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Fear

The Hard Truth About Trading 😅 Well, that is just a joke. Or not a joke? In every good joke, there's a sliver of truth... So many people blew their trading accounts in a blink of an idea chasing the profits, so many people went bankrupt practicing leverage trading... Do not be that guy in a picture. Be a true trader! Never forget about risk management and don't be greedy. Never let your emotions control you. Stay calm and humble while you trade. Have a great weekend! ❤️Please, support these drawings with like! It really helps!
Education
by UnitedSignals
3
CTS- #AUDJPYThis analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual. The author of the analysis specifically disclaims any responsibility for any personal or other loss or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this analysis.
Long
by CaliforniaTS
Short Of The Week My weekly position! Going to short ( buy puts I should say ) Planet Fitness Technicals & Fundamentals support a decline in value of this stock short term and I am very excited to explain my findings, beliefs, & trading strategy. Technical Analysis: I. Candle stick analysis II. MACD shows growing bearish divergence/ weakening bullish divergence III. Elliot wave shows that the second wave has been completed & the third descending wave is about to form ( opposite could happen if stock rises which is unlikely ) IV. Guth 3x Confirm shows a sell band as well as price & volume trending downward with stronger selling to come based on the red line. V. Visible range shows high levels of trading as low as $73 a share which is close to where our lower low could be ( $70 ) Fundamental Analysis: With the Delta variant of Covid-19 this could increase fear and make investors weary of buying planet fitness, there is plenty of room to sell off based on the technicals and selling volume has the potential to increase significantly bringing us to the true trading range of $73. My Plan What I will personally do is buy my puts for PLNT to hit $72.50 expiring 9.20 & will attempt to profit off the dip in a day trade or week long hold depending on price movement and trends. Your thoughts matter! I love reading everyones comments on my publications and would love to see your thoughts on my analysis as well as your thoughts on the short term future of Planet Fitness. Hope to hear from you all and anyone attempting to make a trade based on this analysis take extreme caution as I have been making lots of inaccurate calls/puts lately. I do have a track record of being right and have almost 600 followers to back me up so I am not giving up and am looking forward to taking over this market again.
NYSE:PLNTShort
by Myantman101
1
Classic Wyckoff Accumulation playing out.Noticed a perfect example of a classic Wyckoff accumulation playing out on the 6H, and wanted to do an explanation of how instructional investors and whales define support and resistance zones and use them to shake out retail investors during accumulation. The Wyckoff method plays out in every market that has institutional investors. Once defined, understanding it is a powerful card to have in your hand when you're trading. You'll notice from the volume profile on the right that the price action stays within defined support/resistance levels. That's because the big buyers set the levels. This $31,500-$40,500 range is also the defining volume range in the distribution leading up to the ATH, making it a substantial level of support over the long term. Reading volume is important when doing Wyckoff analysis as it will definitively tell you whether a move is false or not. Note that the uptrend in Phase D & E are for illustration. We may still have some bear market to come, but we are at the strongest region of support since the start of the bull run, so we may be turning around. Understanding the psychology of greed and fear is important as well. Greed is the driving force of large investors to shake out smaller retail investors during uncertain market times. It works because retail investors tend to trade on emotion, becoming fearful when a large price drop takes place. Institutional investors can ignore emotion and and simply stick to their targets as they have a much larger financial cushion and the ability to act as market makers on a larger scale. Once you understand the psychology of fear and greed in markets and how volume can be used to confirm price action, you can stop being fearful, stick to a strategy, and begin trading with the market movers instead of against them—as more often than not this is a losing battle.
by HeyJonBray
Bitcoin - Mandy's CreationGood evening my friends, I named this Mandy's Creation because it was her who picked the color theme for this post! The chart explains most of it, but to sum it up, we still have heavy bearish signals and I do not expect the price to pump back up just yet. The same way it looked earlier today that it was gonna go up and we came to a lower low, we can look like hell tomorrow and go up, anything is possible. But to push back up to anywhere near $60k we must have some of these TF turning up again. Specially the 3D that just started and isnt even thinking about turning back up. Lets see what the new day brings with a new 4D & 8D as well. Trade thirsty, my friends!
BITSTAMP:BTCUSDShort
by mr_willmedina
Fear&Greed index is extremely low, Will 20 weekly EMA save us ?Fear and Greed Index is at extreme fear now at 20, and it will go lower most probably by the close of today. I am longing BTC heavily now with a stop low below 20 Weekly EMA at 45,000 if we close daily below it. 20 Weekly EMA has been supporting BTC for the previous bull market , and with this very low Fear and Greed index , it makes so much sense to buy now. ( Buy with others are fearful , Sell when others are greedy ). Let me know what you think , Will the 20 weekly EMA save us this time too , or this is the end of bull market ?
COINBASE:BTCUSDLong
by madyanmalfi
6
Nasdaq Falls on Mounting Inflation Fears The Nasdaq composite took a sharp dive yesterday as tech stocks continue to reel from growing inflation fears. The newly developing downtrend is likely to probe even lower in the near future as the global recovery heats up. This downtrend is emerging from the Double Top pattern just above the psychologically significant resistance level at 14000.00. Moreover, the breakdown occurred from an Ascending Wedge pattern, making it an even more prominent bearish movement. The price action went on to break down below the resistance-turned-support level at 13550.00, which represents yet another major bearish indication. Notice that the initial breakdown (below the Wedge) was held back by the 100-day MA (in blue). Afterwards, the price action established a throwback to the lower end of the Wedge from below. Once the downturn was renewed, the price action penetrated below 13550.00 and is currently testing the 200-day MA (in orange). This floating support represents the last potential turning point for the downtrend, making it a last resort for the bulls. Unless a major rebound takes place immediately, the price of the Nasdaq may fall as low as the next major support at 12800.00, or even the 23.6 per cent Fibonacci retracement level at 12284.99, before the IXIC finds the necessary support. At present, there doesn't seem to be any potential catalyst in sight that could prompt such a rebound.
NASDAQ:IXICShort
by Trendsharks
Most common mistakes in tradingHello my friends today i want to talk with you about most common mistakes in trading from my experience (any market but specially in crypto) And after reading this i hope you will avoid them 1- Not Patient Enough : I think this is one of top major reasons for failure in cryptomarket Most newbies in this Field are thinking they will be rich in few days thats completely wrong ...Any old trader here will tell you how the patience will paid off 2- More Than You Can Afford To Lose : only risk what you can afford to lose ... more than that will lead to alot of mistakes and you may close your position after any small drop before reaching stoploss point and thats wrong my friends 3- Not Using Stoploss : Stoploss is important but i recommend manual stoploss by candles closing not automatic one to avoid manipulation in market.. if you dont know difference between manual and automatic read my previous idea about it 4- Over Trading : Alot of trades every day wont make more money ...instead, it will make you more stressful and staring at charts all day resulting in more mistakes 👉Fewer in numbers and higher in quality trades per week or even month are enough sometimes best thing you can do is not trading at all when market is uncertain 5- Emotional Trading : Both fear and greed play big role in the market movement When you see most of people are greedy you should start taking profits partially ..and also try to avoid selling during panic sells 6- Revenge Trading : Like using all wallet to buy one coin (all in) or doing high leverage postion to recover losses fast usually end in liqudation or big lose and leaving market completely This market need you to be flexible 7- Ignoring Your First Plan alot of very good plans and managements from start but you continusoly change it by listening to other random people opinions trust in your self and trust in chart no problem from taking advices from more experience people but you should trust in yourself first by have your own view and own plan How many mistakes you find yourself doing it ...choose the number from above and tell us in comments
Education
by Babenski
43