Markets
Bitcoin 2024-2025 TOPBitcoin’s market behavior follows a cyclical structure that revolves around the halving events. These halvings reduce the mining reward, creating a supply shock that typically leads to higher prices in subsequent bull runs.
Historical Patterns
Halving to Market Top (Bull Run):
Historically, market tops occur within 1-1.5 years after halvings.
Example:
2013 Halving → Peak in late 2013 (approx. 370 days post-halving).
2016 Halving → Peak in late 2017 (525 days post-halving).
2020 Halving → Double top in 2021 (343 days to the first top, 553 days to the second top).
Market Top to Bottom (Bear Market):
The bear market usually lasts around 364 days after the peak.
After this, Bitcoin enters a consolidation phase before starting a new uptrend.
Bottom to Top:
The time from a market bottom to the next top is remarkably consistent at 1057 days across multiple cycles.
Observations:
Bitcoin has shown a repetitive pattern of growth phases followed by corrections.
The length of each cycle (measured in weeks) shows that the timing between major events is relatively stable, making it possible to predict future milestones with some accuracy.
2. Predictions for 2024–2025
The chart provides specific projections for the current Bitcoin cycle based on historical data:
Next Potential Market Top:
First Peak:
Speculated for January 6, 2024, or March 24, 2024.
This mirrors the 2021 double-top cycle, where the first peak occurred ~343 days after the halving.
Second Peak (All-Time High):
Expected on September 15, 2024.
This corresponds to a potential double-top pattern, with the second peak occurring 539 days after the halving (similar to the 2021 cycle).
Price Targets:
While specific price targets aren’t marked on the chart, it seems to imply:
A potential move toward $100,000+ in the first peak (consistent with prior cycle growth rates).
A possible retracement before reaching the second peak (all-time high).
3. Key Timelines
The chart highlights several critical time intervals:
Top-to-Bottom: ~364 days.
Bottom-to-Top: ~1057 days.
Halving-to-Peak: 1–1.5 years (~343–525 days depending on the top).
Current Cycle Timelines:
Bottom: Marked in late 2022 (~$15,000).
Next Halving: Scheduled for April 2024.
Next Top (Bull Cycle Peak):
Estimated for late 2024.
4. Double-Top Scenario
The chart predicts a possible double-top structure in the next cycle:
First Top:
Occurs early in the cycle (Q1 2024).
Price may surge rapidly but face a correction before the second peak.
Second Top:
A new all-time high expected in Q3-Q4 2024.
This mirrors the 2021 cycle where Bitcoin hit ~$65,000 in April, corrected to ~$29,000, and reached ~$69,000 in November.
5. RSI Insights
The RSI (Relative Strength Index) at the bottom indicates Bitcoin’s current momentum:
An RSI above 70 suggests an overbought condition, implying potential short-term corrections.
However, in previous cycles, sustained RSI in the overbought zone often coincided with parabolic price movements during bull runs.
Expect significant pullbacks after major peaks, providing re-entry opportunities.
Conclusion
The chart uses historical consistency in Bitcoin’s price cycles to project future movements. While no prediction is guaranteed, Bitcoin’s cyclical nature and the reliability of its halving-driven supply dynamics provide strong reasoning for these forecasts. If the cycle plays out similarly, 2024-2025 could bring significant opportunities for long-term holders and traders alike.
MSTR Alert: Trend Reversal Sparks October Rally!The NASDAQ:MSTR chart has just triggered a weekly signal, marking the first time we’ve seen a reversal signal alongside a fresh trend signal right at the range lows.
The trend appears healthy, and if October mirrors the previous months, I expect a rise in the crypto markets. While I'm not overly optimistic about Bitcoin's price movements just yet, I’ll be satisfied as long as it finishes the month positively.
A valid reclaim of $150 would lend significant strength to the uptrend.
Invalidation is set at $119, so manage your risk wisely.
For take-profit areas, consider $270 and $540 once the upward movement begins.
Keep in mind that ETF flows have been zero or negative, while NASDAQ:MSTR has been purchasing an average of $70M in BTC daily over the past week. MicroStrategy typically buys during bear markets or significant retracements. The key thing to watch now is how the market reacts once this buying subsides.
