Stop loss order is the order that automatically closes your trade once it reaches a specified price target. Learn all about it here.
Table of Contents:
🔹What Is a Stop Loss Order?
🔹Why Stop Loss Orders Matter?
🔹Setting Stop Loss Levels
🔹Types of Stop Loss Orders
🔹Adjusting Your Stop Loss Orders
🔹Summary
In trading, reducing risks is oftentimes all that matters...
Diversification is a market strategy that enables you to spread your money across a variety of assets and investments in pursuit of uncorrelated returns, hedging, and risk control.
Table of Contents
What is portfolio diversification?
Brief history of the modern portfolio theory
Why is diversification important?
An example of diversification at work
How to...
But not by any of the brokers.....
They are rigged by OUR OWN MINDS
Let me explain.....
You start learning how to trade, all the lingo, and even some strategy.
You start a demo account, doesn't matter where, and just start trading
You do it just like you learned, from where ever you learned it. Indicators, check, do the analysis, check, major levels,...
I'm very active in a few communities (the Tradingview official Discord for example) and one of the most asked question is: How do I start trading?
Let me try to give you a blueprint on what to do to at least get some foot in the ground!
Lets make something clear: you are learning a new job here! thread it that way and you will have the best chances!
(No job on...
The obvious part if you've understood all the previous posts.
It's easier to start with how Not to trade .
Wrong - cherry picking "strong" levels. Every level is a level, not better & not worse than another one. Choosing the supposedly strong levels is a subjective thing that reduces expected value & consistency.
Right - operating at each level on a given...
The default parameters in Master/Last Candle (MLC) indicator are used for the standard timeframe 1D. Due to the difference in nature between bars of intraday timeframes and bars of day-and-above timeframes, some settings could be changed as below to make the indicator tailored to your case.
• Increase default Max Volume Drop % from 25 to 30. We have seen a case...
Hello traders,
I meant to publish this in the morning but I got pulled away on something else. It seems my analysis would have been correct, so I'll share this now.
This method is just one of many ways a trader can identify trend direction and entry/exit points at the beginning of each day.
To start...
I identify all patterns and indicator setups that...
This HOW-TO tutorial will show how to use markers and the channel fill to re-enter and exit positions.
🪐 SETTINGS (Indicator 1)
Mult: 1.25
Top Markers: ON
Bottom Markers: OFF
🪐 SETTINGS (Indicator 2)
Mult: 0.9
Top Markers: OFF
Bottom Markers: ON
👩🏫 COMMON PATTERNS
🗠 A
After the appearance of a fake primary top...
This HOW-TO tutorial will show how to use both markers and the channel to successfully predict price reversals.
🪐 SETTINGS (Indicator 1)
Mult: 1.55
Top Markers: ON
Bottom Markers: OFF
🪐 SETTINGS (Indicator 2)
Mult: 0.85
Top Markers: OFF
Bottom Markers: ON
👩🏫 COMMON PATTERNS
🗠 A & G
As price stabilizes after a...
This HOW-TO tutorial will show how to setup the Mult value and how to use primary and secondary markers.
🪐 SETTINGS (Indicator 1)
Mult: 1.7
Top Markers: ON
Bottom Markers: OFF
🪐 SETTINGS (Indicator 2)
Mult: 0.85
Top Markers: OFF
Bottom Markers: ON
👩🏫 MULT
The Mult value has to be set anew for every symbol...
A lot of newcomers have been asking for educational content because you don't understand why my strategies work and how I conclude that a particular price-action will likely happen on certain assets at certain price-levels. It's lovely that my followers aren't just seeking signals, but actually digests the charts I'm sharing and actively tries to expand their...
Hello Trader around the world, how about your last friday, did you trade?
Last friday I've trade the USDCAD and AUDUSD currency
For AUDUSD I Long and lost already
But USDCAD still at the big resistance and I have short already and put a stop loss at 500pip
I really want Monday to come fast as I can
Today I want to sharing all of you
learn about How the...
Science Has Proven That Reading This Education Post Will Either Put You To Sleep or Put You On Your Path To That Lamborghini.
Let's Start From The Beginning... (Print this entire tutorial as a reference)
WHAT IS GRID TRADING?
Grid trading is a type of trading, typically managed by a dedicated Grid Bot.
In a nutshell, you select a range, you...
Hey tradomaniacs and becoming traders,
here some more education for you and especially for those who started trading and heared about that weird thing called Moving Average.
I hope you enjoy it and learn something.
If you need more education just check my videos and posts tagged as education.
Peace and happy learning
Irasor
Trading2ez
Wanna see more? Don`t...
Gold: XAUUSD 1.25% How DXY -0.25% is the gold 1.24% trader's best friend right now
So far gold 1.24% has behaved in the bear-mangling mode expected of it since the dollar broke
down below key support on DXY -0.25% at 94.26 (right hand chart) but it wasn't too smart to let
it go again at 1290. That rally on Friday was vicious for bears - the shape of price...
Today I received a question regarding what indicators or websites to use to infer and compare the strength between related currencies. I responded with a long winded explanation as to why it is not necessary to use indicators or websites to infer such information because it can be realized solely through price action. If we look at the daily range today on GBPUSD,...
I've already written my "Trading Recap" blog post for today but I wanted to share something with you guys. For you guys that have been following along with my blog you know that I've been working on an article looking at professional athletes and professional traders. One of my main comparisons is the amount of preparation and review that both do.
Just like...
