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Many have nothing or close to nothing. But everybody want to be rich.
We must start and do something. But we must have a strategy, and follow the plan. We dont wanna stress. We just wanna trade the big trends on 2D and relax. Become richer by the years.
The answer is COMPOUNDING with BTC!
Even students and newly funded families can become rich. The key is the...
A common method to lower your average as trend is working is to start a position and increase the capital of that position with new added and bigger capital as the trend moves toward the end. You will be profitable when the trend is reversing and in your positional favor.
After a pump comes a dump. After a dump comes a pump.
Finding bottoms is important to know trend reversal, when short domination ends and when to open a long position.
Notice the candle body size will differ from normal candle body size as the open close difference will be smaller. The close will shift and be higher than the open. Notice that the open will normally be exact price level as the close of the former...
It is important to look at the market systems such as reversal.
Certain universal law yields here:
For reversal UP, look for: One dip
For reversal DOWN, look for: Double (two) tops
After a dip comes a pump and after a pump comes dip, they say
After years of trading, I want to share with world and community golden rules that sounds simple, but still legit and effective. They work. Give them time and follow them and you will be amazed.
Rule 1: Do not play with money you cannot afford
Rule 2: It takes 3 months to be both patience and profitable
Rule 3: Always trade the 2D and higher
Rule 4: Buy low, sell...
Today we will study the real market charts and the define what is supply, demand and excessive demand on a chart.
My chart is self explanatory.
When market is demanding a product, the price often stabilize in a local volatile region (sideways). The volatility tells us that buyers WANT this product and the sellers willing to bargain on price. Thus it goes...
In this strategy we split our capital in two parts:
Part 1 (1st buy): 1/4th of total capital
Part 2 (2nd buy): 3/4th of total capital + remaining capital of Part 1 after -20% stop loss (80%)
The goal is to make an arbitrary buy at some suitable price level on any price chart and we believe that the price will continue to go up. In this case in order to make...
In today learning we learn bout good trades and bad trades.
The essential is:
There are many good trades
But here are also few bad trades - we need have strategy to survive bad trades to continue tomorrow as well, for instance stop loss.
With risk-return ratio, we can allow us to find strength of price so that it keeps go another let us say +2% from a certain...