Hey, Alkalites! If you want to invest in cryptocurrencies and know how to recognize long-term opportunities, you should start learning the technology behind them. Do you know what a consensus mechanism is? Consensus decision-making is a process in which group members agree to support a decision in the best interest of the whole. In other words, this mechanism is...
The O’s in your trading game that have to go are shown drawn on the chart. The three O’s in the idea can all overlap one another and allowing one to creep in can lead to any of the other also creeping in to your trading. We have all suffered at some point in our trading journeys of these three phenomena. All of these O’s can lead to capital being impacted and...
Hey, Alkalites! If you want to invest in cryptocurrencies and know how to recognize long-term opportunities, you should start learning the technology behind them. Do you know what a consensus mechanism is? Consensus decision-making is a process in which group members agree to support a decision in the best interest of the whole. In other words, this...
In this video I will reviewing trades I took on the first week of August. going full in depth explaining how I traded these tickers with a new strategy i been testing with Inside Candles Credit: TW for his indicator and his strategy! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs,...
Our culture is obsessed with the rich, famous, and successful people, yet what is left behind is both the hard work and sacrifices of those who «made it» And millions of those who failed miserably en route to fame and became nothing. There are multiple theories on and philosophical systems, that reflect on success, but ill bring out the key points:🔑 ➡️ ...
Watching Total 2 closely for alts to continue further upside. Looking for a clean S/R flip of the previous range highs. Currently Looking Good!, forming a nice symmetrical triangle as well. We need to be cautious of a fake out to downside, but mainly looking for the apex of the triangle to hold to confirm that bulls are in control for a break to the upside. If...
One of the three major financial statements used to reflect a company's financial performance during a certain accounting period is the income statement . The income statement shows a company’s revenue and expenses over a period of time. It is also called a Profit and Loss statement or P&L. The most common time periods of reporting are: 1. 1 quarter (90...
In one of my previous publications I stated that the majority of new traders fail in the first 90 days of their trading "career". I also mentioned that one of the reasons for it was the lack of a trading plan. So what is a trading plan and why do you need one? Rather than explaining, I decided to give you an example. Below is an elaborate example of a trading...
Educational Video: Quick and easy trick you can apply starting NOW to be ready for those big moves when they happen
Hey Traders, This is a video in how I incorporate negative correlation into my trading. I hope you enjoy the video and if you want to see more videos like this then please comment below. Safe trading.
Failure in trading is frequent, yet for some it is permanent and for the few it is temporary, the choice is always yours! In this video we go over our advice on how you should deal with failure so you can keep it as a learning experience and grow and develop as a trader! If you're having challenges in your trading and cant seem to find solutions to them just...
In this video we will be covering what the Top Panel has to offer and some of its functions. This will be the first part of a video series where we will be providing video walkthroughs of tools and items on the TradingView platform. We hope that this helps both the brand new TradingView user as well as the seasoned user. Feel free to let us know what features...
Yep you heard me right you need trade like a casino 🎰 Key bit here is trade like the casino operates their business model. Don't trade like the clients that frequent the casinos. Why should you trade like a casino? Profitable traders understand how casinos are successful. Casinos are profitable and make money because they have an edge which they let play...
We have come a long way from the previously practiced barter system to the modern-day system of trading currency. Following is a brief summary of the evolution of currency and how it gave rise to Forex Trading. Here are the main stages that are illustrated on the chart: 1️⃣The Ancient system of Trading - Trading with Gold As early as 6th century BC, the...
Here I tried to show the movement of the day when Fed announces its unchanged Interest Rate decisions during the last 6 times. As you can see, the gold prices had been quite volatile during the last Fed decision on June the 16th and shed 1.45%. Since then, the yellow metal has not been able to overcome the loss and is in the downward trend. Please note that...
Educational video on the different approaches to setting targets & the importance of having a certain mindset when looking to take profits
Trading requires focus. It is crucial for traders to know exactly what to do to control their emotions while trading. It is also important to know when to accept a loss and move on. Here are 10 tips from the pros to manage your emotions while trading: 1) Manage your stops carefully. A cautious approach to stops and limits will keep you from making rash...
Pending orders Somewhere you can find the term as "Deferred orders". These are orders that will be filled in the future, once a certain condition is met. Most often this condition is reaching a certain market price. The most popular pending orders are Stop and Limit! Both types of orders become market orders when the initially set price is reached. The...