I often talk about awareness being the cornerstone to any success, wether it be financial, physical or mental - but how many actually do it? For a whole week the western world was infatuated with a missing make-shift submarine lost at sea on its journey to explore the Titanic. Is it beneficial to us? Who decided that's what we should be all focusing on? It's...
Introduction: Trading in financial markets is a highly competitive and potentially lucrative venture, attracting individuals from all walks of life. However, statistics reveal a staggering truth: approximately 90% of traders end up failing. In this article, we delve into the reasons behind this disheartening trend, exploring three prominent examples that shed...
In the world of finance and economics, the use of mathematical tools and statistical methodologies to evaluate and predict market movements is an inherent aspect of operations. Particularly, the complexity of financial markets has demanded innovative tools for analysis, making some fields of mathematics like chaos theory and fractal geometry increasingly relevant....
The cardinal rule of investing — diversification — is a strategy as old as the hills. This time-tested principle, akin to the aphorism "don't put all your eggs in one basket," is a risk management strategy that mixes a variety of investments within a portfolio. The rationale being, a portfolio constructed of different kinds of investments will, on average, yield...
Hey folks! Today I want to talk about orders which you can use with bots. There are four orders that I use in trading. Stop-loses, Take profits, trailing-up and trailing down. Lets look how it works with DCA bots. For the DCA bots TP will trigger the selling of all the coins. These bots were acquired exclusively through DCA buy orders, allowing for...
Every pattern of the market has precise areas where the probabilities can play in the most favorable way for you, if you trust the pattern (until it expires). Of course, we trust patterns... that's what we do: we drink and trust patterns . This example on the XRPUSDT pair is a good example of this. As a day trader (or a FTT trader), your hope here would be to...
Introduction The issue with determining if a market is overvalued is the fact that depending on your perspective the market always seems overvalued. In this publication we will explore 3 sound ways to determine if the market is overpriced and see how they works. 🔷 Shiller price-to-earnings (P/E) ratio The Shiller price-to-earnings (P/E) ratio, sometimes...
CME: SOFR ( CME:SR31! ) On June 30th, SEC Chairman Gary Gensler posted a 3-minute short video on Twitter. In this educational piece titled RIP LIBOR, he explains what the London Interbank Offered Rate (LIBOR) is, and why its passing away is actually a good thing for consumers. As CFTC Chairman in 2009-2014 and SEC Chairman since 2021, Mr. Gensler oversaw the...
There is a curse of knowledge in the world of trading. And it comes a time where a new trader believes the way they can WIN is through… Knowing and applying as much info and data as possible. I’ve been there. In 2008, you should have seen my charts. They looked like Christmas Trees. Cut out the conflicting indicators. Cut out ANYTHING that does not make...
The market Makers' Buy and Sell Model is a strategy that reveals the market maker algorithm model for price delivery. Basically, there are 3 things market makers' algorithms do with price in every trading session, day, week, and month Those 3 things are; Accumulation, Manipulation, and Distribution. AMD: A: Accumulation M: Manipulation D: Distribution...
Easy strategy to use. Follow the trend and market structure.
Overtrading Overtrading often occurs when a trader feels compelled to be constantly active in the market, mistakenly equating frequency with profitability. It's an emotional reaction, driven by factors like the thrill of making trades, a desire to recoup losses quickly, or the erroneous belief that high trading volume automatically equates to increased profits....
I recently started to read a number of finance books and watching a lot of YouTube channels specifically on the topic of chaos theory and backtesting. I am going to start a series here where I share what I am learning and today we are going to delve into the world of backtesting. "Those who fail to learn history are condemned to repeat it" - George Santayana ...
📍 What is the Double Bottom Pattern? The double bottom pattern is a trend reversal pattern observed on charts, such as bar and Japanese candlestick charts. Similar to the double top pattern, it consists of two bottom levels near a support line called the neckline. The pattern indicates the end of a downtrend and is confirmed by two failed attempts to break the...
In the exciting world of stock markets, two of the most popular trading strategies that both beginner and seasoned investors employ are swing trading and day trading. While both involve the buying and selling of stocks, the time frame, strategy, and risk associated with each differ greatly. In this blog, we aim to delve into these strategies, explore their...
What is Quantitative Trading? The first step in understanding quantitative trading is understanding its definition. It's a type of trading that uses mathematical models to make transaction decisions. This is an extremely math-heavy field of trading and that is what makes it so effective. Traders then input certain parameters into their model, which then uses...
Hello Traders. Today I have created a summary of this previous week's price action on a Session-Session basis. I explain in detail each of the 15 Sessions and how they relate to the overarching destination for the weekly candle. I hope you enjoy and please leave some feedback in you found this either useful or interesting. Best, Shrewdcatfx 🐱👓 Key for Chart 1 =...
This is how I identify Wick Fills 🎭 . . . Hey, traders in today's video I have made a quick highlight of the technique which I do use in identifying wick fill (candles). In this example, I have assumed it's a short trade but everything else is the same if you are looking for a long trade. . . . Let me know if this helps and be sure to drop your comments or...