In this How-To video, we take a look at how to use the new PB or Pullback Trade Setup in the MTPredictor Invite-only Scripts to uncover potential trade setups. As an example we take a look at a recent Chart of the Russell Index on a 3min Chart. As you will see from the video, this setup is designed to catch a minor pullback against a previous strong trend. The...
Mistakes are an inevitable part of a trader's journey. What sets successful traders apart is their ability to not only acknowledge these mistakes but also to study and learn from them. In this comprehensive guide, we'll explore the art of dissecting your trading mistakes, understanding their origins, and using them as stepping stones towards trading mastery....
Market volatility, characterised by rapid price fluctuations, presents both opportunities and challenges for traders. Understanding its causes, measuring it effectively, and employing strategies to capitalise on it can lead to better trading results. This article explores the essentials of market volatility, from its definition and measurement to strategies like...
We have special chat prepared with Miguel Morel, founder and CEO of Arkham Intelligence. We'll be discussing fundamental research in crypto, its data and importance. Ask questions, join the show, and learn something new. 😎🙌
Yesterday at the close we hit S4 and so without any stress or agonizing over it (can we go higher, is this the right level) I loaded up on SPXS, which I use because it is cheap so I can make a decent profit with sheer number of shares. During the night and this morning I checked the market and Alerts were going off we had reached S5, so again, no stress just...
Imagine this: a group of traders betting that a stock's price will drop. But suddenly, the price surges, forcing them to buy and causing a chain reaction of buying that shoots prices up. This exciting but risky event is called a short squeeze. Why Does It Happen? Short squeezes occur when a lot of traders need to buy suddenly. These traders, initially...
Key Takeaways: - Poor quarter over quarter price performance at -11.5%, but BTC it still outperforming most asset classes including gold, treasuries, commodities, cash, and REITs year to date - US bid that drove Bitcoin up in H1 has fully diminished at the time of writing - Volume, liquidity, volatility, and search trends all continue to decline - Grayscale’s...
Key Summary / TLDR: - Sei is an alternative L1 blockchain designed with trading in mind, possessing unique features like parallel transaction processing, a native order matching engine and twin turbo consensus. - With partnerships across everything from infrastructure to DeFi, Sei is working to build out an extremely sufficient ecosystem with an entire suite of...
The world is your trading oyster Any market with a ton of volume, is going to move in one of three ways. Up, down or sideways. Stocks, indices, Forex, commodities or crypto currencies, They all move the same, they all act the same. We need to remember to diversify different markets into our trading. When some are in bad market envrionments, others will be...
Fear of missing out, or FOMO, is a psychological phenomenon that has infiltrated the world of trading, leaving traders susceptible to impulsive decisions and emotional turbulence. In this comprehensive exploration, we delve into the FOMO effect, dissecting its origins, manifestations, and the impact it has on traders. Join us on this investigative journey into...
High quality (Clear) vs Low Quality (Unclear, wicky, random, guessing) Setups in Our Trading High quality clear (HQC) setups are best representations of your EDGE, they allow you to feel confident in the MOMENT of placing a trade, and you can feel relatively good about it even if it’s a loser, because you know you traded in clear market environment and did...
In the today's post, we will discuss very common beginner's mistakes in trading that you should avoid. 1. No trading plan 📝 That is certainly the TOP 1 mistake. I don't know why it happens but 99% of newbies assume that they don't need a trading plan. It is more than enough for them to watch a couple of educational videos, read some books about trading and...
How I manage the order volume? I often trade Futures, where I can take advantage of leverage to optimize profits. But at first, I didn't know what was a reasonable amount to enter an order with. I know my maximum is 10% of my capital as I shared in the prev post. But when calculating with leverage, it made me quite confused at first. Try the following...
Where one stock in an industry goes up its competitor or similar companies in other markets might also go up. This can be described as a phenomenon of "sympathetic trading" or "sympathy moves" . In the stock market, a sympathy move is when the stock price of one company moves in tandem with the stock price of another company in the same industry. This happens...
What is it Renko? Renko charts were invented in Japan, just like regular candlesticks, many years ago and they are called Renga, which means "brick". They display charts symmetrically and are effective for identifying major trends and structural support and resistance levels. Renko charts are very well suited for trend trading as they are visually appealing,...
Frequently, we encounter situations where individuals do not express their own market opinions but instead relay others' viewpoints. This is typically evident in the way they present their analytical arguments. Such instances are manifestations of collective sentiment, providing subtle hints about potential future price movements, even if within the context of...
Not showing BTC today, that was yesterday and link is in the chat.
"Welcome to a fascinating journey into the world of trading with the Volatility Breakout Strategy – a method that offers you a glimpse into the wisdom of legendary trader Larry Williams. In this comprehensive guide, we'll unravel the strategy's intricacies step by step, giving you the tools to incorporate it into your own trading style. Disclaimer: Before we dive...