If you are interested in quantitative trading (“quant” trading) or even if you’re only interested in investing, chances are you may have heard of arbitrage, co-integration and pairs trading. But chances are equally likely you have no idea what these truly mean and how to assess/measure and exploit these different concepts in your trading life and investment life....
Understanding Cathie Wood's Trading Methodology 1. Introduction In the dynamic world of finance, few have garnered as much attention in recent years as Cathie Wood, the visionary founder and CEO of ARK Investment Management. Underpinning her meteoric rise is a trading methodology that champions disruptive innovation and a futuristic outlook. Let's dive deep...
Greetings, traders! If you appreciate our charts, give us a quick 💜💜 In stock trading, gaps can significantly impact market dynamics. They occur when a stock's price makes a sudden leap between two candlesticks, often due to substantial news breaking after market hours. These gaps can be upward (gap up) or downward (gap down), signifying abrupt shifts in...
The psychology of trading presents one of the most significant challenges, especially for day traders. Initially, when individuals enter the world of trading, they primarily focus on profit. Their thoughts are consumed by calculating how much they can earn. This focus on profit is entirely valid, as trading is, ultimately, a means to make money. However, the...
This is actually an exercise in spotting the different kinds of days from Chapter 1 of Secrets of a Pivot Boss. Feel free to IM me if you disagree with any of my reads on the days. I think the idea might match a chart better where it doesn't show the globex session, so I will add another chart for SPY which only trades during cash market.
I've added a new function to my strategy that allows simulating the strategy's performance while gradually increasing the capital used each month, thus simulating both savings and investment simultaneously Backtest of my strategy docs.google.com
A trading strategy encompasses a set of guidelines for initiating a position. A trading system encompasses a set of rules for consistently profitable trading. This involves a clear comprehension of your strategy, specifying the assets you trade, the setups you utilize, the risk involved, preferred timeframes, and other pertinent details. Consistency: A...
Hello, I have downloaded the backtest data so that you can better visualize the strategy I am implementing. The backtest covers the period from 2020 to 2023 with a capital of $1,000. In the following link, you will find the spreadsheet where everything is more detailed. Thank you docs.google.com
In the fast-paced world of day trading, staying ahead of the curve is essential. If you appreciate our charts, give us a quick 💜💜 Here are ten time-tested strategies to guide your journey towards trading success: 1. Craft a Concrete Plan: A meticulously planned strategy is your foundation. Clearly define what, how much, and when you will trade....
A. Let’s start with the basics: REITs stands for 'Real Estate Investment Trusts'. These are essentially property companies that are listed on the stock market which you'll find pretty much most of them on TradingView. So how do they work? Step 1: An individual decides to invest in a REIT company. Step 2: The money is then collected into a large...
(1) Don’t Let Risk Change Your Behaviour The biggest psychological obstacle for traders is the perception of losses (and the concept of losing). For traders, the pain of closing a trade and realizing a loss outweighs the excitement of realizing a winning trade of equal magnitude. (2) Don’t let confidence get the best of you After putting together a string of...
This is an education-style publication where the main graph is a comparison (ratio) between two ETFs (funds) managed by State Street Global Advisors Corporation, the creator of the world’s first ETF (well-known in nowadays as AMEX:SPY ) and an indexing pioneer. The first one ETF is The Technology Select Sector SPDR Fund, AMEX:XLK . 👉 AMEX:XLK seeks to...
Hello guys, check out this new trading strategy I develop. Backtest it and let me see what you gat. Love y'all
Hey there, crypto enthusiasts and market savvies! Professor here, bringing you a critical update that you can't afford to miss! 💎🔥 00:00 Hey folks, let's dive right into the world of altcoins. You've been hearing me sing praises for Bitcoin lately, but what about the underdogs, the altcoins? 🎤🤔 00:16 Well, guess what? I haven't forgotten them; I've just been...
The difference between trading and gambling. This article will shine a light on the most frequent mistakes that traders make. These mistakes blur the thin line between trading and gambling. Many people have spoken on this topic, but we truly believe that it is still not sufficient, and traders should be better educated on how to avoid gambling behaviour and...
In this guide, we unveil the secrets of Bullish Pennant pattern, exploring its psychology, identification, and trading strategies. If you appreciate our charts, give us a quick 💜💜 Understanding the Bullish Pennant Pattern: The bullish pennant emerges post an uptrend, forming a small symmetrical triangle (the pennant) during consolidation. This pattern...
Patience, passion and persistence. The three Ps of what it takes to make it as a trader. We like to say 5% is action and 95% is waiting. And that’s why I’ve written a complete guide to being a patient trader. Let’s start… No Impulsive Decisions Impulsive decisions are the bane of any trader. The market is known to be volatile, jumpy, fickle and are prone...
When analyzing the crypto market, we often use the concept of a "market narrative." However, it's essential to understand that these narratives are not solely shaped by price movements and chart manipulations but are also influenced by external factors. In the world of cryptocurrencies, this market is significantly different from traditional financial markets. It...