In this idea I would like to cover basic market/crypto terminology for beginners!
Trading is a speculation in various assets with the aim of making a profit.
Technical analysis is a type of market analysis that uses information from price movements on a chart.
Fundamental analysis is a type of market analysis that uses information about a project, segment and...
Hello traders.
In this video, I delve into the fundamental principles of risk management tailored specifically for beginner traders entering the world of financial markets. I start by emphasizing the importance of understanding risk and its implications on trading outcomes. By setting clear goals and objectives, traders can align their risk management strategies...
There have been quite few books written about this, and mainly, they deal with how to avoid being defeated by your own fear and greed. Fair enough, and this article does NOT replace them.
The books are best suited to those who have traded for a while, and need to improve their performance. If you are a beginner, you won't know the first thing about the various...
My todays topic is Unveiling the Secrets: The Road to Forex Success - Proven Strategies to Safeguard Capital and Skyrocket Profits! .
In the realm of foreign exchange trading, novice traders often encounter challenges as they embark upon their journey in the forex market, resulting in unfortunate losses of their capital. Regrettably, due to my current absence of...
This topic is so important, that´s why I wanted to share it with you and hope I can reach as much people as possible. Hope it will help some :)
I saw in the last years many who crashed their accounts very hard, they lost a lot of money and for some it was very dreadful!
It is hard to watch this people how they burn money and bring even his own family in...
Altseason is the moment when the big players have taken profits from bitcoin and now the capital is flowing from bitcoin to altcoins! You must understand that not all altcoins will be profitable in the same way!
No need to focus on specific dates and try to predict the future. Your task is to adapt to the market order flow.
The first wave of momentum is...
A crucial decsion traders must make on each and every trade they take is lot sizes. What's the ideal lot size to take? What's the metric in which a trader uses to solve this ordeal?
Here's my method:
1.) Start off with a high lot size. Say....7 normal lots.
2.) At this point, when imagining trading with this lot size you should feel a sense of anxiety,...
A trend is the general direction of a market. Unless something happens to change the trend, a currency or commodities price tends to move within a channel. A channel is formed by a Support level and a Resistance level. The Support level is the trendline for the Lows and the Resistance is the trendline for the Highs. Adding in additional Trendlines, between Support...
Identifying the Support (lowest price), Resistance (highest price), and Key Levels (areas price gravitates to between Support and Resistance) one two or more timeframes. Today, I have them marked on the 4H and 1H Timeframes.
Identifying Support
Support is the lowest level a price will go before reversing. A support is created in two ways. The first way is when...
Hey traders,
In this post, we will discuss 10 divine rules that every trader must obey:
1️⃣ - Accept that risk and losses are a necessary part of trading.
Even though most of the traders are looking for a holy grail, for a system that produces 100% win rate, in fact, losses are inevitable, they are part of the game.
No matter how good you are as a trader,...
Hey Traders so In my last video we discussed what is the 123 top and 123 bottom formation and how it can benefit you in your trading. Today I want to go over one of my favorite chart formations in technical analysis called the Head & Shoulders top and bottom.
Enjoy!
Trade Well,
Clifford
