For those who are relatively new to trading, have you ever thought of giving up? Have you ever felt like trading is so tough or mentally exhausting? Do not give up just yet, believe me that every consistently profitable trader have been through phases where nothing seemed to work. Frustration, depression, sadness, those are merely part of the process, stop being...
I've been curious as to what players would be involved to have the Crypto world have a one trillion dollar market cap. Looking at the top 20 coins, it looks as though we sit around $600 Billion, so less than a doubling of the current market. I truly believe the "FOMO" hasn't even arrived in the market and once they catch on that we'll see the trillion dollar...
The world of investing has often been compared as a loser’s game in amatorial tennis (Charles Ellis, 1975) where matches are won by making less unforced errors than your opponent. Rather than seeking winning and difficult shots as professional do - they also seldom make unforced mistakes - the best strategy would be to focus on making less mistakes i.e. winning by...
Pro Backtest Method:
STUDY CANDLESTICK BEHAVIOUR
- You should know what type of
candle your ideal entries are taken
based on momentum/rejection.
- To help with in the moment decision
making before entry and avoiding
impulse entries try this;
1. Open Chart During your preferred
session and timeframe. Look to see if
market conditions are similar to your...
Hi traders. I've been receiving messages recently requesting for more educational content especially for people who are fairly new to trading. If there's only one emphasis to remind myself back then as a beginner trader, it'd definitely be risk management. So why is it so important to avoid scalping the news especially when you just got into the trading world?
1....
I've received questions regarding how to identify whether its a temporary/ short reversal or a complete reversal during the uncertainty. There are certain things that you should be looking for when you're looking for these two complete different setups.
Mean reversion:
1. Shallow pullbacks - It's a primary indication that big players are simply pausing, wait for...
Hi everyone! Thought of sharing some personal mindset-related gains for the span of 2020 since today's the first day of 2021, hopefully it'll be the best year to all of my follower, and to anyone who's spending their time reading this.
Why is it so important to journal down all of your trades, and really dig into reviewing them on a daily basis? I've received...
The Core Identity of any trading psychology, is what determines the outer layers of action & result.
The concepts on chart, are mainly what forms my Core Trading Identity for now.
Let me know if you have any comments or ideas on this aspect of trade.
Sunzi begins by establishing the importance of strategy. Although the word bing has been translated as "war" in most works in the west, once you approach the original Chinese manuscripts and the sense of Sunzi's work, you immediately come to understand that he was not talking about warefare, instead, Sunzi wants us to appreciate how important it is to develop...
The holidays are here and we want to send our biggest thank you to everyone. The daily support, feedback, and outreach is invaluable. Thank you! 🙏
During this time, we're reminded of how important it is to be thankful. 2020 has been a challenging year, but together, we can make 2021 much better. Our goal is to continue building a platform that gives anyone, no...
Merry Christmas everyone:
Hope everyone is well and healthy, and enjoy the holiday season as much as we can :)
Back here with another quick educational video on price action structures/patterns. I am going to go into detail on double tops/bottoms type of price action.
Many of you have asked me to elaborate more on what double tops/bottoms truly mean, and...
1. YOUR TRADER PROFILE
The first thing most traders will have to do is build a portfolio, this process is more complex than just choosing what assets to trade, and in order to build a good portfolio you will need to find your trader profile, which can be determined by asking yourself the following questions:
What is your initial capital?
What is your...
Mum and dad buy & hold (also known as "buy & forget" and "buy & hope") gets heavily promoted as some holy grail.
Take advantage of the market rewards with the least effort, stress, and without having to pay fees to money managers, fees that will eat your retirement.
To Bitcoin holders this is the greatest thing and they dream of wealth, they think they found the...
I'm sure many of you have experienced this before. Me included.
The market moves against you, so you extend your stop loss. The market moves against you again, so you extend your stop loss again, thinking that the market will reverse in your favor.
We all know what happened next. The market never reversed and you lost a huge chunk of your capital.
It is very...
Hello everyone:
I want to go over an important topic of scaling into the market. This is something more advanced in my opinion, and should be used cautiously when applicable.
First you will need to understand that it's important to fully accept the risk when you try to scale in a trade.
Essentially you are doubling down on a trade when you do so. What is your...
I do not know anyone in any field that is successful by doing everything.
The average hedge fund is diversified, sure, but first of all they start in 1 area then diversify by learning more and hiring people, and second they underperform, they diversify to reassure investors but this is bad. You'll sometimes see them on tv acting knowledgeable. They are not high...
How do you document your trades? In a spreadsheet? In a trading journal? Directly on the chart? How much is too much? How little is not enough?
I say you need to document enough to tell the story properly. Every trade tells a story. As with all good stories you have a protagonist and an antagonist. Good guys and bad guys. The hero and the villain. And then,...
Lets me discuss basic human psychology.
Most investors only want to invest when stocks are BOOMing and reaching an all time high!
Does this sound like you?
While most investors avoid stocks when they first begin or when they reach their lows.
Some Rules of investing:
1) Buy when the stocks dips at appropriate levels & better yet at early stages - do your due...
