Here's how to start investing in cryptocurrency:
1- What is the most common mistake people make when they start to
trade (understand exactly what you're investing in)?
2- How Much Crypto Should Be In Your Portfolio?
3- How to Make Big Money?
Risk management is the most important aspect of any trading plan. Apart from the mathematical and strategic methodologies to employ, there are several precautions you can adopt as a trader and consider in your decision-making process.
Never risk more than you can afford to lose.
Never forget Rule no.1.
Stick to your trading plan.
Consider the costs like...
The banking system is bursting at the seams again. It all started with the recent series of bankruptcies of several American banks at once and it happened in just a week, which was an echo of the problems of the 2007 crisis, which, as people hoped, we were able to solve.
The main signal of the disaster was a sudden failure in the Silicon Valley bank. On March 9,...
Our MACD Setup is created to reveal winning entry points for a trade with high accuracy.
In our MACD Setup we combine multiple conditions to recognize only strong entry points.
Multiple factors need to be met in confluence:
1. Recognize the Trend = Bullish / Bearish Trend (50 EMA is Above / Below 200 EMA)
2. There is a MACD Cross = Bullish / Bearish...
There are so many opportunities in a single pair that one can maximise. The secret is to choose one or two pairs and maximize them. You are not going to miss out on anything. Many traders are psychologically affected by the following:
1. Fear of Missing Out (FOMO). Many think if I focus on only one pair I will miss out on the opportunities from other pairs. No,...
There are several risk management strategies that can be used to help mitigate potential losses and increase the chances of success in any investment or trading endeavor. Here are a few common risk management strategies:
Diversification is an essential risk management strategy that involves spreading your investments across different markets, asset classes, and...
It has to be said.
If you want excitement, take $10,000 and go to Las Vegas for a day.
Trading should not bring about the same level of excitement.
I’m not saying, the entire process should be boring.
In life and with the careers you choose, you have to love what you do.
You have to keep the reward and vison in your mind, to drive you each morning.
And you...
Stoic trading.
I bet stoics didn't trade, but they knew a lot about life in general. I suggest to cultivate stoic mindset in regards to trading, and negative expectation and negative visualization in particular. You can talk about it with ChatGPT and explore yourself, but here let me explain a bit.
So, instead of doing exactly what everyone else does - that is...
This is a minor observation as someone who handles a smaller pool of funds.
1. Always have cash in hand for people to withdraw. Meaning 99% investing or loanjng will not work in times where people need the cash because of inflation.
2. Dont be too greedy. Like if you already bought 1% bonds for 5 years. Dont exchange it for 5% if there's no need for the...
Ever watched a flock of seagulls and been amazed with how they all seem to change directions at the same time like art ? Well I think it's the same with humans , kind of . We are emotional creatures . I have let these emotions run wild in the past and made horrible trading decisions , lots of you have probably done the same , after all your human too . I have...
About bad luck and downtimes in trading.
Let's discuss the downtimes that traders may face. While everyone experiences them, some traders can maintain a calm mindset, while others may collapse under the pressure. What sets them apart?
As I mentioned in my previous articles, trading involves risks, much like gambling. If you're seeking a risk-free investment,...
Backtesting of trading indicators is necessary because the results displayed by indicators may not match real-life situations.
Although Tradingview is one of the widely used trading platforms with a rich library of technical indicators, some of these indicators may have issues with "peeking into the future." Conducting backtesting is also essential to avoid...
Every day, traders around the world wake up and begin their day with the same goal: to make money. But how do they go about doing that? What is the ideal timeline for a trading day? In this blog post, we'll outline the perfect day for a trader, from start to finish.
Wake up
It's no secret that successful traders need to be up bright and early to get a jump on...
Candlestick patterns are a charting technique used by traders to analyze the price movement of financial instruments. They originated in Japan in the 18th century and were used to track the price of rice. The technique was later adapted for trading other assets like stocks, currencies, commodities, and cryptocurrency.
Candlestick patterns are an important tool...
Why I don't recommend day trading stocks in Taiwan?
"Using TSMC as an example for trading explanation"
Using a "valid", "stop-loss", "almost daily trading" short-term stock trading strategy for day trading or swing trading, the results are as follows:
1. Use a positive expected value trading strategy and follow discipline to take profit and stop loss.
2....
Regarding the idea of selling courses and strategies online, I would like to share my thoughts with everyone for reference.
(1) Successful traders usually don't lack money, and they are often unwilling to share the money-making tools they have developed through hard work and research. A few ambitious traders are willing to share their experience, knowledge, and...
Have asked yourself why Wallstreet Bets popularity and Best years for Citadel overlaps?
Or
Why Citadel’s CEO Keneth C. Griffins thanks WSB for creating the best pipeline they ever had?
Let’s review some data before making any hypothesis..!
Ken Griffin's Citadel raked in $16 billion in 2022, marking the best year for any hedge fund in history. Ken Griffin's...
🔵 Friday is a relaxed day with the weekend ahead, followed by a working Monday. How does this affect the market? How do the big players behave on this day? Who holds positions over the weekend, taking risks? Today we will figure out what to keep in mind when trading Forex on Friday, why this day's candle is important, what tips can be extracted from the price...
