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BITCOIN BULL RUNThis is my personal look on the possible outcome for Bitcoin due to this current bull rally. Now that it has broken out and retested the 40,000 level we are looking at a new target of 48,000. Notice how the volume also supports this idea. We will play the long up until 48000 for intraday/week investment and if it hits the target zone i will be looking for a short term scalp short that DAY. I say that day because we all should know the strength of the bulls in crypto rallies and should take that into account. -Bitcoin is in a bull run -It broke the 40k resistance and retested -48k is the new target bonus: -possibility of 55k-New all time
BITSTAMP:BTCUSDLong
by dcoppens99
2
📚 Supply Zones: How to Identify and trade them?Hello Traders. Welcome to this Post about How to properly Draw and trade demand levels. In this post first post we will talk about how to draw it. if you can memorize the simple methodology, then you can start applying more advanced theories on top of them! Make sure to follow for more content Frequent Questions : How to Draw a Supply level ? When to Know when we have a valid demand Level? and Invalid level When a Supply level is invalidated? When to execute a trade in a valid area? ----- How to Draw it ? You just need to start with current price on the chart . Then look left and down until you find the origin of a very strong drop in price. Understand that behind every drop and strong mouvement someone is behind leaving a footprint. Identify the base and mark it from the messy top of the base to the extreme bottom. When to Know when we have a valid demand Level? Rules: When you have a very strong bearish monthly structure , supply levels tend to be accurate a stronger. In downtrend they are valid but less accurate. By other side we like to trade the first retest. The more a zone is being tested the less accurate it becomes. When to execute a trade in a valid demand area? → It is possible that price retest the zone. If that happens , from my experience you need to combine multiple factors. One of the most important is the fundamental. when you have a strong fundamental trend confirmed , then a pullback into a supply level in a strong downtrend structure is valid. By other side when you have valid micro signals in a valid macro sell zone then, probably price will be using the supply level to continue to the upside. When a Supply level is invalidated? ❗The purpose of Supply levels are to push the price to the downside. in that way a supply level is invalidated when price cross beyond the base . By other side if price consolidate a lot in a strong supply level and slowly start to break the zone keep in mind that the price can slide up and totally invalidate the supply zone . make sure to only trade the first retest of the zone. Never trade MULTIPLE retests ❗Watch out for the big time frames trend I hope this Educational Post was helpful . Make sure to follow and let me know in the comment section if you trade supply and demand ? have a nice day!
Education
by AIRFOREXONE_
11
The Evolution Of A Profitable Trader (Educational Idea)Hello traders , make sure to read this post . This is probably something that everyone need to read if he or she want to jump into the next level. Please Like to make this post reach as much as possible traders in order to Help the community. With that being said let's jump into the explanation. The average human is not wired to properly trade the financial markets. We are wired in the worst way to be a good profitable trader. We are emotional human being by nature. As a trader you are 100% responsible of your results. You cannot blame your mentor the market or any other person because you are the one behind the ''click'''. No one can manage external parameters more than you ( you can manage when to open close how much to risk etc...) This should be a very transformative post , and you should take advantage of that and use it to begin your cycle of positive momentum. Just like we are able to exponentially grow an account we can also use this opportunity to trade properly and compound your own results 1 stage : Self destructive Trader In this stage , you do not have rules , you do not respect the money Management and you believe in the holy grail. You are here to make money because you think in that get rich quick solution. Most of traders in this stage believe that there is a magic solution that it's going to make them money. Most of these traders tend to blame the market the mentor etc... They have so many back-up bridges available for retreat. They have a backup plan if it doesn’t work out and their attention is scattered  across different areas that won't help to improve. They are already preparing mentally for failure. These are the part-timers GAMBLERS. They have a Plan B and C and on and on to the last letter of the alphabet. They doubt their decisions and jump from one thing to the next. How many traders have you seen changing form one strategy to another? from one class of assets to another? , from one course to another technical course? In order to become profitable you should know that the outcome does not come from the market . You are the Problem and good news you are also the solution. In the related section you will find post that is going to change your trading. just follow us for more content. 