TIPS
Funny chartart into NFC turning ??Anyone interested in the APE as NFC ? huehue hue ...
If yes feel free to hit me in private message :D
Few major messages for all crypto fans !!!
1) Bitcoin might be going to 250-400K USD !
2)#altszn2021
Reveal the secret of EMOTION CYCLES and Bitcoin cycle trading in the chart HERE
Some big Public companies are holding huge amounts of Bitcoins ... did you know that TESLA is not the biggiest "official" inevstor ?
www.coingecko.com
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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Things armature traders do, that you must stop!Hey hey!
Happy weekend to all the traders out there!
In this video we go over a little bit of specific education on what failing traders do daily that you need to STOP if you want to get profitable!
We hope that you enjoy the video and do let us know if there is a specific subject you want us to cover in the next one! Just leave a comment below!
NIFTY (MARCH) WILL BE IN A RANGE IN NEXT WEEK 15267 DOWN 14750NIFTY (MARCH) Future will move in a range in next week, maximum upper side level is 15267 and downside level will be 14750. So these levels are the full range for the whole week. As per my analysis we should be in Sell Side, we should take selling position on every Rise.
NSE:NIFTY1!
Trading Habits that lead to SUCCESS...Check open positions less frequently...
Once you've opened a trade, leave it. Don't watch the movement and close of every candle, this will lead to the trade becoming emotional, which spells DISASTER.
If you swing trade, then checking trades 1-2 times a day should be fine. If you day trade, then checking open positions once an hour should be adequate.
Anything you can do to make trading less emotionally challenging is a must!
"IBULHSGFIN" Enter after the breakout or buy now"IBULHSGFIN" Enter after the breakout or buy now. Best for swing traders and long-term investors.
FALSE Trading Expectations #2... Win RateForex trading is not a 'get rich quick' scheme. It can make you rich, but it will do this slowly.
In order to make large returns, a trader may have to take large risks. High risk trading guarantees greater emotional and psychological challenges. This may lead to quick short-term profits but it will also lead to discouraging long-term losses.
Too many traders expect far too much far too quickly. They review their performance and results on a daily or weekly basis, this can lead to discouragement and disappointment. Profitable traders review their results much more longer-term.
Conclusion... Trading can make you rich, but it will make you rich slowly. To make trading work long-term, you need to risk a minimum. Expect to be patient. Review profits once a quarter or once a year.
Trading with WRONG expectations... #1Almost all traders understand the concept of a drawdown - a period of loss making. A trader is not going to have a 100% trade win rate - there will be losing trades - and there will be times of consecutive losing trades.
For some reason, despite understanding this concept, many traders don't ACCEPT this concept. Let me explain... As soon as a trader hits a drawdown, the reaction is panic or discouragement. The following statements could flood the mind of the trader...
'The strategy is not profitable anymore'
'I need a more profitable trading strategy'
'I am going to lose too much, so I will reduce my position sizes'
'I need to increase my position sizes to win back these losses'
'I am so angry, I am going to risk all that I have left in my account'
In other words, the trader becomes emotional and let's his emotions determine his trading decisions. This will always result in long-term failure.
Conclusion... Accept that drawdowns will happen and expect drawdowns to happen, because they will happen!
CPO (31 Mar 21) Now Ready To Move Down side Till 990-975MCX CPO (31 Mar 21) Will Move Downside from the level 1049-1060 It may face resistance near 1092-1099. Down side TGT will be near 1010-990-975.
MCX:CPO2!
When should you not buy into support?(only 5% of traders know)1-lower highs into support
-sellers are in control
2-higher timeframe in a down trend
3-unfavorable risk to reward ratio
4-support tested multiple times
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
5 Trading Habits Which Keep You Poor (Without You Realizing) 1-don’t chase the market
2-don’t use a fixed position size
3-don’t trade without plan
4-don’t adjust your stoploss
5-avoid having itchy fingers
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
5 Things You Should Stop Doing As A Trader1-listening to others
-you don’t know their trading plan
2-strategy hopping
-focus on one trading method
-learn more about the trading method
3-tweaking one strategy
-develop new strategies instead
4-thinking in terms of absolute
5-comparing yourself to others
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
5 Brutal Trading Truths Nobody Tells You1-you need money to make money
2-steep learning curve
3-in a drawdown most of the time
4-don’t have what it takes
-trading takes time,energy and resources
-few people stay
5-must have an edge
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
4 Things To Look For Before You Place A Trade4 Things To Look For Before You Place A Trade
1-do scalable things
2-find favorable risk to reward opportunities
3-anything can go wrong
4-never go all in
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
3 Things You Should Start Doing As A Trader3 Things You Should Start Doing As A Trader
1-think independently
-ask why?
-validate the concepts
2-respect the market
3-money managment
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
5 Rules For Successful Trading!Trading is simple, but not easy. Traders have difficulty succeeding simply because they are unable to follow clear rules over extended periods of time.
So what are the rules that every trader should follow? (in my opinion)
1- Only invest what you Can Afford to Lose.
Only invest money you can afford to lose, never ever borrow money or take a loan from the bank to invest in forex, or any other type of investment. Because if you do, you will get emotional and make irrational mistakes.
2- 1% Risk per Trade.
We only risk a small portion of our account per trade. We enter with 1% risk per trade (2% max). We enter with a fixed risk per trade, not with a fixed stop loss in pips, nor with a fixed lot size. That’s a common mistake many traders make.
3- Three Confluences Trades. (Technical Edge)
Trading is nothing but a game probability. Moreover, we consider ourselves risk managers not only traders, as the only thing we have control over is "risk". The market can go anywhere. To be on the winning side, we need to have an edge over the market.
One way to put the odds in our favor is by only entering trades when we have at least three confluences/clues, three things telling us to buy or sell lined-up together. One confluence may be random.
For example, we only enter when we have a pattern, support, and divergence. And our rules have to be objective following a well-defined back tested trading plan. I personally use RichTL to make objective (rule-based) technical analysis.
4- 1 / 2 Risk Reward Ratio. (Risk Management Edge)
Our second edge is going to be through risk and money management by entering with a positive risk-reward ratio. Remember, it is not about how many trades you win, what matters is how much you win when you win, and how much you lose when you lose. That’s exactly why we enter with a ½ RRR (or higher), which means we always target double our stop loss. This way even with a 50% win rate, we are still profitable.
5- Emotional stability.
In the trading world, emotions are considered the enemy of traders. Knowing how to control emotions while trading can prove to be the difference between success and failure. When getting into a bad trade, the trader who can manage his psychology well will be able to minimize risk, while the trader who is emotional may make the situation worse.
Therefore, knowing how to control your emotions very crucial in order to succeed in Forex trading.
If you are not feeling well, don't trade.
Remember: You don't have to catch every trade, and you don't have to trade every week.
In fact, our 5 rules are all connected in a way or another.
If you invest money you can’t afford to lose or enter with 10% risk per trade, chances are that you will get emotional and not follow your trading plan objectively by closing your trades before reaching 2R or even entering trades that are not according to your strategy.
In parallel, even if you invest money you can afford to lose and risk 1% per trade, you won’t be consistently profitable if you don’t have a well-defined strategy that gives you an edge over the market technically or through risk management.
In brief, stay away from trading if you don’t have these 5 rules.