“
Your mission as a trader is to filter only the very best trade setups, which is what successful traders often do.
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Frank Miller (Secrets On Reversal Trading: Master Reversal Techniques In Less Than 3 days)
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Only a fool tests the depth of the water with both feet. AFRICAN PROVERB
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John F. Carter (Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups)
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One general theory for the origin of AIDS goes that, during the late nineteen-sixties, a new and lucrative business grew up in Africa, the export of primates to industrialized countries for use in medical research. Uganda was one of the biggest sources of these animals. As the monkey trade was established throughout central Africa, the native workers in the system, the monkey trappers and handlers, were exposed to large numbers of wild monkeys, some of which were carrying unusual viruses. These animals, in turn, were being jammed together in cages, exposed to one another, passing viruses back and forth. Furthermore, different species of monkeys were mixed together. It was a perfect setup for an outbreak of a virus that could jump species. It was also a natural laboratory for rapid virus evolution, and possibly it led to the creation of HIV. Did HIV crash into the human race as a result of the monkey trade?
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Richard Preston (The Hot Zone)
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It’s easy to have faith in yourself and have discipline when you’re a winner, when you’re number one. What you got to have is faith and discipline when you’re not a winner.” —Vince Lombardi, Pro Football Hall of Fame
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Ed Ponsi (Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups)
“
Each piece of the set was on a winch and pulley, bag-dropped, counterbalanced by nests of fifty-pound bags of sand. The setup was called a "Fairbanks," for the reason that when a stagehand so wanted, he could stand upon a knot on the rope, untie as few or as many bags of sand as he wanted, and ride nearly to the rafters like Zorro as the scenery lowered.
There was no particular reason to ride that way, but because Carter allowed it, the team of men did so all night long, trading places at the top, jumping onto the ropes and riding back down later. With the mighty Egyptian set descending in its many pieces, the audience was deprived of a behind-the-scenes tableau of beauty: Carter's team swiftly riding ropes up to the catwalk and down to the stage again, simply because they could.
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Glen David Gold (Carter Beats the Devil)
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To summarize my trading strategy for VWAP False Breakouts: Once I’ve made my watchlist for the day, I monitor the price action around VWAP at the Open and during the morning session for the Stocks in Play. A good Stock in Play shows respect toward VWAP. If the Stock in Play sells off below the VWAP but bounces back and breaks out above the VWAP, it means the buyers are gaining control and short sellers perhaps had to cover. However, if it loses the VWAP again in the Late-Morning (from 10:30 a.m. to 12 p.m.), it means that this time the buyers were mostly weak or exhausted. This provides a short opportunity with a stop loss above VWAP. The profit target can be the by then low of the day, or any other important technical level. I try to go short when a Stock in Play has lost the VWAP. Sometimes I go short before the price loses the VWAP, to get a good entry while it is ticking down toward VWAP in the anticipation of a VWAP loss. However, be very careful, for the job of a trader is identification and not anticipation. Take small size and add more shares on the way down if you have truly identified a good trading setup.
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Andrew Aziz (Day Trading for a Living (Stock Market Trading and Investing))
“
And I’m not kidding when I say “craziness.” The University of St. Gallen, Switzerland, has come out with a study that compares traders with psychopaths. The study reviewed the results from an existing study comparing 24 psychopaths in German high-security hospitals with a control group of 27 “normal” people. The funny thing is, this control group of “normal” people turned out to be traders. Stock guys, currency and commodity traders, and derivative types happened to be the normal control group that was stacked up against the high-security, barbed-wire-enclosed psychopaths. In the end, the performance of the trading group was actually worse than that of the psychopaths. The study indicated that traders, “Have a penchant for immense destruction,” and that their mindset would lead them to the logical conclusion of “beating one of the neighbor’s expensive cars with a baseball bat with the sole objective of owning the most beautiful car in the neighborhood.” In other words, traders are nuts. Indeed if you look up the textbook definition of a psychopath, here are some of the tidbits you’ll uncover: antisocial behavior, poor judgment and failure to learn from experience, inability to see oneself as others do, inexplicable impulsiveness … sounds like a typical trader who is struggling against the market and can’t figure out why.
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John F. Carter (Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups)
“
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Markus Zusak
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Understanding Financial Risks and Companies Mitigate them?
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Just as families maintain an emergency fund for dealing with uncertainties, the same goes for large corporates. Coping with uncertainty such as the ongoing pandemic is a valuable lesson that has taught businesses to maintain emergency funds to avoid economic lapses.
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Senior financial advisors and managers must take well-reformed decisions backed by data insights. Data-based technologies such as data analytics, science, and others provide resourceful insights about various economic activities and help single out the anomalies and avoid risks.
Enrolling for a course in finance through a reputed university can help young aspiring financial risk advisors understand different ways of mitigating risks and threats. The IIM risk management course provides meaningful insights into the other risks involved in corporations.
