How To: Find Good Traders To Follow & Who Picked the BTC Crash !Just thought I would show you an interesting way to see who is making the right calls before a stock or (crypto)currency makes a significant bullish or bearish move.
With so many people posting on TradingView it can sometimes be hard to know who to follow.
This is a way to see very simply who is making more accurate calls and best of all it IS NOT influenced by their number of posts or followers or reputation points etc.
It is a great way to discover new users brand new to the site - or more established ones who have been on here for years. You can have one post or 100 and still stand out.
If you find the same person consistently making the "right" calls and you like their analysis and how they trade then you can very easily follow them.
(PS not really a crash, more of some profit taking and a pullback to support. Be interesting to see what happens over the next few days though.)
Community ideas
How To Use Sparks To Kickstart Your ResearchThis video was created by our team to introduce you to the new Sparks tool. Sparks are curated lists to help kickstart your research process. You can find lists of symbols related to specific topics like outer space, alt coins, and a lot more.
Markets are sometimes driven by themes, trends, and narratives. Within those themes and trends are lists of symbols that are working to change something or build a better future. With the right research tools, investors and traders can find opportunities and capture enormous growth. But it all starts with a diligent research process and Sparks were created to help all investors and traders get started. That's key, getting started.
All it takes is a spark to light a fire, to find the next best investment or trade.
For example, here are some Sparks that may interest you:
1. Self-Driving Car Companies www.tradingview.com
2. Environmentally Friendly Stocks
3. Proof of Work Cryptocurrencies
4. Proof of Stake Cryptocurrencies
5. WallStreetBets Stocks
And these are only a few examples.
Our team is looking build even more Sparks in the future. Our goal is to help all investors and traders learn more about markets. If you have any questions or comments, please write them below. You can also request specific Sparks in the comments below.
Thanks for watching the video and following along!
- Team TradingView
SOYBN/USD and NZD/CHF on watch for me today.SOYBN/USD:
• If price pushes up above our upper rayline, it does so impulsively a subsequent tight one hour flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
NZD/CHF:
• If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
How To Share Your Watchlists (Video Walkthrough)We know how important your Watchlist is.
Your Watchlist is where you organize all of your favorite symbols, follow them, and plan ahead. It's also where you track your investments and trade ideas.
Our new Advanced View tool makes it possible to share your Watchlists. We believe this is an important next step in Watchlist technology. You can now share your favorite Watchlists with friends, family, and across the Internet either on your blog or social media profile. You can collaborate with groups to make a perfect watchlist, sharing the link and making edits as needed.
Create, share, and learn. Get feedback from others and do the research before you make the trade. Our new Watchlist tools can help everyone share and collaborate around markets.
Here are links to the two Watchlists we talked about in this video. You can copy this Watchlists, edit them, and add them to your profile:
1. Up-And-Coming Cryptocurrencies
2. Space Stocks
The first step to getting started is opening your Watchlist, then clicking the three circles at the top right ••• and selecting Advanced View. From there, you can toggle your Watchlist to be shareable, copying the link and sharing it as needed. You will also see a symbol distribution showing the breakdown of the Watchlist you're looking at. We explain all of this in the video! Make sure you watch it.
Please let us know if you have any questions, comments or feedback. You can share them in the comments below.
Thank you for watching,
Team TradingView
CryptoMarket Update (#34) : Focus on SOL ADA ATOM XRP & XMRHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
How To: Combine Stock Charts and Share Watchlists with FriendsJust A Quick Video On How To:
1. Combine a bunch of stocks on a single chart so you can identify which ones are performing best over different periods.
2. Share this list of charts with friends, family, and followers.
I just like creating and saving the overall chart to give people a better visual idea of what you are sharing with them, but you can share your watchlists very simply and easily without having to create the chart.
Note: The watchlist WILL automatically update if you add or remove a stock.
The Saved Chart:
The Watchlist
www.tradingview.com
The Best & Most Reliable Candlestick Patterns To UseIn this video I explain my favourite candlestick patterns and how to use them in your own trading.
Here we describe:
Engulfing Candles
Doji Candles
Hammer Candles
And I explain how to use them with confluence & context of where on the chart they occur.
