🎀Trading Education: EXPECTATIONS VS REALITY🎀
❤️As an aspiring trader, you might have found yourself daydreaming of a life filled with endless profits, exotic vacations, and luxury cars. You might have even started to imagine yourself as the next Wolf of Wall Street, impressing your friends and family with your wealth and success.
💜But the reality of trading education is somewhat different from the fanciful expectations we often hold. Yes, it's true that trading can be a lucrative and exciting profession, but there are a few things you should know before diving in headfirst.
🧡First and foremost, trading education is not a get-rich-quick scheme. You can't simply enroll in a course or attend a seminar and expect to become a millionaire overnight. It takes dedication, hard work, and a willingness to learn and adapt.
💙Reality check number two: trading can be risky. No matter how much education or experience you have, there will always be factors beyond your control that can affect the markets. Successful traders understand this and know how to manage their risk accordingly.
💛Another thing to keep in mind is that there is no one-size-fits-all approach to trading. Different strategies work for different traders, and what works for one person may not work for another. This means that personalized education and training is key. It's important to find a mentor or course that aligns with your goals, personality, and trading style.
🤍Last but not least, trading is not a lonely profession, contrary to popular belief. While it's true that traders spend a lot of time analyzing charts and making trades on their own, there is a whole community of traders out there willing to share their knowledge and experiences. Whether it's through online forums or in-person meetups, connecting with other traders can offer invaluable insight and support.
💚In conclusion, if you're considering trading education, it's essential to adjust your expectations and face the realities of the industry. It takes hard work, dedication, a willingness to take risks, and personalized education to succeed. But with the right mindset, community, and drive, anyone can achieve success in the exciting world of trading.
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a huge nasdaq trading opportunity not to be missedi come bearing pips for you guys and here's how you can get them, buy going long on nas100 for the short term because the trend on the higher time frames is down. so my observations are as follows:
1. market broke out an upward trendline on the weekly and monthy timeframe
2. market sold till a major support zone on the daily, monthly and weekly
3. as the new low is formed i am looking for price to push up and form a new lower low and make another touch on the downward trendline
4. currently on the H1 a double bottom has formed so i will go long once the neckline breaks and place my trades
feel free to share your observations! go subscribe to FIRST CLASS INSTITUTION on YOUTUBE for detailed breakdowns of the market, God bless!
The most Simple nas100 Idea everWell in an up trending market like this you can wisely be taking more buys or you can go do the hard job Hope for a sell set-up to occur .
Simple a Inner trendline has been drawn on lower timeframes'
we expecting a 3rd touch
successfully stay above trendline through a series of confirmation candlesticks
FOMC *COULD*Do for GoldGreat news Friends set-ups forming here on this Gold 4h chart
Now you have your inner trendline holding 2 touches
what is best is that we get a 3rd touch then further execute if it is successfully respected
You can tell me what you think
Higher times are at least this year bearish so why not follow trend even better be it's best friend
Beware when you officially start placing trades as there is FOMC Meetings later on
Nas100 potential last Buy move before retracementWell Great news great news read below to find out how you can capitalize on Nas100 pair
First and foremost is our long term w1 upward trendline it has been respected
secondly there is a level resistance in the w1 in which yesterday the market successful close below it.
lower timeframes are showing a possible pullback be fore we go test those levels
what i see is important likewise is your opinion let me know
Gold sell setup ahead of FOMC MeetingWe few drawn trendlines
The outer trendline and the inner trendline which the market is approaching as it stands.
Factors and reactions i see now on the inner trendline
H4 Momentum slow down to the upside
More to be concluded in the later hours Tell me what you think?
Swing trade opportunity on EURUSDWe have clearly had a surge of downside movement in the last two weeks
Now what's occurring currently
1.Market is respect a weekly strong Upward trendline
2.It is not breaking below in lower timeframes
3.Last 24 hours we have seen cluster of candlesticks on the hourly charts
Hey Tell me what you think about your opinion will be highly appreciated
GBPUSD Trendline RetestWell as simple as I can say is we in a uptrend and what do you look for in a uptrend BUYS
So we have:
-Strong Upward Trendline
-D1 and H4 held trendline for some days
-We had a cluster of Candlesticks in which we ended up getting a bullish engulf up then right now failing to close below.
-Making Higher lows
Enter at your own risk
Do re analyze conclude from there
JPY Market insightThe higher Timeframes tell us we Long term Downtrend however we have seen less intent of movement to the downside.
Things to Consider before a Trend change:
1.Break of previous Lower high .
2.Create new Higher highs x2 or move
3.Reject Broken key levels.
Till then we should be considering selling on the Long-Run
GBPUSD Sell set-up forming. Nice potential swing trade 90Pips+This set-up shaping up so good .
We noticed that we have been in a down trend Monday we had a push up phase however I noticed on the chart there has been a loss of intent to the upside furthermore with the dollar weekly chart signalling upside movement it is clear to see why this is stalling at resistance point.
Confluences so far
Lower highs and lower lows are being created
We not breaking structures
More to be concluded on New York session
GBPJPY Outlook last Wednesday of August trading dayI Expect to see some futher continuation to the downside let's look at the reasons why.
Confluences
×Market is failing to make new higher highs nor is it creating any higher lows so it means there's a short-term loss of intent for price to roll up.
×On daily structure we currently didn't manage to close above previous lower low point
×we in a down trending market why would we want to oppose what we see happening.
Some liquidity taking and few candlesticks confirming should result in us taking sells.!
Feel free to add input because in this trillion dollar market we learn everyday