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Why I don't Provide Exact Entry and Exit Points?From time to time, I get messages from you asking why I don't provide trading signals with exact entry and exit points like other traders do. In this post, I would like to add more arguments to my previous statements explaining why trading signals are useless for novice traders. I wrote in this post that trading signals wouldn't make you rich. Please read it. Also, I wrote in another post that a trading signal should be considered as a tool. Without knowledge and experience, novice traders use this tool in the wrong way. The quality of trading signals is not so important, but the way how you use this tool plays a very important role in the long run. I gave you examples supporting this statement: "Will you become a good photographer just buying the best photo camera? Will you become a good programmer buying a Macbook? Any tools must be used properly, and for this, you must have knowledge and experience." But in spite of these arguments, I got the same question again and again. Why I don't tell the exact entry and exit points? I don't want to give you such information as it makes you lazy! It does not motive the majority of novice traders to start reading books and watch videos about trading. Why do you need to spend your time trying to become a better trader if you can get a message BUY HERE and SELL HERE? Trading signals destroy motivation to improve yourself every day. You don't have reasons to think about why a market is going to move upside or downside. You don't need it as you have the simple instruction when to open a position and when to close it. I understand, when you start something new, you want to think that you will reach your goals easily. When we talk about trading, you think it is simple. All marketing works in order to build the picture, how it is simple to make money in the financial markets! Just two buttons BUY and SELL, and you will have to think only about the color of your new Lamborghini. When you know nothing about trading, your plan looks amazing - you need a good signal provider and trading signals from him or her. Nothing more! You believe that short information, when to buy and when to sell, will allow you to become rich. Some of you think that you will be able to become rich very quickly, starting from several hundred dollars! That's why the majority of novice traders hunt for signal providers, trading strategies just in order to start making money right now. But dear friends, please, don't be so naive! If it could work as you think, we would have millions of millionaires around you. Do you see millionaires around you? Do you see streets overloaded by green, blue, red, yellow, white Lamborghini? I want to say that success in the financial markets is based on hard work, hard work, hard work, and nothing more! You must work in order to reach your goals in trading. Even the best signal provider won't make you rich if you are lazy and you don't want to improve yourself as a trader every day! I give you trading ideas where I describe a possible market movement based on signals from charts and indicators. I try to show you the reasons why the price can move upside or downside. I show you the most interesting zones where the price action can give you a trade opportunity. I pick the interesting markets and share with you, but how you trade in these markets, it should depend on your personal decisions. You must use your trading strategies and build your own trading plan! Do your own research using all information you have! Such an approach will help you to get knowledge and experience while you trade. It is very important as knowledge and experience are the key elements of any success in the financial markets. P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BITSTAMP:BTCUSDEducation
by DLavrov
45
Position Sizing and Risk Management (for newer traders)Stop gambling! I see this all of the time, too many new traders using max leverage on every single trade. Do you want to see steady growth in your account? Then stop here and let this really sink in, use the same amount of risk on every trade. For example, if your risk is 2% of your account size per trade then make sure no matter where your entry is your stop loss and position sizing is always correct so you don't lose more than 2%.
Education
by Nick1upTrading
Pathetic excuses. Shameful. Losers.The more protests and laws and bribes they get, the worse off they end up. Adversity Quotient = 0. This is what constant whining and blaming gets you. Absolute defeat. Imagine being given everything and getting absolutely put to shame by people with the same skin, which you use as an excuse, coming from third world countries with plagues and everything. Mobs of angry idiots are destroying history right now, ye that'll help. We are seeing right now why so many very important historical statues, tablets, books, etc have disappeared. Mobs of angry idiots. It appears clear as long as corrupt politicians bend to their idiotic demands this will never end. After the great depression I guess people will be tired of this and put their feet down, the US might even end up with a NAZI president & congress. How does anyone ends up addicted to a victim mentality? To me that deserves no respect. Victim addicts are the humpback in 300. White women earn less than migrant blacks, this is to be expected and perfectly normal, as well as the first millionaire woman in the US being black. Got my own theory, white women evolved to stay at home to take care of the house and kids. Pale skin = cold winter duh. Expecting equality when thousands of years of