save time, cut to the chase, learn what it takes to become successful. save half a decade in a day habits are what create us. its not what you do every once in a while that matters, its what you do every day. its what shapes your character, its what shapes your psychology
Using R multiples is one of the most widely used strategies by professional traders for managing risk and tracking results. The R multiple concept is extremely easy to use and implement into your own strategy. With this simple idea, money management will become a breeze! If you have any questions or comments I would love to hear them!
2 Free Online Games that Have Helped Me Become a Better Investor. So Im in the middle of reading the " A Man of for All Markets" by Edward O. Thorp, and its fascinating. Hes a mathematician who proved there was a potential edge in blackjack (21) based on the cards that were left in the deck. He also went on to be investing fund manager who focused on covered...
Hello Traders: First educational video since I went away 8 months ago :) This topic has been brought up many times, and I wanted to prepare this video for those who are still struggling with the concept of possibility in the market. Many inconsistent traders, when taking losses, often look at their strategy as the reason why the losses occurred. They often...
Holding trades is what I want to get better at and backtesting is going to help me do it. I've backtested NZDCHF today and found that it was a remarkable session. I was able to enter 4 trades in the span of 3 months gaining over what would have been 15% from the trades, but one trade hit my break even point so I gained around 12% from my trades. I used the...
So, I love backtesting. Recently I've found my self in a 3% drawdown and needed to figure out what the cause of it was and trading at this moment won't give me that answer. So, I decided to backtest. Here is what I found: 1. I'm overtrading my system I am a proud swing trader who got back into scalping the market in December 2022. It was mot my idea, but I...
A bit of a different video for you.. Thought i should talk about a sensitive subject here.. Psychology in trading and the key factors that you may need to finally BECOME a better trader.. In this part, I talk about FEAR and FOMO. Also, I added a more sensitive part, which is feeling burnt out and ways to overcome that. Hope you find this helpful!
Just thought I would show you an interesting way to see who is making the right calls before a stock or (crypto)currency makes a significant bullish or bearish move. With so many people posting on TradingView it can sometimes be hard to know who to follow. This is a way to see very simply who is making more accurate calls and best of all it IS NOT influenced...
Hey everyone, in this video we will talk about why you need to switch to demo account if you're losing your real money in trading.
Dear traders, In this video I want to look at some basics of Elliott Wave analysis and how to spot top/bottom or reversal of a trend. There are specific patterns that can help us define useful set-ups for potential trade idea. Hope you will enjoy the video.
Stop using the words bullish and bearish in trading, these are emotion-based terms, add these terms to your vocabulary instead: 1. Accumulation 2. Distribution 3. Mark-up 4. Mark-down
Hey traders, Ever wondered how some of the professional traders can lose tens of thousands of dollars and still not be phased? Well, today I am going to chat about how and why they have the ability to remain consistent and trust the process, and how you can do the same. Enjoy!
This video is about the importance of thinking in RR and %. The main point is when you think you haven't earned enough is $ amount - and so you want to trade more and more, which leads to poor trade quality - remind yourself that trading is highly scalable, and so it's ok to imagine you have a 20x more capital at the moment. So x20 your profit in the trade and ask...
Here comes another important workshop "Pro's & Con's of Multiple Timeframe Analysis". In this video, I will be breaking down some of the advantages and disadvantages of Multiple Timeframe Analysis, watch the full video and let me know your thoughts in the comments below. Hope it helps! Trade safe and take care.
Most of us, we all go through periods of vulnerability, periods where we are filled with negativity and pressure. If none of your surroundings comprehend you, I am here rooting for you. The path to a better self is never going to be an easy route, we go through failure, periods of low energy, periods of depression. But... so what? Life still goes on. No one...
To become a flexible Trader might sounds like an easy thing to do, but to become a consistently profitable Trader in the market takes lots of internal growth. In this video I'll be sharing some of my personal experiences and advice into becoming all-rounded 'good ' Trader. If you like the content make sure you click the like button and share it with anyone...
One of the common patterns amongst Traders that's really causing them to unable to achieve consistency, is the fact that they do not own up/ admit their mistakes. We're all humans, and we're bound to make errors every day, week, or month. There's nothing wrong with making mistakes, and certainly making mistakes don't make you look stupid. It is the way that you...
Hi Traders, in the previous mindset sharing I talked about the simple equation that has helped me to progress faster "Pain + Reflection = Process" But you could be thinking "How do i reflect?" OR "I do reflect a lot, but I don't see myself going anywhere." I believe it all comes down to the way you perform your self-reflection & self-reviewing...