I am currently happy with my Forex trading (examples in comments). I'm wanting to expand to stocks but I feel lost.
TL;DR I feel brand new to day trading anything other than currencies and I'm having trouble finding the right resources to get started. Help? Will trade answers regarding trend trading. Hey folks, I've been involved in Forex for about 6-7 years now. Light bulb moment happened right around 2 years ago and I'm content with the growth rate of my account since then. I trade very, very simply. I look for established trends on higher timeframes (8h, 12h, daily, weekly), wait for a pullback, and then enter with fib retracements and supp/resistance on what I perceive as momentum. The moving average serves no technical purpose. It's simply a different type of visual representation of price movement. There's nothing revolutionary here. eurjpy example https://preview.redd.it/hmko1b2t3id51.png?width=624&format=png&auto=webp&s=56ecf58261f211f7e7f6468507ce7a0edce779b3 audusd examples: https://preview.redd.it/rkifv53v3id51.png?width=774&format=png&auto=webp&s=315f2b381c7240cbcc23f49944f356faa8d4c5ef nzdcad https://preview.redd.it/uuzcshs4aid51.png?width=601&format=png&auto=webp&s=bbf806a28f5fe2bddf5e630da7f7d3f744ee9084 I want to expand into day trading but again, I feel lost. Small cap? Large cap? Reading tape? Scrapers? Volume aggregation? stock scanning scripts? Runners? Bag holding? Apparently shorting is a big deal? Penny stocks compared to "normal" stocks? which brokers offer what? ALSO, some of these charts feel chaotic at best. The choppiness just appears unreal. Price action in Forex can be choppy, but at least it's "smooth" in the sense that price opens at the same price the previous candle closed at 99% of the time. It doesn't really help that most of the youtube resources I've come across focus on getting rich quick, or aspects of trading that I do believe are important (psychology, money management, FOMO, indicators, etc.) but I do not need help with. I'm still improving, but I've got a solid grip on these aspects and they are not what I'm looking for. I guess what I'm looking for specifically is information on the nuances, technicals, vernacular, and details that are inherent in day trading stocks that don't exist in forex. Most of the stuff I listed in the above paragraph are accurate examples. I have zero interest in scalping Forex. I'm active duty with a full time day job which is part of the reason I strictly trade higher time frames. I've also found that the manner in which I prefer to trade is more reliable at higher time frames. That being said I am interested in getting into stocks as well as Forex and will have the option to move to second shift and trade the morning bell and all the liquidity that comes with it in the next couple months. I'm looking to get educated in the interim. It's likely that I'll eventually move into long-term trading with stocks as well, but who knows. Does anyone have any resources or suggestions for materials that touch on topics similar to what's listed above that they found helpful when first jumping in? I'm looking for the option to trade stocks, commodities, penny stocks, etc. Oh, I currently trade with Oanda through Tradingview and I'm considering TDAmeritrade. I can get around the PDT rule but I'm not in a hurry and would probably like to start with penny stocks with something like $5-10k I think? The problem is I'm just unsure. My personal philosophy is that demo trading is useless after buttonology. Instead I have found that trading small amounts of real money provides much better results in the long term.
Can you do astral charts on Egregors, for example the Forex Market or Disneyland?
I am a professional trader and started learning about occult a while ago, so I was wondering if by doing an astral chart (on when Disney was launched or the forex Market created) I could learn more. I know it's difficult, because it's being hard just finding the time, let alone the hour. If it's possible... Help please?
Can you do astral charts on Egregors, for example the Forex Market or Disneyland?
Thing is, I am a professional trader and combine with occult knowledge to improve my win rate. So I was wondering on stabilising rules for planetary influence as an indicator. I know it sounds nuts but I'm positive due to the behavior of the planetary rules under the physical beings. Problem is, finding the exact day of birth of the forex Market, let alone the time. Help?
