Juswa Gems

Bitcoin is a shit coin. Alts are the future 🚀

[Juswa Gems @BJuswa]

@NoContextHumans 🥲

[gaut @0xgaut]

I’m obsessed with this way of visualizing population density

[greg @greg16676935420]

@PicturesFoIder If you ever want your bananas to last longer hang them like this to trick them into thinking they’re still on the tree

[Dan Go @CoachDanGo]

5 exercises I do every morning to supercharge my energy & loosen up the body:

[Sahil Bloom @SahilBloom]

An important Monday reminder.

[Vivek @Vivek_Investor]

Wisdom ❤️

[Brian Roemmele @BrianRoemmele]

The path.

[Steve Burns @SJosephBurns]

Market Wizard Linda Raschke’s 12 Technical Trading Rules:

1. Buy the first pullback after a new high. Sell the first rally after a new low.

2. Afternoon strength or weakness should have follow through the next day.

3. The best trading reversals occur in the morning, not the afternoon.

4. The larger the market gaps, the greater the odds of continuation and a trend.

5. The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness.

6. The previous day’s high and low are two very important “pivot” points, for this was the definitive point where buyers or sellers came in the day before. Look for the market to either test and reverse off these points, or push through and show signs of continuation.

7. The last hour often tells the truth about how strong a trend truly is. “Smart” money shows their hand in the last hour, continuing to mark positions in their favor. As long as a market is having consecutive strong closes, look for up-trend to continue. The up trend is most likely to end when there is a morning rally first, followed by a weak close.

8. High volume on the close implies continuity the next morning in the direction of the last half-hour. In a strongly trending market, look for resumption of the trend in the last hour.

9. The first hour’s range establishes the framework for the rest of the trading day.

10. A greater percentage of the day’s range occurs in the first hour then was the case in the past, and thus it has become increasingly important to trade aggressively if there are early signs of a strong trend for the day.

11. There are four basic principles of price behavior which have held up over time. Confidence that a type of price action is a true principle is what allows a trader to develop a systematic approach. The following four principles can be modeled and quantified and hold true for all time frames, all markets. The majority of patterns or systems that have a demonstrable edge are based on one of these four enduring principles of price behavior. Charles Dow was one of the first to touch on them in his writings.

Principle One: A Trend Has a Higher Probability of Continuation than Reversal

Principle Two: Momentum Precedes Price

Principle Three: Trends End in a Climax

Principle Four: The Market Alternates between Range Expansion and Range Contraction!

12. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.

[Juswa Gems @BJuswa]

@Roman_Trading I’m bullish but somethings not right, it’s way too good to be true 🤷‍♂️

[Steve Burns @SJosephBurns]

10 key lessons from my book:

“Complete Guide to Price Action Trading”

“Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.”—Jesse Livermore

The first principle of price action trading is going with the flow and path of least resistance on a chart.

A signal is when something new happens on a chart that shows a change in the price pattern.

Your trading system contains your complete process, including your watchlist, position sizing parameters, and entry and exit signals. Your trading plan is how you execute the system in the market step by step.

An entry should be taken when the odds of success are in your favor based on past price action, the candlestick or chart pattern, and momentum. Each entry should be made inside the context of a long-term trading system; otherwise, it is just random.

“Whenever I enter a position, I have a predetermined stop. That is the only way I can sleep. I know where I’m getting out before I get in. The position size on a trade is determined by the stop, and the stop is determined on a technical basis.”—Bruce Kovner

Think of your entry signal like the gas pedal and your stop loss as your brakes. Your position sizing is your seatbelt to keep you safe if you must hit your brakes later.

Remember that the difference between a stop loss and a trailing stop is that the former minimizes risk, and the latter maximizes profits.

Develop a filter to enable you to see what really matters in price action. For example, a trend trader needs higher highs and higher lows for uptrends or lower lows and lower highs for downtrends. Breakout traders need to see the price move outside of a range.

The signal is the actionable trading information. The noise is a distraction from what is happening in the big picture.

[vids that go hard @vidsthatgohard]

Bro knocked her money out like its GTA 😭😭😭☠