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$BABA | Allocation & Watchlist | Market Exec & Buy Stops |Technical Confluences: - Price action has been consolidating between a Wedge pattern - Price action is at a Demand Zone of all-time lows - Price is starting to slowly break above the 200MA - A break above the resistance trendline (been a good support/resistance TL) would be a significant move. Fundamental Confluences: - Considerably cheap valuations - Still one of the largest e-commerce players, don't see it dropping it off anytime soon - China's economy has been weakening and we are seeing efforts by the China government to help boost back the domestic economy. Potential for revenue boost. ________________________________ Putting in my first tranche of NYSE:BABA allocation for my Long-Term portfolio. Gonna be holding this share for years and will continue adding position with Buy Stop orders. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
NYSE:BABALong
by weekendanalyst
5
$SPY | Watchlist D1 | Buy Limit |Technical Confluences: - Recent Elliott wave count shows that we are now in a Wave 4 retracement - Price action seemed to have topped out at the 50% Fibo Extension for now (Ending Wave 3) - Price action may test the Supply Zone again before retracing downwards towards the Horizontal Trendline and the 38% or 50% Retracement Fibo Fundamental Confluences: - US economic outlook is weak currently and valuations needs to normalize before we make a new high - Businesses are suffering from high interest rate environment and for the FED to cut, growth needs to show definite weakness, which we are starting to see. - A FED cut will not instantly improve business prospects again as interest rate changes takes time to seep into the economy - Investors will also be wary about the upcoming elections as government policies may affect business activities ________________________________ Watching the Demand Zones as levels to begin some of my portfolio allocation into AMEX:SPY Will place my Buy Limit orders for the it. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
AMEX:SPY
by weekendanalyst
4
$CELH | Buy Potential D1 | Market Exec | Technical Confluences: - Elliot wave may have completed Wave 4 and begin the Wave 5 move - Price action is close to the 78% Fibo levels and a Demand zone (Yellow Zone) area. - Stochastics are at Oversold levels on both Weekly & Daily timeframes (TF) Fundamental Confluences: - Earnings was positive with both domestic & international revenue increasing, EPS beat, EBITDA also up - Slowly gaining market share in the Energy drinks segment ________________________________ I see these levels as good for me to being some allocation of my Portfolio into $CELH. Blue Zones & Fibo Extension levels (in Blue) will be the starting point of some my TP levels. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
NASDAQ:CELHLong
by weekendanalyst
How to Build Your Portfolio Like a Professional InstitutionInvesting at the institutional level involves a sophisticated blend of strategies, risk management, and performance measurement to achieve optimal returns. One of the cornerstones of creating an institutional-grade portfolio is the use of optimization methods, with particular focus on ratios such as the Sharpe Ratio, Sortino Ratio, and Omega Ratio. In this guide, we'll delve into what these ratios are, how they differ, and when to use each to construct a robust institutional-grade portfolio. Understanding the Ratios Sharpe Ratio Definition : The Sharpe Ratio, developed by Nobel laureate William F. Sharpe, measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. It is calculated by subtracting the risk-free rate from the return of the portfolio and dividing by the standard deviation of the portfolio's excess returns. Usefulness : This ratio helps investors understand how much excess return they are receiving for the extra volatility that they endure for holding a riskier asset. A higher Sharpe Ratio indicates a more attractive risk-adjusted return. Sortino Ratio Definition : Similar to the Sharpe Ratio, the Sortino Ratio also measures the risk-adjusted return of an investment portfolio. However, it differs by only considering downside volatility (negative returns) rather than the total volatility of returns. Usefulness : This focus on downside risk makes the Sortino Ratio particularly useful for investors who are more concerned about potential losses than the overall volatility. A higher Sortino Ratio indicates that the portfolio is efficiently earning more on its downside risk. Omega Ratio Definition : The Omega Ratio is a more comprehensive measure that divides the returns above a certain threshold (typically the risk-free rate) by the returns below that threshold. It considers all the moments of the distribution of returns, not just the first two moments (mean and variance) like the Sharpe and Sortino ratios. Usefulness : This ratio is especially valuable for portfolios that do not follow a normal distribution of returns, providing a more holistic view of performance across different risk levels. A higher Omega Ratio indicates better performance per unit of risk. How They Differ The primary difference among these ratios lies in how they measure risk and returns: Sharpe Ratio considers the total volatility (standard deviation) of portfolio returns, treating all volatility as equal. Sortino Ratio improves on this by focusing only on downside risk, which is more relevant for investors concerned about losses. Omega Ratio goes further by considering the entire distribution of returns, offering insights into the performance across all levels of risk. Situational Use Sharpe Ratio : Ideal for general comparisons of portfolio performance where the investor is concerned with both upside and downside volatility. It's particularly useful when comparing portfolios or investments with similar risk profiles. This ratio is commonly used by most large financial institutions due to the large sums of money they manage and ensuring portfolio stability is prioritized over larger profits. Sortino Ratio : Best used when the investor's primary concern is with the downside risk rather than total volatility. This ratio is suitable for portfolios where strategies are aimed at minimizing losses rather than capturing every potential upside. This ratio is used by investors who are able to stomach more volatility in their portfolio in return for a higher probability of gains while effectively reducing equity downside. Omega Ratio : Most beneficial for analyzing portfolios with non-normal distributions of returns, such as those including options, leveraged investments, or hedge funds. It provides a nuanced view of performance across different levels of risk, making it suitable for sophisticated investment strategies that aim to manage risk in a more granular manner. Due to the nature of this ratio, only investors who have a larger risk appetite and require aggressive growth should use this ratio as the omega ratio will not necessarily be affected by high portfolio drawdowns as long as the runups are significantly higher. This means a portfolio could experience a 60% drawdown, followed by a 1000% runup, and the Omega Ratio calculation would return a high value as the probability of gains still outweigh the probability of losses. Conclusion Constructing an institutional-grade portfolio requires a nuanced understanding of both the opportunities and risks present in the investment landscape. By leveraging the Sharpe, Sortino, and Omega ratios, investors can better assess the risk-adjusted performance of their portfolios, tailoring their investment strategies to meet specific risk and return objectives. Whether you're managing a conservative fund focused on minimizing losses or a dynamic portfolio seeking to capitalize on market inefficiencies, these ratios provide critical insights that can help optimize your investment approach for superior risk-adjusted returns.
