Strong TrendIn this case, the “buyers” are in full control of the trend
and there are only small bearish moments. It is very difficult
to enter the pullbacks because there will be only a small part
of them as the market will tend to push upwards. The best way
to trade in this situation is to pick up the signal at the beginning
or otherwise wait for a break out of the structure. This scenario
is called "Strong Trend"
Millionaire
Risk FreeManaging positions is one of the most important things
in trading. You need to know when to place a position risk
free and when to place your S.l. in profit. I always put
my positions risk-free when the trend breaks a key level.
From there, I change my S.l. every time the price keep
pushing
Fibonacci RetracementFibonacci Retracement is the only instrument that,
sometimes, I use in my graphs. To draw it correctly,
you must draw it from the lower point to the higher
one of the movement that you are analyzing. Once
the price reaches the 0.5 zone, you can place your
entry. Many like also the 0.61 level, you can add it
from the settings.
If you were filthy rich, would you trade daily?This is why this algo tracking approach works.
If you were rich would you spend your time trading or having fun? I mean, you've probably looked at charts long enough to see certain patterns that you like more or less. You have criteria for getting in and out of trades. And, you have fund to take some losses. A lot of people, basically, set up a robot to buy at-50% support (because that's most likely the bottom) and sell at +23% with a 70 RSI activation. So, a coin goes into overbought which indicates a possible swing high and turns on your bot. Your bot buys at -50% and then it sell at +23%. you'll see this over and over again. BEACAUSE that's what the rich really do, try to figure out how to spend their time having fun and not working. IE crypto Bot. 3commas.com has them. Just set and forget come back and you g2g.25% risk 73% gain. All we can do is follow the bots.
#LINK $0.0001 ORDER, estimated to 2 millions dollars nowCRYPTO TRADER GETS $0.0001 LINK ORDER PARTIALLY FILLED ON BINANCE
A trader who placed an order for LINK on Binance in January 2019, got extremely lucky when the asset flash crashed today on Binance. The trader’s order partially filled allowing them to purchase 900K tokens at $0.0001 each.
A "Set and Forget" stink bid that is over a year old partially filled on $LINK/USDT today at $0.0001 due to a large, single order market sell.
@cz_binance said on twitter: Just checked, the buy order was put in 2019-01-16, the first day the LINK/USDT pair was added. We didn't have the price band restrictions back then. We don't cancel user orders.
25th July 2016 - why I am not a billionaire! Yep - 25th July 2016 - I was asleep. So I missed my chance! LOL. If I had bet on the USD against the Argentine Peso going long, I would probably now be sunning out somewhere in the Maldives instead of hanging out on Tradingview! Chuckle chuckle!
I'm throwing this educational post up, only because I wanted to show that there are so many opportunities out there, that it is impossible for one person to find the most important ones.
I think Tradingview's community is an excellent place for people to share opportunities when they find them early enough. The great thing is that we're not competing with each other. We have a 'common enemy' or 'common cash cow' - which ever way you wanna see it.
This is a call to arms for all traders to cooperate and share more. Let's get richer together!
Best wishes.
Trading Psychology- Master your Mind and Money BY BEN WRIGHTSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Trading Psychology- Master your Mind and Money
Are you continually loosing money and not knowing why? For the past decade of trading the financial markets, I believe psychology is so vital to trading success. Below is a small snippet of questions that you need to ask yourself prior to entering the market so that you are in the best condition to compete;
1. Have I slept well?
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2. Do i feel emotionally and physically fit?
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3. Am i following other people's opinions?
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4. Am i following my head or my heart?
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5. Have i received losses lately? Should i be entering the market? If so do i have a drawdown procedure in place?
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6. Have I had a series of winning trades? If so monitor your behaviour and ensure your ego doesn't cripple your performance
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7. And many more...............
Let me know if you have any questions or would like to know more :)
Happy trading
"Rule number 1: never loose money. Rule 2: Never forget rule number 1." Warren Buffet