Here are the Elliott Wave Theory rules showing how each wave tends to work out in comparison to past waves, the key correlations with the Fibonacci levels. and approximately the percentage of time that price tends to stay inside each Fibonacci level. This is a quick reference cheat sheet for those wanting to track Elliott […]
What is an edge in trading? An edge in trading is simply a process that allows your winning trades to add up to more than your losing trades do over the long term. An edge can be that your winning trades are so large that they make up for your losing trades and more to […]
When we talk about influencers, we usually think of these trendy Gen Z thingaboos on Instagram and TikTok. And if you want your promotions to stand out, you can’t simply recycle your YouTube ad and upload that same concept on TikTok or Instagram Reels. It doesn’t work that way. It’s all about aligning with the […]
Bitcoin , time for 2nd wave down?I think BTC should take SL of bulls before any rise
Yes, this is risk management. Without proper risk management, your trading strategy based on levels, indicators, patterns, etc.will not make any sense.Any trading strategy should be supported by strict risk management, where the maximum allowable losses per transaction and the risk ratio are observed:the profit is always more than 1/2. You don’t have to be […]
What were the greatest trades of all time? Here is the list of the who, what, when, where, and how of the greatest trades in the financial markets were made While the risk management of executing many of these trades is not what many traders would want, we can see many of these as trend […]
Just thought I would show you an interesting way to see who is making the right calls before a stock or (crypto)currency makes a significant bullish or bearish move. (PS not really a crash, more of some profit taking and a pullback to support. Be interesting to see what happens over the next few days though.)
I never understood why traders held losing trades for too long. Our goal is to make money, isn’t it? And yet, we’ve all held onto something negative for too long; a losing trade for a few days, a bad marriage for a decade, smoking for a couple of decades, or any number of other things […]
A new article on Martech.org says that as B2B and B2C buyers do more online, the CDP’s ability to unify profiles is more useful than ever before. The author says that while the global pandemic may have had a dampening effect on business in general, it also seems to have raised interest in precisely the types of […]
