This is to help a follow trader here on #Tradingview @TradingView @blong8797 This is mainly for you. The problem is that Fractals print late and can not be relied on for use in a any automated system. They will literally BLOW YOUR ACCOUNT. Fractals look nice once they are plotted out but they are to be used as PREVIOUS price data and not CURRENT price...
The Most Important Lessons from "The Intelligent Investor" by Benjamin Graham "The Intelligent Investor" is a classic book written by Benjamin Graham, who is widely considered the father of value investing. Published in 1949, the book remains an essential read for anyone looking to deepen their understanding of investing and achieve long-term financial success....
Advantages of Technical Analysis in Financial Markets. Technical analysis is a widely used method of evaluating financial markets by traders, investors, and financial professionals. It is based on the idea that the price and volume of a security can provide valuable insights into the underlying trends and patterns of the market. In this comprehensive guide, we...
Bitcoin has been making waves in the financial world for over a decade now, and for good reason. This decentralized cryptocurrency has a multitude of advantages that have made it a favorite among investors and tech enthusiasts alike. In this post, we'll take a look at 20 of the biggest advantages of investing in Bitcoin. 1. Decentralization: Bitcoin operates on...
So you want to trade, but just not taking action. You’re on the computer and so close to taking a trade or opening an account with a broker. The button is right there. And yet, it feels like there’s a wall between your finger and the button. I get it. It’s a big step to take when you know you’re entering into uncharted financial waters. You know risk is...
Hello my followers I hope you are all well. Not posted for a while. Let's kick off with some serious trading psychology to help you in understanding my analysis. youtu.be "Empty your mind. Be formless, shapeless, like water.. when you put water in a cup it becomes the cup.. when you put it in a bottle it becomes the bottle.. you put water in a teapot it becomes...
1.“If you quit once, it becomes a habit. Never quit.” Quitting is a slippery slope. When we do it once, we’re much more likely to do it again. Keep this in mind next time you want to cut your workout short or give up on a new habit. 2: “I built my talents on the shoulders of someone else’s talent. Greatness is an evolutionary process.” • Mentors • Coaches • Peers...
In this video I am going through the trades I took last week and how I managed them.
Trading mistakes that will definitely make you lose a lot of money : 1. High Leverage , you lose your money after one or two mistakes, difficult to recover 2. Martingale money management , the point will quickly come when you cannot double 3. You don't use a stop loss , because you think you'll be right. 4. You buy at the top and sell at the bottom , you...
✴️Types of orders in trading There are two main types of order: entry orders and closing orders. An entry order is an instruction to open a trade when the underlying market hits a specific level, while a closing order is an instruction to close a trade when the market hits a specific level. ✴️Stops vs limits A stop order is an instruction to trade when the...
HERE’S HOW TO HELP VICTIMS OF THE TURKEY EARTHQUAKE: YOU CAN SEND COMPATIBLE TOKENS TO THE ADDRESSES IN THE LINK BELOW TO AHBAP ORGANIZATION’S CRYPTO WALLETS WHICH TURKISH GOVERNMENT APPROVED FOR DONATIONS. AHBAP CRYPTO ADDRESSES YOU CAN DONATE TO & TRACK: crypto.ahbap.org AHBAP Accounts for International Bank Transfers: ahbap.org AFAD (Ministry of Interior...
Using PSAR Support Resistance Indicator, Better price Action using Heike nashi Chart By plotting S/R from Higher timeframe one can find easy entry and Exits Signals: EMA Crossover for Up and Down Confirmation: PSAR Support from current timeframe or Higher Timeframe Entry: After crossing the S/R Lines ( Price must be above or below the SR Band) Exit: EMA...
Hey God bless you guys! i wanted to come and talk about failure in this i broke down why its important to have important goals whenever you trade and not only focus on the money and its important to switch your mind to see failure as a growing moment not a quitting moment i know this video is going to bless you i hope you enjoy it and you take notes!!
In 2020-2021, DeFi was the main driver of market growth and bull cycle development, giving users more uses for tokens and opportunities for users to earn. DeFi will likely no longer be able to give the same opportunities to the crypto market due to the lack of implementation of new breakthrough concepts. The only thing DeFi apps can do is to give a lighter user...
A drawdown is a period of decline in the value of a portfolio. This is where you take a number of trades, and the losses drop the portfolio at a marginal level (if you know what you’re doing). During these times, the market is typically more volatile (jumpy) and unpredictable. And so you have a higher chance to risk money in unfavourable times. Risk less with...
How can traders create a balance between intellect and emotion? In trading, rationality and passion are two sides of the same coin. Rationality helps us make educated and reasonable trading decisions, but unbridled emotions may be harmful. How do traders strike a balance between these two factors? - Understand your emotions and their influence on your trading...
As a trader, you must approach the market with humility and an understanding that you are at its mercy. And so you need to remember that the market, doesn't know you, doesn't care about you, and doesn't work to reward you. Let’s break that down. The Market Doesn't Know You The financial market (Mr. Market) is a complex and dynamic system that is influenced...
Here's why you need to be a humble trader. REASON #1: Humility is required for losing I’ve mentioned this for the last 20 years. And nothing has changed. We are NOT in the trading game to be right. We are in this process, to follow a proven and winning strategy in order to grow our trading accounts over time. Not in a week, not in a month and not...