Another Musk tweet - People pointing fingers and crying. If a tweet is an indicator, then it might be worth choosing another sport.
It's scary to see social media posts about "i've lost this, that and the other" Musk - was only a short time ago, the Super Hero. It's funny how that changes when it's not with people agree with.
Plain and simple - Risk management is key, your own due diligence.
Make yourself sheep and the wolves will eat you.
Benjamin Franklin
For those of you unfamiliar with Wyckoff - he speak of the composite man, specific schematics for distribution and accumulation. These are designed to play with retail traders, although a lot is done to themselves. Human psychology plays a huge part in trading, fear, greed, passion. The desire to be right, you wonder why you let losses run and take profits early? The green numbers over red, trigger this emotion.
Brokers & Billionaires are not there to make retail traders rich.
Elliott methods (100+ years old) shows that a wave 4 correction move is similar to Wyckoff, whereby it's aggressive, one way and then the other, it's slow and painful (2 can also be like this) but 4 you see more often.
Everyone is a genius in a Bull market.
In the stream from today (here's the link)
www.tradingview.com/...dS8REs-AAjiIlfn5ndc/
I spoke about some other scenario for ETH (only an option) but worth keeping in mind.
If you ever wondered what the composite man looked like - see the main image!
Enjoy the weekend!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
It's scary to see social media posts about "i've lost this, that and the other" Musk - was only a short time ago, the Super Hero. It's funny how that changes when it's not with people agree with.
Plain and simple - Risk management is key, your own due diligence.
Make yourself sheep and the wolves will eat you.
Benjamin Franklin
For those of you unfamiliar with Wyckoff - he speak of the composite man, specific schematics for distribution and accumulation. These are designed to play with retail traders, although a lot is done to themselves. Human psychology plays a huge part in trading, fear, greed, passion. The desire to be right, you wonder why you let losses run and take profits early? The green numbers over red, trigger this emotion.
Brokers & Billionaires are not there to make retail traders rich.
Elliott methods (100+ years old) shows that a wave 4 correction move is similar to Wyckoff, whereby it's aggressive, one way and then the other, it's slow and painful (2 can also be like this) but 4 you see more often.
Everyone is a genius in a Bull market.
In the stream from today (here's the link)
www.tradingview.com/...dS8REs-AAjiIlfn5ndc/
I spoke about some other scenario for ETH (only an option) but worth keeping in mind.
If you ever wondered what the composite man looked like - see the main image!
Enjoy the weekend!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Discord Server for education and advanced techniques: discord.gg/5t3w47raHe
Master the Art of Trading: amzn.to/3nUfB9r
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Master the Art of Trading: amzn.to/3nUfB9r
Prop firm partners (FTMO)
shorturl.at/hBEQ4
