The DeMarker indicator, also known as DeM, is a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's equivalent price to measure the demand of the underlying asset. From this comparison, it aims to assess the directional bias of the market. It is a member of the oscillator family of technical indicators and...
One of the BEST parts of TradingView is ALL the thousands of free and paid indicators you can add to your charts to try and find your own unique style and what works best for you. I made a video a couple of days ago where I showed how you can use the built-in TradingView stock screener to find stocks in a nice steady uptrend using moving averages and some...
China continues to privatize companies, open its markets to foreign investors, and develop relations around the future silk road. In 1 month China is launching its international Copper future. It sounds interesting but I do not know if individual investors care enough for this future to be available with my broker, maybe IG will have it. As the USA declines (and...
When I started trading I was extremely excited about the possibilities that lay before me… The dream of changing your work ethic from “working for your money” to “putting your money to work for you” was intoxicating. I took every class, read every book, followed every “guru” I thought would help me get that ‘edge’, that secret sauce, to make me a great trader....
Remember to not only keep an eye on the chart above, but also on the related BTC chart. Money Man has been, as you know, watching ETH move compared to BTC and realized that we are waiting for a correction that would see ETH not fully hitting targets. This got him thinking of how, think it was Rockefeller - please correct me, said that he loves selling before...
Keep an eye on the chart above. Again, the planned thread of ed posts are interrupted by an idea that is more pressing. See it as a bit of relevant escapism if you will. Not that Money Man is a guru, but he has been asked many times by fellow traders how to get out of a tight spot they were finding themselves in. Now we all know that giving financial advice,...
This is a companion video to my "Trade Like a Pirate" article showing how the Long & Short tool can help you manage your "aRRR" - Your Reward-to-Risk Ratio. Whether you are trading a Company, a Currency, or Commodity, you want to Consistently trade your positions in terms of Risk and Reward for consistent results and to not "blow up your account" with a bad trade.
Between 1990 and June 2000 the median hedge fund (there are not that many that started in 1990) had an annual return of 16.3% and max drawdown of 28.5% according to MORGAN STANLEY. Keep in mind the 2/20 destroys profits. (16.3%*1.25)+2% = 22.4%, and 28.5-2 = 26.5%. So what the median fund actually did I I did not mess it up was get 22.4% return a year and a max...
Introduction of Head and Shoulders Pattern Technical analysis is a necessary thing to select the positions of perfect entry and exit. For that, There are many patterns available for trading, the head and shoulders pattern is one of them. This article is all about the head and shoulders pattern. In simple words, this pattern includes three triangles. The first...
One of the amazing things about trading the financial markets is that it is the only industry where we “common folk” have the potential to EXPONENTIALLY grow our income day after day, week after week, year after year. All our lives, from opening up our first lemonade stand to landing our first job, we are taught to make LINEAR income: to exchange TIME for MONEY....
Gann theory has been widely used in various fields of finance. To learn to apply the Gann angle line, two problems need to be solved, namely, point selection and volatility. The question about volatility is in the Gann angle line. This article will mainly talk about the problem of selecting points. The selection point of the Gann angle line is generally selected...
Socrates famously said “The unexamined life is not worth living.” Why do we do what we do, why do we feel the way we feel about something, or what is our purpose in life? These questions brought about generation after generation of journals, diaries, and random thoughts from some of our greatest thinkers from Socrates himself, to Jonathan Edwards in early America,...
I hear alot about those and I see alot of ads and get e-mails for certain of those and I am stubborn and refuse to acknowledge the existance of something if they annoy me through ads but I was genuinely curious (that's what they want us to think) because to me "I'm a professional prop trader" sounds alot like "I'm a professional poop sucker". Is this prop trading...
Hello everybody and welcome, I hope you'll have a pleasant time reading this. And I also hope it'll somehow be useful to you. --------------------------------------------------------------------------------------------------------------------------------- Let's face it, your biggest enemy in trading is not the market, not the hedge funds, not the banks, it's...
Use Tradingview short-cuts to switch charts timeframe quickly without mouse clicking. When you have multicharts to watch different timeframe and maximum it,still can use tab/shift-tab to switch or reversal switch different timeframe.
Just thought I would create a quick video to show how easy it is to buy and sell stocks within Trading View. I use Trade Station as the broker - Note: You need to use the US Trade Station. I dont think the International Trade Station works with Trading View. If you would like to sign up to Trading View would be great if you could use my link so we both get $30...
On year 1 you were accumulating knowledge & playing around. On year 2 you were building a strategy and tweaking it and making it work. Then on year n=3 you spend the first months applying your strat correctly, making sure it keeps working. You are still looking for what works best what works less well, but there are no more major tweaks, it does not change much...
This illustration explains the functionality of TradingView's Long/Short Position Tool and is intended to help new people looking for more information on this tool in a "novice friendly" format. TradingView’s position tool will aid you in pre-planning and pre-evaluating trades and as such should be an essential part of every trader's toolkit . Note: At its...