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6 Things That Separate The Pro From The Amateur Trader!! Ben SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY 6 Elements of a Successful Trading Plan 1. Test The test is considered as the start-up element of the successful trading plan. It refers to the successfulness or failure of any currency involved. In most organisations, time is the primary driver for assessing execution. The assessment period is constructed with respect to the quantity of exchanges put and not by the measure of time passed. You should distinguish the correct number of exchanges for the assessment, however, this number should be sufficiently high that an individual has a nice example set, yet sufficiently low where it keeps you from going on a damaging exchanging. More elements will follow... Like, share, Comment and follow us to keep updated on our professional trading ideas and education :) Follow your trading plan, remain disciplined and keep learning :)
TVC:GOLDEducation
by SMPTrader
1
Achieve Financial Security through Self DevelopmentSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Achieve Financial Security through Self Development What skill set will you further develop over the next 90 days?What books will you read? What courses will you take? State specifically your personal development action plan for the 90 days...(your personal development is an ongoing process)............................ Strengths and Weaknesses 1. What are your skills? ................................................... 2. Do you tend to be compulsive? ................................................... 3. How much social contact do you need? ................................................... 4.Can you work by yourself day after day? Do you need other people around you? .................................................... 5.What are your psychological strengths and weaknesses? In terms of trading system development? .................................................... 6. Do you have deadlines to meet in your trading? .................................................... 7. And lots more.............................. Please let me know if you have any questions or would like to know more Happy trading :) "Invest 3% of your income in yourself (self development) in order to guarantee your future" Brian Tracy
TVC:GOLDEducation
by SMPTrader
How does Bitcoin work? | Introduction to Bitcoin and BlockchainIntroduction Bitcoin, the world largest digital currency, was launched in 2009 and currently reached a market cap of over 200 billion dollars. But still, most of the people don’t understand how it actually works, so this is why we are here. Unlike the fiat currencies that we are familiar with, owned or controlled by central banks, Bitcoin has no central authority. But what happens when I don’t have a central authority to verify that everyone is actually doing his job and following the network rules? How to prevent the double spending without the central group? How to automatically keep tracking of all balances and transactions? How it works: Bitcoin as a network runs on a protocol known as the blockchain. Each blockchain is unique to each individual user and his/her personal bitcoin wallet. To get a digital network we need accounts, balances and to make a transaction. Until now it is easy to understand. One big problem every payment provider needs to solve, its own name, Double Spending. The same amount spent twice, usually prevented and monitored by a central group, that keeps track on the balances. In a decentralized network, you do not have this group, so everyone who is related to the network has a job to do. All bitcoin transactions are logged and made available in a public ledger and must be verified by miners on the blockchain, helping ensure their authenticity and preventing fraud; prevent transactions from being duplicated and people from copying bitcoins. While every Bitcoin records the digital address of every wallet it touches, the bitcoin system does NOT record the names of the individuals who own wallets. Current status Satoshi Nakamoto was the first one, not only to answer all of those questions – but actually to make others thoughts into a reality. His system has been proven in achieving consensus without any central group. The confirmation is a critical concept in the cryptocurrency system. The transaction is known in the whole network almost in the same moment it placed. However, only after a specific time, it will be confirmed. It can not be reversed and it becomes officially part of the blockchain. The only one who can confirm the transactions are the miners, that’s their role in the cryptocurrency-network. They receive the transactions, verify them and spread them in the whole network. The miners get rewarded with a token of the crypto-network they are involved in, for example with Bitcoins in the Bitcoin network. New Crypto Course: readbtc.com Buy Bitcoin via Credit Card: readbtc.com Need a Plan? Get an Expert: readbtc.com
BITFINEX:BTCUSDEducation
by ReadBTC
Today's Lesson (#1) : Step out of reactional tradingToday I'll start the first of a new serie, I'll call them the "Today's Lessons". I'll make one whenever the market will have nothing to give in terms of actual trading. So instead of losing your time in from of irrelevant pricings... you'll learn something to get a little better in trading ! Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
BITSTAMP:BTCUSDEducation
by PRO_Indicators
40