BTCUSD Trading success isn’t about forecasting the market but being ready for any scenario. Discipline, patience, and a solid strategy make the difference. Trade with confidence, manage risk carefully, and allow the market to work in your favor. Stay focused. AMZNMSFTAAPLTSLA
SPYSPXNVDATSLAAAPL Hi traders! Let me recap February and see how this month went in trading. The first trading session in February was on 02/03/2024, and the last trading session was today, 02/28/2024.
During the first week (02/03 - 02/07), three trading sessions were in profit, and I only faced a minor loss in one session, on 02/05. The reason for this loss was theta decay, so I should point out that I need to work on minimizing losses due to theta decay.
During the next week (02/10 - 02/14), three trading sessions were in profit, and only two trading sessions were in loss. The reason for those losses was still theta decay and wrong entry.
In the coming week (02/18 - 02/21), I faced a huge loss on 02/21, and the rest of the days were profitable. The major reason for that huge loss was gambler’s mindset (Monte Carlo Fallacy), where I kept averaging my positions. Therefore, I should work on improving this area as well.
This week (02/24 - 02/28), I was profitable every day and did a great job. However, today was the day when the analysis was correct, but I failed to execute at the right time.
Strength: 1.) High accuracy 2.) Right trend analysis 3.) Accurate MMs move prediction 4.) Consistent profitability.
Weekness: 1.) Theta Decay 2.) Gambler mindset sometimes 3.) Over-confidence 4.) Wrong timing while executing the trade.
Thanks for reading this, and I will appreciate everyone's comments and suggestions so that I can work on improving my weekness area's and I can continue sharing my trading knowledge with you all. Please drop your comment, and happy March!
TSLANVDABTCUSDAAPLAMZN 47th LAW OF POWER. The moment of victory is a moment of danger because you’re tempted to press your luck. Don’t let emotions push you past your goal. Stop, consolidate your gains, and prepare for new, different circumstances. Do not go past the mark you aimed for; in victory, learn when to stop.
AAPL Apple’s shares will be range-bound in the near term. The current instability caused by the US government’s policies is creating a challenging environment for businesses, making it harder for them to commit to long-term investments. This uncertainty is likely to dampen consumer confidence, impacting Apple’s sales and growth prospects. Given these factors, I expect to see Apple’s stock oscillate between $220 and $250 for the foreseeable future. Traders should keep an eye on these levels for potential entry and exit points, as volatility may present opportunities within this range.
GOLD Recognize when to stop—overtrading can turn gains into losses. Once you reach your target or stop level, take a break and evaluate your performance. EURUSDBTCUSDTSLAAAPL