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Innovation

New trading strategyNew trading strategy: 1. Find an asset in which you believe, an asset you believe in the long term will 10x or 100x, do the research properly. Try to have a big portfolio for the trading of this asset ( the money you are willing to invest and the money you are willing to trade) 2. Do your fundamental and technical analysis. 3. Start your trading using the dollar cost averaging, place only small positions (in between 0.5% and 5% of portfolio, depending on the risk of the trade) how ever here it is with no stop loss, only take profit or you sell for a profit your self( this is how I like to do it most of the time), if after a rise you are able to place a stop loss that is in profit you may. 4. If you were unable to take profits, and you position is in the negative. You wait until it is in profit again, this is why it is very important to choose an asset with value. So technically, your loosing trades become long term investments. For example, I do this with XRP, I did my research saw a tremendous value. I studied the charts, and I have been trading XRP for a week now, for now I have 3% of my original portfolio in investments, however with my trading I already gained back those 3%. So my profits are sitting as long term investments which I believe will 100x in the future. This is why you want to focus on one asset, understand it and get familiar. By doing this, you will be holding an asset you truly studied and like, this takes away the fear of loosing money, because you don't see them as losses anymore but as investments. The risks : If you saw value in an asset which actually does not, you could loose all of your investment, so do your research seriously. If you do your research but still are hesitant, or if down the line you forget why you started this, the fear could come back when you see all time lows and you could sell for a huge loss. Basically, the risks are those that come with investing. You also have the risks of day trading, which is completely logical as you are day trading or intraday trading. The benefits: If well executed, you will have no trades for a loss, only green ! It will be easier to accept a negative positions. It brings you profit in the short term and brings you huge profits in the long term. Since I "created' this strategy it has been working wonders for me so I wanted to share it. If you like it, please get in contact with me, I always like to get new contacts who are traders. If you have any questions please don't hesitate. Thank you for reading, Piers
KRAKEN:XRPUSD
by Yokoj
[CSCO] Strong Tech Name Looking to break Resistance at ATHCisco, it's got the story. It's got the upcoming earnings . Besides the technical charts showing strength, it's attractive and I'm surprised I haven't heard a lot of news coverage given earnings coming up. CSCO 0.72% has the cloud thing going on, it's got the telecoms aspect in a digital way that integrates with its cloud and enterprise solutions. Having that sort of niche-type aspect of cloud solutions seems solid since the competition isn't coming from broader Cloud players like AMZN 0.98% , GOOGL 2.87% , MSFT 1.18% , etc. Intensive focus on a niche-(ish?) areas in the future of tech is always a buy for me. AAPL 0.70% has been doing the same thing since the 80's without giving a damn about all the people saying that the company is dead if they don't branch out. “People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are... Innovation is saying no to 1,000 things." - Steve Jobs
NASDAQ:CSCOLong
by NYFinancials
Death Slide - Lack of innovation?This is what happens when there is no culture of innovation, a slow death slide. This is the MONTHLY chart of Sears -- who at one time was the nation's largest retailer during my grandparents generation. Now they are forced to sell off their primary assets to buy more time to try to stay on life support. $SHLD never recovered from their May 2007 high, 10 years later, stock is down almost 96%... ouch! Revenue: 23.39B Net Income: -2.194B Book value: -31.59 (that's less than zero)
SShort
by MattDeLong
3
Technology Breakthroughs and the DOW at 40kOver the years we've seen consumer adoption of breakthrough technology spur huge economic growth. We saw it with the radio (~1920), the TV (~1948), and the PC (~1982). If you go to Silicon Valley today, you will see people paying for coffee in Bitcoin, cars driving themselves, VR becoming common at home. You'll hear talk of CRISPR, and how it can be used to immunize humans retroactively from previously incurable viruses, or edit mutated cancer genes in real-time. And maybe you've heard of a guy named Elon Musk. The internet has matured, and the unprecedented technology that it has grown will be coming to market over the next 5 years. This is not like anything we've seen before. Though we'll likely see a dip, the long term growth will be explosive. Hold onto your butts.
DJ:DJILong
by ptbrodie
7