Use Leverage Wisely (or not at all): While leverage can amplify profits, it also magnifies losses. If you use leverage, understand it fully and manage...
Archives
2024
Avoid Prediction, Focus on Probability: Instead of trying to predict the market, focus on probabilities. What are the odds that your strategy will work based...
Risk Management is Key
Never risk more than you can afford to lose. A common rule of thumb is to risk no more than 1-2% of your total trading...
Understand What You're Trading
Whether it's stocks, forex, commodities, or cryptocurrencies, know the specifics of what you're dealing with. Each market has its own dynamics, trading hours, and influencing...
Twitter (x) is a great tool to gauge market sentiment and research projects to invest in. Sometimes you can spot counter trends and get a...
There's more than one way to skin a cat. We don't need to get bogged down watching gazillions of YouTube videos to end up with...
Based on several brokers’ studies, as many as 90% (more likely 95%) of traders are estimated to lose money in the markets. So take what...
Wait for the trade to come to you
Using support and resistance levels I drew a squiggle of where I think the price will go. My bids are set in the yellow box...
How to pocket watch cryptos
1. Use Dexscreener or GMGM 2. Scan a token you like or something under filters such as > $20k minimum liquidity, > $1m market cap,...
Rules to short a stock
Other tips: • TradingView: Add VWAP (blue line), 200 SMA (purple line), Volume • Watch on 5 mins at pre-open • Use TradeZero for shorting...
Remember: all crypto and penny stocks are going to zero one day so be sure to lock in gains or be ready to short after...
Close your trades
Risk management is the hardest thing to learn - despite planning the trade 100%, I round-tripped all the profit by not closing the trade near...
Use a Stock Scanner
Identify top stocks to take an entry. Use any scanner you want. TradingView has one built it, FinViz is another, I built a mini scanner...
There's always another trade
Sometimes you miss setups because you don't know when exactly they will strike (or you might be asleep). But that's ok. The market gives chances...
Trend Line Strategy
Rules: - 4 hr chart only - wait for several touches of the trend line - enter when the trend is broken
#1 Rule; Cut Loses Quickly. It’ll save you from your ego.
Don't give back to the market
Lesson LearnedWhen you reach your profit levels marked on a chart, take the profits despite your feelings, the feelings on Crypto Twitter or anything else....
