Welcome to your (new) weekly dose of buying and selling insights! Each Monday, we’ll deliver you the most recent content material from Tradeciety and Edgewonk, together with ideas, guides, movies, and podcasts to degree up your buying and selling recreation. Here is what we shared final week:
Fibonacci ranges
We kicked off the week with a deep dive into Fibonacci ranges. These instruments are game-changers for pullback and trend-following methods.
Particularly Fibonacci extension ranges are very useful with regards to figuring out higher take revenue targets for pattern continuation trades, and may so assist merchants keep of their profitable trades longer.
If you wish to be taught extra in regards to the Fibonacci instrument, you may as well learn our Fibonacci buying and selling information which we posted some time in the past: use the Fibonacci instrument
Coping with buying and selling trauma and losses
We had the pleasure of internet hosting Mandi, an expert buying and selling efficiency and mindset coach, in an insightful dialog.
We explored how unresolved trauma can have an effect on buying and selling, the most effective methods to deal with drawdowns, and sensible methods to enhance your buying and selling psychology. This session is filled with actionable ideas for managing the psychological facet of buying and selling.
Provide & Demand Buying and selling
In our weekly buying and selling publication (enroll right here), I wrote a step-by-step buying and selling information on learn how to discover, draw, and commerce utilizing Provide & Demand zones.
Provide & Demand (SD) zones are extraordinarily highly effective and can be utilized on all markets and timeframes. SD zones are additionally an awesome different to conventional help and resistance ranges, permitting merchants to determine vital worth ranges on their charts. The excellent news is that discovering SD zones is definitely fairly easy.
Learn the information: discover, draw, and commerce Provide & Demand zones
And whereas we’re at this subject, I wish to share a SD video with you as effectively. This video is among the many hottest YouTube movies on our channel. I put collectively a complete SD crash course for merchants. So if you’re involved in SD buying and selling, this can be a must-watch.
Discover Function and make buying and selling slot in
Within the newest episode of our new “Contained in the Edge” podcast, Moritz dives into learn how to uncover your life’s goal and align it along with your passions.
From self-reflection to actionable methods, discover ways to adapt your targets and make buying and selling a significant a part of your journey towards success and self-actualization.
Take heed to the podcast: discover your goal and make buying and selling slot in
We assist this dealer flip his buying and selling round
As a lot of you’ll know, we additionally developed the Edgewonk buying and selling journal.
Once in a while, I dive into the journals of our prospects to assist them make sense of their knowledge and determine areas for development. Final week’s evaluation was significantly fascinating as a result of the findings have been so common—many merchants will relate to the patterns and challenges we uncovered.
That’s it for this week! Keep tuned for extra buying and selling insights subsequent Monday, and don’t neglect to take a look at the hyperlinks above to make amends for something you missed. Wishing you a profitable buying and selling week forward!