Understanding yourself is synonymous with understanding the markets because as a trader you are part of the collective force that moves prices. How could you begin to understand the dynamics of group behavior, if you don’t understand the dynamics of group behavior, if you don’t understand the inner forces that affect your […]
We Are What We Think
We are what we think. All that we are arises with our thoughts. With our thoughts, we make our world.
What Belief To Adapt
It is hard to find a good belief and adapt it to be something you would like to be. To be someone you would like to be is backed by certain belief. How do you know what beliefs to adopt?The answer to that is to find someone who ‘s producing the […]
Belief and Convictions
Beliefs are like possessions, and convictions are simply more valued possessions which allow an individual to passionately work toward either large-scale or individual to passionately work toward either large-scale or individual completion of goals, projects, wishes, and desires. Raise a belief to the level of conviction. Conviction has the power to […]
History Repeat Itself, Bitcoin Mania
This chart caught my attention and convinced that Bitcoin would drop sooner or later. I even told my friends to sell it was at $16,000 after it hit $20,000. In my opinion, I still believe that Bitcoin is a great money maker if you play it right and revolutionized invention […]
Lots of Possibility in Cryptocurrency
Cryptocurrency has been showing a big rally since the beginning of 2017 and people are excited and didn’t know when to stop. It was in heat phase that people who invented those coins became a millionaire and some became a billionaire. However, after the pump and dump, it has been […]
Knowing To Win From Psychological Illusion In Trading
From a psychological perspective, this characteristic will allow you to indulge yourself in the illusion that each trade has the potential of fulfilling your wildest dream of financial independence. It is dangerous!! With any gambling game, you will always know exactly how much you can win or lose each time you […]
Unsuccessful Trading Behaviors
Remember, MARKET IS ALWAYS RIGHT. If you are caught up in the expectation of what it will do: I am right, the market is wrong will definitely kill your portfolio. Refusing to define a loss Not liquidating a losing trade, after you acknowledge the trade’s potential is greatly diminished. -Being stubborn […]
THE MARKET IS ALWAYS RIGHT
If all trading stopped at any particular price, what do you think this price represent? This price would represent the consensus belief about value, relative to the future, of all the traders who are in the market in that moment. The current price is a direct reflection of the beliefs […]
JANUARY 2018 MUMBLING 8
Ready or Not, DO IT!! Waiting until you are “ready” or until you “know” more. What’s holding you back is the thought that something is holding you back