In the market, regret is a frequent word. Many people face the complex investment market and often feel fear, hesitation, and regret, whether it's before buying, after buying, after selling, or just watching without buying. How to avoid this phenomenon? The fear, hesitation, and regret are largely due to not knowing how to manage positions and follow the crowd....
In order to be successful in any market, it is essential to have trading discipline. This blog post will discuss what trading discipline is, why it is important, and how to improve it. Having self esteem and a positive outlook are crucial for any trader, as well as being able to stick to your trading plan. There are no shortcuts to success, so traders need to be...
Integrity… It’s what gives you certainty, confidence and trust for yourself. It’s what tells you, you can do it. It’s what makes you leap forward in life. And it’s what earns you self respect. With trading, you need to achieve self respect, to help feel more assertive with the trading decisions you make. In this short letter, I’ll give you some actions...
Generally, traders who participate in buying and selling gold futures contracts sell and buy back the same number of contracts as the previous contract before the contract expiration date, which is known as closing out, without the need for physical delivery of gold. The profit or loss from each transaction is equal to the difference between the buy and sell...
Many traders think that an extreme overbought/oversold reading indicates a stock index top/bottom. Very often espicially with a rising stock index, an extreme RSI reading implies continuation of the trend. Note in late 2019 the persistant bull trend had a very overbought reading, yet the final top wasn't in place until a double bearish RSI divergence. The same...
Hello. I thought it would be a good idea to comment on one good indicator. This is SQZMOM by LazyBear. It is one of a class of volatility indicators. It has two indicative messages. 1. Crosses. Black crosses indicate price contraction. Price contraction signals that the movement can no longer be continued in the direction of the previous momentum. Gray...
What exactly is risk management? The ability to control your losses so that you do not lose all of your equity is referred to as risk management. This is a system that may be applied to everything that involves probabilities: trading, poker, blackjack, sports betting, and so on. Many inexperienced traders underestimate the significance of risk management or...
So you have a trading account opened. The money is in, your watchlist and charts are set up. But you have left your trading half-hearted with doubt, concern and little energy. This is what is slowing your performance. This is what is stopping you from growing your account. And this is why you’re living with second thoughts not seeing progress. May these 5...
Which of these methods is your favorite trading method? Comment below 👇 🔹 Breakout trading Breakout trading involves identifying key levels of support and resistance and entering a trade when the price breaks through one of these levels. Traders using this strategy look for price patterns that suggest a breakout is likely to occur. For example, a trader might...
There are several types of Fibonacci tools that are commonly used in technical analysis, including: 📊FIBONACCI RETRACEMENT Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur.Each level is associated with a percentage. The percentage is how much of a prior move...
Biases that influence your investment decisions Most people who invest in the stock market don't reach their goals. The top 1% of investors can double or even triple their returns from the market. Reason: how investors think How this article will help you avoid these biases: * Awareness -...
In this real world, there is various philosophy that tries to explain the "As above, so below" harmony is the great law of nature but none can prove this law hence it's still a hypothesis. The law of nature works on everything and the stock market is not untouched by nature. I am not here to give a lecture on this law of nature but to prove how this harmony of...
Inflation--- This is easy to understand. Once inflation occurs, the purchasing power of the currency decreases, and people's money becomes less valuable. Deposit interest rates cannot keep up with the rising prices caused by inflation. At this time, people consider how to preserve their assets, and the demand for gold as a hard currency will increase, thus...
🔥Hi, friends! I will explain why altcoins are following BTC and how traders can take advantage of this idea. The first and main crypto is Bitcoin. I am sure that 99% of traders/investors discover crypto through BTC. 📊THE 4 MAIN REASONS WHY ALTCOINS FOLLOW BTC: 🔥 Bitcoin is the most influential cryptocurrency: As the first cryptocurrency and the largest by...
Traders, I'll review the Pivot Point Supertrend Trading Strategy in this video. This strategy has up to a 90% success rate with an avg. of 80-100% profits weekly. I think it's well worth our time to review and potentially implement or even automate going forward. Enjoy. Stew
In the case of constant mistakes, the main problems faced are shrinking funds and psychological suffering! A trader must reduce the probability of making mistakes, because your profits come from the losses of others. That is to say, when someone makes a mistake, there will be profits for people to make in the market, but you can't calculate and predict how many...
Hello TradingView Family, this is Richard, also known as theSignalyst. In this video, I will go over how to: 1- Connect your OKX account to TradingView. 2- Spot Trade example 3- Futures Trade example 4- Calculate your risk per trade Hope you find it useful 🙏 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Avoid these four bad trading habits, and wealth will love you more! In trading markets, whether it's cryptocurrency, forex, futures, or other markets with candlestick charts, it's not advisable to cut losses or take profits at the slightest gain or loss. You should not become greedy when you make large profits and not wait until you suffer a large loss to...