06-20 06:54 - 'I trade on behalf of clients on the Forex market. My clients earn a 14% weekly profit on ROI ( returns on investment) for 12 months. For example you invest $10,000 , i would use your capital to trade for the next 12 month...' by /u/nellysmart1 removed from /r/Bitcoin within 359-369min
''' I trade on behalf of clients on the Forex market. My clients earn a 14% weekly profit on ROI ( returns on investment) for 12 months. For example you invest $10,000 , i would use your capital to trade for the next 12 months, and you would be earning nothing less than $1,400 weekly. ''' Context Link Go1dfish undelete link unreddit undelete link Author: nellysmart1
Incredible, all Qubic payouts will be with IOTA tokens
The text is lengthy, but this is what I've gathered from reading the posted content. Qubics are smart contracts tied to real world data by oracles. What makes these oracles special and accurate is that it can use several oracles to provide a % result or confidence interval. The creator of the Qubic will set the % consensus required to trigger a true or false result. The rewards for the oracles are ALL PAID IN IOTA which should lock up the IOTA in the QUBIC transaction until triggered by metadata that the owner of the Qubic writes. The IOTA is paid out as a reward to the oracles for their proof of work or computation. I.E. Warriors vs Cavaliers. You want to place a bet with 365bet so they write a Qubic that pays you x odds if Cavaliers win. They want a 100% consensus and want to verify it with 5 oracles. If all 5 oracles show results of Cavs winning, they pay you, and they pay the rewards to the oracles for verifying the computations in IOTA. This has enormous implication for much more than gambling of course. It can be used to transact puts, calls, shorts,buys, sells etc in the financial markets using real world data provided by oracles. Just a quick google search shows that dated september 2015 over 315 billion shares are traded PER DAY. The forex example provide on the qubic site is another great example of massive implications of QUBIC. The Internet of Things (IOT) implications are also massive. Since all data from the oracles are posted to the Tangle, IOT devices can gather data from the tangle from other Qubics and can be used to execute other Qubics. " In other words, qubics can live on the Tangle in a dormant state. When specific input data becomes available or changes, they will "awaken" and begin processing, which may result in a cascade of other qubics waking up as new results become available." We will soon be able to set smart contracts that will be triggered by real world data via oracles in a trustless and decentralized manner. The IOTA ecosystem using Qubic and the Tangle is going to have enormous real world applications. Please add data and correct where I have misinterpreted or misunderstood.
Simple example of "data mining" implementation for stocks/ forex or any forms of trading
Would the kind folks on algotrading share with me a simple example of "data mining" applications on any forms of trading? I understand that "data mining" is more or less "extracting" or "uncovering" meaningful but hidden information from existing data, but I'd like to hear some practical examples from the algortraders themselves. (I'm a newbie in both data mining and trading - go easy on me folks!) Many thanks algortraders!
So i have 2 calculators on my phone that shows the forex of various currencies. And Google also allows us to see the forex. Example : USD AUD Google - 1.40 Calc1 - 1.41 Calc2 - 1.434 So my NSQ is if Googles rate is reliable as a Middle Rate for the purposes of calculations for physical FOREX buy n sell spread? (as in bring money to the money changer). If not, where would I find such a rate? For multiple countries, not just usd centric.
Any way to still trade while US market is closed? Such as trading on foreign markets or forex? Example brokers who offer this type of trading? Also preferably, the broker has an app i can trade with (iOS). Thanks.
I currently work full time working a 8 to 5 kind of job. I have plenty of time on the weekend and a few hours after work to invest my time into learning about the world of trading. I have about 20k in the bank to play around with. Not saying I feel comfortable with throwing all 20k into the market but that’s where I stand. What should I focus on with the life style I have should I do traditional stocks, forex, crypto, a little bit of everything. I’m not trying to be a full time trader but I was thinking about trading as a side job. Where should I invest my time.
I'm trading for 11 months with pretty good success. I never traded metals and forex before, just stocks. Today when gold started to consolidate at the last hour, I decided to scalp short it with a large amount, so I opened 100 lots. I haven't realised, in forex 100 (lots) doesn't mean "100 pcs", because I used to stocks and I went full retard without knowledge. Seconds later, I realised it means 10 million dollars (1 lot = 100.000, and I had 500x leverage). It moved up a bit and immediately I was down £4000. I scared as fuck and rather than closing the position quickly I hoped maybe I could close break even. The market closed, and I waited for the Asian session. The gold popped like never before, and I lost all my life savings (£55000) in less than two hours. (including the 1-hour break between sessions). If I count that I lost all my earnings as well, I lost around £85000. Here is the margin call https://imgur.com/a/XY5m4ZA https://imgur.com/a/VSgmCSs https://imgur.com/pRWl5g9 IC Markets closed my position partially in every 1-2 minutes until I shut it myself at £35. You know the rest of the story. I'm depressed, crying and shouting with myself. Yes, I know I was stupid, thanks. I just wanted to share this with you. Edit: WOW THANK YOU, GUYS! I haven't expected this, but you help me. Many of you asked the same questions, I answer it here: - I live in Europe, and we usually trade CFD's, not futures. - Currency in GBP. - As you can see, this account made on IC Markets. They not just allowing you a 500x leverage, it's the default. - You can ask me why I went against the market. Because gold is way oversold? Because I expected institutions would sell their shares before gold is hitting £2000, leaving retails hanging there. Also, as I said, I wanted to scalp, not riding the gold all the way down. If I had a loss of £100, I would close the position immediately. But when I saw the £4000, my heart is stopped, and my brain just freezes. - I went for a revenge trade with my last £2k, and I don't have to say what happened. I uninstalled the app, and I give up trading for a while. - Again, in the past months, I was cautious, I lost a significant sum in March, but I managed to recover. Made consistent gains, always with SL. This is just an example of how easy is to fuck up everything you did. - I didn't come here for some shiny digital medals. I can't tell about my losses to anyone who I know in real life. I would make a fool of myself. - Anyone who attacking me that it is a scam. Well, think what you want. I feel terrible and the last thing is to answer all the messages saying "You fucking karma whore". I don't give a shit about karma.
