Embarking on the thrilling journey of trading? Gear up with these invaluable lessons to empower your trading expertise:
1. Knowledge Empowers: Embark on your trading journey equipped with knowledge as your most powerful weapon. Delve deep into the intricacies of the markets, understanding their nuances with precision. Grasp the ever-changing trends, and...
It can be said that the new trading period is a very special period for a trader. This is the stage that will determine whether you are suitable and capable of continuing this job or not.
Besides the challenges, in the first year of trading, new traders will learn extremely valuable lessons. If they apply these lessons well, they will progress faster and further...
⚡️Hello traders, today I would like to share a lesson that I have experienced, hopefully it will help you a little on your professional trading path.⚡️
Stage 1: Unconscious mastery.
⚡️This is the first stage when you enter the market and start trading. You think this is a very good way to make money because you hear a lot about it. and also a lot of people...
⚡️Price Action is a trading strategy that uses fluctuations in the price of a stock. This method requires investors to carefully monitor and make accurate assessments to find appropriate entry and exit points. In this article, join me in learning the concept and how to trade with Price Action!
⚡️ What is Price Action?
- Price Action is a trading method based on...
What is the head and shoulders pattern?
⚡️ The head and shoulders model translated from Head and shoulders is a model that represents price fluctuations, predicting future trend reversals. This language is very commonly used in financial investment fields such as stock investment, virtual currency,... From there, this model will help investors make easy buying...
Greetings, fellow traders and investors of @TradingView !
Trading in the financial markets is often likened to a battleground of strategies, psychology, and data analysis. To navigate this dynamic landscape successfully, we need more than just luck; we need a well-structured daily routine that blends education, analysis, and real-time decision-making. In this...
Greetings, esteemed members of the @TradingView community and all Vesties out there!
The financial markets is a complex and dynamic arena where investors seek to capitalize on opportunities and generate profits.
One recurring phenomenon in the financial world is the "boom and bust cycle", characterized by periods of rapid asset price escalation followed by...
Trading foreign currency on the forex market, also known as foreign exchange trading, can be an exciting hobby and a lucrative source of income for many people. Currently, the stock market trades about $22.4 billion per day, while the forex market trades around $5 trillion per day. There are various ways you can engage in online forex trading.
1. Learn basic...
Hello traders, I present to you a few candlestick patterns that appear frequently and have a fairly large win rate.
CUP AND HANDLE
The cup and handle pattern on the price chart resembles a cup with a handle, where the cup is U-shaped and the handle slopes down slightly.
The cup forms after moving upwards and looks like a bowl or round bottom. When the cup is...
What is DCA? How to use the price averaging strategy to increase profits
DCA or price averaging strategy can be an effective way to manage risk when investing in assets like stocks, cryptocurrencies… I will walk you through how it works and its pros and cons. for easy understanding.
When considering investment, if you have a large amount of money in hand ready...
What is EMA?
EMA or Exponential Moving Average (EMA) – An exponential moving average (EMA) is a type of moving average (MA) that is based on a weighted exponential formula that is more responsive to changes recent prices, compared to a simple moving average (SMA) that only applies equal weight to all periods, helping the EMA to smooth the price line more than the...
I. Not proficient unconsciously.
When you enter the market and start trading, you may think that it's a great way to make money because you hear a lot about it and know of people who have made a lot of money from Forex. However, it's important to note that this is just the first stage and, like when you first learn to drive, it may seem easy at first but can be...
Popular forex trading methods
Typically, strategies for forex trading are primarily founded on fundamental and technical analysis. Hence, astute traders possess the skill to creatively merge efficient trading techniques to identify the most appealing gains.
1. Day trading
Day trading is a trading strategy where traders, known as day traders, do not hold any...
To succeed in short-term forex trading strategies such as scalping and intraday, there are six key secrets that must be understood and implemented. These secrets are essential to success and have been proven effective.
1. Trading capital
Many traders aim to grow their small account from 10$ to $100 by frequently trading small orders, and some may even turn it...
Point and figure charting is a type of technical analysis that is used to identify trends and potential buying or selling opportunities in a security's price. Unlike traditional bar charts, which display a security's price and volume over a while, point and figure charts only show price movements, disregarding the passage of time.
The chart is constructed using...
How Beat Retailers. Mostly Retailers Trap with SMC Traders. Please Carefully all education is good for you and beneficial for you.
if you want to Trap Retailers then you can learn SMC Trade Setup.
This is spoken about a lot but what does it mean?
In starting a business you would need funding and a business plan, right?
You would have realistic goals mapped out and be focused on your cashflow.
You wouldn't blow your 'cash' in recruiting too fast, or buying too much stock or spending too much on marketing.
Yet, in trading most don't have a plan. Or...
BINANCE:BTCUSDT
When you just open charts for the first time, the market movement seems chaotic: incomprehensible bars, lines, and so on remind us of a medical cardiogram. Here we have only one very important question: "How to understand the market movement?".
In fact, everything is simpler than it seems. Let's start with a classic trend move.
There are two...
