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Moneymanagement

EURNZD Buy UpdateSee my last trades of this pair, been trading it since the bottom of the weekly channel. Since the last update and entry at 1.7250 area, pair is currently up 500 pips with lots more opportunity to go. Indicators: 1. Weekly upward channel holding and pair bounced off bottom of channel. 2. Weekly RSI in buy zone. 3. We are creating higher highs and higher lows. Entry @ 1.7630 area (past resistance becoming new support. Expecting pair to retrace down where we can reenter safely. TP 1: 1.7900 TP 2: 1.8537 Good luck trading! Charles V www.cvfxmanagement.com @cvfxwealth Trading made Simple 20% July 2020
Long
by cvfxwealth
GBPUSD SELL?Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏. Analysis of #GBPUSD After a bullish uptrend theres always room for a correction. I will only be shorting GBPUSD if the following takes place: 1. We brake the past uptredn structure 2. We close 3 consecutive times strongly under the 0.786 Fibonnacci 3. We close prices under the 1.26171 key support/resistance level ⚠ Please note the ideas is valid only if it happened as I said above Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌 Check today analysis below Stay safe everyone _____________________________________________________________________________ Before trading our ideas make your own analysis. _____________________________________________________________________________ Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only
Short
by SKLAXFX
scalp short-term trade on LINK +7.0% prfofit target Fairly bullish on LINK, holding up better in correction compared to BTC and ETH by a few percentage points. ALso, technically looking stronger on the charts. I think a fairly good probability of a retest of the highs fairly soon ( 60% ). So, I have a scale-in buy strategy in 3 instalments...the first trade assuming investing 20K here. is: 1. buy 600 shares ( 1/6 total position size) market around 3.97 2. buy another 600 at 3.83 for an average first 1/3 instalment of 3.90 3. If runs to target at highs of 4.17 take full profit second scenario 4. if corrects further down -7% enter again at 3.63 another 1/3 or 1200 shares 5. Hold until makes a profit on average price at 3.763 for +7% or 4.027 third scenario 6. if corrects a further -7% enter again etc and take profit on whole average price at +7% There is no stop-loss on this strategy because it is based on probabilities only and this is risk capital. I believe it will retest those highs even in a catastrophic loss in the next 3-6 months and I'm happy to HODL.
by Aussie-scalper
PSYCH level trading Our strategy only involves trading psych levels due to price reacting from these levels. We are willing to lose, however, when we win we win more and recover from our losses I will be testing this strategy on all pairs 100 times and will be discovering stats, #of wins/ # loss / risk reward etc... AUDUSD inversely correlates with EURNZD. Therefore I will be watching both pairs and adjust or cancel trades accordingly. I will be patiently waiting for price to reach my buy stop .
Long
by ciisemoney
1
Has the stock market hit bottom? Ways to tackle the marketAfter the bottom formed in 23 Mar 2020, the US stock market has been trending upwards and it has since gone up by 30% from the low. The S&P 500 index ( CME_MINI:ES1! ) has gone up from the low at 2174 to more than 2800 as of today. There are even dozens of stocks rallied up by 50–100% during the same period. So, has the stock market hit a bottom already? Looking at the past events such as in 2008, 2000, 1987, etc…the bear market started from the peak on 20 Feb 2020 to the bottom on 23 Mar 2020, which lasted only slightly more than a month, could the shortest bear market in the history. The momentum and speed of the V-shaped rebound from the low till now is also unusual compared to the past events. Let's take look at 2008 and 1987 to see if we derive anything useful out from the history markets. Watch the video for a walk through of the past market history. The volatility index (VIX) has started to unwind since 18 Mar 2020. The texture and character from 6 Apr 2020 is different compared to the period from 24 Feb - 3 Apr 2020, which suggests a less volatile and more "normal" market session, where risk-on or risk-off mode corresponds to relevant assets. For traders and investors, it is important to keep an open mind to consider different possibilities and have the right money management strategy that you are comfortable with before participating the market.
