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Cryptotrading

The continuous feedback loop of a successful traderDo you know what’s more important than winning in trading? It is knowing exactly why you actually won . Why? So that you can do it constantly. Needless to say, it is equally important to know why you lost when you lost. The successful trader is constantly winning money, no matter the conditions. The economy may be in recession … or not … Algorithmic trading may be accounted for most of the trading volume . The volatility may be over the edge or down to ridiculous levels due to the summer holidays. So what … these are all part of the job . You need to make money because this is your job and if you complain and blame external factors for your poor results then think about choosing another profession. Many would ask how is that possible … to constantly make money in ever-changing markets? Among the other 999 little things, your overall strategy is built upon there is one directly linked to your consistency. That is the continuous feedback and adjustment loop of your trading approach . This is where your post-trade analysis takes place and where you should find out WHY you won or lost. For a discretionary trader, this feedback loop is not an easy thing to put in place, but it’s crucially important to have it. Because, the more useful you want the feedback, the more accurate the analysis should be. The difficulty of building the whole feedback mechanism is finding a fine balance between the depth of the trading details you take into consideration and the time and effort needed for analyzing them. From personal experience, I can tell you that you may fail to have a useful mechanism if you are too superficial. You might as well get lost in “analysis paralysis” as well as if you go too deep. That level of needed compromise is somehow personal. You know you’ve reached it when it can answer the following questions: 1. Is your selection technique giving you enough opportunities per your time frame? 2. Are your entries able to give you the price moves you want? 3. Are your exit techniques able to cut your losers short and let the winners run? If the answer is “No” to any of these questions then you need to ask the next question “Why?” and dissect the effectiveness of that particular technique. Be ready to do the required adjustments if necessary. There is a point in a trader’s career when being able to answer these questions alone will be more useful than an advice from the mentor. From that point on you can be on your own. Best regards! Mihai Iacob
BITSTAMP:BTCUSDEducation
by Mihai_Iacob
27
QNT//USDT Simple rules of risk management and trading strategiesCoin in the Coinmarket: Quant This coin is for work as an example no more, now there are many similar ones with similar trading situations. On the chart showed the trend, the figures that are formed, the support / resistance levels. The figures show the potential entry points in case of a breakthrough or holding the support/resistance zones depending on your trading strategy. I cannot know how you trade or what strategy you use. You have to adapt my information to your trading strategy and first of all to your risk management. Some simple tips for your work: 1) I advise you not to be like everyone else and not to expect super target. The target must be adequate. The smaller you set target, the more you will earn at a distance. When the price of a coin is rising through most of the volume, it is advisable to work locally up to +80%, so you will always have money to re-buy from the profits. 2) Complex % (using volatility) does its job. It can be used (the principle) not only on one coin (accumulation), but also on several coins without paying attention to the name of the coin (to accumulate profits from coin to coin). They should not be very many. 3) Remember—the level is not a line, but a zone. It is rational to work with a grid of orders. 4) If possible, protect your profits with a trivial stop loss. But do not place it too close to the main intraday volatility zone. 5) Do not work with a large number of coins, there is no need, they are all the same. Their rise in price depends primarily on the general situation on the market and in the world. 6) Take into account the phases of the market, including local character. Creators of individual crypto-funds will not raise the price against the general trend if people are afraid to buy at that time. Playing against the trend is more the exception to the rule. There is a time to buy, a time to sell, and a time to watch. The third phase should take you the longest. Most people are only in phase one, regardless of the overall trend. Don't be like that… 7) Trade with your thought-out algorithms (trading strategy + risk management + experience), not with emotions. Those who lose money in the market—trade with emotions and ill-considered fantasies – desires. The basis of your profit is your trading strategy and compliance with risk management based on your experience Recommendations for trading strategies: 1) If you work in shorts, be sure to put stops and use adequate minimum leverage. Margin trading is a nightmare for an inexperienced and very greedy market participant. 2) When working in the spot on medium liquid coins, it is more rational to wait for a breakthrough in the downtrend and on the pullback after the momentum with a significant (important) buyer volume to enter the market. It's better to buy a bit more expensive, but with more confidence that the trend has changed. But, it is not a panacea, can after a breakthrough and holding the price a certain time—the continuation of the downtrend. Options for solving the problem: a) stop loss. b) Money cushion. c) The first and second options in place. 3) If you really want to buy some crypto-coin before the break of a trend (you are afraid of not having enough time or you "know the exact future”), then don't buy with all the amount allocated to this coin. The first purchase (especially before a trend break) should not have a big % of the main planned volume. a) If the price goes against your initial purchase and decreases—work martingale from the specified levels (in addition to the position) to average the average purchase. b) If the price rises strongly by impulse, and you bought a small planned amount, then there are two options in this case: 1) Wait for a pullback and on the pullback to finish (but still not for the whole amount, you should have at least 20-30% cache at any pumping). 2) the second option, if the price has strongly increased and there is no substantial rollback—work with the volume, that is, and the rest of the money allocated to similar coins, which have not had time to grow in price.
