I have on the wall next to my trading desk a list of 10 rules which I remind myself of every day. These are rules that I've come up with as a result of mistakes that I've made in the past. New traders often have misconceptions about what good trading looks like, or how a successful trader behaves. The barriers to getting into trading today are low, but the...
📖 Trading Journal is a crucial element in your trading education.
Even though the majority tends to neglect it, in fact, it is considered to be the essential part of a daily routine of a professional trader.
In this post, we will discuss why you should keep a trading journal & how it enhances your trading...
In this video, I have demonstrated how to create a simple web-hook which can send your Tradingview alerts to Telegram channel or group for zero cost.
⬜ Tools Used
▶ Telegram Messenger
▶ Replit - Cloud platform for hosting small programs
▶ Postman - To test web-hooks before going live (Optional)
▶ Cronjob - To set health-check and keep...
Lately many of you have messaged me about getting FOMO and entering trades without confirmations.
In addition you can't seem to “not” enter trades when the market hasn't shaped up to your strategy and entry criteria.
I am hoping in today’s educational video it can help some of you guys to get back on track.
I want to share 5 main pieces of...
Today I want to make this educational video on how to calculate your risk/reward in trading and investing in the cryptocurrency market.
Many newcomers in the industry are not aware of the importance of risk management. So today let's give out different examples of them on how to properly calculate the $, %, and setting the SL/TP.
This video is...
Hi traders, here we are on another workshop. Today I'll be sharing some of the points on differentiating skill or luck trading. Majority of the traders have absolutely no clue on are they doing the right things or not? Here's a few key points:
1. Winners and Losers
- If you are a skilled trader, you're someone who understand the probable and possible...
To trade the market profitably you need to have a plan.
A set of rules & conditions to rely on each and every time when you are searching for a trading opportunity.
A trading plan of a professional trader is very sophisticated. It consists of various different elements. The precision there is pushed to the...
The road to consistently profitable trading is hard and dangerous. This path can be split into three main milestones. Each of those requires discipline, time & patience.
📚The first step is your trading education.
Starting with a basic understanding of what are the financial markets & how they work and...
Bearish flag pattern is a classic trend-following pattern.
Being relatively simple to recognize, it is applied in various trading strategies.
⭐️ The pattern itself signifies the correctional movement after a strong bearish wave in a bearish trend.
After setting a new structure low, the asset starts growing...
That is the absolute fact:
95% of traders will fail.
Working with hundreds of struggling traders from different parts of the world, studying their trades & following their reasoning I found a lot of commonalities. In this post, we will discuss the top 6 mistakes to avoid to succeed in trading.
🤖 Rather than...
Many have asked me about demonstrating how to analyze the chart from complete scratch.
When looking at my chart and educational video, it all seems very simple, but many are telling me they are struggling to identify the market.
Today I will go over how I analyze the chart, from the Higher time frame down to lower time frame by using multi-time...
Hi Traders, welcome back to another workshop. In today's workshop, I will be discussing the importance of taking of both Trade Entries and Trade Exits.
Most traders put way too much attention into spotting the specific entry level. But the truth is, closing out a good position at the right time and at the right price make you money. You can have the best...
This is one of my favorite trades to make because of the outsized risk reward ratio that it can offer. We're talking 10:1 or better some days. We are going to look at an example of an opening range trade in the S&P 500 E-mini this past Friday, October 29, 2021.
What is the opening range? In the days of screen trading, the opening range can be considered the first...
Hi Traders. Here's a very impromptu topic regarding how do you know if you're doing the right thing or not. Often, most of us fail to differentiate whether are we making the right decisions or not, because of the outcome - profits. One main thing you must understand is that, trading the financial markets are all about the probable & possible. Short-term outcomes...
The smart rebalance strategy is a holding kind of strategy that works like the following:
The user chooses a certain number of pairs, an initial capital and a rebalance timeframe.
The capital is split equally between each pair. (ex. for 2 pairs: 50% on each).
On each rebalance timeframe (on the bar it happens), pairs balance who grew bigger than 50% will be...
HI Traders, here come another workshop on being prepared for any possible outcomes in trading. Whether you're a new or experienced traders, at one point, you'd definitely face some obstacles completely out of your comfort zone, where you're just stumbling without any clue on how to solve it. Here sums up 4 key elements on how to be in-control of any possible...
Hi traders, here we are on another workshop. In this workshop, I will be elaborating my personal trading journey with my sincerest opinion. Here are 5 stages you will go through becoming a Consistently Profitable trader
Phase 1 - Constantly losing big
• This phase is where your trading journey begin. You're filled with passion, your subconscious & conscious...
Hello traders, I'm making this post in order to help the community, most of you focus to much in technical analysis but let's take back to basics a put things clear.
Before continuing reading make sure to give a like this will help the community use proper risk management.
Let's talk about simple math : This is simply a conceptual series of 10
trades, taken one...