In this educational content video I had to cover one the biggest noob trader mistake, trading with too much leverage.
That's basically what flushes out almost 80% of the noobs. Getting the margin call, putting more money into trading than you initially expexted.
All of this is well known as gambling problems. And the recent flow of beginners who went to the...
This is about psychology - that 'no-go' area. In this video I explore negative emotions from different aspects. I look at how emotions are connected to risk and risk management.
Avoidance is connected both to risk and emotions.
I say that the biggest part of trading is about separating emotions from the objective assessment of risk
In this video I give a few minutes of preview before discussing what I see on this weekly time frame. Bear with me as you'll see where I'm heading.
In the second half of the video I show how I estimate the big probability from the weekly time frame. I'm not interested in being right in this. That's not what I want to get across.
Whilst technical analysis is a...
I'm sharing a chart to give my sentiments about listening to the news. New traders especially tend to listen to the news and website opinions about where markets are heading. I show a bit on how I approached a particular situation on the US30.
A lot of news is late and people who create news items or blogs have their own biases, based on the information they...
Whilst I am on a roll, I'm pushing out loads of questions and thoughts that have occupied me for the last two years. All this is well ' Beyond Technical Analysis '!
In too many trading/training videos out there, I've heard the words 'discipline' and 'self-discipline'. These are so commonly used words that many take their meaning for granted, or as something very...
If you’re reading this looking just for the best course to attend, you may be disappointed. I go deeper than the simple issue of 'which courses' or 'what course is best'. The sharing of my personal experience may be of value to new traders but also for more seasoned traders.
INTRODUCTION
I’m sharing a summary of my experiences over the last 4 years, so that...
Hey Friends
This is a re-reupload. I was not allowed to write swear words. I hope you will give IT A BIG LIKE, and support this chart again due to its educational purpose! Thank you, my friends
This is an educational chart about the Psychology of a market cycle. Every market is determined by people's feelings. In this chart I have illustrated how people tend...
Alternative view of psychology of the market cycle.
Response to the linked idea of D4rkEnergY
D4rkEnergY:
www.tradingview.com
Comparison: psychology of the market cycle
medium.com
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...
The escalation of failure in trading ! : 5 reasons why most of traders lose their money !
Reason 1 / Step 1 : The "I DON'T ACCEPT LOSING" syndrom
Reason 2 / Step 2 : The "I MOVE MY STOP LOSS" temptation
Reason 3 / Step 3 : The "AVERAGE DOWN" disease
Reason 4 / Step 4 : The "RISK EVERYTHING" game
Reason 5 / Step 5 : The "I SWEAR IT WILL NEVER HAPPEN...
In Wyckoff Analysis, four main phases occur during the trading cycle: accumulation, markup, distribution and markdown.
Accumulation phase is when smart money enters on a long position, when general public is not interested.
Markup phase is when parabolic movements start, driving media and public attentions, when entusiasm and FOMO make their victims.
Distribution...
In the most recent BTCUSD dip I made a series of mistakes that put me in a slightly nervous position overall, but still generally favorable.
Over a series of trades I managed to find myself in a position with an average buy price of $7486.13. Trading profitably on the dips I reduced this average buy price to $7348.21.
Throughout this series of trades I had...
Many a trader will have made their best analysis based on information at the time and then taken an entry position, only to find that the market does something unexpected. Price may move violently in the wrong direction i.e. not the favoured direction and comes close to a stop loss or actually stopping out the position for a loss. Now with hindsight a trader feels...
Practical Exercise
1) Think of a past scenario where you acted impulsively in your trading and suffered the consequences.
2) What was the psychological issue that triggered the mistake?
3) How can you avoid future occurrences of this mistake?
4) Share in this thread.
The psychological aspect and my thought process
Hello everybody, I'm so sorry that the migration did not as fast as I'd like it to be and, finally on last it's done and I can be back on trading.
Before i touch on how i would trade, i suddenly thought sharing my thought process would make so much more sense because literally you
will understand how i use my...
Hello everyone, i haven't been publishing much this week due to some platform migration issues. So, keeping my fingers
cross that all will be resolved next week, Now, i'd just concentrate on delivering my educational series and hope to
continue to benefit the trading public.
In the first part, i shared a very simple momentum trading strategy. Simplicity works...
This will be a relatively shorter post and is a follow up on Part 1 (phew.... Good for me and you LOL)
So, i got this situation where there was a breakout on the 4 hour, mark with a dash line on the 1 hour.
The first thing that came to my mind will be:
A) I want to long
B) I will not short even if there is a reversal (Unless 7700 is broken)
C) Where will i long?...
Please ignore the previous post as I lost internet connection
Dear all, as mentioned i not only want to share trading signals and ideals but more on my psychology.
There are tons of signals and ideals just on this platform itself. I do not see I'm the best out there, nor
am I not trying to be special or trying to sell something. I have always been wanting to...
