Big thanks to Carl from The Moon! Check out his channel
✅Follow EllioTrades on Twitter: https://www.twitter.com/elliotrades
✅Join my telegram to chat with me directly: https://t.me/elliotradescrypto
How Carl got into crypto
0:00 Intro
5:00 How did he go full time crypto
8:44 Starting with very little money?
11:12 Consistency Pays Off
15:20 Trial and Error
16:22 What’s happening for Bitcoin
18:00 The melting ice cube
20:35 Long Term Analysis
22:34 Infinite Dilution
24:34 3 Quintillion
25:00 Liquidity is Key
26:30 Outro
#Bitcoin #Altcoins #Ethereum
FOR EXPERIENCED TRADERS ONLY!!
🔳 Join *PrimeXBT* Platform ►► https://go.primexbt.com/click?pid=225… Get a 50% BONUS with Code: EllioTrades
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR!
The Fear Factor in Forex Trading
Understanding how the mind works in forex trading There will be occasions where you do things which are surprising. The fear factor can make you abandon a perfectly sustainable strategy in favor of short term cowardice. In some instances this fear factor has been exaggerated by the industry in order to push you into riskier markets.
The Psychology of Forex TradingAlthough the ambition is to have forex trading which is logical, mind games tend to play a role as well. The mind is an important component in determining whether you are going to win or you are going to lose. The trading floor can be a jungle and you need to be exceptionally stable in order to negotiate all the traps which are laid for you.
How World Events Can Affect Forex TradingA recent scan of world events will show the political connotations of these affairs. Forex trading is not immune to the realities of the economies within which it operates. If you have instability then it is impossible for the currency to sustain long term growth. You can make profits on world events but it is also possible that you will suffer spectacular losses. The fact that few qualifications are required to join the forex trading makes it difficult to control the sector. The need to consider world events is very critical to your success.
Some Money Management Tips for Forex TradingUnderstanding the money management aspects of forex trading – Learn to defend the money which you have in forex trading. That means that you keep the losses as small as possible in all the circumstances. You need to understand how probability can affect the pot of money which you have set aside for trading.
Trading With Bollinger BandsBollinger bands, which is one of the most common indicators found on trading chart, can work beautifully when used with other technical analysis indicators like Stochastic Oscillator, Relative Strength Index (RSI) And Average Directional Index (ADX). Let’s take a look how this combination works in taking trade positions in different market scenarios.
