Stock Pathshala has a user-friendly mobile app to make education easier and more convenient for traders.

Some of the best features of this application are:

  • It has an easy-to-learn, language-friendly education.
  • Video, audio, or text—you can learn anyway. 
  • The app gives you levels from beginner to expert.
  • Bilingual people can learn in their native language as well. (In addition to English, the courses are available in Hindi, Gujarati, Telugu and Tamil.)
  • The app helps you do self-assessments with quizzes. 
  • Text, audio, and video courses that are free. 
  • Pro membership that is affordable for learning complex concepts. 
  • Live classes every day for Pro Members. 
  • Offers on opening a demat account, brokerage discounts, and much more.

There are many more exciting features that you will learn about after installing the app.

Conclusion

In conclusion, learners can learn option trading strategies from the internet, a mobile application, or an option trading course. 

We at Stock Pathshala have a team of experienced tutors. You can enroll in any of the courses, from long-term investment to learning derivatives. To get to know us better, you can visit us on YouTube and Spotify as well.  

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

Learn Value Investing

by Stock Pathshala Team

Did you know that Warren Buffet is the world’s best value investor? Value investing includes choosing and buying stocks that might perform well in the future. So, if you also want to invest your money smartly then it is the best time to learn value investing. 

In this article, we have provided you with different options to learn about share market investment.

How to Learn Value Investing?

The best way to learn a skill or a course depends on the type of content that you find most accessible and easy to understand. 

Now when it comes to learning one can find multiple options offline and online. 

When it comes to online, the internet provides a wealth of free options trading strategy data, as well as paid courses for more advanced strategies.

Which one are you willing to choose first?

If you are a beginner, we would recommend that you start with free resources and then jump to the paid study material.

Learn Value Investing Free

You don’t have to pay lakhs of rupees to learn value investing. The Internet has plenty of resources, so you can learn for free. 

These resources include free websites, blogs, YouTube channels, podcasts, and mobile applications. Let’s know about them in detail. 

Blogs to Learn Value Investing

When it comes to learning the concepts of value investing, then there are many websites where you can find useful content in the form of blogs and articles. 

However, this content is a little unstructured in most of the sites and can lead to confusion. 

To get detailed and structured content on value investment, check the Stock Pathshala website now.

Learn to Invest Youtube

Reading is not everyone’s cup of tea, but everyone deserves to learn, and the other way to learn is through YouTube. 

YouTube has numerous video lectures, interesting facts, and strategies from famous investors. One good thing about YouTube is that it is free.

You can search for different value investing videos and gain knowledge from various finance content creators. Stock Pathshala is one of the best value investing channels on YouTube. The mentors in their videos guide you through the pros and cons of every investing strategy.

Go to the channel now and look at how it makes learning stock market concepts so easy. 

Value Investing Books

A good value investor quickly picks up the stocks that the market is underestimating. But choosing these stocks isn’t a hit-and-run method. 

You have to do a financial and fundamental analysis of the company before investing in any company. Here are some of the best value investing books that can help you with it.


Value Investing Courses

Whether it is fundamental analysis, technical analysis, or financial analysis, all require deep knowledge of different industries, their growth, technical indicators, and much more.

To get thorough knowledge of the concepts, learners can enroll in Stock Pathshala’s Courses.

The benefits of learning through a course are:

– Regular assessments

– Guidance from experienced tutors

– Latest industry updates

– Advanced study material

Learn Value Investing App

The following are some of the application’s best features:

  • Its education is linguistically and easily comprehensible.
  • You can learn in any format—video, audio, or text. 
  • You can choose from levels that range from beginner to expert on the app.
  • The courses are also offered in Hindi, Gujarati, Telugu, and Tamil in addition to English.
  • Quizzes on the app assist you in conducting self-evaluations. 
  • Affordable pro membership for understanding advanced concepts.
  • Every day, Pro Members can attend live classes. 
  • Discounts on brokerage fees, offers for opening a demat account, and more.

Here’s a tip: There are many more fascinating features that you will discover after installing the app.

Conclusion

In conclusion, value investing is a crucial skill for investors. You can learn it from various resources like blogs, videos, mobile applications, value investing courses, etc.

Stock Pathsahla provides all the content formats for its learners with advanced and updated market knowledge. Interested candidates can enroll in the course and begin walking the path of a value investor. To know us better, you can visit our Spotify Podcast as well.

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:

Learn Currency Trading

by Stock Pathshala Team

Currency trading, also known as forex trading, is one of the most popular and interesting trading forms. Traders across the globe buy and sell currencies in order to earn a profit from the difference in its value. But how to learn currency trading? 

The answer is here. Let’s find out various ways to start our journey with currency trading.

How to Learn Currency Trading?

One thing that makes currency trading unique is that you have to analyze global markets and the economies of different nations. So it requires learning subjects like political science and economics along with fundamental analysis.

Were you a studious bookworm during the school days or someone who only liked to listen to the teacher’s stories? We have a solution for both of them.

