Hello, and welcome to my top 10 of the worse pieces of advice you hear in trading, or simple "commong knowledge" that either make me go "HAHAHA" or my brain go "AAAAAAAAAAAAAAAAAAAAAAAAAAAH". 1/ Trading is hard/easy. You have to git gud at trading. At least learn how it works unless you already somehow knew. Everythign is relative, so for sure trading is not...
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...
Tip 10: Slow decline will accelerate, don’t copy the bottom and wait for slump Tip 10 needs to meet three conditions as follows: 1. The price declines along the MA5 and MA10; 2. The rate of fall is not sharp, but new lows are created continuously; 3. The price will accelerate and deviate from the MA. Usually, the price slides slowly, and...
Tip 9: Slow rise will accelerate, don’t copy the top and wait for bound Tip 9 needs to meet three conditions as follows: 1. The price increases slowly along the MA5 and MA10; 2. The rate of rise is not sharp, but new highs are created constantly; 3. The price will accelerate and deviate from the MA5. Usually, the price increases slowly, and...
Tip 8: If the price keeps declining in dawn,then sell at the starting point of last drop in AS Time Tip 8 needs to meet three conditions as follows: 1. The price keeps constantly declining last day, and no sharp rally appears in AM Time ; 2. Sell near the starting point of last drop which creates in dawn when price rebounds ; 3. Good entry time is at...
Tip 7: If the price keeps rising in Dawn, then buy at the starting point of last rise in AS Time Tip 7 needs to meet three conditions as follows: 1. The price continuously increases last day, and no sharp drop appears in AM Time ; 2. Buy near the starting point of last rise which creates in dawn when price retraces ; 3. Good entry time is at UTC...
Tip 6: Slump in AS Time, but rally cannot break out the decline starting point in EU Time, and then shock in the AM Time. Tip 6 needs to meet three conditions as follows: 1. The price slump quickly before UTC 2:00; 2. The price rallies quickly or continuously near to the starting point of previous rise; 3. The price rally cannot break out the drop...
Tip 5: Soar in AS Time, but drop cannot break out the rise starting point in EU Time, and then shock in the AM Time. Tip 5 needs to meet four conditions as follows: 1. The price soars quickly before UTC 2:00; 2. The price drops quickly or continuously near to the starting point of previous rise ; 3. The drop cannot break out the rise starting point in EU Time...
Tip 4: Slump in AS Time, but break out the decline starting point in EU Time, and then go up in the AM Time. Tip 4 needs to meet four conditions as follows: 1. The price slumps quickly before UTC 2:00; 2. The price rallies quickly or continuously to the starting point of previous drop in two hours; 3. The price rally breaks out the drop starting point in EU Time...
Tip 3: Soar in AS Time, but break out the rise starting point in EU Time, and then go down in the AM Time. Tip 3 needs to meet four conditions as follows: 1. The price rockets quickly before UTC 2:00; 2. The price falls quickly or continuously to the starting point of previous rise before UTC 4:00; 3. The price rallies but no new high appears, and the rise...
Tip 2: Decline in AS Time, continue in EU Time, and then rally before the AM Time is a bullish trap Tip 2 needs to meet three conditions as follows: 1. In AS Time,the price falls slowly and no sharp rally appears; 2. In EU Time, the price continues the decline and breaks out the low point of AS Time ; 3. In the continuous drop,the main correction is single bullish...
Tip1: Rise in AS Time, continue in EU Time, and then drop before the AM Time is a bearish trap This need to meet three conditions as follows: 1. In AS Time,the price advances continuously and no sharp drop appears; 2.In EU Time, the price continues to rise and breaks out the high point of AS Time ; 3.In the continuous rise,the main correction is single bearish...
Before given details of tips, time should be defined and divided clearly at first because it is different from normal classification and it is very important for traders. This time division is based on the different regional active traders’ trade action. Trade time division/time table 1. AS Time(UTC 0:00-2:00 )-obviously Asian traders are the main force in...
PREFACE These tips are summarized from author's long-term gold trading experience, and these are tested and verified very useful and effective for intraday gold trading. Importantly, users must remember these tips are only just used for intraday gold trading, neither for other commodities or forex, nor for long-term or swing trade. If traders master these...