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How we made 7.26% in May with 63% win rate while markets fell Last month when markets took a beating, we were able to make 4% within 11 days of trading using trading view to help track our trades. The month of May was a really volatile month and it took some courage to get back to where we are today. As you can see from our equity curve, we were down about 7% midway through the month and staring down a gun barrel. teenfxtrader.wordpress.com Here are some very important lessons that we learnt from our trading from the month of May. 1) Do not get into markets that you don't understand before testing them out thoroughly. - We started getting into indexes and especially the JPN225. What we didn't realize is that this pair moves really fast and can either wipe you out and make you lots of money. We lost 4% on the first trade but made 12% on the next. Still not sure whether we should trade this but if a good opportunity comes up why not? Just keep your positions super small. 2) Risk control is so important even if you are losing - - It is so easy to lose your marbles when you are down 7% in the first 15 days. However we need to accept that losing trades will happen and the only way you can control it is by not risking too much. Your account will ebb and flow. Some weeks are just flat. Sometimes you can have a quarter where you are totally flat and I am sure that will happen for us soon as well. 3) Winning percentages means nothing - We have always been taught in school that you are a loser if you do not get 80% and above. In trading, losing 40% of your trades is still okay as long as you lose with dignity. This month we lost 37% of our trades but yet made 7.26% by holding on to our winners. Where do we see the market going in June 2022? The past 2 weeks has been bullish. This is not the end of the market crash unfortunately. It is call a bear rally or a bull trap and we are likely to see the markets being pushed down to the previous lows. We still believe the target for DJIA is 26,000 and the S&P will reach 3600 within the next 3-4 months. In the meantime, we plan to take small trades to help us grow our equity as we have done in the last 45 days. In the meantime, we are looking at a sell of JPN225 at the level marked out but it is an uptrend so we may go long until this price is reached for the sell. Good luck!
BLACKBULL:JPN225Short
by JD_TeenTrader
📌Do financial traders ,legally steal money from you?Whether we like it or not, everyone involved in this game is more likely either 90% of the loser or a part of 10% of the winners! Whatever we call it, this market has a very luxurious appearance, but inside it is very rough and ruthless with gangsters with masked ties or it looks like a forest or the sea, the stronger ones usually survive. Our money is usually circulated through our accounts to eventually be transferred to the account of someone who knows the rules of the game well or maybe owns this playing field! Is it true that banks ,exchanges or hedgefunds steal your money? maybe, they can do. But in order to understand this, you need to understand the basis of current financial system and how it operates. How the money is being generated. Money in world’s are merely numbers saved on the harddisk of the bank servers. The Account Balance that you see on your bank mobile app or bank website is not actual money, it’s just bits/bytes of a computer system. Let me start with this example, suppose you deposit 1 million USD into your bank account. The balance of your account that your account statement/bank mobile App/bank website will show you 1 million USD. But actually bank will not keep that money with itself, it will lend that money as loan to other people and will earn profit everyday day, every month & every year. Now bank has already given your money to someelse as loan and bank doesn’t have those funds, but it will lie to you and will show you your account balance as 1 million USD where in actual those funds are alright consumed by someone else. This concepts is known as fractional reserve which means bank like 80% to 90% or even more upto 98% can lend the deposited money. So that means, if you have million or billion of $ in bank and if you go to bank and ask for all your money in one go, they won’t be able to return you your money, since they don’t have it with them. Or in another example , the centralized exchanges where we usually trade digital currencies; So far, we have noticed how many traders in the futures market been liquidated and how much big money , the exchanges put in their pockets through this, they have access to the information of all traders at the same time and usually with the huge capital they have; With advanced possibilities and tools, overcome most traders . How can most day traders lose money even when the overall market is going up? Nassim Taleb in his excellent book “Fooled By Randomness” points out that every trade starts out with a 50–50 chance of being profitable, and that the longer the trade is held, the higher the probability that the trade will be profitable. The fact is that most “traders” are a twitchy bunch that will bail on a trade after it has turned agains them, and fail to hold winning trades long enough to offset their losses. The sad reality is that the game of trading is “cut your losers short, but let your winners run,” and “buy low; sell high,” but, most traders end up buying high and selling low. If I said “only buy on down days and only sell on up days” most people would nod their