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Halloween Horror: Avoiding Common Trading MistakesAs Halloween approaches, it’s the perfect time to reflect on the common “frights” that can scare traders away from success. Just like ghosts and ghouls lurking in the shadows, trading mistakes can be sneaky and unexpected. This post will highlight some of the most common trading mistakes, drawing parallels with Halloween themes, and provide strategies for avoiding these pitfalls. 🎃Fear of Missing Out (FOMO) Many traders experience FOMO, which can lead to impulsive decisions, such as chasing after rapidly rising stocks or jumping into trades without proper analysis. This behavior often results in buying at peak prices and facing losses when the stock inevitably corrects. Set Clear Entry and Exit Points: Establish specific criteria for entering and exiting trades to avoid emotional decisions. Stick to Your Plan: Have a trading plan that includes risk management strategies. Review your plan regularly, especially in volatile market conditions. 👻 Overtrading In an attempt to capitalize on every opportunity, some traders overtrade, leading to excessive fees, emotional fatigue, and ultimately poorer performance. Overtrading can resemble a Halloween party gone wild, with too many participants causing chaos. Limit Your Trades: Set a maximum number of trades per week or month. Focus on quality over quantity. Take Breaks: Allow yourself time away from the screen to recharge and refocus. This helps in making more rational decisions. 🕷️Ignoring Risk Management Trading without proper risk management is akin to wandering through a haunted house without a flashlight. You’re likely to encounter unexpected dangers. Failing to set stop-loss orders or to size positions appropriately can lead to catastrophic losses. Implement Stop-Loss Orders: Set stop-loss orders at a predetermined level to limit potential losses. Diversify Your Portfolio: Spread your investments across different asset classes and sectors to mitigate risk. 👺 Emotional Trading Trading decisions driven by emotions such as fear, greed, or panic can lead to disastrous results. Emotional trading is like letting a ghost dictate your path through a dark forest—it's unpredictable and often leads to mistakes. Keep a Trading Journal: Document your trades, including the reasoning behind them and your emotional state at the time. This will help you identify patterns and triggers in your decision-making process. Practice Mindfulness: Incorporate techniques like meditation or deep breathing to remain calm and focused during trading hours. 🦇Neglecting Research and Analysis Many traders skip the crucial step of research and analysis, relying instead on tips or rumors—much like believing in urban legends without questioning their validity. This can lead to uninformed trades and unexpected losses. Conduct Thorough Analysis: Use both technical and fundamental analysis to make informed trading decisions. Stay updated on market news and trends. Leverage Trading Tools: Utilize platforms like TradingView to access charts, indicators, and community insights. [b 🕸️Chasing Losses After experiencing losses, some traders attempt to "revenge trade," trying to quickly recover their losses by taking high-risk trades. This often results in deeper losses and a vicious cycle of frustration. Accept Losses as Part of Trading: Understand that losses are inevitable. Learn from them rather than trying to immediately recover. Take a Step Back: If you find yourself in a negative trading streak, consider taking a break to reassess your strategies and mental state. 👽 Not Adapting to Market Conditions The market is constantly changing, and clinging to outdated strategies can be dangerous. This is similar to wearing the same costume year after year—eventually, it becomes stale and ineffective. Stay Flexible: Be willing to adapt your trading strategies based on current market conditions. Regularly review and refine your approach. Educate Yourself: Continuously seek knowledge through courses, webinars, and market analysis to stay informed about new trends and strategies. As the Halloween season creeps in, it’s time to face the spooky realities of trading! By identifying and confronting common trading frights, you can transform potential pitfalls into stepping stones for success. Remember, every trader encounters challenges, but preparation, discipline, and continuous learning are your best defenses against the ghouls of the market. So, this Halloween, don’t let fear haunt your trading journey. Embrace the tricks of the trade, sharpen your skills, and turn those frights into fruitful opportunities! Here’s to a successful and spooktacular trading experience!🎃👻🕸️
Education
by HexaTrades
FOMO: The Silent Killer of Trading SuccessIn trading, one of the most destructive emotions is the Fear of Missing Out (FOMO). It’s that nagging feeling that you’re missing a huge opportunity as the market makes a move without you. For traders, FOMO can be a dangerous mindset, leading to impulsive decisions, chasing price action, and ultimately, heavy losses. Understanding and mastering FOMO is essential for success in the market. What is FOMO in Trading? FOMO is the psychological pressure that traders feel when they see a market move happening without them. It’s driven by the fear that they will miss out on potential gains or that others are making profits while they sit on the sidelines. This emotional response can lead to irrational trading behavior such as: Chasing Trades: Entering a trade too late, after most of the move has already occurred. Overtrading: Opening too many positions in fear of missing opportunities. Ignoring Your Strategy: Making decisions based on emotion rather than following a disciplined plan. FOMO is a natural human emotion, but in trading, it can lead to poor risk management and eventual losses. Strategies to Overcome FOMO in Trading 1. Develop a Solid Trading Plan A well-structured trading plan can be your best defense against FOMO. Your plan should include criteria for trade entries, exits, and risk management. Stick to it no matter what the market is doing. Trust your analysis and strategy instead of chasing moves based on emotion. 2. Focus on Process, Not Profit Trading is a marathon, not a sprint. Focusing on the process rather than the short-term results will help you stay disciplined. Remember that no single trade defines your success. Over time, consistency in following your strategy will lead to better results. 3. Practice Mindfulness and Emotional Control Successful trading requires mental clarity. Practice mindfulness techniques to control your emotions during periods of heightened market activity. Being aware of your emotional triggers can help you pause, step back, and avoid impulsive decisions. 4. Limit Screen Time Watching the markets non-stop can exacerbate FOMO. If you find yourself becoming too anxious or eager to trade, consider limiting your screen time. Set alerts for when a trade setup from your plan is triggered, so you don’t feel the need to constantly monitor price movements. 5. Keep a Trading Journal Tracking your trades and the emotions behind them can provide valuable insights into your decision-making process. A trading journal helps you reflect on FOMO-driven trades, identify patterns, and learn from your mistakes. 6. Accept That You Will Miss Some Opportunities No trader can catch every move. Accepting that the market will always present new opportunities is key to staying grounded. Rather than fixating on what you missed, focus on preparing for the next setup that aligns with your strategy. FOMO is a powerful force in trading, but with the right mindset and strategies, you can learn to control it. By developing a strong trading plan, focusing on process over profits, and practicing emotional discipline, you can avoid the pitfalls of FOMO and improve your overall performance. Remember, the markets will always be there, and so will new opportunities. Stay patient, stay disciplined, and success will follow.
