The biggest fear, embarrassment Trading is an intimate sport. You can do it behind a closed door in your underwear. But at some point, if you don't make it in this profession it all comes out. One can't hide sustained [...]
July 15th 2020, Cryptoassets Update Market Summary Yesterday, July 15th, the Bloomberg Galaxy Crypto Index was at 378.28 after being at 381.55 last month following a low of 217.82 in early March. The market has been slowly regaining but it [...]
Concentration - The absence of irrelevant thought Concentration is the true edge in our times. You fool yourself thinking you have an edge in technology because everybody has high tech gear. Trying to trade successful from small hand held device [...]
Never rarely sometimes always That is the typical cycle of breaking your own discipline in trading rules. First you swear to yourself you would never run a stop. Than it starts out you rarely do it anyway and are very [...]
Back to the future When reading fiction of time travel into the past or watching movies about time machines one theme dominates. The people who travel back in time worry immensely about how their behavior alters history. They fear about [...]
Gold - Breaking Out Towards US$1,800 And US$1,900 Gold closed the week at US$1,770 almost US$20 higher than at the closing price on June 19th. The bulls not only pushed prices to a new eight-year high at US$1,780 but have once again [...]
Success is when preparation meets opportunity Why screen exposure and overall experience is so needed in the field of trading is related to the fact that the market has a high degree of variability. It takes years to have seen [...]
June 15th 2020, Cryptoassets Update Market Summary As of June 15th 2020, Cryptoassets Update, the Bloomberg Galaxy Crypto Index was at 381.55 after reaching a low in early March of 217.82. The market has been slowly regaining but it is [...]
Failure equals big money If that be the case we'd be all rich trading the markets. No, what we are referring here to is pattern failure. Chart patterns have probabilities of how often they work. Most bet in favor of [...]
Bitcoin - Crack-Up Boom Will Force The Breakout Bitcoin prices have recovered quickly from the corona crash and are now poised to breakout and above the resistance zone around US$10,000. Slowly but surely Bitcoin is moving into the mainstream with [...]
