Ethereum (ETH) Crashes 10% On Merge Delay, Is $1200 In Sight?According to data from coinmarketcap.com, the second-largest cryptocurrency crashed over 10% to $1,588.57- its lowest level since March 2021. The token is trading down about 56% this year, and has fared far worse than its bigger peer Bitcoin.
Ethereum’s latest losses were triggered by several factors. A delay in a planned difficulty bomb, which is intended to eventually phase out mining on the chain, is the most recent source of downside pressure.
Despite a successful deployment of the merge on the Ropsten test net this week, Ethereum developers decided to delay a planned difficulty bomb.
The move potentially pushes back a planned phasing out of mining, raising concerns over a delay to the merge.
It also casts doubts over a forecast by founder Vitalik Buterin that the merge could occur by as soon as August.
The merge is one of the most anticipated events in crypto this year, given that it would make the second-largest blockchain entirely proof-of-stake.
The move is expected to make Ethereum more accessible to retail and institutional investors and is also expected to increase community participation in the chain, boosting token prices.
Money
GBP/JPY: +50 Pips From The Second Entry +150 Pips Old Entry!This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Alerts are the Best TradingView FeatureSo you do your technical analysis, draw your levels and add Alerts on your chart...
You forget about the chart and the asset (in this case Natural Gas) until your phone rings:
Tradingview Alert, ''Natural Gas on Major Resistance''
Next step is the Sell button at one of your trading accounts...
I can go to the beach and live off my alerts but i am still here for the few of you that i have a positive impact on.
Make alerts work for you or be clever enough to use mine...
One Love,
the FXPROFESSOR
BTC/USDT ANALYSIS It bounced from the point of control support and currently facing horizontal resistance. It is again back in the previous range and a rejection from the current resistance will confirm further consolidation in between the marked horizontal support and resistance zone, while a sustain breakout will confirm an upward move + with other words we need a daily candle to closes above 32100$ . if not dont worry the next days would do.
the next 6 weeks will decide how the market will behavior.
wish u 1 mili on ur trades ^^
much love all of u ! u basters !
enjoy the analyses and follow me if u like my style in trade ;D
don't forget the big like I grow up throw and with yoU!
best grads the monster of crypto MR. MP
One of Most Bullish Days for Ethereum: $750 billion Shorts As per liquidation information on the digital currency market given by IP TRADE, Ethereum saw one of the greatest liquidation volumes over the most recent couple of months, on the off chance that not years, with nearly $800 Billion worth of orders being vanished from the market.
Such a huge liquidation volume showed up after Ethereum skipped off the helpline at $1,715 and acquired around 4% of its worth. The crush has undoubtedly seemed due to dealers' and financial backers' conviction that the second greatest digital money available will dip under $1,700 and hurry to the following help at around $1,500.
Man Who Tied Woman Up and Stole $3B in BTCUSD ArrestedA man who took $3 billion in bitcoin during a savage burglary has been captured — 7,000 miles from where the supposed wrongdoing occurred.
The man is blamed for breaking into a home in California, binds up a lady with conduit tape, and moving millions from her record.
The 31-year-old supposedly wore ski goggles, a hood and gloves during the bold assault. Investigators say he took steps to torment the casualty with a blade — and utilized an iPad staying nearby his neck to give guidelines.
The man in this way escaped to Taiwan after the robbery in March, with American specialists finding him and making a trip there to keep him.
At the hour of his capture, he was found with $18,000 in real money — close by a tablet, PC, crypto wallets and extra proof of his wrongdoings.
He is currently back in San Francisco where he has to deal with penalties of first-degree private robbery, seizing for payment and criminal dangers — and stayed quiet when stood up to by correspondents at the air terminal.
How much leverage should I be using?Understanding how to trade forex requires detailed knowledge about economies, political situations, all the individual countries, global macroeconomics, the impact of volatility, it goes on and on. But the reality of the situation is this isn't what makes most new traders fail. What makes most traders fail isn't the lack of knowledge or understanding of what it is they're actually trading. It's the lack of knowledge and understanding on leverage.
As most of us would have heard, there is very obvious statistic out there that majority of retail traders fail. Now, most people will see this as a lack of competence and just purely not willing to put in the effort to be successful. But a lot of the time it is people not understanding the risk their undertaking and what it is they're actually doing with their money when they enter the market. It really highlights this when traders come to a firm like ours, and question leverage or they have so many questions about leverage that even though they've been trading for three to four years, they still don't fully understand the actual risks that are at hand when they are opening certain positions that they really can't afford to open.
Today I wanted to jump into leverage. Let's really dive into depth what it is, why we have it, how we can use it. Then, finally touch on what is the right amount of leverage for you as a trader. So you can be exponential in maximizing your profits, but also ensuring that you're not damaging yourself long term.