NASDAQ:NVDAEducation
by HexaTrades
8
DRUG (Bright Minds Biosciences Inc.): Massive 2,000% Surge!DRUG (Bright Minds Biosciences Inc.) Super Move Captured with Risological Swing Trader We entered a long position on 14th October at 1.23 using the daily time frame, catching this explosive upward movement with the precision of the Risological Swing Trader. The indicator identified the perfect entry point, allowing us to ride this massive surge effortlessly. As of now, the price has reached $26.90, delivering an exceptional return. Target Points Achieved: TP 1: 1.40 TP 2: 1.68 TP 3: 1.95 TP 4: 2.12 This trade exemplifies the strength of the Risological Swing Trader in identifying major opportunities and turning them into extraordinary gains.
NASDAQ:DRUGLong
by ProfitsNinja
11
Mastering Trading Psychology: 5 Key Principles for SuccessIn the world of trading, success isn’t just about mastering charts, patterns, or technical analysis. One of the most critical, yet often overlooked, aspects of trading is the mental game trading psychology. The ability to manage emotions, stay disciplined, and make rational decisions under pressure is what sets consistently profitable traders apart from the rest. Trading can evoke strong emotions like fear, greed, and frustration, leading to impulsive actions and costly mistakes. To succeed in the long run, traders need to develop a mindset that helps them remain objective, stick to their strategies, and avoid letting emotions dictate their decisions. Below are five key principles of trading psychology that every trader should master to achieve consistent success in the markets 1. Stay Emotionally Detached from Trades Emotional trading often leads to impulsive decisions, such as chasing losses or being driven by greed. Fear and greed are two of the biggest psychological challenges traders face. Treat trading as a business. Stick to your strategy and avoid getting attached to a single trade. Whether a trade wins or loses, view it as part of a larger plan. Having preset rules for when to enter and exit helps reduce emotional involvement. 2. Develop a Disciplined Routine Discipline is the backbone of consistent trading success. Without it, traders are more likely to deviate from their plan and make irrational decisions. Create a clear trading plan that includes entry, exit, and risk management strategies. Follow this plan consistently, regardless of market conditions. The key to success is sticking to a well-thought-out system, not trying to "beat the market." 3. Accept Losses as Part of Trading Losses are inevitable in trading. The fear of losing money can cause traders to exit trades prematurely or avoid making a move altogether, missing out on potential gains. Understand that losses are a natural part of the trading process. Focus on managing risk and limiting losses rather than trying to avoid them entirely. If you maintain a good risk-reward ratio, a few losses won't derail your overall performance. 4. Avoid the Influence of FOMO (Fear of Missing Out) FOMO can cause traders to jump into trades too late, often at unsustainable prices. This leads to poor decision-making and higher chances of loss. Focus on your own strategy and ignore market hype or emotional pressure from others. The market will always present new opportunities. Stick to your rules and don’t chase after moves you didn’t anticipate. 5. Maintain Patience and Long-Term Focus The desire for quick profits can lead to overtrading or taking unnecessary risks. Trading is a marathon, not a sprint. Stay patient and trust the process. Stick to your strategy and avoid rushing into trades just to stay active. Wait for high-quality setups that align with your plan. Remember, consistency over time leads to long-term success. These principles help maintain emotional control, encourage rational decision-making, and lead to more sustainable trading outcomes in the long run. By mastering the psychology of trading, you'll be better equipped to navigate the market’s ups and downs. Regards Hexa
CRYPTO:BTCUSDEducation
by HexaTrades
How FOMO Can Kill a Trader’s Gains!FOMO, or the Fear of Missing Out, is a feeling many traders know well. It’s that worry that you’re missing a big opportunity while others are making money. While it’s natural to want to jump in, FOMO can lead to bad decisions that erase months of hard work (unfortunately, this is from a personal experience). In this article, we’ll explain why FOMO is dangerous, how it traps traders, and how you can avoid it. The NASDAQ:NVDA Story: How FOMO Wiped Out 3 Months of Gains Let’s say you’ve been trading carefully for three months, making steady progress. Then one day, you see headlines everywhere: “NVIDIA ( NASDAQ:NVDA ) stock is soaring!” Everyone’s talking about it on social media, and people are posting their big profits. You start feeling anxious. You didn’t plan to trade NVDA, but the fear of missing out kicks in. You decide to buy the stock, even though it’s already at its highest point. But soon after, the stock price drops, and you’re stuck with big losses. In just a few days, the gains you worked hard for over three months are gone—all because FOMO made you jump in without thinking. What Causes FOMO? Here are some common things that trigger FOMO in traders: Social Media: Seeing others bragging about their gains makes you feel like you’re missing out. Market Buzz: When everyone is talking about a stock, it feels like you have to act fast or you’ll lose your chance. Seeing Others Profit: Watching friends or other traders make money makes you question your own strategy. Overconfidence: After making a few good trades, you might start thinking you can time the market perfectly. Fear of Falling Behind: You don’t want to be the only one not making money, so you make impulsive trades. How Retail Traders Fall for FOMO FOMO is especially tough on retail traders, who are often newer to the market. Here’s how it usually happens: Following the Crowd: Instead of doing their own research, traders jump into stocks because everyone else is. Impulse Decisions: They buy stocks based on emotion, not logic or analysis. Chasing Losses: After losing money in a FOMO trade, they take even more risks to try and win it back. This kind of behavior can lead to bigger and bigger losses, making it hard to recover. Here are 5 tips that I hope can help you avoid FOMO in trading: Have a Plan Before you start trading, make a clear plan. Know when you’ll buy, when you’ll sell, and stick to it. This helps you avoid getting swept up in hype. Limit Market Noise Avoid spending too much time on social media or reading news that hypes up stock movements. It’s easy to get influenced, but remember, your strategy is more important than others’ excitement. Set Realistic Goals Whether trading short-term or long-term, focus on consistent, well-planned trades. For short-term traders, aim for steady, smaller gains rather than chasing quick profits. Stick to reliable setups that match your strategy. Manage Your Emotions Take a step back and think before making decisions. Don’t let fear or excitement control your trades. Stay calm and follow your plan. Learn from Mistakes Everyone makes mistakes in trading. What matters is learning from them. Instead of rushing into more trades to recover, reflect on what went wrong and how to avoid it next time. Takeaway FOMO can lead to bad decisions and wipe out months of progress. The fear of missing a big opportunity is strong, but chasing after hyped stocks can backfire. By staying disciplined, keeping your emotions in check, and following a solid trading plan, you can avoid the traps of FOMO and keep building your gains over time.