I'm posting a comment here. Hey! Every single strategy can be effective when backtested. But it has to be tailored to your particular psychology. You're a human being and you probably have a completely different mental makeup than me. I'll give you the practical breakdown for this strat. What you do is basically buy OTM calls or puts every single weekly expiry. The options which are worth around 10 rupees. Now, the probability of your trade is extremely low. Since 9 times out of ten, this option is priced this low for a reason. (Efficient market hypothesis). You know this based on your backtesting. I'm assuming youve gone back in time for a time period which covers all market cycles. (For the Indian market, it's 15 years since this last bull run lasted a while) However, the tenth time, the market might see a huge move in your direction and the option might expire at 100rupees. So you've lost 9 times. 9*10 rupee loss (multiplied by the lot size, but I'm ignoring that for this example so that it resonates across indices/stocks/commodities/forex) You've lost 90 rupees. But when you win that tenth week, you make 90 rupees! So it all evens out. This is the math. This is where your skill comes in. If you can figure out a way to be right 15% of the time instead of 10%, hey, you're rich! Coming back to psychology, are you okay with losing 9 weeks out of ten? In the real world, you could face eighteen straight weeks of losses. Followed by two great expires. Does your mentality allow you to stick to the plan even after eighteen straight losing weeks? If the answer is yes, then fantastic! Because mathematically speaking, the chances of the next week going in your favour have now exponentially increased! Also, huge thank you to Sir Stalking for taking time out and helping beginners. You're a real one, friend. ❤️
first weeks learning. I have some question, please?
Hello: I´m from Portugal. In the past 2 months i start to study information about Forex. I´ve been developing a model that looks quite promising. But i would like to get help in some questions, if you plase; 1) Is there anybody here from Portugal? If so, which broker do you use? Are they a Market Maker ? 2) Metatrader seems to block sometimes my laptop. So what are the alternatives? CTradeRr? 3) A more technical question: I came from SportBetting. In Sporting Betting position size is fundamental. I´ve noticed that risk management with Forex is a lot based on stop loss order. But i´m a believer in bankroll management, so i want to test all possibilities . An example: I have 2000 Euros. My model says to apply 8% of my bankroll. Would this be just a simple conversion to lot size? And if so, does it really make sense, since you are gonna apply a stop loss? Thank you guys.
Hi, good morning! You know martscrypto.com? Forex Binary Options Trading Cryptomes - Earn 8.5% per week, directly to your Bitcoins portfolio. - Earn 7 x the Value of your Initial Investment. Example: Invests 1000 that generates 7000 -Gain 10% of all registrations you make - qualifi /r/Bitcoin
Slack Group For Learning Crypto Technical Analysis
Hi, we have a group of 10 people in our Slack. We are looking to expand this number and hopefully you will be a good fit :) . We are searching for people who have some experience with technical analysis based trading or are at least experienced with paper trading. This could either be in Cryptocurrencies which is the main focus of the group. Or could be in other markets like Forex or Stocks. We have a variety of skill levels in the group from beginners through to profitable, we all want to improve quickly. Ideally you would have the same aspirations. One of the main goals of this group is to help each other to become consistently profitable traders who can trade as their full time job. Everyone in the group trades separately and has their own accounts. We don't want to sell you anything, we are just building a community that aims to help each other succeed. Some of the things we do in the slack are:
Group market analysis.
Discussions about fundamentals.
Deep dive into record keeping systems.
Group trade analysis.
Group strategy troubleshooting.
Risk management analysis.
Occasional social / fun events.
If you are interested in finding out more about the group or want to join, either comment below or Pm me with the below template. Expression of interest template: Name: Country: Time Zone: How much experience you have in trading: What you trade: Additional comments: --- Example expression of interest: Name: Ben. Country: Australia. Time Zone: AEDT (GMT+11). How much experience you have in trading: 6 Months. What you trade: Cryptocurrency spot and futures. Mostly BTC, ETH, ADA, LTC, ATOM, XTZ, ETC, LINK, THETA. Additional comments: I have been trading as a pair with 1 other person for the last 6 months. We have been meeting 5 days a week for those 5 months. Working together has been really beneficial for us. The slack group has been around for nearly 2 months now and has made a positive difference to my trading. It took the benefits I was getting from trading with 1 other person and multiplied them. If you have any other questions ask below :)
Long story short, I've been learning forex for the past 6 years on and off, searching for the holy grail of indicator combinations and only just realised they don't work. Mostly because of a youtube video I stumbled on by accident. So is this a method of trading with higher probability of success? Only focusing on 2 pairs I like for now.... I go to the D1 charts and plot lines around areas where price has reversed in the long run repeatedly back in time. Then I draw some boxes around these lines as areas of interest. Then as price reaches those boxes I scan down the timeframes to the H1 charts to see if price is slowing in momentum. If it is, I'll check a M15 chart to see if price is about to reverse or continue using candle stick patterns and wait for a retest of the area before taking a trade accordingly with a 1:3 RR minimum, trailing SL behind swings high or low. Here's an example of my D1 chart - https://www.tradingview.com/x/Ei8jT88G Would anyone be willing to be a mentor to me? I'm determined to get this right this time.
