A pairs trade is a tactic that involves buying one asset while simultaneously selling another highly correlated asset in order to potentially benefit from price fluctuations between the two assets. This strategy may be helpful in capitalizing on market trends and reducing market volatility risks. We welcome mooers to participate in this competition and share their trading ideas.
The rules are pretty simple:
Step 1: Identify two assets. It...

Charts are tools for traders and investors to evaluate stock prices and identify trends and patterns. Although various chart types are available, the most commonly used are line charts, bar charts, and candlestick charts. Understanding these basic charts is helpful for making informed decisions in the stock market. Luckily, with the moomoo app, selecting and switching between different chart types is simple.
To help you unde...

I need all the decision making material and sources I can have for better decision making processes!

Introduction
Candlestick charts offer unique advantages over others like line and bar charts when tracking stock performance. They provide a comprehensive and detailed visual representation of price action within specific time frames, making it easier to understand market sentiments.
In-depth Data Analysis
First, unlike a line chart, which only plots closing prices, or bar charts, which can be cluttered, candlesticks encapsulate four key pieces of information in one ...

Candlestick charts are frequently viewed as the most informative and indispensable tool for technical analysis among the commonly used chart types. In addition to traditional candlesticks, we are excited to introduce two advanced candlestick chart types that can further enhance your analysis.
How do these advanced candlesticks work? What sets them apart from traditional candlesticks? Let's take a closer look and find out!
Heikin-...