Education
by SpartaBTC
17
What are the mistakes that traders make?What are the mistakes that traders make? 1. Keeping capital in a place other than a wallet is prohibited! Never store your capital in a place other than your wallet. Sometimes some people keep their capital in an exchange wallet for a long or short period of time. This is very wrong. If your desired exchange where your capital is stored falls into the hands of hackers or profiteers, all your capital will definitely be lost. With this account, we conclude that only when you are going to buy and sell, enter your capital into the exchange and then withdraw your capital again if you want to stop doing this for a while. This is better for you because you can better manage your capital. 2. Greed is forbidden! There are many people who are greedy in global markets, especially digital currencies. People who are active in this area should not be too greedy because if this happens, it may destroy them. Our suggestion to you is that you should not buy with your emotions and let them make perfect purchases at the right time. 3. Excessive risk is prohibited! Risk in financial markets should be equal to greed. If you take too much risk in the digital currency market, you may face many failures. If this problem happens, your capital will definitely be lost. You may have heard that Bitcoin, for example, will have its best price in the next few days. Therefore, after hearing this news, greed comes to you, and this event makes you buy emotionally. 4. Repeating a mistake is prohibited! Before you enter the trading market, you should know that every trade is a lesson for you. In every transaction, you get many lessons that you should remember. No human being will make the same mistake again, and definitely, if this happens to you, you should know that one day you will lose your capital.
BITSTAMP:BTCUSDEducation
by MonoCoinSignal
28
Why do most ppl fail as retail tradrers?I see two main reasons which complement each other for the high rate of failure. First and foremost, the media and the industry promote this idea that it’s easy to become a profitable trader and anybody can go it. This is, of course, not true. Theoretically, anybody can do it if willing to put the effort and approach it as a business. Practically almost nobody approaches trading with the same rigorousness as any other professional endeavor. Let’s put aside the first reason, about which there is not much we can do. A big chunk of the industry relies on peoples being naive and we’re not going to change that. On top of the first reason, we have a second reason related to people themselves. Most of those who try trading financial markets simply don’t manage their emotions and risk well enough to survive the learning curve. Managing your own emotions turns out to be a complex endeavor and constantly changing market conditions lengthen the learning curve. One of the things that makes this business so attractive is also the main thing that makes it so difficult to master. The direct and sometimes violent feedback you receive from the market, after each trading decision, has an astonishing impact on a human’s ability to keep his psychological well being in check and control his own reactions. It has the potential to disrupt executive functions and trigger instinctual “fight or flight” responses. This leads to emotional trading or trading on tilt which quickly generates more losses than any other mistake you could make in this business. Most other jobs have a protective buffer zone between usual day to day work decisions and the ultimate feedback — end of the month paycheck. This profession doesn’t. Every little call you make has an immediate impact on your capital. Every little mistake can take a portion of your capital away and every good decision can bring it all back and more. This kind of psychological exposure is heavily distressful and being aware of its mechanisms makes a huge difference. So … psychology differentiates the pro. Don’t get me wrong … professional discretionary traders are not emotionless but are much more aware and in control of their reactions. The successful pro deeply understands that trading is mainly about people's perceptions and the rest are just details. You may ask yourself how can such a level be reached? A starting point is to stay away from any market, financial instrument, time frame, trading technique, or any combination of those that doesn’t fit who you are deep inside. The least the exposure to triggers that can awake the demons within, the best. Always seek strategies that you understand and match your inner self. For example … if you are impatient trade shorter time frames, if you are very risk-averse don’t use huge margin, if you are risk-averse but you don’t have enough capital use margin with a tight risk management (maybe options), if you have a statistical mind try quantitative approaches etc. There are infinite possibilities to adapt to yourself and is a must to do it if you want to have a chance. It always amuses me to see the vast majority of educational resources geared towards what market does when most of the success in this business is knowing how you adapt to the market, whatever it may do. And, of course, the market is, more or less, the other traders. Best of luck! Mihai Iacob
COINBASE:BTCUSDEducation
by Mihai_Iacob
19
