SVB Financial Group (SIVB) – the parent company of the Silicon Valley Bank, collapsed literally within two days? How come such a giant company with nearly $200 billion worth of deposits be in a mess just like that? SIVB stock price by TradingView The answer has three facets: SVB collapse (in a nutshell) Key takeaways … Read more
I recently watched a documentary about the Veeries – a type of bird in northern North America. A research study has shown that the Veery can predict the severity of the hurricane season better than the meteorologists, months ahead in time. Unbelievable right? But it’s true… There is a strong correlation between, how soon or … Read more
The purpose of technically analyzing a price-chart is to possibly forecast the direction and the movement of price. There are hundreds if not thousands of technical indicators freely available for the purpose of technical analysis. This makes it difficult to chose the right method or tool for trading, specially for beginners. Even worse, I’ve seen … Read more
Confluence in trading means to integrate multiple strategies, tools and forecasting methods, into one complete trading system. Every indicator and tool serves a unique purpose. For example, a moving average is useful to identify the direction and the trend of price over a period of time… and only that! We know that any MA crossover … Read more
Cryptocurrency markets are no doubt the most volatile of all. Partly because Bitcoin and other cryptocurrencies, as well as tokens based on “smart-contracts”, have amassed a flood of amateur wealth-seekers into the financial markets. Overnight millionaire stories have become more common. But within this fledgling niche, it is not so unusual to hear about epic failures too. The potential … Read more
Why pending orders are such a useful method? There are numerous benefits of using pending orders instead of market orders. If you are not using pending orders, perhaps this post could help you to reconsider your methods of order placement. Working with pending orders helps you have a relaxed mindset when you do the analysis. Be it … Read more
Have you ever been in a situation where the market reverses in the opposite direction, as soon as you enter a trade? Have you ever wondered, “only if I had taken the opposite side on all my trades…”? Do you feel like the market is always against you, no matter what? If you answered yes to any of … Read more
Win percentage is the most deceiving factor in a trading journal. What must be prominent is in fact, the profitability instead of the winning percentage. It does not make sense even if you have a 99% of win percentage, and that one trade out of hundred, wipes out all the profit. So what is a good … Read more
Traders have been using Elliott waves theory (is not a theory anymore in my opinion) for decades. Although the rules and guidelines are quite simple to understand, it becomes a daunting task to implement it in the actual day-to-day trading. Today’s lesson is about how to trade using Elliott waves. I will show you exactly how I … Read more
Manage stop loss and reduce losses In today’s post we will discuss about ‘how to manage stop loss’ in trading. Stop loss management is critical for the success or failure of any strategy. This is why well defined strategies have emphasis on stop loss, take profit and risk to reward ratio. The topic of stop … Read more