Funny
Three GOLDEN rules of tradingThree golden rules of trading
1. Learn when to stay out of the markets. This comes from the principle that it’s almost always good to do the contrary of what beginners do. Think for yourself, beginners tend to always search for an entry and predict any kind of price action, even the choppiest one. The truth is, sometimes markets are in condition when it’s just doesn’t make sense to trade and we need to wait.
Some questions to ask ourselves: if I would enter 1000 trades like this, do I think it will be a consistent strategy?
Do I really see a clear price action development now, or do I want to enter very early to not miss the initial move, which by the way will develop basically out of nowhere? It’s an illusion that we need to predict everything. We need to see clarity, not predict the chop.
Realize, that what we often need to do in live markets is DO NOTHING.
2. Learn how to lose
Most traders who are still learning, and after a loser, tend to become emotional (fearful, frustrated, angry etc.) and start to act based on emotions, not an actual plan they had. This can be conscious when you understand you’re making a mistakes, but emotional brain took over and you still overtrade, tilt or over risk. Or it could be unconscious when you believe you’re doing the right things.
So how to do it? Be aware of your emotional triggers, have a mental journal and step by step learn to RESIST this desire to revenge and place another trade. It’s a long process, but with commitment, it’s possible to achieve.
3. Learn to actually follow the rules
It’s a hard one to master. Beginners and even experienced trades tend to deviate from the rules of their strategy without proper testing. You constantly need to keep in mind that placing random trades will give you random results and it’s not sustainable long-term.
The best way to do it is to start a rule-following challenge, when you tick day by day if you followed the rules.
Most people didn’t follow their trading rules even for 5 days in a row! Just think about it.
BEST Crypto Memes 🤣TAKE WITH SALT - degen levels memes incoming !!
... Because sometimes, you just need to take a break, relax and laugh a little! Enjoy my favorite compilation of crypto memes 😎
RIDICULOUS I mean smh. (But please Blackrock)
yikes
When it does that thing...
Not wrong
Not sure that this is even a meme
The perfect art doesn't exi...
Because who needs bread amirite
sad for real
no frens in the industry...
I am though
🤣🤣🤣🤣🤣🤣🤣🤣🤣
Thanks for hanging out with us,
SHARE YOURS BELOW !!
Not looking good for DXYYou tell me this sorta looks like a bearish divergence potentially printing. Obvoisudlt you should be careful applying indicators to things that arent directly assets but this is still interesting nonetheless especially when we are simultaneously seeing a bullish divergence in the SPX....
SQQQ hopes.There's a lot going on in the world. A war against Ukraine, rising gas prices, and so much uncertainty. That's bad for us, but great for this stock. Allow me to introduce you to ProShares Ultrapro Short QQQ. Ticker symbol: SQQQ. This is a short of the Nasdaq. What's a short you may ask? A short is when you profit off the market doing bad (in this case, the Nasdaq: QQQ)
There are two reasons I bring this up. Reason 1: I am using the MA (Moving Average) 9 line which is for 1-3 week investing. I see my MA 9 line going through the Green heikin ashi candle on March 7th. This is my "Buy signal". As you can see, it has gone up nearly $8 since we got the buy signal. Reason 2: with the war, much of the stock market is going down, what with war intensity and cutting of Russian imports, it's not looking good. Thank you for reading, have a good day, and remember: This is my sole opnion, you do not have to agree or disagree, take this as a alert, not me telling you to buy it or I will find you and hurt you.
SQQQ SELL LINEThis is halarious I even have to publish this, I just did an idea off of the QQQ on the buy line and just realized; "Wait, if this is the case, then isn't the short at a sell line?" I check and yes, that's correct, I don't feel like writing down (or typing I guess) my explanation again, so here's the short of it: Yellow line go through red, sell, don't buy.so, look at the chart, does this add up? Yes. Long story short, sell your shares and then buy back in lower. It's for your own good.
Wish sperm about to explode Funny it looks! but this one is going to explode... direction still a mystery... if the markets tank next week $4-5 is coming if not $8-9
deep esotericism $WMTif we are to look at a sizeable nine-figure gub contract for turning certain locations into FEMA camps for the unvaccinated, then we should expect the market to price in both the extra liquidity provided to the small-scale american business owned by the Walton family and the kiss of the state from said gub contract all together most rapidly, and with a 2.88 IV percentile at entry, who can think of a better setup to pay attention to for this fiscal quarter into the holidays!
TOTAL ALT MARKET CAP BIG MOMENTPerfect double bottom bouncing off this fib
This represents McDonalds workers taking off their hats turning the M upside down
You think this red candle got beef?
This could be the best break up since Brad Pitt and Angelina Jolie
Do you believe in Wyckoff?
Well the bulls are hopeful and the rent is due my dude
but I will still wake up early in case in need to fry up some raman noodles for breakfast and put on my McUniform
A Retail Traders Guide to Tesla As a retail investor, the idea of chasing the ultimate trade and making the one that changes it all is always on the forefront of the mind. Personally, I am one good trade away from my dream Porsche. Tesla easily becomes alluring for just that trade. I mean when the $830 strike goes from $37 dollars to over $5K in three days who could blame you. The problem is the fundamentals do not add up.
Twenty-six ranked analysts set 12-month price targets listed below.
High target $810 – 7.96% Up
Low target $40 – 95.45% Down
Average of the 26 analysts $501.29 – 43.04% down
P/E (TTM) currently stands at 1743.58X!!!! For perspective Google is 34.74 and Apple is 40.42.
Not to mention that several analysts have real credibility issues with how Tesla reports their numbers to add an additional kick in the pants.
www.marketwatch.com
The real question is when does the madness end? As it stands it appears it may continue forever and realistically top towards a stock price closer to $1000. But it doesn’t take an IQ of 155 (Elon’s reported IQ) to realize that the current price is not sustainable nor realistic. It also doesn’t boast well that a reported $40 Billion was lost shorting. If you are reading this, it is not time to pull the rug.
My advice for my retail brethren is to leave this stock to the big boys/girls and hedge funds. The ultra-premiums and the high IV, along with the high risk of downside potential is not worth it.
As always feel free to comment, but forward hate mail to TESLA headquarters in California which I’m bound to get.
(Google Diabetic Insipidus from the top of the chart for a good laugh)
DOW is BLEEDING (from the anus)Taking the serious news with a side of humor. But it looks like the DOW is gonna go to 12000.
Get your shorts on and get ready to pop some bottles. Never waste a good recession.
Or, in this case, possible 10 year long depression.