In this idea I would like to cover basic market/crypto terminology for beginners! Trading is a speculation in various assets with the aim of making a profit. Technical analysis is a type of market analysis that uses information from price movements on a chart. Fundamental analysis is a type of market analysis that uses information about a project, segment and...
The whispers of "altseason" echo through the cryptosphere, igniting the imaginations of investors with visions of explosive altcoin growth. But what exactly is this mythical period, and how can you navigate its thrilling (and potentially treacherous) waters? Deciphering the Altcoin Landscape: Imagine Bitcoin as the majestic oak, anchoring the crypto forest with...
Welcome to the comprehensive guide on mastering risk management in cryptocurrency trading. In this detailed tutorial, we'll walk you through the essential principles of calculating stop losses, determining risk percentage per trade, and strategically placing stops for optimal risk mitigation. Whether you're a novice or an experienced trader, understanding and...
Introduction: Day trading is a controversial modality that involves short-term operations on the stock market. Many people are interested in this way of investing, but they do not know that it requires a very rigorous behavior and discipline. In addition, there are several myths and truths about day trading that need to be clarified. One of them is that large...
Here are some insights I've gathered over the years of trading experience 1. Position Sizing: A common issue for traders stems from taking positions that are too large. Emotional decision-making often takes over when you see your account balance decreasing. I've observed traders exiting trades prematurely to free up capital for what they perceive as a 'better...
In the fast-evolving landscape of financial markets, algorithmic trading, commonly known as algo trading, has emerged as a powerful and accessible tool. Today we have created a comprehensive guide for beginners, breaking down the concept, exploring its benefits, and providing insights to facilitate a successful journey into algo trading. Are you ready? Let's dive...
Fixed Volume Range Profile (FVRP) is a powerful tool for crypto traders seeking deeper insights into market dynamics. It allows you to visualize price and volume data in a unique way, helping you make informed trading decisions. In this comprehensive guide, we'll walk you through the fundamentals of using Fixed Volume Range Profile for trading...
Drawing inspiration from the timeless wisdom of Marcus Aurelius, this guide distills ancient Stoic principles into modern trading strategies. Dive in to discover how to strengthen your trading mindset and unlock your unique edge. 1. On Emotion and the Markets Remember: The markets are indifferent to your emotions. Anxiety, joy, desperation – these are...
Key words: ,,,,, , ,, 🐼The world of forex trading is as fascinating as it is dynamic. To thrive in this fast-paced market, developing a robust trading strategy is paramount. In this article, we will explore the key points that can help you identify and refine your trading strategy, bringing you closer to success. 🐼Identifying Market Trends: Understanding...
❤️Risk management is a crucial component of forex trading to help minimize potential losses. In this article, we’ll explore the do’s and don’ts of risk management in forex trading. 🧡DO’S 💁🏼♀️Set a stop-loss order: A stop-loss order is a pre-set level at which a trade will automatically close, thus limiting the loss on an open position. 💁🏼♀️Diversify...
How to use the Stock Heatmap on TradingView to find new investment opportunities across global equity markets including US stocks, European stocks, and more. Step 1 - Open the Stock Heatmap Click on the "Products" section, located at the top center when you open the platform. Then click on "Screeners" and “Stock” under the Heatmap section. Members who use the...
🍀The forex market is a dynamic and complex marketplace, with billions of dollars changing hands every day. At the center of this volatile financial landscape are a handful of key players who wield immense power and influence over the direction of global currencies. In this article, we'll introduce you to some of the biggest and most influential forex market...
Becoming a professional trader is not an easy task. While trading may seem exciting and lucrative, it requires dedication, discipline, and a sound understanding of the markets. In this article, we’ll share with you three key steps to becoming a professional trader. 🌺Step 1: Build a Strong Foundation Before beginning your journey as a trader, it’s essential to...
Hello Traders:) Enjoy this small tutorial about VWAP 1. Definition: VWAP is a popular technical indicator used in trading to assess the average price at which a security has traded throughout the required time range, weighted by the volume of each trade. It provides a reference point for traders to evaluate whether they are buying or selling at a favorable...
Here are ten key points I wish I knew 11 years ago 1. Position Sizing: Trade with suitable position sizes to minimize the emotional impact on decision-making. Ensure your trades are neither too small nor too large, balancing the potential for profit and the ability to make rational decisions. 2. Avoid FOMO: Don't trade based on the fear of missing out. Make...
There are a lot of myths surrounding investing. Some say that it is too complicated for a beginner, and you can't figure it out on your own. Others portray the image of a successful investor who travels all the time and does almost nothing. So, let's find out how things really are. What Is Investing? Investment is the long-term investment of funds, finances and...
I want to speak about simply how to thrive in a future market. One must apply a strategy premeditated and followed through till revising once more. See the market is a dragon of chaos and as such we mortals need tools to manage it without being all banged up…Many excellent indicators exist but it’s most essential to find one that you understand and that is...
The Moving Average Convergence Divergence Oscillator , otherwise known as MACD, is one of the most powerful and dynamic indicators, if you can learn to use it properly. It is easily one of my personal favorite indicators, and one that I currently use when scalping and day trading. Now before we get into how the MACD works on a technical level, let’s first go...