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How I trade? My Trading Portfolio!I made a poll asking traders this simple question: "Let’s imagine - you have 10 000USD capital for trading or investing. How will you manage this sum?" with the options like: - I will trade in Forex - I will trade/invest in Stocks - I will trade/invest in Crypto - I will split my capital among different markets! I’m very glad that 33% of traders picked the 4th option. They understand that trading in different markets provides more opportunities and lower risks. Of course, it is possible to trade only in Forex, Stock, or Crypto markets. But the diversification plays a very important role in trading. I would like to share with you my portfolio and shortly explain how I trade in different markets. I use auto trading (trading robots and copy trading) for Forex. This market is very good for auto trading because of good and cheap infrastructure. I started from Forex, but now I don't like it too much. It is not so good and simple for manual trading. It takes a lot of time and effort to search trading opportunities and monitor markets which are available 24/5. Robots and copy trading allow me to get trades in auto mode, and I don't need to spend time for active trading. Some interesting trades for the long run, yes. But day trading in Forex - no, thank you! I invest in Crypto. This market was too good for active trading in 2017. It became not so good for trading in 2018. In 2019 it provided amazing buy opportunities for long term trading. Crypo is also a rather manipulated market, and I would like to use high timeframes to avoid weird movements. Stocks trading is my love. I tried before trading stocks with CFD. But the real stock trading it is really another planet. I started trading in the real stock exchanges several months ago, and I think it is the best place for manual trading. There are thousands of markets where you can trade using different trading strategies, approaches, and styles. Maybe you think it takes too much time for trading in several markets. If you plan your work properly, if you combine different tools and trading styles - it is possible to trade in different markets even if you are busy. I have a lot of work, but in spite of this fact, I could create a portfolio based on different markets and involve all tools which help me to manage this portfolio in a simple way. Such an approach allows me to make my trading stable, and I don't risk too much. If the crypto market becomes boring, I don't care. I have trading opportunities in Forex and Stocks. If in Forex I face with drawdowns, I also don't care. I have crypto with good trades for the long run and Stocks where I use medium and long term trading. I have the variant of the portfolio, which provides me everything I need for successful and stable trading in the long run. And what about you? Please share your variant of portfolios in comments below this post.
BITFINEX:BTCUSDEducation
by DLavrov
20
GoldMore talk on price dynamics with gold. I think it is a decent, worthwhile video, but I ran out of time and the "probability discussion " is incomplete because the probability that this market will go higher and above that range box because of those two larger range green bars. I will elaborate on this in other videos. The point will become clear...which is that you can reliably judge probability in real time...with "enough" accuracy and not have to be a rocket scientist. Do the best you can with this...more to come later.
FX:XAUUSDEducation
by ScottBogatin
DXY Oil11.27.19 Yesterday I uploaded a video suggesting that the dollar was going higher. Today is the follow-up in a quick review of that market. Next I discussed oil and talked about ways of taking profit and scaling entries and exits to make more money with less risk. And then I took an example using the oil chart of how markets are really much more likely to benefit buyers and sellers and not just one side of the market. But depending on how involved you want to be as a traitor, you may or may not want to see the algorithms for both buyers and for sellers as markets can benefit both sides, and it all depends on the trade location and an understanding of the set up and what you can expect for a reasonable target. I did not talk about one other aspect of this on the video, but in transitional periods in the market when markets are about to make significant changes, markets can actually burn buyers and sellers. This is why the market can be so difficult and why most traders fail a trading. I found in my own study of the market over the years is that I had to dig deep into the assumptions and the way that I processed information so that I could change my paradigm... and accept those changes... in order to benefit from the market. I had to change many things over the years.
FX:USOILEducation
by ScottBogatin
The Difference between Failure and SuccessHave you ever asked yourself: "Why some traders fail while others make money? " In this post, I would like to share with you my ideas, which will explain the difference between successful traders and those who lose money all the time and provide the answer to this question.  
 There is a well-known fact that in the financial markets, about 90% of traders fail, and 10% of traders at breakeven and profitable.  
 I have been trading for 12 years, and in the beginning, I made tons of mistakes. I was in a group of 90% "successful" traders. I tried to understand where I was wrong and what should I do to get out of such a situation. I have spent years searching for my own path in the financial markets. And one day I realized - there are no secrets in trading. There are no unique and super-profitable trading strategies or tools which will make money for you all the time. The attempt to find something like "Money Button"- it is the path that leads to nothing. You spend your time trying to find something super-profitable, something which will give you only profitable trades, something which will make you rich very quickly. But there are no such tools or trading strategies.  I understood that for becoming a successful trader, I had to change my approach and focus on really important things. What are they?  
 You should understand as quickly as possible what your goals in trading are? If you like trading as a game, ok - no problem. Play with money but forget about a stable and profitable income. If you really want to become a successful trader and get financial freedom, you must manage trading as a business. You must work and work hard sometimes in order to reach your goals.  You must combine the most important elements of profitable trading, such as: - Knowledge probably is one of the most important elements of any profitable trading. Without knowledge, it is impossible to become successful in any field. The same goes about trading. It does not mean that you have to learn the whole theory about Technical Analysis, Fundamental Analysis. It is possible to pick an interesting direction and develop yourself in this direction. Do you like technical tools like line, levels? No problem - learn as much as possible about trading based on these tools. Do you like indicators? No problem. Do the same. Add the knowledge about your favorite trading tools to knowledge about money management and trading psychology, and you will get a powerful combination. Doing it, you will make a huge step forward to your goals - profitable trading and financial freedom.  - Experience is another important part of profitable trading. You must collect your trading experience step by step because it will help you to avoid mistakes and improve your trading. To become more and more experienced trader, you will know better what you can do and what you must not do. Experience, in combination with knowledge, makes a solid base for your successful trading.  - And one more important element which you must have if you want to become a successful trader - it is discipline . You can have the perfect knowledge and amazing experience in trading. You can use the perfect trading strategies. But if you don't have the discipline to follow your trading plan, you will fail. It is just the question of time.  If you get these three key elements, you will make the huge step forward and move to profitable trading as close as possible. The problem is - not many novice traders want to put efforts into getting knowledge and experience. They prefer to follow their dreams about "Money Button" and search for ways which will make them rich very quickly without efforts. There are no such tools or ways.  
 If you want to become successful, you must work hard to make your dreams come true. The difference between 10% of successful traders and 90% failers is in the efforts they put in reaching their goals. 
 You want to know "Why some traders fail while others make money? " and the answer is very simple. Successful traders worked hard to become successful traders. Failers want to become rich do nothing for this.  
 Think about yourself and your trading. Do you want to become one of the successful traders and get financial freedom? If yes, what do you do to reach your goals? P.S. I know that Tutorials does not have the value on TradingView. But I think we must change this situation. I will be grateful if you support my post by your LIKEs and comments! I don't buy views and likes and that's why your feedback is very important for me! Thank you.
BITSTAMP:BTCUSDEducation
by DLavrov
110