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Greed

Trading strategies, Part 1: First stepsWelcome to a series of videos called Trading Strategies. In the next couple of weeks, we'll talk about different strategies one can use to maximize gains: Market psychology, trading tools, trading styles, technical analysis. Today, the first steps: 1- Defining who you are: Are you an investor or a trader 2- Educating yourself: Knowledge is the best tool someone can have on the market 3- You can't win all the time 4- Don't be greedy Stay tuned for more content
BITSTAMP:BTCUSDEducation
by KairoiCapital
1
SELL YOUR BITCOINS Because...Hello Dear Crypto Traders or Holders. How much you know about BTC Fear & Greed index? Do you know when the market is in Extreme Fear or Greed what will happen? I am here to learn you a little this type of market analysis . Well, if you see this idea, congratulations, you are far ahead of many in this market who understand the use of Trading View. You can tell the difference between analysis and good prediction. let's get to the point Not all tools are always used to analyze the market more accurately, and you need to integrate them properly according to your own strategy. For example, indicators are not used alone, you have to combine the technical with it or ... I am here to tell you that bitcoin will not go higher than its own ATH at this time, as many expect, you ask why? I combined the technical and classic RSI indicator and another useful tool called BTC Fear & Greed index. Well, you know that markets often react to their own past What does this market tell us now? He says that whenever the BTC Fear & Greed chart penetrates above 80 and reaches Extreme Greed mode, most of the whales and big ones in the market start selling their possessions when simple people are greedy, and look back at the market in this situation. crash and experience deep shaving Or vice versa, when people are in deep fear and this tool goes to the numbers 30 and below, whales use people's fear and get their property cheaper than they grab. Conclusion: 1. Bitcoin has reached its greatest resistance. 2. The RSI indicator from 6 OCT 2021 shows a negative divergence. 3. The BTC fear & Greed index tool has reached over 80. 4. People who bought bitcoin for 64,000 are selling. 5. In the lower time frames formed a twin hills (Double Top). 6. In the 4-hour candlelight we see that the candlesticks do not have the power to break this important level at the moment. 7. And more importantly, the whales are thinking of trapping traders. You can save your profits and wait for lower prices. Now you ask what if he did not correct and BTC hit the ATH ? Because in this market, nothing is 100%. In my opinion, if 10% of this happens, after hit the ATH btc will return to 64000 and when the pullback completed you can enter again. BE SAFE
Short
by aqayesalehi
9
AXS/USD Short. Signals: Position: Short Entry price: Limit order at 119,537 Target price 1: 101,570 Target Price 2: 72,837 % decrease: P1: 15% P2: 39% Indicators: DMI: The ADX line is showing strong signals of a trend and the D+ line is staring to slope downwards as well as the D- line is showing signs of a downtrend as about to start. RSI: The RSI line was above 70, a t81,80 and has started towards 58,34and signs of being overbought. MACD: In this indicator has the MACD line crossed the signal line and negative momentum has started. Fear and Greed: This indicator indicates that the market has extremely greedy investors and that the market is due for a correction. Analysis: The analysis indicated on bearish signals from both the three indicators, where DMI shows negative momentum, RSI is showing signs of the cryptotoken being overbought and the MACD line is showing signs of bearish momentum. A recommendation is to enter the trade when the price brakes below the support and retests it successfully as a resistance. Fear and Greed Index is showing extremely greedy investor climate resulting the market waiting for a correction. Together with this index and the other three indicators is the analysis able to show signs of a short position. No Financial Advice.
COINBASE:AXSUSDShort
by vf_investment
Greed makes blindDuring the last "bull run" to $65000, Bitcoin tried three times to break the resistance upwards into the next higher channel, which it failed to do. The consequence was a series of FUD, promoted by numerous promoters, twitter bots and media. Today we are still in the lower channel. Only if we break it permanently, we might get into the the same channel that BTC used to be in, as it started its first attack on $65000. Today is the third attempt of bitcoin again to break the lower channel upwards.... I assume that the bears will once again do everything in their power to touch the lower channel of this smaller channel before a possible bullrun will finally offer them no more options to short BTC. This idea is invalid if bulls breaks the 56-57k barrier permanently in the weekly chart. This is just my opinion, it may be wrong. This is not an investment recommendation to buy or sell bitcoin /crypto.
