As traders we are our own worst enemies! A common theory with trading is as follows. 10% is having a good strategy, 30% is having good risk management and the final 60% is psychology. If we as traders fail to address the final psychology part of the sentence above then we as traders will fail in the markets. The chart shown in this idea is EURGBP working the...
We have been trading and investing in markets for decades since the early 1980s. Experienced and successful traders and market participants tend to remember their losses and mistakes instead of victories. Profits feed the ego; losses are teachers for those who realize that valuable lessons come from adversity instead of triumph. Everyone has an opinion- The...
The tips that I am about to give you can completely change your results as a trader and it can help you to start becoming a PROFITABLE TRADER or if you already is a profitable trader it can help you to increase your "win rate". 1 - Never blindly trust in the Moving Averages or any other indicator that you have set in your chart, it only takes a big spike on...
Hello my friends today i want to talk with you about most common mistakes in trading from my experience (any market but specially in crypto) And after reading this i hope you will avoid them 1- Not Patient Enough : I think this is one of top major reasons for failure in cryptomarket Most newbies in this Field are thinking they will be rich in few days thats...
In this video we go over the 3 types of forex trades, the bad, the good and the great! These tips are short and direct, but hopefully they are a wake up call to help you to start focusing on the good and great trades by being patient and disciplied! I also go over our XAUUSD long trade! Happy trading all <3
In my trading career beyond having a strategy (actually multiple depending on market state and asset class) to base my trades on nothing has ever been as important as having a Trading plan. In this post I want to share with you my personal trading plan to help you create a set of rules that will help you stick to your plan and keep your emotions in check so that...
All in due time.
Where ever you go, there you are.
The most important part of trading - especially with true trend-following - is stalking your prey very very carefully. The next is controlling loss. Trend followers suffer heavier controlled losses - but also enjoy far greater gains - than those who rely on targets-based methods of trading. It is certainly not for 'everybody'. Only about 20% of all traders are...
- Frontken has been on an Uptrend for some time. I did write about it months ago (click on the link below). - In the recent chart, we see that the price is trying to break Resistance @ RM1.67. - At the time of writing, we see an LC breaking through this Resistance at its 3rd attempt. - If this is a genuine break, volume must be high and price will then do a...
The very same day you learn to read your graphics correctly, you will certainly know it because your Bank Account will always be bigger than before. Your only JUdge will be the merciless Dollar value. Anything else can be considered as illusions. It is very easy to cheat everybody, including ourselves, however we cannot cheat the Filthy...
Let me know what you guys think about my german accent - Im working on it. Hope you enjoy the video.
Hey TV, In this video I cover an easy to apply mind hack that will help you STOP exiting your trades too early. You know, those trades where you think it's gonna run against you so you bail out only to see it head to your target later on! As always likes and comments are appreciated. Stay safe out there :) P.S. Please check out my other educational videos...
Avoiding bad trades is just as profitable in the long run as taking good trades.
ISP is an Italian bank that has really taken a beating this year. Under all metrics it is a really weak institution. What I wish to demonstrate today is how whales operate and hopefully how to take advantage of it. Before I continue I'd Like to state two Axioms I take with me anytime I chart 1) A body in motion stays in motion unless an external force acts on...
One of the big issues for many traders is simply patience. In this video I'm showing how one set up could have taken 63 days to deliver around 500 points. What's the rush? Let the charts work for you. Patience and discipline takes time to develop, of course. Do the time. Take the time. Let time work for you. Sometimes a bit of judgement is required. But...
Trend following is not easy because: 1. Finding trends requires a high level of attention to detail. 2. Removing disbelief as an emotional response. 3. Having lots of patience. I explain a few difficulties I've encountered.
Patience is a great quality in trading. Why ? Simply because it helps you not ceeding to impulsivity and it helps you decreasing mistakes. Patience in trading is similar to patience in poker. A good poker player will wait hours to get the best hand possible. He will wait for a very good pair like AA or KK instead of risking losing with weak pair like 44 or 66. Of...