Get started

Tipsandtricks

TRADING TIPS That SERIOUS Traders Know ( ͡° ͜ʖ ͡°)Trading can be like... following a diet🥨 You need a clear plan, but also some space for cheats. If you're prone to jump-in trading, have some funds available for it - trading should be fun! Take that risk. But plan for it. If you've spent your 10% high risk capitol for the month/quarter, then that's that. - Look for Fractals Fractals in higher timeframes such as the weekly are often reliable, as it points towards the cyclic nature of the market. How did I make +118% on SOL? By following a fractal from the previous bull market: - Learn Elliot Wave Theory From the DOGE chart, we can see that Point 5 is not going to happen. (not that it won't happen at all, but just that it won't happen for the short term). How do I know this? ...Elliot Wave Theory. The EWT tells us that if point 4 retraces beyond point 1, the bullish impulse is invalidated. We are now more likely to slow bleed down to Point 2. - Look for Reliable Patterns Sometimes, certain patterns can be seen moments before they are finally "finished" forming. It's important to know the rules of these patterns, and trade reactively. I knew where to short ETH. How did I know? The M-Pattern: Deep Dive guide on Pattern-Trading here: - Learn to Manage Risk with Leverage Let's not duck around - Trading is risky but crypto trading is VERY RISKY. Make sure you have a strategy. - Learn To Trade the Rotations There's a secret pattern in the relationship between Bitcoin, Bitcoin Dominance and altcoins by market cap. Make sure you understand it before you take a leveraged trade: - Pick a few Technical Indicators and STICK TO THEM It's tempting to use whatever new indicator is the flavor of the day... but how will you ever learn the secrets? Technical indicators have "secrets". They look different on different markets. For example, SOL can be "Extremely Overbought" without correcting much for an extended period of time, where as Bitcoin usually corrects when the "Extremely Overbought" signal flashes. (This is an observation from using one indicator on many charts). Personally, I love Bollinger Bands, Moving averages and Cryptocheck START V3.5 as my combo indicator. That's how I called the beginning of the new Bullish season in November 2023: It's important to note that none of these strategies are 100% fail proof. Even the best Wallstreet traders average on 58% per annum. Stop trying to follow people who claim to make +1000000....% per annum. Often, these guys have lots of money to lose, in other words it's more a fly-by-night than studying charts for consistent wins. As long as you're making more than interest rates from a fixed deposit at the bank - you're winning! ________________________
by CryptoCheck-
XAUUSD Weird day of price & Asian session outlook Good evening gold gang!! hope you are all well Very strange day of price where we saw ranges around the 2002 trapping traders both sides .. including me. I followed my plan and went long to be stopped out for a minor loss after managing risk. The rest of the day was much the same and my orders were not trigged (thankfully) Onto tomorrows sessions, we have big news tomorrow! so i would expect price to do much of the same until then. I have included my revised buy and sell prices. Candle closures required for both. I may wait until after the news personally just to be sure of direction. DXY ranging the 102 key level also so the market is certainly tentative awaiting the news. Thank you so much for all the new follows and likes on my posts .. means alot! Official Gold Gang members Have a great evening tommy
OANDA:XAUUSD
by tommyXAU
10
The Most Underrated Technical Analysis Tool - Element of Time !Market timing is an essential tool whether you're a day-trader, portfolio manager and/or long-term investor. I present to you the most underrated technical analysis tool in the space of retail trading. The purpose of this short educational webinar is to open your eyes to something you don't hear about abundantly because it is the most disregarded aspect of trading in my opinion. As an intraday trader, my main focus is on the speculation of "the next daily candle". However, I first analyze and project on "the next weekly candle". Each weekly candle is broken into 5 individual daily candles, and each daily candle is broken down into 3 main market sessions - namely, Asia, London & New York Session. You'll find that my main focus in this lesson is on the day in which you find a lower / upper wick being created on the weekly candle. More often than not, "Tuesday" typically forms the low of a bullish weekly candle, and the high of a bearish weekly candle. I encourage you to mark out the Open of your week, and highlight the swing point on the Tuesday of each week. I promise, you'll start implementing the "Element of Time" in your trading toolbox. Of course this is not a standalone tool, however is helps greatly with the determination of your weekly directional bias. It will also assist with your trade and risk management. It is to up to you to put the work in and infer whatever information you can from this little teaser of an illustration. Let this open up the opportunity for you to exponentially elevate your trading skillset.