Bitcoin - For Trading Not for InvestingWhen Bitcoin was trading at around 60,000 level in late 2021 and before that year, whenever friends, acquaintance and participants asked my opinion about investing into cryptocurrency, immediately I knew they may not know much about cryptocurrency. To clarify, I am not an expert in cryptocurrency, but I know its intrinsic value could not be calculated then and even today, therefore it is an instrument not for investing but for trading. Let me elaborate, as long as we cannot define its intrinsic value to any so-call an asset, it is not an asset, but an instrument for trading. When we get into trading, meaning, we have to acknowledge the getting in and out, out also represent to exit the market with either a profit or a loss, it is part of the deal in trading – we have to be quick when we make a wrong decision. However, if you position yourself as an investor in crypto, you will either always perceive it will break new high or hope that it will someday go back to its former glory. Throughout the whole tutorial, I will do a recap on how I have spotted this top here in November 2021. I have done this in another personal forum I have back then. I will go through that and it may seem like a hindsight view, but I will apply the same strategy to the current market using just trendline and divergence. Bitcoin Futures Minimum Tick: $5.00 = US$25 or $1.00 = US$5 Contract Value: 20,000 x US$5 = US$100,000 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME:BTC1!Education
by konhow
2
How to choose the best style of trading?First one style - Scalping Scalping between 1 second to 3-10 min is literally “scalping” every price movement. We opened a deal, get a profit and closed trade. Its a risky and nervous way of trading. Meanwhile, scalping remains potentially the most profitable type of trading. Hardcore scalpers love to fight the market, Their strategy consists in a large number of small trades. The main goal is to close with a positive result. Scalping is interesting for new traders because + quickly gain experience; intensively study the mechanics of the market and graphic patterns; train the psychology of a trader. you do not need a large initial deposit, for scalping multiple turnover of working capital gives the potential to increase the deposit; many trading signals during the day, even on the same trading pair - Sitting in front of monitors for hours, focusing on the course of trading in order to catch that very good moment to enter a deal is not an easy A lot of stress. If you trade with leverages to pump your deposit you can lose all deposit if you trade without stop loss Day trading or intraday 1 hour - 1 day Its simple - After trading day, all transactions should be closed. No matter what happen on a market, cuz crypto trade 24 hours you open position at 7 and closed all positions by end of your trading day. + • Less risk and emotional stress, trading several hours a day; • Greater leverage or margin; • You can not bother much with fundamental analysis; • Don't worry about bad news that comes out between trades. It is recommended for all beginners to start in day trading. You need to learn to control emotions, learn to see market movements, changes in the trend, the mood of the players, correctly place orders and limits. Swing trading (aka medium-term, from 1 week to a month). You can hold your position for a days,weeks, months; Ideally, while the trend continues. Anyone with ideas and investment capital can try swing trading. Because of the longer time frame (1 hour, 4 hours, 1 day), the swing trader doesn't need to be at their monitor all day. Holding an open position for days or weeks can result in higher returns than trading the same security multiple times a day. Less stress There is time for doing other things, keeping the nerves and energy in a healthy state. Swing trading can be done through a simple computer or smartphone. - But Because swing traders hold their positions longer than intraday traders, they also run the risk of higher losses. Especially the risk of losses increases by holding the position every other day. Swing traders rarely enter at the best prices. Checking the chart 1-2 times a day, they are content with what the market will offer at the time of opening a position. Increased waiting time for a signal to enter a position, you can wait for the setup day after day. Medium term trading. This method is for those traders who catch long swings. "Medium-term" holds positions for many weeks and months. Medium-term traders hold positions from several months to several years. + Less stress, Lots of free time. For example someone can trade during all week, but medium trader can buy Bitcoin now for example at 20k and sell it at 50K after few month. Its more about fundamental analysis; Holding a position for several months is not suitable for traders who are used to being active. Long term investment. This type of trading on the principle of "buy and hold" BENEFITS OF LONG-TERM INVESTING Less stress: no need to constantly monitor the market. Time Savings: Less hassle: You don't have to learn different trading strategies or platforms as you won't be an active intraday trader. Long-term trading, as the name suggests, requires you to have free capital. And it should be free for many years to come. You must be prepared that a certain part of your capital will be locked and you cannot use it to benefit from short-term speculation. Deep knowledge. Long term trading requires an advanced understanding of the assets you are investing in. You cannot simply make decisions based on certain news, tips, or rumors. It is also not enough to rely only on charts or indicator signals to buy or sell. You need to be a specialist in fundamental analysis. - Age limits. You must have a life horizon in order to reap the benefits of the investment. If you are 60 years old, then it is too late to start a career as an investor for obvious reasons. Guys thank you for reading. Write in a comments what style crypto trading do you use mostly? And why. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