BITSTAMP:BTCUSDShort
by Lobotto
1
BTCUSD "Economic Bubble"?Thought it fitting to sketch Dr. Jean-Paul Rodrigue "Economic Bubble"model over BTCUSD Weekly TF. Imagine how fast this would move once "FEAR" was to properly set in. Thoughts on price action over the next month? "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
COINBASE:BTCUSDShort
by Trader_Johnni
9
Patience Patience Patience...As a trader of 4 years, I learned Many things, but the most important thing I learned was being patience. Patience is by far the hardest thing to achieve because from my point of view, I always wanted to be in the market. The excitement, the blood rush, knowing you can make money quick and fast. That was my psychology. This problem is not only me, but many traders as well. I have spoken to an abundant amount of traders and they always tell me "I can't miss this move" "I want to make money fast" "What if this is the bottom or what if this is the top" "I miss my entry, but I will just go in anyway." "I am bored." "Market not moving" When I started trading back then, I always had these comments imbedded in my mind as well. I always wanted to be in the market, I always wanted to make money fast, etc. But in reality this is not the case. I started to change my mindset of trading when I took a big loss, yes a big loss, not just any loss, a loss that made me learn my lesson. It all started 2 years ago, I was trading a crypto pair. I had my plan set up. I knew where I should long and where I should short. Days pass and the price was nowhere near my area of interest. The feeling of boredom, the feeling of wanting to be in the market, the feeling of "I might miss out" came. So I took the trade. Then the next day happened, boom, I took a loss. I was upset and without being patience enough to wait for the entry, I took another trade because I wanted to get my loss back and I couldn't wait to do so and the result was another loss. This is where it happened, after both losses, I waited for the pair to go to my ideal set up, It took weeks before it did. I wanted to see what would have happened if I just waited. When the pair was in my ideal spot, I took the trade. Days pass and the trade hit my Take profit. That very moment, I knew I had to be patient. As of now, Every Weekend, I mark my areas of interest from daily all the way down to 4 hour or even 1 hour. I have never taken a trade until it hits my area of interest. This made me a better trade. Remember there are many more aspect of trading than just being patience. This is just one of many important key elements of becoming a successful trader!
by OmaOne
Manage your emotionsTrading requires focus. It is crucial for traders to know exactly what to do to control their emotions while trading. It is also important to know when to accept a loss and move on. Here are 10 tips from the pros to manage your emotions while trading: 1) Manage your stops carefully. A cautious approach to stops and limits will keep you from making rash decisions. It hurts to get a trade stopped out, but over time you will save money on losses. Your trading journal can give you useful comparisons on levels for stops. 2) Don’t marry your positions. It’s easy for a trader to get stubborn, and to hold on to a trade just because he ‘hopes’ it will turn around. Close down a bad trade as soon as possible, take your loss and move on. Your trading journal will suggest the next move. 3) Follow each trade with a break. Trading goes on at a rapid pace, so don’t get caught up in the action. Take a moment to think about something else, and then come back and deliberate. Now look at your trading journal to get the next idea. 4) Set a fixed point at which you stop. After three, four, five or whatever number you choose, stop for a good long break. It’s when one trade follows another that most mistakes happen. Consult your trading journal and review your strategy. 5) Don’t keep track of profit and loss. Doing the math on your earnings will only get your emotions working. Concentrate on your trading strategy, and review your trading journal to develop it. Then, at the end of the trading day, you can check out how well or poorly you did. 6) Keep your mind on the plan. Don’t let the results of a few trades change your overall strategy and approach. Stick to what you have learned and what you have planned – use your trading journal to develop your next moves. 7) Don’t confuse prudence with fear. You want to trade prudently, using logic and reason. This may make you hold off on a trade. But make sure that prudence, and not fear, is behind your decision. Fear can wreck your trading by keeping you from making a trade. Use your trading journal to see if the trade makes sense, follows previous wins, or if the trade just doesn’t make sense. 8) Watch out for greed. Greed can make you stay in a trade when you had planned to exit, hoping to milk it for a little more profit. Such trades risk turning out badly, just when you thought you were winning. Use your trading journal to judge the best exit points based on past behavior. 9) Don’t act on anger. When you’re angry, hold out, wait until reason takes hold. There is no worse trade than a “revenge” trade, in which a trader follows up a loss by jumping right back in to recoup. Consult your trading journal to get back on track. 10) Don’t give up. There comes a point in every trader’s life when it just doesn’t seem worth it anymore. Don’t let yourself be intimidated. Trading is tough, but you can win.
