#LOS/USDT#LOS
The price is moving within a descending channel pattern on a 4-hour frame, which is a retracement pattern
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.0001125
The first target is 0.0002045
The second goal is 0.0002690
The third goal is 0.0003500
Lose
P2P | Nas TradeHey there peeps! I know this isn’t the usual post everyone is looking for but I wanted to be transparent with you all.
Not every trade is a winner! Once I accepted that, I was a lot more comfortable in myself and my game.
The mission is to become the best player in your league but the funny part is, you’re in your own league so it’s really you vs yourself.
With that being said, I learned a lot from this trade, even though I don’t normally trade Nas, but the experience I had with it furthered my interest in trading it.
So gang there you go, no shame in my game, just room for mistakes and getting better. But you see it gave me a 2nd chance entry?! I didn’t take it because I try not to over trade or chase my loses, especially on a pair I don’t trade.
But like always family happy trading, trade well, and let’s run it it up from 2023 til infinity!
DISCLAIMER:
**This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held repsponsible.***
Taming The Bear 🐻 : Managing Market Declines 📛Markets have been a bit volatile over the past few weeks, and the future is uncertain.
For many investors, these moves can be troubling because it’s been many years since we’ve had a substantial decline–whether we do or do not from the current point (and, for the record, I think it’s much more like the market surprises us with new highs sooner than anyone would think possible),
we need to spend some time thinking about how to manage our portfolios and manage ourselves in a market decline.
First, watch YOUR LANGUAGE
•Labels are meaningless: Correction, pullback, —just words
•Listen to the terms people use: fake, rigged, propped up, short covering rally. The words we use matter because they carry emotional meaning.
UNDERSTAND MARKET PSYCHOLOGY
•Market moves are mostly emotional.
If you don’t understand that, you’re doomed to be at the mercy of the market.
•The news doesn’t matter (for prediction.) You need a plan for how you read the news!
•Market movements arise from competitive action of traders driven by both reason and emotion. This is why the market creates such emotional reactions in traders and investors.
•The “permabears” are interesting (and dangerous).
•Learn to monitor and understand your own emotions and reactions.
UNDERSTAND THE REALITY OF THE MARKET
•Markets are mostly unpredictable. No one knows what is going to happen in the future with any degree of reliability.
•Best guide is statistics, but need to understand what this means:
~On average, stocks go up over long time periods.
~Hard to short stocks.
~Strange things happen on shorter time spans.
~What is predictable in the future is fuzzy and uncertain, and deviations can be large.
•Most of the things people talk about follow the market, so they can’t be used to predict the market!
~The market is the leading indicator.
(Dow)
WHAT TO DO?
•The biggest mistake investors make is selling into declines.
~How to avoid? Don’t do it.
~ Best plans are fading (going against) moves in stocks. If you implement this one rule, you’ll be ahead of the game.
•Always use limit orders. Always. Always.
•Buy at steep discounts, planning to hold for multiple years.
~Be a predator
~Buy “stupid” prices for things you are reasonably sure aren’t going out of business/away
•Be your own manager.
~Break destructive patterns
~Stop mistakes before you make them
CONSIDER SHORTING
Shorting is not evil or (that) complicated, but this is a topic for another day .
Listen To 'After Dark - MrKitty' Such A Nice Music in Time like this.....(this music is overrated lol)
and Wishyou Profita- Strong In This Weeks.!!
Sc:
AdamHGrimes Podcast
US100 BUY OPPORTUNITY!Hello,
my scenario about US100 looks bullish here is why :
- bullish RSI divergence at H4
- demand level (D1 and H4 timeframe)
- oversold stochastics
- in general index is just very cheap and its nice opportunity to buy
I think it can achieve 14000-14200 in mid-term (15-20 days max.) but safest option will be take profits at 13300-13450 levels, it depends on your RISK tolerance and how much profit do you want to take from this trade. Personally I entered this trade at 13050 and 12950 and still I think it was good price to buy. We will see how it really is tomorrow. :)
Good luck everybody!
