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 [...]
If it breaks we get paid Or not. One aspect rarely talked about is the psychological aspect on why there are so few winning traders. You might have heard about the trader who reached his goal to make a million [...]
Think exits not entries Trading and chart software provides many features. The ones most commonly used are alerts for extremes. Session opening and closes. Highs and lows of the day (week, month, year). Volume, range and price percentage spikes and [...]
Accepting doubt There are no guarantees. The constant debate if Bitcoin gets banned or rises in price or will be replaced or... Nonsensical chatter in the news and one's mind. Nobody knows what happens tomorrow or in 10 years. The [...]
Patience Is A Virtue Since mid of March at the panic lows and prices around US$1,450 Gold posted a massive rally reaching US$1,765 just 10 days ago. Anybody who missed this rally might now be under stress since governments and [...]
Being late is great Normally the word late has a negative connotation. Not in this case. The historical fact that Silver is lagging Gold can be used as an edge for investors. Being late is great. Not needing to be [...]
Built not bought This isn't just a catchy phrase. It is the only way to riches. It is statistically proven that most market speculators, that try to blindly follow a trading recommendation fail to produce consistent results. Why? The most [...]
Wrong data wrong results In the previous century, if you wanted to be an independent market player you either worked yourself up on the floor of an exchange or had a professional trader as a mentor. Then market participation got [...]
Low risk precision trading Here at Midas Touch Consulting risk control is our foremost goal. This requires endless hours of backward and forward testing of each individual market, sector, instrument and time frame to stack the odds as best as [...]
A simple exercise to make money Ask yourself the following question. What are my top five trading/investment rules. Write them down in detail and review them. Seems like a simple question but if there is any struggle in response, it [...]
