Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on BTC, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your...
Hello traders:
Lately there are more and more newcomers in my community,
and some are not quite familiar with risk management, especially when it comes to calculating R:R based on 1% of your account size.
Risking 1%, simply means risking 1% of your total account size.
For example, $1000 account size, is $10 per risk at 1% of trading account
$100,000 account...
Hello traders:
Today I want to discuss an important topic on long term sustainability.
It is no surprise that trading any financial market has proven to be difficult, and stressful.
Many new traders come and go so fast in the industry, and it's often due to the wrong mindset, trading plan, risk management and expectations.
I want to focus on the psychology...
Hello everyone:
Today I want to share my personal daily routine in trading.
Many have asked me about how a typical day of mine would be,
and I have no problem sharing that with everyone in hope to provide some examples on how you can construct your own day as well.
It's important to know that each person is unique, has different priorities, business, jobs,...
Hey Traders,
Most traders battle it. I myself had to progress past this in order to achieve consistent returns trading the markets. It is seen as one of the hardest challenges to pass in terms of emotional discipline. Understanding yourself better so you can make decisions in a calm, composed and consistent manner is crucial to success.
Today I wanted to...
Hello traders:
Today let's talk about “consistency” in trading.
Many traders understand they need to be consistent, but what exactly is consistent in trading ?
To me, it's not just making consistent “profit”, rather it's being consistent with your trading strategy, risk management, trading psychology, mindset and emotion.
Let's take a look at a few examples...
Hey Traders,
Massive week this week fundamentally for the Forex market. 3 big interest rate decisions being released so I thought there was no better time than now to have a chat about what it is, what it indicates and finally, how traders profit from it. Fed and BOE almost guaranteed to hike rates, RBA is sitting unsure.
Have a watch of the video and I am more...
Hey Traders,
Today I wanted to follow on from the fantastic amount of comments that we are receiving from the previous video, "stop strategy jumping." It seems that so many of you took a whole heap of value from that video and for that I am very thankful and to everyone who reached out and told their story or let me know that it really touched them.
As highly...
Hey Traders,
This one is going to be a little bit different, a little bit deeper and a little bit harder to listen to rather than usual technical analysis. I recommend you sit down and listen to this. Have a think whether it relates to you or whether you found yourself in this position, or even if you've gone through this position and share your experience on...
Today I'm going to be looking to something a little bit different than our normal analytics!
We're going to dive into the tradingview screener! The Forex Screener specifically, but everything I do talk about does also apply to the crypto Screener and the stock Screener. What I want to explain is how I use it to find pairs, stocks and cryptos which are setting up...
Hello traders:
Recently I received many messages from traders about taking many losses during this uncertain time.
What's going on globally right now may have a different impact on all the different markets.
Many have told me of your frustration, stress, and negative emotion on losing money and continue to feel defeated.
Today I will explain a few things that...
Hello everyone:
6 points I like to share on what you should consider in trading to make it as a career.
1. Trading is not a get rich quick scheme
Contrary to what social media, scammers, fakers and fake trading gurus want you to believe, trading is NOT a get rich quick scheme.
Those who believe such usually end up over trading, over leverage, blow accounts and...
Hey Guys!
I just wanted to post a quick tutorial on how to find legitimate Head and Shoulder patterns.
In this lesson, I explain the 5 rules that a Head and Shoulders pattern must abide for it to be legitimate.
Here's the rules:
#1 Both necklines must be parallel.
#2 The main neckline cannot be broken out of surpassed before the right shoulder's price level...
The "Fear Index" of Bitcoin COINBASE:BTCUSD is rising both statistically and on my social media. I'm fielding a lot of questions today from people that thought THIS was the bounce (from the 36k support) and leveraged up to the ta-ta's. The question they should NOT be asking is, "when will it reverse?" The question they need to be asking is... "how much is...
Thanks to @wolneyyy for the reminder as I haven't looked at TradingViews Heatmap tool for a little while, but they are such a cool way of easily being able to find Crypto currencies that might be performing well against the market over different time frames.
If you haven't seen them before do have a look. Super super simple way to spot opportunities in the...
The TradingView Screener is probably one of the most powerful bits of functionality in TradingView and possibly one of the least used or understood.
This video is just a quick one to show you how you can save your columns (left drop down) and filters (right drop down) once you have them set up the way you want.
You can clear any existing filters by clicking on...
HI Traders, welcome back to another workshop. In this workshop, I'll be sharing my thoughts on various considerations before becoming a full-time trader.
Most people begin their trading journey with a mindset of "How can i get rich quick?".
It is often just a matter of time where reality hits them awake, then they'll notice that trading isn't an ATM. Instead, it...
Hi Traders, here we are back at another workshop on " What Causes Reversal? - Understanding the Logic ". In this video, I will be explaining some of the logic behind the charts, and dive into the basic logic of what really cause reversals to happen, not just by blindly memorizing chart patterns.
1. Extreme Imbalance in Supply & Demand
2. Over-valued OR...