Currency trading can be learned through books, blogs, YouTube videos, and even audio podcasts.  It’s time to explore the sources where you can find all the right chapters.

Currency Trading Books

Books are the best source of knowledge. They have vast information and answer almost every question. But with so many books around, which one should I read for currency trading? Here is a list of five of the most trusted and best-selling currency trading books.

 

Best Site to Learn Currency Trading Online

Learning anything online is the most convenient form of education. Similarly, you can learn currency trading online. It is free, requires no hustle, and you can open it on your mobile device or PC whenever you want. Here are some of the popular ways to learn currency trading online:

Blogs teach you a concept with just a 5-minute read. There are thousands of currency trading blogs available on the internet. But not all of them would have accurate information. If you wish to start learning through blogs, visit the Stock Pathshala website. 

There, you will find articles on all the important currency trading topics in a language that is easy to understand.

Currency Trading YouTube Channel

Do you want to learn how to trade currencies without reading long paragraphs and heavy books? If so, then you need to check out the Stock Pathshala YouTube channel!

It has a bag full of currency trading videos that will teach you everything you need to know about it, from the basics to advanced strategies. The videos are created by experienced traders who know what they’re talking about, and learners get accurate information.

Some additional benefits of learning from the Stock Pathshala YouTube Channel are:

  • You’ll learn from experienced traders who know what they’re talking about.
  • You’ll get access to a variety of resources, including video tutorials, articles, blog posts, and a live chat room.
  • You can ask questions in the comment section. 
  • You can learn at your own pace.

So what are you waiting for? Subscribe to the channel today!

Best App to Learn Currency Trading

Wouldn’t it be great if you had a currency trading tutor at home? Stock Pathshala mobile application does the same for learners.

It is designed to make stock market learning easy and affordable. The application has free articles, courses for beginners, and advanced education for those who have a zeal for trading. The given features will surely make you visit the app once:

  • Easy-to-learn, language-friendly education
  • You can learn in all formats; video, audio, and text
  • Course levels range from beginner to expert
  • Native language support for bilingual learners (Hindi, Gujarati, Telugu, and Tamil)
  • Self-assessment quizzes
  • Special feature ‘Scalps’ for quick learning 
  • Affordable Pro membership for learning complex concepts
  • Daily live classes for Pro Members
  • Offers on demat account opening, brokerage discounts, and more

This is not the complete list yet; download the app from the Google Play Store and see for yourself.

Conclusion

All types of trading involve market risks, as stock market movements can never be predicted with 100% accuracy. 

However, with proper learning and technical analysis, you can minimize your risk and increase the probability of profit.

Keep in mind that you cannot completely depend on technical analysis alone; there are other factors, like trading psychology, that can affect your trade. To learn more, reach out to Stock Pathshala. 

We have tutors with years of experience who can help you out with the troubles you get while looking at charts, applying technical indicators, or answering questions that arise while making a trade. 

In case you’d like us to call you back to explain more about stock market learning, just leave your contact info below:


 

Technical Analysis Kaise Sikhe

by Stock Pathshala Team

क्या स्टॉक का टेक्निकल एनालिसिस करना आपको भी मुश्किल लगता है? वैसे कोई भी नया टॉपिक आसान कभी नहीं लगता लेकिन एक सही समझ और निरंतर अभ्यास से हम उसे आसान बना ज़रूर सकते है। तो अब बात आती है की technical analysis kaise sikhe?

टेक्निकल एनालिसिस सीखने के बहुत से विकल्प है बस आपको अपनी ज़रूरतों के अनुसार एक सही ऑप्शन को चुनना है।

Learn Technical Analysis in Hindi

आज के समय में जब इंटरनेट से दुनिया भर की जानकारी आसानी से मिल जाती है तो ऐसे में कुछ नया सीखना तो और भी आसान होगा न। एक तरह से टेक्निकल एनालिसिस सीखने के लिए सिर्फ ऑफलाइन ही नहीं ऑनलाइन विकल्प भी है, जैसे की”

  • किताबे
  • वेबसाइट ब्लॉग
  • यूट्यूब
  • वेबिनार
  • मोबाइल एप

लेकिन है इन सब विकल्पों में से सही विकल्प को चुनने से पहले कुछ ज़रूरी बातो पर या ये कहे की प्रश्न पूछना ज़रूरी है, जैसे की किसी भी विकल्प में:

  • क्या क्या सीखने को मिलेगा?
  • क्या-क्या माध्यम से सिखाया जाएगा?
  • क्या ये आपकी ज़रूरतों के अनुसार है या नहीं?
  • किस भाषा में पढ़ने को मिलेगा?
  • कितने समय में टेक्निकल एनालिसिस पूरी तरह से समझ में आएगा?