Education
by MoonBets
5
Classic Wyckoff Accumulation playing out.Noticed a perfect example of a classic Wyckoff accumulation playing out on the 6H, and wanted to do an explanation of how instructional investors and whales define support and resistance zones and use them to shake out retail investors during accumulation. The Wyckoff method plays out in every market that has institutional investors. Once defined, understanding it is a powerful card to have in your hand when you're trading. You'll notice from the volume profile on the right that the price action stays within defined support/resistance levels. That's because the big buyers set the levels. This $31,500-$40,500 range is also the defining volume range in the distribution leading up to the ATH, making it a substantial level of support over the long term. Reading volume is important when doing Wyckoff analysis as it will definitively tell you whether a move is false or not. Note that the uptrend in Phase D & E are for illustration. We may still have some bear market to come, but we are at the strongest region of support since the start of the bull run, so we may be turning around. Understanding the psychology of greed and fear is important as well. Greed is the driving force of large investors to shake out smaller retail investors during uncertain market times. It works because retail investors tend to trade on emotion, becoming fearful when a large price drop takes place. Institutional investors can ignore emotion and and simply stick to their targets as they have a much larger financial cushion and the ability to act as market makers on a larger scale. Once you understand the psychology of fear and greed in markets and how volume can be used to confirm price action, you can stop being fearful, stick to a strategy, and begin trading with the market movers instead of against them—as more often than not this is a losing battle.
by HeyJonBray
Overproduction, greed and a lack of shippingThis is a production chart and the last of my economic charts. I want to take a second to think back to 2020 here. The world shut down, when it reopened the Suez Canal got blocked, shipping is still no where near recovered. The rich are pulling PMs off the Comex as a silver squeeze happened, and a lack of shipping on top of this and scalpers lead to SO MUCH tech not being available. Is till can't get a new GPU or PS5 AT ALL. then you had massive food issues, droughts, oil pipeline attacks in America and the middle east, incompetent world leaders and fighting between nations and soooooo much more. It's of no surprise to me that bond investors my be getting spooked, on the other hand, with great risk comes the potential for great reward. Just something to think about the next time you order fast food and find only one person working 60+ orders or order something from amazon and find it got lost in that black hole never to be seen until you get on their case. My next charts will be a few TA on some of my favorite crypto, MEME coins and stocks and what I have been looking at for trades afterwards
FRED:BUSINV
by Joshuakm
BTCUSD: North only - or 50% correction? 'Everybody' want's BTC to go north only. Well, you know what I mean. People want to know why Bitcoin is flaking out. Some will say ' Anytime soon to $75,000! " There are several indicators on this chart. No predictions here. I don't do predictions. Only probabilities. The chart shows some conflicting information. BTC is now coming into a zone of congestion and just nudged below the 100 MA. These two things suggest that 'everybody' who was holding their powder dry will be looking for a good deal. And sure they may make a few bob (as we say in England). There is no 'death cross' so 'everybody' is relaxed. But there is a problem. The ATR on the daily has shown a sharp switch. This is not a good sign for a bullish market on this daily time frame. It indicates a probability for further movement south. But hold on - I didn't say price is going south 'now'! Possible scenarios: 1. Price collapses dramatically now. 2. Price goes into consolidation and then collapses. 3. Price consolidates and moves north for while. 4. Price rockets to the moon right now. The indicators are showing some interesting areas, that others may be watching. Caution: Indicators rule no market in the world. They give us a probability. So for every probability south there is a residual probability north e.g. if 62% north then 38% for the south (note this is just an example). And what does north mean? North doesn't mean to the moon. It means that price in any market may move a certain distance north which nobody can predict how far. Substitute 'south' for a bearish outlook. But I don’t imagine many people want to think about that one. But note also that technical analysis does not rule markets. There a fundamental issues that rule too. But charts have a hard time mapping out fundamentals (unless it's some specific type of fundamental data). What's spooking the Bitcoin market? The chatter in the blogosphere is about a ban on Bitcoin coming from the US, UK, China, Turkey and India (probably other countries as well). A few months ago I referred to when Gold was banned. I was laughed at. No problem. People simply said, "Nobody can ban crypto!! No chance! Impossible to enforce. " Well it doesn't matter. The point is that those who made their killing ain't taking the chance that it could be banned. The next issue is that there is word on the block of a wave of capital gains taxes to hit. Are people going to wait on Biden to finalise it? Some will, some won't. Those who made their money are probably cashing in and not waiting for bad news. I don't blame them. The history of the Gold ban is one that people should dig deep into. I'm not saying that Bitcoin is gold. I'm saying that your leaders who invented and protected fiat currencies, are most unlikely to allow an independent store of value to challenge their world order. I don't want Bitcoin to flake out. I love its rebelliousness. But that particular feature is what may make it intolerable to 'the authorities'. Four times (approx) the price of gold (at peak) is serious provocation. Trend is more important than price. Some say the trend is their friend. Some don't believe that. Oh my mate (not on Tradingview), held on at $51,000 instead of bailing out. Tonight it's around $48,000 🙄 . Why do people hold on? They 'know', or they 'hope', it's going back north. The 'enemies within' rule. This mate of mine is not a trader. She'll probably hold on some more and if it pushes back to 56,000 will say ' See what I mean - I was right! ' That's some kind of confirmation bias or something. But folk like these don't have an exit strategy. I don't tell people what to do with their money or investments. Disclaimers : This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions and not intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BITFINEX:BTCUSD
by Captain_Walker
18
BTC - Don't Buy the Dip!The problem with wanting to buy the Bitcoin dip lies in knowing where the dip actually is. And in the case of Bitcoin, using conventional logic to determine the latter simply will not do. That is so because the crypto-king continues to epitomize the so-called "animal spirits". Bitcoin's rally was, and continues to be, driven primarily by greed. Traders can be expected to want to go long at the first possible time for the same reason. Hence, buying/selling discrepancies are likely to be created at every new dip, bolstering the adverse volatility in the market. However, the market is long overdue for a sizable correction, and the BTC may dive below 42k and head towards the psychologically significant support level at 30000.00. What can be asserted with fair confidence is that the eventual dip would not be followed by a V-Shaped rebound. Rather, the new correction is likely to be concluded with more erratic price fluctuations. Do not rush to buy in at all costs because there are plenty of reasons to expect a deeper correction. Watch the Fibonacci retracement levels and the moving averages.
