position

Fundamentals of Risk Management in Cryptocurrency Trading

Types of risks There are risks in any financial transactions, there are quite a lot of varieties. For example: market risk - the risk of an unfavorable change in the value of an asset; credit risk - the risk of bankruptcy of the cryptocurrency issuer or failure to fulfill its payment obligations; liquidity risk - the risk of being unable to convert the entire position volume into fiduciary currency (or equivalents) at the best prices; operational risk - the risk of being unable to perform trading operations or deposit / withdrawal of assets. These and many other risks affect the operation and stability of financial markets and individual participants.. When a financial institution or corporation defaults, suffer losses from transactions in financial assets or in operating activities, this negatively affects the prices of the respective assets. This state of affairs usually goes against the interests of stakeholders..

Ten psychological components of successful trading

If you pick up comparisons, then the model of successful trading can be compared with the behavior of a hunter, predator or warrior. In his book The Art of War, Sun Tzu notes, that wars are won before, how do they start. Think about, what conclusions can be drawn from this thesis. When applied to trading, this means, that the success of the deal is determined even before the opening of the position by your mental state and the preparation carried out. Maybe, this statement is not completely true, but I believe, that these two factors have a common effect on your success. Also the quoted quote highlights, how important is the first part of a successful trading model - introspection. Continuation : Ten psychological components of successful trading

Understand the difference between replenishing a losing position and trading on a scale.

One of the biggest mistakes, which traders do, is something, that they keep replenishing a losing position, recklessly hoping for a trend reversal in exchange rate dynamics. If traders persistently risk their deposit, while the price moves against open positions, then losses often reach the point, when players or are forced to leave the market due to lack of funds, or close their positions […]

Risk Management Table for Newcomers to Day Trading on the US Stock Exchange (NYSE,NASDAQ,AMEX)

I wrote a table of the level of the day trader on the NYSE. This is how you need to gain experience for trading on the NYSE for beginners and experienced traders.. It's my personal opinion. *Standard stock position for trading ** Daily loss limit on the day after which trading stops *** Total profit for the week, to go to the next level **** Total minus amount for the week, to go to the previous level For beginners, the transition is carried out after two or three weeks, for more experienced traders a week is enough.

We start testing the Pyramid

From this day on, I start testing my position increase table. – pyramid. In weeks 2 write about the results.

Time for tough measures

Well after two days of plus, on the third day I broke again and did something stupid. There are some new problems in trading : I do by 50-90 cents in a trade and close it to zero I strongly believe in individual trades and put everything on the line I don’t move my stop at no loss Started trading reversals, my trading strategy almost completely excludes them. I am looking for some new sensations and adventures. I do not follow the trading system , Risk management

Position increase table

So far I have made myself such a table for increasing the position size. IN 2 entry. rules : Every new purchase, this is a separate trade Stop is moved to the entire position, but not on 1 price. At least 10C you need to be in the black, to add more shares You cannot increase the position at one price, if the stock stands still. You can improve the price if you accidentally get a very bad price and the stop will be no more than 5C when increasing

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