evolution did their thing, so stupid. It's really the perfect exemple of how the loser mentality produces loser results. The simple fact of whining and looking for excuses instantly makes anyone a turd and a huge loser. Imagine being near the poverty line while third world country migrants make 50 grans a year on average. Ridiculous. Now when the US collapses, and stops getting free stuff via the reserve currency scam, and stops getting an influx of indian asian and more migrants, and are left with communists, it's so going down (until the nazi take over, bad for human rights but good for the economy), while africa will retain it's ambitious youth. I saw somewhere that the biggest correlation to a country economic performance was how good the top 5% were, I'll make a separate idea about that, still part of my long term reconnaissance mission on Africa, which can easily have a meteoric rise like China up up up! (While Europe & NA have a meteoric crater). I expect with moderate certainty "afro americans" to migrate to Africa once it starts doing well, if the USA really go down the rabid hole, start asking for free stuff and commit crimes and whine about the system, then learn a really harsh lesson, potentially a lesson about pogroms. French police is protesting after some cuck minister that struggles to pronounce words with more than 10 letters bend over for the mob. In France even the police protests, national sport here. Every 4 years... I wish these idiot globalists would stop doing everything the USA does... 7 months left until we hear about the plans for the new world order, sure am curious... Will they go down the path of pathetic excuses? There will never be an escape, when you are wrong and keep adding to your loser you know what happens... The woke club are literally retail traders that are too stupid to figure out they are wrong and keep adding to their loser until it blows out of proportion (civil war / nazis). I can't wait to see Disney bend the knee to nazis and say that we need a cleansing. Disgusting people. Meanwhile the FED are collaborating with Blackrock to buy stocks and to enrich each other via inflation and even directly with taxpayer money... They're all jewish, so guess who will get the blame? So one more reason to think the nazi will take over. Watching "ice cube" get progressively redpilled live, lmao. I'm not a communist, I'm not a jew, I'm not black. They will absorb all the blame. And even if they don't for some crazy reason, I can get a passport for 3 different countries. Feels good. Just as long as I keep predicting everything in advance, and get out before the herd does (there is no way I don't front run the herd, IMPOSSIBLE). And "slavery reparations" sound very very very much like "war reparations", hard to believe it's not intentional. EU is making all countries pay to "recover", but guess which ones will be huge net givers and which ones will be huger net recipients? Looks like a perfect recipe for yet another Europe war. Well done with your EU to prevent war, big brain geniuses. There is but 1 goal: Grow that account, get that house in a rural area + crops, build that bunker. Be ready in case, so we'll be singing "they're killing each other, and I'm just chilling in my bunker". Risk management. Self Sustainability, a bit of gold & silver jewelry, some lasting food, all set. And pro tip: make sure to go out IN THE MORNING. That's when people with jobs are out, the angry mobs go out in the evening ;) Going to publish a survival guide soon if this keeps on going. www.tandfonline.com Can find articles quoting it for free
TVC:GOLDEducation
by MrRenev
6
Airlines, bottlenecks and COVID-19!Have a close look at this very busy chart. There is a crisis in airline industry after COVID-19 struck. Some do not realise how serious this thing is. Expand and drag the chart a bit if everything does not fit nicely. The airlines are connected up to many things. I could not include everything. But for basic GDP when the airlines are hit GDP and trade are hit. Of course a big part of air travel is the holiday and entertainment industries. What his chart means really, is that a sizeable proportion of people won't be 'in the air' if they can't get a hotel or other accommodation. All that is very much linked up to ground transportation, and places of work (or entertainment). Your leaders can 'open up the economy'. However, it'll be like wheels spinning on ice - no traction. I have to let my followers know that 'I don't rule the world'. You all need to talk to a chap who has golden hair. LOL! I'm not flying anywhere for the next 18 months, even if I get an all expenses paid trip handed to me! Others can take their chances. The point is that lots of people may be thinking their life is more important than a holiday. Of course, if you saw protests in the UK and the USA, you would know that not everybody thinks like me. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
NYSE:BAEducation
by Captain_Walker
3
