Day Trading - Only Strong Trend Days (Can also be used on HTF) There are generally only 2-5 strong trend days a month. The majority of trading days are some form of trading range days, either within a range or a weak channel which reverses and forms a trading range. On strong trend days the market offers what most traders want - a high probability of a large...
As of next week I plan to open a new account with only $20.Yes, I know what you’re thinking but this is why it’s called a challenge. My goal with this challenge is to see if you can actually make money with very little capital. I will only be trading currencies with 1:1000 ratio account. Now, how long could this last before going to zero? Will emotions take over...
Lessons from an experienced trader. Lesson 1. Never scalp. Although scalping seems to be the most profitable and best method in today's market, it is certainly not. Scalping is the hardest method to achieve a consistent performance. High frequency trading firms scalp, but they have many advantages over the retail trader including direct access to exchanges,...
The stage of getting rid of hamsters is already over. The beginning of the 4-year cycle of Bitcoin . The maximum price of a new next cycle is $ 230,000 Time to accumulate positions. Like gold , Bitcoin likes to hurt traders. Even in growing markets there is such a draining of prices. Before the asset begin to conquer new peaks. I do not see how...
Typical market cycle playing out here. This pullback is healthy in order to continue bullish uptrend. Elliott wave has played out perfectly so far. We should have a nice bounce off one of the lower levels (4900 or 4400 area) then continue to break into price discovery of 6k. Wave 5 will present itself. Be patient. Good Luck :)
This is not really a trade setup, it´s more of a little thought sharing on emotions, the biggest enemy for us traders. As you people that follow me knows i trade harmonics an insanely simple and very profitable way of trading, removes all subjectivity from trading with some testable, verifiable, and repeatable rules. I could not trade in January because i was...