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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