CME_MINI:ES1!Long
by mingjong
2
👉🏻Money Management and Risk Management👈🏻🔊I would like to talk a little about money management and risk management. 🙌🏻That’s very important in trading. Because trading isn’t only psychology. 🙅🏻‍♀️Your financial result depends on how competently you can manage your available capital💸. 🤜🏻Risk management - determining the maximum position volume in a transaction and the maximum stop value. 📌 Never enter the market with one position on all available capital. The most common money management tactics: ⭐ trade in all capital ⭐ fixed lot ⭐ fixed percentage ⭐ optimal percentage ⭐ safe percentage ⭐ fixed proportion 👌🏻But no matter what money management tactics you choose, the essence will still the same - you should always consider your risks (the amount, that you will lose in transaction). If you entered the market, you should always put stop loss, and keep in mind the price level after which you MUST exit. ( How correctly put stop loss – click here ) 📌You’ll win only when the average value of your profits will be higher than the average value of your losses. ✔That’s the concept of positive mathematical expectation✔ ❣Do not worry about your losses❣ THE MOST IMPORTANT RULE IN THE MARKET: 🔴 DO NOT STOP! 🤜🏻Only with your mistakes you will learn to be successful.💋💋💋 And of course, 👉🏻don’t forget about improvement of your skills.💪🏻 😉Read my training posts and everything will be cool :) 🌹Stay with me🌹 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
10
BTCUSD: possible long scnearioTechnically speaking, BTC has broken out from the triangle chart pattern on 4h timeframe... ...so entering from around 6600 with S/L around 5650 and T/P around 9200 (previous March high) price levels provides decent R:R opportunity. Fundamentally, BTC was under pressure as other major markets and I am not sure we are not going to see lower levels in the coming days/weeks, but before that another bull rally is quite possible. Keep in mind, that It's important to follow predefined risk and money management rules. // I would very much appreciate if you support my work by hitting like .) Feel free to share your opinion/position via comment and follow me to stay updated.
BITSTAMP:BTCUSDLong
by GIgor_021
2
Risk ManagementAs I promised, I publish the post about risk management. There are different types of risk management, but I will share one of the best in my opinion. When you trade futures you have no control over what is happening in the market, the only thing you can counteract is your stop orders and it depends on the volume of your position. Nothing more depends on you. You can try to control the market with your thoughts, meditations, prayers, you can try anything, but it doesn't work and it's not surprising :) What is under your control is stop loss. Don't overdo with your trades - it's when you trade too big contracts or when you trade too often. Here too, there is the considerable cause that pushes you to trade too often: you look at small timeframes and afraid to miss a profitable trade. Your problem is likely to be that you have a large number of open positions, so I will tell you how big your position should be. One simple mathematical method will help you. You have to determine the amount you are willing to risk. Say your trading account is $100,000. And you need to decide what part of that amount you want to risk on one deal. Someone might say I'm a very risky guy, I'll risk 20%, the other - 15%, and the other only 2-5%. The more percentage of your deposit you use in a deal, the better chance of zeroing out your deposit. You have to determine your risk factor. Usually, in an aggressive strategy, the risk is 10-12%. You always need to understand what percentage of your money you are willing to risk. If you know exactly what your maximum possible loss and use the appropriate stops, then you can't lose more than you have specified. Of course, you need to take into account some possible slippage. Let's assume that you set for yourself a maximum loss of $500 on a trade and don't risk more than 10% of your capital. Then the risk factor of my $100K trading account is $10K. So you only risk $500 per trade and be able to make 20 failed trades straight. After 3 unsuccessful trades, as a rule, I close the terminal and go out for a walk or drive a car, after an hour I return and make no more than 2 trades Formula: Your balance multiplied by risk percentage(e.g. 10%) and divided by your maximum possible loss (stop, e.g. $500) and as a result we get the number of contracts that you can trade. 100,000$ * 10% =10000$ 10000$ / 500$ = 20 Number of traded contracts You can see the formula on the chart It's all about money management, once you earn more money you can open more positions, and when you get a loss the contract volume decreases too. Fact of life, if you bet big you are guaranteed to lose big. Money management must begin before you enter the trade. You should know how many trades you can trade and how much you can risk for each of them. Never invest more than 20% of your capital if you are experienced, and 10% if you are new with trading. Don't trade more than six markets at a time. When you feel sure that you can't lose, it's time for the biggest risk of losing everything. Fear allows you to be careful. You must risk no more than 5% of your capital per trade, regardless of your experience. Remember, the markets aren't sweet candy, they're brutal, and many people, without realizing it, lose their deposits. The market is a puzzle without instructions. I hope I a little bit helped to put your puzzle together. Respect the market he is your teacher With respect, EXCAVO.
BITSTAMP:BTCUSDEducation
by EXCAVO
44