Trading is not as simple as we think but it needs good learning and enough time to watch the market and understand the market conditions. But if you are done with all these then surely you will earn good income from this profession.

In this post I will share some basic rules and tips about trading which will let you start your career. These tips are good but are not enough to be expert in trading. There are many more to learn about trading that will help you to become a complete trader.

There are many traders who even dont know about the basics of trading which is very must to understand. I will discuss three main things about trading which will cover 50% of the learning.

The first and foremost thing is to know about the support and resistance levels. All those areas where buyer pushes the price is known as support and all those areas where seller pushes down is known as resistance.

When you start your trading, first of all mark all the support and resistance levels which will help you in understanding the market trend. Also keep on drawing the trendline to know where the market will go.

The second important thing is the market volume. Until there is no volume there will be no movement as well. Especially when you are at support and resistance levels, what will decide the breakouts?

There are two things to identify the breakouts, market structure and the second one "Volume". Whenever you see volume above the EMA line and there are strong bullish candles formed then its a clear breakout.

The third important thing is to know about the liquidity points. Its very simple about the liquidity, all those levels where buyer or sellers have put their stop loss is the liquidity point. I have some examples share in the chart and hope you guys have understand it.

I hope you find this post interesting and I hope you enjoy it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.