Where to Find the Best Trades? The Simplest Trading Strategy!Trading must be simple! It can be simple for everyone if you know when to buy and when to sell. But how to know it? It is obvious that the best sell trades should be at the top as well as the best buy trades should be at the bottom. In other words, when the market is overbought, it is the right time to search for sell opportunities. When the market is oversold, it is the right time to search for buying opportunities. Please, look at the daily chart of EURUSD. It is a simple example of what I'm talking about. We can see the top and 2 bottoms where we could have the best trades using the daily and hourly timeframes. And here, you should have a question: "How to be sure that the market is overbought or oversold?" Firstly, in trading, it is impossible to be sure. There are no 100% reliable signals and workable patterns. It is a fact, and there is nothing wrong with it. We must not have a goal to be right all the time. You can have 6-7 profitable trades from 10 and be in good profit in the long run. Secondly, there are different instruments which can tell you that the market is overbought or oversold. In this example, I used 3 indicators: Bolinger Bands, RSI, and Stochastic. I used RSI and Stochastic together just to show you how they work. It is possible to pick one of them and use it with Bollinger Bands. How to use these indicators and get the right signals for buying and selling? It is simple! When the price reaches the upper band and RSI/Stochastic is in the overbought zone, we can search for selling opportunities. The market is overbought, and it can give the best sell signals. When the price reaches the bottom band and RSI/Stochastic is in the oversold zone, we can search for buying opportunities. The market is oversold, and it can give the best buy signals. When the price is between bands, the market can move in any direction. It is not the right time for trading. Please note, this model is super powerful in range market conditions. When the market is in a trend, you must trade following the rules for trend market conditions. What type of trading do you prefer? How do you search for trade opportunities? Which tools do you use for it? Please, share your thoughts in comments! P.S. as I don't use like-bots and other solutions that show great "interest" to my posts, I will be grateful if you support my work by your LIKEs and comment. Of course, if you can do it. The feedback from REAL people is priceless! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Education
by DLavrov
37
Luckin Coffee - Game Over!- Pretty sad to see investors lose money especially when a company has fabricated sales and manipulated their numbers. Unfortunately this is going to raise a number of red flags for Chinese IPOs and other listed companies. Expecting to see more issues in this space. - Technically the price has tanked - not much to talk about here - no oversold reading is going to save this company especially if its booted off the exchange. - Don't put money into this stock thinking its cheap - and if you have money on the table - look to get out or maybe hold. In a normal world a private equity company or takeover would happen. In this case I think the Chinese Government or 'approved' entity will support it. - Honestly 2 big lessons here: 1 - Diversify your investments and Don't Bet Big on Any One Name!! (read Ray Dalio here) 2. Always know when to get out of a stock - have a plan and stick to it. E.g. 15% Dip get out or >200 day Moving Average.
LEducation
by Tuhi_Capital
5
The reason why trading IS gambling (Why it's important)Hello everybody and welcome, First of all, thank you for the interest you show. The goal of this content, is to empower you with the tools you need to shift your psychology and level up your trading. ---------------------------------------------------------------------------------------------------------------------------------------------- Before we start, let me just say that I do not have any product to sell. My content is free and my only goal is to provide valuable information to help traders being more successful and consistent when trading. ------------------------------------------------------------------------------------------------------------------------------------------------ Some explanation regarding the introduction above : What I want to emphasize through that example, is that often times, when trading, you will face losing streaks . It is inevitable and we can also assume that it is recurrent . It is important to note what happens in the mind of a trader : doubt . Why ? Because of not accepting the fact that trading is gambling. I know ... It might be hard to "accept" because people often times think that trading is all about skills, but it is not. Let me explain : When you trade, whether you are long or short, you rely on nothing else than other people to make profits. The problem is, you do not know if these people have the same convictions and beliefs as you do regarding what the market is going to do in the future. So there's randomness involved in trading because every moment is unique, i.e. it involves different people. But, if you have an edge, meaning a "strategy" that puts the odds in your favor (whatever it might be, trading pullbacks, momentum trading, morning panics, gap strategies, etc...) : YOU ARE THE HOUSE . You win over a LONG period of time no matter the outcome on a trade-to-trade basis. Now, considering what we just said, should we care about what is going to happens to the trade I highlighted above ? Absolutely not. Why ? Because we have accepted the fact that the distribution between wins and losses is RANDOM in the market . Therefore, whatever the outcome is, we know, that we will be profitable in the long run. Why does that actually matter ? Well, it matters, because as I stated above, traders doubt when they encounter a losing streak. They question their edges, their skills, they start questioning their rules and strategies. What is likely to happen ? They blow their account. Fear, the biggest enemy in trading Apart from doubt, the trader that just has gone through 4,5,6,7 or more losses in a row, is afraid. He is afraid to put on that next trade, even though that trade could be a homerun and wipe all his losses. Fear paralyzes us, it reduces our focus and narrows our