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e-Learning with the TradingMasteryHub - Growth is "simple"🚀 Welcome to the TradingMasteryHub Education Series! 📚 Looking to unlock consistent growth in your trading? Today, we’re diving into a powerful yet straightforward formula that many overlook. Growth isn’t magic; it’s a process that involves discipline, patience, and following a few key principles. Let’s explore seven strategies that can lead you to consistent success. 1. Get Rid of the Idea that You Can Calculate Profit It’s time to rethink profit calculation. Many traders rely on risk/reward (R/R) ratios to estimate their potential profits, but the truth is, you can’t predict how far the market will go or how volatile it’ll be on the way. Setting a profit target can actually work against you. Your brain becomes fixated on that goal, which can cause you to make irrational decisions, like holding on too long when the market is telling you to exit. It’s more likely that you’ll lose out by not taking profits before reaching your target than by missing an extended move. Instead of trying to calculate profit, focus on managing your trades as they unfold. No one knows where the market will go, but you can follow the price action and let it lead you to bigger gains than you initially expected. 2. Always Use a Stop Loss The stop-loss order is your best friend in trading because it’s the only thing you can control. A stop loss does more than protect your capital—it measures your discipline and ability to stick to a plan. It helps you stay aligned with your risk tolerance (what I like to call your “bud meter”). Set your stop loss at significant areas in the market. The best place to put it? Where you’d place the opposite trade. For example, if you’re buying, put the stop loss where a sell order would make sense in the current market context. This prevents you from being stopped out prematurely and ensures you stay on the right side of the momentum. 3. Add to Your Winners, Cut the Losers Adding to winners is a game-changer. Most traders fade out of winning trades too quickly because they fear giving back profits. But by adding to positions that are moving in your favor, you’re compounding your success. Don’t worry about getting in at a higher price—if the market is showing strength, it’s a sign to follow. Let’s look at how most traders handle a winning trade: - They take small profits at 1:1 R/R ratio, move their stop loss, and try to let the rest run. - But in doing so, they lock in limited gains and miss out on the bigger move. Now, here’s what the top 10% of traders do: - Instead of scaling out, they add to their winners at each significant level. - By adding small positions as the market runs, they compound their gains, allowing the trade to grow much larger than initially estimated. This approach not only maximizes your gains but also lowers your risk on each successive entry. 4. Only Trade in Trend Direction Trading with the trend is like surfing—catching the wave takes you much farther than paddling against it. In bull markets, overhead resistance zones are often broken, just like support levels in bear markets. These trends are driven by large institutional players, like hedge funds and banks. Retail traders only make up a small fraction of the market, so swimming against these currents is a losing game. About 20% of trading days in major indices are strong trending days where the market moves in one direction all day long. To take full advantage of these days, you need to add to your winning trades as the trend progresses. 5. Seek the "Brain Pain"—It’s a Sign of Growth Your brain is wired to avoid pain at all costs, and this can be detrimental to your trading. Most traders scale out of winning positions too soon because their subconscious is trying to protect them from the fear of losing profits. On the flip side, they’ll add to losing positions, convincing themselves that they’re getting a “discount,” even when the market shows otherwise. To become a winning trader, you need to train yourself to embrace discomfort. This means adding to your winning trades, using stop losses that you can stomach, and cutting losses as soon as your brain starts to rationalize bad decisions. Losing should never bother you—it’s part of the game. What matters is your overall growth and consistency, not avoiding pain in individual trades. 6. Don’t Do What 90% of Traders Do—Be the 10% Want to be in the top 10%? It’s simple: avoid the mistakes of the 90%. Here’s how: - Always set a stop loss. - Add to your winners, don’t fade out. - Cut losses before they snowball. - Trade the market, not your account—don’t take revenge trades to “get even.” Focus on what the market is showing you, not what your account balance says. The market doesn’t care about your profit target. It only cares about price movement, so align yourself with it. 7. Analyze Your Trades, Not Just Your Results The best way to grow as a trader is through post-trade analysis. Screenshot your charts, mark your entries, stop losses, and exits, and review them daily. This helps you identify both technical and psychological weaknesses in your trading. Think of it this way: if you had a business partner who consistently made poor decisions, you’d fire them eventually. Be your own business partner, and change your behavior if it’s not delivering results. 🔚 Conclusion and Recommendation Growth in trading is a simple formula: get rid of fixed profit targets, control your risk with stop losses, add to winners, and cut your losers. Follow the trend, embrace discomfort, and don’t fall into the traps that 90% of traders do. Analyze your trades with an honest eye, and over time, you’ll see steady growth. Success in trading isn’t about perfection—it’s about discipline, consistency, and continual learning. --- 🔥 Can’t Get Enough? Don’t Miss Out! Subscribe, share, and engage with us in the comments. This is the start of a supportive trading community—built by traders, for traders! 🚀 Join us on the journey to market mastery, where we grow, learn, and succeed together. 💪 💡 What You'll Learn: - Essential growth strategies in trading - The psychological edge to outperform others - Practical tools for trading success - And much more!... Best wishes, TradingMasteryHub
EURONEXT:RMSEducation
by TradingMasteryHub
1
Why we're bullish on $BTC despite weakness over the past weeksThe INDEX:BTCUSD ATH can act as a strong key level, being strong resistance when price is under it and strong support when price is above it. Regardless of what the current market factors are at play now, we know one thing for sure, Bitcoin's break of ATH has without fail been a strong indicator of a bull market every single time since it's inception. Now this does not mean that once we cross the ATH this means we are going straight the moon, we have to remember that a bull market is supposed to last for months, not weeks. What we are seeing now on Bitcoin is not an up-trend or a down-trend, it is a consolidation at it's previous cycle's ATH. Many investors and traders were probably thinking that once Bitcoin passes it's ATH, the asset magically becomes super bullish and that investors will never see a single red candle again for the next year. This however, is untrue as seen on the charts recently and also during previous breaks of ATHs. From a statistical POV, the break of the ATH on Bitcoin is bullish, and that the price can continue to consolidate further before making it's way up, this is completely normal and the best move sometimes, is to do nothing and just be patient. We continue to be bullish as per our Crypto Bull Thesis and we will continue to send updates on the crypto market.