2 stage Booms and Bust Trader. In this stage you have probably lost your first account ( like me at the beginning) , you realized that all they have been told you about the markets it's real. you can make a lot of money and you can lose a lot of money. Most of traders stay in this Stage sometimes for years. You already have a trading system , but most of your problems come from your perspective and your actions. Between the perception and the action there is a space and it's up to you to chose the response . You must learn that this is not a get rich scheme. You need to understand that you need to build subconscient proper trading habits to PROTECT YOUR ACCOUNT. 3 Profitable trader In this stage you probable have overcome the worst moments in your trading carrer and you realized that you should play with probabilities . In this stage profitable traders have a probabilistic approach that a few minority of the traders use. This approach is not based on predicting anything; rather is a precise pre-defined system of pulling the trigger when your system or edge presents itself, and the outcome of the trade is irrelevant Win lose , Breakeven , who cares. You don't focus or you don't expect anything from one single trade rather you focus on the outcome of a series of trades. You effortlessly pull the trigger no matter what when your charts meet the criteria of your system or edge. We take a series of trades, and we are entirely focused on the outcome of the series, and NOT the outcome of each individual trade. The outcome of each trade and attempting to predict the outcome of each and every trade is an non sense battle because humans are designed to expect what they predict. It is difficult to implement your system or edge in the markets flawlessly if we become attached to any one single prediction. Like most of those retail gamblers that expect everything believing that their life depends on one single trade. we do not know what will happen next; we don't need to know what is going to happen as mark Douglas say : the only certainty is the markets uncertainty. Hope this post was helpful , make sure to follow and support this idea to impact more traders. What advise would you give to someone in order to become Profitable? Comment your thought Please do Follow and Like this post in order to support this work. AFX1
Education
by AIRFOREXONE_
21
BITCOIN: Relax and Buy the DIP?? (Comment your Thoughts)Hello traders, To be honest I'm not surprised about what happened today. It's part of a normal market cycle. UPS AND DOWNS. Fear and greed moves the market. the moral here now is to understand that impatient people pay patient people . Use this kind of experience to extract valuable lessons that are going to allow you to become a better trader. No matter your situation there are many lessons to keep in mind here: -Did you bought later? then you probably bought when the media attention was screaming euphoria: this is a good moment to sell . -Did you lost a lot of money? they probably you put money that you cannot afford to lose. Did sou sold all your BTC? they you probably need to learn to control you emotions. -Are you suffering because of Drawdown? they you are to attached . Stay Calm, collected , Impressed by absolutely nothing. Market moves in cycles , what happened Yesterday happens today and will happen tomorrow. Be prepared for the next bull run .... (Comment your thoughts )
BITSTAMP:BTCUSDLong
by AIRFOREXONE_
11
BITCOIN: about to make it or break it ? (comment) Hello traders , here's my point of view about bitcoin. I'm not attached to any biais , I don't predict I just react. As you can see price is reaching a very strong level( 42.000) . This level is in confluence with the 200 daily ema , but also a demand level and a strong previous high. By other side we can see that we have a very strong AB=CD. I agree with the point of view of my trading partner that use the same kind of strategy + elliot wave ( link will be shared in the comment section) . By other side , many other influencial people ( entrepreneurs ) are supporting bitcoin. Yesterday for example: Tech entrepreneur and Myspace cofounder Tom Anderson took to social media to share his reaction on the latest crypto market correction which pushed the price of bitcoin (BTC) below $43,000 on Monday. Cheering up worried and agitated crypto enthusiasts, Anderson tweeted “Buying The Dip” and attached a laser eye meme of himself. Of course , If price break all this zone , yes BITCOIN can make a strong eventually reach 20k or less. by other side if this zone attract investors and we see some technical confirmation this zone can make the price bounce . Let me know in the comment section what do you think about it , is bitcoin going to drop or bounce 🛑Disclaimer🛑: The content of this analysis is subject to change at any time without notice. Trading leveraged products carry a high level of risk and may result in you losing substantially more than your initial investment. This is not financial advice
BITSTAMP:BTCUSDLong
by AIRFOREXONE_
26
** NIFTY AND BANKNIFTY ANALYSIS AND PREDICTION FOR 14.05.21 **" CUT YOUR LOSES, CONTROL YOUR EMOTIONS, PROTECT YOUR CAPITAL DONOT GO ALL IN " Nifty Outlook – Positive on 5 min Time Frame NSE:NIFTY & NSE:BANKNIFTY Resistance & Support levels : Provided in the video THANKS FOR WATCHING. If want to know my Trading Approach for tomorrow. Please stay connected with me. Jai Hind. Disclaimer: This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
NSE:BANKNIFTY
by Shruti_Advisory
