🍏1. Everything starts with preparation and true expectations. Losing streaks will happen from time to time, accept it if you want to be a good trader. Even the best traders on the planet have them. But it’s the reaction to them that separates good and bad traders.
Know your probability of losing streak, based on your own backtesting and accept them before they...
Hello hello, R2F here with another discussion.
Today, I'd like to go over the question, 'when do you know you are ready to trade with real money?'
Too many traders rush into trading with real capital before they are ready, and end up losing more money than neccessary on learning journey. People are generally impatient creatures and want to get into actions as...
Social Media... the part of the Internet that is very dangerous when it comes to promises, money, and wealth.
We've all seen it: on social media, you can supposedly make millions in under 15 minutes. Pictures with a Lamborghini and a TradingView chart above it...
Let's go through some thoughts new traders may not be aware of and how to look at them with a...
In the dynamic world of trading, success hinges on a robust skillset. Imagine this skillset as a pyramid, with each level representing a crucial component that traders must master to achieve consistent profitability. At the base, we have Technical Analysis, followed by Risk Management in the middle, and Discipline and Patience at the top. Additionally,...
Trading in the cryptocurrency market often resembles a marathon where everyone aims to be the first. Unlike running, where there's only one winner, multiple traders can succeed in the crypto marathon. However, success in trading involves serious psychological work, which we'll discuss today.
Everyone aspires to achieve their goals and be successful. Beginners in...
Everyone has noticed that after a profitable position, emotions of joy pass quickly than in a situation with a loss. Mostly we all know the instruments, we all use same tools, we can watch,read million sources about trading. So why less than 3% profitable on a distance?
⌛️Psychology
A few points that I often repeat to myself to sober myself up
- Your...
For new traders, market decisions are often driven by emotions like fear and greed, rather than well-established trading strategies. While much has been written about this, there are other significant factors that influence traders' decisions:
Social Pressure: Traders often make trades based on the opinions and actions of others, rather than their own strategies...
Based on "Think fast and slow", people have two system thinking. System-1 is autonomous, always working in background (ie unconsciousness), lazy, intuitive, fast, has stereotypes. System-2 is rational, hard problem solving, takes effort and energy, cuts trough the BS, etc (ie consciousness).
Based on another book called "superforcasters" and some dude I forgot...
Emotions play a significant role in trading and can have a profound impact on decision-making and overall trading performance. Here are some common emotions that traders experience and how they can influence trading behavior:
1. Fear:
Fear is a powerful emotion that often arises when traders face unexpected market movements or potential losses. It can lead to...
We often see these words when trading. If you understand them, trading will be easier.
Including "deposit, withdrawal, position, closing, take profit, stop loss", etc.; they mean:
Deposit: remit personal funds to the trading account for trading;
Withdrawal: transfer part or all of the balance in the trading account to a personal bank account;
Position: the...
We have a clear bias of a psychological nature that basically consists of going against everything that experiences a movement in favor.
When a trend is established, it always tends to last longer than we expect:
_ It’s going to turn around now!, it’s going to turn around now! but it never does.
All that time you’re waiting for a market to turn is precious...
Hope Trading: How Traders Lose Money in Trading
This image shows how traders lose their money in trading due to hope. Hope is good but also you should believe in your analysis if your SL hits then accept that you are wrong now and should not hope in the wrong direction.
In the world of trading, hope can be both a friend and a foe. While optimism is essential,...
This is a short mentoring/educational session.
The USD/JPY is the pair we are trading this evening, I analyse this based on the mtf wave structure.
I explained the importance of the secondary trend, as a determinant tool or information for what may happen in the future.
I also shared one of my waves of success strategy using the DMI and the VMP for trade...
Hi everyone,
In this video I would like to discuss the value of having an unbiased bias when it comes to your analysis. It’s a dry subject with only a little chart illustrating near the end, but the boring stuff usually tends to be the most important topics when it comes to making it in this industry.
I think most of us are familiar with the word ‘bias’. For...
Hi everyone,
I felt compelled to create this short video on what I think it takes to be a successful trader. I've separated it into 4 factors:
1. Passion
2. Discipline
3. Perseverance
4. Patience
From my experience, these are the core things that you need to keep going until you find successful. Strategies should be the LEAST of your concern. I always say that...
Having a bias doesn't mean having a trading opportunity.
We all have a bias on the market, that is defined by our experience and trading approach. And it's not wrong or bad to have it. Problem starts when we're holding onto it too much and when we start to think we know almost for sure where and more importantly - how - the market will move into certain...
Trading without a structured risk management strategy turns the market into a game of chance—a gamble with unfavorable odds in the long run. Even if you possess the skill to predict more than half of the market's movements accurately, without robust risk management, profitability remains elusive.
Why?
Because no trading system can guarantee a 100% success...
The market is red! Let's figure out what you can do and what you shouldn't do
- We have an investment portfolio (investments are not a month or even half a year), we invest for the period of a bullish cycle or until a specific zone of interest for the sale of a certain token! We have an accumulation area and a distribution area! Regardless of what happens in...