NASDAQ:NVDAEducation
by David_874
Unlock Your Full Potential with our Trading Psychology CourseSuccess in trading goes far beyond technical analysis and market knowledge. True mastery in the financial markets requires a deep understanding of the psychological traits that drive consistent performance and resilience. To help traders of all levels strengthen their mental game, I’m excited to announce the Hercules Trading Psychology Course – a comprehensive, 13-lesson journey into the mind of a successful trader. What You Can Expect: For this course I am going to provide multiple lessons, each delving into key psychological principles that separate the top traders from the rest. Whether you're a beginner looking to establish a strong foundation or an experienced trader seeking to refine your mental approach, this course will provide you with essential tools to: Master Initiative, Discipline, and Patience – the 3 core traits every successful trader needs. Build emotional resilience to handle losing streaks, market volatility, and avoid costly psychological traps like FOMO. Develop a structured mindset that supports consistent profitability across any market or timeframe. Why is Psychology So Important in Trading? The mental aspect of trading often gets overlooked, but it’s the difference between making rational decisions and being driven by emotions like fear, greed, or desperation. This course will help you strengthen your trading mindset and equip you with practical strategies to stay disciplined, focused, and confident in your decisions – even when the markets are unpredictable. Course Structure : Some of the covering topics are: The 3 Essential Traits Every Trader Must Master The Power of Initiative in Trading Discipline – The Pillar of Consistent Profitability Handling Losing Streaks with Emotional Control Overcoming Desperation in Trading How to Beat FOMO and much more. Each lesson is designed to be easy to understand and filled with actionable insights you can start applying immediately to improve your trading performance. What’s Next? Stay tuned for Lesson 1 today, where we’ll dive into the 3 essential traits that form the foundation of successful trading: Initiative, Discipline, and Patience. By mastering these traits, you’ll build the psychological resilience needed to navigate the ups and downs of the financial markets. Make sure to follow me to catch every lesson as it’s released. I’m looking forward to sharing this journey with you and helping you take your trading to the next level!
Education
by exlux
Master the Trading Mindset: Lessons from Trading in the ZoneTrading in the Zone by Mark Douglas is widely regarded as one of the most important books for traders seeking long-term success. The book emphasizes that consistent profitability in trading is not only about mastering strategies or market knowledge but, more importantly, about trading mindset, mastering your own mind. Many traders focus purely on technical or fundamental analysis, but Douglas insists that psychological discipline is what separates successful traders from the rest. By understanding the emotional and mental aspects of trading, you can turn potential obstacles into strengths. Why Most Traders Struggle: The Illusion of Market Control One of the core ideas in Trading in the Zone is that many traders enter the market under the false assumption that they can control outcomes if they make the right predictions. This mindset is deeply flawed. The financial markets are inherently unpredictable. Even with the best analysis, there are countless factors influencing price movements that are beyond any trader’s control. Key Lesson: Embrace Uncertainty Douglas emphasizes that successful traders must understand that the market is governed by probabilities, not certainties. You will never be able to predict the market with 100% accuracy, and that’s okay. The goal isn’t to be right every time, but to develop an approach that gives you a statistical edge—one that ensures you come out profitable over time, even when some trades fail. Think of the market as a casino: while the house doesn’t win every game, its edge ensures that over time, it’s consistently profitable. Similarly, traders need to focus on building a system that works across a large number of trades, rather than getting caught up in trying to control individual outcomes. Building a Winning Attitude: The Process vs. The Outcome A major theme in Trading in the Zone is the need to shift your mindset from being outcome-driven to being process-driven. Most traders make the mistake of evaluating their performance based on whether they won or lost an individual trade. This creates a dangerous emotional cycle, where wins create overconfidence and losses spark fear or frustration. Key Lesson: Detach from Individual Results Douglas teaches that trading is a marathon, not a sprint. Consistent success comes from focusing on the process, not individual trades. You must follow your plan and rules consistently, regardless of the outcome of a single trade. Winning trades don’t always mean you followed your plan, and losing trades don’t necessarily indicate failure. Instead, long-term success comes from disciplined execution of your edge. By focusing on process over profits, traders can eliminate the emotional highs and lows that lead to inconsistency. This mental shift helps you stay level-headed, even when things don’t go your way. The Role of Beliefs in Trading: How Your Mindset Shapes Your Actions Our beliefs influence how we behave in the market. If you have subconscious fears about losing money, or if you believe that being wrong is a sign of failure, these beliefs will manifest in your trading actions. You might hesitate to pull the trigger on a trade, cut winners too early, or hold onto losing positions because you’re afraid to admit defeat. Key Lesson: Reprogram Your Mindset In Trading in the Zone, Douglas explains that you must reprogram your mindset to align with the realities of trading. Accept that losses are part of the game. Successful traders understand that losses are inevitable, and they don’t let individual losses affect their confidence. Trading success comes from building a set of beliefs that supports objective decision-making. For example: Limiting belief: “I can’t afford to lose money.” Empowering belief: “Losses are a natural part of trading; my edge will prevail over time.” By changing these internal beliefs, traders can reduce emotional interference and make rational decisions in line with their strategy. Thinking in Probabilities: Shifting to a Casino Mindset Douglas spends considerable time explaining the concept of thinking in probabilities. He uses the metaphor of a casino to illustrate how successful traders operate. A casino doesn’t win every bet, but its edge ensures that over thousands of games, it consistently comes out ahead. Similarly, traders need to think of their trades in terms of probabilities. Key Lesson: Your Edge is Everything Your edge is your winning probability over a series of trades, not your ability to predict individual outcomes. Once you accept that losses are part of the game, the emotional attachment to individual trades fades. What matters is sticking to your system and letting the edge play out over time. In practical terms, this means: Don’t let a losing trade shake your confidence. Don’t get overly excited about a winning trade. Stay committed to your system, knowing that it will be profitable over time if you consistently apply it. Overcoming the Fear of Losing One of the biggest challenges traders face is the fear of losing. Fear of losing can cause you to avoid entering trades altogether or exit winning trades too soon. This fear stems from not fully accepting the risks of trading. Key Lesson: Accept the Risk Before Entering a Trade Before placing any trade, you must be at peace with the potential loss. Douglas emphasizes that you should only trade when you are completely comfortable with the risk. If you can’t emotionally handle the thought of losing a certain amount of money, you’re risking too much. By accepting the risk upfront, you free yourself from fear and allow yourself to trade objectively. Douglas advises using smaller position sizes or setting tighter stop-losses until you feel confident about the level of risk you’re taking. Once you accept the risk, you can approach the market with less emotional interference and more