Trading

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Overall learnings:

-KILL THE EGO. Assume the market always wants to move against you,
because it wants. Unless theres clear evidence of the trend, DONT trade.
MACD and RSI seem to be the best indicators.
Look at least 10 hours before submitting any order.
Look at different times, 1m, 15m and 1h FOR EVERY STRATEGY.
Always have some orders in the extremes, just in case some liquidity
investor appears.
Only trade if: RSI, MACD, Chart pattern, Fundamentals change.
Shorting is considerably more dangerous than longing, only do it if theres
strong evidence (RSI and MACD).
If youre sure something will go up, its aright to hold some loses (20% ish)

Intra-trend (just minutes) specific learnings:


Dont buy when close to a strong support/resistance, wait till you get there
(like 1200)
Its preferably to buy one tick after the peak/bottom, if you really have to
check if its the peak or bottom, then you dont have any idea where the
price is heading.
Only do it on periods of high volatility
Knot: After drastic changes on price for quite some time, a quiet moment
where the prices doesnt moves neither up nor down (3-20minutes). They
just mean a strong breakout, either up or down.
Unless clearly evidence of a strong intra-trend reversal, only trade in the
same direction as the medium trend.

Medium trend specific learnings (days):

Crashes:
Crashes (due to fundamentals) are way too fast, especially with wales and
bots, dont even try to do a market sell/buy, only rely on trailing stop (5% vs
20%+ crash).
Crashes (due to fundamentals) are completely unpredictable, the drop,
peak, drop pattern does not necessarily works. This is because the first drop
may have been way deeper than it should have been. Only trade with the
drop and the subsequent rally. DONT do any more after that.
Itd be logical to think that when difference in price between brokers, the
brokers price with the lesser volume will have to adapt to the one with more
volume. It has nothing to do and conclusions shouldnt be drawn upon
volume.
Not sure if dead cat bounce? Look at the RSI and if it has two red ticks and
flatish, its going to go down again

After a crash/super pump, theres periods of high volatility. Try not to time
the bounce, its imposible, just ride the trend.

Chart patterns:
Reversal:

Continuation:
Bilateral (Breakout): (its said that ascending/descending
triangle breakout in the same direction as their name, but dont take
that for granted)

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