How to understand the market movement?BINANCE:BTCUSDT When you just open charts for the first time, the market movement seems chaotic: incomprehensible bars, lines, and so on remind us of a medical cardiogram. Here we have only one very important question: "How to understand the market movement?". In fact, everything is simpler than it seems. Let's start with a classic trend move. There are two camps on the market - "Bulls" and "Bears". Bulls - buy (raise the price values ​​up), and bears - sell (lower the price values ​​down). Our task is to determine who is stronger in the market. This is the definition of the power of movement. Market movement consists of a trend movement and a sideways movement. If the price lows and highs are higher than the previous ones, this may indicate the strength of the Bulls (uptrend), if the lows and highs are lower than the previous ones, the strength is on the side of the Bears (downtrend). When there are no clear higher/lower lows and highs then it is a sideways move. Let's start from the most important. There are two phases in a trend movement: 1) Main movement 2) Correction. Let's take an upward movement as an example: From the very beginning, you should have an understanding that the trend is your friend. 70-80% of trades should be opened strictly in the main direction of movement, and only 20-30% - against it (trades that are opened in the direction of correction). In the downward movement, everything is exactly the opposite. In the case of lateral movement, the main factors for work are the boundaries of lateral movement. Also, when working with trend movement, do not forget to look at the background timeframes. What are timeframes in general and which ones are the main ones and which are the background ones? Timeframe (tf) is a certain period of time for which a candle is formed. The change of tf gives us the opportunity to look inside each candle. So one daily candle (1D) contains six four-hour candles (4H), and one four-hour candle (4H) contains sixteen fifteen-minute candles (15M) and so on. Each timeframe carries certain information for analysis. We can mark for ourselves the main timeframes: 1D 4H 1H 30m 15m 5m 1m All other timeframes will act as intermediate (background) ones for us. How to understand which timeframe is more important? 1D or all the same 1H? In fact, there is no one important TF. As we pointed out earlier, each carries important information. Whether it is 5m or 1h, they are equally important for analysis. There is only a sequence of analysis and trend definition. From older to younger. You must take into account all timeframes, carefully analyze each of them, not missing a single detail. Every factor you have should be "fractal" - displayed on lower TFs. Do not rack your brains and do not look for “golden” information on the Internet “how to determine the trend”, just determine the highs and lows on the chart and everything will fall into place. Also, the trend cannot be predicted. You can't think of yourself "Now the trend will begin" - No! It is determined "by the fact" of its formation. The optimal time for crypto trading is determined by the opening of stock trading sessions, as practice shows, this is a highly volatile time on the market. Within these trading sessions, there is a specific time that shows the main volatility at a distance. This time is the most successful for trading. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
HEX is the greatest CryptocurrencyHEX is an ERC20 token that was released December 2019 after over a year in development, with 2 Security Audits as well as 1 Economic Audit. Since the 2019 release the smart contract has worked flawlessly with zero downtime or hacks. It’s immutable code that has no admin keys and multiple front ends built by the community to access its signature feature “Staking”. The major difference between HEX and Bitcoin or Ethereum is the fact the coin inflates at a maximum of 3.69% per year, but instead of paying miners to sell the coin to pay for electricity costs, HEX pays those who Stake their coins. Everything is done from your self custodial Ethereum wallet and you pick how long to stake, from 1day up to 5555days. The longer you stake the more yield you generate, just make sure you’re truthful to the smart contract because if you end your commitment before 50% of time served you will lose some of your principal as well as interest earned. All of those who honor their commitment and end their stake on time benefit from those who ended theirs early or late. Most people have built what’s called a Staking Ladder staking different amount of HEX coins for various amounts of time (Like a traditional CD) so they always have a stake coming due. The yield isn’t paid in USD it’s paid in HEX so the price of the asset can go up substantially higher once your stake matures and then people just sell a portion of their yield and never kill their golden goose, restaking the rest! Just in its first 2 years HEX did a 10,000x at its ATH in September 2021! If you stake longer then the average stake length (currently at 6.49yrs) you will be earning over 39%APY (in HEX). This is how so many people have created life changing wealth for themselves using the staking feature no matter what price they originally bought at! Why would you buy and hodl a coin that doesn’t pay you to hold it? Why not just keep a small % liquid and stake the rest paying yourself every year for the next 15years? That way you’re earning high %APY on the longer stakes and your paying yourself yearly or whenever you want? If you keep some liquid you will always have the opportunity to capitalize on the volatile nature of cryptocurrency.