attention to what we fear the most. You probably recall the time when you put on a trade and you kept bagholding a loser, you were paralyzed, you just couldn't sell. There's a funny thing that happens everytime when you hold on to a loser, whenever you decide to sell, the market bounces back. This is because you are not alone on that boat and human psychology is universal. Once you have accepted that, you will be able to focus 100% on your actual trading errors, which are related to your knowledge and your skills. You will never doubt or have a moment of indecision if your edge appear on the chart. You will take the trade and don't care at all what happens next, because you know that trying to figure out if it's going to work or not has no sense. Thank you for taking the time to read me. I really appreciate that. Make sure you comment below if you have questions or just wanna add something. Thanks a lot, MyTradingJournal
BITSTAMP:BTCUSDEducation
by UnknownUnicorn6734025
4
I knew it... And I sure am not coming back to crypto!Bitcoin is not a currency, no companies are doing business with it and using the market to hedge. There is no commercial whales moving money around, and no central banks regulating it either. And so the price behaves differently. Gold doesn't have a lot of import/export currency management, but alot is similar, central banks and sovereign funds are major players. As gold goes up I expect it to behave more in a "speculative way". EURSEK did "top at 6000" as it should be! They call FX a "complex and efficient market" no that is wrong. It is simply a - well yes more efficient market but - a market without hordes of bagholders and bottom chasers. I think that 95% of the time the Forex market is random, but the rest of the time it's pretty predictable I guess. Much less noobs, and this is why regulators hate Forex and want filthy casuals to avoid it entirely. This is just 1 price move I know, but it is yet another example of how BTC is different. What is the point of learning to trade crypto? 90% of what you learn will be lost and can't be transmitted to other assets when the ponzis fall to zero. Or perhaps that knowledge and skill and experience can be useful... Trading hyped stocks and future speculative bubbles with very high retail participation. I'm not a stock expert and clearly I'd rather continue to OTP FX (+ macro commodities), althought I plan on one day investing long term in stocks maybe even speculate short term on those. I would even go as far as saying... Someone reminded me of Pacific Ethanol today, good memories. They were in the news recently, more money problems. Markets are abstract, speculating is the most abstract activity there is involving markets. 90% can't understand something as simple as buying high and selling low. "Ooga booga first degree you have to buy low and sell high tihi it's obvious" Simpletons like this do not stand a chance in stocks & crypto already, so Forex that is "harder" they don't even stand a crumb of a chance. "Muhahaha every one thinks Bitcoin is going to zero but I noticed that last time it went up haha I am a genius visionary no one thought of that I outsmarted them all" I don't know if it's sad or funny. As Jean Claude Van Damme said "they are not aware" ;) If you want to learn more about this you have to be sneaky and ask or search for something like "when intuition is wrong" not "morons that don't understand abstraction" or so, "oh it's ok to be wrong it doesn't mean you are stupid" because no one will ever admit they are an idiot and no one thinks they are anyway. It's like in South Park where 99% of the town men have a certain part of their body "well above average" 😆 Every one's above average, sure, this shows how smart they really are. "Every girl is beautiful, well above average" kek. Maybe there is a girl that is so terrifyingly ugly she drags the average down, is that what they mean? Euphemism and comforting lies, always. But when you're too smart to believe those... Have to look for dumb beliefs centuries old because most people dumb beliefs of today are actually the ones that are correct.... Lmao takes the average person literally centuries to understand something. I'd like to meet the magicians that have plenty of signals in choppy markets. They're so good that they aren't more active during major trends, they produce just as many ideas in dead choppy markets as in ultra trending ones. And they almost all sell something. Jesse Livermore about 'experts' and 'teachers': "makes his money from selling trading books because he can’t make money in the markets." The simple facts that these signal services are not more or less productive in changing market conditions, and their systems don't change, is just so hilarous and a huge red signal. I might short Bitcoin Monday but I'm not "coming back", just taking a look here and there. Made some money when I bought 10 days ago with 10k as a target, got kicked out way before 10k because I trade it as Forex and run for the exit quickly. Crypto Bagholders are right about something: money is made by holding. They don't understand exactly what they are saying. They are right that crypto has big pullbacks, in either direction, and to stay in and extract as much as possible from trends one has to sit through very big pullbacks (ewwww). Reward is large but risk too, there are no free lunch. But where crypto investors trully amaze me is that while they "understand" that crypto has really deep pullbacks, they rush in to buy at the slightest dip. Should I just short the pair? What's even left of the non swedish europe? I think I'll just make a small bet, been right and missing out alot lately.
