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And will the drop continue?Continuation south for GBPUSD at the moment, no doubt many are already longing this pair trying to catch a reversal but trade what you see not what you think. I had a clear sell sign from my analysis yesterday and took a sell but only to the low which was still a decent 3.5R. I have a Daily Demand zone marked out in which it's currently sitting. Today I have my areas marked out and will trade exactly the same way as I have on my plan. The markets tell you a story just go with it. Don't try to make up a fairy tale for yourself.
G
by jp7fx
2
Retail vs Institutional InvestorsRetail ✔️Retail Traders are individual traders who buy or sell stocks, securities, or assets from their personal accounts. ✔️Retail Investors mostly focus on technical analysis, price patterns, and Indicators. ✔️Because of low volume, orders submitted by a retail trader cannot affect the price of an asset. ✔️Retail traders can come out of trades or their positions easily at any time with minimum slippage. ✔️Retails investors have more quality of life as they don't have to trade on a regular basis and can take a break whenever they want. Institutions ✔️Institutional traders are highly skilled individuals who have a degree in finance, economy, or math and are employed by large institutions to do the trading. ✔️Institutional traders carry out the most trades over any major exchanges and greatly influence the price of a security, commodity, stock, or cryptocurrency. ✔️Institutional Traders have access to a large amount of capital and exotic products. They also have early access to the latest news and buzz as they have the ability to pay a good amount to various media outlets. ✔️Institutional Traders manage accounts for larger groups or institutions, banks, hedge funds to buy and sell stocks. ✔️Because of large volume orders, institutional traders can greatly impact the prices of a security ✔️Institutional traders focus on fundamentals, sentiments, and trading psychology. What kind of trader are you? And let us know more differences between these two in the comments box below. Follow us for more educational ideas, analyses, and scripts. Happy Trading!
Education
by Tuned_Official
My plan For GBPUSD [Signal/forecast]Hellooo...My Dragon Friends I see GBPUSD will make some reversal movement dan confirmation some pattern. first will going down after touch around 1.398X (this number, I already predict before and already share it at group). I already make sell from 1.3950 (my target sell start from 1.3950 until 1.3990, I already share at group too) with SL 1.4050. and now my position is sell with target TP around or start from number 1.3850, 1.3800 and last 1.3770 (my watchlist number for taking profit). So after this watchlist line, we must becarefull, if STOP 1.3835, 1.3800 and 1.3770 (around that number) and STOP and make REVERSAL UP. our strategy is make BUY with SL (-100 Pips) from our START point make BUY. with target this time, will test make higher high from this number 1.42XX. or at list same high. at that moment u can see GBPUSD will make SHS pattern, of course with break 1.4000 (strong Resistance line). So Lets See I Hope it can Help Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Short
by EdyDragon
Risk-free and safe trading Safe is the closing of half of the order when the profit distance is equal to your risk, that is, in such a way that the profit from the closed part of the order is equal to the size of the stop loss loss, if the price movement does not go in our direction. This is important in order to fix the profit on a part of the order, and set a stop loss equal to the profit on the first part of the order for the rest of the part, then we are in the market without risk! But here it is possible to move the stop loss to the point of entry into the market after the distance passed by the price equal to the risk, then if the price turns against us and closes by the stop loss, then we will be in profit In 65-70%, if a technical entry goes to "plus", if you entered correctly, in other cases the deal will be closed by stop loss, but thanks to the SAFE there will be no loss! These laws are already guaranteed to allow you never to drain your deposit and, as a result, start earning ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Education
by DeGRAM
ETH USDT : ATR and Volatility AnalysisAs you all know as a part of my daily trade series I'm publishing my trade setups and Ideas for each day. Looking back at the past couple of days it's apparent that there is not a lot of price action or movement in the markets. When I was trading in April and May, we could capture 150 to 200 points in a single trade. This is because there was a lot of volatility and movement in the market, which is pretty obvious since markets were at ATH in these months. In the last couple of weeks, the market movement has drastically come down and has been stuck in the 1700 to 2900 zone. Looking at the ATR it's confirmed that the market on average is moving about 165 - 155 points daily. I think we can practically capture 1/4 of the ATR in any single trade. Which gives us about 40 points to play with. Money management suggests, I increase the lot size and captures 40-45 points in the market instead of trading with low quantities trying to capture big market moves. Just my thoughts on the markets right now. Do let me know your money management and lot sizing strategy in the comments. Would love to learn your point of view.