Education
by HEXICAN
1
Power of Having Multiple Confluences in TradingThe more confluences you have, the more confident you are in the fact that your technical setup will play out according to the plan. Confluences come in different shapes and styles, whether it is combining some Moving Averages and Bollinger Bands with price action, or having your grandma flip a coin a decide the faith of Bitcoin. On the graphical illustration that you can see on the screen, 3 confluences have been utilised to back up our idea and they are the following: 1) "Break + retest" formation 2) "Triple Top" pattern 3) Fibonacci retracement tool It can be noticed from the left hand side of the screen, that the price has nicely broken out of the ascending channel and re-tested the local key structure. Moving to the next step, it can be emphasised that a nice "Triple Top" pattern has been formed. Lastly, we add another confluence to back up a possible scenario that we have eyes on by using the 61.8% Fibonacci retracement level, which is referred to as the "Golden Zone". Taking a look at the chart, we can clearly observe that long candle wicks are nicely rejecting this very zone. All in all, combining multiple confluences give us enough confluence to back up our sentiment. However, nothing is 100% guaranteed in the markets, meaning that it is not promised that your trade will play out perfectly no matter how many confluences you have. Thus, be risk-tolerant, patient, and cold-blooded! Have a great upcoming weekend, everyone!
BITSTAMP:BTCUSDEducation
by Investroy
7
Entries do not matter (Course #3)Entries do not matter (Course #3) One thing that I have read many times but never believed is, entries do not matter. After trading a whole lot of different strategies in a repeatable fashion (algo trading), I found that indeed, entries don’t matter. Of course, if you get in at a bottom for a long or at the top for a short, it feels nice and the entry is absolutely great, because you get the maximum possible outcome in you think about the market played out. This being said, over time, what will make you successful is really a factor of when you exit AND your system overall (covered course #5). You should not look at the market and hope to get in here and exit there, because the market is not consistent. The market has no rules and no discipline. Instead, you should look at your system and hope to get out when it’s the right time. It is the same in life, look at what you can control - here this is your system, since you can't control the market. READ THIS AGAIN. In other words, let’s say I always enter at the wrong time, but the price always goes in my direction for at least 0.25% before going the other way. If I can exit on that 0.25%, I will make money! If my – consistent, disciplined - trading system can get out at 0.25% all the time, it doesn't matter I had a bad entry, because first of all I am not losing money and second, I am making some. So yes, entries don’t really matter, but exits do. Look at Crypto Face of Market Cipher. Very often he enters before a pump, because he is good and because his indicator is good as well. You can call this a “good entry”. But sometimes, he does enter and the trades goes against him. Many times I noticed he would not close his trade, and just wait overnight for it to come back. Let’s say the price does come back, and now goes into profit – he exits. What mattered? His exit. If he had exited when the trade was against him, he would have lost money. In his book “Trade your way to financial freedom”, Van Tharp talks about it and he explains how a random entry system can beat any other system with a specific entry technique. Whether you are trading algos or manually, you have to understand that it doesn’t matter when you enter. What matters is your system and when you exit. My #1 profitable algo is designed to never get in at a bottom or a top, for respectively a long or a short trade. Yet, this algo strategy is profitable.