Will Most Stable Currency Pair Finally Break Its 20-Year PatternThe foreign exchange market stands at a pivotal crossroads as the seemingly unshakeable euro-dollar relationship faces its most significant test since the 2022 energy crisis. Traditional market dynamics are being challenged by an unprecedented confluence of factors: the return of Trump-era trade policies, escalating geopolitical tensions in Eastern Europe, and diverging monetary paths between the Federal Reserve and European Central Bank. This perfect storm has pushed the euro to levels not seen since October 2023, prompting leading financial institutions to reassess their long-held assumptions about currency stability.
What makes this moment particularly compelling is the broader economic context. While previous threats to euro-dollar parity emerged from singular crises, today's challenge stems from structural shifts in global trade architecture. Deutsche Bank's analysis suggests that proposed trade policies could fundamentally alter international capital flows, with the potential to drive the euro below parity to 0.95 or lower – a scenario that would rewrite modern forex history. This isn't merely about numbers; it's about a potential reshaping of global economic power dynamics.
The most intriguing aspect of this development lies in its timing. As we approach a period traditionally characterized by dollar weakness – December has seen the greenback decline in eight of the past ten years – markets face a fascinating contradiction. Will historical seasonal patterns prevail, or are we witnessing the emergence of a new paradigm in currency markets? The answer could reshape investment strategies across the globe and challenge long-held beliefs about currency market dynamics. For investors and market observers alike, the coming months promise to deliver one of the most compelling chapters in recent financial history.
GPPL FOR 220GPPL - CMP 199.45
RSI : 39.81
Target 220.00
I am here posting only simple price action.
This stock is taking support from this level and showing strong upward moves as shown in the technical chart for your reference as RSI also confirms this but in the recent bearish move in market this is below 50 EMA.
I am not a SEBI Registered Analyst. Views are personal and for Education purposes only. Please consult your Financial Analyst before making an investment decision.
Timeframe Trap: How to Trade Stress-Free and Avoid OvertradingChoosing the Right Timeframe for Trading: A Beginner's Guide to Reducing Stress and Avoiding Overtrading
Choosing the right timeframe for trading is one of the most crucial decisions any trader can make. Yet, for beginners, it can be confusing and overwhelming. From day trading to swing trading to long-term investing, each approach comes with its own set of challenges and opportunities. The wrong choice can lead to unnecessary stress, overtrading, and ultimately, financial losses. This guide will help you navigate through different trading timeframes and styles, so you can reduce stress, avoid overtrading, and find the strategy that best fits your lifestyle and goals.
Understanding Timeframes: A Foundation for Your Strategy
Timeframes in trading refer to the amount of time that each candlestick or bar on a chart represents. Whether you're looking at 1-minute, 5-minute, or daily charts, your timeframe choice will significantly affect how you approach the market. Timeframes can generally be categorized as:
Short-Term: Timeframes from 1 minute to 1 hour, typically used by day traders.
Medium-Term: Timeframes from 4 hours to daily, ideal for swing traders.
Long-Term: Weekly or monthly charts used by position traders or long-term investors.
Your trading style will determine which timeframe you should focus on. For instance, day traders require constant attention to short-term charts, while long-term investors can take a more hands-off approach by analyzing weekly or monthly trends.
Trading Styles and Timeframes: Which One Is Right for You?
1. Day Trading: High-Speed and High-Stress
Day trading involves buying and selling securities within a single trading day, meaning no positions are held overnight. Day traders often use extremely short timeframes, such as 1-minute or 5-minute charts. The goal is to capitalize on small price movements, and the strategy requires constant attention, quick decision-making, and deep market knowledge.
From my personal experience, I found day trading to be the most stressful style of trading. The need to stay glued to the screen all day can be exhausting, both mentally and physically. It also led me to overtrade frequently, jumping in and out of positions without fully thinking them through. For beginners, this can quickly lead to burnout and financial losses.
Pros : Potential for quick profits; no overnight risk.
Cons : Extremely stressful; requires constant monitoring; high potential for overtrading.
2. Swing Trading: Capturing Medium-Term Price Swings
Swing trading involves holding positions for several days to a few weeks, aiming to profit from market "swings." Swing traders typically use 4-hour, daily, or weekly timeframes. This style allows for more flexibility than day trading since you don’t need to constantly monitor the market. It’s a good balance between active trading and giving yourself some breathing room.