discipline. Consistency is Key: The Power of Discipline Many traders struggle with inconsistency. They might have periods of great success, followed by periods of undisciplined trading that wipe out their profits. Douglas explains that the secret to long-term success in the markets is consistency—not in your results, but in your actions. Key Lesson: Follow Your Rules The most important trait of successful traders is that they follow their trading rules every single time. When you deviate from your rules because of fear, greed, or frustration, you open yourself up to unnecessary risk and losses. On the other hand, by consistently following your edge and your system, you guarantee that you will capitalize on your strategy’s strengths over time. Consistency in following your plan leads to consistent results. Discipline becomes the foundation of a successful trading career. The Psychological Barriers in Trading: Recognizing and Managing Emotions Emotions such as fear, greed, impatience, and overconfidence are often the biggest roadblocks to successful trading. Douglas emphasizes that the key to overcoming these barriers is self-awareness. Traders must learn to recognize when their emotions are influencing their decisions and develop strategies for managing these emotions. Key Lesson: Mindfulness and Emotional Control By practicing mindfulness, traders can learn to separate their emotional responses from their actions. For example, when the market moves against you, instead of reacting impulsively, take a moment to assess the situation objectively. Is this a market move you’ve anticipated in your plan, or is it an emotional reaction to an unexpected event? Douglas encourages traders to develop emotional control strategies, such as: Journaling your trades to reflect on your emotional state during each trade. Setting clear, predefined exit strategies to avoid emotional decision-making. Practicing visualization and breathing techniques to stay calm during high-stress moments. Developing a Rules-Based Trading System Another crucial concept in Trading in the Zone is the importance of having a rules-based trading system. Many traders enter the market without a clear plan or rules, relying on gut feeling or market sentiment. This lack of structure leads to inconsistent results and poor decision-making. Key Lesson: Create and Follow a Solid Trading Plan To achieve success, Douglas emphasizes the need to create a trading plan that outlines: Your entry and exit criteria. How much you are willing to risk per trade. The market conditions under which you will or won’t trade. Having a plan allows you to remove emotion from your decision-making process. When you have clear rules in place, you don’t have to guess or second-guess your actions. Instead, you follow your plan with discipline and consistency, leading to more predictable results. Trusting Yourself and Your System One of the final messages in Trading in the Zone is the need to trust yourself and your system. Many traders fall into the trap of doubting their strategy after a few losses, even if the strategy has worked well over time. This lack of trust leads to system hopping, where traders jump from one strategy to the next, never giving any single approach enough time to prove its worth. Key Lesson: Confidence and Commitment Douglas emphasizes that once you’ve developed a solid trading system, you must commit to it fully. Trust that your system will work over a large number of trades, and resist the temptation to abandon it after a few losing trades. Confidence in yourself and your strategy is essential for long-term success. The Zone: Peak Performance in Trading Douglas describes the ultimate goal of every trader as achieving “the zone.” This is a mental state of peak performance, where you are fully in tune with the market, your emotions are under control, and you are executing your trades with clarity and confidence. Traders in the zone are not fixated on individual outcomes but are fully present and focused on following their process. Key Lesson: Reaching “The Zone” in Trading: Achieving Peak Performance In Trading in the Zone, Douglas introduces the idea of “the zone” — a state of peak performance where a trader is completely in sync with the market. In this mindset, emotional distractions are minimized, allowing you to make clear, confident, and unbiased decisions. When traders enter the zone, they’re fully focused on their process and not concerned with individual wins or losses. Key Lesson: How to Achieve the Zone Getting into the zone requires practice, emotional control, and mental discipline. By focusing on your trading process and minimizing emotional responses, you will begin to trade with precision and without hesitation. Some key steps include: Mastering Emotional Control: Remove attachment to individual outcomes. Focusing on the Process: Commit fully to your strategy and trading plan. Trusting Your System: Develop unwavering confidence in your edge over time. When you’ve trained your mind to operate in the zone, trading becomes a fluid experience, and you are better equipped to handle the challenges of the market. Final Thoughts: The Psychology Behind Trading Success Trading in the Zone offers profound insights into how the mind shapes success in the financial markets. The key takeaway from Douglas’ work is that mastering the mental game is essential for consistent, long-term profitability. Successful traders learn to think in probabilities, accept risk, and develop the discipline to follow their edge consistently. Key Takeaways: Embrace Uncertainty: Focus on probabilities rather than certainties. Reprogram Limiting Beliefs: Accept that losses are part of trading. Focus on Process Over Outcome: Build and trust your trading system, and don’t be swayed by short-term results. Master Emotional Discipline: Be aware of how emotions like fear and greed impact your trading decisions. Strive for Consistency: Following your rules consistently will lead to consistent profits over time. By focusing on mindset and emotional control, traders can overcome common pitfalls and achieve the level of discipline required to succeed in the highly competitive world of trading. Through Trading in the Zone, Mark Douglas offers a blueprint for developing the mental resilience needed to thrive in any market environment. If you’re looking to elevate your trading performance, internalize these lessons and put them into practice. The market may be unpredictable, but with the right mindset, you can navigate it with confidence and discipline.
AMEX:SPYEducation
by exlux
BITCOIN $94K to $145K !!🌱 BTC exit plan strategy - Currently in larger degree of Wave 5, which is the shortest dated and most aggressive wave up. I'm expecting it to peak around $94k to $100k being an achievable target with an optimistic target of $145k. After that, we'll probably see a distribution phase driven by euphoria--think soft landing hype and trump's crypto endorsements. As BTC hits those highs, altcoins are likely to catch all the liquidity and start outperforming. When the bullish sentiments peaks, that's probably the real-mid cycle top everyone's been talking about. I also think that this consolidation phase lasted for so long, so when BTC breaks out of this range, it creates a MASSIVE EMOTIONAL GAP and everyone will start FOMO-ing in.
BITSTAMP:BTCUSDLong
by chase_ID
2
BTC will fall !?Hi guys, hope to enjoy ur time. At first I should say BTC will never touch again 73k resistance. First of all bitcoin is going to fall till 57k support then start a trend. (1):BTC will start a strong bull trend ( u can have some oscillation but remember the major trend id bearish ) and bull trend will stop when the price touch 64k resistance. (2):when the price touched that resistance we will wait for a pullback and we waiting for second leg > (3):when the pull back is complete, we will start second leg ,but don't forget that : second leg isn't like first leg and we have weakness momentum and last resistance is 66k and will dump from there. remember to be brave at this point. (4): due day. A time for dumping and it is last high of BTC. two leg is complete and it is time to sell!! (5): enjoy from dumping. if u are a pro trader u can open the short position at the prior point it will dump till 48k but in my opinion it will going to 30k (in long term). don't forgot to follow me and boost this post> comment ur idea. BE HIGH,.
