I have seen many investors. When I don't invest, I see others making money and I always think: What good projects are there to make money?When it comes to investing, everyone has the mentality of making a profit, so once they encounter a loss and are inconsistent with their original expectations, they will inevitably have a problem with their attitude!Investment...
Here's a step-by-step strategy for using the 15-minute BTCUSD chart: Step 1: Set up your chart with the chosen indicators 1. Add the 50-period (blue) and 200-period (red) Exponential Moving Averages (EMA) to the Bitcoin price chart. 2. Add Bollinger Bands with a 20-period moving average (green) and 2 standard deviations. 3. Add a volume chart below the price...
Here is a detailed step-by-step guide on how to use the technical and fundamental indicators to analyze cryptocurrencies: Step 1: Choose a reliable trading or charting platform Select a trading or charting platform that allows you to access and utilize the technical and fundamental indicators mentioned. I personally use and recommend TradingView for its...
Hello traders, today we will talk about Trading Psychology The most famous book on trading psychology, “Tradingpsychologie” aptly remarks, ‘The greatest enemy of the trader is fear. He who is afraid loses!’. As a trader, you must have gone through emotions such as fear, greed, regret, hope, overconfidence, doubt, nervousness etc. While every trader goes...
The greatest adversary of a trader is not the market, nor the constantly changing market trends, but rather ourselves. Therefore, today I will share my trading experience and explain the five most difficult demons to overcome in our trading journey. 1.The first demon is greed. Greed is the biggest demon in trading. Where there is greed, there is an abyss. It...
Currency Features: Decentralization: Bitcoin is the first distributed virtual currency that is entirely user-driven, without the presence of any central bank. Decentralization ensures the security and freedom of Bitcoin. Global circulation: Bitcoin can be managed on any computer connected to the Internet. Anyone, anywhere in the world, can mine, purchase, sell,...
The cryptocurrency market has experienced significant growth but more recently saw a huge decline as sentiment soured due to several scams, insolvencies and a lack of regulation. Bitcoin, the first and most well-known cryptocurrency, has played a significant role in this growth. In this analysis, we will explore the relationship between the crypto market cap and...
🔥Hi, friends! I will explain why altcoins are following BTC and how traders can take advantage of this idea. The first and main crypto is Bitcoin. I am sure that 99% of traders/investors discover crypto through BTC. 📊THE 4 MAIN REASONS WHY ALTCOINS FOLLOW BTC: 🔥 Bitcoin is the most influential cryptocurrency: As the first cryptocurrency and the largest by...
The Exponential Moving Average (EMA) is a popular technical indicator used by traders to identify trends and make informed trading decisions. In this TradingView idea, we will discuss how to use the EMA in your technical analysis. Step 1: Understanding the EMA The EMA is a type of moving average that gives greater weight to more recent prices, making it more...
This isn't really "reducing risk" because the risk percentage stays the same but this works really well with multiple timeframe analysis or swing-type trades however it is a double-edged sword; You have to be mindful that messing with stops on the LTFs can very easily spell disaster by knocking you out of a winning trade (for a loss) because the market was not...
🔥Hi, friends! Trend is the most important thing in trading, so you have to know how to identify it and be a successful trader. In this idea, I will explain to you the most easiest and useful method for trend identification. I know that you haven't heard about that. 📊 THE INSTRUMENTS WE USE TO IDENTIFY THE TREND: 🔥 Fixed Range Volume Profile (FRVP) 🔥 Point of...
I. Introduction Trading automation refers to the use of software and algorithms to execute trades and manage investment portfolios. It has become an increasingly popular method for traders to make decisions and manage their investments, as it allows for increased efficiency and accuracy compared to manual trading. The use of trading automation has a long...
Introduction: As a trader, it's natural to want to avoid losses at all costs. However, it's important to understand that losing trades are an inevitable part of the business and can actually be beneficial in the long run. In this blog post, we'll explore what happens when traders fear taking losses and how they can still achieve profitability despite taking...
BTC is in a good setup for a head and shoulders to the downside. The head and shoulders is a bearish pattern where the price bounces and returns to the "Neckline" support level the 3 times with the final return resulting in a break of neckline support. How to spot The easiest way to spot a head and shoulders is to find a support level that the price is...
just looking at possibilities in case the deviation we just tested last few months (the same as August 2015) eventually fail and what that might bring ahead for corn prices...
Hi guys, in order to spot a divergence you should be careful which timeframe you're looking at. for example in the left picture, the daily timeframe is showing higher highs in price (at each candle) and lower highs in RSI (at each candle). but note that these are not highs and lows and as long as you can't find signs of accumulation and distribution in highs and...
🔥Hi friends! A lot of newbies consider these things as something bad. These make them very unhappy and disappointed because their position gets the loss. These things are the pullbacks or corrections after significant growth. Everyone is waiting for it now to buy more cheap crypto. 📊 The pullback is the price fall after significant growth. But why is it so...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- As the coin market goes through rising and falling markets, many themes are being created. These themes are expanding the interconnected coin ecosystem under the name of ecosystem. Therefore,...