GBPUSD BUY :)My fourth idea here, for now 3 profitable positions in a row. I think GBPUSD is cheap and my reasons are RSI divergences on different timeframes and stochastic oversold and stochastic divergences so many signs to go buy. Tomorrow CPI data report from UK and I play for this scenario, good data and fast reverse to bullish trend. Even if data will be bad and price won't drop much below 1.30000 it will still be bullish sign for ME. Good luck everyone and be smart! :)
US30 SHORT IDEAHello it's my third idea which I am posting here, last 2 ideas were good bet so maybe I am not that bad. :D
Entry: now (34700) or wait till 35000 price level
Take Profit:
#1 34000
#2 33500
#3 32750
Reasons:
- overbought at H1, H4, W1 timeframes
- RSI bearish divergences at M15, H4, D1, W1 timeframes
- near supply level
- possible retest 200SMA at D1 chart
Yeah price can go up a little bit before this bearish move but it shouldnt go above 35500-35870 so maybe set your stop loss somewhere between.
Good luck :)
EURUSD Trade Journal (I lost this Trade 😴)Price breaks multiple trendlines, price comes back at my support box, formed bullish pinbar and taked my 2 trades (one with decent RR) but end up stopped out 😪. I'll wait for the price to break my 15min trendline then same rules to consider when entering.
Please share your thoughts on this one. It would help me alot! Thanks 🤗
Aiming for a loss!Loss? Nobody wants to hear about that. Right?
Am I saying this position is going to make money? Nope. I said it is an opportunity for a loss. It's a thing called a stop loss.
Why would I go there? Price is close to the 1D ATR line. If it goes south, I won't know how far. If it goes north, I control how much it'll take.
The best way to secure zero losses of money, is to not trade at all. 🙄😉
Disclaimers : Disclaimer: 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.
Why pay attention to head and shoulders?Head and Shoulders is one of the most reliable patterns in trading. You could find the stats on this - I've long forgotten them.
Many H&S pattern fail and you have to be prepared to take controlled affordable losses when engaging them. But when they do fall in your favour, they could be big earners.
As always, these patterns do not 'predict' - they create probabilities. For every estimate on probability in one direction there is a residual probability that it won't work for you. That's where the stop-loss comes in.
Strang things can happen with these - based on experience.
1 - the pattern fails completely.
2 - a second right shoulder develops (usually in bullish markets).
3 - price stalls in a range for a long time.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. 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.
💠Win And Lose Story ( How To Win In The Market )💠 Education 💠Hi My Friends 👋👋
💠 Today We Have Great Story For ( Khaled VS Mohamed ) 💠
1 - Khaled : Start Day » Deposit And Lose All His Money At The End Of The Day !!
👇 Because 👇
❌ — He has no trading plan — ❌
1- He Spend More Than 12 Hour's On Chart without advantage
2- He Not Use Stop Lose
3- He Don't Have Money Management
4- He Don't Learn How To Trade
5- Follow Any Signal Without Analysis
———————————————————————————
2 - Mohamed : Start Day » Deposit And Win At The End Of The Day !!
👇 Because 👇
✔️ — He has trading plan — ✔️
1- He Spend 3 - 6 Hour's Only On Chart
2- He Use Stop Lose
3- He Have Money Management
4- He Learn How To Trade
5- He Don't Follow Any Signal Without Analysis
So Now You Can Choose Your Side .. Khaled Or Mohamed ?!! Text In Comment
ALTCOINS - A LOSE LOSE SITUATION RIGHT NOWwe are in a moment of low volatility of BTC: it has to increase soon. However, whatever direction BTC will take, alt will suffer.
-if it goes below 10k, alts will suffer more.
-if it goes above 11k and start a nice rise, everybody will queue on BTC, leaving alts in a corner at first.
I will stay away from alts right now. If you don't want to stay in btc and usdt, a good alternative is BNB, the only one beside btc and usdt I would buy now.
The Hardest Part of Trading (Not what you Think)Seeking More information - When first introduced to markets, every beginner immediately thinks he must learn the rules of the market in order to succeed. He thinks he loses because he does not know enough. He initially believes there is a "holy grail" a system, a leader, or a mathematical equation like Fibonacci levels. He believes these will protect him in the market, and will lead him to a profit once he understands them.