NASDAQ:TSLAEducation
by AlgoAlpha
2
ETH vs BTC? It depends: See why!The TPI (Trend Probability Indicator) tells you if the trend of an asset-class or commodity is bearish or bullish. It has values that range from -1 to +1, where -1 is bearish, and +1 is bullish. Values between -0.2 - 0.2 are neutral, and we expect market to be ranging and mean reverting at that TPI score. The TPI works on all timeframes above the 4H timeframe. I use it to manage a modern portfolio where I use longs and shorts. Here is how I try to mitigate my risk, and maximize my profits by for example reading when ETH will out/underperform BTC.
by IkkeOmar
How Much Gold Does Your Portfolio Need?Economists make forecasts to make weathermen look good. Trying to forecast trends in complex systems is never easy. As with weather, financial markets are influenced by a myriad of factors which can make prediction akin to gambling. Time in the market beats timing the market so a far safer bet is building a diversified and informed portfolio. As mentioned in our previous paper , gold is a crucial addition to any well-diversified portfolio. Gold offers investors the benefits of resilience during crises, diversification, and low volatility while also being a good hedge against inflation. With crisis ever-present, from pandemics and geo-political conflict to financial instability and recession, uncertainty is on everyone’s lips, including central banks which bought a record 1,135 tonnes of gold last year. Central Banks have shown no signs of slowdown going into 2023, buying 74t in Jan and 52t in Feb, the strongest start to central bank buying since 2010. It is clear why, with rising global inflation due to 2 years of unprecedented QE. A decade of cheap money has its costs which are coming back to bite both consumers and central banks. This is now being played with collapsing banks and crumbling businesses. Though governments may term these exceptions, they’re the inevitable consequence of hiking rates too fast. And even though inflation has now started to cool, it is proving stubborn and the risk of recession looms. In crisis, institutions and individuals rush to gold. It’s no wonder then that gold prices spiked in March nearing an All-Time-High above USD 2,000/oz. Gold continues to trade above the key 2000 level even in April. Even now crises show no sign of slowing. Recession talks have become commonplace and phantoms of 2008 haunt with bank collapses. The world is increasingly moving towards reshoring and friendshoring, and de-dollarization is talked about more and more. It is almost inevitable that gold will break its all-time-high soon. But, buying gold is the easy part, in fact, our previous paper covered 6 Ways to Invest in Gold. Managing gold as part of a larger portfolio is more nuanced. Allocating the right amount, finding the right entry, and knowing when to cash out are all critical. This paper aims to address two questions – 1. What are the key drivers of gold prices in this decade 2. How should investors use gold in balancing portfolios to navigate turbulent times? What Propels Gold After Its All Time High? SVB and Credit Suisse pushed it to its brink. In fact, spot prices in India, Australia, and the UK sailed even above their All-Time-High. But what propels gold now? Financial Instability Was Credit Suisse the End? “The current crisis is not yet over, and even when it is behind us, there will be repercussions from it for years to come.” - Jamie Dimon Unfortunately, Credit Suisse was likely just a symptom of the larger problem. 2-years of near-free money has inevitably led others to make risky bets which catch up to them during periods of QT. Additionally, Credit Suisse and SVB’s collapse were both set off by an unprecedentedly aggressive rate hiking cycle. Fed is stuck between a rock and a hard place as they try to control runaway inflation with aggressive rate hikes. Higher rates for longer increase the risks of financial instability. Stubborn Inflation and Recession Risks Stubborn inflation? Wasn’t inflation on its way down after almost a year? Yes and No. Although yearly inflation has definitely cooled in most countries from their peak last year, inflation continues to tick up month-by-month above the targets that central banks have set for themselves. It is not expected to reach below their targets even before 2025 in many countries. This is because although energy and