When I transitioned to swing trading, I immediately noticed a reduction in stress. I was able to plan trades in advance and hold positions longer, which also helped me avoid the common trap of overtrading. By focusing on larger trends, I wasn’t tempted to react to every small price movement.
Pros : Less time-consuming than day trading; potential for larger profits per trade.
Cons : Overnight and weekend risks; still requires active market analysis.
3. Position Trading: Playing the Long Game
Position trading is more akin to long-term investing. It involves holding positions for months or even years, based on long-term trends rather than short-term price movements. Position traders often use weekly or monthly timeframes and rely heavily on fundamental analysis, such as company earnings reports or macroeconomic trends.
For those who don’t have the time or desire to monitor the markets daily, position trading can be an excellent choice. It allows you to participate in the market without the constant pressure of short-term fluctuations. In my case, using a longer timeframe for certain investments helped me maintain a broader perspective, which reduced the emotional rollercoaster that comes with shorter timeframes.
Pros : Minimal time commitment; less emotional stress; long-term profit potential.
Cons : Requires patience and discipline; slower gains; exposure to long-term market volatility.
4. Long-Term Investing: Set It and Forget It
Long-term investing isn't technically "trading" in the traditional sense. Instead of actively buying and selling, long-term investors focus on building wealth over time by holding assets for years or even decades. Investors typically use monthly charts and focus less on short-term price movements.
This approach is ideal for those who want to minimize trading-related stress entirely. By investing in fundamentally strong assets and holding them for the long haul, you can build wealth gradually without being swayed by daily market noise. This strategy also helped me maintain a more balanced work-life relationship, as I didn’t have to spend every day analyzing charts.
Pros : Low-maintenance; less stress; ideal for long-term wealth building.
Cons : Slow returns; requires significant capital and patience; exposed to long-term risks like market downturns.
How to Choose the Right Timeframe for You
Now that we’ve discussed the different trading styles and timeframes, how do you decide which one is right for you? Here are some critical factors to consider:
1. Your Schedule
How much time can you realistically dedicate to trading? If you have a full-time job or other commitments, day trading may not be the best choice, as it requires constant attention. Swing trading or long-term investing can provide more flexibility, allowing you to check the market once or twice a day instead of every minute.
In my experience, moving to a swing trading strategy helped me find a better balance between trading and my personal life. I didn’t have to stress about missing out on trades while at work, and I still had the opportunity to make profitable moves.
2. Your Personality
Are you someone who thrives on fast-paced action, or do you prefer to take your time analyzing and making decisions? Day trading can be exhilarating but also incredibly stressful, especially if you're prone to making impulsive decisions. On the other hand, swing trading or long-term investing allows for more thoughtful analysis and less emotional turmoil.
Personally, I found that my personality was better suited to swing trading. I could still make timely decisions but without the emotional exhaustion that comes with day trading. For beginners, it’s crucial to choose a style that fits your temperament to avoid unnecessary stress.
3. Avoiding Overtrading
Overtrading is one of the most common pitfalls for beginners, and I’ve fallen into this trap myself. Constantly jumping in and out of positions can lead to financial losses and emotional burnout. By choosing a longer timeframe, like swing or position trading, you can become more selective with your trades, reducing the temptation to overtrade.
One strategy I used to combat overtrading was setting specific entry and exit points based on my analysis and sticking to them. This discipline helped me avoid the emotional ups and downs of the market.
Managing Stress Through Proper Timeframe Selection
Stress is a major issue for traders, and it can often be tied to your choice of timeframe. Day traders experience constant pressure to make quick decisions, while long-term investors have the luxury of time. By choosing a timeframe that aligns with your lifestyle, you can greatly reduce the stress involved in trading.
For me, finding the right timeframe made trading more enjoyable. Instead of feeling rushed or pressured to act, I could analyze the market at my own pace, which ultimately led to better decision-making and improved results.
Tools to Help You Choose the Right Timeframe
Once you’ve identified your preferred trading style, it’s essential to use the right tools to maximize your strategy. Here are a few key indicators and methods that can help:
Moving Averages : Use these to identify trends across different timeframes. Moving averages are particularly useful for swing and position traders.
Support and Resistance Levels : Crucial for identifying potential entry and exit points, no matter the timeframe.
Economic Calendars : For position traders and long-term investors, keeping track of major economic events is essential.
