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Beyond Technical Analysis

The Losing Lesson #1In this first video of a series I intend to create, I discuss where I went wrong on losing trade today. I'm not sure if this trade will hit TP or not, but regardless, the lesson is still applicable for future trades. It's clear that a stop below the more significant swing low would have kept me in this trade but trying to squeeze out another R from the market was simply not worth it. Reviewing losing trades is just as important, if not more, than reviewing your winners. We can learn from these trades and become even better. Happy trading, The Meditrader
Education
by TheMeditrader
Gold - XAUUSD Trade with Heiken Ashi and AOTrading Gold (XAUUSD) Using Heiken Ashi (HA) Framework With the candlestick pattern, we will have a clearer direction in trend trading. Minimizing the problems that occur with the wrong direction leading to errors. On the video, we will clearly see the difference between the 2 candlestick patterns and the HA pattern. Entry conditions at the start of the trend Exit when changing direction of trend. Shown at strategy works well for all currency pairs and Gold. In the inspection area from April 1, 2021 to April 22, 2023 corresponding to 2 years. With an initial start of : 1,000 $ The result after 2 years is: 283 272.00 USD Growth: 28 327.2% Maximum Status Sound Level (Withdraw): 13.95% Win rate: 77.64% The script is in the development stage to be more complete.
FX:XAUUSDEducation
by izfxtrade
1
Bad Ass B-Bands Has Been Update to Include Magenta B BandsHi Everyone! Bad Ass B-Bands have been updated to include the Magenta Upper and Magenta Lower B-Bands. The Standard Deviation for each Bollinger Band utilizes Fibonacci math rather than the usual default deviations in other B-Bands. Purple Upper B-Band = + 4.618 Standard Deviation Red Upper B-Band = + 3.618 Standard Deviation Orange Upper B-Band = + 2.618 Standard Deviation Aqua Upper B-Band = + 1.618 Standard Deviation White Upper B-Band = + 1.0 Standard Deviation Magenta Upper B-Band = + 0.618 Standard Deviation Yellow B-Band Basis = 20 Moving Average Magenta Lower B-Band = -0.618 Standard Deviation White Lower B-Band = -1.0 Standard Deviation Aqua Lower B-Band = -1.618 Standard Deviation Orange Lower B-Band = -2.618 Standard Deviation Red Lower B-Band = -3.618 Standard Deviation Purple Lower B-Band = -4.618 Standard Deviation Level 60 within Phoenix Ascending Indicator represents the Magenta Upper B-Band. You may want to change the color of level 60 to magenta. Level 40 within Phoenix Ascending indicator represents the Magenta Lower B-Band. You may want to change the color of level 40 to magenta. Unfortunately, I forgot to mention in the video to change the colors of level 40 and level 60 within Phoenix Bands to a magenta color.
FEducation
by WyckoffMode
2
Price action vs Indicators =, Another lie in trading ? I did not go into the details of "lagging" as it relates to indicators. Which is a true statement but its a misunderstood statement in the trading industry because most people don't truly understand what that means and also there are a lot of indicators that are leading. However in this video when I say "lagging" I am referring to the general idea in fx that indicators are useless because they are using past data.
PEPPERSTONE:ETHUSDEducation
by ChristopherDownie
How To Trade the Triangle Consolidation Pattern!Hey Traders today I wanted to take a step back and show new traders the proper way of entering the market when it's consolidating in a triangle. Triangles are very common in trading and know how to identify them on your charts is a great tool to add to your trading arnsenal. Triangles can lead to explosive moves in financial markets so lets dive in and break it down to a science of how to trade it. Enjoy Trade Well, Clifford
COMEX:GC1!Education
by TradeTheIndex
36
2 Free Online Games that Have Helped Me Become a Better Investor2 Free Online Games that Have Helped Me Become a Better Investor. So Im in the middle of reading the " A Man of for All Markets" by Edward O. Thorp, and its fascinating. Hes a mathematician who proved there was a potential edge in blackjack (21) based on the cards that were left in the deck. He also went on to be investing fund manager who focused on covered calls and warrants and had a consistent track record for 20-25% annual returns. But his logic covered in his book focused on not only the odds of winning but the sizing of bets in both playing games and investing. Risk management and bet sizing is not spoken about enough in life I believe. In the age of YOLO and wall street bets, clearly its not celebrated enough. A YOLO bet is a massive bet because 'you only live once'. how silly mathematically and how foolish from a consistency basis. Been there done that. Bet sizing is key for survival. If you cant endure and survive long enough to be massively right, then your out of the game. In the video I share 2 games that I think are awesome for practicing these concepts. I really I had learned to play and practice these concepts in games like this in college or high school. Its a math simulation. the Coin flip game is fantastic for learning how to manage risk and bet sizing. The Cashflow game by rich dad poor dad is awesome for taking investment habits and cash managements and applying them into a mini lifecycle that rhymes with real life. If youre new to investing, or just sharpening your skills, I definitely recommend both games. Have a great day, Cheers!
SP:SPXEducation
by ValuePig
5
How to create auto trading bots for zero costHello Everyone, Following are the things we discussed 🎲 Minimal Components of Auto Trading System: Source where signals are generated Exchange/Broker where orders are placed Integration component which bridges both 🎲 In this example Source - is our tradingview system and a sample script which generate alerts. Do not use this script for trading as it is only created for demonstration. Exchange - We are going to use BingX exchange for this example as we only have this implementation in our integration system. Integration System - www.pipedream.com is used for integration. This is cloud based integration product which is very flexible. Platform also allows users to contribute towards the product. Hence, it is very easy for us to develop integration to any broker or exchange which has API support. 🎲 Limitations BingX APIs are fairly new and hence there are not much features. There is no option to place stop order. It has option to place only limit/market orders Stop loss is not possible via API 🎲 Steps: 🎯BingX - Create account and enable perpetual futures trading - Setup google authenticator and add valid email and phone. - Create API - it will ask for Google authenticator code and email and phone OTPs. - Store api key and secret key in safe place. 🎯Tradingview - Create a script which can send stop, target, ticker information as signal. - Study the existing idea about customising alerts for better understanding on how to achieve this. 🎯Pipedream - Create account and setup BingX as source (needs API Key and Secret Key derived from BingX) - Create Webhook trigger and capture webhook URL. - Provide this URL in alerts to generate alert messages which are sent to webhook by default. - Once alert is sent, load the alert in pipedream source and built rest of the workflow including calculate leveraged position and bracket order trades. - Once tested, deploy the workflow so that workflow will keep listening to incoming alerts to generate trades. Please note: the discrepancy in leverage calculation caused due to two things: Lower timeframe used for generating faster alerts. Since the volatility is small, gaps can be huge. The workflow did not run at once. Hence the delay caused rest of the issues resulting in miscalculations. These problems however will not come when orders are placed via alerts and executed automatically.
Education
by Trendoscope
43
An Introduction to Trading the Markets Part 3 - MANAGING YOUPart 3 of a 3 part Tutorial - Managing You. In this tutorial I help the beginner understand the different types of personality and to put in some tools to allow you to become a better trader. It's not an exact science, but if you can learn when to trade (and when not), if you learn how to manage the trade then you should have removed most of the 'noise' that can tempt the amateur to run their losses/cut their gains! But knowing your personality type can help enormously in generating consistent returns! Happy Trading
NYSE:DISEducation
by boyabouttown330