by Nihanth_Aglogains
EURO JPY Buy opportunity there was huge sell of on last week for all jpy pairs .we can hope a continuation to the downside bit after a reasonable retest of broken structures euro jpy is going to retest the broken structure as mentioned Fibonacci retracement levels look for a long opportunity on lower time frames and enter long with your own money management and risk to reward always remember that patience and discipline are the keys to success in financial world learn to control the emotions
Long
by Hamaitifx
Best Books on Stock Market & Finance📚 Books are always the best way to acquire knowledge even in the presence of latest technologies/e-books/videos. There are 1000s of books in the market. So I have picked the best ones according to me! 📚 I have sub divided the books to acquire knowledge in any specific field 💲 Finance and Motivation - For knowing more about money and it's fundamentals. Suitable for - Anyone with the interest to know about money 💲 Technical Analysis - Knowledge about candle sticks and other trading patterns Suitable for - Anyone with the interest to know the technical analysis done by traders 💲 Fundamental Analysis - Knowledge about the base of a company with it's fundamentals/results Suitable for - Anyone with the interest to know and analyze fundamentals of companies for investments. 🤔 Pre-requisites - None of the above book require any prior knowledge. Thank you for viewing book recommendations. Let me know through the comment section if you have any doubts or feedbacks. All the best! Happy trading/investing :) 😄
NSE:SBILIFEEducation
by Omsai1238
74
Risk per unit (R) & ExpectancyIn this article, we will expand the notions presented in the first part of the series. If you haven’t read the first part, you can check it out below in our related ideas section. We define risk as to how much you’ll lose per unit of your investment if you are wrong about the position. We called this in the first part initial risk (1R) . All your profits and losses should be related to your initial risk. Example 1: You buy a stock at $100 and decide to sell it if it drops to $80. What’s your initial risk? The initial risk is $20 per share. So, in this case, 1R is equal to $20. If you buy 10 shares then your total risk is $200. R represents your initial risk per unit. Example 2: You want to do a foreign exchange trade with a $10k account, selling the EURUSD. Let’s say that $100 USD is equal to 77 Euros. The minimum unit you must invest is $10,000. You are going to sell if your investment drops by $1k. What is your risk? What’s 1R for you? It may sound complex, but it is very simple. If you’d close your position if it drops $1k from $10k to $9k, then your initial risk is $1000 and that is equal to 1R. R represents your initial risk per unit. Let’s say that you have noted on your trading journal the following trades: 1. 400 CSCO at $23 - R $1000 - P&L $2,317 2. 80 IBM at $80 - R $1000 - P&L ($813) 3. 300 VLO at $50 - R $1000 - P&L $3,413 4. 400 HRB at $51 - R $1000 - P&L ($1,531) The R multiples for these trades are: 1. 2.32 R 2. -0.81R 3. 3.41R 4. -1.53R The average R for your system is: 0.84R Expectancy really refers to the mean (average) R-multiple of your system. As a trader, if you want to be successful you need to start quantifying your trading performance. You should always calculate your R-multiple and it’s average (expectancy). The expectancy of your system is the average of the R-multiples (both positive and negative) of your system . It tells you what you can expect in terms of R, on average over many trades. This information is pretty straightforward and easy to grasp. In our example above if we have a system with an expectancy of 0.84R and we risk 1% per trade we should expect a profit of 0,84% per trade. After 100 trades you should be up 84%! The average however is not the total picture! To understand how much your system can deviate from the expectancy, you must not only know the average R-value, you must also know the variability of R or standard deviation. The variability will tell us how far away from the mean most samples are likely to be. It would be great if all samples were at mean, but this is never the case because it would mean that there is no variability to the sample. Now you truly understand why the 3rd and 4th golden rules that we mentioned in the first article are very important! Trade with care. If you like our content, please feel free to support our page with a like, comment & subscribe for future educational ideas and trading setups.
TVC:GOLDEducation
by financialflagship
20
The Golden Rule of TradingOne of the fundamentals that every trader must know is how to evaluate the effectiveness of his trading methodology. In this article, we will explore core trading fundamentals that you must follow in order to survive and thrive in this business. 1. Never open a position without knowing the initial risk that you are willing to take. The initial risk is the point at which you will get out of the position to preserve your capital. Very few people have the psychological makeup to keep a mental stop loss and respect it 100%, that’s why for the rest of us, there is the stop-loss that will automatically close our trade for us at a certain level. 2. Define your profit and loss in your trades as multiples of your initial risk. These are the R multiples. If your risk is $1000 and you make $3000, you have a 3R win. If your risk is $1000 and you lose $1200, then you have a 1.2R loss. You must start to think in terms of risk/reward. 3. Limit your losses to 1R or less. If you don’t respect the stop loss that you have set and let a losing trade run then you are in real trouble. This mechanism produces 4R losses or larger and can turn your great system into a losing system very easily. 4. Make sure that your profits, on average, are larger than 1R. Let’s say you have one 5R profit and four 1R losses. If you add those up you have 5R in profit and 4R in losses, a net gain of 1R. Even though you lost money 80% of your trades, you still made money overall because your average gain was big. This is the power of having an average gain larger than 1R. What is typically known as the golden rule of trading is a summary of these 4 rules: “Cut your losses short and let your profits run.” Here we are talking about doing your best to make sure your losses are 1R or less and that your profits are much bigger than 1R. In 2002, the Nobel prize for Economics was awarded to Daniel Kahneman, a psychologist and economist Amos Tversky for their development of “prospect theory”. This theory when applied to trading/investing showed that people have a natural bias to cut profit short and let their losses run, exactly opposite to the golden rule. 5. Understand your trading system in terms of mean (the average R) and the standard deviation (variability in the results) of your R multiples. Your system, when you trade it, will generate a number of trades. The result of those trades can be expressed as a multiple of your initial risk or a set of R-multiples. You should know the properties of that distribution for any system that you plan to trade. And the majority of the people who trade the markets never know this. If you spend some time and calculate the mean and the standard deviation of your R multiples, you’ll know a lot about your system and what can you expect from it in the long run. Trade with care. If you like our content, please feel free to support our page with a like, comment & subscribe for future educational ideas and trading setups.
TVC:DXYEducation
by financialflagship
100