Technical Indicators (e.g., RSI, MACD) : These can help you identify overbought or oversold conditions, which are useful for both day and swing trading.
Conclusion: Trade Smarter, Not Harder
Choosing the right timeframe for your trading style is essential for success, reducing stress, and avoiding overtrading. Whether you’re drawn to the fast-paced world of day trading or the slower rhythm of long-term investing, there’s a timeframe that will suit your needs.
Take the time to assess your personality, lifestyle, and goals before committing to a particular approach. And remember—trading smarter, not harder, is the key to long-term success in the markets. By selecting the right timeframe, you’ll not only improve your trading performance but also enjoy a more balanced, stress-free experience.
Buy Bitcoin, Not bananas Since the last emergency update from Yellen to buy Bitcoin, we're up by approximately 260%.
In this next update from the Volcanic Miner Empire(VME) located in El Salvador, we're giving an "All Good" update. Buy Bitcoin, don't buy Bitcoin, buy bananas like Mark Cuban - whatever, we literally couldn't care less, lol.
BUT,
If you're a sensible entity browsing a website for good investment ideas, this setup should intrigue you. We have spent two-thirds of the year consolidating the previous all-time high on Bitcoin.
The world is easing monetary policy, markets are at all-time highs (with trillions of treasury notes expiring, freeing up more fiat and chasing more gains), and China is about to start handing out money in 500 billion increments to do nothing but invest in anything, for free, no risk... LOL. This is just the tip of the Volcano.
Impossible to tell you when this happens, but given macro events, it seems much sooner than later if this cycle is to confirm.
Do what you want, do it safely, and laugh at Cuban every time you eat/see/think about a banana.
$SPY OVERIVEW ON THE MONTHLY TIME FRAMEAn overview of AMEX:SPY from a technical standpoint. This does not include any fundamental / economical consideration.
AMEX:SPY has been in this rising channel since 2020.
Each wave / rejection from the trendline / channel caused a 10 - 12 month directional move 100pts +.
AMEX:SPY is at the top trendline / channel again. Could see an upward continuation of price in an attempt to hit $600. Failure to break through $600 could start the retracement / correction / pullback over the next 10 - 12 months back to the bottom of the channel / trendline.
This would put AMEX:SPY at around $500, give or take 20 - 40 pts. This would be in alignment with what some of the more well-known analyst / economist has been stating about 15/20% correction.
Reason for the margin of error is the last two waves moved an avg of 140 pts. $500 is a key level psychologically and from an algorithmic point of view.
$600 is also a key psychological / algorithmic level as well. If there is a break of this level, market could see another 20 - 40 pts topside move before consolidation and then possible retracement / correction / pullback.
This is NOT financial advice but merely an opinion.
The S&P 500 short term outlook is bullishThe S&P 500 ( SP:SPX AMEX:SPY ) daily chart is currently in a steady bull trend, with the price continuing to follow the ascending trendline. The Bollinger Bands are expanding, suggesting that the current momentum is likely to continue toward the 6000 area ( AMEX:DJIA NASDAQ:QQQ ) #stocks #Bull
Nifty Short, Medium & Long Term : 30-Sep-24 to 04-Oct-24Nifty Short, Medium & Long Term : 30-Sep-24 to 04-Oct-24
Nifty closed at 26179 (last week 25790 ) and touched low & high of 25839-26285 ( all time high)
Market touched new high last week , and broke the key resistance of 26000 provided last week decisively and also crossed another Mid Term Resistance 26260 settled down at 26179( As shown in chart, The level is the difference between the Aug High and Aug Low from Aug High)- If it crosses 26260 again decisively, Medium Term is UP. if it moves above decisively next target is 27000 in short term.
Nifty Bank 53834, touched the target of 54000 as proposed 2 months before ( 54400 all time high last week) and support at 49900.
Fed Rate Cut by 0.5% made the global market up and triggered increase in Indian Market.
FPI invested 4 Billion $ in Sep till date.
RSI and stochastics levels moved up last week (76% and 93.59% respectively). MACD crossed the Signal and maintain uo. RSI and MACD shows market will go up further. Caution to be emphasized as Stochastics at overbought level. Q2 results awaited which will pave way for more clearer path in market.
Nifty 26179 Short term ( Short Term : Up)
Nifty short term resistance 26266 as shown in chart.
Support at 25800, 25217, 25000
Medium Term next target is 27000 if move up decisively above 26266.