Education
by MrRenev
18
5 years lawsuit: Guess how much "investors" got back?Before giving the answer, what happened? Apple had sapphire glass on its home button and camera. They lend money to their supplier, GTAT, a few hundred millions. Absolute masterminds had the genius idea that if Apple was going to have their phones whole screen in sapphire then demand skyrockets and share price goes up... infinity? Oh and this "investment" was "a sure thing". Well the company exited the business, shut down its plants, sold off its furnaces and announced plans to settle its debt. It gave back to Apple most of the money. Apple plans were to use sapphire for their watch apparently. People can't speculate they shouldn't even try. They're so delusional they think they can. Apple agrees to settle GT Advanced Technologies lawsuit for $3.5 million. So, bagholders that got rekt did the thing these losers always do: whine to judges. They filed a lawsuit saying GTAT was partially responsible for a "disastrous deal" costing "investors" more than $1 billion. Remember, that "disastrous deal" is what got them all excited and investing. "GTAT’s former top executives settled for $27 million and its underwriters for $9.5 million." ==> Total bagholders got around $40 million, compared to the estimated $1 billion they lost. 4 percent . If you are wondering, cryptos are not regulated are not run by anyone and investors will get 0% back. Good luck suing computers. Here is a "heartbreaking story" of an "investor" that lost everything (gambling most of his life savings on a rumor): www.businessinsider.fr Try not to laugh challenge. "I cried for 24 hours knowing I ruined the future for my family," wrote Cooper. It would probably be severly condemned by society if someone would start laughing hysterically at this announcement? I couldn't hold myself. I remember hearing bagholders of some stocks complain that lawyers were laughing in court when they told their story. Can't remember what it was in particular, and search engines are useless, and these stories don't get advertised too much. Might be a dumb rumor. And I wonder why rekt investors stay silent. Interesting chart. Remember what studies found "high IQ investors tend to have better results due to diversifying more". I'm more of an OTP and disgusted by "investing" in 50 companies or holding 30 trades at any given time, but going all in on a single trade, or investing entire lifesavings on a single company, not even just a single sector or correlated assets, literally a single company, that's just so dumb. Guess what? OF COURSE THE GTAT INVESTOR FORUM GOT REMOVED! Come on we want to learn from their mistakes, and have a good laugh at the same time. Investors sued them so they wouldn't want to keep the forum open, plus they're not public like they were anymore. And who was pushing apple suppliers to retail investors? Good old Cramer ;) Imagine a business that isn't diversified at all, that has only 1 client, on a recent technology that can change anytime. Now imagine retail investors - known for "averaging down", never cutting losses, never hedging, and going all in at once (😆), not understanding what they buy, being emotional and following the herd.... buying those businesses! I might be into macro speculating but even I know that a business like this is risky and certainly not something to go all in in. Here is an article that has screenshots of rekt "investors": www.joshuakennon.com That's run by an individual not a company, and he puts investors in quotes like me, good I like this guy. He probably cracked up and laughed while laughing. He can only be a good person thought, he's gay. Maybe I should pretend to be gay to be considered a good person. And also do some "philantropy and charity" (biggest scams). Telling people about this will help as opposed to being an emotional "carer" that "wouldn't dare laugh at others misery" and is telling every one to get all excited and telling them about the time Bitcoin went up 5 million percent or some crap, and "positive" let's just focus on the 0.1% of companies that went way up and ignore the 99% that collapsed completely, that'll help novices / noobs make the right calls! So many destroyed "investors" that "bought in cheap". You can make so much money when you buy high and sell low, and inversingly, you can lose so much buying cheap and selling high. If regulators want to do something useful, and not discriminate (based on IQ or education or anything), just prohibit leverage to those with less than a few years of experience or less than a certain number of operations (and not for EVERYONE including profitable participants over a great number of operations!), maybe even set a rule limiting novices position size to 50% of proven assets. I don't think there's really a point to protect very dumb people savings (must hurt to work 25 years and then lose it all at once lel), but regulators want to, so do something smart. Regulators are the ones that can't make money speculating or investing, and not even writting about it, so they regulate, and therefore they won't be able to come up with solutions and are always too late too useless etc. A little story about r-words that lost everything they saved (£180k at 50 yo) gambling on stocks to "get their money back" using borrowed money (leverage): www.telegraph.co.uk I heard so many times "I lost money investing so I started trading to make it back" in particular in crypto. If a family member or close friend said this to me I'd insult them, prob hit them actually. Hard to stay polite with that