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Beginner’s Guide to Demand and Supply: 1. The more movement away from the zone → the better 2. HTF zones → LTF zones 3. Quick moves during the retest → the better 4. Refine execution using Order Flow (Absorption) 5. Clusters → Individual candles
The more you “fix” your psychology, the worse your results in trading.
Everyone keeps saying: control your emotions, get rid of biases, be disciplined. This is a mistake. Most of the “psychological problems” of traders are, in fact, just a lack of the right system. Overtrading, exiting a trade early for profit, “revenge trading” — this isn’t about weak will. It’s about not understanding that trading is a probabilistic game where one trade means nothing.
Stop hating bull or bear formations (posts). These are consolidations that can lead to a trend period on the timeframe where they are analyzed. Use stop-losses. Be neutral in your perception. Try to capture directional momentum in asymmetric trading opportunities, ensuring that your risk is calculated and limited.
This is a bullish chart pattern. It can form both as a continuation pattern and as a reversal pattern at the bottom. The upward-sloping lower boundary gives the pattern a bullish bias. The patterns repeat regardless of time, geography, exchange, or instrument. This ascending triangle dates back to 1986. Identified by Peter Brand as a bottom reversal. From his book Trading Commodity Futures with Classical Chart Patterns.
$BTC We will break through this channel upwards, and I think we’ll move quickly to 72k The longer we consolidate at this level, the better Consolidation — expansion #BTC
The fastest way to improve your trading is to completely break the faulty rulebook stuck in your head. Question everything: what you trade, how often you trade, the strategy you saw online and trade by.
Start with a blank slate, assuming there’s no predetermined way to do things. Track your own performance and make adjustments based on YOUR performance, not someone else’s.
The biggest mistake I made was letting other people have too much influence over how I trade. The biggest progress happened when I stopped subconsciously listening to the limitations other people placed on their own trading.
The best ideas I’ve had weren’t the ones I read on the internet—they were the ones I came up with myself.