"You can't handle the truth". Except in this case, you cant handle the compounding.
Compounding is so difficult for me to understand that I have to model it out for my brain to see it.
Ive also lived it for decades now to believe it.
If you dont know ahead of time what to look for, you wont know what to do when these generational wealth opportunities stare you...
The concept of trend is absolutely essential to the technical approach to market analysis. all of the tools used by the chartists-support and resistance levels, price patterns, moving averages, trendlines, etc... have the sole purpose of helping to measure the trend of the market for the purpose of participating in that trend. we often hear such expressions as...
During the existence of bitcoin and other cryptocurrencies, a large number of erroneous judgments have appeared about them, which continue to spread among people even now. This leads to cryptocurrency being treated negatively, as the vast majority of myths about digital currencies are aimed at discrediting them.
In this article, we will look at the most popular...
Bollinger bands are not prediction machines. They are more like the gutters at the bowling alley. They are math based and rear view mirrors of what has happened in the past. They are customizable to your settings.
I like to use them as a quick reference to tell me what is normal price action in the past. I would never use them alone.
Combing valuation of the...
In the previous two posts, we explored how assets are grouped in a company's balance sheet.
Part 1: Balance sheet: taking the first steps
Part 2: Assets I prioritize
Now let's deal with Liabilities and Stockholders' equity. Let me remind you that these are the sources of funds that give a company assets. And indeed, with what funds can a company have assets?...
BINANCE:DOTUSDTPERP
DOT is breaking the long-term LTB after suffering a price reaction in the POC of a session between August and December 2020, see that this zone remained reactive for prices.
But now it's easy to think like that since it already happened, however, here I'm going to leave a study done on May 11, 2022 where the 4.39 range was already plotted...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
In this video, we will learn How to use Tradingview - Part 2
Today we will go over:
- Indicators' Template
- Alerts
- Chart Layout
- Watchlist
- Minds
Sit back, grab a cup of coffee, and enjoy the video :D
Cheers!
All Strategies Are Good; If Managed Properly!
~Rich
If producing consistent results is your primary objective as a trader, then creating a belief (a conscious, energized concept that resists change and demands expression) that "I am a consistently successful trader" will act as a primaiy source of energy that will manage your perceptions, interpretations, expectations, and actions in ways that satisfy the belief...
Home work, do your research and learn learn learn till you become aware of what is
going on in mkts and then being able to choose the right path for your and being able
to distinguish right ideas and analysis from the wrong ones.
*****Passing this cool info (Not mine) :
2. Set realistic expectations
When you're investing, your expectations of what you could...
Just passing this cool info written by a guy called Ben Carlson.
- Ben discusses the differences between probability and certainty:
"There are two arguments I see on a regular basis that show up as a result of data overload:
…because that’s never happened before.
…because that’s what’s always happened before.
-The problem with this line of thinking is that...
Hi Traders, Investors and Speculators of the Chart📈📉
There are some exiting developments in the crypto space other than the bullish price action on charts. If you've been missing out on some of it, this one's for you!
Thanks to their distributed structure, blockchains tend to be slow. If a single transaction has to be verified across thousands of Ethereum’s...
In the previous post Balance sheet: taking the first steps , we began parsing the balance sheet of the imaginary workshop and focused on assets. Today, I suggest looking at what types of tangible and intangible property are classified as current assets and what types are classified as non-current assets.
Current assets contain the following items:
- Cash and...
Hello everyone!
We continue the series of training articles.
Today I want to touch on the topic of MARKET CONDITIONS .
Go.
What is the market like?
As you know, the market does not move only up or only down.
The price always makes fluctuations of a wave nature.
What does it mean?
BEARISH TREND
This trend is characterized by the fact that the...
I decided to see what all the fuss about prop trading firms were.
I never really got caught up in the crypto craze.
I bought a few meme coins and had some fun learning to trade with 5x margin.
But it wasn't good enough. I wanted to experience what the real money traders were gaming.
Futures!
Instead of losing tens of thousands in real money, I decided to...
Hey everyone!
Haven't done a tutorial in a while so I thought I would do one on how I personally manage risk while day trading.
These are my own experiences and my own rules, but hopefully you can take something away from them.
I generally trade shares more often than options, but I do talk about the special considerations when day trading options.
Remember,...
In part 2 of this series, we discussed the probability of a coin flip and how the odds that you land on heads "x" number of times in a row significantly decreases each time the coin is flipped. Therefore, it is important to understand the difference between "the probability the chart goes up or down" and "the probability that you (the trader) find yourself in...