CRYPTO:BTCUSDShort
by nikitarichey6
How I used Volume Spread Analysis to avoid FOMO trading!As a trader, I often battle with the fear of missing out (FOMO), a common pitfall among traders that can lead to impulsive, unprofitable trades. After reviewing my journal, I determined that chasing breakouts was costing me a significant portion of my account, so I studied Volume Spread Analysis (VSA) to help me reduce my urges. Here is how is used VSA to avoid FOMOing a trade. Before we get started, let's clarify two definitions: Volume: Measures the number of times buyers and sellers exchange 1 unit of an asset at an agreed-upon price. It doesn't inherently indicate whether a trend is bullish or bearish, but rather that a trade has occurred. Low volume suggests that few transactions have taken place because buyers and sellers couldn't agree on price. High volume suggests that buyers OR sellers felt they were getting a bargain at the current price, leading to many transactions. Spread/Range: The difference between the high and low of a candlestick. A narrow spread indicates little variance between what someone is willing to buy for and what someone is willing to sell for. A wide spread suggests that buyers and sellers have significantly different ideas of what the fair price is. In short, Volume Spread Analysis (VSA) interprets the relationship between trading volume and candle spread. When volume and spread agree, they are considered harmonious, and the trend will probably continue. If volume and spread disagree, there is a divergence, and the trend may be weak or could even reverse. In general, there are three main harmonious conditions: Narrowing spread should have narrowing volume. Average spread should have average volume. Widening spread should have widening volume. I spotted a bear flag consolidation on QQQ and decided I would trade the breakout to the downside. I took a break and came back to the chart just after the breakdown had occurred, missing my ideal entry. The candle spread was widening and my first thought was "I have to get in! This thing is free falling!" PAUSE! I reminded myself that I cant make every dollar in the market. If I miss this trade, there will always be another. "Be patient and wait for the market to come back to you." This is the chart after the initial break. What can we observe? QQQ broke the low of day with high volume and a widening red candle. Based on our definitions from earlier, we know that high volume means that buyers or sellers think they are getting a bargain so they are willing to transact as much as they can at current price. Given that price is falling, we can assume that the volume is due to aggressive selling. We remain patient and continue to watch for something to trade against. Next, we see a narrower range candle with a long lower shadow and above average volume. By definition, strong volume with a narrow range is a possible divergence. We know that narrow range candles mean that buyers and sellers generally agree on current price, but why would it close near the highs if the selling was so aggressive? Given that there is a long lower shadow and then a bullish candle close, we can infer that sellers were not willing to sell below $467.89. The buyers absorbed the selling at those prices. Fast forwarding, we notice that the volume and candle size has shrunk back to the average meaning buyers and sellers are in agreeance. The number of people willing to transact is decreasing. We also notice that a small range has formed. Buyers have not stepped in to buy above the previous low of day at $469.35 and the sellers have shown no effort to get back below $467.89. Now we have something to trade against instead of FOMOing in! We will look for a break of this range with increased volume. On the next candle we see bulls break out of the range with aggressive volume and a wide spread candle. Something of note is that the volume on this bull candle is less that the volume of our initial sell candle. If those sellers were still present, wouldn't they be selling at these higher prices and forcing the candle range to be narrow? This shows us that bulls are now in control and the selling from earlier was just a hoax. As we can see, the rest is history. If I FOMOed into the short as I had planned, this trade would have resulted in a loss. Being patient allowed me to realize that there was nothing to miss out on and actually allowed me to find a better trade. Key Notes Always journal your trades and review them Never FOMO into a trade. Be patient and wait for the trade to come to you! You dont need to take every trade to make money in the market. It is okay to miss a trade if it means protecting your account. Volume spread analysis is not 100%, but it can be useful in determining the strength of a trend.
NASDAQ:QQQEducation
by Decam9
31
Understanding FOMO in Trading and How to Overcome ItHey there, Traders! Have you ever wished you had jumped back to 2010 when BTC was just $0.0025 per coin? That little $100 investment could have made you a billionaire today, right? Breathe deeply! Come with me. Breathe in, breathe out. That feeling, which gnaws at you for not acting sooner, is known as FOMO. But what exactly is FOMO? And more importantly, how can you manage it? Let’s dive into the psychology behind FOMO.  What is FOMO in Crypto? What does FOMO mean?FOMO, or Fear of Missing Out, is that nagging feeling that you’ve missed a lucrative opportunity—like a great cryptocurrency trade or investment. FOMO often drives traders to make impulsive decisions in the crypto world, fearing they’ll miss the next big thing. This urgency can lead to hasty, emotion-driven trades, where fundamental analysis and risk management principles are tossed aside.  Simply put, FOMO is about deviating from a well-thought-out strategy and letting emotions take the wheel. Acting on FOMO can typically lead to regrettable outcomes, where decisions made in the heat of the moment don't pan out as expected. Real-World FOMO Examples in Trading Bitcoin’s 2017 Bull Run: Remember when Bitcoin surged to nearly $20,000 per 1 BTC? Many new investors jumped in, driven by FOMO, only to face significant losses when the market crashed soon after.  ICO Mania of 2017-2018: The ICO boom was another FOMO-driven frenzy. Investors poured money into new projects inspired by the success stories of early adopters in projects like Ethereum. Unfortunately, many of these ICOs failed, leaving FOMO investors in the lurch. Meme Coins like Dogecoin: Dogecoin's (DOGE) viral rise in 2021, fueled by social media and celebrity endorsements, saw many investors diving in, hoping to catch the next Bitcoin. Market Volatility: FOMO also strikes during rapid market movements—whether it’s a sudden price drop or surge. Investors, driven by fear of missing out on gains or avoiding losses, make rash buy or sell decisions. DeFi Craze: The DeFi boom saw investors scrambling to get a piece of the action, often without fully understanding the risks. Many were lured by promises of high returns, only to suffer losses when projects were underdelivered. What Triggers FOMO in the Crypto Market? – Social Media: Social media platforms are breeding grounds for FOMO, amplifying the urgency to act through viral trends and echo chambers. Influencers and celebrities sharing their success stories create a fear of missing out on easy profits, pushing investors to make impulsive decisions. – News and Rumors: Market sentiment can shift rapidly based on news and rumors, especially when major investments or regulatory changes are involved. A rumor about a big tech company accepting Bitcoin, for example, can spark a buying frenzy, driven by FOMO. However, it's crucial to distinguish between reliable information and misleading rumors that can lead to poor investment decisions. – Market Volatility: The crypto market's inherent volatility makes it ripe for FOMO. Sudden price spikes or drops can create a sense of urgency, prompting investors to act without thorough analysis. Effective risk management and diversification can help mitigate the risks associated with FOMO-driven decisions. – Winning or Losing Streaks: Personal trading experiences also contribute to FOMO. After a series of successful trades, traders might feel invincible, leading them to take on more risk. Conversely, after losses, the pressure to recover can drive rash investments. Understanding this psychological trap can help maintain discipline and avoid costly mistakes. FOMO vs. FUD: Two Sides of the Same Coin While FOMO is driven by the fear of missing out on gains, FUD (Fear, Uncertainty, and Doubt) stems from fear of potential losses. Both emotions can cloud judgment and lead to irrational trading decisions. FOMO can cause investors to buy