heads at the wisdom, but in reality, they tend to buy on up days and sell on down ones. And that’s why they lose money. New traders quit because they lose all their money. Most of the time the reason is always the same, brand new trader reads a book or 2, learns a few chart patterns, and then goes into the live market unprepared for the brutality and volatility that there is in there and does so on an underfunded beginners capital account and whats happens that they blow out their account, happens all day everyday, it’s not that they want to quit they have to because they don’t have any more capital to trade with, don’t be that trader. It is said that the failure rate among beginner traders is 97%. So ask yourself the question. Do I get into the 3% or the 97%, you’re the only one who can answer that question and you’re also the only one who can do anything about it because no one is making you do this business right? The capital market is really an information market. It all comes down to who has the best information.And more importantly, how to make the best use of this information like an expert. Information is not free, In fact, almost nothing in this world is free. It is better to change the word “steal” to “exploit.” Here's why: To steal something you need to have committed theft, which is illegal in the US. Most professional traders are performing their profession legally within the bounds of the law. To exploit something you need to have found a novel way to make use of something others haven't. On Wall Street this is information. Professional traders are exploiting information in an attempt to get an edge over all the other market participants. If you lose money in the markets it’s your own fault, not the fault of anyone who is better at it than you. nobody haven’t hurt you, when you made your mistakes, and the hedge funds just picked up the pieces. Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! These ideas were not only my opinions and also were the result of the opinions of a number of experts at quora.com this article is For information purposes only!
Education
by PRO_SMART_Trader
4
FED - BANK - CustomerMoney flow chain 1.0: Fed(rates)->Bank (interest)-> Consumer(Credit). Timy to pay it back 2.0 : Consumer(Credit)->Bank (interest)->Fed(rates). we have steady 1.0 <->2.0 interaction. But. When Fed gives no money. banks cant close holes of fault credit mass. means bank gives no more credit , but banks wanna money from Consumer back. Consumer cant pay money back, couse fed increased rates which his Firm/Company cant pay = bancwupticy. Jobless Consumer cant pay credit back, loses his House through Forced selling and gives it for peanutes to bank. Bank keeps this house waits couple or even 5 years till prices go into heaven - and sells it again to Cosumer. Pigish behavior will you say? Wellcome to capitalism and demoNcracy.
U
by Gamechanger_001
LUNA TO THE MOONIt is so hard time for LUNA coin. THe CEO of luna is smart guy and trying to come bake with different ways. One of them is burning coins each minute and also creating new token for giving back for those who lost their money. But market has risks and traders learning it. Mistake will help to everyone. Its time to gain good income now and do not lose this good chance. Always invest that money that you can affort to lose. Live is risk any time you can die, win, lose, get profit.
LLong
by humortvc
14
M2 vs. M2v (or Money Supply by Money Velocity) This is a pretty bleak chart illustrating how printing more bad money is not the solution to a broken monetary system. The FRED:M2 can be seen gradually increasing at around a 30 or so degree slope until about 2011 onward where it becomes steeper... then at the beginning of the pandemic -- it turns parabolic. During the same period you can see the FRED:M2V which is a measure of how much penetration each dollar is getting (in other words, how many different hands does it touch on its way through the economy. More velocity means each dollar goes farther as it relates to the health of the economy. So what in the world is happening now? Well a massive influx of new dollars added to the money supply aren't moving past wall street. Most of this money is just bouncing between super wealthy and well-connected insiders, being used by corporations to buy back shares, or simply just sitting in a literal or electronic vault, where it never reaches the actual economy. This is a dangerous situation that can get out of hand quickly, culminating (in the worst case) into a widespread loss of faith in the money supply and almost overnight devaluation of the currency. This has happened with ever other paper currency in history, which would be an excellent place to begin research if you are interested in knowing more about what is happening to our currency. My only advice is to be aware that the security you feel with a wallet full of cash is actually a luxury only afforded to global hegemonic powers; one which is always ephemeral even though many may struggle to remember a time when that seemed possible.
FRED:WM2NS
by mattcorwin1
$APE and Your Fib Matters - Price at premium to sell *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas. Start thE 0% of the fib at the candle that has the big drop that is the first out of line of running sideways. Run your fib 100% to the bottom, price has retraced to an institutional premium in whic it should then Sell off. This is TEXTBOOK SMART MIONEY TECHNICAL ANALYSIS Previous Listing Deleted (odd text got on the chart somehow)
Long
by BodiesXWix
1