Focus on Risk Management and High-Probability Setups Trading is fundamentally a game of probabilities, which means you should take risks that align with your capital and personal risk tolerance. There is no "holy grail" strategy in trading. Instead, you need to think from both sides of the equation: start by assessing the risk you’re taking on in a trade rather than focusing on potential profits. When you prioritize managing risk, profits will follow naturally. One of the most common mistakes traders make is to focus solely on profits. They imagine the rewards but fail to account for the risks involved. Trading success comes from understanding and managing the probabilities on both sides—risk and reward. The Foundation of Trading: Risk Management 1.Control Risk Per Trade Self-Funded Accounts: Limit risk to 1%-2% of your account balance per trade. Funded Accounts: Limit risk to 0.25%-1% of your account balance per trade. 2. Adjust Stop Loss Dynamically to Protect Capital When the trade moves in your favor, focus first on securing your stop loss. Once the market breaks a recent high or low, move your stop loss to breakeven. Avoid chasing extreme risk-reward ratios like 1:30 or 1:50, which are often overhyped on social media. In reality, a 1:5 to 1:10 risk-reward ratio is excellent and more realistic. Rather than aiming for exaggerated profits, concentrate on protecting your capital and waiting for high-probability entries. Discipline and Patience: The Keys to Consistent Success Avoid Emotional Trading Emotional trading is a major obstacle to profitability. To succeed, you must remain emotionless and stick to your plan. Only take trades at high-probability Points of Interest (POI) and avoid impulsive entries. Be Patient and Wait for the Right Setup Patience is a vital part of trading. The market doesn’t always offer high-quality opportunities, so it’s crucial to wait for everything to align with your trading plan before entering a trade. Key Takeaways Risk per trade for self-funded accounts: 1%-2% Risk per trade for funded accounts: 0.25%-1% Focus on high-probability trading setups and always protect your capital by adjusting your stop loss. Aim for realistic risk-reward ratios (e.g., 1:5 to 1:10) rather than chasing extreme and impractical goals. Discipline and patience are the foundations of long-term trading success. Remember, trading is a long-term game of probabilities. Protect your capital, trade rationally, and patiently wait for high-probability opportunities to achieve consistent profitability.
Gold indeed melted down from 2650 level after FED. As stated yesterday, after 2620 was broken, the next level is 2550. If 2550 is broken, 2500 is the next target. I am looking for selling opportunity from 2600. Under such bearish environment, buying is strongly not advised.
Here’s my outlook for the next few weeks: 1️⃣ Price could test the 97,300 support level, where I’ll watch for a bounce. 2️⃣ If it breaks lower, I expect further downside toward 94,800. 3️⃣ Bullish scenario: A strong bounce above support and consolidation could push BTC to the 108,000 - 110,600 zone. Keeping both bearish and bullish setups in mind—reacting based on price action. Let's see how it plays out!"
The violent US market selloff this afternoon after the Fed cut interest rates was proceeded by 9 straight days of selling in the Dow Jones Industrial Average. Yesterday I posed the observation that the 9 consecutive days selling had been a warning of something ominous and yet unknown coming soon to the market. But no, complacency reigned. The Fed would bail out the market the way they always do. But no, today quite the contrary. They're faith in all that was overwhelmingly "overwhelmed". The proof of that " massive surprise " was shown in the VIX, which get this rose, 74 % in just one day to 27. My point in all this is that traders in the venerable Dow Jones Industrial Average had sniffed out all of this 10 days ago. Sometimes broader markets show telling signs of "deer in the headlights". This one was about big money complacency. And as todays selloff proved.. they paid harshly for that misguided misjudgment. THE_UNWIND 12/18/24 WOOODS OF CONNECTICUT
Das obere Rechteck ist der Zielbereich des running Flat das untere extended Flat. Danach wird Bitcoin wieder stark steigen.