commodity prices have cooled with demand waning, core inflation continues to remain stubbornly high. Additionally, food and energy prices are still volatile. On the back of this, recession risks remain high. Recently released FOMC meeting minutes showed that officials expect a recession in the second half of the year. A recession in many countries now seems inevitable. Gold shines during recession and high-inflation environments. High Interest Rates Wasn’t the Fed done hiking? Currently, CME’s FedWatch tool shows a ~72% chance of another 25bps hike next month despite the surprisingly low US CPI print. Does another 25bps matter? What’s more important is that 25bps is the peak rate and most central banks are calling this summit a pause and not a pivot. As such, rates will likely remain high for the remainder of 2023. Gold tends to perform well during high interest rate and risk-off environments. Escalating Tensions, Friendshoring, and De-Dollarization Last but definitely not least are central banks and their gold-buying binge. Though some of this can be explained by the ultra-high inflation. It is undeniably also driven by rising political tensions. The conflict in Ukraine continues to rage and the US extend its trade war against China with the CHIPS act. This is driving many of the largest economies to reshore and friendshore key supply chains. This also means relying less on the USD which can be weaponized by the US. De-dollarization has been underway for the last 23 years as the share of USD holdings in foreign exchange reserves has declined from 71.5% to 58.3% over the past 23 years. Current conditions make it more likely that the trend will accelerate. Gold inevitably benefits from all of this as it is one of the only assets that no other central bank can print or freeze. All of these factors will likely drive gold in the coming decade. But instead of setting a price target, investors can be prudent and methodical by properly allocating it as part of a larger portfolio. Using Gold in a Portfolio From 2000 until now, the following portfolios would deliver: Since 2000, gold has been the best performing asset out of the 3 main components of a basic portfolio – Large Cap stocks (SPY), Treasury Bonds (10Y), and Gold. Gold price has risen 609% compared to SPY at +193%. Investing in 10-year maturity treasury bonds would have netted investors 110% during these 23 years. As such, larger portfolio allocation towards gold would have yielded investors far more during this period. However, this comes at the downside of higher volatility. Gold has had an average 12-month rolling volatility of 15.8% over the last 23 years, slightly higher than SPY’s 14%. Still, not all volatility is bad, especially if the returns outweigh the risk. Volatility to the upside can be beneficial to investors. In order to measure the returns from the portfolio after accounting for higher volatility-associated risk, investors can measure the risk-adjusted returns using the Sharpe Ratio and Sortino Ratio. Sharpe Ratio measures the amount of excess return generated by taking on additional volatility-related risk. The higher the Sharpe Ratio, the better the portfolio is performing relative to its risk. The figure below contains the Sharpe Ratio for each of the portfolios across the last 23 years. Since each year had a different risk-free rate due to changing monetary policy, the Sharpe ratios vary for every year and there are periods during which gold-heavy portfolios have highest Sharpe ratios and others where it has the lowest. This highlights gold's sensitivity to changes in monetary policy. Sortino Ratio also measures risk-adjusted returns like the Sharpe Ratio however it only considers the risk of downside volatility. In other words, it measures return for every unit of downside risk. The figure below contains the Sortino Ratio for each of the portfolios. A key difference between the Sharpe and Sortino Ratios can be seen in the readings for 2009. Sharpe Ratio for a gold-heavy portfolio is the lowest in 2009 due to high volatility in gold prices. However, since this was volatility to the upside, the Sortino Ratio for a gold-heavy portfolio in 2009 is the highest. In 2023, a Gold heavy portfolio has performed the best and has the highest Sharpe and Sortino Ratio due to gold's relative overperformance amid the banking crisis. DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.
