Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Hey traders, In this post, we will discuss 3 classic trading strategies and stop placement rules. 1) The first...
NFTs, or non-fungible tokens, have emerged as one of the year's breakthroughs. NFTs have been making headlines recently in a variety of venues. Many inventors, artists, and corporate behemoths are eager to capitalize on this trend. Minting is one of the most critical phases in creating an NFT. Minting an NFT means converting digital data into crypto collections...
This year, crypto-related hacking has high activity. Since the beginning of October, approximately $718 million worth of cryptocurrency has been stolen, bringing the total for the year to over $3 billion. However, numbers are currently 65% lower than where they were at the end of July in 2021. In addition, revenue from scams has roughly decreased in accordance...
Timing when day trading can be everything In Stock markets typically more volatility (or price activity) occurs at market opening and closings When it comes to Forex (foreign exchange market), the world’s most traded market, unlike other financial markets, there is no centralized marketplace, currencies trade over the counter in whatever market is open...
There are buyers (bulls) and sellers (bears) in any market and their goal is to make profit. It is obvious. The difference between them is in a direction of trading. Buyers are interested in upward and sellers in downward movements. If buyers are stronger than sellers, the price moves upward. If sellers are stronger than buyers, the price moves downward. It is...
First one style - Scalping Scalping between 1 second to 3-10 min is literally “scalping” every price movement. We opened a deal, get a profit and closed trade. Its a risky and nervous way of trading. Meanwhile, scalping remains potentially the most profitable type of trading. Hardcore scalpers love to fight the market, Their strategy consists in a large...
I have made thousands mistakes since I started trading 15 years ago. And I continue making mistakes from time to time. Why do I say about it? Because you have to know about the true value of mistakes in trading. Mistakes gave me tons of priceless experience. They helped my to boost my trading level from newbie to professional. They helped me to understand who...
If you are new to @TradingView Or a new trader, there is a pretty useful feature called volume profiles - available with paid membership of Tradingview. This is a quick introduction to and not a full lesson on how to use, strategies or techniques (will post one if there is interest for that). TradingView's own definition of Volume profile Volume Profile is...
Elliott wave is a great tool to have in your arsenal - I have been asked more and more about it recently. So I wanted to share a simplified breakdown. Of course it can be complex and detailed, it also requires constant tweaking. The Elliott Wave Principle posits that collective investor psychology, or crowd psychology, moves between optimism and pessimism in...
Let's think together what novice traders should do if they want to make money from the beginning, and they don't want to blow up their capital? First of all, we need to describe who novice traders are. You may guess the following: - a novice trader is a boy or a girl who starts trading in the financial markets from scratch, - a novice trader dreams about making...
Just as important, riding a bicycle, or even a supercar, doesn’t fall under the train, in order to understand when and in which direction to trade - you need to figure out who you are playing against, how to behave in each of the phases of the market, and how to identify these phases. Today we’ll talk about the mechanics of the market and its participants....