Have you ever heard the saying that the casino complains about their losing days and every gambler brags about their big wins?
Well the same thing applies to traders. Diligent traders remember their big losses rather than their wins, where losing traders remember their big wins.
Sticking to consistent small gains over time rather than targeting huge wins is a...
Although indicators can help in the process of constant trading, nothing compares to Japanese candlesticks , which in themselves show who is stronger in the market, buyers or sellers.
Using technical analysis in your favor is crucial for understanding what may happen next in the market. But... Japanese candlesticks often give the clearest picture of them...
Hey traders,
Being a full-time trader & running a coaching program for the last three years, I met hundreds of struggling traders from different parts of the globe.
Guess why the majority of them could not make it? What was the main reason for their bad luck?
It wasn't their trading strategy, nor their technical analysis. The source of their failure was the...
RSI can be beneficial in your trading if you use it correctly. This printable cheat sheet will assist you in divergence, so you can trade more precisely and increase your profits.
To print this cheat sheet, Right-click the illustration below and then click Save as Picture.
What Is RSI Divergence? With RSI divergence, the relative strength index of a...
"Look for a confirmation!"
"Wait for a confirmation!"
When I was learning how to trade and when I was watching and reading different trading educators, these words naturally pissed me off. What the hell are you talking about? What confirmation?
It was a full-blown mystery...🤯
Then, once I started to mature in trading and trade full-time, I became an author...
The O’s in your trading game that have to go are shown drawn on the chart.
The three O’s in the idea can all overlap one another and allowing one to creep in can lead to any of the other also creeping in to your trading.
We have all suffered at some point in our trading journeys of these three phenomena.
All of these O’s can lead to capital being impacted and...
In this video we go over the 8 best trading rules we have come up with from our own direct trading experience!
We hope atleast one of these rules helps you on your journey to trading success!
UTPs (Universal Trading Principles) are a set of trading rules you must not break. They cover entries, exits, strategies, and risk management. They form the backbone of your trading plan. Repeat these rules everyday, like a mantra, until you can recite them in your sleep. This will make you a successful trader.
1. Don't leave money on the table - I move my SLs...
Trading is a probability game. Every successful trader knows that any trade he executes may bring either profit or loss. In order to assess a statistical advantage of a trading strategy, it is necessary to execute a large number of trades. That is why, it takes a lot of time to understand how efficient your trading is. There will be loss-making trades and you...
we are now explaining how do we take trade
so you don't have just an idea but actually the process behind the trade.
our entry trigger:
3 bullish confirmation on the macd
-macd with histogram forcast showing a bullish momentum
-macd4c showing a regression from the bearish momentum
-macd vxi showing that volatility is on our side
volume
-increase of volume...
Hey hey!
Happy weekend to all the traders out there!
In this video we go over a little bit of specific education on what failing traders do daily that you need to STOP if you want to get profitable!
We hope that you enjoy the video and do let us know if there is a specific subject you want us to cover in the next one! Just leave a comment below!
In this video I explain a little bit about how you should be thinking as a trader and accept the fact that your are in complete control of your trading results... the responsibility is always on you.
Ending diagonals are motive wave patterns yet not impulses, as they have two corrective characteristics (wave 4 must always enter the price territory of wave 2). ED's usually take the shape of a wedge and in all cases, they are found at the reversal points of the larger patterns, showing exhaustion of the larger movement. I usually confirm that I have an ending...
Risk & Money Management
Risk management, in my opinion, is equal in importance to psychology because it allows your trading strategy/edge to play out by keeping you in the market equity wise. There really isn’t much to risk management other than its number one rule, never risk more than 1% per trade. Risking one percent per trade allows your trading system to...
