BTC has been showing some interesting moves recently. As of now, it is priced at $96,284.14, reflecting a 0.2% uptick over the past hour but a 2.2% drop since yesterday. What do you guys think about this current trend? Are we going to see a shift in ...

Bitcoin (BTCUSD)

Well said Jace001! How do you stay disciplined at the initiation of the setups, is there a routine that you follow?

Patience the key to our breakthrough

I totally agree, scaling down positions can save you from the emotional storm. When you journal, do you focus more on the numbers or your thoughts during the trade?

Managing anxiety

The pair is back on its bearish trend, potentially targeting 1.0333 and then 1.0250. Let’s see what happens now

Only EURUSD

I believe what stands out for me is how important consistency is, be it following a trading strategy or managing your mindset. Even when the best strategy fails, you must keep you calm, stay disciplined, and think of this as another turn in the ...

Highest Open / Lowest Open Trade

Here's what I gathered from my last read: The unemployment rate in UK stayed at 4.3% which was same as expected. This shows that the UK market is stable. Wages were at 4.9% and was expected to rise to 5.0% but instead rose to 5.2%. This means people ...

Cable Update (GBPUSD)

I feel most retailers end up on the wrong side because they focus on chasing price, instead of understanding how and why the market moves. Extremes feel the riskiest to trade because they don’t confide with the emotions of the majority and that is ...

Why are most retail traders usually on the wrong side of the market?

At the beginning of the European session today, the EURUSD pair was at the 1.0500 level. The market was expecting to cut the interest rates by 25 bps reducing the range to 4.25% - 4.50%. This was expected to weaken the USD against the EUR, however, ...

Only EURUSD

[quote=oochiwaawaa;15090345] so you believe da robots run institutions n entities hah? people are behind all of it. study people. better education than bullshit on these sites.[/quote Fair point oochiwaawaa! In the end, it's the people who are ...

Why do people promote dead knowledge and call it trading

I try following my plan but I end up giving in to my emotions and instincts and that has not been a great move on my end. I’m working on it!

Do you follow your instinct or your plan?

The psychological side of trading is huge! Greed, fear, and overconfidence are something that can ruin the best of the strategies too. And the worst thing of all is revenge trading. What do you think is the hardest emotion to handle while trading?

Why you lose money and will always lose

My go-to strategy for trading gold is sticking with the support and resistance levels. I sometimes use trendlines to confirm the direction before opening or closing a position. Gold is highly volatile so I trade with it patiently.

New to forum

Those are some solid tools! I have been using Bollinger Bands and Moving Averages but never used Hurst Exponent. I will look it up now!

Best way to determine range/trend?

I prefer snacks that I can grab the fastest, which is usually fruits or nuts. Most days, it’s just my coffee doing the heavy lifting.

Is what you eat part of your trading plan?

By noise, I mean 'what other people are saying', you know like background noise! Lol

Gold

Hey Altopium. That’s a solid approach. Interesting to see that you’re balancing your currency pairs and stocks with different strategies. Seems like you have fine-tuned your system since you’re getting a 20% edge with your algorithms. I just wanted ...

How many trades do you take every month?

I agree with you, MStudent. Having an edge does not mean having the perfect strategy, it means understanding the market and risks effectively. The more you practice, the more you get handy with the trading conditions.

Something to ponder about 1 shot trade

Yes, I agree with you. 20% weekly return is a bit bold and risky. May be Puma is managing the risk with strict stop-loss orders and scaling in or out strategy. I am really curious to know how Puma is balancing protection and growth!

MM strategy for a risky 20% weekly return system

Interesting perspective! Most of the advice being shared around are indeed the quotes by trading maestros but those are not the solutions you would be looking for. Your approach with auction market theories and volatility looks like coming from a ...

Gold

Finally! Since it went so high, I am assuming this would be the right time to go short. Let’s hope for the best!

New Bitcoin ATH!!!