amount of stupidity and delusional. And I heard stories of people that got shrekt in bubbles, got their money back, and quit at breakeven. I heard stories of someone that let someone close trade their money (a pro (pro means wagecuck) trader), make a killing - the one trading it, and the second the amount they made was equal to the amount they lost they pulled it all out (these people really deserve to get wiped out). As investing becomes more popular to anyone (anyone... can you imagine), the rekt stories are more common. The average person is deeply stupid, now imagine that half of the population is worse than that 😐 And they can all invest speculate and have access to all sort of tools, including borrowing money. There's just going to be more and more regulations, but those come slow. It's kind of pressuring profitable traders that don't yet have accounts bigger than say 100k to take more risk to try to make money faster. Charlie Munger said you have a 20 slot punchcard, but some people manage to end up with a single slot punchcard (it was Charlie that said this right? Every one is crediting Warren Buffet). John Templeton had bought 104 companies shares when he started but that was a protection against ignorance and he was a macro investor, maybe I should follow his example then. Alot of very successful speculators make big one sided bets rather than diversify but first of all it's usually macro, and second of all they are diversified in time, they use stops, they don't go all in, etc. I don't know that many investors, and the only recent ones are from movies and tv. About Michael Burry: "Burry was speaking from experience. According to his own blog posts, he too started with an ultra-concentrated portfolio, around four to six stocks, but as Burry's strategy developed and he grew as an investor, so did his portfolio. Soon, the number of individual positions had increased to nine and then later, this number went up to 18." Well Buffet says he'd be very happy with just 3 or so stocks but he is longer term, and he would still have cash and probably some bonds too. And he wrote "10 to 30" (not just stocks all investments). Michael Burry is right in that range. I might just use indices tbh, but when i finally invest I'd just go for a few, really few. 3 to 5. But 1 can mean "30 companies from a country I want to invest in" I would be betting on the country economy not on 30 different companies. I think I'll always have some cash. You can speculatively buy & sell using borrowed money using investments as collateral but I'll have cash in accounts anyway. About those "investments" it can be argued it was or was not stupid. We can talk about doing your research. About not averaging on losers or "buying cheap". But 1 thing cannot be argued: Dumb money is the money that goes all in a single company with no rules, and it's not called dumb money because they are intelligent but unlucky. Rule number 1 = Don't lose money Rule number 2 = Never forget nb 1 Rule number 3 = Don't go all in / Invest in at least 3 issues / set a maximum risk per investment that should always be less than 33% (and 33% is so huge). Graham's largest gain was from GEICO, which his Graham-Newman Partnership purchased 50% of in 1948 for $712,000. The position grew to $400 million by 1972, contributing more to the portfolio than all of Graham-Newman's other investments combined. Oof don't diversify too much. Graham, one of the very very very rare book writter and economist that actually made money. Oh no wait, the only one. They call him an economist but he finished university at 20 and went to Wall Street, yet another success that didn't waste too much time in useless school go figure. Going to university was pretty rare back then thought. Diploma inflation hit hard. When I think of how many years I wasted for nothing... Some people don't even risk 100%, they borrow and risk more than 100% MYGAWD. R words. R words. Absolute rwords. "When you combine ignorance and leverage, you get some pretty interesting results."
GEducation
by MrRenev
15
[Edutertainment] MUH BAGS: Tesla bagholder quotesWhy even bother analysing companies? I'm really starting to think looking at investors psychology and the noise around a company is all we need. The time has finally come. Tesla has finally reached the euphoria turned denial phase, the baggy phase. I'm really starting to want to short now even with high short interest. I have no access to options and less leverage than FX & Futures (thanks for protecting me against the risk of making money). I'll have to look into it. If I have to lock my capital to make less returns than usually then what's the point. Still, I am interested in this, and I keep learning, one day I'm sure I'll be more diversified and will be trading stocks. We are in the typical not sure how to call it, the typical cycle phase thing. Next step is retail investors "buying cheap". The institutional FOMO buying bubble has popped, and I don't expect a drawn out distribution like 2017-2018 because institutions do not baghold like retail. Witness how media & Hollywood that were praising him and had a big role to play in the success of the stock, are going to do a 180 and hate on him and work to destroy the share price and turn EM into a public enemy. So we are now closer to the typical process which is described in the textbooks with back to normal, institutional selling followed by retail bagholding. Can go fast can not. Considering using a stop loss and a time stop. Here are a few quotes that we see in these situations: Long one but really good, and very typical: Dumb money at its finest. Ok that's enough. I'll leave the final word to Elon, the "anti science conspiracy nut": "What I find most surprising is that CNN still exists" - Elon Musk
