Spiritual-Trader

Stop looking for QUICK SOLUTIONS.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Unfortunately, in today's trading environment – even with all of our high-tech everything - most retail traders, media pundits and even professionals simply cannot see three feet beyond their nose, let alone light a reliable path into the distance. Fact is, analysts, retail traders, media and even many high-finance professionals feel empowered with their 50,000 watt technical analysis and 'reliable information' fog lights. We're really talking about the blind and oblivious mass acceptance of grimy and opinionated information, simply because such is 'the accepted standard'.

The problem is - the big shiny lights do nothing more than actually create a 'blinding screen' on the face of the brume. All too often, media, analysts, and masses don't even have a clue the tool they're depending on for guidance - is really the problem.

To truly understand why much of the information we believe to be valid within trading and markets is flawed, we have to be willing to invert what we have previously accepted as valid. What I'm saying is that metaphorically, if we want to understand volatility and markets, we must be willing to consider the possibility that what we have learned and believe as 'truth' and/or 'the right way', may not be so correct after all.

Again, let me clarify. I'm not saying the information you have received is just plain wrong… What I am proposing is perhaps a different paradigm exists within trading, markets, and the validity of information we accept from mainstream media,and to transcend and evolve in our ability to comprehend, predict, and profit within cryptocurrencies, forex, equities, options, futures , whatever…we must be willing to accept an inversion of what we have come to know as truth. Perhaps, what we believe to be true - right now - may not be.

Trade with LOVE, PASSION and PURPOSE.
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Comments

Nothing goes to the moon without ups and downs.

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If you don't mind me sharing, which, awesome read btw, thanks for sharing.
But would love to jump on this and where I stand.

Fundamentals are very important and I get that, especially when you have stock which depends on the environment of the company, sales, the world, what people are buying, etc... The analysis is simply a tool to optimize your chance in a good entry lets say. Forex, world currency, also affected a lot by the economy of the countries, another country, so many variables in play.

But as for crypto, I feel that crypto is more influenced by the raw nature of a market which allowed us over the decades, predict some behaviours through recognizable patterns, something simple as a shoulder head shoulder, or a bullish symmetrical triangle, the bases of a market follows these patterns for the simple reason... it follows human behaviour. If you're in a room and everyone starts doing something.... you'll most likely do it, if everyone starts getting scared, that alone will make you scared even though you don't know why they're scared. and as much as the world changes... human fundamentally, don't...

Crypto, is not based on a company, well bitcoin at least, not based on a country...e even though policies do affect it... Crypto is more of the human behaviours than most market right now which explain why, is so easy to predict, unlike another market. It makes me feel safer to trade crypto than stocks but wait, crypto is very high-risk and volatile.... to the opposite, much easier to predict. Yeah, but one single person (whale) can crash everything? yeah, and that person is human so you know exactly when he's coming in...

In the end, I believe more into the mysterious laws of Fibonacci as its determinating the numbers of female bees in a hive, to what ration of branch a tree in, to how far the planet s are away from each other or the angle our DNA/planets wabbles. So when understood and applied on a market... I trust it more than many fundamentals.... its called a retracement for reason, even though event makes it go up and down, subcortically or naturally, it will b attracted towards a certain direction. which becomes an indicator.

But all said..... I only use x3 moving average lines and will draw out my prediction a guide frame using Fibonacci ratios on all the angles.
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