Ahoy! There is money to be made and lost here! 🤦♂️😂
I'm short with with an affordable loss. Others may wish to go long with an affordable loss.
It's not about how right you are but how much you limit your loss if you're wrong.
This is a nice one for new traders to experiment with on a paper trading account. 👊
Trading is a strange activity i.e. you can't...
Slowly getting better at trading as I'm slowly learning one day would like to peruse it full time. One of the most hungriest traders out there wanting to get better everyday. Don't shout at me lol if you disagree but i thought this might be a little idea to share we shall see. I'm expecting it to break the resistance line soon and once that happens I will wait for...
This trade looks very promising. The market is currently moving in a descending triangle as shown. This means lower lows and lower highs. We are currently approaching the low of the edge of the triangle. Secondly, the 50 Period EMA has been dis-respected therefore we expect it to bounce back from it. Thirdly, the market is moving above the 200 EMA supporting the...
The probabilty of a long trade is high because the market has come very close to the support line and has not broken past that.
The market is at a bullish uptrend.
The last bearish candle has not exceeded the bullish candle.
As mentioned before I am new to trading so any feedback is welcome :)
Due to the market being very bullish it is a higher probability that the market will go long. The Bears might push down to the support line and then the market may pick up and go long.
I am new to trading so any feedback will be great :)
In this screencast I show some of my positions which are mirrored on my live account. I say that blowing up Tradingview paper accounts is a good thing. The present account has not been blown up for about a year, which is much better than before. I used to blow up an paper account every 3 to 6 months before. It's a very safe space to gain experience, to fail...