17 April, 2018
Manage Your Risk and Deal
Good deal or bad deal, it is definitely big deal. If you are involved in the Bitcoin, you probably understand and appreciate what it means. Manage your risk!
For the last 60 or 50 years, people normally got rich selling products or goods. Of course many story about get rich through gambling. Many consider trading a gambling. Well, there is a fifty per cent chance of correct. Chance of getting right ten time in a row is possible, if you ask the statistician.
However for Technical Analysis, there will probably totally disagree with the link of gambling and trading. There is a very think line to divide the two. Ask many of the successful traders. Many do not even read the chart. They do not use visual tool, but use audio. Well, each successful trader has their way of manage their trade. One thing for sure, manage their money, manage their risk.
Don’t play play [Singlish, Singapore English.]
All the trading instruments requires some sort of education and wisdom and not just simply trade.
Bitcoin
We continue to follow crypto currencies as they are in the news. Are looking for unique opportunities should they occur? Be sure you manage your risk, as some are disputing the fact of bitcoin.
US Stock Chart Analysis
BTCUSD Bitcoin In US Dollar Charting
Picture worth a thousand words, study the following BTC USD chart, after the rally in last year October to December, the rush seems to cool down quite a lot. Using Fibonacci Retracement, swing low to high, we could see the price action had pullback more than 50%, many have got their finger burnt. For those try to catch the missing boat may got sink. The pullback was near 78.6% and again retest near 78.6%. Manage your risk.
Manage your risk!
April 15, 2018 Bitcoin in USD Charting
Moses US Stock Chart Analysis
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.