How to REALLY Become Profitable ? 🔥 (Education)Hello traders , today we are going to talk about a very delicate subject. Yes Tradingview is a place to share technical analysis with the community , however we should also share from our experience , what we believe it can bring value to the table and help other traders worldwide to become profitable. Before continuing do us a favor. Make sure to GIVE a like in order to help this post become an editor pick and reach worlwide traders. How To really become profitable? The average human is not wired to properly trade the financial markets..We are wired in the worst way to be a consistently profitable trader. trading goes against the human psychology. To all those learning to trade the financial markets, this game is not what you think it is. Most books and courses simply do not paint an accurate picture of the reality Most of traders think the only way to become profitable is by working hard and focus in the technical strategy. The truth is that all of that is absolutely wrong. Here's a list of 6 elements that from my experience are game changers to slowly extract consistent profits from the market. Do us a favor and share another in the comment section that you believe is important. Our goal is to make from this post a place to help us each other from our experience. Risk Management That is the number one killer and doer. for most traders; they open a position size much larger than they can handle or much larger than what is appropriate for their account size. They want to make miracles with small accounts. Do not chase the money , chase the skill. In that way money will eventually come. There are investors ready to trust you 6 figures if you prove them you can handle it like a pro. The problem is that by not really managing your risk you will let emotions run your perception. When emotions increase , accuracy decrease. Trading is a Game of probabilities you can do everything right and end up wrong and you can do everything wrong and end up winning. Make sure to have a proper position size and manage your exposure or you will have nothing left to manage. Proper Psychology After all these years, I would say that the majority of trading the financial markets is primarily a psychological painfull skill. It is not an advanced holy grail system or strategy. For most traders trying to chase consistency, they believe their system always needs changing, and they focus more on the "analysis" side by reading more books and taking more courses, hoping to find that secret system. The system can be based on a coin toss, and with the proper psychology, this trader can outperform a psychologically-flawed trader but is using one of the best analytical methods. There are many psychological aspects you should focus. We can talk years about it. I advise you to read Mark Douglas for that. One of the most important things is to Dissolve all your fears. You must understand how it runs your trading. Understand and have a deep talk with yourself to see the way fear control your mind. Fight against Fear of being wrong , losing money , distribute profit, missing out . By other side you must understand the neuro associative conditioning that created good trading habits and self destructive habits. Discipline in healthy external habits. Poverty is a habit / wealthy is a habit / life is a habit. As Paul Sartre said, we are our choices. What we do with our 24 hours will define the kind of person we are. This is all about changing and adopting proper habits in your pro and personal life. If you do have side issues like bad habits or (girlfriend / parents /friend / work etc.. ) they will make it difficult to execute a proper system in your trading. All those bad vibes will send resistive energy and when you get this energy you can either shut down or step through and doo exactly what you are supposed to do regardless. take care of your personal habits and problems. Avoid bad habits that drain your energy and focus here are some: Wake up late vs. 5 am morning Partying 24/7 vs. Learning Being lazy vs. being a doer. Social media vs/ productivity. Etc.… Before getting serious with trading, I I used to have a lot of bad habits that honestly, I’m not proud of it. But everything can change. The more I fall in love with the process and taking care of my habits and more my trading improve and happier I become. Think in term of probabilities Mismanaging risk is a bad habit most of traders have the worst trading habits because they asume the outcome. They assume they know what the outcome will be, so they bail out of trades. They think it will make them more money, so they risk more equity because they believe this trade is a high probability one that it will make them money. They have a trade by trade approach. They assume that after a few wins the next trade is likely to be a winner, so they are double up. They assume that after a few losses the next trade is likely to be a loss, so they do not execute By adopting simple proper ''SERIES OF TRADE APPROACH'' your outcome will change and you will become profitable. t it is the approach that a few minority of the traders use. This approach is not based on predicting anything; rather this is a precise pre-defined system of pulling the trigger when your system or edge presents itself, and the outcome of the trade is irrelevant. We take a series of trades, and we are entirely focused on the outcome of the series, and NOT the outcome of each individual trade. The outcome of each trade and attempting to predict the outcome of each and every trade is an uphill battle because humans are designed to expect what they predict. It is difficult to implement your system or edge in the markets flawlessly if we become attached to any one single prediction. The truth of the matter is that we do not know what will happen next; the only certainty is the markets uncertainty. Having your own personal predefined edge In fact. you need a plan , you need a strategy and you need a flawless execution. there is no doubt either it works or no. make sure to set rules to find good trades execute those good trades and let those good trades play out. Laser Focus learning curve