Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money

79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Tricks of the trade

How to Day Trade Stocks & Indices

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  • Place your first trade
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Tricks

The Beginner's Guide to Trading Candlestick Patterns

Ryan O’Doherty, Head of Product Development at CMC Markets, gives us his beginner’s guide to trading with candlestick charts. He guides us through nine of the different candlestick patterns, using the CMC Markets trading platform to illustrate each pattern at multiple time intervals.

These candlestick charts include the doji, the morning star, the hanging man and three black crows. Ryan will talk through how to use these charts in practice, and what they mean for your trading strategy.

To see how to use candlestick charts within your own trading process, watch the full video below:

 

 

Thanks for watching; be sure to catch the other videos in this series: Learning to trade with Fibonacci retracements and The top 5 trading mistakes to avoid.

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Disclaimer

Past performance is not a reliable indicator of future results.

CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

CMC Markets does not endorse or offer opinion on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.

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