NASDAQ:TSLAEducation
by MrRenev
20
HOW TO recognize TRADING RANGE - TREND is your FRIEND!Hi traders, I didn´t open a trade yesterday, so I decided to record an educational video for you. My favorite topic (and very hard to implant for many traders) is TRADING RANGE. The most most most crucial ability is to recognize if you are in a Trading Range or in a Trend. Every stage of the Market requires a different approach! You can find a lot of complicated tools on the web that describes Ranges... Why make things complicated? My tool is simple - Swing Highs and Lows. They tell us everything about the market. I focus on the theory followed by examples on the SPY ( AMEX:SPY ) chart. Happy trading! Jakub FINEIGHT
AMEX:SPYEducation
by Fineight
2
They're all blaming the meltdown on the virus...Looking at the numbers, if the establishment - and this includes Trump - are right, stocks should have gone down 9500% in 1918. Now everything is shutdown so earnings will go down you might argue. During the spanish flu many american and euopean cities were in shutdown, businesses were closed, I don't have the exact numbers but I know many of the largest cities shutdown. Oh and most deaths weren't old and sick people, the majority of deaths occured in the 15-40 years old range, workers. Masks were mandatory in alot of places. Public gatherings were banned... Looks pretty similar... A difference: Walks and breaths of fresh air were also encouraged to help stave off infection. 1 quarter of the planet getting sick and tens of millions dying is a big deal. Every time they find some news to use as scapegoat, AFTER a move, always, they find something, some reason for the price going up or down. It's hilarous. They bring these economists on tv that are wrong all the time, and look at the news to make explanations, they make those risible arguments. I could not be on tv because I'd crack up, how do people not see this? They always come up with made up random reasons for something, and so why didn't those reason have the same result other times? They're like BTC mouth breathers that were calling for new highs when the "big institutional futures are launched" which was of course the top so at least it had some impact. The funniest one was consensus "last consensus it went up" after the previous consensus the price went up and noobs self proclaimed experts just went "duh well happened at the same time duh must be a consequence" of course I made fun of that call and told everyone it would be a flop, was ignored mostly, insulted a bit, made fun of. Aaaaand I was absolutely right as usual ;) It's not exactly the same thing (not looking for a reason but expecting something) but reminds me of the mighty bakkt bull market LOL I told the bagholders it would fall shortly after the launch... "You have no clue what you are talking about if you actually think the price will fall" they used magnet logic I don't even remember the ridiculous claims the baggies were making, they sure were persuaded of being right thought and sure were many of them: Now they are expecting a big reaction to "The Halving™", my prediction is a big reaction when the price Halving happens. Going to be right as usual. Last 2 halvings the price went up and they randomly decided the halvings were the reason because magnet logic. And again "you have no clue how this works it's impossible for the price to not go up" and "put your money where your mouth is" and magnets. There was 1 thing missing in this everything bubble, 2018 was too early for the crash, and we now have had this 1 missing thing: The retail euphoria phase. Wasn't that violent, but a bit, with all the robinbros, and the "keep buying it will always go up if you bought 20 years ago you made 20% averaged" dogma. You have to be a skeptic to make money. And have common sense. So much more than others. So much more that it's impossible to find on the internet a list of stupid claims by tv to explain stock market moves. Have to learn this on your own. What is certain is economists and tv shows and journals and every one have absolutely no clue on anything, their odds of being right about what fundamentals drive a market are the same as if we'd ask a monkey, their top and bottom calls are more wrong than a monkey throwing darts at a target, they are super bad super wrong and nothing they say should be taken seriously. Incompetent dum dums wrong about everything all the time have power over our lives so that part isn't very funny, but smart people can play around it, deal with it. The ponzi is bursting from everywhere and they can't find enough duck tape to close all the holes. I will laugh hysterically when they try to blame everything on the Coronavirus. I will start crying when I see dumb money and other random stupid people believe it all. I want to add: There is no place in this business for people that do not want to spend daily hours reading & accumulating a ton of info and sorting throught it. CNBC is the answer to all the lazy people that want to shortcut the path to success. THERE IS NO SHORTCUT TO SUCCESS. The only shortcut is the shortcut to failure. It is not hard to make it without critical sense and without spending time reading analysing and memorising, it is IMPOSSIBLE. It cannot be done at all. Non negociable, it is 100% absolutely impossible (unless you have insider info or a crystal ball).
