WayanEko

WayanEko Mod Feb 20

A pump and dump is a common pattern in crypto where: Pump → The price suddenly surges as traders rush in (often fueled by hype or big players manipulating the market). Dump → After the price goes up, early buyers sell their coins, causing a sharp crash. Many small investors get trapped buying at the top, thinking the price will keep rising. The key is knowing...

WayanEko Mod May 30, 2024

The High and Tight Flag (HTF) is a powerful yet risky chart pattern used in technical analysis to predict future price movements in stocks and cryptocurrencies. This pattern is characterized by a steep, nearly vertical price rise (the "pole") followed by a consolidation phase (the "flag"). Here’s why this pattern is both dangerous and potentially highly...

WayanEko Mod Mar 18, 2024

Cristiano Ronaldo is a soccer legend. He has won the Ballon d'Or five times, which is an award for the best player in the world. He's scored more than 700 career goals, and he's won league titles in England, Spain, and Italy. Not to mention, he's also won the Champions League, Europe's top club competition, five times. Ronaldo is known for his incredible work...

WayanEko Mod Mar 12, 2024

Imagine sitting in a room with a group of people you've never met before, and you're all asked to participate in what seems like a simple task: select the line that matches the length of the line on another card. This was the setup of an experiment by psychologist Solomon Asch in the 1950s. Participants were shown two cards, one with a single line and the other...

WayanEko Mod Mar 8, 2024

Gold has always grabbed our attention, not just because it looks nice but because it carries a lot of history. Did you know that the world’s oceans are filled with about 10 billion tons of gold, impossible to mine due to its diluted state? Or that the largest gold nugget ever found was the "Hand of Faith," unearthed with a metal detector in Australia in 1980,...

WayanEko Mod Mar 4, 2024

Back in 1967, a big study called the Whitehall studies was done by Professor Michael Marmot. He looked at 28,000 British office workers for 40 years. en.wikipedia.org For the first time, this study showed how stress from work really affects how long people live and their health. It also found out if you’re higher up or lower down in your job affects how stressed...

WayanEko Mod Feb 7, 2024

Looking forward to 2024, we've got lots of expert guesses about what might happen with money, business, world politics, and new gadgets in the coming year. Here they are: 1. S&P 500 Peaks: Expect the stock market, especially the S&P 500, to hit new highs. It's like a good day on the stock exchange is on the horizon. 2. Robots at Work: More robots will start...

WayanEko Mod Jan 3, 2024

I was off work one day, and my wife was busy with her job. I took care of our home, did chores and even took the kids out to eat. In the evening my wife came home and I decided to sit down to play some video games. Seeing this, she asked, "Were you playing video games all day?" I was surprised. That woman, how could she? I was doing housework and taking care of...

WayanEko Mod Nov 29, 2023

If you are investor, there is high chance you are familiar with the name Charlie Munger. He is the legendary investor, the right hand of Warren Buffett Berkshire Hathway with a net worth estimated at $2.6 billion dollar. Just how much is $2.6 billion? Well consider this car. A Lamborghini Aventador which cost around $789,809 to $825,914. With $2.6 billion, you...

WayanEko Mod Updated  Nov 21, 2023

US10Y (Top Left Chart): This chart shows a general uptrend in the 10-year Treasury yield for most of 2023, with a recent downtrend. The yield is now slightly below the 50-day SMA but above the 200-day SMA, suggesting a short-term decline in investor confidence but a general medium-to-long-term confidence in the economy. US03Y (Bottom Left Chart): The 3-year...

WayanEko Mod Nov 13, 2023

Let's talk about John, who loves to make quick stock market choices. He used to decide alone and felt good about it. But after marrying Emma, who likes to think things through, they started making these choices together. This change brought something unexpected – John started doing better in his trades. Understanding the Effect of Asking Your Spouse Before...

WayanEko Mod Aug 29, 2023

Everyone has been in a relationship. But not many people know that some terms in trading can be explained with relationship analogy Here are some common terms in trading that translated to love language where heart meets the market Trend Line: The general direction of where your relationship is heading. Whether it's up, down, or sideways, always remember...

WayanEko Mod Jul 2, 2023

Imagine you have a child. He's smart and his IQ scores aren't just above average. It’s towering high, dwarfing kids of his age and he solves problems faster than you can explain them. He makes you proud. Now, as he grows up, a special invitation lands in your email. It's from a society that recognizes your child’s brilliance, a society for people with high IQ....

WayanEko Mod Jun 22, 2023

Picture yourself as an investment fund manager, but with an unusual twist: instead of growing wealth, your goal is to squander it. Yes you have to lose money as much as you can. How would you do it? You might think that picking overpriced stocks or putting all your eggs in one basket would do the trick. However, things aren't that simple. The stocks you deem...

WayanEko Mod May 22, 2023

The Mahabharata, one of the longest epic story ever written, is a 2,000-year-old piece from India. It's mainly about a fierce family feud, but it's also filled with profound lessons. The story leads up to a huge 18-day battle between two groups: the Pandavas, who are the heroes, and the Kauravas, who are not quite so honorable. On the 13th day of a fierce battle,...

WayanEko Mod May 11, 2023

Letting your losses get out of hand is a mistake that pretty much everyone, even the pros, make all the time. Think of it like driving a car without any brakes - a crash is just waiting to happen. In my opinion, if you can't deal with the idea of cutting your losses, then maybe managing your investments or anyone else's isn't for you. People just hate the idea of...

WayanEko Mod Apr 27, 2023

Let’s say you are trying to make a tough decision, you know like everyone did in their life. You've got loads of information at your fingertips, but how do you know what's most important? Should you spend hours analyzing every detail, using all the information, flooding your brain with the information or should you trust your gut and take a leap of faith? It...

WayanEko Mod Updated  Apr 26, 2023

As a beginner who’s spent years exploring the world of market psychology through technical analysis, I’ve come across a concept that’s commonly used by traders and investors: the moving average. Mark Minervini, a successful stock trader, is known to use moving averages as his method of choice. At its core, a moving average is a tool that helps us identify the...