Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

qdrv

Don't Put All Your Eggs in One Basket"

Recommended Posts

Success is measured by your current status. You've had losses (we've all had) I was trading in the famed flash crash of 2010 and lost, that was a lesson for me to study volatility and history. These two aspects of the market are absolutely essential to study.

 

I believe personally that we are heading into a deflationary economic situation and would advise you to not be long on the majority of your positions, its already a traders market. 40k in capital is a moderate sum to have aside, remember that being on the sidelines waiting for the right trade is a position in itself. He who runs from a fight lives to fight another day is an adage ive come to appreciate in my current trading of commodities.

 

Common and cliche as it may seem too, "dont put all your eggs in one basket"

 

Also, if you have gains, take them. Cut your losses at 7%

Your current status is not giving up, that is awesome I highly respect that. Its like a marathon runner getting back up after falling and losing his first place.

 

Be selective with your trades, small gains make large profits.

 

Another thing to remember, during the gold rushes throughout history, men looked for the large gold nuggets, only to leave disheartened from the area, while others found "flour gold" this is microscopic gold that others passed over. An adage that came from that profit was , "Gold flour makes gold cakes"

 

Small victories are your key.

http://www.qdrv.com

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Topics

  • Posts

    • Ethereum Price Analysis – April 25   ETHUSD Medium-term Trend: Bullish   Resistance: $680, $670, $660 Support: $620, $630, $640   Yesterday, April 24, Ethereum price was in a bullish market and reached the resistance level at $700. The bulls have attempted breaking the resistance level without success. The reason for this is that the resistance level was previously a strong support level that was broken by the bears on March 13, 2018. Today, the asset is trading at $644.55 at the time of writing.   Nevertheless, in the weekly chart, the ETHUSD pair traded up to $709, but was resisted by the bears. The price fell to the $640 low. However, although the price has fallen as per the indicators and price action; the overall trend is bullish. In the weekly chart, the MACD line and the signal line are below the zero line, indicating that the market is bearish.   The 12-day EMA is above the 26-day one and are below the price, indicating that the bullish trend is ongoing.   ETHUSD Short-term trend: Ranging n the daily chart, the price is in a range bound movement. Ethereum was ranging at the $700 resistance level. At $670, the bulls took the price to the resistance zone and were resisted by the bulls at $710. Then there was a pullback to the $640 low when the market went into a range bound movement. The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.
    • $SIG (SIG) Signet Jewelers stock bottom breakout watch,



      analysis http://chart.st/SIG
       
    • This is NOT about “ungoverned” internet at all 
      http://abcnews.go.com/International/age-cyber-warfare-ungoverned-internet-poses-threats-infrastructure/story?id=53276814   This is ? https://www.oftwominds.com/blogapr18/data-influence4-18.html
    • $UVE (UVE) Universal Insurance stock narrow range breakout watch,



      analysis http://chart.st/UVE
       
    • $INFN (INFN) Infinera stock strong day w/ top of range breakout watch,



      analysis http://chart.st/INFN
       
×

Important Information

By using this site, you agree to our Terms of Use.