Those who make it in this business were laser-focused; they made a decision to either be right or wrong. A laser shines a coherent beam of light and is powerfully focused on a single point. That point will undergo immense heat or pressure. Same applies to learning to trade. It requires all your energy to be put forth on a single objective. Compare this with a light bulb or the sun, which shines its rays outwardly with its energy distributed in all directions. You will barely feel the heat as the energy is unfocused and dissipates accordingly. This applies to those traders who have issues They doubt their decisions and jump from one strategy to another they chase the holy grail they change from system etc..... Focus in one pair or few pairs, one session , a clear defined profit system a clearly defined type of trading. Make a decision, and instead become focused like the laser beam on what it is that you desire to develop, and you are more likely to achieve your target. Please make sure to follow this profile if you found it interesting. Now let me know in the comment section about an element you find important
Education
by AIRFOREXONE_
27
Recent editor picks in one place! This post is a little different, I have recently gone back into Trading Education and mentoring and wanted to ask what kind of post or info would the community like? Here's a list of the recent editor picks; some educational content (each link you can click on to go through to the actual post) 1) Gann Fan Tutorial 2) Buying the Dips made simple 3) Simplified Elliott 4) Elliott level 2 - (not an editors pick) but goes after the Simplified Elliott) 5) Quick intro to Moving Averages 6) Simpson's walkthrough Psychology 7) This one is not an editors pick but goes into more depth around the Simpson's post 8) Trading Can be lonely 9) Not an editor pick but some books for when your lonely 10) Bart pattern - no education but had a pick for this one 11) This land is mine 12) Crypto news and updates (last week) 13) How to do fundamental analysis on altcoins Some other posts worth mentioning 🍒 COT guide - 🍒 Indicators Vs Price Action - 🍒 Using the comparison tool as indicators - 🍒 Interesting news events on BTC highs/lows - 🍒 Did you know S&P now has Crypto index's? And have you seen a Wyckoff schematic laying underneath a daily BTC chart? This is awesome! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BITFINEX:DOGEUSDEducation
by Mayfair_Ventures
9
To HODL or not to HODL?My friends is it time to suspend our trip "to the moon" ? Or maybe we Buy the dip and juice this rocket to "the moon" or even better MARS aka the infamous $1,000,000 price where we will all exit our golden positions perfectly in sync and buy a yaught together where we can party and talk about the good old times when we scammed the market for a cheeky mil. These are the questions we should ask ourselfs comrades. Defi dipping, volatility increasing, uncertainty upon us. What does a HODL do in such a scenario? Ninja
Short
by NinjaTradingServices
1
Trading Plan - How To Build it ? (Educational Post)Hi Traders. Today's topic is regarding one of the most important success keys about trading. One thing about trading plans, is that they are yet very easy to build it but no one really know to to build it. Without ABC'S, you can't create words. Without the words, there are no sentences. Without sentences, no paragraphs. No paragraphs, no story. No story , then no idea what's going on. No idea what's going on= GAMBLING Gambling, no consistency. Imagine you're randomly taking trades with any predefined criteria's in long term does it makes sense? The answer is no, most likely you'll stuck in a chugging condition draining your mental capital. Building a trading plan is something that requires good understanding about yourself. Having a trading plan is very personal. What works for someone else can potentially not work for you. Trading plan is something that requires good understanding of criteria's. Your goal as a trader is to find good deals , execute those good deals and let those deals play out. In this post, we'll assume we are creating our a trading plan Scenarios: What Time Frame? This is the typical textbook explanation, where a traders need to focus his attention in 3 types of time frames. One Macro Time Frame to build the scenario , One meso time frame to manage the positions and One Micro Time Frame to execute. One big problem with Time frames is that sometimes traders lose their mind changing from one time frame to another. if that is your case to do not blow your mind focus your attention in 3 predefined time frames. For example an intraday trader can build in daily , manage the position in h4 but execute in m30. What conditions? - This is a rather aggressive criteria's. You must know when to trade and when not to trade. For example trending markets are nice conditions for someone trading pullbacks. Risk Management This may seem easy, but believe or not that majority has issues with the money management. keep it simple . Always risk the same amount and understand that you must have a predefined DD tolerance and exposure. Markets Most retail don't appreciate the ability to stick to one or few pair pairs for years. You Are pretty much guaranteed success. The skill of being in tune with what you are handle is the key of consistency. Does it make sense to follow 20 pairs ? no. Stick to few pairs. Lean how they properly move. Every single pair is unique . The key here is in deciding on a single financial instrument or currency pair. You must become familiar with the way it moves, with when it moves, and with exactly how and where it does it. You need to understand the instrument you are trading