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Sustainable

XCH can go down againThe downtrend is still intact even after the +100% from ATL to it's last high (+65% to current price tag). I am not very optimistic that it will keep staying above the daily MA50. If it stays above the next challange will be to get above the weekly MA20. * It is possible that the price will rise over the resistance, that could also bring the trend above the weekly MA20 * Price can stay between ~ 35 and ~ 45 USD for a while in a sideway trend * It is likely, especially if BTC and ETH dump again, that the bottom will be retested * It is possible that the "maybe bottom" is not the bottom. Next bottom target would be ~ 15 to 20 USD in that case As always, no financial advice, just my 5 cent.
by Just4FunTrader
6
What Does Consistency Mean In Trading ? Hello traders: Today let's talk about “consistency” in trading. Many traders understand they need to be consistent, but what exactly is consistent in trading ? To me, it's not just making consistent “profit”, rather it's being consistent with your trading strategy, risk management, trading psychology, mindset and emotion. Let's take a look at a few examples of consistency in trading: Consistency in profits: More often traders think about hitting a set amount of % return in consistency. This is certainly one way to look at it, but I would say to challenge ourselves to do more. Each and every month, the market will develop differently, hence our profits are not gonna always be the “same” each and every month. Some month with more profits, some month with more losses. We need to have the ability to stay “consistent” no matter what the market condition is. Consistency in strategy and Trading Plan: Remember, there are many different trading strategies out there. The ability to stay “consistent” with your current trading strategy, and not jump from strategy to strategy. Even if your strategy right now isn't getting any entries available in the current market condition, while others are entering trade, you need to stay consistent with your strategy and let the probability play out. Understand no strategy can catch every move in the market. Some will catch this particular run, while others will catch other developments. Consistency in risk management: When you are at a series of drawdowns and losses, the ability to stay “consistent” with your risk management. Not risking more than 1%, not entering more than 2-3 trades at a time. No revenge trade, and/or over leverage trade. Respect your SL and honour the SL. More often traders fall into this stage while they take a number of losses and throw their risk management out the window. Consistency in mindset and emotion: When your strategy isn't playing out on a short term, the ability to stay “consistent” and not to start randomly taking trades based on FOMO, Greed and emotion. Sometimes traders get impatient and feel like waiting for setups to happen is a hassle and they don't want to wait. This is when they start to rush their trading journey and backfires on them. Consistency in your goal: Set goals for your result and progress. The ability to stay “consistent” with yourself and don't let external factors like social media, fake guru, scammers affect you and your goal. If you plan to have 5% per month profit, then don't let other people affect you in a negative way. Everyone trades differently, and with different strategy, method and approach. No need to compare and compete with others, rather, with yourself each and every year. Below I will forward some good educational videos on the above topics that we have discussed: Trading Psychology: Revenge Trading Trading Psychology: Fear Of Missing Out Trading Psychology: Over Leveraged Trading Risk Management: Combine everything you learn to prevent blowing a trading account
Education
by jojofang0901
17
Verizon Returns With $1 Billion SaleThe telecom giant sold the bonds in one tranche maturing in 30 years, according to a person with knowledge of the matter. It yields 1.55 percentage points above Treasuries after initial price discussions in the 1.7 percentage points range, said the person, who asked not to be identified as the details are private. This is the fourth $1 billion green bond transaction from the phone company since it first tapped the market in 2019, according to data compiled by Bloomberg. Verizon plans to allocate an amount equal of the net proceeds to fund renewable energy facilities or purchase of renewable energy, the person said. Global sales of green bonds -- the largest category of sustainable debt by dollar volume -- reached a record $514 billion last year, from about $234 billion in 2020, according to data compiled by Bloomberg. Climate Bonds Initiative, a London-based nonprofit, estimates issuance could reach a high of as much as $1 trillion by the end of this year and up to $5 trillion by 2025.
NYSE:VZLong
by morgaiswapez