Saving money to trade, or in general, can be a pain.
Either it drops your quality of life, or you find that you just can’t save a cent at the end of the month.
No matter what you’re earning, I’m going to show you exactly how to save money the easy way.
Here are my 27 favourite money savings tips with a couple of personal notes…
SAVINGS TIP #1: Stick to your...
We are brought up in society to WIN, WIN, WIN!
Throughout our upbringing we must either:
Achieve top grades
Drive the fanciest cars
Wear and own the best brands
In other words, we are raised to win with everything we do in life, until you get welcomed into the world of trading.
Today I’m going to be the contrarian and share with you why you should love,...
Back in the old days, to action a trade you only had two easy options.
Buy or sell…
Fast-forward into the present day, and today you get slapped with five different options to choose from when you get into a trade.
Right now, I’m going to simplify these five trading entry orders in way that you’ll never forget.
Entry Order #1: Market Order
The first entry...
Always combine technical analysis with fundamental analysis
Successful traders always combine the two types of analysis. This is because technical analysis tends to focus on the past events and fundamental analysis focuses on the present and future issues.
In addition, there are certain situations where technical analysis will not provide adequate solutions....
The Internet has truly made the world a smaller and a more accessible place.
In 2013, I stumbled across world-renown trader, author and owner Peter L.
Brandt, on Twitter and his blog. I sent him a request for him to
join one of the most elite South African trader groups on Skype.
We had some fantastic chats over the next couple of days. There are words
of...
There is an over-estimated word that people say. I’m talking about MOTIVATION.
“I need motivation to keep to a healthy diet.”
“I need motivation to go to gym six days a week.”
“I need motivation to see my friends.”
If I needed motivation to trade, I would have stopped trading over a decade ago. From today, I want you to remove the word motivation from your life...
E=MC²
Everything you need to know about the Universe, can be condensed into this tiny equation.
What if there was a formula that unlocked the laws of trading the markets?
I believe, there is…
I call them the 5 Laws To Trading Success…
1. Markets
You’ll need to be able to find and trade the best markets, at anytime and anywhere in the world with CFDs or...
When traders ask "what was your light-bulb moment in trading", I often say 2 things:
1) stop worrying about what other traders are doing and focus on yourself making sure you are consistent with the trading strategy as that's how you will get consistent results.
2) understanding multiple timeframe analysis.
Once I started focusing on myself and was consistent...
Hi everyone,
I miss you more than you miss me. I will be back posting 5 and 10 times a day very soon. Life has been hectic but many GREAT things coming up next. Keep your eyes open for them, Professor is coming up with Major upgrades and perks.
VOLATILITY:
The higher the volatility, the riskier the security. Volatility is often measured from either the...
COINBASE:BTCUSD
Who is at fault?
Let's start by acknowledging that we shall identify who is to blame for the irreversible. Who exactly is at fault for the money you lost?
A market that is unprofitable? A market maker seeking increased compensation? A deceiver who desires to put everyone out of business? A signalman looking to overcharge for his signaled...
A few tips for making it through the bear market:
Profile Rebalancing
Rebalancing a portfolio means adjusting the weightings of the different asset classes in your investment portfolio. This is achieved by buying or selling assets, which changes the weighting of a specific asset class.
Dollar Cost Average
It is an investment strategy that aims to reduce...
BINANCE:BTCUSDTPERP
Support and resistance levels - are price areas on the chart where the price has ever changed its direction. This place always attracts traders, because near the levels there are obvious places for setting stop losses and entering a trade. Also, there are always limit orders of large buyers or sellers near the levels.
We can say that the...
How to deal with stress in crypto trading?
How stress can manifest itself in trading? Losses. Losses come from ignorance or inexperience. In general, they will always be, this is part of our work. But their number can be reduced.
Accordingly, no matter how paradoxical it may sound,you don't need to fight with your stress, it must be experienced and get out of...
Why is a workplace important in trading?
Trading is such a small life that you live every day by opening a chart and an exchange. And above all, you must live this life with dignity. And in order not to break down, not to burn out, to save your nerve cells, it is important to devote time, first of all, to psychology.
Your workspace
It is important that you...
BINANCE:BTCUSDT
A classic situation for a trader is the fear of opening a position, dictated by the negative previous experience in an identical situation. How usually manifested after a series of failures (losing streak) and leads to ignoring further trading setups. Let's look at this case in more detail. The material will consist of three components:
The...
Most people dive straight into trading without knowing how or why. They also don’t plan ahead.
This is why most people are unsuccessful at trading.
Having a well developed plan is KEY 🔑 to trading success!
Let’s see what in must need in trading routine:
1. Trading Journal 📝
You won’t improve without a trading journal, your whole trading routine is built around...
BINANCE:BTCUSDT
1. There is no general approach to trading.
Most traders believe that there is a formula that can be used to predict market fluctuations. But in reality, not only is there no such formula, but it is not even possible to develop a general model of markets, since patterns are constantly changing. There are numerous styles and approaches (which...
If you feel like you're missing trades due to a busy work schedule or because you're afraid to hit the button when a great trading opportunity comes along, pending orders may be the thing you need.
In this video, I will teach you the difference between market orders vs. pending orders.
Thank you for watching the video and comment below your thoughts. I'd love...