Education
by Maddrix_club
Japanese Candlesticks: learning to read and understand🕯 ✅Japanese candlesticks are the most popular way to read the price movement on charts. They are visual, easy to learn and the main thing is that they work. ✅The first mention of candle patterns can be found in the Japanese rice trader Homma Munehisa in the 1700s. Almost 300 years later, candles were rediscovered by Steve Neeson in his book titled "Japanese Candles. Graphical analysis of financial markets". ✅Candlestick charts provide much more information compared to linear charts and are currently the preferred market analysis tool for traders and investors. What are Japanese candles? 🟢Each of the candles tells us four facts about itself: the opening price, the maximum price movement, the closing price, and the minimum price movement. ⏺A bullish candle is formed when the price rises. In financial markets, the term bullish means a long position or a buy. ⏺A bearish candle is formed when the price falls. In financial markets, the term bearish refers to a short position or sale. ❗️The body of the candle is the space between the opening and closing of the candle. If the body is green, it means that the closing price of the candle is higher than the opening price. If the color is red, it means the closing price is lower than the opening price of the candle. ❗️Candle wicks represent the highest or lowest points that the candle has reached. 🟢Each candle represents a selected time frame or time interval during which it opens and closes. For example, on a 4-hour chart, candlesticks open and close every 4 hours. 🟢If we line up several candlesticks, we can compare them with a linear chart. Candle wicks also show price fluctuations. Thus, we immediately get the maximum information that we need for effective market analysis. ⚠️A trader who knows how to analyze and interpret candlestick patterns or patterns already understands the actions of financial market participants a little better. ❤️ Please, support our work with like & comment! ❤️
BITSTAMP:BTCUSDEducation
by UnitedSignals
14
My model Of Risk ManagementHello Traders! First of all, I must tell you that trading is 90% psychology 9% is Method and 1% is your deals/trades that you put. Discipline is the most important part of psychology and there are some factors that keep your discipline alive and one of them is Risk Management. The trading method has more importance than RIsk Management and if you are trading from methods that are available on the internet then I will say RIP because the knowledge available on the internet is complete trash because it needs lots of modification before applying on a live account. Learn yourself and work hard, Create your own method with a personal trading style and if you need any help then I am here to help you. Why do we need Risk Management? Risk management helps you to deal with uncertainty. If we look at the fact that 90% of the traders lose money then there is no difference between you and 90% of the traders if you completely ignore risk management. If you have not planned your Risk management yet then here is my model of Risk management. In my model, I only take 2% of the risk per trade and we will only trade if the trade will provide 1:3 or more Risk: Reward. Good risk-reward is the only key that will keep growing your account. My average Risk:Reward ratio is 1:4 and my win rate is close to 60%. Here is an amazing calculation. Suppose your trading balance is 1000$ so you will trade with 10% of the account which is 100$ and trade with 10x leverage and your stop loss must not be more than 2% means if you lose you will lose only 20$ which is 2% of the trading balance and according to my method our target will give you 1:4 means you will gain 80$ at the target. If my accuracy is 60% then if we trade 10 trades in a week means We lost 4 trades and with every trade we lost -20$. So -20$X4 = -80$ We won 6 trades and with every trade, we made 80$ profit. So 80$X6 = 480$ In the end, we will make 480$-80$ = 400$ easily. That's the power of Risk management also it's a power of a Good trading Method. Here is another Example If a method provides 1:3 R:R with 50% accuracy then here is another interesting calculation If we trade 30 trades in a month means we will lose 15 and will win 15. Same as above we will trade with 10% of the account which is 100$ and trade with 10x leverage and stop loss is not more than 2% and the target is 6%. (This is an average calculation of your all trades.) We will lose -20$ per trade and with 15 losses we will lose 20$X15 = 300$ We will gain 60$ per trade and with 15 wins we will gain 60$x15 = 900$ So in the End we will gain 900$-300$ = 600$ Even with a bad win rate, you will definitely keep growing your account. It doesn't matter if you lose 3-4 consecutive trades. You will definitely make money and will end up in profit. Also, remember I told you Method is more important than risk management and if you don't have a good method then work on it or follow my trades until you create yours. Don't forget to hit the like button and follow to stay connected.
Education
by Aadil1000x
4
Blocknet is -99% down from ATH so Be aware from Shit Coins#BLOCK/USDT $Blocknet current price is around $0.58 Recently made low of $0.47. So basically it's almost 99.22% down from All time high of $60.027. Practically I don't prefer in suggesting these type of Scam/shit coins. Never choose to go with these kind of Coin, can harm and eat our hard earned money. Lots of traders and Influencers around the globe just for the sake of some bucks, keep suggesting these kind of Coin with may hit 50x , 100x , 1000x in near future. And suggest to hold for 2-3 years for Huge profit. In the case of $Blocknet:- Who invested in December $2017, price was around $60 i.e. ATH & And after 3 year $Blocknet price is at $0.58. Almost -99% down. Where is 100x …? So Guys never invest blindly in any coins for getting Superrich overnight. At $60 team & insider Sold $1M worth of $Block Tokens. Now Value of $1M = ~$8000 Lesson for today:- Choose your Influencer wisely. And do your own research before investing. And never enter with full fund in a entry.