इन सब प्रश्नो के उत्तर के अनुसार एक आप एक सही विकल्प का चयन कर सकते है।

Technical Analysis Books in Hindi

किताबे हमेशा हमें कुछ न कुछ सिखाती है और जब बात टेक्निकल एनालिसिस सीखने की आती है तो मार्केट में कई ऐसी किताबे है जो हिंदी में लिखी गयी है और मार्केट के कांसेप्ट को तकनीकी विश्लेषण सीखने में महत्वपूर्ण है।

इनमे से कुछ नाम निम्नलिखित है:

Best App to Learn Technical Analysis in Hindi 

अब जब बात डिजिटल इंडिया की आती है आज के समय में सीखने वालो ने अपने सीखने के अंदाज़ को भी बदल लिया है। गए वो दिन जब क्लासरूम में एक शिक्षक कुछ विद्यार्थियों को पढ़ाया करते थे। आज के समय में एक शिक्षक मोबाइल एप से एक समय में हज़ारो विधार्थियो को पढ़ा सकता है।

अब जब बात मोबाइल एप से टेक्निकल एनालिसिस यानी की शेयर मार्केट सीखने की आती है तो कई ऐसे एप मार्केट में उपलब्ध है।

अब इन मोबाइल एप में टेक्निकल एनालिसिस और दुसरे कोर्स के लिए एक फीस देनी होती है, लेकिन अगर आपको कोर्स पसंद न आया तो ट्रेडिंग से पहले या नुकसान होना निश्चित है। अब ऐसे स्थिति से बचने के लिए आपके लिए Stock Pathshala एप है, जिसमे आप Guest User की तरह भी Sign-up कर सकते है और इसके साथ कुछ कोर्स बिलकुल मुफ्त भी है।

अगर आपको मुफ्त कोर्स पसंद आये तो आप एप का सब्सक्रिप्शन ले बाकी के कोर्स और लाइव क्लास में भी सीख सकते है।

आइये इस एप की कुछ और विशेषताएं आपको बताते है:

  • विभिन्न भाषाओं में स्टॉक मार्केट कोर्स।
  • विभिन्न माध्यम (text, audio & video) में कोर्स का विकल्प।
  • Scalp जिसमे 1 मिनट के शेयर मार्केट के मुश्किल कांसेप्ट को आसान भाषा में समझाया जाता है।
  • हर कोर्स के बाद quiz जो आपकी समझ का आंकलन करने में महत्वपूर्ण होती है।
  • लाइव क्लास जिससे आप स्टॉक मार्केट एक्सपर्ट से सीधे सीख सकते है।

Best Youtube Channel to Learn Technical Analysis in Hindi

अब जब बात ऑनलाइन सीखने की आती है तो Youtube एक बहुत ही प्रचिलित माध्यम बन चुका है। यहाँ पर आप मार्केट के कई तरह की अवधारणा को निःशुल्क सीख सकते है। हां लेकिन एक चैनल जो आपको सही जानकारी दे रहा हो उसका विश्लेषण करना काफी ज़रूरी है।

एक ऐसे ही चैनल की बात की जाए तो Stock Pathshala यूट्यूब चैनल है जिसमे 20 हज़ार सब्सक्राइबर है और वह स्टॉक मार्केट पॉडकास्ट वीडियो और शॉर्ट्स के माध्यम में शेयर मार्केट और टेक्निकल एनालिसिस की जानकारी देता है।

आप अपने अनुसार सही Playlist का चुनाव कर मार्केट की जानकारी और अनुभवी ट्रेडर से सीख अपने ट्रेड के सफर को शुरू कर सकते है।

हां यूट्यूब से सीखने का एक नुकसान ये है की आपको कई बार अधूरी जानकारी मिलती है या फिर वो सब सीखने को नहीं मिलता जो आप सीखना चाहते है।

Best Site to Learn Technical Analysis in Hindi

अब अगर आपको पढ़ने का शौक है लेकिन किताबें लेने में अपने पैसे नहीं लगाना चाहते तो उसके लिए कई ऐसी वेबसाइट है जहा पर ब्लॉग और आर्टिकल पढ़ आप शेयर मार्केट के बारे में जान सकते है।

Stock Pathshala की वेबसाइट पर भी आपको कुछ ऐसे ब्लॉग मिल जाएंगे जहा पर स्क्रीनशॉट की साथ आपको मार्केट की जानकारी और समझ प्राप्त करने का अवसर मिलेगा।

टेक्निकल एनालिसिस के साथ कैंडलस्टिक पैटर्न, इंडिकेटर के फायदे और नुक्सान और इंडिकेटर को इस्तेमाल करने के सही तरीके, इन सबसे जुड़ी सभी जानकारी आपको इंग्लिश और हिंदी दोनों भाषाओं में मिल जाएंग।

निष्कर्ष

सीखने की चाह अगर हो तो आज के समय में बिलकुल मुश्किल नहीं है, बस ज़रुरत है सही विकल्प को चुनने की। अब इसके लिए आपको कई माध्यम बता दिए है आपको बस अपनी ज़रुरत के अनुसार सही विकल्प को चुन ज्ञान प्राप्ति की ओर बढ़ना है।

शेयर मार्केट को सीखने से संभंधित और जानकारी के लिए नीचे दिए गए फॉर्म में अपना विवरण दर्ज़ करें और हमारी टीम आपको कॉल कर आपकी मदद करेगी:

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