TVC:DJIEducation
by MrRenev
8
SPY - MAGIC SUPPORT/RESISTANCE level - Market will STOP thereHello traders, after Easter, we share another educational video. Today´s topic is focused on drawing support and resistance levels. Many traders draw LINES and they think the market will bounce exactly from that level. The truth is, you can never do that . Instead, it´s better to understand the S/R level as a zone WHERE you can EXPECT some activity. Nobody cares if the market breaks the trend-line by few points. What really matters is if the breakout was respected or not. The example is explained in the AMEX:SPY market, which is very well known but you can use this logic in any market. Have good trading. FINEIGHT team
AMEX:SPYEducation
by Fineight
4
These are the same but then they are also not. Solvac EURONEXT:SOLV is a mono-holding, it owns 30% of $SOLB EURONEXT:SOLB So I imagined they would both go up and down the same amount. However, they don't. Interesting. I imagine the reason for this is that SOLVAC is owned mostly by the family that used to fully own Solvay chemicals. fun side fact SOLVAC also pays a higher dividend which is interesting. It's interesting to see what this company does. For example, It is selling a lot to airline manufacturers and was counting on 40k new planes being ordered this year. hmmm logically they withdrew all that guidance. Will take a second look at them over the weekend. Rabbi
EURONEXT:SOLVEducation
by RabbiJacob
BitcoinSymbol: BTCUSD Here is another tool that we have to share with you. Long green dot and short red dot. Find more details about it in our scripts on our trading page. ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Also checkout our trading indicator available in the link on our page. --------------------------------------------------- Thank you for your continued support, God bless. - Major League Trader
COINBASE:BTCUSDEducation
by UnknownUnicorn2319099
SPY - Trade what you SEE, not what you THINK! *FEAR*Hello traders, it is worth looking at the psychological problem that appears during this tough time and that´s: "Trade what you see, not what you think" Many traders forget about their trading plan and try to change the rules to adapt to the current situation. The problem is, that nobody knows, what will happen tomorrow, in a week or month. Markets sometimes behave "irrationally". Why quotes? Because who decides whether the crisis is over? If you have backtested the Strategy, have an analysis of it and have not counted on the fundamentals (news...) during the backtest, why do you want to implement them now? The answer is simple - FEAR! Forget about it. What gives you the confidence to follow your plan? Analysis, backtest, real trading. You know what to expect from your strategy. Keep in mind - Who keeps changing course is not going anywhere... AMEX:SPY ES1! Have good trading, FINEIGHT team
AMEX:SPYEducation
by Fineight
4
How i know what stock have a good future in a crisis - TutorialHello, Some people asked in Telegram / PM how i know what stock will go up and which one should them short or long. I made a list about the different sectors of SPX 500 if its needed to go bear or bull on it. After you choose the sector you need to check the ADX of the coorporation, it need to be strong and always remember to chose the strongest coorporations of the sector that you selected. Here is the graphic: imgur.com You can see my last charts that i did green on almost all of them. Hope you liked and helped to you! Please follow me to keep doing daily analysis for free! Thank you so much! Regards,
NASDAQ:ZMEducation
by aleex5893
Virus spread/Bacteria poluation/Ponzi scheme lifecycleThis is the most important chart of the next 12 weeks. It always follows a similar pattern. Top can happen at any time, but with the temperature spike of this week (right as europe & usa quarantine started) + lockdown + sun, it could be close actually. One thing is clear: Fear is profitable. Can also lead to huge losses. And at what point does it just become random gambling? Noobs will chase every move, or not cut their losses, or have a losing strategy, get emotional, either way, will get rekt. The top can look many ways, like a weak diagonal up, flat, flat on average, sharp V, etc. Here is the example of a ponzi scheme currently in the stationary phase: Goldman sachs is calling for a Q2 growth number of -10% or something like this heh :D The worse could be over, actually I totally expect the stock indices to have bottomed (for now) and go higher. BTC too. Traders of course secretly wish it gets way worse, and are angry at politicians trying to save lives - allthought their actions do more harm than good and will hurt the economy badly which is good for us. I won't lie, like I many I have dreamt (literally) of a catastrophy like this a few times. It's not that bad which is a shame, but it is something. We are not here to look like caring people, we are here to make money at other's expense. What a wonderful period we are going through ^^ Every one is so afraid, terrified, reverting back to full reptilian brain (as opposed as only 99% usually), their primal fears are emerging, they do not make rational decisions, they would sell an obvious bottom at all time low Price to Earnings, allowing non-reptilian brains ("polite" people call it non-emotional) to make big profits. Also moves are super violent and one sided, barely any retrace. HUGE rewards to risks. Fear panic death and misery is very profitable. And looks like it could get worse and much more people could get sick, lose their job, et caetera. AWESOME! For the next weeks the driver I guess will be this chart here... Let's check back on this every few days.
CEducation
by MrRenev
10