#Bitcoin #BTC #Cryptocurrency
Good Morning and Happy Hump Day E.T Fam! If you all have been paying attention to the market, I’m sure that you all have seen the recent dip in the price of Bitcoin. Now, everyone is left wondering if this is just a brief shakeout or should we be worried about more negative price movement? Should we be bullish or bearish? Krown is here to give us an answer that is backed by data.
The effect that leverage has on the crypto market is also explained in this video. Remember, it’s never wise to trade with leverage unless you absolutely know what you’re doing. Even then, you need to be very careful. My best advice is to stay away from it altogether. If you’re worried or wondering what to expect next, it would behoove you to tune in.
Shakeouts due to over leveraged trades are to be expected. The great thing about shakeouts is that once they are over, we typically shake them off and move forward. However, don’t take my word for it. Let’s see what the King Of The Charts has to say about it. After your daily dose of TA, be sure to like, comment, and subscribe. Take care E.T Fam!
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
E-Mini Trading: Displaying Price Data on Bar Charts – Which Method Is Best?
If you ask a group of 10 e-mini traders which type of bar they prefer on their trading charts you will find no shortage of strong opinions. Most traders were taught to trade on a specific type of bar, say a candlestick, and adjust to their trading to the art of reading candlestick charts. Generally speaking, once they have learned a specific system it is difficult to dislodge, especially if the e-mini trader has been having success with candlesticks.
E-Mini Trading: Are You Gambling or Trading Consistently?
The success statistics in e-mini are just plain startling. The vast majority of e-mini traders are not consistently successful, and the ratio is not even close to positive.
E-Mini Trading: Charts, Price Action, and Indicators
There are a wide variety of methods to trade e-mini contracts currently taught by trading educators. Some are good, some are not very effective. From time to time I get some very talented traders visiting my trading room and they all have one common characteristic; they understand e-mini charts and price action, and don’t rely upon oscillators, moving averages, and indicators.
E-Mini Trading: Low Volume Traders and Trading to the Long Side of the Market
There are periods of time when trading is dominated by smaller retail traders who trade in contract lots of one or two contracts. Most traders who trade the YM on a consistent basis are aware of the tendency of smaller e-mini traders to take long positions during the lunch break. This time of day is often referred to as the “stand down” period.
How to Trade
The stock market can seem confusing and overwhelming to self-directed investors who are learning how to buy stocks. But understanding the basic fundamentals of how the stock market works can help any beginner learn how to trade shares of stock.
Fibonacci Retracement – Simple Explanation
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Why Would I Need A Spread Betting Account?
Spread betting is the most recent trading method for active stock market investors. A spread betting account is necessary if you want to try and make profits from the current market trends, and it’s not just about starting out successfully, it’s equally important to stay successful as well. Unlike conventional betting, spread betting is much more flexible and hence more profitable for the bidder.
Understanding Penny Stocks and the Pink Sheets
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Thinking About Using A Metatrader Forex Trading Signals System?
When it comes to trading the Forex market, there are many different systems and styles to utilize. Whether you are just entering the Forex market as a beginner or are experienced, the choices to determine and anticipate the direction of the market is definitely an overwhelming and complex decision.
Consider Your Trading to Be a Business
As you work toward developing the mindset of a successful trader, you will want to become aware of the difference between business and trading risks and how each of them can affect your long-term profitability as a trader. This article will provide examples of each type of risk that you might encounter in your trading activities, so that you can be aware of these potential trading pitfalls in advance in order to better avoid them. Business Risk: The first primary type of risk you need to be aware of when developing an optimal trading mindset is business risk….
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