The problem is, there are no set rules which work consistently in the market. If there were, the institutions and everyone else would simply use them. What would happen then? Well, there would be no one or institution to take the opposite trade, and the market would cease to exist altogether.
And so the new trader changes from one system to another, from one guru to another, and constantly thinks he must learn more information in order to succeed. What he believes to be preventing his success is a lack of knowledge, a lack of information. But you see, the more information you have does not necessarily lead to better decisions. There is a lot of evidence to support the contrary, and suggests that too many choices actually impair decsion making skills.
On top of this, most of the information in the trading world is quite simply wrong. There are 10 x more scam artists who claim to "know" and will take your money to teach you how to trade than there are profitable traders. Beware of anyone who claims to know anything. They are either fooling themselves, or fooling you. These people do not understand markets or them selves, and cannot make money in the market, so instead they prey on new market entrants. This is the primary reason I started my trading website; to provide high value information at a low cost. And to give those who are serious about trading an actual chance to make it in the markets, without ignoring a key variable; your self.
Dealing with Uncertainty - The reason most traders seek new information is because they are afraid of uncertainty and want certainty. They seek something to protect them in the market. Something to protect them from themselves. A system that will guarantee a profit. But there is no such thing. Markets constantly change and evolve through the market cycle. And there is no system that works across all three parts of the market cycle.
No matter how convinced you are of something happening in the market, there is always at least a 30-40% chance of the exact opposite happening. This means even the strongest edge has a failure rate. The sooner you realize and accept this, the closer you will be to making a consistent profit.
It is very hard to learn how to deal with uncertainty. But you do it every day. When you wake up in the morning are you certain you will live through the end of the day? Are you certain you will still have a job tomorrow by working for a reputable company? No, and you can never be completely certain of this. Certainty is an illusion. There is no certainty in this life. The only certainty is... uncertainty!
Patience and Discipline (Ability to Do Nothing) - Every profitable trader uses these two terms (patience and discipline) when asked how they are profitable. When a beginner hears this, he rarely understands what this means. Discipline means doing something even when you dont want to do it, or doing something you dont want to do. Patience means waiting for your turn, or waiting for something to happen.
But we all want to trade right? Yes of course, that is what we do as traders. But having discipline means not trading when the trading is not good, even though you want to. And having patience means waiting for the good trading to return again. In other words, when the time is not right you must do nothing. If your edge is not present; there is no edge and no action to make. When the market is not offering what you want, or is confusing, you must develop the ability to wait, and do nothing until the time is right again.
This idea of "doing nothing" stokes a fear in most people, especially in todays give me distractions, social media world. They say "Well what am i supposed to do if i am doing nothing?" Doing nothing seems contrary to getting what you want, getting somewhere. In and outside of the trading world everyone believes in order to be a "trader" you must trade - constantly. This is why most traders lose money. Because they do not understand that there is a time for doing absolutely nothing. And that time is most of the time!
See more on understanding markets (Price Action Trading) and yourself (Trading Psychology)at my website below.
If you found this helpful please like! Feel free to comment or ask questions.
Trading Truths - how long to be profitable?Trading is hard work - But no one wants to hear that it is hard work. Everyone wants a short cut. A short cut does not exist. If it did - everyone would use it and the market would cease to exist. Everyone who starts out trading is lured in by the profit potential. You might get lucky and make a quick buck. But over time you soon realize that trading is a job, and a hard one at that. The markets offer the highest paid profession in the world - and it is the hardest profession. There are no set paths, clear schooling or achievements which put you into a position of earning a living.
This is an entirely different world. It is you and the market. You are responsible for the actions you make, and the repercussions or rewards which come with those actions. It takes a lot of time and effort on your part if you truly want to succeed long term in the markets. This does not just mean learning about the markets and how they operate. It also requires skills that no other job does - understanding and working on yourself internally.
Remain Humble - We all know of someone who brags about their position, their entry price or whatever. But there is something they likely do not have.. Profits. Ever wonder why the top traders dont brag or choose to talk about how much they make? Because they are humble. If you do not remain humble when it comes to markets, they will humble you. If you are attached to your Ego, you will fail in the market, without question. The only question is how long will you survive?