Take an example of forex swap. Say those two parties X and Y trading with each other. While X has got certain amounts of USD, Y has got some EUR. When they trade against each other, X and y agree to exchange their principle and interest rates. The rate of interest will depend on the spot exchange rate at that time. Thus swapping is exchanging currency positions and earning the net rise or fall ... Forex Trading Example. Let’s look at a basic forex trading example before we go over forex trading strategies. Let's say you purchase 100,000 (a standard lot) euros at the EUR/USD exchange rate of 1.5000. This means it costs 1.5 U.S. dollars to purchase 1 euro. In one week rates change and now it takes $1.5200 to purchase 1 euro. You choose to sell. In this trade, you spent $150,000 to buy ... Forex trading example 1: buying EUR/GBP. EUR/GBP is trading at 0.84950 / 0.84960. You decide to buy €20,000 because you think the price of EUR/GBP will go up. EUR/GBP has a margin rate of 3.34%, which means that you only have to deposit 3.34% of the total position value as position margin. Therefore, in this example your position margin will be £567.50 (3.34% x [€20,000 x 0.84955 ... For example, you can trade seven micro lots (7,000) or three mini lots (30,000) or 75 standard lots (750,000), for example. How Large Is the Forex? The forex market is unique for several reasons ... The Forex Candlestick Patterns Method: Pattern 1: Pin Bar The name says it all about the shape. Here is the screenshot of pin bar. There are two types of pin bar: Bullish Pin Bar(yellow highlight) Bearish Pin Bar . Bullish Pin Bar . The bullish pin bar is for buy signal. It is recommended to trade the bullish pin bar pattern during retracement or downtrend. Example 1. Example 2 (retracement ... Online Forex Trading Example. secure.gcitrading.com. Details. File Format. PDF; Size: 884 KB. Download. With the advancement of technology, the era of online and offline platforms has been demarcated in two spheres. The mentioned example on forex trading shows the system of online cashing in on price movement in the trade. You can also get ideas on trade agreement by following our other ... You Ib Forex Commission Example can get reliable information on brokers in the binary options and other industries here. BrokerCheck gives Ib Forex Commission Example you an overview of a broker’s licensing info, employment history, and regulatory actions as well as complaints against them. The best part is it is a free tool. The website is operated by FINRA which is authorized by the US ... For example, let’s suppose the Forex pair is trending in the bullish direction. Suddenly, a neutral chart pattern appears on the chart. What would you do in this case? You should wait to see in which direction the pattern will break. This will give you a hint about the potential of the pattern. The most popular neutral chart patterns are Triangle patterns: Ascending Triangle; Descending ... Forex trading example for beginners Foreign exchange trading (also known as Forex trading, or simply FX trading) is a process of buying and selling foreign currencies for profit. While you are learning the art of predicting the value of a currency compared to another currency, you are becoming a more successful forex trader. Forex Example. Let's use Euro against U.S. Dollar, EURUSD as our example. It is the most traded Forex pair in the world. First of all, let's establish the transaction size. One standard lot size for EURUSD is 100,000 EUR. This means, if margin trading was not an option, you would need 100,000 Euros to open a position in the Forex market. (More info on the prices can be found in Market ...
Sharing my Winning Forex Strategy How to Write a ...
The foreign exchange market is a market where participants buy, sell, and exchange trillions of dollars worth of currencies daily. Learn the basics of the FX... Hamster Pro : https://www.mql5.com/en/market/product/54150 MT4 To Telegram it is available now! https://www.mql5.com/en/market/product/53965 Telegram Channel... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. This video shows how simple it is to analyse a Forex chart, with a USDJPY example we execute a top down analysis using strictly tools and price action. This ... FOREX - Video Example #forex #forexlifestyle #forextrader Want to join the A1 Trading Team? See trades taken by our top trading analysts, join our live trading chatroom, and acces... An example of trade taken on the failure of a trend line on GBP/USD. I saw the big picture and want to highlight the importance of that first. Then it's a ma...