at the top, while FUD might prompt panic selling. Recognizing these emotions and their triggers is key to developing a more rational, strategic approach to trading. How to Get Over FOMO in Trading? Create a Solid Trading Plan: A well-defined trading plan is your best defense against FOMO. Set straightforward entry and exit criteria, along with stop-loss and take-profit levels. This structure helps you stay on course, even when emotions try to steer you off track. Diversify Your Portfolio: Proper portfolio diversification is crucial in managing risk, especially in the volatile crypto market. Spread your investments across different asset classes and regularly rebalance your portfolio to align with your long-term strategy. This approach reduces the impact of FOMO on any single asset. Do Your Own Research (DYOR): Thorough research rather than hype is essential. Analyze market trends, understand macroeconomic factors, and stay informed about regulatory changes. Understand Market Cycles: Recognizing the market's cyclical nature can help you avoid impulsive decisions. Instead of chasing every price surge, assess where the market is in its cycle and adjust your strategy accordingly. Keeping a long-term perspective is often more beneficial than reacting to short-term fluctuations. Strengthen Your Trading Psychology: Managing your emotions is vital in trading. Techniques like meditation, regular exercise, and setting boundaries between work and personal life can enhance your psychological resilience. You can maintain a disciplined, strategic approach by separating emotions from trading decisions, even in volatile markets. Conclusion Oh, a new emotion…crypto FOMO is more than just an emotion! It's a powerful force that can lead to rash decisions and significant financial consequences. But remember, you are the captain! In the fast-paced world of cryptocurrencies, where opportunities seem endless, and change is constant, the best way to combat FOMO is through education and disciplined trading practices. Remember, the more you know, the less you’ll fear missing out.
CRYPTO:BTCUSD
by WhiteBIT
Bitcoin (BTC) in Critical Consolidation PhaseMarket Observations: Despite good news and rising equities, CRYPTOCAP:BTC is consolidating and moving sideways, which isn't a strong sign for bulls. Key Levels to Watch: Support Level: $60,000 – This level must hold, or BTC could move towards the downside. Breakout Level: $62,500 – A clean break above this level would demolish the bear thesis and likely trigger long FOMO in the markets. Current Market Range: BTC is still in a massive range, similar to summer 2023. If the fractal pattern follows, this accumulation phase could continue for another 35 days. Market Outlook: Stay cautious as BTC consolidates, and keep an eye on the key levels that could determine the next major move. #Bitcoin #BTC #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #SupportAndResistance #Consolidation #FOMO #Fractal #Accumulation
by Richtv_official
Bitcoin - The Marco MazeHistory doesn't necessarily have to repeat! I see a lot of history based derivation for the timelines and price as to when and how high or low bitcoin can sore. As exciting and adrenaline pumping as these ideas seem, the outcome will just be as good as any coin toss! The truth however is the "macro maze" above. I've taken sensible assumptions to derive on the timelines and humanly possibe price floors and ceilings! In this environment sensible assumptions can easily turn out to be the most major blunder, so as I always say, please do your own analysis! How to read the chart? It's quite simple, red is resistance or sell, green is support or buy. The intersections are where Bitcoin's price would likely be attracted to. There is no saying with precision when and where it would be. Kinda of like the Schrödinger's cat, you will only know when it happens. Anyone who says otherwise has a 50/50 chance of being right. Now, are you a trader or a gambler? Stay safe, peace out! Disclaimer: These are not trading signals. Trade at your own risk!
KRAKEN:BTCUSD
by TulpenFieber
Top 3 Tips on How to Avoid FOMO Trading (Fear of Missing Out)Here you are, casually sipping your coffee and watching the clock go by while you wait for the market to open so you can buy a few shares of your new stock pick. Remember, you chose that one after deep research and careful planning. And then “ WHAM! ” Twitter notifications start flying. GameStop (ticker: GME ) is once again rocketing to the moon after some livestream on YouTube unleashes a huge buying spree. “MUST. GET. IN.” — you, probably, after you get your emotions shaken and stirred by something called FOMO. 🔔 What’s FOMO? FOMO is an abbreviation for Fear Of Missing Out. This little four-word phrase can throw your investment rationale, thesis and analysis out the window so it could settle in your prefrontal cortex where your brain goes to make life decisions. In this blog, we’ll talk about that little gremlin FOMO and what steps you can take to prevent it from overriding your emotions and decisions. And for the sake of your time, we’ll keep it short. Let’s go. 💡 Tip 1: Plan Your Trade Plan your trade in advance and don’t sink into the moment. Knowing your entry, take profit and stop loss before you move into your position will eliminate the urge to rush in when things get hot. 🔴 Problem: News Releases, Earnings Reports We all know how intense markets can get when there are news reports coming out. Company data such as earnings reports or some of America's top economic events , such as the widely anticipated nonfarm payrolls , or the Federal Reserve’s market-moving interest rate decisions can spur volatility and cause trading instruments to seesaw and fluctuate in both directions. And because these events are well-known in advance — the Fed only meets eight times a year — these moments can be an attractive invitation to make a profit. 🟢 Solution: Plan your trade and understand that news reports and earnings releases are a double-edge sword and even if the data supports a certain narrative, i.e. lower inflation = higher gold prices, this isn’t always the case. Take a step back, regulate your breathing and keep your emotions in check. Wait it out until the noise tones down. 💡 Tip 2: Avoid Revenge Trading Revenge trading is the trading you do when you want to get back at the market after getting smacked in the face with a loss. Next time you stare at a losing position, notice if you feel the urge to jump right back in and make up what you lost. That's revenge trading. 🔴 Problem: Losses and Missed Opportunities Taking a beating from Mr. Market can be a painful experience. Yet, not taking the loss the right way can lead to even more pain and wiped out funds. Whenever you’re staring at a losing position, you might be tempted to sell out and jump right back in an effort to make back what you lost. 🟢 Solution: Avoid revenge trading. Recognize that pesky feeling, which — whenever you lose money on a trade — makes you want to pare back your losses with one quick trade. That quick trade could be a) more aggressive (for more potential profit), and b) cost you even more money because you’ve been impatient. 💡 Tip 3: Don’t Chase the Pump Any pump usually has a strong pull, because it makes gains look easy. All you need to do is catch the speed train (or get onboard the rocket ship) and, boom, you're in profit. Although, it's not as easy as it looks. 🔴 Problem: Pump and Dump Schemes Quite often we see some little-known stock or a cryptocurrency with a small market capitalization perform some outstanding moves. It may shoot higher by 100% or more and that may trigger some FOMO in you, causing you to panic-buy and then watch your investment evaporate like snow in water. 🟢 Solution: Don’t chase the pump. It’s simple. A pump can play with your decision-making capabilities and cause you to make irrational choices out of the desire to join the volatility train. But many of those pumps end up as dumps. Pump and dump schemes are real — the gains go as quickly as they came and you don’t want any of that. Final Considerations Forming a deep emotional connection with the market isn’t a bad thing. This place is your passion and you’ve chosen to participate in it, together with its ups and down. What you should pay attention to is how you react to its changing moods and whether you behave logically or illogically to get what you want. Acting illogically can lead you to trip up so you want to distinguish that. Use your emotions to get rational inspiration and excitement about what you want to accomplish. 📣 Your Turn! Have you ever tripped up over a FOMO trade that hurt your account? What was your trigger and subsequent result? Let us know in the comment section below!