COMEX:GC1!Education
by mintdotfinance
4
DREAMS QUEST Wedge Breakout 1043% potential (Desktop Version)Hello traders, DISSECTING A FALLING WEDGE TRADE THE STRUCTURE Todays technical analysis is on DREAMS QUEST. This coin seems to be consolidating in a falling wedge pattern which I have seen many times play out very well for the Kucoin bangers that get listed. What you want to look for on a falling wedge pattern is 3 touches on both the bottom support trend and 3 touches on the top resistance trend. This will be the formation of the bullish consolidation falling wedge pattern as saw in the chart. The key indicators of a bullish falling wedge pattern are a wide mouth at the beginning of the pattern and bullish price heading up to the top of the pattern. Then an ABC corrective wave during a bearish down trend that consolidates tightly at the end of the pattern. A lot of times you will be able to use a fib tool from the bottom of the recent to the top of the beginning of the wedge and see that the bottom of the wedge generally bounces off of the 50% Fibonacci level indicating the price action may have exhausted the bearish market participants. THE STOP LOSS There is nothing more important in trading than risk management and protecting your capital. No matter how good of a pattern you see or how promising a trade set up is, the market could always have some bearish news that completely destroys your position. Thus, if you’re going to trade, USE A STOP LOSS!! Ok, for this particular pattern, placing your stop loss is pretty simple, I have a general rule of thumb to place my stop loss 3% below the last swing low of the falling wedge prior to the breakout. Which this will be placed after your entry which we will go over next but, I have listed it in this tutorial first as it is more important than your entry! Your initial stop loss is at .06295¢ THE ENTRY Your entry will be upon the breakout of the top of the wedge located in area #1 or upon retest of the breakout areas in box #2 shown on the chart. Upon breakout of the top of the falling wedge pattern, in the box labeled #1 this being your initial breakout area, you’re going to want to see a CLEAR bullish candle on the daily come above the trend line and be in the #1 buy box before entry to confirm that breakout. KEY NOTE and always a rule of thumb here is patience, your entry will come. Make sure you have a clear closed candle outside of the pattern before you think about opening a trade as there are very often false breakouts and it’s better to have a slightly less favorable entry than to have an entry that will end up getting you stopped out before the trade even starts. Last but not least, another KEY NOTE to look for when placing your entry is to make sure you watch for a spike or increase in volume upon breakout. This is a solid indication that the selling pressure has been exhausted and the market participants are turning bullish, adding more quality to your trade. ALWAYS LOOK FOR THIS INDICATOR FOR OPTIMAL TRADE RESULTS. The entry for this trade should be between .08718¢ and .09880¢ THE ALLOCATION I generally enter with 25%-50% of my allocation I have set aside for this trade at this point. When you’re actively trading it is important to keep your allocation low as when you have a large amount of your capital in a specific trade the hardest parts about trading start affecting you and coming into play. That is the psychology of the trade. The more money you have in any given trade will draw bigger fear and bigger ego if you have a loss or a win. Both are equally bad in trading and will cause you to lose money. So when I say I allocate 25%-50% of the funds I have for this specific trade you have to keep in mind that you should not be using more than 3% of your total account in any particular trade this, my 25%-50% is actually .75%-1.5% of my total account. This makes it easier to just let the trade ride and to follow my plan regardless if I am correct or wrong about my trade, it’s is a calculated loss with a small amount of capital allowing me to have a higher chance of having a smaller drawdown on my overall capital if the market gets bearish on me while I’m in a few longs. So, getting to the other half of my allocation. Generally a consolidation like this will have a very bullish breakout that will pop a hot few candles out of the pattern and generally head to the .618-.5 fib measured from the top to the bottom of the full falling wedge pattern. At this point I take a small amount of profit. About 50% of my current position. This will leave me with .375%- .75% of my capital still in the trade and a small amount of profit that I made from the initial breakout on the side. Now here comes the most important attribute you need to be a good trader, PATIENCE !!! After my small win, I am looking to enter back into this trade at the official retest of the breakout of the pattern. This generally comes shortly after the first target is hit. Again, patience is imperative to your success as a trader. Wait it out until you have a clear candle back at the entry point before you add your second half of your position. PATIENCE IS KEY BUT, ALARMS HELP! Have I mentioned that patience is an important attribute you must have to be a successful trader? Not enough? Ok, we’ll it is! I do know that all of our time is very precious and dear so, I have a small remedy to help with allocations your time so you’re not just starting at your charts… USE ALARMS!! TradingView had everything that you need to be successful, it is your responsibility to learn it so you can earn it! I generally first set an alarm at the entry point of my trade set up that I have identified as well as where I’d expect the stop loss to be. #1, so I can be reminded that the trade has either entered my first entry zone, or to let me know that the trade I have identified may not be what I thought it was and to re assess the situation or find a new trade. Again, patience! So, after my entry alarm goes off and I start my initial position, I then set my stop loss and assure my alarm is set a few pips above my stop loss so I can be alerted before it hits as well as well as an alarm at my first target and one more at my entry point. This way I can be alerted that my first take profit was hit and if the price action comes back down to retest I have an alarm there as well to place my second position along with my profit from the first target TP allocated to the whole trade. At this time I double check that my stop loss is a market stop for my total position and that I have an alarm set up for