QUALITY OVER QUANTITY. And this is quality!There is a common problem people have, they see a set-up because it "sort-of" fits their strategy and take the trade. This is because people encounter FOMO (Fear of missing out).
The markets will continue to play out long after any of us are still alive. There are endless opportunities, so why take any old trade? Always choose the best QUALITY trades over LOTS of trades!
You will only be successful when you take quality trades. Even if your trade looses and you look back and can say to yourself "Ahh well its one loss, I did everything I could to my full potential it didn't work out.I'll Move on"
There is an opportunity presenting it's self soon here I think, but in the opposite direction I am fundamentally driven. So I move on, if it goes where I expect without me, that's fine. At least I can look back and be glad I didn't go against myself just to be in the market.
This is a big part of the Psychology trades always talk about. I'll go further into detail in the future but for now stay away from poor trades.
QUALITY over QUANTITY always!
Go get it!
Winning
THE TREND IS YOUR FRIEND... but don't trend trade!!As you have probably heard do not trade against the trend. I'm going to assume you know what this means but if you don't read the bottom paragraph first.
Trading with the trend is obviously much more beneficial to us, and its clear why we shouldn't go against it. But have you tried being a trend trader? Aka a person who tries to identify trends and rides these huge moves out and scales in along the way?
For starters markets range 90% of the time, so only in 10% of market conditions are you going to succeed. Assuming you don't miss the big move because of all the previous losers and break evens you had in ranging conditions which filled you full of self doubt.
There are people who successfully trend trade, and I ask myself why bother??? It is such a struggle, you have to go through so many loosing streaks and keep calm and collected until that big move comes and you're in on it. For me that is too much stress and too much of a strain on my brain.
Trade with the trend when there is one of course. Only buy if there is a clear uptrend and sell if there is a downtrend. But in my advice I would steer clear of trying to follow the trend orcatch these big moves; you'll get chopped up hard in between!
I like it simple. See where people just got wiped out by the banks and follow the big boys.
Do you want to join our gang Haha?
You stay classy San Diego.
***** Trading with the trend is only buying in an uptrend, and only selling in a downtrend, if you do not know what a trend is, message me or google "How to identify a trend in trading" *****
LIKE TO PLAY? MUST CHECK THIS MARKUP! EURGBP 15/11/2019Hello Traders! Witaj!
We would like to introduce u to a funny game.. :)
Chcialbym przedstawic Ci smieszna gre :)
Basically, all u need to do is to collect the hearts and watch for pigs and thunder signs, targets are marked with sign ;)
Zasady sa proste - musisz kolekcjonowac serduszka, uwazac na swinki oraz znaki piorunka.. Posrednie cele sa zaznaczone celownikami.
Heart in the box - a place to jump in/out
Target signs - the first target to focus on
Thunder signs - spot to react - possible jump to push into reversal
PIG in box - places to be aware about possible few different type reactions from this level
Have fun with it, and remember - this game is about the patience and to keep yourself cool, whilst not being greedy.
Don't forget to like it if it was helpful to you. We appreciate the likes and comments.
Jesli podobal Ci sie material zostaw like:) Masz pytania - pisz smialo :)
Thank you,
Dzieki za uwage :)
GOD BLESS U ALL!
GBPNZD 2/10/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
MARKED LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!
$BTC Trading Strategy (83% Hit Rate, 46 Profit Rate, No-Repaint)83% Hit Rate, 46 profit rate, NO RE-PAINT.
0.01 BTC for full-time access. (no-time limit)
Message me your email address, so we can maintain contact.
Once you send 0.1 BTC
I will send you a tradingview chart with the indicator set-up, along with details on how I like to trade it.
If you have any questions, please comment below or message me.
Lisk on the Daily Breakout!Hey guys, It's been a while. I hope you have been well. I was away focusing on my trading system, and I think you will be pleased. I'll let the results speak for themselves.
So Here on Looks like a potential breakout, approaching the 200 moving average on the Daily time frame. Volume picking up, and 20-40-55-81 moving averages supporting.
I would do something like this.
#LSK/BTC
Exchanges: Binance
Signal Type: Regular
Entry Zone: 0.0004025-0.0004100
Take-Profit Targets:
1) 0.0004400
2) 0.0004600
3) 0.0005000
4) 0.0005500
Stop Targets:
1) 0.0003400 - 100.0%
tZERO Launched, looking good if they can spin out retail.Overstock has a lot going on an is changing business models. Some targets for you guys if things go according to their plan this year.
GBPJPY Bullish TargetsTarget Prices for GBPJPY FX:GBPJPY
Bullish to 145.90 level
Confluence:
Fibonacci 61.8 retrace on 4 hour chart.
Moving Average bullilsh on daily chart
Big Bullish Candlestick from 61.8 retracment level on 4 hour chart.
NOTE: TRADE WHAT YOU SEE , NOT WHAT YOU FEEL . BETTER DAYS AHEAD THAT WAY .
Stay winning , stay wealthy my friends .
How to become a millionaire scalpingIf price goes inside the purple band, we'll revert to it's center.
Just hit play.
Journey of 1000 psychological trading hacks.Join me - to boldly go where 'no man' has gone before. This is the Final Frontier.
I take on the big issue - head on.
This is the one that is more likely to make the biggest difference to achieving consistent profitability.
I assert that it technical and fundamental analysis are not most important issues in trading - at all! If 'everybody' could simply do proper technical and fundamental analysis and make load of money, then everybody would be rich. It's never happened. It ain't gonna happen!
I say that our enemies lie within. I say that dealing with the enemies within - by self-analysis, is the path to unlimited gains.
AND - it's not just me saying so.
Could this be your 'Mission Improbable' or your 'Mission Possible'? The choice is yours.
This post is in keeping with Tradingview's text-based analysis guidance
Cardano (ADA) Nearing Bullish Gartley CompletionSince I haven't been following or trading Cardano for some time, I have no fundamental data to chase the technicals here. Trade is based on raw pattern identification. Typically I would say to place stops below X, but in this instance it might make the R/R unfavorable for the trade, so use your best judgement based on support levels. For more information on what the Gartley Advanced Pattern is and/or how to trade it, see below. In a two target set up, PRZs are identified on the chart. Best of luck!
www.tradingview.com
I've gone BTC surfing and I love it. RIDE THE WAVES!Okay dudes, I haven't posted in a while. I was working on other things but I'm back now.
Here you can see BTC went for a sick descending wedge and totally caught some bodacious price action out of the wedge.
BTC is now hanging loose with the 12345 up, keep in mind that this pattern is forming a rising wedge at the top so that is kinda bearish, but it could break the pattern with some long sideways movement on wave 4 which would signal ALT season again.
The other scenario, which is bullish is if this goes up to meet 9500-9700 then comes back down, the rising wedge completes and then we get an inverse head and shoulders which is another bullish pattern.
$ilver Technical Analysis: Bulli$h Breakout$ilver is trading inside of a symmetric triangle. These triangles are continuation patterns 75% of the time. The triangle should break higher or lower within the next couple of weeks. In addition, an inverse head and shoulders is also in play. My play on this move is TAHO, BCEKF, FSM and HL. LOCKED AND LOADED BABY. FOMC day is next Wednesday at 2:00pm ET. This decision could decided which way $ilver will breakout. I am BULLI$H.
Here is information on symmetric triangles and inverse head and shoulder patterns:
Symmetric triangle: stockcharts.com
Inverse head and shoulder:https://www.investopedia.com/…/i/inverseheadandshoulders.asp