One important thing when day trading or scalping is risk management . To find the good balance between risk and reward .
So I compared the same strategy with and without Safety Orders.
Here's an idea explaining how safety orders work if you didn't know:
The strategy used for this example is a daily pivot & consolidation breakout.
Before I explain the...
Hey traders,
Being a full-time trader & running a coaching program for the last three years, I met hundreds of struggling traders from different parts of the globe.
Guess why the majority of them could not make it? What was the main reason for their bad luck?
It wasn't their trading strategy, nor their technical analysis. The source of their failure was the...
This idea involves using the VIX as an indicator to predic when market corrections on the SPX will take place. Timing exists can be a great way to protect profits and increase cash reserves to capture the next bullish run.
Dark pools of liquidity are private stock exchanges designed for trading large blocks of securities away from the public eye.
They are called "dark" because of their complete lack of transparency, which benefits the big players but may leave the retail investor at a disadvantage.
It all started with a need for big institutions to get their trades executed with...
Educational Video On Trade management,
Tribute video to my 700 followers on Trading view
Key concepts of this article were taken from the book “How to Make Money in intraday trading”, Guru Ashwani Gujral, which is a very nice book for new traders.
Financial Ratios help you evaluate a company. Most financial ratios will show you how much money you're paying for a specific piece of the business. Let us give a few examples:
Price-to-Sales Ratio = Market Cap / Sales
The Price-To-Sales ratio or PS ratio tells you how expensive a company is relative to its total sales. The formula is calculated in two...
Many traders - especially beginners - rely on others to tell them what stocks to trade and when to place their entries and their exits.
What I want to show you is not so much how to trade or what strategy to use, but once you have found a strategy that YOU like, how to set up this strategy in TradingView and get automated alerts when a stock meets your...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis!
One of the USPs of Blockchain technology is ' Decentralization .' It means that no single entity or organization has the power to influence or control the network.
Decentralization is rapidly picking...
Hello traders, in this post, we will be talking about how to trade using the Ichimoku Cloud. This is one of the most common, yet very effective and unique indicators to date and is prized by many traders as it foreshadows possible support and resistance levels.
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What is the Ichimoku Cloud Indicator?
The Ichimoku Cloud indicator is an extremely versatile...
Simple Moving Average
The origin of inventing the Simple Moving Average (MA) is not clear. Although, some of the first documented cases of its use date as far back as the early 20th century. Implementation of moving averages in technical analysis is one of the most successful methods of identifying trends. Moving averages are simply constant period averages -...
Good afternoon everyone!
Just wanted to examine how gamma affects the markets, how you can use it in your own process, and an interesting dynamic that has been playing out in the S&P over the last few months.
Cheers!
This is just a simple observation. Don't really have time to go too in-depth with this one, but this is a substantial deviation from the prior cycle. This time, it appears Ethereum and other altcoins are leading the market. This makes sense, since Ethereum has numerous applications and investment vehicles within its own ecosystem. Bubbles within bubbles. Even so,...
DAY TRADING RULES & TIPS THAT WORK
DAY TRADING RULES BEFORE YOU EVEN START
1. DAY TRADING IS NOT A FORM OF INVESTMENT.
Day trading is not a form of investment. It is not part of the stock/bond portfolio that you have for retirement.
Day trading is a risky business, and you stand to lose everything if you fail.
You must accept this fact before you start day...
Running a strategy with a proven edge has me comfortable mentally on how a trade plays out, Be it a stop out or a take profit target met.
Also automating those proven strategies and just letting them be helped with my mental state as a trader.
Trade alerted 17:45 this afternoon and has been close once to TP.
I didn't know this I was in the garden enjoying...
In this video I break down my thoughts on the stock market as well as share with you guys my watchlist for this week. If you like this video, please make sure you like and subscribe, I really do appreciate it. Also please note that this is not financial advice. Good Luck!
My Watchlist:
www.tradingview.com
Hey traders,
There are multiple different ways to measure the strength of the market reversal from a key level:
✔️some traders apply volumes and look for its sudden spike as a confirmation,
✔️some traders rely on some indicators and look for a particular trigger there as the signal,
✔️some traders, like me, follow the candlesticks and make their judgments...
Both holding & not holding don't make sense.
Definitions:
- Holding = try to hit "homeruns" every time
- Not holding = snatching profits at target (not before, that's just being a huge noob)
Assume winners 5 times bigger than losers on average: 5R.
And the winrate is of 20%. So that's a PF of 1.25, all good.
To keep it simple there is no trailing until...
Yes, this is risk management.
Without proper risk management, your trading strategy based on levels, indicators, patterns, etc.will not make any sense.
Any trading strategy should be supported by strict risk management, where the maximum allowable losses per transaction and the risk ratio are observed:the profit is always more than 1/2.
You don't have to be...
![SPY: Weekly Watchlist 12 September [Stock]](https://s3.tradingview.com/j/JQXnuqbI_mid.png "Weekly Watchlist 12 September [Stock]")