BITSTAMP:BTCUSDShort
by Trendsharks
2
Most common mistakes in tradingHello my friends today i want to talk with you about most common mistakes in trading from my experience (any market but specially in crypto) And after reading this i hope you will avoid them 1- Not Patient Enough : I think this is one of top major reasons for failure in cryptomarket Most newbies in this Field are thinking they will be rich in few days thats completely wrong ...Any old trader here will tell you how the patience will paid off 2- More Than You Can Afford To Lose : only risk what you can afford to lose ... more than that will lead to alot of mistakes and you may close your position after any small drop before reaching stoploss point and thats wrong my friends 3- Not Using Stoploss : Stoploss is important but i recommend manual stoploss by candles closing not automatic one to avoid manipulation in market.. if you dont know difference between manual and automatic read my previous idea about it 4- Over Trading : Alot of trades every day wont make more money ...instead, it will make you more stressful and staring at charts all day resulting in more mistakes 👉Fewer in numbers and higher in quality trades per week or even month are enough sometimes best thing you can do is not trading at all when market is uncertain 5- Emotional Trading : Both fear and greed play big role in the market movement When you see most of people are greedy you should start taking profits partially ..and also try to avoid selling during panic sells 6- Revenge Trading : Like using all wallet to buy one coin (all in) or doing high leverage postion to recover losses fast usually end in liqudation or big lose and leaving market completely This market need you to be flexible 7- Ignoring Your First Plan alot of very good plans and managements from start but you continusoly change it by listening to other random people opinions trust in your self and trust in chart no problem from taking advices from more experience people but you should trust in yourself first by have your own view and own plan How many mistakes you find yourself doing it ...choose the number from above and tell us in comments
Education
by Babenski
43
FEAR or GREEDFear and greed are 2 of the most common emotions that traders experience. Manage your fear because acting out of anger or fear will destroy your chance of success. Control your greed because the market will always be there and offer more opportunities in the days and weeks ahead. Eliminate these 2 emotions while trading. Frequently Asked Questions Why are fear and greed so important to market psychology? Many investors are emotional and reactionary, and fear and greed are heavy hitters in that arena. According to some researchers, greed and fear have the power to affect our brains in a way that coerces us to put aside common sense and self-control and thus provoke change. When it comes to humans and money, fear and greed can be powerful motives. How do fear and greed affect markets? When people are overtaken by the power of greed or fear that becomes rampant in a market, overreactions can take place that distorts prices. On the side of greed, asset bubbles can inflate well beyond fundamentals. On the fear size, sell-offs can become protracted and depress prices well below where they should be. How can traders take advantage of fear and greed in the market? Fear and greed create overreactions, which means that savvy traders can buy oversold assets and sell overbought ones. Adopting a contrarian strategy can be a good idea, whereby you buy when others are panicking - picking up assets while they are "on sale", and selling when euphoria leads to bubbles. At the end of the day, however, it is human nature to be part of a crowd and so it can be difficult to resist the urge to deviate from your plan. How can one measure the level of fear or greed in the stock market? There are several market sentiment indicators one can look at, but two specifically interrogate the emotions of fear or greed. The CBOE's VIX index, for instance, measures the implicit level of fear or greed in the market by looking at changes in volatility in the S&P 500. The CNNMoney Fear & Greed Index is another good tool that measures daily, weekly, monthly, and yearly changes in fear and greed. It is used as a contrarian indicator that examines seven different factors to establish how much fear and greed there is in the market, scoring investor sentiment on a scale of 0 to 100. All the information was taken from Investopedia open source. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest