It is often observed that traders tend to be attracted towards building complex strategies that process a huge set of instructions built into their algorithm. Several books are read on statistics, technical analysis, fundamental analysis, algorithm building etc. that promise winning strategies…
The term overbought is used to describe a stock or market that has advanced or reached a point, from where it historically retreated or moved lower. To identify overbought conditions in markets, traders and investors use technical indicators known as oscillators…
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