Is chat gpt and Artificial Intelligence the next boom theme? Why are so many people talking about it recently? How long can this new trend create opportunity for , years, decades? How do we value the opportunity and avoid paying too much? Dont get ripped off and caught up in the hype, use math and valuation to price the reward and risk in a balanced logical...
▶️ There are five steps you can take to fix problems with your trading. First, you need to understand what caused the problem. Second, you need to find a solution. Third, you need to put the solution into action. Fourth, you need to monitor and check the results. Fifth, you need to repeat the process if necessary. 1. Realizing...
For many traders, the dream of full-time trading represents the ultimate freedom. Full-time traders have the ability to choose their own hours, trade from anywhere, and select which opportunities to pursue. However, not all traders are ready to make the leap to full-time trading. Just as too much freedom can harm some economies, not everyone is prepared for the...
I thought I'd share my experience with other New Traders (I'm still 'new', 2yrs in). I made all the classic mistakes and plenty more, my learning is only just beginning. Hopefully this educational post helps others new to trading. Use a Stop Loss So many times I didn't use a Stop Loss. One of the main reasons was I kept getting Stopped Out and then the price...
PineScript allows you to define a single custom source value for an input to another indicator or strategy. Here we will demonstrate how you can have a very simple strategy that attempts to respond to that signal. The simplest way to do this is that he signal (indicator) emits the number of desired shares.
I came across some data which enabled me to construct a chart showing Mark Minervini's monthly gains in his spectacularly successful 2021 trading competition win. I also measured the equivalent monthly gains of the S&P500. My aim was to study how he performed relative to the monthly Index movement so that I could, perhaps, understand his methodology. I have to...
🔘What is Scalping? Scalping is considered the most profitable but, at the same time, the most challenging trading strategy in any type of market. Alternatively, scalping is also known as high-frequency intraday trading because a large number of deals and the high speed of making them allow a scalper to earn on almost any market movement due to small but...
Here's the deal, guys. If you want to make this year a successful year in trading, you got to have an edge. It doesn't have to be rocket science, just a solid strategy. There are plenty of resources out there, so don't be shy to do your research. Once you got a strategy, test it out with a small account or paper money before committing fully. And when you commit,...
This is purely educational and I'm sure there will be a lot of upset people as they feel attacked by this - and if this is true for yourself that's good because it might make you re-think/change your mind and learn better methods, Overall I've spent years and years reading/testing many different TA methods and in the end the only ones that I ever found to work...
Watch what/how PA reacts when it reaches these levels from here on. This will be a forward test of the theory that price will always move to take out these buy/sell liquidity areas. Blue = buy liquidity Red = sell liquidity Grey = Nulled/Wiped liquidity
Hello👋 dear traders. I am Pejman👦, and today I want to explain the types of markets📈 with another story from TradingView🎢. Maybe you love the world of animation👶 like me, and I'm trying to make the trading world as beautiful and colorful as the animation👶 world🌍. So let's dive into another Tradingview🎢 land story. Once upon a time⏳, in Hundred Acre Wood,...
This is an event that has spread all over the real and virtual space these days I am better than you, more beautiful than you, smarter than you But the reality is something else But we know the truth! You and I are human, we have our merits and demerits, we all lied, we were all kind, we were both good and bad! we are equal .. With this introduction, I wanted to...
Today we are going to look at the second of the three main reports that a company publishes during the earnings season, the income statement. Just like the balance sheet, it is published every quarter and year. This is how we can find out how much a company earns and how much it spends. The difference between revenues and expenses is called profit . I would like...
Protecting Your Trades With Fibonacci Price Theory. Learn to understand the BELTLINE range (50%) and why it is so important for structuring your trades for profit. Not all trades will be successful - plan for FAILURE. Planning for FAILURE = Long-Term SUCCESS. Follow my research. The rabbit-hole of knowledge I've amassed over the past 25+ years is deep. I...
After 25+ years of research, study, and application of some of the most incredible trading strategies - I'm sharing one of the MOST IMPORTANT structural price theories with all of you... The Fibonacci Price Theory. The primary rule of the Fibonacci Price Theory is: Price is ALWAYS seeking NEW HIGHS or NEW LOWS. Price is never NOT attempting to reach NEW HIGHS...
Even though I got cut off after about 25 minutes, I'm sharing this with all of you to teach you how to use one fo the most important PRICE STRUCTURE features for any chart Fibonacci Price Theory. The consensus of all TA is that PRICE tells us everything. Fibonacci Price Theory is the REAL DEAL. Use it on a 1 minute, 5 minute, 60 minute, or Daily - ANY...
Hello everyone! We discuss many different topics in our training articles and today we will touch on a very important topic that everyone avoids. Forex trading is becoming increasingly popular among individual traders due to its immense potential for generating profits. However, with hundreds of different brokers available in the market, it can be quite a...
Polygon is Ethereum's first successful L2 solution. Aside from the main product, Polygon blockchain, the project also offers solutions based on the ZK and SNARK algorithms. One of the main narratives for 2023 is blockchain and ZK-based solutions; we can assume that when zkSync, StarkNet, and other similar projects emerge, Polygon will grow alongside them,...