Daveatt

Daveatt

Hello traders, All the below are based on my preferences, I don't give any financial recommendations and I have nothing to sell you with this article. I'm sharing content because I see a lot of traders being/becoming broke and I don't want you to be one of them. Who taught me to become a great trader? Was it a majority of trying and failing? or was it...

Daveatt

Hello traders, All the below are based on my preferences, I don't give any financial recommendations and I have nothing to sell you with this article. I'm sharing content because I see a lot of traders being/becoming broke and I don't want you to be one of them. Yesterday, I posted an article about how to NOT overtrade when you're emotions are running high: ...

Daveatt

Hello traders, All the below are based on my preferences, I don't give any financial recommendations and I have nothing to sell you with this article. I'm sharing content because I see a lot of traders being/becoming broke and I don't want you to be one of them. Here's how to stop overtrading and get rid of your trading addiction:🧵 I - Define a set of rules...

Daveatt

Hello traders, All the below are based on my preferences, I don't give any financial recommendations and I have nothing to sell you with this article. I'm sharing content because I see a lot of traders being/becoming broke and I don't want you to be one of them. Scaling-in There are times when I will scale into a position. When the price dips into the my...

Daveatt

You're trading at a disadvantage without a proper mindset Here's how I get mentally prepared to trade each day: 🧵 Trading stars with your body Recognise that everything in your life connects to trading That means if you want to be disciplined in trading Start... - Eating well and enough - I track my calories and my macros - Working out daily - I work out...

Daveatt

Almost all blown-up accounts happen quickly Typically from only 1-3 trades There are 2 main causes for this: - Risk Management - Emotions Let's dive into both👇 Risk Management Risk management is crucial to becoming a successful trader The best way to grow an account is to risk the same % of the account per trade I suggest no more than 5%, but the lower the...

Daveatt

Hello traders, There are TONS of journaling tools out there. But 99% of them are missing this one feature that is CRITICAL to your success. Here's how to journal your trades the RIGHT way: 🧵 Most journals go over statistics of your trading day # of trades P/L Risk/Reward Ratio These are important to measure, however... There are a few elements...

Daveatt

Introduction Indices (or Indexes) are weighted sum of local stocks. The Dow Jones is the indices for the 30 largest US companies. Nasdaq (National Association of Securities Dealers Automated Quotations) is the indices for the tech stocks. FTSE (pronounced Footsie) is the indices for UK stocks Most countries have 1 or multiple indices for their stocks. Indices...

Daveatt

Hello traders, Introduction How many times did you find a perfect strategy giving great results in backtest but wasn't working for LIVE trading? This effect is due to "overfitting" your past signals giving great historical results in a past environment. Overfitting means you're forcing the results to look great; hence not realistic; knowing the historical...

Daveatt Updated 

Hello traders, Short position TP1 - 1493 TP2 - 1440 Cheers Dave

Daveatt Updated 

Hello Traders Short at market TP1: SMA 7 Monthly TP2: SMA 200 Daily SL: Using a custom hard exit. I'll update real-time if hit Enjoy

Daveatt Updated 

Hello traders Entry at market TP1: 0.2096 TP2: 0.2031 I'll update for the hard-exit (my custom stop-loss in real-time) Thank you

Daveatt Updated 

Hello traders Sharing a morning DOW trade for CFDs, futures, and micro-futures This is an intraday trade with TP = a bit above the SMA 7 Weekly I don't trade based on fundamentals, mostly on technicals :) Cheers Daveatt

Daveatt Updated 

Hello again Offering now a short on RSRUSDT on an hourly timeframe Take profit: a bit before the Traditional S1 Weekly Pivot I'll update whenever I'll set my Stop Loss to Breakeven or Take Profit Cheers

Daveatt Updated 

Hello traders I'll try to share a few trades a day from now on First one of the day A short on REN/USDT with 2 Take Profits - TP1 a bit before the Weekly Traditional Pivot S1 - TP2 a bit before the SMA 100 Daily This is a swing trade based on an hourly chart so it might take some time to develop Will update if hard exited and when I'll set my Stop to breakeven

Daveatt Updated 

Hello traders Sharing a quick intraday trade today on SRM/USD or SRM/USDT TP: a bit before the SMA 20 Daily Stop: based on hard-exit, will share when it will trigger Hope this trade will be fruitful Cheers Dave

Daveatt Updated 

Hi everyone Taking a short on ETH/USDT Binance on a 30 minutes chart Take Profit: SMA 100 Daily (310 USD being a bit before the SMA 100 Daily) Stop: will update in real-time if I get an hard-exit signal Cheers Dave

Daveatt Updated 

Good morning Europe and Good afternoon Asia (and Good night to the Americas) Sharing a Long on the DEFIPERP Indices on FTX. This index also exists on Binance but I'm used to trading the FTX one It's a weighted sum index of the DeFi crypto tokens. Very easy to trade because the movements are slower compared to individual DeFi tokens displaying sometimes -/+ 90%...