Hey guys! In this article you will learn about 5 RULES DISCIPLINED TRADERS FOLLOW, let's dive in it! But before you do so, make sure you follow my page and turn TradingView notifications ON! Let's go! 1️⃣ Follow Financial Plan, Do Not Go All In A trading plan is a written set of rules that specifies a trader's entry, exit, and money management criteria for...
Leverage is an essential tool in trading gold and forex. It enables traders to control larger positions with minimum initial capital. However, it also carries a high degree of risk as one can experience significant losses if the market moves against them. Here are some things to consider about leverage in trading gold and forex: • Leverage is the ratio of the...
Greetings Dear Investors and Traders, today CryptoQueens, an educational post regarding the so-called Psychology of a Market Cycle. When making investment decisions, investors have a wide variety of tools at their disposal. While these tools can form the basis of a sound investment thesis, their effectiveness is limited by one’s emotions. Allowing emotions to...
The psychology of a market cycle refers to the emotional and psychological states that investors and traders go through as they react to market conditions. Here is a short summary of each stage of the market cycle: 🔵 Disbelief: At this stage, market participants are skeptical about the potential for a market rally or recovery. They may be hesitant to invest or...
Bollinger Bands is a volatility indicator. It indicates how HIGH or LOW prices can move during any period. When the market is volatile, the bands widen; conversely, when the market is less volatile, the bands contract. The standard Bollinger Band indicator comes with a preset calculation of the 2 standard deviations and the 20period moving average. This...
This chart illustrates the GNP of the USA compared with others over a period of several decades. The USA is on a much slower trajectory of growth than all the other countries on the chart except Russia and Ukraine. This includes the Eurozone, China, India, Mexico, and others. This trend has been in place for decades. It makes for a poor prognosis for the...
We have recently moved in the 25th solar cycle in which they last around 11 years on average. They have a start period and then a maximum Q or intensity of energy at certain points which are in blue. If everything in our theoretical universe follows the sun, then why not markets as well? Comments feedback & collaboration welcomed, Golden Ratio.
Now, now you know you shouldn't be doing that.
*************************** Getting started as a Padawan *************************** Learn about investing When you start you should be interested. There are many ways to learn about investing: Books/videos/the internet/Losing money trading for the first time. My first trades (both speculative and not) were Forex, but I really got started "full time" (still...
In this screencast I look at the S&P500 on the 4H time frame only. I show how I estimate the probable direction (this does not mean prediction). I give some information on why the markets are reacting to a low grade coronavirus called 2019-nCOV (same family as MERS and SARS). Disclaimer: This is not trading advice. If you make decisions based on this...
video explains the significance of recognizing contracting markets.
In today's video I go in depth on the pros and cons of trading each market. A lot of retail traders complain about aspects of certain markets and use the wrong tools for the job in the market they choose to trade. There are plenty of options for every trader out there! If you are interested in learning more about probability distributions and my proprietary...
The senario if we were to ever see another market crash as significant as 07
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Creating your own Trading Strategy "In finance, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets".Whats your Trading Plan/Strategy? Some of the questions you need to ask yourself when creating your own strategy are as follows; How much time during...
Here is a simple strategy, or at least something to help build a bias. I have not looked that much into it but I checked charts and it worked ALL THE TIME FOREVER AND EVER. I did not want to share anything lately, but seing how idiotic the cryptoers are, how there have been a new bubble every 5 years for the past 400 HOW ARE PEOPLE THAT STUPID HOW DO THEY KEEP...
Trading Major Markets on Margin: Part 2 ...You need a game plan. You need a system. You need stops. You need to understand true risk management and try to keep it as simple as possible at the same time . You need discipline. You need courage to buy when others are selling and to sell when others buying - if the correct signals are present to do so. You need...
Trading Major Markets 1 of 2 You've probably already learned a lot through trading Bitcoin. Those skill-sets are super scalable. Often am in too much of a hurry to cover other markets to have time to lay out stops and risk reward ratios - hoping that you're experienced enough to work them out for yourself when I miss doing them- which will be quite often in fast...