Medium term Support 24650 (Trend line support and Fib Resistance), 24480 (Fib Support) and 24000.
Long Term : Nifty have a target of 28190 ( Fibonacci Resistance). Support at 22800
US started reducting fed rate as expected in Sep 2024, expected it shall continue in reduction of interest rate in next year. US President Election result scheduled in Nov 24. Until then Market may correct if any global news upto19500 as there is strong multiple fib support in this range. RBI in India expected to reduce rate from end of this year.
Caution to be emphasized on Nifty as nifty PE is in high level with high valuation especially in Mid cap & Small Cap. Mutual Funds SIP shall be invested as the goal is for more than 5-10 years at this critical period as the valuation is high.
Those with lesser risk can sell partial portfolio ( 20-30%) stocks which have less valuation and can wait for opportunity to buy when nifty dips upto 22800.
Deploy stop loss of upto 7%-8% which is crucial. More Risky players can have stop loss of trend line resistance of 23750 as shown in the chart.
Fundamentally good stocks can be added as it posted good results on every dip in finance stocks such as CAMS, UTI AMC , HDFC AMC, Manappuram Finance, suryoday small fin, Motilal Fin, Chola Finance, Dr Reddys, Natco Pharma, Cipla, JK Cements, Biocon, Persistent Sys, PI Ind, PNC Infra and Ashoka Buildcon, ICICI Bank, HDFC Bank Indian Bank & Punjab National Bank.
Stock Picking is needed at current scenario in Bank, auto, Pharma stocks.
Based on the Q1 results, following stocks can be added to portfolio: There is a possibility of dip to 21000-22000, hence please buy in parcels and every dip of Index and every dip of individual stocks (2-5% of portfolio on each purchase for long term) The above stocks mentioned are based on analysis of top line & Bottom line performance, hence based on the risk and portfolio mix one can add after analysis.
Nifty IT 42312 (last week 42204) indices dipped to 37848 in Jun month, bounced back and reached all time high last week(43632). Later Dipped to 41660 due to profit booking and again started moving up. Recovery of US stock market & awaiting FED rate cut expectation decision pushed the US stocks up and followed by Nifty IT Index last week. NIfty IT is less than SMA 21 level, need clear direction and Q2 results will pave way for the clear direction.
BTCUSDT Key Resistance ZoneBTCUSDT has recently reached a KEY RESISTANCE level on the 4 hour timeframe.
We've seen multiple rejections from this zone in past data, showing strength in the SHORT trade, where it may look to initiate a BEARISH trend.
The key to this movement is waiting for a definitive move via BIG VOLUME CANDLES, price could reject off the zone temporarily and retrace back to the resistance zone where it could break.
We need undeniable big volume indicating a rejection or breakout.
Nvidia looks pretty flat these days but it needs to MOVE ! We believed Nvidia would make the turn to validate and then break point #5, but that wasn’t the case.
Nvidia remains within the bearish sequence, but it still hasn’t been able to give us confirmation of reaching point #5. The only thing we need to consider is the structure of the bearish channel, in which the most important part of this structure is our GAP zone (blue), as that’s where most buy orders are positioned, and we can see it has respected it correctly (see green circles).
The scenario over the last few days looks very flat; Nvidia has to break the line it’s currently on to activate our point #5 or, in another scenario, retest the GAP Zone, which it has already tested and is of great importance since that's where the largest number of buy positions are concentrated.
So, if it comes back to touch our GAP Zone (Blue), you know what to do!
Best regards, and thanks for supporting my analysis.
US DOLLAR - Boxed RangeUS DOLLAR is trading SUPPORT and RESISTANCE zones within a boxed RANGE.
It is respecting a range of 100.53 - 101.93, with respective bounces on either end, keeping it within its BOXED RANGE.
When I'm speaking about a BOXED RANGE, what I mean is that the RANGE ISN'T TIGHT like a normal range, where its looking for volume before a big move, these types of ranges have volume and are easier to read as they respect KEY ZONES, for example right now they are respecting 100.53 - 101.93.
We should wait for the US DOLLAR to enter either SUPPORT or RESISTANCE to enter a trade, we can wait for a rejection + bounce or wait for a breakout.
