If you are a professional trader or plan to become one, Money Management is your #1 job. You could be the best chart reader or statement analyzer in the world but if you have poor money management you will still fail. In order to succeed you first have to last, and to last in the trading business you must be able to handle risk and manage it accordingly. How you...
Stochastics Real Deal is one of the most useful and profitable indicators you can find today on Tradingview. After years of researching the ultimate stochastic indicator, i've finally crafted a perfect companion for any trader. This indicator was created for forex 1D timeframe and most people use it this way BUT i can show you how to use it on lower timeframes...
Conventionally, we used to hear the saying, "Money can't buy happiness.". Is it really true? Let's look at some facts about happiness, money, and life. Easy to talk about happiness and specific amounts of it, but how do we measure happiness in real life? It isn’t something we perceptibly see in a computer game. In fact, it is more like a feeling and believe it or...
Many students are trading crypto, forex or stocks so this time we have something for you! We hope that you will find this publication interesting and beneficial! Enjoy! Although your time as a student is the best time of your life, it is way more expensive than it should be. You want to discover, learn, meet new people, try new food and go to new places. At...
The Internet is one of the world's most revolutionary inventions. Not only because it puts all the world's information at your fingertips, but also because it provides opportunities that previous generations only dreamed of. One of them is the freedom and opportunity to make money through the Internet. However, the only remaining question is how to make money on...
Hey traders, In this article, we will discuss the ladder of financial independence. Level 1 - Solvency You cover your debts and living expenses with your income. Being solvent is considered to be shaky states. Once you stop earning for any sake of a reason, you immediately become in debt. Level 2 - Stability Besides being able to cover your living expenses...
💲In today's educational post, I would like to share with you a post on: Amount of Return Necessary to Restore to Original Equity Value 10% - 11.1% 20% - 25% 30% - 42.85% 40% - 66.66% 50% - 100% 60% - 150% 70% - 233% 80% - 400% 90% - 900% 100% - ☠️ 💲Remember, never risk more than 0.5%-2% of your capital on one positions 💲Never lose money you can't...
This idea helps you to know how control your positions either in profit or loss . We will tell you when you can close your position in profit and how to manage your position in loss by decreasing entry price It's all about money management that we will teach you Our strategy based on : Price action Divergence Golden EMA crosses Conversion line and base...
WHAT IS IDO? SHOULD YOU BUY LAUNCHPAD TOKENS? What is an IDO? The initial decentralized offer is the process of selling tokens early on decentralized exchanges for new crypto projects (DEX). "IDO" - Initial Dex Offering. Decentralized intermediary exchanges help new blockchain companies sell their tokens. IDO is a common way to get people to invest in a...
Price made a fakeout on the first support zone. It took liquidity, on the support below, it retested the zone and it flew up.
Understanding how to trade forex requires detailed knowledge about economies, political situations, all the individual countries, global macroeconomics, the impact of volatility, it goes on and on. But the reality of the situation is this isn't what makes most new traders fail. What makes most traders fail isn't the lack of knowledge or understanding of what it is...
Whether we like it or not, everyone involved in this game is more likely either 90% of the loser or a part of 10% of the winners! Whatever we call it, this market has a very luxurious appearance, but inside it is very rough and ruthless with gangsters with masked ties or it looks like a forest or the sea, the stronger ones usually survive. Our money is usually...
Simple trading and making money with money managemant 👤 Sadegh Ahmadi: @SDQ_Crypto ❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
Mark Twain once said: “There are lies, damn lies and statistics”. People lie, numbers usually don’t, unless manipulated by liars. If you ask somebody trying to sell you a course or some other products related to the market, they’ll promise you 3x of your money in a week and convince you can start in couple days. Sounds too good to be true? Because it is. One way...
TLDR: Risk management generally is determining what portion of your capital you are willing to risk in a trade and staying true to that. Money management is how you would spend the money earned (in this case through trading) . Eg : Rather that withdrawing all the profits from your account you can let it be there and compound it, or rather than spending it on...
In this video I will reviewing trades I took on September 2-3, 2021 going full in depth explaining how I traded : $PINS, $ZM, $CRWD, $UNH, $SPCE showing you guys my entries how I put it together with other confluences such as support and resistance. Traded tickers with a new strategy I been testing with Inside Candles Credit: TW for his indicator and his...
Well, that is just a joke. Or not a joke? In every good joke, there's a sliver of truth... So many people blew their trading accounts in a blink of an idea chasing the profits, so many people went bankrupt practicing leverage trading... Do not be that guy in a picture. Be a true trader! Never forget about risk management and don't be greedy. Never let your...
Well, that is just a joke. Or not a joke? In every good joke, there's a sliver of truth... So many people blew their trading accounts in a blink of an idea chasing the profits, so many people went bankrupt practicing leverage trading... Do not be that guy in a picture. Be a true trader! Never forget about risk management and don't be greedy. Never let your...