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...
There are no wasted paths in life. All your efforts now either earn experience, knowledge, or wealth. As the Chinese saying goes, "Don't put all your eggs in one basket." This is because if you accidentally drop the basket, all the eggs will break. This principle applies to investment markets as well. It is recommended to avoid concentrating all funds into one...
In order to make it on green in the trading area, you need a lot of skills or a mind "all over the place". You will need to analyze a lot of data like profit, earnings, market share, and competition in order to see how the stock will go.
Numbers are an important part of the game.
However, an even bigger part of the game is the "emotional" part, or how you handle...
We have all been guilty of this at some point as traders.
The only thing that matters to us is the returns or the potential returns 🤑
Our only focus is those returns which we have no control over 🤦♂️
When returns become the only focus we fail to focus on other elements we do control that will get those much wanted gains.
Once upon a time I focused on a...
Cup and Handle Chart Pattern Tutorial with Example below !
Stay Tuned ! In the next educational post i will write about psychology of trading Chart Patterns and strategy of How to successfully trade few chart patterns in detail.
Cup & Handle : Cup & Handle Pattern can be seen both as a bullish continuation or bullish reversal pattern. A bullish...
A trading system that provides you with with a 85-90% success rate with also giving you more time off the charts.
This system will equip you with the following before you even enter the trade
1. Entry - This trading strategy will show you potential entry levels
2.Exit - Before you enter the trade you will see all the potential take profit levels then you scale...