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Amongst the several roles and responsibilities undertaken by the financial management sector, identifying and analysing the volatile financial risks.
Financial risk management is the pinnacle of the financial world and incorporates the following risks:-
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Market risk refers to the threats that emerge due to corporational work-flows, operational setup and work-systems. Various financial risks include- an economic recession, interest rate fluctuations, natural calamities and others.
Market risks are also known as "systematic risk" and need to be dealt with appropriately. When there are significant changes in market rates, these risks emerge and lead to economic losses.
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Credit risk is amongst the common threats that organisations face in the current financial scenarios. This risk emerges when a corporation provides credit to its borrower, and there are lapses while receiving owned principal and interest.
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Liquidity risk crops up when investors, business ventures and large organisations cannot meet their debt compulsions in the short run.
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Operational risk arises due to financial losses resulting from employee's mistakes, failures in implementing policies, reforms and other procedures.
Key Takeaway
The various financial risks discussed above help professionals learn the different risks, threats and losses. Enrolling for a course in finance assists learners understand the different risks. Moreover, pursuing the IIM risk management course can expose professionals to the scope of international financial management in India and other key concepts.
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Talentedge
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Remembering successful trades will help you spot and execute only successful setups and boost your confidence as a trader. This will fill your mind with nothing but winning trades with minimal risk and maximum gain.
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Joachim Shilongo (Trading Nasdaq from Memory: "The markets are very easy if you have photographic memory")
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In Trading, Every Setback is a Setup for a Comeback.
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Zalman " Sal" Sulaymanov (How To Suck Less At Day Trading: The Ultimate No-Nonsense Guide For Retail Traders on Getting A Reach Around From The Markets)
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All of the short-selling chart pattern set-ups that we use rely on a high-volume break off of the peak, and this is often the first sign of institutional money exiting a stock en masse as they begin “distributing” stock.
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Gil Morales (Short-Selling with the O'Neil Disciples: Turn to the Dark Side of Trading)
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LSFB set-ups are generally shortable as the stock drops back below the prior base breakout point and the 10-week (50-day) moving average.
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Gil Morales (Short-Selling with the O'Neil Disciples: Turn to the Dark Side of Trading)
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Before we explore the account setup, let's take a closer look at how Immediate Momentum functions. Understanding the mechanics of this trading software is crucial to comprehend its potential benefits.
According to Immediate Momentum's official website, the software harnesses sophisticated algorithms to analyze cryptocurrency price movements with pinpoint accuracy. It relies on technical indicators and historical data to identify lucrative trading opportunities by monitoring market trends. Immediate Momentum review operates fully automatically, executing every action on behalf of traders.
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William
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For example, assume you’re considering a setup where the stop-loss exit is $3.54, and the current price is $3.62. Taking the $140 maximum allowed loss we calculated above, divide that by $0.08 ($3.62 - $3.54 = $0.08), and you get 1,750 as your maximum position size (140/.08 = 1750). I’ve provided an Excel spreadsheet that will quickly
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Brian Anderson (The 1 Hour Trade: Make Money With One Simple Strategy, One Hour Daily)
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A Stock in Play is a stock that offers excellent risk/reward setup opportunities
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AMS Publishing Group (Intelligent Stock Market Trading and Investment: Quick and Easy Guide to Stock Market Investment for Absolute Beginners)
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If a husband expresses a thought alone in the middle of the woods,” so the joke goes, “is he still wrong?” Probably so.
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John F. Carter (Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups)
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Even Napoleon had his Watergate.” —Danny Ozark, Former Philadelphia Phillies Manager
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Ed Ponsi (Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups)
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Luck is a dividend of sweat. The more you sweat, the luckier you get.” —Ray Kroc, Founder, McDonald’s Corporation
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Ed Ponsi (Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups)
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He who controls the money supply of a nation controls the nation.
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Ed Ponsi (Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups)
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At a cost of up to $10,000 per pod per month, it was a highly lucrative business for the NYSE. How the setup fit in with the notion that electronic trading created a level playing field for all investors was another question.
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Scott Patterson (Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market)
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My biggest mistakes include, but are not limited to: Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. Overtrading. Thinking I can recover from losses by taking low quality setups in rapid succession. Not stopping at my daily goal or 11:30 AM. Slowly giving back all of my gains. Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation.
”
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Andrew Aziz (Mastering Trading Psychology)
“
My biggest mistakes include, but are not limited to: Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. Overtrading. Thinking I can recover from losses by taking low quality setups in rapid succession. Not stopping at my daily goal or 11:30 AM. Slowly giving back all of my gains. Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation. Averaging down. Increasing share size when losing. Trying to double down and recoup losses.