it that sends a text to my phone just in case! After this I gage my take profit targets and place alarms on all of them as well. SETTING YOUR TAKE PROFIT TARGETS This is what we are here for, the profit right? So it’s important that you have take profit targets (TP TARGETS) on your chart as you need to plan the points you’d like to exit your trade. The first target I find is the total and final take profit of the pattern, which can be determined by measuring the distance between point A and point B which can be found at the beginning of the mouth of the falling wedge as shown in the diagram above on the top of the chart. Once you have the distance measured between points A and B you can then ad this measurement on top of the first area of the breakout candle on the bottom of the falling wedge pattern as soon as the price action shows you where it is breaking out. KEY NOTE is to always make sure you’re being conservative and by this I mean, when placing the distance from A to B on C to D, it is important that you don’t try and get it perfectly to the full measure meant on C To D. What I do is shave off a few % from the total measurement so I can allow for margin of error with my target. Minimum of 3%. Now that I have my final target set up at .99704¢ I then take a Fibonacci tool and run it from the top of the pattern to the bottom of the pattern and place TP targets at both the .5 Fib and the .618 Fib lines. I find that this is the easiest way to get quick targets on a falling wedge pattern that the price action generally will react to while heading to the final target. The .5 Fib is at .34509¢ TP target #2 and the .618 Fib TP target #1 is at .23311¢. Congrats, you’re almost done with your trading plan! Now to the best part! GETTING PAID!! Everyone’s favorite part about trading! Ok, now that you have entered the quality trade, have your risk management set up and are ready to get into some profits here we can set a plan for taking some of those beautiful profits. Now being that we have 3 target areas here I generally have 3 separate take profit %’s that I set up along the way by lieu of limit sell orders for the first two TP targets. My take profit target allocation strategy is generally the 33.3% take profit strategy at every target. So for the first two targets, I will set limit sell orders for 33.3% and a 33.4% of my allocation adding up to 66.7% after the first two targets are hit. This way I am already in profit just in case something goes wrong along the way. KEY NOTE it is always smart to take profit, as if you don’t you’re just an investor without a plan and you’re never profitable until you take profit, so congrats, at this point you’re a profitable trader! Yaaayy!! Ok, so for the final take profit I set a market order as a lot of times when the final take profit comes about the price action can quickly get up to this area and we don’t want to be stuck looking for someone to take the coins off of our hands, we want to get them sold and go celebrate our win by looking for our next trade so we can compound these gains amirite?? So awesome, we have a W on the board so we’re done right? No, there’s another tip you should know in trading to assure profits and apply better risk management strategies. What is this you ask? KEEPING AS MUCH PROFIT AS YOU CAN How do we do this? Simple, after your first two take profits hit, which you will be reminded on your cell phone via text message because you, ya sly devil, you set up alarms on your TP targets and now are going to head over to your exchange and move your stop loss up aren’t ya? Of course you are! Where are you moving it to? Why not make that right at your entry point so not only are we assuring we don’t lose any money on this trade at all, but, we are in fact in profit from 3 separate TP targets that we cashed in on!! NOOOOYCE!! So now that we are deciding on what color Lambo we want, we can assure we still have some bank roll by tossing that stop loss up from .06295¢ to the entry of the trade between .08718¢ and .09880¢ Ok, you have it all set up, I wish you the best and make sure you’re doing your own research as I am not a financial advisor nor is this financial advice. Before we end, here is some key note reviews and the signal targets for the original trade below. KEY NOTE AND TAKEAWAYS #1: Patience is key to any successful trader success. #2: Allocation should always be a fraction of your total account #3: Be sure to identify the structure based on the rules above. #4: Wait for a CLEAR breakout by looking for a daily candle close above the resistance trend line on the top of the falling wedge #5:The retest happens after the breakout #6: Not the 6th most important but, ALWAYS USE A STOP LOSS!! #7: ALARMS make life easy! #8: You have to take profit to be profitable! SO TAKE SOME OFTEN! Entry: .08718¢ and .09880¢ Stop loss: .06295¢ TP1: .23311¢ TP2: .34509¢ Final TP3: .99704¢ P.S. it’s always important to know the fundamentals on a coin, so with that said, below are some stats, coin info and a link to the coins website so you can further research it during your DD. FUNDAMENTALS Dreams Quest Coin Price & Market Data Dreams Quest price today is $0.090157396598 with a 24-hour trading volume of $8,589,048. DREAMS price is up 31.4% in the last 24 hours. It has a circulating supply of 0 DREAMS coins and a total supply of 186 Million. If you are looking to buy or sell Dreams Quest, KuCoin is currently the most active exchange. Dreams Quest is building the first-ever metaverse-based economy, a self-sustaining Dreams Verse where people will be able to participate in the decentralized play-to-earn RPG game using dynamic NFTs. Unknown factors will affect character attributes in-game, and post-game outcomes will dynamically change the NFT card attributes and write them on the blockchain (the ethereal scribes) to show game history for each card. Website: dreams.quest
Long
by Savvythe1
5
