Copy trading can be a valuable tool for novice traders looking to catch the bottom of a bear market. It allows users to replicate successful trades of experienced traders and learn from their strategies.
Dollar-Cost Averaging (DCA) is a strategy where a fixed amount of an asset is periodically purchased, regardless of the asset’s current price, to mitigate risk and potentially reduce cost basis.
Candlestick patterns are crucial in trading. Each candle has a body and a wick, and its color represents buying or selling pressure. Different patterns indicate market sentiment and trend direction.