Tips and tricks #1
A stop loss is a risk management tool, used in order to protect your account in the event when the market goes in the opposite direction
-You should always use a stop loss mainly for fundamentals however it is a good practice to always have a stop loss
-If your account is smaller then it will also allow you to decide what amount you are willing to risk
-We would recommend using a stop lose set to 50 pips/500 points
The picture above we show how we implemented a stop loss for a trade on GBP/USD
-The current price is 1.28069
-We are selling so we set our stop loss to 1.28500 which is 50 pips/500 points above the market value
-If we were buying our stop loss would be at 1.27500
Forbes recently wrote an article titled: The Great Cryptocurrency Scam. If you’ve seen this article, and read it (which I encourage you to do), just remember this article written in 1995 by Newsweek: Why the Internet Will Fail. There will always be naysayers, especially with something so revolutionary as the internet and in my opinion, cryptocurrency; it’s easy to doubt something in its infancy. However, I think in 20 years we will look back on this Forbes article, and others like it, and laugh just as we do at the Newsweek article now.
@cryptosaints is an amazing technical trader and speaks the truth day after day on the state of the market, crypto and technical analysis. #trader#investor
0 25 minutes ago
Después de reiteradas veces que se me escapa el precio para luego avanzar en la dirección esperada, decido cerrar la plataforma y canalizar emociones que, según mi historial, nunca llevaron a buen puerto...
Nuevamente entro pasadas unas horas y aún sin ver una entrada clara decidí poner una orden en corto posterior a ver que el precio insistió reiteradas veces en romper una resistencia pero aún sin lograrlo. Decisión errónea porque nunca logra romper tal resistencia y se devuelve, ahora sí, lo suficiente para salir por SL...
TOTAL= -1,50 = -$75
I swear I buy shoes and don’t even wear them! should definitely wear these more if it rains less☔️ #LVGANG
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Retail In The Red 💢
U.S. retailer, #Target, was responsible for a sea of red across its sector yesterday after disappointing #earnings sent it into a sell-off spiral, dragging #Kohl's down with it despite beating analysts' expectations on three fronts!
So, what's going on here?
As an important benchmark for the retail sector in the U.S., Target's earnings miss made investors worried about worse results going into Christmas and new year. This caused investors to dump retail stocks regardless of whether they posted good earnings or bad, making Kohl's a product of collateral damage.
The fact that Target dropped a whopping 11.26% on a marginal earnings miss and Kohl's lost 9.23% in the fallout points to far larger issues in the U.S. equity market as investors remain worried about the effects of Fed rate hikes to come.
The entire market saw a second day of sell-off pressure as major indexes lost between 2-3%. The pain may not yet be over this week, especially in the retail sector - so, batten down the hatches because more waves of red may be on their way!
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@Tandem Diabetes Care Inc : up 17.33 pct BUZZ-Tandem Diabetes up as top analyst upgrades rating to "outperform". .
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- 💎 The Three CONs 💎 have and forever will be the reasons for my success 🔥.
🔑 Confirmations 🔑 Confidence 🔑 Consistency 🔑
SUCCESS is created by CONSISTENCY 🔥 but you can’t have consistency without CONFIDENCE 🙌🏽 and in order to be more confident you’d need more CONFIRMATIONS ✅ to back up your actions 👌🏽💡...
🧠 CONFIRMATIONS are made AFTER you’ve came up with any type of beneficial idea 💡, and have took time to find REASONS on why you feel like that idea could potentially work 🤩🙌🏽...
💪🏽 CONFIDENCE is needed for you to TAKE ACTION 🔨‼️ If you got reasoning to your idea, then test it out 💯💯💯. Don’t be afraid and let time go by, because someone could have taken action with the same thoughts and benefited for themselves 🙆🏽♂️...
.... You’ll only win during this step 🏆 You will either WIN (be right and learn from it) or WIN (be wrong and learn from it). Either way, you’re STILL a WINNER 💪🏽🏆🥂😎...
... Losers 👎🏽 are made when you QUIT 😩, don’t take action PERIOD 🤦🏽♂️, or choose to NOT learn from either outcomes 😷...
🎩 CONSISTENCY only comes when confirmations and confidence are applied 🤝 to your idea 🔑 Each is still a learning experience to see how courageous you can be 👊🏽🔥🔥 If you face that fear consistently, you’ll NEVER FAIL ✨...
EVERYYYYY successful person has applied these steps to their lives 💫 so why can’t you for your goals? 🧐 .... RUN IT UP 💫‼️