Tutorial | How To Identify Potentially Strong Trend DaysI got smoked shorting the MNQ today. And it was avoidable.
The MNQ1! and the MES1! were flashing warning signs since the Sunday open to NOT fade the move. I stayed off the sell side for the opening 30 minute candle, but then got sucked in at a level. The entry was a violation of one of the Golden Rules of Range Trading - STAY AWAY from Outside Days!
In this video, I discuss how to identify Outside Days and look for Untested Prior Session POCs as signs that conditions are pointing to trending price action.
“How To” Video Overview of Indicator “CM_MACD_Ult_MTF_V2”Hello TradingView!!!
-Video Posted on 07-28-2021-
This video is a detailed video overview of the CM MACD Custom Indicator - Multiple Time Frame - V2 Release.
I will post the link to the Indicator within a few minutes after this video goes live on TradingView either in the Link to Related Ideas below, or I'll post a comment below with the link.
Thanks for you patience.
I'm so excited to be back. Please Post and feature requests for this indicator below.
How To: See Stocks Percentage Change On Your ChartsJust a simple way to see how your stocks have performed over a period of time in terms of percentage gain or loss.
Whatever period you have displayed on your chart, this will show the percentage change from the start to the end of that period.
Short version is go to Chart Settings -> Scales -> Symbol Last Price Label -> Price and Percentage (from the drop down)
Bitcoin (BTC) • Low supply & Demand while MM Barts in control Market Makers are now in control as we can see with those Bart patterns forming up as demand faded away and supply is also weak.
We have strong orders in the books around 47.5 and 50k acting as major resistances across the board.
Swaps now showing more frequently trading above spot which implies bearishness BUT we don't have yet the structural daily trend from the lows broken yet.
Finex longs are in slow decline and perpetual swaps in open interest ate back to very high levels which implies liquidations to come soon enough.
Altcoins are not rallying aggressively at local top levels. When we see this sort of fomo momentum into resistance probability distribution generally favor a reversal to come soon.
Weekly Trading Recap: EURUSD, USDJPY, SILVER, NZDCHF Aug 14 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
EURUSD: Running +2% profit
Full analysis/forecast:
USDJPY: Running +3% profit
Full analysis/forecast:
SILVER: First Trade -1% loss
Second Trade running +1% profit
Full analysis/forecast:
NZDCHF: Closed down for +3.35% profit
Full analysis/forecast:
GBPAUD: Closed down for +1% profit
Full analysis/forecast:
AUDCAD: closed down for -1% loss
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo
The Safest Way to Short The Stock MarketIn this video we explain Inverse ETFs as a tool to gain short exposure to the stock market. These can be used as a tool to profit directly from market or as a hedge to protect your stock portfolio in times of market volatility.
Let us know your thoughts in the comments below! Have you ever invested using one of these ETFs?
Divergences Explained by a RaccoonThis video's purpose is to go over the fundamentals of divergences.
How to spot them and the effects they have.
I might make a video later on practical application and how to trade them; as well as how to combine them with other technical analysis tools and techniques.
And I should be doing a stream soon where we just spend an hour hunting divergences on different commodities; whether it's crytpo, stonks, or forex.
I hope this helps those trying to understand divergences.
Let me know if anything seems off or is confusing, I am more than happy to make another video to clarify anything that seems off or incomplete.
Thanks for watching.
Learning the TradingView Platform: Exploring the Top Panel Pt.2In this video we will explore:
Indicators and Strategies
Fundamental metrics for stocks
Indicator Templates
If you would like to learn more about these items, check out the great material we have in the help center and on our blog. 📚 🤔 📚
Indicators
www.tradingview.com
Fundamentals
www.tradingview.com
www.tradingview.com
Indicator Templates
www.tradingview.com
Did you learn about anything new that you may use from now on?
Let us know in the comments below 👇 👇
Learning the TradingView Platform: Exploring the Top Panel Pt.1In this video we will explore:
Symbol Search
Time Interval
Bar's Style
Compare or Add Symbol
If you would like to learn more about these items, check out the great material we have in the help center. 📚 🤔 📚
Spread Charts
www.tradingview.com
Time Interval
www.tradingview.com
Compare Tool
www.tradingview.com
Did you learn about anything that you may use from now on?