How long does it take to be a Profitable Trader? Every beginner wants to know how long it will take before they can make a profit. This is a loaded question - with no answer. I am often asked how long until you knew you had it? Or how long does it take to become a profitable trader? People are confused by my answer when I say "you never have it, or anything." Even wildly profitable traders lose money, sometimes all of their money several times.
Trading is not about getting something, or somewhere. It is a journey, a dance. Do you dance or play the guitar to get to the end of the dance or end of the song? No, otherwise you would play or dance really fast! (Alan Watts). You play to play. You trade because you enjoy the act of trading. In other words the act of doing is the goal, not the end result. The market is a teacher who teaches you about your self. If you chose to ignore it and instead focus on what you want out of it; you probably wont get it. If instead you open yourself up, give in to it and what it is showing you; you just might get what you want.
If you found this helpful please like! Feel free to comment or ask questions.
How to Trade to Win"Those who lose - trade not to lose. Those who are successful - trade to Win."
Losing Vs Winning
Most traders are more focused on not losing than they are on winning. Do you understand what this means? This means you are acting not in your best interest, but against your self. By focusing on how much you can or might lose, or on not losing, you increase the likelihood of making mistakes which ultimately lead to a losing traders equation, and a negative equity curve.
Profitable traders do not care about losing. They understand it is part of winning. They focus on winning. What is the best move in this moment? Should I get out or continue to hold based on what the market is telling me? Winning traders accept the risk totally and completely; before getting into the trade. In other words, they have already lost what is on the line. Therefore they act in their own best interest, not based on their thoughts about what they could lose, but based on what the market is telling them to do in this moment.
Other than this psychological difference, here are a few other key components on How to Trade To Win.
Defined Edge - Every trader who is making money in the market has some form of edge which he employs. Even if his edge is purely intuitive. This is extreme and rare however, and most traders have clearly defined their edge and will only trade that edge. This removes randomness. Many beginners think they are going to study the market and be able to trade the market no matter what it is doing (trade intuitively). This is simply not the case for most. The purpose of studying the market is to identify opportunities in form of an edge. An edge is a setup or context which repeats itself over time. It might occur once a day, once a week, or once a month. It does not matter. All that matters is that you only trade your clearly defined edge, and leave the randomness behind.
For more information, you can read about the edge I use in every market I trade. We also describe how you can develop your own edge, and trade it in any market.
Stop Doing, Relax Efforts - If you are losing in the market, chances are you are doing too much. Many beginners, and even experienced traders think they must be trading in order to be a successful trader. This leads to random trading, over trading, and mistakes which compound themselves. You end up digging a hole, and instead of looking for a way out, you look for a different shovel.
The harder you try to make a profit, the more you do, the more actions you make, and the more you lose. The market rewards those who are observant, disciplined, and most importantly patient. The market takes from those who try too hard, and do too much. If you dont believe me, try as hard as you can to make money, and see how you do!
By relaxing your efforts, you relax your mind. In turn relax your actions and decision making. You do not have to trade every day to be a profitable trader. It sounds paradoxical doesn't it? How can I make money trading if I dont trade? By only trading when it is appropriate like when your edge is present, you better your odds of success.
Profitable trading does not come from trading constantly. Profitable trading comes from the act of non-doing, and out of a state of emptiness. Profitable trading is effortless, it comes out of waiting for just the right moment before taking action. And then waiting some more while the market proves you right or wrong. Profitable trading is not forced; it just happens.
Active VS Passive Trading -
This is very similar to the previous topic. Active trading is a trader who is constantly in the market, trading whatever he see's or feels right. This trader is often wrong, and when he is right he makes the mistake of exiting too early due to fear. This leads to a negative traders equation as he continues to struggle to do the right thing. An Active Trader mentality is one which does not believe in "non-doing." He believes he must, and can, do something. He is afraid of missing out and is often swayed by thoughts and emotions. So he continues trading never looking back, and at the end of the month cannot figure out why his account is in the red.