Editors' picks
NYSE:GMEEducation
by TradingView
10
What Does FOMO Mean in Trading?What Does FOMO Mean in Trading? FOMO, or the fear of missing out, is a common emotion that traders experience. It is more than just an internet slang term. This powerful phenomenon can have a negative impact on trading decisions, leading to impulsive actions and poor risk management. This FXOpen article explores the psychology of FOMO, discusses how to identify it in trading, and shares strategies you may use to overcome it. FOMO: What Does It Mean? FOMO meaning in trading can be explained as follows: it is the psychological need for validation and the fear of being left behind. It can stem from various feelings and emotions, including greed, jealousy, and impatience. The Social Proof When traders see others making quick profits or getting on the next big trend, they often feel compelled to jump in as well. From newsworthy events to something as simple as a conversation with another trader, there are many things that can kick off a bout of FOMO. This phenomenon is closely tied to social proof, where people look to others for guidance, especially in uncertain situations. People tend to follow the actions of others to conform to social norms. Traders who give in to FOMO are essentially following the crowd without fully understanding the risks involved. The Fear of Regret The fear of regret is another force behind FOMO. Traders worry that if they miss out on a potentially profitable trade, they’ll regret it later. This fear can cloud their judgement and lead to hasty decisions. It can be amplified by social media and trading forums, where traders may see others boasting about their profits and feel pressure to keep up. It’s important to remember that hindsight bias often magnifies the perception of missed opportunities, making the fear of regret an even more significant driving force behind impulsive trading actions. Real-Life Examples Emotions have influenced market behaviour in many real-life situations. FOMO in the stock market is very typical. For example, during the dot-com bubble of the late 1990s, investors rushed to buy stocks from the technology sector, driving up prices to unsustainable levels. Similarly, during the GameStop short squeeze of 2021, retail traders on Reddit’s Wallstreetbets forum drove up the price of the stock. As a result of this situation, GameStop stock rose nearly 2,000% in less than a month. And then, it all came crashing down, leading to significant losses for some investors. The cryptocurrency* market has witnessed countless FOMO-induced rallies when many invested in highly speculative assets without proper due diligence. A classic example is the sharp rise of Bitcoin in 2017. When the price soared, the fear of missing out on the benefits gripped many, leading to a buying frenzy, and shortly thereafter, prices plummeted. Identifying FOMO in Trading A FOMO trader’s experience looks like this: A trader hears news of astounding profits or very attractive opportunities. Greed and excitement encourage them to buy overpriced assets as much as possible. When the prices fall, fear or even anxiety forces the trader to sell at a loss. The trader becomes impatient, and the cycle repeats. To avoid falling into this trap and losing money on ill-considered purchases and sales, it is essential to understand when FOMO appears in decision-making. This can be done by assessing the key features of behaviour associated with this emotion. Common signs include: Making impulsive trades without proper analysis or risk management. Following the crowd and making decisions based on what others are doing. Feeling anxious or stressed about missing out on opportunities. Overtrading or taking on too much risk in an attempt to catch up. Self-awareness is key to recognising FOMO-driven actions. Traders take the time to reflect on their motivations before making any trading decisions. If you feel like you need to take a “now or never” action, have a break, write down the idea and emotion in a notebook, and try to use techniques to control your emotions. If, after that, the desire to buy or sell the asset remains and can be logically explained, do it. Fear can appear in trading any asset; for example, there is FOMO in forex, in stock trading, FOMO in commodities, and more. It doesn’t apply to only one type of trading. To avoid it, you need to analyse the market thoroughly and plan your actions. This is where the TickTrader platform can help you. There, users can find the most advanced analysis tools and charts free of charge. The Consequences of FOMO Succumbing to FOMO can have significant negative consequences. Traders who act on FOMO may make decisions that are not based on sound analysis, leading to poor performance over time. Let’s consider the main consequences. Traders who act on FOMO tend to make more trades than necessary, resulting in higher transaction costs and increased exposure to market risks. FOMO often leads to neglecting risk management strategies. Traders may avoid setting stop-loss orders or ignore position sizing rules, which can amplify the impact of losses when they occur. FOMO-driven decisions can lead to buying at inflated prices and selling at rock bottom, eroding capital and diminishing confidence. How to Overcome FOMO Now that you know FOMO meaning on the stock and forex market, let’s find out how to deal with it. To overcome FOMO, traders can: Have a well-designed trading plan. Develop a clear and comprehensive trading plan that outlines your strategies, risk tolerance, and position sizing. Avoid making impulsive trades based on social proof or fear of regret. Practise self-awareness and reflect on emotions and motivations before making any trading decisions. Use risk management techniques to limit losses. Set stop-loss orders and limit your position sizes to protect your capital. It’s important to remember that FOMO affects traders of all levels and can be difficult to overcome. However, with practice and discipline, traders can learn to manage their emotions and make more rational decisions. Final Thoughts FOMO is a common emotion that traders experience, but it can have a negative impact on results. The consequences of FOMO emphasise the need for self-reflection. By using risk management techniques, traders can overcome FOMO and make more rational decisions. Remember, trading is a marathon, not a sprint, so you need time, discipline, and consistency. With this knowledge, you can open an FXOpen account and start your journey. And if you want to learn more about the psychology of traders, study our blog. There, we’ve collected everything you need. *At FXOpen UK and FXOpen AU, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules and Professional clients under ASIC Rules, respectively. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:MSFTEducation
by FXOpen
3
Bitcoin as a global currencyThat was at least how it was envisioned. To be usable as any form of currency, an asset needs to stay within a certain range that's sensible enough to work with. If you buy or sell a Bitcoin today you can almost guarantee that you will regret it the next day, week, month or in some cases almost instantly. So does it make sense as a store of value? Yes in a certain way at least for those who buy it and never sell it, managed to squirrel it away for the most part of the past decade. But what use is it if the profits are never realized? And who is to say it would be worth anything by the time you actually want to sell it? Looking back you notice that there these price ranges that are being traded for months on (almost seemingly forever) and then these price ranges through which it seemingly flies through. What if an asset doesn't just only go up? But also plans to visit it's humble origins? After all the only value bitcoin intrinsically possess is as much as the other person is willing to pay for it. The world as much as it seems to be focused on this for now will eventually move on. But what the heck do I know?!
