Full-time traders can benefit from a wide range of books that cover various aspects of trading, including technical analysis, risk management, psychology, and strategy development. Here are some highly recommended books for full-time traders: “Market Wizards” by Jack D. Schwager: This book interviews some of the most successful traders of all time, sharing their insights, […]
Reversal Pattern Candles: the Key Reversal Signals
In the world of technical analysis, reversal pattern candles serve as vital indicators of potential trend reversals in financial markets. These patterns, formed by the combination of specific candlestick formations and their position within a price chart, provide valuable insights into the future direction of an asset. This article aims to explore the concept of […]
Fibonacci Retracement: Mathematical of Market Analysis
In the world of financial markets, traders and analysts constantly seek reliable methods to predict price movements and identify potential areas of support and resistance. Among the myriad of technical analysis tools available, Fibonacci retracement has emerged as a popular and intriguing approach. Derived from the mathematical Fibonacci sequence, this method leverages the inherent harmony […]
An In-depth Analysis of Quantitative Trading Strategies
Quantitative trading, also known as algorithmic or systematic trading, has revolutionized the financial markets. This approach to trading relies on mathematical models, statistical analysis, and computer algorithms to make trading decisions. In this article, we will explore the world of quantitative trading strategies, their benefits, and their various types. Understanding Quantitative Trading Strategies: Quantitative trading […]
Mean Reversion Strategy for Investment Success
In the realm of investment strategies, one approach that has gained popularity among traders and investors is the mean reversion strategy. This strategy is based on the belief that prices and markets tend to fluctuate around a mean or average level, and deviations from this mean present opportunities for profitable trades. In this article, we […]
My Trading Framework
This is my latest trading framework: We lose money when sideways, and false break. We make money when price is in trend. Loading…
Trading SOL – 6 June 2021
SOL 30m uptrend, 1M just break, but too late. Enter position risk $2.5. I haven’t setup the second position, since the MA is still low below. Reach new high but retest support, but with long tail. We can draw an uptrend line from the break out price. I’m setting SL and 3R for TP It […]
Trading BNB – 6 June 2021
M30 downtrend, enter M1, setup position. Split 3 position, After entering first position, it keep going down. Next time we need to try 2 position. Eventually it hit our second and third entry. After we are at full position, need to close half position at the next wave. because the drop is very fast, our […]