This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful...
In the fast-paced and often volatile world of cryptocurrency, finding best investment strategy can be a daunting task. While many traders seek quick gains through active trading, a more prudent and less stressful approach exists: Dollar-Cost Averaging (DCA).
What is DCA?
DCA is an investment strategy that involves investing a fixed amount of money into a...
As we dive into studying price action, we can't help but be intrigued by the interesting names given to various patterns. Names like "Two Rivers" and "Shooting Star" not only sound captivating but also accurately describe the patterns they represent. In this post, we'll introduce you to another powerful pattern known as the Dragon. This pattern, belonging to the...
Hey traders,
In this post, we will compare investing, trading and gambling .
📈 Investing
Investing is the act of putting money in a financial market with the expectations of a long-term positive return.
The investing decisions are usually made using fundamental analysis.
The main goal of an investor is to predict the long-term market trends and benefit on...
Hi everyone,
I felt compelled to create this short video on what I think it takes to be a successful trader. I've separated it into 4 factors:
1. Passion
2. Discipline
3. Perseverance
4. Patience
From my experience, these are the core things that you need to keep going until you find successful. Strategies should be the LEAST of your concern. I always say that...
Rules for engagement:
- Price must be below the 200SMA
- MACD must cross above the 0 line (higher the better)
- Price must then cross over short term SMAs (5&8)
- Stops at previous high
- Take Profits at the target low
Here we saw price break down to create a new lower low and sweeping previous support. Price on the daily has broken below the 21 moving average...
👋 Hello everyone, today we will be discussing stablecoins, which currently have a market capitalization of around $160 billion. Those who are not very familiar with cryptocurrencies often use stablecoins for various purposes such as making payments, storing money in a stable currency as an alternative to the US dollar, and for international transactions as well....
Hey traders,
In this post, I will share with you my tips for trade management in Forex trading .
But first, let me elaborate on what is exactly a trade management .
Trade management is the set of rules and techniques applied for managing of an already active position.
Trade management is a very important element of any trading strategy that should...
Trading without a structured risk management strategy turns the market into a game of chance—a gamble with unfavorable odds in the long run. Even if you possess the skill to predict more than half of the market's movements accurately, without robust risk management, profitability remains elusive.
Why?
Because no trading system can guarantee a 100% success...
Trading system and strategy are often equated, but this is not quite right. Both a strategy and a trading system is a single algorithm of actions, including the process of searching for signals and opening trades. But strategy is often understood as following certain rules, while a trading system is a combination of technical, fundamental and psychological...
Trading in financial markets is not merely a game of numbers and charts; it's a psychological battlefield where fears , doubts , and emotions can either propel you to success or drag you into failure. In this comprehensive article, we delve deep into the primary fears of traders, explore strategies to conquer them, and provide an in-depth analysis of methods...
Six Years with TradingView : A Stellar Platform Transforming My Trading World
Six years ago, I embarked on my TradingView journey, and since then, it has been an indispensable tool in my trading arsenal. What initially attracted me to TradingView was its clean, user-friendly interface coupled with its promise of real-time market data. From my very first...
Emotions play a significant role in trading and can have a profound impact on decision-making and overall trading performance. Here are some common emotions that traders experience and how they can influence trading behavior:
1. Fear:
Fear is a powerful emotion that often arises when traders face unexpected market movements or potential losses. It can lead to...
Turns out, A farmer is no different from an investor. Here are a few qualities that every investor must inculcate in themselves.
- Do not shout at the crops: Just as a farmer doesn't shout at their crops, investors should remain patient and avoid making impulsive decisions when market conditions are unfavorable.
- Do not blame the crop for not growing fast...
Support and resistance levels, the bedrock of technical analysis, are fundamental elements. They serve as critical points that delineate potential price movements and are pivotal in decision-making processes for traders and investors alike
The basis:
There are several fundamental concepts in trading that remain the same over a long period of time. Among them,...
In a week, another bitcoin halving is expected to take place, which is expected by many cryptocurrency traders. Cryptocurrencies are still a dark horse for traders: sharp price fluctuations in both directions, high volatility attract traders with the supposed simplicity of making money. And although many consider the industry a bubble, there are still enthusiasts...
The market is red! Let's figure out what you can do and what you shouldn't do
- We have an investment portfolio (investments are not a month or even half a year), we invest for the period of a bullish cycle or until a specific zone of interest for the sale of a certain token! We have an accumulation area and a distribution area! Regardless of what happens in...
A lot of traders apply trend lines for trading and making predictions on different financial markets.
Trend line can also be an important element of price action patterns.
However, only few knows that some trend lines are better to be avoided.
In this article, I will share with you the types of trend lines that you should avoid and not rely on for...
