Activity
Mon
Wed
Fri
Sun
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
What is this?
Less
More

Memberships

Trading P Money On Steroids

Public • 29 • Free

2 contributions to Trading P Money On Steroids
Welcome! Introduce yourself + share a pic of your workspace 🎉
Let's get to know each other! Comment below sharing where you are in the world, a photo of your workspace, and something you like to do for fun. 😊
12
26
New comment 8h ago
3 likes • 2d
Hi everyone, I'm new here,want to understand trading, felling excited to know more
Why Trading with the Trend is Essential
Trading with the trend gives us the advantage of aligning with the market's momentum. Essentially, when we trade in the direction of the prevailing trend, we are riding the wave, reducing risk and increasing the probability of a successful trade. Markets often move in trends—either upwards, downwards, or sideways. Identifying and trading within these trends is one of the simplest yet most effective ways to maximize profitability. How to Identify the Trend: One of the best tools to identify the trend is the 200 EMA (Exponential Moving Average). The 200 EMA smooths out price fluctuations, helping us visualize the overall direction of the market over a long period. Here's how you can use it: - Uptrend: When the price is above the 200 EMA, the market is in an uptrend. This signals that buying is the more favorable option. - Downtrend: When the price is below the 200 EMA, the market is in a downtrend, indicating that selling opportunities are more favorable. Example: In the chart below, we see the price moving above and below the 200 EMA. As long as the price stays below the 200 EMA, we should focus on short (sell) positions. If the price crosses and stays above, we should shift our focus to long (buy) positions. Key Takeaways: 1. Trade in the direction of the trend – It reduces risk and boosts success. 2. Use the 200 EMA – It simplifies the process of identifying whether we are in an uptrend or downtrend. 3. Be patient – Wait for confirmation before entering trades to avoid false breakouts.
17
21
New comment 21h ago
Why Trading with the Trend is Essential
2 likes • 3d
Wow nice strategy 👏
1-2 of 2
Tapati Das
2
15points to level up
@tapati-das-2988
Feeling awesome

Active 2d ago
Joined Oct 4, 2024
powered by