Good times teach the worst lessons. just sharing my humble 15 years experience for those feeling vulnerable right now because nothing has changed. your equity curve is determined solely by your actions, inaction, and decisions.This is how I started, trading ‘bucket shop’ style accounts with my local brokerage houses to chase the relentless 2010/2011 bull market—almost no corrections until the crash triggered by the European debt crisis. No deposit was required for such account, yet a minimum credit of 20K was always granted, even without a salaried income. Everyone wanted to make money, and that profit motive drove me to explore every opportunity I could, and often, the advice comes from paid educators (i trusted them because of their fame and popularity) who spend more time creating slide
Overcoming Drawdowns: Strengthening Your Trading Strategy
this is the period when most traders feel insecure about their strategy and themselves in the market, making them vulnerable to style-hopping into yet another “get rich quick” program. You’re just covering their losses and fueling their “trading for a living” illusion. Real full-time trading runs much deeper than that.please don't let anyone convince you that you need their course, subscription or trade signals to avoid your current drawdowns YTD. Drawdowns are a natural part of the process, and you should use this opportunity to level up the necessary drawdown management skill set to your strategy.US equities trade even with strongest RS are not sticking, I have lots of stops in this area in less than 3 days holding period. commodities, specifically precious metal and natural gas are trad
$HSI(HSI)$ (Update) - Trading at a new 52 weeks high $KraneShares CSI China Internet ETF(KWEB)$$iShares China Large-Cap ETF(FXI)$, A lesson to share and study.One way up, did not breach 10-MA since 3rd Feb reclaim. Study such structure and consolidation surrounding all coiling key MAs before a strong punch out of a base. Biggest uninterrupted move often happens in the second wave up after first rally leg proved to be a RS leg (Not a broad market rally driven by sympathy participation) Same pattern repeats, similar to my $Kingsoft Cloud Holdings Ltd(KC)$ trade from recent November, and current
There’s been plenty of discussion about $Grab Holdings(GRAB)$ ahead of next week’s earnings release, but for CANSLIM style position traders focusing on price structure, the ideal entry point should have been identified back in early November 2024, supported by seven consecutive quarters of YoY sales growth.How do you first determine a bear market?Series of lower highs and lower lows in indexes based on technicals, 10/20-MA below 50-MA/200-MA based on quallamaggie, or -25% pullback from index high based on conventional wisdom?