”
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Andrew Aziz (Mastering Trading Psychology)
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There’s a deep irony to this model. Employees who turn up for work day-in, day-out are essentially cast as outsiders: a production cost to be minimised, an input to be hired and fired as profitability requires. Shareholders, meanwhile, who probably never set foot on the company premises, are treated as the ultimate insiders: their narrow interest of maximising profits comes before all. No wonder that, under this set-up, the average worker has been losing out, especially since trade unions in many countries were stripped of their bargaining power from the 1980s onwards.
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Kate Raworth (Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist)
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If there are no attractive trading set-ups, do nothing. Go for a jog instead.
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Matthew R. Kratter (The Little Black Book of Stock Market Secrets)
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When you’re managing with cryptocurrency, security ought to be your number one need. Binance is known for its high-level security conventions, but this implies that getting your account verified can some of the time be a long and complicated prepare. If you’re energetic to begin exchanging without the bother of holding up for verification, the best choice is to buy verified Binance accounts.
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Support many of the most commonly traded cryptocurrencies
Convert. The easiest way to trade. Classic. Simple and easy-to-use interface
Futures on the USDS-M. USDS margined with no expiration and leverage up to 125x. Futures on COIN-M
With or without expiry dates, tokens can be leveraged up to 125 times.
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Egsmm.com is a renowned platform offering a range of services for cryptocurrency enthusiasts. With an emphasis on security and reliability, they cater to individuals seeking verified Binance accounts and more.
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Egsmm.com is a premier provider of verified Binance accounts. Their reputation stems from:
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Visit Egsmm.com: Start by navigating to their website.
Select Service: Choose the verified Binance account option.
Make Payment: Securely complete the transaction.
Receive Account: Get your verified account details promptly.
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The Importance Of Having A Verified Binance Account
A verified Binance account ensures enhanced security and access to advanced trading features. Buy a verified Binance account to trade confidently and unlock premium benefits.
Having a verified Binance account can significantly enhance your trading experience. It ensures a higher level of security, better access to features, and compliance with regulatory standards. Let’s explore why a verified Binance account is essential for every crypto enthusiast.
Enhanced Security And Trust
Verification boosts security and trust:
Protection against fraud: Verification helps prevent unauthorized access and fraudulent activities.
Increased withdrawal limits: Verified accounts have higher withdrawal limits, offering more flexibility.
Peace of mind: Knowing your account is secure fosters confidence in trading activities.
Access To Advanced Features
Verified users enjoy exclusive features:
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Buy verified Binance account from at the cheapest price Our account is verified with email, number SSN, driver's license, NID etc.
If you want to more information just contact now.
24 Hours Reply/Contact
➤Email: smmserviceit@gmail.com
➤Skype: SmmServiceIT
➤Telegram: @SmmServicesIT
➤WhatsApp: +1 (985) 287-7864
Buy Verified Binance accounts to guarantee a secure and hassle-free cryptocurrency exchanging involvement. Our verified accounts ensure genuineness and unwavering quality, giving you peace of intellect whereas exchanging.
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Why Buy Verified Binance Accounts
When it comes to cryptocurrency exchanging, having a verified Binance account is pivotal. It not as it were gives get to to select highlights but moreover offers peace of intellect and comfort. In this article, we will dig into the benefits of buying verified Binance accounts and why it is a shrewd speculation for cryptocurrency devotees.Buy Verified Binance Accounts
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Setting up a Binance account from scratch can be time-consuming and may include different verification steps. In any case, by obtaining a verified Binance account, you kill this bother and spare profitable time. Moment account setup implies you can begin exchanging cryptocurrencies right absent, without any delays. Buy Verified Binance Accounts.
When you Buy a verified Binance account, all the fundamental verification forms, such as character verifiction and address verification , have as of now been completed. This permits you to bypass these steps and plunge straight into the energizing world of cryptocurrency exchanging.
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By acquiring a verified Binance account, you not as it were pick up get to to elite highlights but moreover appreciate the comfort of moment account setup. This disposes of superfluous delays and permits you to begin exchanging cryptocurrencies instantly. So why hold up? Contribute in a verified Binance account nowadays and open a world of conceivable outcomes in the energizing domain of cryptocurrency exchanging! Buy Verified Binance Accounts
If you want to more information just contact now.
24 Hours Reply/Contact
➤Email: smmserviceit@gmail.com
➤Skype: SmmServiceIT
➤Telegram: @SmmServicesIT
➤WhatsApp: +1 (985) 287-7864
Benefits Of Verified Binance Accounts
When it comes to exchanging on Binance, having a verified account can give various focal points. From higher security levels to quicker client back, a verified Binance account gives you the peace of intellect and comfort you require in the fast-paced world of cryptocurrency exchanging.
Higher Security Level
A Verified Binance account offers improved security measures, giving an included layer of assurance for your stores and individual data. By completing the Verification prepare, clients
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With a Verified Binance account, dealers can appreciate higher exchanging limits, permitting them to lock in in bigger exchanges and take advantage of profitable openings in the showcase. This expanded a
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