How I pass Prop Firm Challenges Using HedgingHere I explain my strategy on the basics of hedging. Hedging can be a great way to improve your consistency and grow your account but you have to do it properly. It takes time to get it right. If you give up too soon you miss out on winning in trading. You can't be weak if you want to be a trader. You cannot give up so easily on learning. Get tough, up your game and let's win!!!!
Growth
How to double your small ($250) trading account trading Bitcoin How to Double your Small ($250) Trading Account Trading Bitcoin
I started a degen account with $250 and almost doubled it in 4 days making about 6 trades. This strategy is not Financial advice and I'm only illustrating what I have learnt trading this way. This is the first video in the series and I'll be continuing the series , updating you on progress, winners, losses, my trading journal and some live trading, so make sure to Sub, like comment and share.
I show you how I entered my current trade, where I am looking to take profits and show you my pnl on Bybit.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Fundamental and statistical analysis method - ExplainedHi All,
I have been asked by few in comments and personally to post fundamental analysis of few other companies in similar way as that of FB and PYPL (as per linked ideas). Since, I will not be able to take all the requests, I thought I will make a video explaining how to do it yourself :)
⬜ Following things are discussed in the video
🎲 Earnings
Not significant unless the gap is too much. Things to look for are:
If the recent earnings and revenue has met expectation/estimation
If the next earning/revenue estimates are higher/lower than current one.
Cyclical nature of quarterly earnings - check results and estimations of last two years of same quarter
🎲 Quality
Can use open source script Quality-Screen from community library.
Color coded based on standards and very generic method.
May also need to consider that some of these stats may be industry and sector based and may require comparison among similar stocks.
Overall - if green/lime good, if lots of red/orange - bad. Silver - in between.
🎲 Relative Growth
Can use open source script Relative-Growth-Screen from community library.
Applies Bollinger bands/ Keltener channel to define whether they are relatively high or low. Can also use RSI - but, have not tried :)
Measures growth over past few years.
🎲 Drawdown from ATH
Price drawdown from ATH and historical drawdown levels. Can use open source script Drawdown-Range from community library.
Tells what is the current price drawdown from ATH.
Provides details on historical drawdown levels and ranges.
🎲 Drawdown comparison - price vs fundamentals
Percentile-Price-vs-Fundamentals is the utility I built to carry out the comparison. I am not sure if there are any other comparable tools. Tool is useful for comparing if price drawdown is justified with the drop of fundamentals or if this is an overreaction.
⬜ Please note
▶ News events and probability of future potentials are not taken into consideration. Objective here is to work solely based on the readily available stats.
▶ It is unreliable use this method for short term trading as we cannot be sure when the things going to price in or if they have already priced in.
▶ Not a financial advise. Just an idea based on the research I have done so far. Constructive criticism welcome. Happy to learn from others.
How To Use Sparks To Kickstart Your ResearchThis video was created by our team to introduce you to the new Sparks tool. Sparks are curated lists to help kickstart your research process. You can find lists of symbols related to specific topics like outer space, alt coins, and a lot more.
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