A Passive Trader is the opposite. He passes on more trades than he takes. He does not care about what he misses out on. He only cares about what he takes and the actions he makes in the market. He does not force trades, he just watches the market until he knows what to do. Or he waits and waits until his edge finally sets up. He is passive in his efforts, rather than active. He does not care if he doesn't trade today, this week, or even this month. Trading is not what is important to him; winning is. He knows that profits come from sitting, waiting. Because he is willing to wait, he is peaceful. And profits continue to come into his account, effortlessly.
For more information on developing this type of mentality, see below. We also detail how to understand markets through price action, how to create, define, and employ an edge, and how to develop your traders mentality to succeed in markets.
If you found this helpful please like! Feel free to comment or ask questions
SPY - EAGLES INDICATORIt's not a perfect indicator, and I'm not sure if it's a leading or lagging indicator.
Every game that the Eagles have played this season, I have plotted the outcome on the chart. It doesn't look like the market likes it when the Eagles lose, or do the Eagles win/ lose depending what the market did that week?
Still testing this indicator!
#EaglesIndicator
#PhiladelphiaEagles
BTC- Bad News Spreading - 5th Target on the Corner - 5k PossibleHi, Followers and Friends !!
I am very Happy, I have achieved my main goal so far:
I Have Saved Some People !! and I open with a quote:
"you are really doing something very important!! i am following you 2 month now. and i start applying your advices since a month. could not be happier to protect my small capital from loses at this stage of the market. THANK YOU AND WAITING TO BE YOUR STUDENT."
TRADING TECHNIQUE HAS 2 MAIN STAGES:
1=> BE ABLE TO NOT LOSE MONEY (Not falling on Traps and getting out if analysis does not work, before loss happens)
2=> MAKE SOME PROFIT (Getting on the Wave at the very beginning with some risk but with 70% or more Probability.)
For Those Who Read All My Charts, you already know many Traps Types that 95% of traders fall in, and lose everything.
Once we learn to not lose money, we can start to learn how to trade with some confidence to make some money.
About BTC = It is still Bearish Trend, still has room for more fall, even further from my final target $ 5730.
Moving Water Spotted a possible drop to 5k.
Analysis is not finished yet, but Stay Tuned it is not out of the question.
Let's Be a Team
I Know all of my Followers Will Also help me some day and be able to share something I need to learn.
I really Like what I am doing and I hope WE CAN WORK TOGETHER and CREATE AN ELITE CRYPTO GROUP with serious and hard work traders.
HOPE THE BEST TO YOU ALL.
M.W.
Good Luck and Good Profit
___________________________________________________________
ADVICE:
__________
=> DON'T LOSE: Remember This is Very Dangerous Market so try to not Lose All Your Money on This, and You can already call yourself a winner:
Beginners: Don't Trade (Bullish/Bearish) Market - Don't Trade Bull Trap - Don't Borrow Money
Intermediate : Trade Bullish Market Only (Low Risk) - Don't Short - Don't Borrow Money
Advanced: Trade Bullish or Bearish Market ( Low Risk) - Don't Trade Bull Trap - Don't Borrow Money
Experienced: Trade Bullish or Bearish Market ( Medium Risk) - Trade Bull Trap (Low Risk) - Borrow Some Money
Top: Trade Bullish or Bearish Market (High Risk - Big Money) - Trade Bull Trap (High Risk) - Borrow Some Money
Follow This and the Risk of Losing Everything Falls to 90%.
______________________________________
=> MARKET FLOW: Market never happens at once, there will always be many moves inside the waves if you look close enough.
When I spot a Trend and post it here, it does not mean it will go at once, or at that exact moment I post. These Charts I post are Medium/Long Term - so takes weeks/months to complete.
=> CHARTS = (MEDIUM/LONG) TERM - Please Don't Be Confused (Takes weeks/months to Complete)
___________________________________
=> PLACING ORDERS: At this moment, I am NOT offering buy and sell signals, you need to Do Your Own Research when Placing Your Orders and Stop Loss.
=> STOP LOSS: That's a responsibility a person should have with their own money, I don't have the influence on that. I strongly advise you to use a stop loss. Try to catch the waves, but with a secure area, and limit your risks, considering a loss you can afford.
_________________________________________
=> MORE INFORMATION: check Related Ideas Below.
=> PLESE: Comment, Suggest better ideas, Ask questions inbox, Help me improve,
Give a Like and Follow.