INDEX:BTCUSDLong
by AlgoAlpha
How to Trade Trends the Right WayHow to Trade Trends: A Comprehensive Guide Trend trading is a fundamental strategy for many traders, offering the potential for significant profits if executed correctly. However, mastering trend trading requires more than just following a single indicator. In this guide, we'll explore the intricacies of trend trading and how you can enhance your strategy for better results. 1. Utilize Multiple Indicators Relying on a single indicator to gauge market trends is like trying to understand a story by reading only one page. To get a comprehensive view of the market's direction, you should use multiple indicators. This approach can help you confirm trends and avoid false signals. Some popular indicators include moving averages, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index). By analyzing these indicators together, you can get a clearer picture of the market's momentum and make more informed decisions. 2. Infinite Nature of Trends One of the most important concepts in trend trading is understanding that trends, by nature, are infinite until a clear trend change is identified. This understanding shifts the focus from setting arbitrary take profits (TPs) to managing trades with dynamic stop losses (SL). Instead of trying to predict where the trend will end, adjust your stop loss to subsequent swing highs or lows. This method allows you to stay in the trade as long as the trend continues, potentially capturing larger gains. 3. The Benefit of Longer-Term Trends While it may be tempting to trade on shorter time frames for quick profits, longer-term trends often offer more substantial rewards. A trend that exists on a daily or weekly chart is less likely to be disrupted by short-term volatility. Although these trades may require more patience, they tend to exit less frequently, allowing you to ride the trend for greater potential profits. Exiting a trend too early or trading on a system that changes signals often can result in missed opportunities and reduced profitability. 4. Strategies for Lower Timeframes For traders who prefer lower timeframes, the high volatility can make trend trading challenging. One strategy is to use the underlying trend from a higher timeframe as a bias and apply mean reversion strategies on the lower timeframe. This approach involves entering trades at a discount during an uptrend or at a premium during a downtrend. By aligning your trades with the overall trend direction, you can improve your chances of success even in a volatile market. Combine multiple indicators for a comprehensive analysis. Understand the infinite nature of trends and use dynamic SL. Focus on longer-term trends for greater profit potential. Use mean reversion strategies on lower timeframes with an overall trend bias. "Trade the trend until it ends." In conclusion, trading trends is more art than science, requiring a nuanced understanding of market indicators, patience, and discipline. By using multiple indicators, adjusting your approach based on the timeframe, and managing your trades dynamically, you can enhance your trend trading strategy for better results. Remember, the key to successful trend trading is not predicting the market's every move but rather managing your trades in a way that aligns with the overall market momentum.
Education
by AlgoAlpha
3
GBPUSD: Potential Corrective Structure or Technical reboundFrom a technical point of view, FX:GBPUSD pair is approaching a very important support area in short term, if from here some Reversal Pattern will form on intraday chart, it is possible to try to take a long position. If the pair will not form a corrective structure, at least a technical bounce should appear. Be careful, the trend is bearish, do not take a position if a clear signal (Pattern) does not appear, follow us. Trade with care Like | Share | Comment
Long
by TheAnonymousBanker
11
Dollar ShortAs noted last week I'm watching the dollar for the short position trade, I'm going to put on an entry here off the daily. Quarterly: - 10 year down trend turning into a flat market. Monthly: - Basically a year and a half of straight down with no healthy correction to speak of. - 500 pips from 2 year average. Weekly: - 3 pushes overshooting the original trend. Most recent swing has stepped up back into the range. Daily: - Notice the parallel channel drawn off the most recent lower lows of this action. - Notice the failed breakout of the top side resulting in the most recent lower low followed by a step up. - Momentum swings on the most recent price action worth noting. - Notice how the top Keltner channel is well outside of the the top price trend line but well within the bottom? I suspect we might be at the turning point here.
