Live stream - The Trade Off UK: Re-Assessing Markets After Data After last week's volatility & jam-packed eocnomic calendar, cross-asset volatility has surged, as traders rip up their views and reassess where we stand, and how central banks may react
Plenty for Michael Brown & Ryan Littlestone to discuss and debate,
Community ideas
What I've learned after backtesting So, I love backtesting. Recently I've found my self in a 3% drawdown and needed to figure out what the cause of it was and trading at this moment won't give me that answer.
So, I decided to backtest.
Here is what I found:
1. I'm overtrading my system
I am a proud swing trader who got back into scalping the market in December 2022. It was mot my idea, but I thought I could handle it. I started out great, but then the market reminded me why I left the lower timeframes.
2. I'm not holding my trades long enough. Thanks Prop Firms!
Since joining a prop firm my mind has been changed to holding trades for less time than I normally would. I don't mind holding trades for weeks or months, but prop firms give you time limits during evaluation periods.
That was and still is a huge adjustment for me. Being a swing trader means I have to let my profits run. So, now, I've found a prop firm that will allow me to hold my trades with no time limits.
3. Not holding trades to my weekly and monthly targets.
I need to see past my daily targets. Normally my daily risk to rewards are between 1:1 and 1:2. I'm in drawdown because I'm not recovering from my losses with these risk to rewards.
So now, I'm only taking trades with RR over 1:2 and better. This way I'm trading less, holding longer(sometimes), and getting the best bank for my buck.
Backtesting helped me see my mistakes and how to correct them. This is called fixing your strategy.
Notice how I'm not changing my strategy. I'm tweaking my strategy to fit my mental capacity and trading style.
If you find you're in a drawdown and can't see, stop trading and backtest what you're currently doing and find a way to stop the behavior thats causing your drawdown. Then, stop doing that particular thing so you can see better results.
I pray this has helped you.
Let me know your key takeaway by commenting below.
Meta and Tesla Priced richly again, dow ignored, fear lowForward growth seems to be priced back into these hot high volume in the news stocks. Both Tesla and Facebook/meta have almost doubled in the last month.
Dividend dow is not shunned and ignored as hot stocks are back in style.
Fear in vix and junk bonds is low.
POST FOMC Analysis For The S&P 500 ES1!For traders it's not about what the Fed does or is going to do, it's about how the market reacts to what the Fed does. Today the FOMC raised rates by .25 basis points and the markets took off. As of right now the bulls are in control, but for how much longer? In today's video I go over how I will determine a market top and ways to tell if this rally still has legs. I use auto anchored VWAP, Bollinger Bands, and the RSI.
Past performance is not indicative of future results. This is for educational purposes only. Derivatives trading is not suitable for all investors.
Strategy Coding E01: Adding a custom Trailing-StopIn my experience there are phases to creating a strategy. In this episode we will cover one of the most important steps: establishing an exit strategy. Exiting a position is crucial to risk management. If your entries are terrible but you have a good exit strategy, you might get by and not lose a lot of your capital. And vice-versa, if your entries are great, but your exit strategy is terrible, you my not make any profit.
Concepts we will cover in this episode:
Integrating an indicator value as a trailing stop.
Lowering the trailing stop sensitivity by using the Average True Range (ATR).
Customizing the ATR value.
Brief introduction to 'modules'.
Short-term up with range later in 2023Why market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Content:
. Why market is entering into a short-term bullishness? (Fundamental & Technical studies)
. Subsequently the market will enter into a range (Fundamental & Technical studies)
CME Micro Nasdaq Futures
Minimum fluctuation
0.25 = $0.50
1 = $2
10 = $20
100 = $200
1000 = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
BTC Detailed Top-Down Analysis - Day 127Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Playboy Stock Options trading - Rolling puts into sharesSummary: picking through the garbage to see if any value left for future. bankruptcy or big move in 5-10 years. Rolling short puts into stock for potential change based on new catalyst of joint venture.
key concepts:
Sizing- Having enough but not too much of an investment idea in a portfolio.
Risk/reward- Assigning probabilities to various up and down scenarios. Choosing exposure based on opportunity.
Expected returns- Factoring most likely outcomes of decisions and positions. Long options vs stock for example.
Survivability- Choosing a trade structure or vehicle that allows ability to endure wild adverse moves.
FATSO- 5 level of analysis acronym.
F- fed not pivoting yet, but hints at easing and market likes that.
A- accounting wise plby is beat up and priced for potential bankruptcy at low price/sales, price/book.
T- Technical trend shows its still in downtrend, some volume accumulation, way below 200 day ma
S- social sentiment, used to be popular meme stock, some young crowd still follows, did nfts so associated, low hype now
0- options view is still very volatile, high IV, stock price is so low that trading the options doesnt make much sense
*stocks below 5$ are penny stocks, so many institutions cant even hold the shares if their mandates wont allow.
warning: penny stocks are risky and will lose you money. this is not advice. you will lose money.
HOW TO: Identify Stocks That Might Have More Significant Upside Just thought I would share one super simple way that you might be able to use the TradingView screener to look for companies that have been more significantly sold off than others and - IF - they do recover to their old previous highs which ones might have more upside potential to them.
I am only using Market Cap to sort them initially in this example, but you might like to add in financials or filter them by industries or sectors or whatever your own personal criteria is.
Who knows which way the market or individual stocks will continue to go. Recover or Collapse. The goal for this exercise is to simply end up with a list of stocks that you would like to keep an eye on or discuss with your professional advisor to evaluate further and to be ready for when you think its time to re-enter the market or re-balance your existing holdings.
Hope you found it useful.
Tesla Analysis 26.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Live stream - Navigating Markets - Landmines Galore ft Pierce CrThere's massive event risk coming up next week, so don't miss this special guest episode, where Blake and Westy are joined by TradingView GM Pierce Crosby to talk about all things trading andTradingView's recent 'Best Broker of 2022' award for Pepperstone
The Basics Of Charting #1 - Secondary TrendsWelcome to the Basic Of Trading & Charting series on TradingView. I'm Ares, a crypto-head with plenty of experience in the market. I've made a lot of mistakes at the beginning of my trading career & with my videos, I want to help you avoid these failures. If you have any questions, feel free to leave a comment.
See you in the next one :)
Why You Need All Timeframes..Hey Guys,
As you may of seen earlier on my stream, we need to be using all Timeframes to be accurate when trading..
WHY? Well it's simple. Without them you are BLIND to the longer term market.
Short timeframes cater to SHORT TERM Trading. You cannot take long term trades or get a long term view of the market with short term timeframes.
So understand their true purpose and how to use them..
Watch for more.
SPY/IWM/ES: Preliminary thoughts for next weekPreliminary thoughts leading into next week.
I will do an official weekly post with the true probabilities/analysis over the weekend. But just wanted to share what I am seeing because the chart seems semi-clear at this point *knock on wood*.
Let me know your questions/comments and safe trades ahead!
Nvidia Analysis 17.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
