Drawdowns and Losses in Trading
Drawdowns and losses in trading are normal.
Sideways Movement
In the trading community, you may often hear terms like range, flat, sideways movement, or channel—these are all different names for the same pattern.
Order Block
An Order Block (OB) is a candlestick formation that helps identify where a major player is placing their position to buy or sell an asset.
Trend Movement
The market is always in a trend movement or in accumulation/distribution. For the price to start moving up, a major player needs to accumulate a position. To do this, the price is held in a narrow range. After the position is accumulated, an upward trend movement begins. To make a profit, the accumulated asset needs to be sold. As with accumulation, the major player confines the price to a narrow range where they sell their asset. Once the position is distributed, a downward trend movement begins. To summarize: accumulation phase - upward trend movement - distribution phase - downward trend movement. This whole sequence is called the market cycle.