BEducation
by CryptoPatel
4
RISK : REWARD. Visualized breakdown ⚠️Regardless of whether you prefer day trading or swing trading, you need to understand the fundamental concepts regarding risk. They form the basis of understanding the market, managing trading activities, and investment decisions. Otherwise, you will not be able to protect and increase your balance. We have already discussed risk management, position size, and stop-loss setting. But if you are actively trading, answer two important questions. How does the growth potential relate to potential losses? In other words, what is your risk-reward ratio? In this article, we will discuss how to calculate the risk-to-profit ratio for any transaction. ✅What is the ratio of risk and profit? 🟢The risk-reward ratio (risk/reward or R/R ratio) allows you to understand what risk a trader is taking for the sake of a potential reward. In other words, it shows what the potential profit is for every dollar you risk when investing. 🟢The calculation itself is very simple. The maximum risk is divided by the net target profit. How exactly? First, think about where you want to enter into the transaction. Decide where you will take profit (if the trade is successful) and where to place a stop loss (if it is a losing trade). This is extremely important for effective risk management. Good traders set profit targets and stop-loss before entering a trade. Now you have entry and exit points, that is, you can calculate the ratio of risk and profit. To do this, you need to divide the potential risk by the potential profit. The lower this coefficient is, the more potential profit you will receive per "unit" of risk. Let's figure out how it works. ✅How to calculate the ratio of risk and profit 🟢Let's say you want to open a long position on bitcoin. You perform an analysis and determine that your take profit order will be 15% of the entry price. Next, you have to answer the following question: where your position will be closed in case of a market reversal. This is where you will have to set a stop loss. In this case, you decide that your cancellation point will be 5% of the entry point. It is worth noting that it, as a rule, should not be based on arbitrary percentage numbers. The profit target and stop loss should be determined based on market analysis. Technical analysis indicators are very useful for solving this problem. 🟢So, our profit target is 15%, and the potential loss is 5%. What is the ratio of risk and profit? 5/15 = 1:3 = 0,33. Everything is simple. This means that for each unit of risk we potentially win three times more. In other words, for every dollar we risk, we can get three dollars. Thus, if we have a position worth $100, then we risk losing $5 with a potential profit of 15. 🟢You can also move the stop loss closer to our entry to reduce this ratio. However, the entry and exit points should not be calculated arbitrarily, but solely based on analysis. If a trading position has a high risk-to-profit ratio, it is probably not worth "arguing" with the numbers and hoping for success. In this case, we recommend choosing another position with a good risk-reward ratio. ‼️Please note: positions with different sizes may have the same risk-to-profit ratio. For example, if we have a position worth $10,000, we risk losing $500 for a potential profit of $1,500 (the ratio is still 1:3). The ratio changes only if we change the relative position of our target and stop loss. ❤️ Please, support our work with like & comment! ❤️
BITSTAMP:BTCUSDEducation
by UnitedSignals
7
CANDLESTICK PATTERN TRADING | Engulfing Candle 📚 Hey traders, In this post, we will discuss a classic candlestick pattern formation each trader must know - the engulfing candle. Key properties of this pattern: 🔑 Engulfing candle is a reversal pattern. 🔑 Engulfing candle can be bullish or bearish. ❗️Also, remember that this candle demonstrates the highest accuracy when it is formed on a key level (support or resistance). ⬆️Bullish Engulfing Candle usually forms after a strong bearish impulse. Weakening, the market keeps going lower forming bearish candles. However, at some moment, instead of forming a new bearish candle the market reverses. The price forms a bullish candle that engulfs the range of the previous bearish candle and closes above its opening price. Such a candle we call a bullish engulfing candle. The main feature of this pattern is the fact that its total range (distance from the wick high to wick low) & body range (distance from body open to body close) exceed the ranges of a previous bearish candle. Being formed on a key support level or within a demand zone it signifies a highly probable pullback or even a trend reversal. ⬇️Bearish Engulfing Candle usually forms after a strong bullish move. Reaching an overbought condition, the market keeps going higher forming bullish candles. However, at some moment, instead of forming a new bullish candle the market goes in the opposite direction. The price forms a bearish candle that engulfs the range of the previous bullish candle and closes below its opening price. Such a candle we call a bearish engulfing candle. The main feature of this pattern is the fact that its total range (distance from the wick high to wick low) & body range (distance from body open to body close) exceed the ranges of a previous bullish candle. Being formed on a key resistance level or within a supply zone it signifies a highly probable pullback or even a trend reversal. 📝Engulfing candle can be applied for scalping lower time frames, for intraday trading, or even for swing trading. Personally, I apply this candle on daily/4h time frames as one of the confirmations of the strength of the structure level that I spotted. Do you trade engulfing candle? ❤️Please, support this idea with like and comment!❤️
COINBASE:BTCUSDEducation
by VasilyTrader
11