DREAMS QUEST Wedge Breakout 1043% potential (Mobile Version)Hello traders, DISSECTING A FALLING WEDGE TRADE THE STRUCTURE Todays technical analysis is on DREAMS QUEST. This coin seems to be consolidating in a falling wedge pattern which I have seen many times play out very well for the Kucoin bangers that get listed. What you want to look for on a falling wedge pattern is 3 touches on both the bottom support trend and 3 touches on the top resistance trend. This will be the formation of the bullish consolidation falling wedge pattern as saw in the chart. The key indicators of a bullish falling wedge parttern are a wide mouth at the beginning of the pattern and bullish price heading up to the top of the pattern. Then an ABC corrective wave during a bearish down trend that consolidates tightly at the end of the pattern. A lot of times you will be able to use a fib tool from the bottom of the recent to the top of the beginning of the wedge and see that the bottom of the wedge generally bounces off of the 50% Fibonacci level indicating the price action may have exhausted the bearish market participants. THE STOP LOSS There is nothing more important in trading than risk management and protecting your capital. No matter how good of a pattern you see or how promising a trade set up is, the market could always have some bearish news that completely destroys your position. Thus, if you’re going to trade, USE A STOP LOSS!! Ok, for this particular pattern, placing your stop loss is pretty simple, I have a general rule of thumb to place my stop loss 3% below the last swing low of the falling wedge prior to the breakout. Which this will be placed after your entry which we will go over next but, I have listed it in this tutorial first as it is more important than your entry! Your initial stop loss is at .06295¢ THE ENTRY Your entry will be upon the breakout of the top of the wedge located in area #1 or upon retest of the breakout areas in box #2 shown on the chart. Upon breakout of the top of the falling wedge pattern, in the box labeled #1 this being your initial breakout area, you’re going to want to see a CLEAR bullish candle on the daily come above the trend line and be in the #1 buy box before entry to confirm that breakout. The entry for this trade is between .08718¢ and .09880¢ KEY NOTE and always a rule of thumb here is patience, your entry will come. Make sure you have a clear closed candle outside of the pattern before you think about opening a trade as there are very often false breakouts and it’s better to have a slightly less favorable entry than to have an entry that will end up getting you stopped out before the trade even starts. Last but not least, another KEY NOTE to look for when placing your entry is to make sure you watch for a spike or increase in volume upon breakout. This is a solid indication that the selling pressure has been exhausted and the market participants are turning bullish, adding more quality to your trade. ALWAYS LOOK FOR THIS INDICATOR FOR OPTIMAL TRADE RESULTS. THE ALLOCATION I generally enter with 25%-50% of my allocation I have set aside for this trade at this point. When you’re actively trading it is important to keep your allocation low as when you have a large amount of your capital in a specific trade the hardest parts about trading start affecting you and coming into play. That is the psychology of the trade. The more money you have in any given trade will draw bigger fear and bigger ego if you have a loss or a win. Both are equally bad in trading and will cause you to lose money. So when I say I allocate 25%-50% of the funds I have for this specific trade you have to keep in mind that you should not be using more than 3% of your total account in any particular trade this, my 25%-50% is actually .75%-1.5% of my total account. This makes it easier to just let the trade ride and to follow my plan regardless if I am correct or wrong about my trade, it’s is a calculated loss with a small amount of capital allowing me to have a higher chance of having a smaller drawdown on my overall capital if the market gets bearish on me while I’m in a few longs. So, getting to the other half of my allocation. Generally a consolidation like this will have a very bullish breakout that will pop a hot few candles out of the pattern and generally head to the .618-.5 fib measured from the top to the bottom of the full falling wedge pattern. At this point I take a small amount of profit. About 50% of my current position. This will leave me with .375%- .75% of my capital still in the trade and a small amount of profit that I made from the initial breakout on the side. Now here comes the most important attribute you need to be a good trader, PATIENCE !!! After my small win, I am looking to enter back into this trade at the official retest of the breakout of the pattern. This generally comes shortly after the first target is hit. Again, patience is imperative to your success as a trader. Wait it out until you have a clear candle back at the entry point before you add your second half of your position. PATIENCE IS KEY BUT, ALARMS HELP! Have I mentioned that patience is an important attribute you must have to be a successful trader? Not enough? Ok, we’ll it is! I do know that all of our time is very precious and dear so, I have a small remedy to help with allocations your time so you’re not just starting at your charts… USE ALARMS!! TradingView had everything that you need to be successful, it is your responsibility to learn it so you can earn it! I generally first set an alarm at the entry point of my trade set up that I have identified as well as where I’d expect the stop loss to be. #1, so I can be reminded that the trade has either entered my first entry zone, or to let me know that the trade I have identified may not be what I thought it was and to re assess the situation or find a new trade. Again, patience! So, after my entry alarm goes off and I start my initial position, I then set my stop loss and assure my alarm is set a few pips above my stop loss so I can be alerted before it hits as well as well as an alarm at my first target and one more at my entry point. This way I can be alerted that my first take profit was hit and if the price action comes back down to retest I have an alarm there as well to place my second position along with my profit from the first target TP allocated to the whole trade. At this time I double check that my stop loss is a market stop for my total position and that I have an alarm set up for it that sends a text to my phone just in case! After this I gage my take profit targets and place alarms on all of them as well. SETTING YOUR TAKE PROFIT TARGETS This is what we are here for, the profit right? So it’s important that you have take profit targets (TP TARGETS) on your chart as you need to plan the points you’d like to exit your trade. The first target I find is the total and final take profit of the pattern, which can be determined by measuring the distance between point A and point B which can be found at the beginning of the mouth of the falling wedge as shown in the diagram above on the top of the chart. Once you have the distance measured between points A and B you can then ad