Have you ever been in the following situation?
You pick a trading strategy, you make nice profits and then, for some unknown reasons, you start losing. You take one trade after another and the strategy stops working.
That is a very common thing that happens will every trader. I am trading for more than 9 years, and you know what, this year I got a trading...
Greetings, fellow traders!
As a seasoned veteran of the financial markets, we've witnessed firsthand the transformative power of trading, its ability to elevate individuals to new heights of financial freedom and fulfillment. Yet, we've also observed the struggles of many aspiring traders, their goals & dreams marred by a lack of guidance and a clear...
Position sizing is one of the components of a trading plan, and it's important to be just as disciplined and consistent with this as with all other parts of the plan. Position sizing is defining how much we will risk for each and our objective is to consistently get the most profit with the least amount of risk.
So, how much should you risk per trade? There is...
To trade well is nothing more than a calculated dance on the trading floor.
You need to navigate the volatile seas of markets and understand the essential elements of a trade.
And whether you’re a newbie or the MOST experienced trader out there, you need to adopt the same quintessential factors with your trading.
And that is, the elements that make a...
One of the most important skills for successful trading is Forex chart patterns analysis. Learning to recognize price formations on the charts is an essential part of the Forex strategy of every trader. Then, it is vital that you learn about these figures, their meaning and how you can use them to your advantage.
There are 3 main types of Forex chart...
Back in 1967, a big study called the Whitehall studies was done by Professor Michael Marmot. He looked at 28,000 British office workers for 40 years.
en.wikipedia.org
For the first time, this study showed how stress from work really affects how long people live and their health.
It also found out if you’re higher up or lower down in your job affects how stressed...
WHAT IS BOS ?
BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset.
To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action...
✅ Confluence refers to any circumstance where you see multiple trade signals lining up on your charts and telling you to take a trade. Usually these are technical indicators, though sometimes they may be price patterns. It all depends on what you use to plan your trades. A lot of traders fill their charts with dozens of indicators for this reason. They want to...
Hello traders!
I want to share with you some educational content.
✅ MARKET STRUCTURE .
Today we will talk about market structure in the financial markets, market structure is basically the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading...
👋 Hello, Forex traders!
Let's talk about rumination in trading. What is rumination? Rumination in trading is the process of going over previous trades and market situations in your head. Trying to understand what went wrong and to think of a better way of doing things. In "moderate doses" it is analysis. But when a person thinks about it all the time and in a...
Hey traders,
It turned out that many newbie traders completely neglect spreads in their trading.
In this post, we will discuss what is the market spread and how it can occasionally spoil a seemingly good trade.
💱No matter what financial instrument we trade, in order to buy the asset we need to have a counterpart that is willing to sell it to us and vice...
Solana vs. Wyckoff Logic
SOLUSD example of mark up in the Wyckoff logic schematic. If unfamilar, there are market phases according to Wyckoff Logic:
Accumulation: The phase where the market stops falling and begins to form a base, suggesting that demand is starting to overcome supply. It is characterized by a selling climax, where the price falls sharply, and...
In the rapidly evolving world of cryptocurrency, the European Union has taken a significant and important step forward with the introduction of the Markets in Crypto-Assets Regulation (MiCA). This groundbreaking regulatory framework marks a pivotal moment for the crypto market within the EU, promising to bring much-needed clarity and stability to an industry that...
Continuation of previous text... .
Traits of the best traders .
The best ones are very independent. I haven't met anyone who relies on the opinions of others in making decisions, especially opinions published on forums on the Internet or in the press.
There's a saying that Wall Street is the kind of place where people come in Rolls-Royce cars to listen to...
The consistency of investor behaviors stems from the fundamental aspects of human psychology, which remain largely unchanged over time.
Achieving proficiency in investing requires not just a surface-level understanding of psychology, but a deep and nuanced comprehension that can only be acquired through years of observation and study. And you need work with your...
There are 5 important things that you should analyze on Gold on a daily time frame to accurately predict long term, midterm and short term movements.
In this article, I will share with you a step-by-step guide for daily time frame analysis that you can apply on Gold or any other financial instrument.
1 - Identify the market trend
When you analyze a...
Time is relative, you aren't late, you aren't early. When it comes to trading, you will only know after the fact. So by taking the guess work out of whether or not you are on time and just letting the market do what it has to do, all of sudden you can't be late or early
I hope this helps
10 practical tips on how to have a profitable system to be a profitable trader
Let's start with what is our ideal, when we see the signals from the system on the historical chart - SL and TP then our "ideal" would be to make an entry and get to the TP a little "in a mechanical way". That is, the way an automatic would do it.
I will now give some tips that...