Scheint als war unser Dax mit seinem Tauchgang noch nicht am Ziel und legte zum Mittwoch nochmal einen ordentlichen Schwapp nach. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 20730, 20425, 20360, 20205, 20120, 19895, 19600, 19480, 19335, 19250, 19120, 19050, 18880, 18760, 18600 Chartlage: positiv Tendenz: Rebound denkbar Grundstimmung: positiv Da wir zum Dienstag im Zielbereich angelangt waren, sollte er sich nun einfach wieder zurück zur 20270, 20360 und 20400 in die Range ziehen können. Alles was es dafür brauchte war ein einfaches Aufdrehen und durchschreiten an der 20270. Sollte er das aber nicht machen und sich von der 20270 hart runter auf neue Tagestiefs buddeln oder unter die 20200 drücken, sollte man das Unterbieten der 20270 als Umkehrsignal werten mit Chancen zunächst wieder runter zur 20150 / 20120, 20050 und später auch tiefer zu rutschen. So die Zusammenfassung von gestern. Was dann anfänglich sehr nach einer Range-Fortsetzung aussah mit dem Hochziehen zurück zur 20360, kam dann ab 20:00 Uhr deutlich ins Wanken, als er mit dynamischen Kerzen unter die 20200 gepresst wurde. So ziemlich direkt erreichte er dann auch schon 20150 / 20120 und auch die 20050 schon, sodass man am Donnerstag gut aufpassen sollte. Da das ganze nach Xetra-Schluss stattfand dürfte der morgen mit recht großem Gap dann 09:00 Uhr in den Handel kommen. Sollte er dann von Beginn an eher stark nach oben drücken, würde ich persönlich einkalkulieren, dass die Jungs den auch einfach nur wieder zurückziehen über die 20120 / 20150 hin zur 20200 zurück und dann auch erneut von unten an die 20270 ran, aber das dann bestimmt noch nicht zum Donnerstag. Das wäre das positive Szenario. Das setzt aber auch voraus, dass unser Dax da von Beginn an klar nach oben treibt. Tut er das nicht und zeigt sich eher schwach, wäre auch denkbar, dass er vor allem unter dem mittleren Tagesband bei 19950 dann hin zur primären Rücklaufzone bei 19730 / 19670 hinarbeitet. Tut er das, würde er dort vermutlich schon um den US-Handelsstart herum landen können und kommt das so, sollte man dann dort auch eine Umkehr einkalkulieren die von 19730 / 19670 durchaus nochmal bis 19950 zurück knallen kann. Die Scheine bleiben gleich. Für Aufwärtsstrecken der PG70KW KO 18600 sowie GQ9CGN KO 17000 und für Abwärtsstrecken der GG34Z4 KO 21400. Fazit: Zum Mittwoch hat sich unser Dax nun unten ein gutes Stück aus der Range rausgeschossen, allerdings erst nach Xetra-Schluss. Sollten die europäischen Händler das morgen also gar nicht so kritisch sehen wie der US-Handel und von Beginn an hochdrücken, wäre ein Rücklauf hoch zur 20200 über 20120 / 20150 gar nicht mal so ungewöhnlich. Gelingt das würde er am Freitag dann sogar noch zur 20270 ansetzen können. Gelingt das aber nicht und der zeigt sich von Beginn an richtig schwach, würde ich insbesondere unter 19950 dann mit einem Erreichen des primären Rücklaufbereichs bei 19730 / 19670 rechnen. Erreicht er die dann schon zum Nachmittag wäre von dort sogar schon mal eine saftige Umkehr hoch zur 19950 machbar.
The coin has shown strong impulsive growth, and we’ve now seen a shift in trend to a long position. This makes it an interesting option for trend traders looking to capitalize. ? Current Strategy ? Buy Zone: $0.28 – $0.29 ? Take-Profit: $0.33 ? Take-Profit: $0.36 ? Take-Profit: $0.42 ⛔️ Stop-Loss: $0.25 ?Risk reward ratio 1/3 ? Recommended trading volume: 3% of the amount of your deposit.❗️
Hello Traders, Right now market is in red and panic setting in! Funny part is BTC is still above 100k. Remember we always dreamed of BTC reaching 100k for the past 10 years or more? Now the dreams come true and the altcoin market is still weak!? Something must be wrong or some entities trying to force us panic sell?! Anyhow after this wave of panic settles , we should see major move overall. This coin is just out couple days ago and I did extensive research on it. Beyond and above! Do some research on X and find out about the founder. The more I research the more I like about this coin! Years of hard work put into this coin literally!!! That is why I don't care about yesterday's flash crash. Most of the time this sort of move is done by big whales so they can double their holdings. For traders this is very scary situation and most inexperienced traders sell. Human nature we sell when we panic. However most people didn't do their due diligence and skip the research part.( Remember you are investing your money into something.) That is why they panicked. Purely lack of research. If this coin was something random Binance wouldn't invest into 4.8million coin supply. Sort term we may go up or down rapidly but in the near future I believe this coin will reach beyond 10B+ market cap. Timelines on the chart is arbitrary but targets are expected to reach at some point! First target is at %40 gains. I will update this chart regularly!
daily, wedge Long 1.17 no Stop Target 2.5, 3.3 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
The chart posted is what I can say Is the ONLY bullish wave count . We should was the .382 support in SPY and this also makes wave 4 and 2 equal .We did Top into the spiral 6 in total due 11/29/12/5 Turn this was the TOP TICK in NYA DJI XLU IYT DJT . There is clear LONG TERM DAMAGE in the NYA and all the indexes listed . The FED is clear BEHIND and LIED today as to UNEMPLOYMENT as in 2025 DOGE will cause this to rise as per my forecast of 5.5 in 2025