Here is the 5 TIPS TO DO with your mistakes: 1. Acknowledge Your Errors So often, we say things like, “It’s unfortunate, but market goes opposite me” or "SEC lawsuit crashed prices, so I lose" But blaming other people or minimizing your responsibility isn’t helpful to anyone. Before you can learn from your mistakes, you have to accept full responsibility for...
Hey! When we start trading we want to make a lot of money and became millionaires by the end of month. This awesome motivation could be cut off easily without following simple plan and strategy. When I started trading I entered only with 100$ account and loose it all within a month. I didn’t payed attention to my personal financial plan and rules, which cost me a...
Hey here is Technical Patterns cheat sheet for traders. 🖨 Every trader must print this cheatsheet and keep it on the desk 👍 🖼 Printable picture below (Right click > Save Image As…) In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral...
Hey guys! Do you agree with me?! It's easy to become charmed by the prospect of making rapid money in the financial markets, yet trading makes almost no one rich – in fact, many individuals lose money* If you like my graphics, please use Like button 💙💛 * 90% of traders losing money, only 10% get profits. Why? Here is 3 reasons: 1) Most traders Enter A...
Hello, here is a cheat sheet for Elliott Waves for top 10 Rules, so you can print this out and keep on your desk. The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors....
Hey! Everybody wants to get rich. But not many from us know what it takes. In this article let's discuss Investing income from annual percentage yield (APY) . Key point is the percentage of income can be different from your location, but lets make our calculations from 8.0% APY. Why this strategy is Affordable for ALL? Well, for calculation I've used only...
Hey guys! In this article you will learn about 5 RULES DISCIPLINED TRADERS FOLLOW, let's dive in it! But before you do so, make sure you follow my page and turn TradingView notifications ON! Let's go! 1️⃣ Follow Financial Plan, Do Not Go All In A trading plan is a written set of rules that specifies a trader's entry, exit, and money management criteria for...
Hey traders! RSI divergence, a key concept in technical analysis, occurs when the relative strength index (RSI) of an asset shows different patterns compared to its price movements. If you like my graphics, share some 💙💛 Bullish Divergence: In a bullish divergence, the RSI indicates the asset is oversold, forming higher lows, while the price action...
Hey! Have you been spending day thinking about mistakes you made and things you didn't do? Investors are knowingly comparing an exchanges to a casino. A gambler, losing, does not get up from the gambling table in the hope of winning back. He believes that the likelihood of winning increases with every lost bet. This phenomenon, called player mistake, is common...
Ever wondered about Adam and Eve in trading? It's a straightforward and powerful pattern. Hello dear traders! If you like my graphics, please use Like button 💙💛 Picture Adam as the first market peak or dip, and Eve as the second, forming a U-shape. This pattern highlights a robust price level, suggesting a potential market shift. How to Utilize It? In...
Hey! When we all started we passed trough some difficulties in trading. Usually we face this problems during first year of trading. Most of people by the end of year losing all of money and quit trading forever. Basically this caused by overtrading and having no idea what to do. Like many business in our lives trading require some abilities and technics which...
Wyckoff Accumulation & Distribution is a trading strategy that was developed by Richard Wyckoff in the early 1900s. It is based on the premise that markets move in cycles and that traders may recognize and use these cycles. In accumulation phase Wyckoff strategy involves identifying a Trading Range where buyers are accumulating shares of a stock before it...
What exactly is risk management? The ability to control your losses so that you do not lose all of your equity is referred to as risk management. This is a system that may be applied to everything that involves probabilities: trading, poker, blackjack, sports betting, and so on. Many inexperienced traders underestimate the significance of risk management or...
Hello, You may have never heard of Elliott Wave Theory before! Here is a cheat sheet for Elliott Waves for top 10 Rules, so you can master them all! print this out and keep on your desk. How do you read Elliott waves? The Elliott Wave Theory is interpreted as follows: Five waves move in the direction of the main trend, followed by three waves in a correction...
This trading method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies originally designed for traders and investors. Wyckoff devoted much of his life to studying market behaviour, and his work still influences much of modern technical analysis (TA). Currently, the Wyckoff method is applied to all types of...
Traders should print this cheat sheet out and keep it by their desks! You can save this cheat sheet using Like and Bookmark features! Reason why I wrote this post, is tremendous amounts of Bullish signals in @TradingView community, just take a look at front page and first pages of Ideas tab. IMHO this is signal of "Back to Normal" phase and we are appoaching...
In this vid I will explain about Price action Basic Tool. This tool is exceptional and most used in trading and technical analysis. This video will help new traders how to analyse chart and find trades according to price action. Bump Like if you enjoyed the video and find it useful. Best regards, Artem Shevelev
Hey! Reading market emotions could be pain in ass ¯\_( 👁️ ͜ 👁️)_/¯ But what you can do about it? M arkets always flow in ups and downs, every minute emotions change so the market following well known sequence of emotions: ... Optimism — Believe — Excitement — Thrill — Euphoria — Complacency — Denial — Fear — Desperation — Panic — Capitulation — Anger —...