Some traders feel a bit lost when they hear the word “stochastics”. What does stochastic even mean anyway? What does it tell me about the market? The stochastic indicator is more commonly used in forex, but it can be used for stocks too. If you want to know if stochastic can help your trading, and how, then keep reading. The Stochastic indicator is one of the most useful trading tools a trader can use. It’s a momentum oscillator. The word itself sounds more complex then it actually it is. A stochastic is an indicator that tells us overbought and ...Read more
