Hello, friends! I'd like to discuss with you the situation of our failures in trading. What causes them and what to do about them in the future:
1) Traders that go into the market don't accept the risk they are putting on when they get into a trade. Traders who trade based on their PnL and not their strategies. Traders who are afraid to take a loss and see red in...
The Moving Average (MA) is a widely used tool in various markets. In simple words, Moving Averages (MA) are extra lines on the price chart of an asset. They look similar to the price chart but appear slightly delayed and smoother, without the ups and downs.
Moving Averages in Crypto.
Crypto and Moving Averages
In the world of cryptocurrency, we pay close...
Hello everyone! Today, I'd like to share some insights on how NOT to approach trading and thoughts on how to do it right. This short article was prompted by a memory from 2018, a time when the market experienced significant drops.
Don't buy into price drops without understanding where the last short or areas of interest will be.
1.Trade possibilities and...
Hey there, folks! Today, I'm gonna talk about how you can use trading volume to make your trading strategy even better.
Previous article you can check by this link:
How can trading volume influence your trades?
The Momentum Rule: When there's a substantial volume during an upward trend, it will indicate that the next move could potentially continue in the...
Hello Traders! Today we will discuss trend lines and how to use them in trading. Let’s talk about it!
You can find the previous article by following this link:
Trend Lines: What are They?
Here is the chart for an example. There are 3 points we can reference and formulate a strategy for entry.
Now, let's explore a scenario with a descending timeframe.
We...
Hey folks! My friends ask me how to work with support and resistance zones. And I decided to write a few articles about it. It is the first part of the post about that theme.
One of the most important knowledge I use is identifying support and resistance levels. These zones on a chart give me a clear edge in developing a winning trading strategy.
Crypto...
Hello, everyone! Today, I would like to share my trading methods with you.
80-90% of the trading work is having the right mindset. The rest comes down to algorithms, strategies, and market phases.
What helps me stay on track?
Mental hygiene . I don't look at other traders' charts until I conduct my analysis. That allows me to create specific neural...
Hello everyone! My friends have asked me to compile a list of actions we should take during a bull market, and that's what this post is about. Let's get started!
First Criteria:
First and foremost , I try to pick solid coins with a market cap of over 1M. I use the Binance Exchange screener. It enables me to track coin volatility over 24 hours.
Next, I keep an...
