Here are some tips that may help you be successful in stock trading:

1. Start by educating yourself: It's important to learn as much as you can about the stock market
before you start trading. This will help you understand how it works and give you the
knowledge you need to make informed decisions.
2. Develop a trading plan: A trading plan can help you stay organized and on track. It should
include your investment goals, risk tolerance, and strategies for buying and selling stocks.
3. Keep an eye on the news: Stay up to date on economic and market news that could affect the
stocks you're trading.
4. Diversify your portfolio: Don't put all your eggs in one basket. Diversifying your portfolio can
help reduce the overall risk you're taking on.
5. Be patient and disciplined: It's important to stay patient and not get emotional when trading
stocks. Stick to your plan and don't let greed or fear cloud your judgment.
6. Use stop-loss orders: Stop-loss orders can help you limit your losses by automatically selling a
stock if it drops below a certain price.
7. Seek professional advice: If you're new to stock trading or want to learn more, consider seeking
the advice of a financial advisor or professional stockbroker.

There is no one "best" indicator for stock trading, as different indicators are useful in different
situations and can provide different types of information. Some popular indicators that traders may
use include:

1. Moving averages: these show the average price of a stock over a certain period of time and can
help traders identify trends.

2. Bollinger bands: these are bands that are plotted around a moving average and can help traders
identify periods of high and low volatility.

3. Relative strength index (RSI): this is a momentum indicator that measures the strength of a
stock's price action and can help traders identify overbought and oversold conditions.

4. Stochastic oscillator: this is another momentum indicator that compares a stock's closing price
to its price range over a set period of time and can help traders identify potential trend
reversals.

5. Macd (moving average convergence divergence): this is a trend-following indicator that uses
the difference between two moving averages to identify trends and potential trend reversals.

It's important to note that no single indicator is perfect, and it is often useful to use a combination of
indicators in order to get a more complete picture of the market.
The Relative Strength Index (RSI) is a popular technical analysis indicator that measures the strength
of a security's price action. It is a momentum oscillator that compares the magnitude of recent gains to
recent losses, to determine if a security is overbought or oversold. The RSI is typically used as a
supplemental indicator to help traders and investors identify potential entry and exit points in the
market.

The RSI is calculated using the following formula:

RSI = 100 - (100 / (1 + RS))

Where RS is the average gain of the security over a given period of time divided by the average loss
over the same period. The RSI ranges from 0 to 100, with a reading of 70 or above indicating that a
security is overbought, and a reading of 30 or below indicating that it is oversold.

Traders and investors often use the RSI in conjunction with other technical indicators and chart
patterns to confirm their trades. It is important to note that the RSI is a lagging indicator, which means
that it is based on past price action and may not always be a reliable predictor of future price
movements.