LEVERAGE RISK
Firstly, I think it's important for us to have a look into leverage. Leverage is the process in which an investor or trader borrows capital in order to invest or purchase something. Typically we borrow capital from a broker and we buy into positions with money that we didn't have in order to be able to gain more profit from those positions. Most traders are blindsided and constantly think the more money I have, the more profit I can make, which is true, but they fail to recognize that the more risk it carries.
Carrying higher leverage is an exponential increase in risk. Most brokers out there will probably offer you something like 50:1, 100:1 or even 500:1 leverage. This giving you a buying power of 50, 100 or even 500 times whatever the amount of money you have in your account. Which means a trader with just $100 in a brokerage account could open a position with $50,000 in the market. Now, while that may sound advertising, believe me, that's a trap and we're going to chat about that today.
HIGH LEVERAGE EXAMPLE
So let's dive into an example. Let's imagine we have a trader who has a $10,000 account. They decide to use 100:1 leverage, which now means with that $10,000 cash, they can trade up to $1,000,000 in the forex market. Let's assume that the trader opened a position with the full available capital which would relate to 10 lots, and they opened the position on a currency with the USD being the quote currency. That means that each PIP movement is equal to $100. So for a simple equation, if they were to enter a trade and that trade went against them by 50 pips, they would have lost 50% of their account because that 50 pips would have been equal to $5000. So in one wrong trade they lost 50% of their account.
So many people in this industry is so quick to look at what the realized gains could be, but they rather tend to ignore the actual risks that come with that. If you don't have sufficient evidence that your investment strategy is going to provide consistent and stable gains long term, do not look to trade with higher leverage, as you will be gambling and it is extremely risky.
LOW LEVERAGE EXAMPLE
Now let's use the same example, but in a lower leverage situation. The trader has $10,000 cash only this time he is trading on an account with 5:1 leverage, resulting in a buying power of $50,000. This means on a pair with the US dollar as the base currency that you can open a maximum size of 0.5 lots. Let's go ahead and take the exact same trade, only this time with a 0.5 lots, each pip is equal to $5. Should the investment or trade fall the same 50 pips this time the trader will only lose $250, which is a mere 2.5%. Same trade, different leverage, one lost 50% the other lost 2.5%.
It is a common trick out there that traders feel they require more leverage to really make money in the market. It's not true. Yes, it can help you get more profits from those smaller moves. Yes, it is really beneficial if you have a proven strategy. If you are still coming to grips with trading or you're fairly new and you haven't achieved consistency and profitability yet, focus on lower leverage. What it will actually do is make you focus on long term goals. Focus on the process this giving you more sustainability in the market and therefore more maturity.
CHOOSE THE RIGHT LEVERAGE
Choosing the right leverage is a very important step in Forex trading. You can be tapered in by fancy numbers and big brokers trying to get you in, Or, you can realistically dive into what it is you actually need and what's going to benefit you more in the future. There's no right answer to how much leverage you need each strategy in each individual require different things, but what I will do is share some tips and some knowledge on how to choose the right one that benefits you.
1. Always try and maintain the lowest leverage you possibly can for your strategy. If you manage to pull it right the way into where you can only just open the positions on the risk you have allowed yourself, and you can't open more than, lets say three positions, what you actually do is limit yourself to focus on only the good positions. You've prevented over trading from occurring and you can really focus on your risk management.
2. When you open positions or you talk about opening positions instead of going to people saying, "yes, I opened 0.35 lots." Use the actual dollar value when you open a 0.35 lot position. Instead, say "I opened a $35,000 position." Talking in that language that you have placed your bets with $100,000 or $1,000,000 will make you realize how much risk you're actually exposing yourself to and the capacity of what it is you are trading.
3. Limit your overall risk, at absolute Max, I risk 0.25%. This allows me to go into large drawdowns and it not be an issue. I can still manage it accordingly in it actually keeps me nice and calm and focused on the analysis rather than the running profit and loss.
The bottom line is selecting the right Forex leverage depends on the traders experienced risk tolerance and comfort when operating in the market. You want to ensure that it's not out there to harm you, but rather it's there to help. You do not want be trying to get really high leverage so you can make large profits, when you know realistically, there is no evidence to prove that you will make those high profits. Start small, gain consistency, gain exposure and gain experience, and then you can start looking to expand your equity and buying power.
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!
I expect the cable to drop. It may surpass slightly the support I expect the cable to drop. It may surpass slightly the support but in the end, it’s going down.
There are no positive reasons as to why the cable would rise.
Fuel at all time high. Goods. Energy.
In the end, the UK will enter a recession by the end of this year.
Please comment and like so I can participate more with all of you :)
📌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!
OIL New Setup After Breaking This Minor SupportThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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.
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.