ADA / USD Main trend (part). Chalice (Phase 4) PsychologyI made a specially line chart and to capture a large time period to show the main trend (part of the trend). Everywhere on the coins that are pumped at a very large percentage for mysterious, but logical reasons, the history of the chart disappears. The Binance chart is not the first exchange to start trading this coin. Before the first pumping in 2017 and super-draining, the coin was traded at $ 0.02, then it was pumped at $ 1.2, and the "promising technology coin" depreciated almost to the previous values ​​of $ 0.03. Just think about -99% of your deposit in 1.6 years! Further, the position before this hype was recruited in the range of 0.03 -0.04 dollars. Why am I describing this? And then, so that you are not fools and buy when there is an accumulation of position by large market participants. At the moment, with an average accumulation price of more than + 3000%. It doesn't matter here whether the price rises or not. The very fact of the behavior of the masses is important. Now, for example, you should not buy on this instrument (it does not matter if it grows or not), but sell, or if you know how to trade, increase your position (by trading, and not "topping up" money) if you are sure of further growth. Do not get attached to the "crypto wrapper" if you do not know how to work in a trend and thereby increase your position. All values on the price chart are extremely accurate. Pay attention to the price lows and highs on the candlestick chart, the numerical values of the levels and the percentages between them. A line chart (trend direction without noise) will not show this. A large cup has formed 3374.41%. At the moment, its 4th phase. An attempt to gain a foothold above the resistance of the cup (the highs of the previous madness hype). In the resistance zone of the large bowl, a horizontal channel of 52.42% was formed. At the moment there are attempts to break it out 1.72 ADA / USD Channel 52.42% Resistance 1.318 Breakout attempt 1.72 Fixation above this resistance at 1.318 will mean continued growth. Objectives on the chart. Not fixing the price above this resistance will give the potential to form a "Cup with a handle" formation. Rollback to the zone of the rising line of the secondary trend. In case of confirmation of support, working out already in the growth of the cup-with-handle formation, the goals are approximately the same. If this uptrend (green) price breaks out and consolidates below it, then you need to look for new entry points until the trend levels out.
BINANCE:ADAUSDEducation
by SpartaBTC
21
Market structure, learn how to easiy identify market condition.Market structures also referred to as market conditions are the simplest form of price movement in the market.  Market structure is a simple and basic form of how price action occurs in the market.  Price action in the market is always in one of these four market structures. - Accelerating Phase - Distribution Phase - Decelerating Phase - Accumulation Phase Accelerating Phase: This is the upward trending phase of the market, it is often characterized by a series of higher highs and higher lows.  This phase of market structure is where bulls are said to be in control of the market. Distribution Phase: The distribution phase occurs after a rise in price as the traders who bought at the beginning of the trends begins to sell at a profit and more people are FOMOing into the market the market then enters a range.  It is a ranging market after a downtrend. At this phase of the market, there seems to be a balance of power between the bulls and bears until either support or resistance level is broken. Decelerating Phase: What goes up must come down. Decelerating phase is the downward trending phase of the market and this phase of the market structure is where bears are said to be in control of the market. It is often characterized by a series of lower highs and lower lows. Accumulation Phase: This phase of market structure precedes the Accelerating Phase. It is a ranging market after a downtrend.  This phase is where smart money managers and experienced traders begin to buy. At this phase, the general market sentiment is still bearish. In Conclusion Although not always obvious, market structure plays out in all markets. Smart investors who recognize the different parts of a market structure are more able to take advantage of them to profit. - Zoom in your chart screen to -30%. - Train your reticular activating system to easily identify these structures in the market.
Education
by KhingKhaleb
1
Power of multiple confluences in tradingThe rule is pretty simple: if you have many technical confluences backing your setup, the probability of your trade succeeding is really high. On the illustrated BTC chart, a number of confluences is listed. To be precise, there are 4 confluences examined, and they will be all scrutinized below: 1) The current direction of the market is bearish, meaning we are in a downtrend. As a rule of thumb, in a bearish market we look for SELL positions rather than going long (fading the short-term trade against the long-term trend). 2) A nice descending triangle pattern has been formed, indicating that a bearish breakout is highly possible, and that the price may keep dropping deeper down. 3) 60 EMA perfectly lines up with the upper boundary of the descending triangle, which is a crucial zone of resistance that the price can’t seem to penetrate. 4) A nice bearish engulfing candlestick pattern was formed before the massive drop happened, which serves as another indicator of bearish pressure. After having all confluences ready in hand, it is time to execute. The Stop Loss is place a few pips above the zone of resistance, and the Target Profit is set at 3% gains, as the risk-to-reward based method is utilised. NOTE: Even though having multiple confluences backs up your technical setup, gives you confidence, and provides your graphical setup with a higher chance of succeeding, risk-to-reward principles should be strictly followed in all cases! We cannot control the market, but we can control our capital, risk, and emotions. Have a great upcoming weekend, everyone!
BITSTAMP:BTCUSDEducation
by Investroy
17