Posts

Stock Market Crash Report #1: The Market Crash, Bitcoin And Gold

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  The market crash that is happening at the time of this writing is insane holding on to crypto or buying it at these prices is not a good strategy at all the crazy thing is that i remember this market cycle Even though its happening at this time of the year,i promise you i remember this cycle because it was during the time i decided to take trading seriously. This is what happened... Gold GOLD had crashed and found support compared to today gold has found resistance. Thats the difference today Gold hit a resistance the last time i saw this cycle Gold was on a support line. Then i remember Bitcoin crashing to the bottom kind of similar to what is happening right now and sadly Bitcoin BTCUSD followed the stock market into the ground But then something happened Gold sort of Paused! This was very scary, then boom!! a gold market crash hit!! Then Bitcoin soared so high everybody started boasting about how they invested in Bitcoin Then today Bitcoin..crashes!! After hitting...

The Breakdown Pattern + 3 Step Trading System

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  Am feeling so lazy and sad as I think about the amount of time it took me to master trading. Am thinking about how all my friends have moved on with their lives. While I remember struggling to learn about capitalism in order to raise money for my dreams. As these thoughts run through my mind I took a walk to help myself and it helped me and calmed my heart down. i had to be very bold to post this trade EURGBP because I have made mistakes in my last forex trades but this did not discourage me at all Am from reading a powerful email newsletter that talks about the power of the breakout market cycle in this case, we are looking at the breakdown This is when resistance becomes support this breakout happened a day ago but I think there is still a chance to trade. This chart pattern follows the rocket booster strategy. It has the following 3 steps: 1-The price has to be below the 50 Day Moving Average 2-The price has to be below the 200 Day Moving Average 3-The price has to gap down ...

Breakout Pattern + 3 Step Rocket Booster Strategy

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  One thing is for sure if you are making money people don't really care whether you are introverted or extroverted Its sad to see my brothers being bullied for being introverted when deep down they have the academic skills to propel their lives but maybe they lack the resource skills needed to get there. Sometimes they may be forced into doing something such as drinking beer in order to look more social. When beer drinking is really not so good for some introverted people. When I see this it makes me sad. Looking at this chart is something thats hard to believe.Because its a breakout pattern. What Is The Breakout Pattern? This is when the support becomes resistance And its at this key level that you are ready to see a change in price action for JPM . Also on top of that, this confirms the rocket booster strategy. What is The Rocket Booster Strategy? This is when: #1-The price is above the 50 EMA #2-The price is above the 200 EMA #3-The price hits New 52 week high This strategy is...

The Power Of Risk Management In 3 Steps

  Risk management is very important and so here are some points to remember as you watch this video: -You have to wait for the price drop in the daily chart of the futures market before you enter your buy-stop order -Remember that trading is a skill and also risk management is another skill in trading you have to try balancing them both -Inside the video you will see the divergence even though it may not be accurate - this gives you an idea what type of trades to look for in the future also during this video lesson I share with you some latest sports news updates because I love reading the latest sports news in my spare time watch this video to find out the latest sports news :-) Rocket boost this content to learn more thank you for watching - Disclaimer: Trading is risky please learn risk management and profit-taking strategies Also feel free to use a simulation trading account before you trade with real money     - The Power Of Risk Managment In 3 Steps by lubosi ...

The #1 Risk Management Strategy

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  Am so tired from studying about the financial markets Yesterday i was so sad because I began thinking about what it means to live with a chip on your shoulder - This means holding a hateful heart against the people that didn't want to help me, in my deepest struggles to financial freedom Learning about trading is the hardest skill I have ever had to endure It has pushed me to the limits that I never thought I would reach sometimes that is what it takes to become a successful trader to be able to push yourself to the limits. Looking at this chart it's in a buying position now this market is closed but when it opens it may gap up so we are a little late but the point am trying to show you is the power of the rocket booster strategy Usually when the market SPX rises Bitcoin follows as well I don't know if this will be the case but watch out for this chart pattern The #1 thing you should take note of is the buy-limit order which is above the closing price. This is a good ri...

How To Short Sell Using This 3 Step System

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  In my last post, i showed you how to use candle stick patterns to find a good entry Now when you ae screening for these stocks,or forex pairs you ned to be very careful with the tools you decide to use for this skill. Look at this chart. You will notice that the RSI level is in a trading range on this NZDUSD the price action is just above the sell stop order now this move will take you about 30 days in order for it to be a profit for you also there is a large amount of risk so don't use more than x10 Margin on this one Also, keep about 30% liquid if you are trading future contacts. The good thing is you can also see the rocket booster strategy This is where the following 3 steps are happening 1-The price is below the 50 EMA 2-The price is below the 200 EMA 3-The price has to gap down within 30 days Forex trading is a bit slow but it will give some profit with the right risk management strategy - Rocket boost this content to learn more - Disclaimer: Trading is risky please learn...

The Top 3 Things To Remember: When Trading Becomes Hard

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  The Top 3 Things To Remember: ----------------------------------------- #1 Using candle stick patterns is very important #2 You will have to make sure the opening price is equal to the closing price on the daily chart #3 Use a limit order for risk management purpose -- Watch this video to learn more about this stock WKSP - Disclaimer: Trading is risky please learn risk management and profit-taking strategies Also feel free to use a simulation trading account before you trade with real money     The Top 3 Things To Remember: When Trading Becomes Hard by lubosi on TradingView.com