Wouldn’t it be great to see the future? To see where turning points in price will occur with a high degree of accuracy? To see if a trading system that you developed or bought or learned actually works? Well, you can, with a method called BACKTESTING. Backtesting performs three important functions: 1: It helps you IDENTIFY the reliability / win rate of your...
UPDATE: GBPJPY ANALYSIS REJECTION. Beautiful trade today with an easy R:R of 1:4. This zone had formed on Wednesday and we had waited for price to return to this area. As you can see it was a really power zone sending the price back up.
Brief video tutorial discussing entry strategies using support and resistance zones. How I produce support & Resistance zones can be learnt from the live stream recording HERE With any trading indicator, it is vitally important to have a sensible entry strategy with entry, stop loss and enough risk to reward to the next support or resistance zone. It is also...
This is a companion video to my "Trade Like a Pirate" article showing how the Long & Short tool can help you manage your "aRRR" - Your Reward-to-Risk Ratio. Whether you are trading a Company, a Currency, or Commodity, you want to Consistently trade your positions in terms of Risk and Reward for consistent results and to not "blow up your account" with a bad trade.
One of the amazing things about trading the financial markets is that it is the only industry where we “common folk” have the potential to EXPONENTIALLY grow our income day after day, week after week, year after year. All our lives, from opening up our first lemonade stand to landing our first job, we are taught to make LINEAR income: to exchange TIME for MONEY....
Risk Reward Pattern (PART 1) Explained fully. Please for (PART 2) Check the link Below. Don't forgot to add your comments to make things more better and better. Thank you
Risk Reward Completely Explained in two Educational idea. If you not check the part one The please Visit the below link for Part (1) and part(2). Share your Comments Ideas Below to make things more better and understandable for community Thank you,
The investment decision is based out of two different ways: Fundamental Analysis: Analyzing a company's financial statement Technical Analysis: Understanding the market sentiment behind price trends Technical Analysis The study of statistical trends, collected from historical price and volume data, to identify opportunities for trade. Assumptions of...
________________________________________________________________________________________________________________________________________ Hello Traders Investors And Community. Welcome to this educational idea about the risk-reward-calculation in position trading with the 5-Key-Components determined. Today's markets constantly changing and adapting and in...
This illustration explains the functionality of TradingView's Long/Short Position Tool and is intended to help new people looking for more information on this tool in a "novice friendly" format. TradingView’s position tool will aid you in pre-planning and pre-evaluating trades and as such should be an essential part of every trader's toolkit . Note: At its...
*************************** Getting started as a Padawan *************************** Learn about investing When you start you should be interested. There are many ways to learn about investing: Books/videos/the internet/Losing money trading for the first time. My first trades (both speculative and not) were Forex, but I really got started "full time" (still...
Same strategy. 4 options on how to manage trades. Can use anything from a really tight stop and win very often but small to a very wide one and rarely win but win big. Which method really makes the most money? Let's look at the numbers after 100 trades: Strat 1 with a ridiculous winrate and profit factor => 1 RR 95 Wins 5 Losses => Get 90R out! Strat 2 with...
This video explains how to effectively trade plan to limit your risk and to maximize your gains. When it comes to Risk Management and Trade Planning, it's important to maintain a clear mind about the possibility of the asset your assessing going in either bullish or bearish direction. Furthermore, this video explains some ideas on how and where to place stop...
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). As I tend to get a lot of questions about this topic, most traders don’t seem to understand basic risk management in trading! From my experience capital protection and risk management are probably the most important part of any trader's skillset. So that is...
Every trader has got himself into a loosing trade. This is simply the part of this game. You will never be able to predict every move correctly. The biggest thing that separates a profitable trader from an unprofitable trader is actually not better technical analysis or more experience. The biggest factors in my opinion are trade management and risk management....
Hello traders! -READ THIS DESCRIPTION FOR MORE INFORMATION! -This tutorial is for people who are struggling with RISK MANAGEMENT and MONEY MANAGEMENT. In this tutorial i will show you how to be profitable with 30% ratio. But first i will explain you what is risk and reward. -Risk is amount of money or percentage what are you willing to risk(lose). -Reward is...
1.2.20 MORE PRICE ACTION...and challenges ( and solutions ) regarding risk:reward. If you gave not looked at the previous video you should look at it as well because it relates to this video.