Tag Archive for: Tips for beginner traders

Trading in the Zone

Trading in the Zone: A Book Review on Trading Psychology

Mark Douglas, author of the popular “Trading in the Zone” book, started his trading career in 1978. However, by 1981, he had lost all his capital, struggling with a lack of discipline and an unbalanced lifestyle. This painful experience was a turning point for him: he dedicated himself to understanding trading psychology, founded a company […]

Bear Trap in Trading

What Is a Bear Trap and How to Use It in Trading?

A bear trap is a market situation that can mislead inattentive traders. It consists of two movements: First, the asset price falls, creating the illusion of the beginning of a downtrend. Traders anticipating further decline rush to sell the asset, becoming bears. However, shortly after, the price begins to rise. This usually happens very rapidly, […]

Volatility Meaning in Finance and How It Works

Volatility: Meaning in Finance and How It Works With Stocks

The word “volatility” comes from the Latin “volātilis” (meaning flying, quick, temporary, changeable). In the context of financial markets, volatility refers to the ability of a financial asset’s price (such as stocks, futures, or cryptocurrencies) to fluctuate. Different assets have varying levels of volatility due to their risk levels and market dynamics. For example, Bitcoin […]

What is Grid trading

What Is Grid Trading and How Does It Work?

Grid trading is a strategy where multiple pending orders (often limit orders) are placed at different price levels to buy and sell an asset, forming a grid. This strategy aims to profit from price swings without having to predict market direction. It is easy to implement but comes with significant risks. Find out if grid […]

How to profitably trade on Wolf Waves

Wolfe Wave Pattern: How to profitably trade on “Wolf Waves”

Wolfe Waves are a trading pattern developed by Bill Wolfe. This article provides a comprehensive guide to trading using this chart pattern. Read more:  How Wolfe Waves Work Identifying Wolfe Waves on a Chart Wolfe Wave Indicator How to Trade Wolfe Waves: General Rules Examples on Charts Trend Trading Trading Trend Reversals What Is the […]

The Megaphone Pattern

Megaphone Pattern: The Best Chart for Trading

The megaphone pattern is a chart formation that looks like an expanding triangle. It appears on the charts of stocks, currency pairs, or other financial instruments, and is characterized by widening boundaries where the highs and lows move in opposite directions, forming a shape similar to a megaphone. Read more: Examples of the Megaphone Pattern […]

Hamster Kombat

Hamster Kombat: How to Play and Trade to Earn

Hamster Kombat is a game app within Telegram, inspired by the popular Notcoin project. Like Notcoin, Hamster Kombat belongs to the tap-to-earn genre. With its easy-to-play format and viral popularity, the game reached 100 million players in just 73 days after its launch in March 2024! As of August 1, the ATAS platform has added […]

Different Types of Trading and Strategies to Get Started

The world of trading is incredibly diverse. Every transaction involves both a buyer and a seller, each aiming to secure a profit. However, they may engage in different styles of trading: one may be buying during a pullback within a long-term rally, while the other could be selling in an intraday downtrend. This article covers: […]

Cryptocurrency Wallet Address

Cryptocurrency Wallet Address: Where to Get It and How to Avoid Mistakes

A wallet address is a unique identifier consisting of letters and numbers, used for sending and receiving cryptocurrencies like Bitcoin, Ethereum, USDT, and more. Read more: What Is a Wallet Address? Examples Included Where to Get a Cryptocurrency Wallet Address? Online Wallets Mobile Wallets Hardware Wallets Desktop Wallets How to Verify an Address and Other […]