Long
by Chad_McDeid
UPDATE: UNI UP 43% after bullish daily signal.UNI pumped 43% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish. The RSI is in the bullish zone at 63. If we take a look at the Average Directional Index ( ADX DI) its bullish. The +DI (Green Line) is above the -DI (Red Line). While the Trend Strength is becoming stronger. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line). Currently UNI is also above its Bollinger Bands Middle, Band Basis 20 Period SMA. Which is a bullish sign as well. Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off. Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
by Kch28
5
ABB @ 27 DEC 2021Text me if you have any questions/comments for me. ----- ABB - After hitting an overhead resistance zone (orange highlight) at 5.10-5.50 levels, stock has retraced back to support zone (blue highlight) at 4.40-4.60 levels - Short-term average has crossed below (red circle) the mid-term average –> not a good sign - Stock has been trapped in a sideways movement for almost 4 months - All the indicators that I’m using is saying that the stock is not a good pick for a mid-term hold - If stock can rebound above the moving averages, the support zone will be a strong place for possible future collection - Any break below the support zone is pretty much game over for the stock - Strategy-to-buy (DYOR) – Wait for HH and HL formations
ASX:ABB
by Jerm88
2
ASX 200 @ 1 Dec 2021Text me if you have any questions/comments for me. ----- In the last Market Watch analysis done on 2 November (red dash line), I wrote that I would avoid the big caps (eg. Blue Chips, ASX 200 constituents) while being more selective with my purchases. Since then, the ASX 200 tested and failed to break the 7450 resistance and is now falling towards the strong support zone near 7200 levels (orange line). The ASX 200 previously rebounded from this support zone and another rebound would be good. The index is also testing the long-term average. Judging by its historical performance, I can’t say that the long-term average is a very strong support. Since 1 Dec 2017 (blue dash line), the ASX 200 has only rebounded of the long-term support 2 times (blue arrows). The red arrows were when the index was rejected by the long-term average. This does show that the index does at least respond to long-term average – albeit not often as a support. The red thumbs downs were periods when the index just fell through the long-term support. My huge concern is whether the ASX 200 will fall below the 7200-support zone. If it breaks this support, the overall market will likely be in a world of pain for at least a few weeks. The US market hasn’t really shown convincing signs of a strong rebound. If a strong retracement takes place over the coming days in the US, I have a strong feeling that the ASX 200 will fall off the support that it is sitting on. Our best-case scenario is that the US creates a new all-time high in the next couple of weeks and the ASX 200 will take the hint and slowly rebound again. With the integrity of our politicians being called into question and the federal election happening in less than 6 months, the markets will continue to be in state of flux. Rising inflation and potential Omicron scares will continue to disrupt the economic recovery. In last Saturday’s FB livestream, I explained around the 17-minute mark how the US and Australia markets’ movements is signalling that there is a lack of confidence in the ASX market. Personally, I have reduced my trading portfolio from 6-8 stocks down to 3 stocks. I’m increasingly being more selective in my purchases as sometimes, doing nothing in the market is a form of capital preservation. How about you? Are you optimistic or pessimistic on the ASX market over the coming 6 months? Are you aggressively buying now or waiting for stronger rebounds or retracements?
ASX:XJO
by Jerm88
TLS @ 18 NOV 2021Text me if you have any questions/comments for me. ----- TLS - Previous analysis was done on 23 Sep (red arrow) - Suggested waiting for a successful breakout of $4 resistance before plotting entry - Since then, the stock retraced back to re-test the 3.70 support levels and slowly rebounded - Today, it successfully broke out with above average volume - Next overhead resistance looks to be around 4.50 levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest plotting entry if believe the stock can have a sustained breakout
ASX:TLS
by Jerm88
KAR @ 18 NOV 2021Text me if you have any questions/comments for me. ----- KAR - First time doing an analysis on KAR - Stock doesn’t have a good history of uptrends - The good uptrend only started during the covid pandemic in March 2020 - The recent retracement back to the short-term support could provide a good opportunity for entry - A successful rebound look to be around 1.88 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
ASX:KAR
by Jerm88
1
IMU @ 18 NOV 2021Text me if you have any questions/comments for me. ----- IMU - Previous analysis was done on 4 Oct (red arrow) – suggested waiting for a successful rebound around 47.5 cents before plotting entry - Since then, the stock has created a new high, retraced, and looks to be rebounding off the short-term support - If have taken the entry suggestion, you should be having roughly 19% gains in roughly 3 weeks - A successful rebound look to be around 60 cents - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
ASX:IMU
by Jerm88
CMM @ 18 NOV 2021Text me if you have any questions/comments for me. ----- CMM - Previous analysis was done on 2 Nov (red arrow) – suggested plotting entry at 2.65 levels if believe the stock can create new all-time highs - Since then, the stock created a new all-time high and looks to be retracing back to the short-term support - If have taken the entry suggestion, you should be having roughly 7% gains within 2 weeks - Today’s retracement looks to be providing another nice opportunity for entry - A successful rebound would be when the stock recovers to around $3 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
ASX:CMM
by Jerm88