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5 Problems With Using Margin In Stock TradingCarefully assess your risk tolerance, understand the markets, and employ risk management strategies when using high margin in stock trading. While margin can be beneficial for
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experienced traders, it can lead to significant financial losses for those who don't fully understand the risks.
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Rocket boost the content to learn more
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**Disclaimer:**
The information provided above is for educational and informational purposes only.
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It does not constitute financial advice, and trading always involves
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a risk of substantial losses, regardless of the margin levels
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used. Before engaging in any trading activities, it is crucial to
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conduct thorough research, consider your financial situation,
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and, if necessary, consult with a qualified financial advisor. Past
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performance is not indicative of future results, and market
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conditions can change rapidly. Trading decisions should be made
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based on careful analysis and consideration of individual
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circumstances. The user is solely responsible for any decisions made
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and should be aware of the inherent risks associated with trading in
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financial markets.
Very basic understanding of support and resistance areas (2 min)In trading, support and resistance are key concepts that help traders analyze price movements and make informed decisions. Here's a basic explanation:
Support:
Definition: Support is a price level at which a financial instrument (like a stock, currency pair, or commodity) tends to stop falling and may even bounce back up due to buyers.
Analogy: Think of support like a floor that prevents the price from falling further. It's a level where buyers are more inclined to enter the market, seeing the current price as attractive.
Resistance:
Definition: Resistance is a price level at which a financial instrument tends to stop rising and may face difficulty moving higher due to seller pressure.
Analogy: Picture resistance as a ceiling that prevents the price from going higher. It's a level where sellers may be more active, considering the current price as too high.
In summary, support and resistance are like psychological levels in the market where buying and selling interest tends to cluster. Traders use these levels to make decisions about when to enter or exit trades, set stop-loss orders, or identify potential trend reversals. When the price approaches support, traders may look for buying opportunities, while at resistance, they may consider selling or taking profits.
Thinking in Pine - Execution Model and Rollback on Realtime BarsHello All,
Welcome to another session of "Thinking in Pine" - short video tutorials on Pine Script.
Before continuing with this video, if you are not familiar with var, varip and regular variables, please watch our previous video - "Thinking in Pine - var, varip and regular variables"
🎲 Today's discussion points
How var, varip and regular variable modification code works with historical and real time bar updates.
Rollback concept of var variables
🎯 Example Program Used
// The statements execute on every tick
count = 0.0
count+=1
varip varipcount = 0 //executes only once on the first bar
varipcount+=1
// Reset counter on every bar
// if(barstate.isconfirmed)
// varipcount:=0
// Rollbacks and assigns on every tick
var varcount = 0.0 //executes only once on the first bar
varcount+=1
// varcount:=varcount -- Rollback
// varcount := varcount + 1 -- execute again
plot(varipcount, 'Varip Count')
plot(varcount, 'Var Count')
plot(count, 'Çount')
arrRegular = array.new()
var arrVar = array.new()
varip arrVarip = array.new()
if(bar_index >= last_bar_index -5)
arrRegular.push(close)
arrVar.push(close)
arrVarip.push(close)
log.info('Regular : {0}', arrRegular)
log.info('Var : {0}', arrVar)
log.info('Varip : {0}', arrVarip)
🎲 References
Pine Script® User Manual - Execution Model
HOW TO Use Pinescript Libraries Relating to a question/comment I got, I thought I would go over how to import and use a Pinescript library.
I use my own as examples here, just because I know them well, but the process is identical for pinescript libraries.
Let me know if you have any questions and safe trades!
Trading Hacks - Deep AnalysisSorry for sound quality, better quality on yt
☝️Dear traders, no one here has superpowers, and I'm just a human after all. Please take everything with a grain of salt. I'm sharing my view and one of the possible scenarios of price action, but mostly - my direct experience. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or forcing my will. Have good trading, keep a constant flow of self-awareness, and do your best. 🙌
Thinking in Pine - Functions Containing Var VariablesHello everyone, welcome back to "Thinking in Pine" short video tutorials. In this video, we have discussed special cases of using var variables inside function definitions.
If you are not familiar with var variables, please take a step back and watch our earlier video - "Thinking in Pine - var, varip and regular variables"
🎲 Summary
Using var within a function scope and how it behaves with multiple invocations.
Using the functions containing var variable definitions within a loop.
🎯 Example Program Used
increment()=>
var i = 0
i+=1
var1 = increment()
var2 = increment()
var3 = increment()
// The code above is equivalent to
// var i1 = 0
// i1+=1
// var1 = i1
// var i2 = 0
// i2+=1
// var2 = i2
// var i3 = 0
// i3+=1
// var3 = i3
plot(var1, "Counter 1", color=color.blue)
plot(var2, "Counter 2", color=color.red)
plot(var3, "Counter 3", color=color.purple)
arr = array.from(var1, var2, var3)
for i=1 to 3
arr.push(increment())
// The code above is equivalent to
// var i4 = 0
// i4+=1
// arr.push(i4)
if(bar_index == 4)
log.info('Value of array containing incremental values : {0}', arr)
🎲 References
Pine Script® User Manual - Variable declarations
Pine Script® Reference Manual - var
Price Action for BTC 15-MinuteBecoming the best price action trader in the world requires a combination of in-depth knowledge, experience, and a keen eye for market patterns. Price action trading focuses on the movement of security prices to make trading decisions, rather than relying on technical indicators. Here are several nuanced aspects to focus on in this video tutorial.