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HOPE

99% of day traders consistently lose money (educational)In this screencast I present results of a scientific study carried out on day trading, in the Taiwan Stock exchange. I explore some volatile instruments that some day traders may get stung by. The results of the Taiwan study are shocking. Disbelief leads people to argue that 'that's in Taiwan - so what?'. However the results are informative of cognitive and behavioural characteristics of day traders, more widely. Even if the results are 50% applicable outside of Taiwan, they are seriously worrying. For those interested in reading the study, Google: "Do Day Traders Rationally Learn about Their Ability". So, what does it all mean? For me it means: 1. That the knowledge, skill and experience required to be consistently profitable are extreme. 2. Day traders are most at risk of burning their accounts and departing never to return. 3. Even seasoned traders are at huge risks of losing money. 4. It isn't about methodology - it is about 'individual trader psychology' New traders need to be very cautious in following experts. A fair few of seasoned traders have set up training programmes, from which I suspect they make more money training, than in trading. Hard evidence on that is of course not easy to come by. But it's not me just saying so - a handful of true experts out there have said similar. [ For the avoidance of doubt, I have committed never to sell anything to new or seasoned traders. What you see is what you get. I do not need anybody's money. ]
BITSTAMP:BTCUSDEducation
by Captain_Walker
Brace! Avoid being flushed out in the 'Economic Colonic'. In this screencast I show how I attack the US30. It's very different to what you see 'out there'. This is about a robust and real trend-following methodology. And not - I'm not selling anything! WYSIWYG. Totally for free! Everybody deserves a chance. Reality has come home to the markets - globally. There is a mega trade war on at the moment and it has been for several weeks. The impatient and greedy will lose their money to those who are patient and strategic.
FX:US30Education
by Captain_Walker
Bitcoin forecast: the downtrend is NOT overSo, where are we right now? Everyone is acting like Bitcoin is doing unpredictable things and are getting liquidated. In this market context, which is a bubble burst , we have to keep in mind a couple of things before entering trades: What drives a bubble burst is market-psychology and an alternance between hope and fear : an alternance between FUD and FOMO. While inexperienced traders and emotional investors who bought the top are trying to "cover their losses" or make quick and "easy" gains using heavy leverage on small timeframe trades, experienced speculative traders are using them as fuel, and making them fall for FOMO and FUD. Shorts were at an all-time-high (which means that there are a lot of liquidations and stops to hit, this can give a huge momentum for an upward movement), we were getting dangerously close to the apex of a symmetrical-triangle, the order books were getting thinner by the minute and alt-coins have been rallying for a few days, this creates the perfect setup for a quick pump. In the context of a bubble burst, entering short term trades with heavy leverage is very risky due to the higher than usual volatility. Most inexperienced traders with poor money management will burn their accounts during such times if they use high leverage in short term trades. Now, what am I anticipating? I am anticipating a new wave downward a bit slower than the previous one which should hit a new low which I estimate to be around 4k8. In my opinion, we could have a trend reversal if we break the previous top around 8k8-9k (which is also where the desistance on the daily log chart is). Obviously this should not be taken as investment advice and this is just the scenario that I'm betting on right now. A trader will NEVER have 100% accuracy, what makes you earn money on the long term is a decent risk-management, not a god-tier accuracy.
BITSTAMP:BTCUSDShort
by TDesormiere
BTC - Be careful, the macro trend is still very bearishLong-term I am extremely bullish on BTC. However there is no denying we are in a crash pattern. Until we get some bullish signals on the daily chart I would be very careful injecting any more fiat into the market. Also,the macro movements of BTC are difficult to predict, so the important thing to note in this chart are the price levels and their significance, not the overall pattern itself. As usual, your strategy should be changing based on any new data, and this data will be old as soon as you read it. Always keep that in mind! With my caveats out of the way, let's get started. I believe we are currently in the "hope" phase of the crash pattern. This hope phase could continue on this leg as high as $10,200 or slightly over. My belief comes from the obvious signs on the chart, but also a few fundamental factors. First, no new money is coming into the market - the tether printer has been quiet and volume has dropped off whereas volatility has gone crazy. Furthermore, whenever BTC booms alts sink - this means money is just being moved around internal to the market, but not being injected into the market from fiat (which would mean alts would not bleed as much). Soon we can see a second collapse. This collapse could go as low as 6K although many traders are calling a bounce at $7,200. Either way we will see a run at least to previous lows ($8,500-$9,200) like we are seeing now. If these lows are not broken we will see a final collapse into the "despair" phase, at which point we will likely begin consolidating for a true bull season. Note that the prices and patterns shown on my chart are approximate. I do not try to predict timeframes nor exact prices, simply the overall market pattern. In short, if you are trading in this market these are the key levels to look out for, in order: $12K on this run: Bear trend officially broken, all these predictions are out the window. $10,200 on this run: Likely maximum possible level for bitcoin. $6,000-$7,200: Next bounce level, due to strong support from previous bounce and plenty of buyers thinking it must be absolute bottom. $8,500-$9,200: Likely maximum price level after this bounce. $4,000-$5,500: True despair prices. I appreciate any feedback - especially contrarian feedback. It's always important to have your views and opinions challenged, ESPECIALLY when analyzing the market! Thanks, and happy trading!
BITFINEX:BTCUSDShort
by calcie
6
Maybe not so bad after all?Here's a predictive trend-based model that suggests the current turbulence might not foretell doom. The conspicuous parabolic movement at the start of this year was out of trend, and is simply being corrected back into trend, according to this hypothetical model. Curiously, notice that it's almost like sheering forces (yellow lines) shot across the trend at about a 45-degree angle to the trend defining the (a) slope, (b) peaks and (c) valleys of the turbulence to date.
SP:SPX
by iGoddard
4
Short-Term and Long-term investment When investing inside the stable market of primary resources like Water, Electricity and Gas. Their bigger well know companies that start of small with extreme potential of growing more mature along the market. Risk-taking has become confidential but unsure of the outcome of assets to lose and invest. However, investing into small stock symbols this could bring 150-180% in profitability and allows the stock market to breathe under the tough finances of business.
NYSE:EGO
by sheiklouison
Bitcoin July 2016 Halving - Price Forecast - Disbelief->HopeHere's a fun one. With Bitcoin making a strong move up from the $370's into the $438 area yesterday, it looks like we're gearing up for a big move up to retest $489 and eventually $600. If the bullish structure of $BTC remains intact, we could see this move take us from "Disbelief" to "Hope" phase sometime in April-May 2016. Keep in mind that halving is slated to happen in early July 2016 (and may get faster), so time is of utmost importance for MM if the pump is to start before halving. Find out the exact halving date on: www.bitcoinblockhalf.com P.S. oops some of the text (disbelief & hope) moved to the left after i published.
BITSTAMP:BTCUSDLong
by onemanatatime