and be very familiar with the trading style. The typical range of movements both on an intraday basis and on a weekly basis should be understand. Focusing on one pair allows us to focus our attention on the ultimate goal of trading markets; to generate consistent returns. We do this by attempting to catch a single A to B impulsive movement, preferably from a valid zone. We trade valid signals at valid zones. go on to ten and twenty pairs later. For now, just focus on squeezing a single A to B price movement on a single pair before ever thinking of adding many more.. With the proper seasoning on a certain single instrument, you will become much more confidence with price action and price movements, and trading in general. You will be able to trade in the flow. This is a tricky one . Some utilize Risk-to Reward based target (Eg. 1:3RR), while some prefer using trailing stops. Personally, having your targets at key technical zones make more sense. There's no right or wrong! It all depends on what suits you the most! if the trend is very strong then it doesn't make sense to set a 1:1 set your targets at the next potential obstacle. Entries From my experience, I Have predefined criteria's to define a High probability Trade. It can be a valid micro signal in a valid macro zone in a strong trending market at a strong moment of the day in a institutional numbers when the mass is doing the opposite. I like trending stuff. The first phase is where the momentum is fresh and piping hot, strong impulse with clean price action. the you can easily set further targets by following the long term trend. Strop criteria's. A stop loss is not fixed. the market structure define where to place your invalidation. It can be behind a zone, behind a supply or demand zone or even behind a ema etc... Target criteria's. Let us know in the comment section if there is any other criteria or if I can improve my trading plan. also let us know what criteria's do you use Trade safe as usual. and make sure to support this idea in order to help the TRADINGVIEW COMMUNITY. I hope it was helpful Please do follow my profile for daily fx forecast & educational content. I try to share a lot of value every single day.
Education
by AIRFOREXONE_
16
Bitcoin Traffic Meter -- Down Or Up ?! Hi Trader's -- We Think To Introduce New Type Of Analysis -- We Think To Make ( Traffic Meter ) -- Traffic Meter Will Inform You .. What Is The Direction And Suggest For Next Move -- Red Label Is Down Trend -- Yellow Label Is Side Way Trend ( No Up No Down ) -- Green Label Is Up Trend Every Label Has The % For It Based on Many Tools Of Analysis .. In This Analysis -- We Inform You ( BTC) Traffic Meter -- Down Trend : 45% Side Way : 10 % Up Trend : 45% So We Must Now To Wait And Don't Enter Any Trade Before The Meter Give Us New Sign .. And We Will Update it Daily ♥ If You Want Any Analysis With Traffic Meter Comment With Name Of Pair Or Coin ♥
by Fx_Vanguard
5
GBP/JPY Swing Sell - 190 Pips (19:1 Risk to Reward)Entry: 152.900 (15min) Stop Loss: 153.000 Take Profit: 151.000 Pure Price action and fundamental analysis No Signals, No Indicators, No Fibonacci Retracements Technical Analysis: This GBP/JPY chart is of the 30 minute timeframe, but the entry was taken on the 15 minute with confluence from higher timeframes. Starting from the yearly timeframe, price retested a minor resistance of 152.300 and tried to break bullish. As we drop to lower timeframes such as the quarterly and monthly, the current quarterly and monthly candles flipped bearish (allows the candle to make a bottom wick to grab liquidity and later continue bullish). Weekly timeframe shows that price is trying to generate more liquidity to break past the minor yearly resistance and the 151.000 level is a minor weekly support. So break of the 151 level allows for more sell opportunities. The last two daily candles indicated decrease in volume after the break of the yearly minor resistance of 152.300, which provided further confirmation of sells. The price did not retest the break of the 152.300 on the daily timeframe. As price broke the bottom wick of the previous daily candle, the analysis included an influx of seller's volume to continue bearish. As we continue down to intraday timeframes (4hr, 2hr, 30min), we see price consolidating (generating orders and liquidity) and that indicates incoming volume. Once the price broke below the consolidation zone on the 30min and 15min timeframe, I waited for price to retrace and reject the consolidation zone as the new resistance. Further details of how I managed my trade at each level are indicated on the chart. Fundamental Analysis: The UK economy is starting to open again. On Monday, PM Johnson released details about curbing restrictions for the businesses, pubs, and restaurants. The economy is set to fully open in June. This brings in optimism for GBP, as other developing and under-developed countries continue to struggle with mass vaccination, and even struggling with securing vaccine supplies. However, there is uncertainty about how the government and health-care system will be able to manage the rise in cases after the economy opens (inevitable). Moreover, the government announced a decrease in supply towards the end of the first quarter and the EU halts exports of AstraZeneca (UK-based) to the UK until the EU receives the promised supply of vaccines from the company. Majority of the UK's population has received the first dose and the UK needs to secure more supplies before the partial immunity of the groups who received their first dose a while ago, fades. A recent supporting fundamental has also been the halt of AstraZeneca's vaccine trial in younger children age group.