Education
by Maroun4x
9
🔋 Live to trade another day 🔋As the weekend has come we have lost many fellow traders in the days that have passed and we will lose many more in the next week and the week after that... but if they only knew the basic principles of what this video goes over, they (their accounts) would still be here with us! Our mission is to help other traders become successful and in an effort to achieve our goals we come up with simple yet effective tips and tricks on achieving our goals, by helping you achieve your goals! This video goes over some ideas and tips on how you can survive as a trader, the tips we go over are: LIVE TO TRADE ANOTHER DAY: - Use position sizing - Have a definite exit area - Prepare properly before starting to trade - Review your trades daily or weekly (always seek improvement) - Always follow your process & system - Don't listen to others, find your own trades daily - Cut your losers when the market tells you the trade is done, you can always re-enter We hope this video helps you achieve consistency! If you like it check out the other related videos on our channel! Happy Weekend Traders!
DEducation
by PrimedGroup
1
Deleting All Drawings Past a Certain DateIf you ever receive the error, "You should delete drawings to improve performance" , how can you bulk delete old drawings, say "All drawings older than 60 days" without manually going back into all your charts and deleting them one-by-one? This video will show you how to quickly delete all drawings in a layout older than a certain date. Hope you enjoy it! Trade well... --- Here's a quick checklist on running through your watchlist to delete all drawings older than "X" days: Pull up your Layout that's giving you the performance warning Click on the first symbol in your watchlist Press Alt-G to bring up the GoToDate dialog Select a date "x" days in the past you want to delete older items from and press Go to Right-click the nearest object to that date Select Object Tree from the menu Scroll all the way to the bottom of the Object Tree pane Hold Shift and click the last drawing in the list Right-click the highlighted section and choose Remove
Editors' picks
Education
by ocaptain
33
What topics do you want to learn about?3 years in the market, studying each day has taught me a lot, and I'm still learning each day. But with a background in Psychology and an interest in Education, I want to know that part of the markets YOU want more information about. In the comments below, list off some simple topics for beginners that want someone to help explain things from anything charts, what indicators are valuable, and lastly how psychology create the patterns we see on our Trading View apps. Let me know in the comments below and ill make a post tailored to your inquiries and tag you for ease of use!! If you see someone ask your question, drop a like on their comment or saw "following" as a reply to their comment. This way ill know which topics are priority!!
C
by SwayzePunkz
12
Crypto Market crash over? BUY THE DIP!Yesterday evening, just as the crypto market day was coming to an end with some bullish momentum, an unexpected tweet from Elon Musk, CEO of Tesla and SpaceX, caused the crypto market to crash the hardest and fastest in the shortest time. This caught most investors off guard and many crypto traders have had a really bad day today. But what if I told you that I am actually closing today on a BULLISH note. My crypto portfolio has gained about 10% today. Now as hard as you think that might be or as lucky as you think I am, I am here to tell you that it really takes nothing much. I will explain it briefly but effectively below. The most important steps to gaining on any day and especially CRASHES are quiet simple, some of the most important steps are: - Diversifying your portfolio into many different crypto coins, but only coins that are known to be somewhat stable OR move in a correlation with Bitcoin. The variety of the coins you choose are up to you, but I have previously posted a few Alt coins that I trade. More to come soon! - If you are trading with or without specific budget, always make sure to keep enough extra cash to buy the dip. Buying the lows can actually help recover losses quicker and allows you to aim for higher profits overtime. - I personally believe that the following RULE is the Golden Rule and should never be broken. Most beginners do not have enough experience and do not know how to properly deal with profits. The most important thing a trader can do before investing is set a specific target they want to reach before starting. Speaking from experience, not having a specific target can ultimately make you hungrier for more, leaving you paralyzed and unable to hit the sell button, hungry for more. This can be disastrous as when the market quickly rises, a quick drop is inevitable, stay aware of your goals and follow them. - Do Not let FOMO eat you up, FOMO: Fear of missing out The very best traders always miss out on opportunities. It is very important to understand that you will not be able to grab 1% of all opportunities in the market. The most important thing to focus on is to make the most of the opportunities in life. I hope you found this helpful, a like would really be appreciated. I will not suggest following me because you should be intelligent enough to know that following me is the right choice. I post daily content on crypto and stocks !
COINBASE:ALGOUSDLong
by TraderThierry
2