this measurement on top of the first area of the breakout candle on the bottom of the falling wedge pattern as soon as the price action shows you where it is breaking out. KEY NOTE is to always make sure you’re being conservative and by this I mean, when placing the distance from A to B on C to D, it is important that you don’t try and get it perfectly to the full measure meant on C To D. What I do is shave off a few % from the total measurement so I can allow for margin of error with my target. Minimum of 3%. Now that I have my final target set up at .99704¢ I then take a Fibonacci tool and run it from the top of the pattern to the bottom of the pattern and place TP targets at both the .5 Fib and the .618 Fib lines. I find that this is the easiest way to get quick targets on a falling wedge pattern that the price action generally will react to while heading to the final target. The .5 Fib is at .34509¢ TP target #2 and the .618 Fib TP target #1 is at .23311¢. Congrats, you’re almost done with your trading plan! Now to the best part! GETTING PAID!! Everyone’s favorite part about trading! Ok, now that you have entered the quality trade, have your risk management set up and are ready to get into some profits here we can set a plan for taking some of those beautiful profits. Now being that we have 3 target areas here I generally have 3 separate take profit %’s that I set up along the way by lieu of limit sell orders for the first two TP targets. My take profit target allocation strategy is generally the 33.3% take profit strategy at every target. So for the first two targets, I will set limit sell orders for 33.3% and a 33.4% of my allocation adding up to 66.7% after the first two targets are hit. This way I am already in profit just in case something goes wrong along the way. KEY NOTE it is always smart to take profit, as if you don’t you’re just an investor without a plan and you’re never profitable until you take profit, so congrats, at this point you’re a profitable trader! Yaaayy!! Ok, so for the final take profit I set a market order as a lot of times when the final take profit comes about the price action can quickly get up to this area and we don’t want to be stuck looking for someone to take the coins off of our hands, we want to get them sold and go celebrate our win by looking for our next trade so we can compound these gains amirite?? So awesome, we have a W on the board so we’re done right? No, there’s another tip you should know in trading to assure profits and apply better risk management strategies. What is this you ask? KEEPING AS MUCH PROFIT AS YOU CAN How do we do this? Simple, after your first two take profits hit, which you will be reminded on your cell phone via text messge because you, ya sly devil, you set up alarms on your TP targets and now are going to head over to your exchange and move your stop loss up aren’t ya? Of course you are! Where are you moving it to? Why not make that right at your entry point so not only are we assuring we don’t lose any money on this trade at all, but, we are in fact in profit from 3 separate TP targets that we cashed in on!! NOOOOYCE!! So now that we are deciding on what color Lambo we want, we can assure we still have some bank roll by tossing that stop loss up from .06295¢ to the entry of the trade at .10416¢ Ok, you have it all set up, I wish you the best and make sure you’re doing your own research as I am not a financial advisor nor is this financial advice. Before we end, here is some key note reviews and the signal targets for the original trade below. KEY NOTE AND TAKEAWAYS #1: Patience is key to any successful trader success. #2: Allocation should always be a fraction of your total account #3: Be sure to identify the structure based on the rules above. #4: Wait for a CLEAR breakout by looking for a daily candle close above the resistance trend line on the top of the falling wedge #5:The retest happens after the breakout #6: Not the 6th most important but, ALWAYS USE A STOP LOSS!! #7: ALARMS make life easy! #8: You have to take profit to be profitable! SO TAKE SOME OFTEN! Entry: Between .08718¢ and .09880¢ Stop loss: .06295¢ TP1: .23311¢ TP2: .34509¢ Final TP3: .99704¢ P.S. it’s always important to know the fundamentals on a coin, so with that said, below are some stats, coin info and a link to the coins website so you can further research it during your DD. FUNDAMENTALS Dreams Quest Coin Price & Market Data Dreams Quest price today is $0.090157396598 with a 24-hour trading volume of $8,589,048. DREAMS price is up 31.4% in the last 24 hours. It has a circulating supply of 0 DREAMS coins and a total supply of 186 Million. If you are looking to buy or sell Dreams Quest, KuCoin is currently the most active exchange. Dreams Quest is building the first-ever metaverse-based economy, a self-sustaining DreamsVerse where people will be able to participate in the decentralised play-to-earn RPG game using dynamic NFTs. Unknown factors will affect character attributes in-game, and post-game outcomes will dynamically change the NFT card attributes and write them on the blockchain (the ethereal scribes) to show game history for each card. Website: dreams.quest
Long
by Savvythe1
S&P 500 Index - What now?After this troubled weeks the SPX hold its fall around the following supports: Moving Average Exponential (200 periods) and the 23.60% Fibonacci retracement. The long term tendency is still a bullish one, since the MME200 is ascendent, and the price is still holding on it. The future is foggy to say the least, I will not speculate about what was responsible for this drop in the SPX, but one thing is for sure, the economic signals are very deteriorated and the stock market is overvalued. A big Crash is coming, but when? We cannot be certain. The RSI and MACD gives us no clear indication here. The price has hold in 2 very strong support levels, MME200 and 23.60% Fibo retracement. The next levels o support in case the SPX drops are: - 2745 pts (38.2% Fibo retracement) - 2665 pts (50% Fibo retracement) - 2585 pts (61.8% Fibo retracement) In case the price goes up, we have the following resistances: - 3020 pts (the last top) - Around 3150 pts (Upper band of the envelope) What to do? For now, if you have a healthy allocation strategy playing out, with enough hedge to counter a coming Crash, technically speaking it is a good time to buy more ETFs that follows the SPX. In the other hand, I do not recommend any speculative trade for the index. Leave your thoughts bellow. Do you agree with this analysis? What are your views for the S&P 500?