KRAKEN:BTCUSD
by TulpenFieber
5 Hidden Dangers of Trading with FOMOIn the previous TradingView article we spoke about FOMO (Fear of Missing Out). And why it is really not necessary to deal with. There is always the next trade coming. There is always another opportunity coming your way. There is always time to take the next one. No we are going to unpack the five hidden dangers of trading with FOMO and how to sidestep them like a pro. The Emotional Rollercoaster: Stress & Anxiety Remember when I said. “Trading is not just a financial challenge, but an emotional marathon”? That’s never more true than when FOMO kicks in. When you miss a trade, I know that you could feel stress and anxiety creeping in. You feel like you’ve missed the most important trade of the year. Well guess what, you might have missed one trade – but that’s it. Success is based on 1,000s of trades not just one. So the key is to remember this, so you eradicate the feelings of stress and anxiety next time you miss a trade. The Short-Term Mirage: Losing Sight of Long-Term Goals FOMO pushes you to focus on short-term gains. Yes it’s important to try and spot high probability trades on a daily basis. But, if you miss the trade – just go on and look for another. There is bound to be more ready for you to execute or at least prepare for. And while you’re at it, remember these are lessons to help you to be more punctual and vivid with your trades. Following the Herd: The Danger of Sheep Behaviour Ever heard the saying, “If your friend jumps off a bridge, would you do it too?” That’s FOMO in a nutshell. YOUR job is NOT to take a trade based on what your friend, foe, analyst or stranger tells you to buy or sell. Your job is to either follow your own trading plan and strategy or your mentor’s. Resist the urge to follow the flock and rather, trust your own research, strategy and instincts. You’ll form Bad Habits Each time you give in to FOMO and you take a trade for the sake of it, you’re not just making a bad trade. You’re also cultivating bad habits for the future. And once the bad habit forms, it then cultivates and becomes harder to escape from it. Break the cycle by sticking to your disciplined trading routine. You’re better than that! Ignored analysis When you have that FOMO you want to then take impulse trades. And all your hard work and analyses and discipline is thrown out of the window. It’s like trying to navigate yourself without a map or GPS. And you’re depending on your instincts or your “memory”. It’s a very risky gamble and it could take a LOT longer to find your way. Don’t go against the strategy. Don’t take trades for the sake of it. Don’t have FOMO because you missed one or two trades. Just keep to your strategy and move on. It’s your trading compass for a reason. FINAL WORDS 🚀🌟: Trading with FOMO is like sailing in stormy seas – it’s risky, stressful, and often leads to nowhere good. Let’s go other the 5 danger of trading FOMO Stress & Anxiety: Keep emotions in check and stick to your trading plan. Short-Term Focus: Remember your long-term goals and don’t get distracted by short-lived trends. Sheep Behaviour: Be an independent thinker, not a follower. Bad Habits: Avoid developing harmful trading habits by maintaining discipline. Ignored Analysis: Trust in your research and analysis; they are your best tools for successful trading.
JSE:J200Education
by Timonrosso
When will the growth of Bitcoin end?Now the issue of time is more important than the price, we have less than 2 months from the halving and the price of Bitcoin is 60 thousand dollars.  This strange bull run that eats all the resistances one after another looks like a bull trap before hawing. Now we are witnessing a strong FOMO wave (in the 4-hour time frame, the important resistance of 53,000 to 54,000 is broken and the chart does not pull back, then Bitcoin grows by 11%), this is a sign of the swallowing of newcomers to the market. The most important thing to think about is this Is 60,000 bitcoins suitable for buying by big capitalists (other than micro strategy)?  How about 50 thousand? If your answer is yes, then you don't respect the risk to reward, as a result, this market loves your excitement and will drown you soon. For some time now, the intense greed of the buyers has paid off (thanks God). I am not talking about taking a short position in Bolran, saving profit and enjoying the correction of the market. In terms of time analysis, we are witnessing the last bullish day of bitcoin and we are approaching the correction phase on the general bullish wave. In addition, TOTAL3 (the value of altcoins without Ethereum) has also reached a critical level, we probably have 1 blood month.
Short
by Sadegh_Sh
1
TNXP: Tonix Pharmaceuticals, TIME FOR PROFITS?!? ;)What's up my financial amigos and amigas! Hope all is well. Haven't posted in awhile but thought I'd share this: TNXP. Pharmaceutical company with decent history and negative earnings but continued improvement and growth. Working on approval from FDA after successful phase 3 trial of Fibromyalgia drug (among other projects). Obviously, this is a more risky stock/company (and of course, I do enjoy a good gamble). This could certainly plummet more and/or result in being stuck in longer term position than desired. However, based on prior patterns of "mooning," coupled with my charting projections and current positive "news," I think it's time for at least a 100% pump. We'll see...not financial advise and do your own research (and send me 10% of profits...jk, sort of). Projection: >10 trading days for 50-100+ percent Good luck trading
NASDAQ:TNXP
by TheLuckyNoob