Let us know in the comments below 👇 👇
Stocks To WatchThe Market's longer term uptrend still intact. Big earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 17 total stocks on this list and 1 short squeeze candidates. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Learning the TradingView Platform: Introduction to the Top PanelIn this video we will be covering what the Top Panel has to offer and some of its functions.
This will be the first part of a video series where we will be providing video walkthroughs of tools and items on the TradingView platform.
We hope that this helps both the brand new TradingView user as well as the seasoned user.
Feel free to let us know what features you want to learn more about below!
How to manage & deal with consecutive losses in trading ?
Trading Psychology: How to manage & deal with losses/consecutive losses in trading ?
Hi everyone:
Today I want to go over a very key trading psychology lesson on how to deal with losses, especially consecutive losses.
This is bound to happen to any traders, whether you are new or experienced. ITs something all professional traders will have to deal with on a regular basis.
Understand that, dealing with losses psychologically is the key factor in the success of a trader.
This is because losses are inevitable, and trading is a probability, which trades that you take will end up both in wins and losses.
However, traders usually can not accept losses, due to their ego, greed and other emotional factors.
Aside from having a good risk management, trading plan, and trading strategies, traders can still experience the psychological emotions of losing.
This is due to the fact that we are humans and we are an “emotional” animal. We don't want to be wrong, at all.
Taking a loss is like getting slapped in the face by the market, which we have egos to fight against.
What ends up after taking losses or consecutive losses, it puts traders at a disadvantage where their emotion is high, and likely to “revenage” trade to chase back losses, which end up in a deeper hole.
To deal with such psychological phenomena, take a step back and observe your situation:
First, did you follow your trading plan/strategy on how to enter, set SL/TP, and management ?
Second, did you take an emotional trade due to greed or fear of missing out ?
Third, have you journal down your losses and review them to make sure they are trades you really want to risk your capitals on ?
By now you will see why we need to review these. Trading is a probability, not right or wrong. It's a random variable that you are putting your $ at risk.
So if you understand the rules and plans that you follow and execute a trade accordingly,
then there should NOT be any negative emotions towards the outcome of the trades, whether they are winners or losers.
When I discuss the trades I entered every week in my trade recaps videos, I am always happy to enter a position, even if it goes to a loss.
This is because I have done enough backtesting, chart work, and plan to enter a position.
I understand strictly from a probability point of view, I could have a higher strike rate, and more often the trades will end up as a winner rather than a loser.
However, I also understand and acknowledge that some trades will end up in a loss, disregard mine technical analysis or other’s fundamental analysis. It is what trading is all about.
When I have consecutive losses, I will always review the 3 points I mentioned above and make sure they are all valid for me.
Then I simply will take 1 day off from the market, chart, phone, and just get your mind clear. Come back strong after 1-2 days of rest, and have a positive mindset.
What traders often do when they have consecutive losses is to right away re-enter back into the market and try to chase back their losses.
This has always been the downfall of losing and it creates anxiety in traders’ minds.
Such a negative experience is going to stay in the traders’ mind longer and deeper, compared to consecutive winners.
So wise we understand that is the case how our brain is "programmed” into thinking, then it's up to us to do the opposite, and fight the urge to “revenge” our losses.
At the end of the day, no one is trading your trading account, except yourself.
Taking ownership of your account, learning to control our emotions, understanding the probability side of trading, and learning to let go, drop our ego will help us in the long run in this industry.
I hope these pointers can help some traders who are still struggling with this concept.
It's impossible not to take losses, but professional traders deal with it on a regular basis and still remain consistent in the long run.
Thank you
I will forward some Trading Psychology educational videos below on some of the topics explained today.
Trading Psychology: Revenge Trading
Trading Psychology: Fear Of Missing Out
Trading Psychology: Over Leveraged Trading
Trading Psychology: Is there Stop Loss Hunting in Trading ? How to deal with it ?