SP:SPX
by FernandoHilario
WhoTrades Marketplace: Intriguing Portfolios To Watch AheadIn our last article, we looked at some of the best performing portfolios on the WhoTrades Marketplace. This time, we are looking at portfolios that were flat to down this past year and making an assessment of their future prospects going into 2018. Winning in the markets is difficult to do and just about everyone is going to lose money at some point. Even though US equities are up approximately 20% in 2017, those who have had more exposure in unpopular sectors (e.g., telecom, energy, retail), over-concentrated in certain securities, or followed a “value” strategy more broadly likely haven’t done as well. But there are still things that can be learned from portfolios that have underperformed, just as those that have performed better than or in line with the market. So let’s go through a few: Full article can be found on WhoTrades .
SP:SPX
by zbuckley
IS THIS THE DIP I'M LOOKING FOR? (401K* ALLOCATION)As anyone with a 401(k) knows, you've got two things you can do with it in terms of investing: you can "allocate" and your can "contribute." When you "contribute," you're basically having a portion of your paycheck taken out and stuck in a fund (usually broad market based) every other week and there is basically no rhyme or reason as to your entry. You "buy" a position in the fund you designate without regard to how high or low it is on the day your contribution is credited to the account. Unfortunately, you can do virtually nothing with the timing of your "contribution." However, you are able to "time" your "allocations" should you choose to do so. Not everyone bothers; they just "contribute" a set amount that is distributed among the funds they select in designated percentages every paycheck. They may tweak it from time to time to get it to that 60/40 or 70/30 equity-to-bond ratio that all the financial "experts" we pay the big bucks to have been advising us to do since time immemorial. For some investors who just don't want to watch the market, don't know enough about it, or aren't comfortable with monkeying around with their allocations on a more than quarterly basis, this is probably fine My two cents, however, is that investors who are making these kinds of "blind" allocations into broad equity market instruments without regard, really, to where the market is at are probably pissing away opportunities to allocate at lower prices and are potentially taking relatively "pricey" positions in a fairly sideways market that has basically gone nowhere since late 2014. Put another way, these "blind contribution" investors have been repeatedly taking positions in the market "at the top of the key" relative to the market's trajectory since 2009, which, last time I checked, is generally not the best place to buy. With these things in mind, here are some basic rules I'm following with respect to my 401(k) allocations and contributions in an attempt to be smarter about where funds go and when: 1. Adjust your contributions so that they are 100% to what most closely approximates a cash position in your 401(k). In my case, this is to a "fixed income" fund; it doesn't make a whole lot of money, but it largely doesn't lose money either. 2. Make allocations to broad equity market funds on dips, rather than "blindly" allocating every paycheck. 3. Keep allocations small. This might be a dip, but some dips get "dippier." My general rule of thumb is to make an allocation of 5% of what is in my "cash" position at a time. 4. Develop a simple "signal" for when you might want to move funds from your "cash" fund to a broad market fund or chart out the levels at which you'd want to make a move. Because I look at my 401(k) as a "large time frame" account, I look for dips using the weekly chart and am largely a very patient guy as to when I want to move funds. Here, my eyes are currently on the .236 from the 10/2014 low to the 2016 high or 190 (which is fairly coincident with the Weekly 200 EMA).** So, this isn't the dip I'm looking for to move funds from my 401(k) "cash" funds into broad market funds ... . Yet. * -- I use the same basic rules with my IRA, although I'm offered more flexibility there in terms of fund availability and the nature of the "cash option" which, is, for all practical purposes, "cash." ** -- Noted on the chart are all allocations to a broad market fund since 2011. Up until August 2014, they were all made on touches/breaks of the Weekly 50 EMA. After the August 2015 meltdown, I'm looking at this as long-term rangebound/sideways between 182 and 220 and am more keen on adding at the low end of this range as opposed to using the 50 EMA, which SPY has already broken).
AMEX:SPYLong
by NaughtyPines
8