What is the best way to make money on gambling? Own a casino.
- Casinos operate as a business.
- Casino have table limits to manege and their customers are likely to risk it all.
- Casinos have a mathematical edge, and gamblers are at a disadvantage.
- Casino has no ego or emotion, but gamblers do.
Now what give us a trading Edge:
.Trends
.Support and...
I first heard about Supply and Demand trading from @Tradewonk, his analysis using this are great!
I also ask him about it and he gave me a link to his Ideas about it
I also tried searching the internet about it and came up with this idea. @Tradewonk, can you confirm if I got the idea correct?
Note: This idea only explains Supply Zone, but this is also true for...
"There are really four kinds of trades or bets: good bets, bad bets, winning bets and losing bets.
Most people think that a losing trade was a bad bet. That's absolutely wrong. You can lose money even on a good bet.
If the odds on a bet 50/50 and the pay off is 2$ vresus a 1$ risk, that's a good bet even if you lose.
The important point that if you do enough of...
How to Trade the News
We see lots of new traders in the chat here on Trading View making poor decisions around news based trading. Yes, catching a big move can be profitable, but it is a gamble and one that we as money managers should not be willing to take.
Ask yourself this, if you had $1m of client money at stake, would you bet on the direction of a short...
What an exiting ride it was with Lisk today.
I read the chat and a lot of people who missed the train in the first place wanted to take this ride to late. I tried to warn you but the fomo was to big. In the beginning i made the same mistakes, so i decided to make this chart for you.
Trading rules:
1. You missed the train. Bad luck but you have to wait for the...
This is my trading plan. You can look through my published ideas to look at other examples.
I need 3 reasons to enter a trade.
1. A clear direction. I use 3 emas 50, 100, and 200 as shown in the chart.(Required)
2. A horizontal support/resistance area. (Required)
3. Price retrace to one of the emas to act as resistance. (preferably than fib)
4. Fib continuation...
Like many other worthy endeavors, overcoming greed requires a lot of effort and discipline. It isn’t easy, but it can be done. It’s all a matter of taming your ego.
You will have to admit and accept that you won’t make the right call every time. There will be instances when you won’t catch the market’s full move, or times when you will miss a nice setup...
Learn with the Lex van Dam Trading Academy on TradingView! www.tradingview.com
Featured in our Trading Club, 4th July
Our checklist provides a systematic process that fellow hedge fund managers and traders employ to analyse markets, from which the biggest trading decisions are made. We use similar versions to analyse major currencies, stock markets and...
"I trade like I bath" - the words of a self-created guru trader who wanted to convince me to join his "Premium Group" a while back.
Although by his very nature the gentleman was a scammer and made more money through "teaching", those words lead me on a path which to a greater level of certainty in my own trading and analysis. (By the time we had that interaction...
Many of you have been asking me, what is my trading routine, so I decided to make an educational post :)
Here is a break down of my trading routing:
Pre-Trading Period
6:30 am weak up
Quick GYM session
Having a healthy BREAKFAST
Once breakfast is over, I go for 15 minutes of MEDITATION
After the meditation is over, and my mind and body is relaxed, I go for a...
If you read this post, it means that probably you are interesting in making money in the crypto markets. You want to trade cryptocurriences and multiply your investments. But do you really think that it's easy? The cryptomarkets open for everyone great opportunities, but you must have some skill for conversion these opportunities into real money. If you think that...
Hi traders!
Hope everyone had a profitable week.
Here are some trading rules that helped become a better trader. Feel free to share any additional tips that you found helpful during your trading career...
Happy weekend :)!
- Abdulla
After you have read a few charts from my previous topics such as “Midas Touch strategies”, you should know that you will buy stocks in rising industries.
2018 & 285 are categorized as InfoTech(Hardware&Equip) Industry by VectorVest. We are now comparing the performance in the last month i.e. 7-Jun to 7-Jul
HKEX: 2018
You may see there are 3 unhappy face symbols...
Was a Tasty Trade video that summed up a lot of valuable lessons for most short premium traders.......I'll be grateful if someone could post how I am supposed to get a plain screen without any bars so I can post just plain text. Gave me a chance to post an idea under a forex ticker so I guess I should not complain ;)
The most important step in a successful FOREX trading system is ANALYSIS, ANALYSIS, AND ANALYSIS. But after you make a great analysis, you know where price should go and when....what happens when price comes to your HITZONE? Thats where the next step in a successful system kicks in.
ENTRY TRIGGERS- one or more of the following: candlestick patterns,...
