Welcome to the comprehensive guide on mastering risk management in cryptocurrency trading. In this detailed tutorial, we'll walk you through the essential principles of calculating stop losses, determining risk percentage per trade, and strategically placing stops for optimal risk mitigation. Whether you're a novice or an experienced trader, understanding and...
The Foundations of Solid Risk Management 🛡️📊:
Risk management in trading involves a series of strategic decisions aimed at minimizing potential losses. It revolves around understanding the risks associated with each trade and employing measures to mitigate them. Whether you're a novice or an experienced trader, risk management remains a non-negotiable aspect of...
Technical indicators are characterized by processing historical data, in a causal real world and for the sake of our analysis, we would expect indicators historical outputs to remain the same right? Well, we will see that this is not always the case, and that certain indicators can change appearance.
1. Repainting Indicators
In Technical analysis repainting is...
Hello Traders!
First of all, I must tell you that trading is 90% psychology 9% is Method and 1% is your deals/trades that you put.
Discipline is the most important part of psychology and there are some factors that keep your discipline alive and one of them is Risk Management.
The trading method has more importance than RIsk Management and if you are trading...
Hi everyone:
Today I want to make this educational video on how to calculate your risk/reward in trading and investing in the cryptocurrency market.
Many newcomers in the industry are not aware of the importance of risk management. So today let's give out different examples of them on how to properly calculate the $, %, and setting the SL/TP.
This video is...
One question that constantly comes up, and understandably so is, When Can I Become a Full Time Trader? Being a trader is like running a business. You are the manager / owner / operator of "You, Inc." How much capital does it take to run your business? What's your monthly P&L? How much money do you need to have in "float" in case of emergencies (like, oh, I don't...
This is a tutorial on how to get the most out of Tradingview by using advanced price calculations.
The focus will be on crypto, and more specifically bitcoin.
Nevertheless these tricks can be applied to other assets as well.
Let's say you want to look at the current bitcoin price.
The problem is that there are a lot of different exchanges and they all have...
Learning about market Pivot Points is powerful information as you can see in this 15 min Bitcoin session chart, the Pivot Points and their components (S1,R1,R2,R3, etc) are clearly respected by price action
I did a pretty extensive search for a diagram/drawing to better understand the formula for pivot points and I noticed there really are none...
This snapshot of...
