WHAT IS IDO? SHOULD YOU BUY LAUNCHPAD TOKENS?
What is an IDO?
The initial decentralized offer is the process of selling tokens early on decentralized exchanges for new crypto projects (DEX). "IDO" - Initial Dex Offering. Decentralized intermediary exchanges help new blockchain companies sell their tokens. IDO is a common way to get people to invest in a...
The topic of trading edge in the market is highly underrated, in my opinion. That’s why today I propose to discuss it, and I hope it can help you to shift your perspective on this matter. So let’s think about this together. What parts does your trading edge consist of?
🟩 THE BIG FILTER
For me, the first part of any trading edge is its filter. So your trading...
Hello traders,
Remember when you just started trading, almost everywhere you could hear about the 1% per trade risk rule? While this is not too bad, I think in most cases 1% risk is too much. Here's why:
1. If you're trading a 100k prop firm account, 1% is $1000. Imagine you have a very usual losing streak of 3-4 trades. Now you've lost 3-4%, and $3-4k in...
Hey Everyone,
A repost to remind newbies of some basic money management fundamentals.
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of...
Position Sizing
Traders spend much of their time looking at charts and analyzing using technical or fundamental analysis, or a combination of both. While this indeed is a very good thing to spend time on, not all traders take their time to focus on risk management, and more specific position sizing. I see a lot of new traders or old traders which trade only to...
Sometimes we need a good time to laugh and stay away from trading. It is also money management!
Check out my previous idea on EURCAD. This can be a good trading opportunity.
1. Trade according to the system.
2. Keep statistics.
3. Have strict risk management.
4. Adapt to the market.
Trade according to the system
When you trade without a system, it's gambling. Usually, when you ask a beginner why he has opened a position, he uncertainly begins to refer to the fact that someone gave him a signal, or that he thinks it's time for...
You've probably heard statistic that 90% of traders lose their deposit in the first 3 months. Sometimes it's pocket money, sometimes salary, and sometimes life savings.
Once I saw a message in a traders group from a frustrated 55 year old man who had lost all of his savings of the last 20 years of working as a security guard in a supermarket just in ONE MONTH by...
There's a great struggle going from profit to loss.
A burst of a bubble, which in it's essence is hope.
But this is false.
The odds are, that your profits were on paper, so how does a loss on paper differ from a profit on paper?
Truth is - It doesn't.
But what it does do is play with your emotion.
Our mind has a tendency of expecting the worst once things...
Hey traders,
In this post, I will share with you my strategy to apply a trailing stop.
Please, note that I am applying a trailing stop only in trend-following trades and only when a trade is opened on a key level. I trade price action patterns, so the following technique will be appropriate primarily for price action traders. Moreover, my entries are strictly...
This will be a tutorial using divergences and oscillator confirmation buy/sell signals.
Hello. Here I present a simple system that is very profitable but along side this system I will present a risk management system that is
easy on emotions and robust on capital.
I predominantly use the 1hr and the 4hr to look for both REGULAR divergences and HIDDEN...
1. Greed is the problem
Many beginners and even experienced traders face greed. It's a feeling that makes you believe in your superiority over the market:
• Opening a lot of trades, breaking risk management
• Continuing to trade after incurring a loss
• Refusing to take profits, hoping to earn more
• Averaging losing trades, because everything is about to...
I speak to a lot of traders, new and veteran.
It's surprising to see how so many are not sure how risk is calculated and what the exposure really means in terms of P&L.
This obviously is a major block in the road on the way to gaining confidence necessary to avoid losses.
So let's break it down -
*P&L is calculated by lot size * movement.
Example: If you...
For 3-5 minutes while going through this forget what you know about trading.
First thing is : Let's remember our goal, every successful action/plan started with a clear goal that led the way:
In our case it's profit
When starting to trade seeing the numbers go up and down plays with your head and emotion quickly tempting you with the unlimited potential at...
Every day we start by choosing between long and short.
Sometimes you wake up, look at the btc chart - and clearly see your setup.
And sometimes you don't see it. But you still saw how many of your friends traded shorts successfully and decide to enter a hostile market.
Bottom line: Lost profit, exhausted nerves, stress, a blow to self-esteem.
Most traders...
Why am I qualified enough to teach you this?
I lost 16 deposits and in 6 years I heard dozens of stories of people who lost their life savings in a couple of months by trading. I have personally tested many of these rules and confirmed that they work.
So what are we waiting for? Lets get it started!
1. Trade with maximum leverage
There is no need to trifle, the...
Hey traders,
Being breakout traders we have two options for trade entries:
when the breakout is confirmed we can either open a trading position aggressively once the candle closes above/below the structure or we can be conservative and wait for a retest of the broken structure first.
What is peculiar about the second option is the fact that the majority of...
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this...
