Charlie Munger right hand man to investment giant Warren Buffett has passed away on the 28 November 2023, born 1 January 1924. Not only was he an investment wiz he was great at behavioral psychology. He started his investment career in 1962 working as a real estate attorney which he gave up to pursue investment management along side Otis Booth, he later went on...
OANDA:NAS100USD Over the past few years, I have analyzed my methods for entering trades and as I have developed, I have discovered a few key mistakes that most traders make. 1. Do no chase the price : Analyze properly and wait for your entry...most traders react negatively when price does not arrive at their target and panic and jump in because of fear of...
OANDA:NAS100USD Over the past few years, I have analyzed my methods for entering trades and as I have developed, I have discovered a few key mistakes that most traders make. 1. Do no chase the price : Analyze properly and wait for your entry...most traders react negatively when price does not arrive at their target and panic and jump in because of fear of...
We gave a breakout level of $700 back on June 24. There was a strong push and it was being tested. Half of August passed with a fix, but later we pulled out of the trade because the price wasn't going up, there were small volumes. The opportunity to re-enter again came a week later, on August 23. Then the price consolidated well and we were waiting for growth. As...
We're all here on TV for the same reason, to become better traders and to make money. I came across this tip not too long ago and found that it really helped me read the price action better within pennants, so I wanted to share it with the community. Pennants form after a strong movement in price (either up or down) where the price bounces back in forth in a...
The correlation between American Indices and the US Dollar is so powerful that some investors see Dow Jones Industrial as a USD market sentiment indicator. That relationship can be explained, and here is how. Explanation: When investors want to buy US stocks they tend to borrow money in low-interest rate currencies, such is the Japanese Yen. The Japanese Yen...
Hi All, Transformational news for mass adoption without the need for ETF: Bakkt; Assets Backed Platform, similar to (XAUUSD) ETF. This week, Crypto Sphere received very bullish News from Intercontinental Exchange (ICE), which is planning to launch their own (BTC) trading platform. And yet the market continues to Bleed slowly, which I cannot comprehend. I would...