If the US DOLLAR breaks to the downside (BEARISH) I would expect for the overall US markets to continue it's BULLISH movements, as usually the US MARKET IS INVERSELY PROPORTIONAL TO THE US DOLLAR INDEX...
Conversely if it shows BULLISH signs and begins to move towards the SUPPORT ZONE, I will be looking for the US MARKET to move BEARISH.
Bitcoin Collapse Underway -75% ProbableBitcoin is collapsing, it will go deep.
As of right now, I am looking for AT LEAST a -75% selloff, with the expectation that we will soon test the 2018 price level.
This thing might be wiped out entirely.
I really don't have much else to say.
Good luck everyone.
Bitcoin LevelsBitcoin looks to test the bottom of our channel once again at around 54k and declining. Below that we have our 50 week moving average at 53.3k. It is possible that the bears make one more attempt to provide a solid kiss to our neckline at 48.4k. These are your levels of support.
As such I have removed all stops from my current positions. This is probably simply another long liquidation event and it is more than annoying. I don’t want to play that game and will sit the sidelines here until the MMs are done.
Books on trading and Profitunity strategy by Bill WilliamsIn this article, I will share books that were useful for me in the process of studying trading and the Profitunity trading strategy by Bill Williams.
Bill Williams "Trading Chaos 1 and 2" ♡
The first and third books by Bill Williams contain complete and up-to-date information on the Profitunity strategy. The second book "New Trading Dimensions" is intermediate and less relevant.
The book Trading Chaos 1 includes trading psychology (an integral part of trading), the basics of understanding the markets, candlestick patterns (divergent bars and determining the trend based on a pair of bars, the market facilitation index, volume and squat bar), Elliott waves (characteristics, determining waves using the MACD 5/34/5 indicator, an analogue of the modern Awesome Oscillator, and the Fibonacci ratio), fractals, trading in waves (impulses 1-3-5 and ABC correction). And also very important topics — how to work with your internal structure and how our brain functions (Chapter 11).
The book Trading Chaos 2 (co-authored by Bill Williams' daughter Justine Gregory) includes a description of the Alligator indicator in combination with the Awesome Oscillator, divergent bars and fractals. And also tools for working on yourself - morning pages (Chapter 13, from the book by Julia Cameron "The Artist's Way") and autogenic training for traders by Johannes Schultz (Appendix 3).
Tom Hougaard "Best Loser Wins" ♡
The book greatly expands the perception of markets, the approach to trading and deeply describes the psychology of trading.
The book was first published in 2022 and perfectly complements the books by Bill Williams.
John J. Murphy "Technical Analysis of the Futures Markets"
A basic book on classical (linear) technical analysis, which also contains up-to-date information on Elliott Wave Theory in addition to the corresponding section in the book by Bill Williams "Trading Chaos 1".
Alexander Elder "Trading for a living" (How to Play and Win on the Stock Exchange)
A book on the psychology of trading and classical chart analysis, includes a detailed description of popular indicators and a description of the basic strategy "Three Screens" (analysis of the chart on the senior and junior timeframes), as well as an important topic "Risk management".
Steve Nison "Japanese Candlesticks"
A basic book on classical candlestick (bar) analysis.
Thomas DeMark "Technical Analysis - a new science"
Constructing trend lines based on the support price minimums and maximums described in the book led me to search for an indicator that displays such bars, as a result, I first became acquainted with the Bill Williams Fractals indicator, even before I became acquainted with his strategy.
Theodore Dreiser "The Financier" ☽
A novel published in 1912 based on the life story of the American millionaire Charles Yerkes (1837-1905). The book shows how the financial and economic environment surrounding the main character (Frank Cowperwood) already from childhood forms in him the psychology of a businessman and stock dealer...
Robin Sharma "The 5 AM Club" ☆
This book is not about trading, but about healthy habits. But for me the book became useful, including in trading, because I made the following conclusion for myself - it is important to rest (take breaks) every day, and not only on weekends and vacations. And it is worth starting with the fact that after waking up there is free time (about 1 hour) before business activity begins, i.e. either wake up earlier, or move all things forward, so that you can start your day easily. And taking breaks in trading is very important, so I recommend paying attention, for example, to the algorithm for removing limitations using neurographics.
(◉ ‿ ◉) There are many good books, as well as good strategies, but I am sure that only independent deep study, practice, good concentration and self-control will allow you to find your own understanding of the markets and your own approach to successful trading.