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What are Your Biggest Struggles in Trading?Hey everyone! I've been trading for a year now, and while I've had some successes, I've also faced some challenges along the way. I know I'm not alone in this, and I want to hear from you all too! I believe that we can all learn from each other and grow as traders, which is why I'm reaching out to the TradingView community. If you're comfortable, I'd love to hear about your own trading struggles. Whether you're just starting out or a seasoned pro, I think we can all benefit from sharing our experiences. Moreover, we all know how lonely this journey can get, so sharing and learning from other's struggles could improve our mindset and the way we tackle the losses, as well as the success. Personally, I struggle the most with keeping a trading journal organised and use it as a feedback loop, improving my trading strategy. I have tried for a while to keep track of my trades in apple notes, but it gets frustrating when you try to actually learn and discover patterns in your errors. On the other hand, another struggle comes when my emotions take over my strategy, and I have been searching desperately for tools and ways of fighting this urge. Leave a comment of your biggest or most uncommon struggle and let's improve our trading skills by sharing!
OANDA:XAUUSD
by m_maia14
GOLD - Potential Buy Setup - Analysis #2/50Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart GOLD is retesting a support zone and round number 1800. So we will be looking for buy setups on lower timeframes. on H1: Right Chart For the bulls to take over, we need a momentum candle close above the last major high in red. Meanwhile, until the buy is activated, GOLD can still trade lower till the 1800 support or even break it downward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSD
by TheSignalyst
3
YFDAI - Wait For The Bulls! Analysis #1/50Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on H4: Left Chart YFDAI is approaching a strong demand zone and round number 200. So we will be looking for buy setups on lower timeframes. on M30: Right Chart YFDAI is bearish from a short-term perspective trading inside the falling red channel. 🏹 Trigger => for the bulls to take over, we need a break above the upper red trendline and red zone. Meanwhile, until the buy is activated, YFDAI can still trade lower till the 200 demand zone or even break it downward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Y
by TheSignalyst
5
BTC - Reviewing My Previous 5 Ideas As A Practical Example! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I thought it would be a great idea to put my last 5 picture ideas together as a practical example. As this amazing platform @TradingView is all about learning and sharing. So let me know if you like the idea to apply it on other instruments. ---------------------------------------- 1) BTC - Are You Ready? You Better Be! Analysis: we were waiting for break above or below the range. Result: The bulls took over by breaking the range upward. So we are now bullish. 2) BTC - Make or... Break! and 3) BTC - Prepare for Takeoff OR Brace for Impact! Analysis: after the bulls took over, we then entered in a correction phase (short-term bearish) and were waiting for the next impulse movement to start. Result: The bulls took over by breaking above the flag (short-term) and last orange high (medium-term) 4) BTC - 28K See You Soon! ETH Analysis inside Analysis: After breaking the last orange high, we expected a correction till the lower bound of the red channel to look for trend-following buy setups. Result: BTC rejected our red trendline and gray zone and we are currently looking for the next impulse to start. 5) BTC - Dear August, Be Good! ETH Analysis inside Analysis: this analysis was made yesterday, so not much to add here. We are still waiting for the bulls to take over by breaking above the last high highlighted in orange. Meanwhile, the bears can still kick in and break the channel downward, in this case we will be expecting a short-term bearish movement because the last major low (as highlighted on the chart) wouldn't be broken yet. ---------------------------------------- These are my last 5 picture ideas. If they are not enough, I am also posting daily video updates as a series "Bitcoin in 1 Minute" so feel free to check it out. And I will be here if you have any questions. And always remember: All Strategies Are Good; If Managed Properly! Good luck! ~Rich ~Richard Nasr ~theSignalyst
BITSTAMP:BTCUSD
by TheSignalyst
31