If you don't know your trading levels, then you don't have a game plan... The only time you're ready to trade is where you have the exit plan in mind through risk and reward as well as WORST case scenario... Are you ready to trade in 2023! My only tip for this year is go where you are appreciated NOT where you are tolerated. Trading View is such a special place...
A critical component relating to trading success is the relationship between your win percentage and your bottom line. Many new traders hold some extremely inaccurate views when it comes to what kind of win percentage is required to generate net profit, including the notion they need a 70% or higher win percentage to achieve success. This notion is wrong and...
I always recommend when it comes to bull markets, "nibble on dips, and enjoy the rips." No need for profit taking, but when capital needs to be invested the best modus operandi is to wait till price falls and confirms a bounce off the pivot points to the right. I want to put in your minds eye, your third eye an image. A warzone between warring Viking clans. I...
Now ichimoku is relatively simple look for buys above the cloud and look for sells under the cloud. so when we backtest that over our 5/5 winners with rvi we get two less entrys, however as a beginner to avoid them whipsaw movements that isnt always a bad thing. The cloud itself offers dynamic support and resistance based of averages. price breaking through the...