Crazy bull run from INO, which was missed and partially screwed up.. I realized some profit, but well below my target. Entered the market at 4.28 and jumped out at 5.13, while my target was around 8.45.. I should have followed the initial plan, i should't have jumped out, i could realize more.. now i would do this, i would do that, blablabla... It's easy to...
This is a recap of my trades so that i could improve on my entry and exit point.
Real trading is more than trying to win all trades, or having perfect trades. Being profitable in trading is a puzzle and as long as it is not complete it cannot be profitable constantly, everyone builds their own puzzle. This puzzle in my perspective has these pieces and more -Good technical analysis -Operating understanding (how numbers work in trading, why...
🚨PANIC SELLING of stocks due to Coronavirus...😷 in fear that earnings for top companies will drop as productivity comes to a halt. 😩 ⚠️ Historically, the SARS outbreak did not cause the stock market to dump farther as we were in the tail end of the Recession. Coronavirus appears to be coincidentally at the top of a market rally and is just a social trigger to...
"the trendline xrp holders refuse to see" Here is a little psychology lesson: Denialism is a person's choice to deny reality as a way to avoid a psychologically uncomfortable truth. Denialism is an essentially IRRATIONAL action that withholds the validation of a historical experience or event, when a person refuses to accept an empirically verifiable reality....
"Bitcoin is like the early internet" we hear that sentence over and over. The convenient thing is the internet and crypto, as we know them, both appeared the same year, in 1983. So how about a simple side by side comparison? * Note I have strongly overstated crypto adoption to make it visible. As you can see, adoption wise, crypto is indeed like the early...
Every site book or video introducing what trading is says the same: The number 1 threat is being emotional. I agree, but I would be more clear and call it being irrational, or better, having a reptilian brain. "Being emotional" sounds like someone getting all hysterical, that's not how traders fail, they fail because they got caught up in the hype, get scared of...
Bitcoin's main trend is upward. Which formed the ascending channel . Always trade with the trend. Decide in which trend you are trading and on which timeframe. Decide on strategy and risk management. Your first enemy is a lack of experience and knowledge. Your second enemy is greed and a sense of lost profits. You always have time to make money, the market...
Compare some major asset classes (USD, Gold, Oil, S&P500, Nasdaq, Russel, 30Y Treasury yield, Commodities, and ... BTC) over the past 20 years. Scroll the graph to make the starting point on the left a different point in time.
Not sure what chart to use to post this but I think gold is a good one, no element has caused so much emotional reactions in humans so it's quite fitting. Fearmongerers (I wonder how many are just looking for attention) are using the emergence of this virus for making doomday predictions & getting likes from "the crowd". Paranoia spreads on social networks. We...
Here is the Weekly review for the week of January 20th through the 24th: Another strange week as the GBP pairs remained in a consolidation. We only took one trade, which was a failed breakout on GBPAUD on Monday for a loss of -27.6 pips. Recognizing and adapting to the current market conditions we became more selective with our trades. By doing so we avoided...
This week tested our patience and discipline in the Trade room for The Gold Method Ichimoku. Here is a day by day breakdown: Monday, we passed on both a breakout trade and a MA trade, both of which made money. However, despite the potential result the decision to stay out based on the market conditions at the time was correct. Tuesday, we had a very nice Type 1...
always have 2 outcomes with probabilities we only trade we the highest trading setups forecasting what is possible to happen if this trade doesn't go the way i expected it ? forecasting this so that your mind wont be shocked when this happens to you !
Hello, I have to look at some details on a FX strategy and it is alot of mental effort, therefore here I am looking at high short interest on stocks that I do not even trade :) Let's look together at the most shorted stocks in the USA. What I think happens in Wall Street is every one copies every one. If a fund misses out on something that every one else has...
so this is a mini over look on a fake out this was interesting as we was moving up we never made any new LL we was still making LH we can see this on the 1HR time frame this is why the higher time frames override the lower as if we went to the 15mins TF we made a new LL but adding this with a strong area of price and now retesting this as support adding more...
Dear trader, something to think about. Is it possible to make millions of $$$$$$$$ from $10,000 in 12 months? For sure! Check out this great story. *Daniel J. Zanger is a technical stock and equities trader. Zanger hit the media spotlight after audited returns showed he turned $10,775 into over $18,000,000 in under 2 years. Personal history Dan Zanger...
Hello friends, first of all, you can support this idea and follow simple questions in your trading. This post will help you find your ways in trading. Before any trade, ask simple questions and make sure you have answers. Can you afford to lose some amount money? — Accept the risk. Don't fool yourself. Do you have a strategy for trade? — Plan where you will...
RSI is on at the peak, even i doubled the data RSI 30 if you buy at the top, any small profit, take it. never setting the stop loss. remember what happen to MATIC/BTC you'll crushed today or tommorow, but surely soon..... TOMO breaking thin ichimoku green cloud, the thin green cloud will never be able to push prices even further upwards, BTC has been in that...