Overtrading is a common issue in trading and can lead to significant losses. It occurs when a trader excessively opens and manages positions, often due to psychological and emotional factors. To avoid overtrading, consider the following strategies:
Establish a Solid Trading Plan: Having a well-defined trading plan is crucial. Your plan should outline entry and...
Here's the only guide on order blocks you're ever going to need 😎✏️
Order blocks may seem scary and difficult to find -
Once you know what you're looking for, it's like taking candy from a baby 🍭
The key elements you need to have in place before getting the hang of this basic SMC application is as follows -
🟢 Trend spotting
🟢 Market structure
Those are the 2...
You’re going to need a cup of coffee or two for this one.
It is my longest trading article I’ve ever written.
I’ve written it because I care about you and I want you to succeed.
So, please take the time to read this and save it for the future.
Or if you don't have the time then at least go to the bottom to see the highlights of the article...
Enjoy and...
Welcome to the world of candlestick patterns!
💜If you appreciate our charts, give us a quick 💜
Doji candlesticks, with their equal or nearly equal open and close, offer crucial insights into market indecision. Understanding these formations is key to anticipating potential reversals and trade decisions. Let’s delve deeper into their significance and how to...
One of the signs of a recession, for a Chartist is the 200 EMA under the 50 EMA. Well as you can see that has happen serval tines since July 19 th when I beegan telling everyone short all new, all time highs (see my Idea). Notice it's about to happen again.
Other signs:
Volatility Index (VIX): ...
GDP Contraction. ...
Low Industrial Output and sales. ...
Growing...
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...
Hello Trader
Today we have to talk about financial knowledge, how important is it to have financial knowledge and whether can it make us financially free.
Let's begin,
Everyone needs money to survive. Financial planning is the process of managing your money wisely to achieve your financial goals. It involves planning your future finances keeping in mind your...
In this Masterclass, you’ll learn how to use our official paper trading tool. Paper trading gives trades the capability to test their trading skills in a simulated environment without risking real money. For all the new traders out there, you’ll want to make paper trading your best friend. Why? Have all the fun you want, practice endlessly, and never lose a dime....
This video explains how to automate access management for vendors who build and sell invite only scripts based on subscription or one time fee. I have made videos about this earlier as well. But, due to high demand, I have been asked to make this video again.
🎲 Tools Required
Replit - Used for hosting the service that automates access management
Postman -...
AI is definitely one of the key words for the century.
And yes, I believe these are great companies to add to our watchlist to trade. ANd Trading View has all of the companies to analyse their movements. .
We could even see AI companies being some of the safe-haven stocks to invest in 2024…
Here are my top 10 companies that are incorporating AI into their...
As per @TradingView 's previous post, in this article, I am going to share my trading strategy in three steps.
📌 Step 1:
First, start from the higher timeframes like Daily/Weekly to identify the current long-term trend. Is it bullish, bearish, or stuck inside a range?
If the price is sitting in the middle of nowhere, then it is a NO trade zone, as the price...
Once you understand liquidity, you understand how the market moves and where it might go next.
Let me break it down simply (for beginners):
Your objective, as a retail trader, is to know where the market is going to go.
Once you know where it’s going, you can make money by taking a buy or a sell.
So, how do you know where it’s going to go?
One fundamental way...
Hi Traders, Investors and Speculators of Charts📈📉
Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart.
👇👇👇
BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If...
Weekly token unlocks are a regular occurrence in the cryptocurrency market. These tokens are typically released to early investors, funds, and project teams. Upon receiving these tokens, some investors choose to sell them, either through market orders or limit orders. These sales can have a noticeable impact on the token's price. However, there are some key points...
OK so according to our Pivots plan we well R5... When do you do when the FOMC announces, bascially nothing, we won't raise and Retail rallys the market and just keeps relentlessly climbing higher?
One thing you could do is to buy protective options just in case this happens on FOMC day. If you write calls and take your profits up front you don't get killed by...
People confuse being a trader with being a chartist.
Traders can:
- Mange emotions
- Have Discipline
- Execute on a trade idea
Chartists can:
- Make chart look pretty
- Look sophisticated
- miss trading opportunities because their too busy screenshotting for social media
Only Few Understand…
THE DISCIPLINED TRADER
How to enter the trade??
1. Look for candle to cross our zones
2. If the candle crosses above our zone and closes above then take buys ( look no 4.) and vice versa
3. Look for 1hr candle confirmation / 15/30 mins TF for entry during Asian session and 30 mins TF confirmation/ 5/15/30 mins TF after london session.
4. Always wait for...
As the world of trading evolves and expands, new signal providers are popping up every day, promising to help traders identify potential market opportunities. However, there are many problems among legitimate providers from one of them: signal providers offer fraudulent Expert Advisors (EAs). These unscrupulous providers promise extraordinary returns and flawless...