Short
by UnknownUnicorn4632978
1
How To Properly Use Risk Reward (Education)Hi Traders. Today's topic is regarding one of the most important fundamental risk management principles. Make sure to follow. One thing about Risk Reward, is that they are very decisive in order to make your account grow Imagine you're taking a trade risking 100 dollars to make only 50 dollars does it makes sense in the long Run? The answer is no, most likely you'll stuck in a chugging condition draining your mental capital and having periods of drawdowns. Risk Reward is something requires good understanding of the execution itself, knowing when to not use it, is as equally important as when to use it. In this post, we'll assume the scenarios and answer the most important questions about it. Scenarios: Risk 100 dollars to make 50 dollars or 1 to 0.5 risk reward ratio - This is the typical unprofitable financial decision. Most of the times new traders try to execute trades without even a decent risk reward, they trade just to be presents in the market, despite of the market conditions. In the long run by executing that kind of trades you will end up having heavy periods of drawdown and you will need huge amounts of trades to be back at BE and even more to make money. Risk 100 dollars to make 100 dollars or 1 to 1 risk reward ratio - This is a rather aggressive way to trade. I don't really advise new traders to try to catch that kind of trades. the reason it's because you will need the same amount of trades in profit to be back at BE. this tend to create flat trading equities. I advise to potentially lock one part of the trade if you want. let's imagine this risk reward as a coin. you have two faces and just a 50 % 50% chance. sounds a good deal to make money, looks more like casino. Well it looks like the odds are neutral and they are random distributed. We don't have odds in our favor. Risk 100 dollars to make 200 dollars or 1 to 2 risk reward ratio - Well now things start to become more interesting. Why ? because we have more flexibility to make mistakes and keep the same amount and in certain cases end up in profit. Imagine a random distribution of 3 trades like this ? what will happen if you loose those 3 trades ? you will end up with -3%. what if you are right in those 3 trades ? you will end up with +6%! Risk 100 to make 300 dollars or 1 to 3 risk reward ratio - This is the kind of trade that I advise new traders to focus on. why because it makes profitable equity curves and allows you to make money. Imagine a random distribution of 3 trades . what if you lose the first 2 and you win the last 1 ? you will end up in profit of 1% in this kind of situation you lost the majority of the trades but even like that you end up in profit? sounds crazy right ? well if you focus on trade high probability trades with 1:3 by having right 3 times you can be up 9 % !!! Risk 100 to make 500 dollars or 1 to 5 risk reward ratio This kind of trades are very rare to find but possible. - From my experience by taking a random distribution of 3 trades if you fail the two you will end up with a -2% loss but if you win the last one you will be up 3% what if you win 2 trades with 1:5 ? it will be more like 10% of profit Quick disclaimer : 1. This is just a simple risk modeling example. it is not the real trading situation. In real life your risk distribution can me more like one trade -1 second trade +1.5 third trade 2.5 . In that way you just need to focus on the principles and general ideas to slowly build your risk modelling system. 2. manage your exposure or you will have nothing left to manage 3. Stay away from marketers that tend to say they have a 90% win ratio because they will probably have a 10 % ratio lol... Let us know in the comment section what kind of risk reward do you use or comment a high value idea with us . make sure to follow Trade safe as usual. Do follow my profile for daily fx forecast & educational content.
FOREXCOM:SPX500Education
by AIRFOREXONE_
17