In the pursuit of trading mastery, the path is often littered with setbacks and failures. However, it's essential to recognize that these hurdles are not just obstacles but invaluable learning opportunities. Learning how to fail – and more importantly, learning from failure – is a critical step towards enhancing your trading success. This article explores the...
Indicator MFI — model
Incorporating technical indicators into your trading system requires a clear understanding of their fundamental principles.
An innovative solution developed by Gene Cuong and Avrum Sudak allows the use of volumetric data in metric analysis.
The Cash Flow Index serves as a graphical representation of the "cash ratio", requiring a...
This post is directed towards novice traders who harbor the belief that honing trading skills and mastering profit-making strategies is achievable solely through practice on a demo account. However, the unforgiving reality of statistics paints a stark picture: approximately 65-80% of novice traders find themselves facing financial losses within the initial months...
Hello!
➡️In this lecture, we will cover one of the most common or popular correction options - triangles. I remind you that we are now considering various correction structures that are encountered both separately and can be part of more complex structures.
➡️Triangles are probably the most popular pattern for all beginners, yes, and not only beginners. It is...
As discussed in our previous post, a well-defined trading plan is your invaluable compass, navigating you through the ever-shifting tides of the financial markets. It's not a rigid set of rules, but a dynamic roadmap that evolves with changing market conditions.
Defining Your Trading Goals
Your trading plan begins by clearly defining your trading goals. What do...
Hey traders,
In this post, we will discuss 3 classic trading strategies and stop placement rules .
I will teach you how to set a safe stop loss, relying on price action.
1️⃣The first trading strategy is a trend line strategy .
The technique implies buying/selling the touch of strong trend lines, expecting a strong bullish/bearish reaction from that.
If...
Thank you very much for your support, as I told when we will get 20+ likes on Part 1, than I will make Part 2. Here you get the summary of each, with the other points:
10. Market Infrastructure: The infrastructure supporting traditional stock markets, including trading platforms, clearing systems, and market data providers, is well-established and...
It is apparent that your interest in trading stems from a desire to transcend the conventional 9 to 6 work regimen or to establish an additional revenue stream for enhanced financial stability. Regardless of the impetus, trading imbues one with a sense of hope—a hope for attaining financial autonomy and catering to the exigencies of one's familial...
Hello, friends!Some EDU today!💪
Triangle chart patterns, a discreet yet powerful tool in the world of technical analysis, hold the key to deciphering market trends.
These geometric formations are not just lines and shapes on a chart; they are windows into the psychology of market participants, offering insights that can guide strategic decision-making.
...
Hello Fellow traders!
Welcome to another bite sized Mini series on forex!
I hope that these info can open up your interest in forex trading and understand more about forex market!
Trading in the forex market offers various opportunities for investors to capitalize on currency price movements and profit from exchange rate fluctuations.
One of the most common...
Because of your strong support on the Part 1, I decided to make Part 2 (as I already told in the last Part). Today lets see the other 17 differences between Stock market & Forex market. You must know them before investing/trading.
1. Market Size: The stock market represents ownership in companies, whereas the forex (foreign exchange) market deals with trading...
Welcome to part 2 of our 3-part series on swing mapping – a highly underestimated technique that can be applied to any market on any timeframe.
In Swing Mapping Part 1 we outlined the key principles of swing mapping which involved identifying potential swings, monitoring them, and drawing conclusions about market structure as swings levels are held or broken....
...one of the secrets of why the best are the best
HOW TO DEAL WITH INTERNAL CONFLICTS THAT BLOCK SUCCESS AND TAKE MONEY AWAY FROM TRADERS?
For professional traders, a key element in their success is their state of mind, the so-called "zona" first described by Mark Douglas in his book "Trading in the Zone." It took quite a while to understand two key things -...
If you want to learn Smart Money concepts, but you don't know what to start with, this article with help.
I will share with you 5-steps Smart Money Concepts learning plan . 5 important topics to study in SMC.
Topic 1:
Market Structure - the analysis of a behavior of a price on a chart.
In the contest of Smart Money Concepts you should learn:
-SMC...
Hey there, welcome to 'Stock Market VS Crypto Market'! Our goal? To break down the complexities and highlight the fascinating differences between traditional stocks and the exciting world of cryptocurrencies, making it easier for traders and investors to navigate both landscapes. This is Part 1: (In Part-2 I will tell where to invest and how much)
1. Market...
Three Steps to Achieve Your Dream Ride Quickly: How to Turn Trading into Your Ticket to a Lamborghini
Have you ever dreamt of cruising down the streets in your dream car, a sleek Lamborghini? Perhaps you've considered whether this dream could be more than just a fantasy, but a tangible goal within reach in a few months? If so, then join us as we explore a...
I like to say…
Go where winners thrive and excuse givers die!
If you’ve ever uttered the following phrases below – I urge you to stop saying them from today.
And when you do utter these below phrases, you’re going to manifest losing, despair and hopelessness.
But it’s not your fault. It’s the conditions and echo of amateur traders – that other traders listen...
![EURUSD: [EDU-Bite Sized Mini Series] 5 Ways that you can trade Forex!](https://s3.tradingview.com/8/88fNLvFk_mid.png "[EDU-Bite Sized Mini Series] 5 Ways that you can trade Forex!")
