Cryptocurrency Trading: Beginner to Advance – FindMeMentor ...

In urgent need of a professional Crypto trading consultant/Mentor to speak to! Would appreciate recommendations?

Hi Guys,
I have been investing in Crypto for a few years and have pretty decent returns over time. I recently moved to margin trading a few months ago, and made some pretty some serious errors, which has put a significant part of Net Worth at risk in open positions (Talking about high 6 figures here). This has obviously been quite a learning experience and a significant source of stress at the same time.
With that in mind, I need to deal with the cards I have in hand and I am looking to speak to an experienced trader, that I can consult to work out a strategy to minimize my losses in the current situation. I would appreciate any recommendations. I am happy to pay the right person for their time, ideally someone has some credibility online.
Alternatively, if you are an experienced trader and just happy to help, please reach out to me as well.
Many Thanks
submitted by consultant2b to Bitcoin [link] [comments]

[SCAM ALERT] The Truth About The Scammers on Telegram! *screenshot proof*

Full admission: I am fairly new in Crypto scene but I have a long background in marketing and customer acquisition, and I see exactly how they are leveraging the demand for insider trading for their own personal gain. On Telegram, these trade groups have two different tiers (Free and Paid). On the free Tier channels, they provide crypto signals (which are clearly dated) and to tease you, they often post screenshots of the "successes" and "80% gains" made by the "Premium" members. That's one hell of an incentive to join right? Don't be fooled - These premium trade groups cost roughly 0.3 BTC (~$370) per month!
Now, don't get me wrong - I respect the hustle, get ya money! But this is where I take a problem with it. These channels are all banned together and create these "flash sales" where they offer you a chance to join a premium group for free. The catch is you have roughly one minute to join. The naive side of me thought "THIS IS MY CHANCE TO JOIN PREMIUM FOR FREE - GREAT!!!!" Wrong! When you click the link, it send you to another free tier group. When you join the group you first think your finally in a premium trade chat - nope! They send you to somebody else who is running the same scam. The new "group" you just joined begins to offer the same advertisement "CLICK HERE TO JOIN PREMIUM FOR FREE! 60 SECONDS LEFT!" - I say to myself, "Wait, I just joined this group bc the previous group said this link is the link for premium". Something wasn't right, so I being to DM the mods and asked what's going on. They replied only with a screenshot of instructions on how to pay for the premium channel. Pure bait and switch.
Also, they claim they are "Not Cross Promoting" but you can clearly go to the second channel and you will see the exact same "Not Cross Promotion". That's just lazy deceptive marketing at best!
I've been following these deceptive practices and here is a list of the scammers i've found so far:
Palm Beach Signals + Takeshi Sato!!; Coin Trading Signal TM; Crypto Signals TM; Crypto Signal TM; Trading TM (big scam); Bittrex Best Signals; Crypto Trading Mentor; VIP Crypto TM; Trading Crypto Expert; Crypto Experts Signal (R); Crypto Adviser; CryptoHero; Palm Beach VIP TM; Trading Crypto Expert TM
Proof: https://imgur.com/aZwSJ8U https://imgur.com/a/0HQU2 https://imgur.com/a/fz2WR https://imgur.com/a/rdLww https://imgur.com/a/5wAg0
Proof of Cross Promoting (while claiming they are not): https://imgur.com/a/8oMSH https://imgur.com/a/cOx3S
I'm pretty sure their are plenty more channels out there but at least I know these guys are colluding with each other! It's a cycle that leads you to join a bunch of channels which all don't offer very much value.
If you have more channels to add to this list, feel free to comment and include them.. Like I said, get ya money! I'm all for the hustle, but don't deceive and manipulate good people into taking their money. These are scams and if they actually had highly accurate market reads they like they claim, they would get investor capital and make way money privately. Their cash cow is YOU - the eager newbie!
More info on how they work here: https://bitfalls.com/2018/01/12/anatomy-pump-dump-group/
submitted by J-DayMusic to CryptoCurrencies [link] [comments]

[META] The Truth About 'Takeshi Soto and The Big Trade Groups That ARE Scamming Folks On Telegram! *SCREENSHOT PROOF*

Full admission: I am fairly new in Crypto scene but I have a long background in marketing and customer acquisition, and I see exactly how they are leveraging the demand for insider trading for their own personal gain. On Telegram, these trade groups have two different tiers (Free and Paid). On the free Tier channels, they provide crypto signals (which are clearly dated) and to tease you, they often post screenshots of the "successes" and "80% gains" made by the "Premium" members. That's one hell of an incentive to join right? Don't be FOOLED - These premium trade groups cost roughly 0.3 BTC (~$370) per month!
Now, don't get me wrong - I respect the hustle, get ya money! But this is where I take a problem with it. These channels are all banned together and create these "flash sales" where they offer you a chance to join a premium group for FREE. The catch is you have roughly one minute to join. The naive side of me thought "THIS IS MY CHANCE TO JOIN PREMIUM FOR FREE - GREAT!!!!" WRONG! When you click the link, it send you to another FREE tier group. When you join the group you first think your finally in a premium trade chat - NOPE! They send you to somebody else who is running the same scam. The new "group" you just joined begins to offer the same advertisement "CLICK HERE TO JOIN PREMIUM FOR FREE! 60 SECONDS LEFT!" - I say to myself, "WAIT, I JUST joined this group bc the previous group said this link IS the link for PREMIUM". Something wasn't right, so I being to DM the mods and asked what's going on. They replied only with a screenshot of instructions on how to PAY for the premium channel. PURE bait and switch.
Also, they claim they are "Not Cross Promoting" but you can clearly go to the second channel and you will see the EXACT SAME "Not Cross Promotion". That's just lazy deceptive marketing AT BEST!
I've been following these deceptive practices and here is a list of the scammers i've found so far:
PALM BEACH SIGNALS + Takeshi Sato!! Coin Trading Signal TM Crypto Signals TM Crypto Signal TM Trading TM (big SCAM) Bittrex Best Signals Crypto Trading Mentor VIP Crypto TM Trading Crypto Expert Crypto Experts Signal (R) Crypto Adviser CryptoHero Palm Beach VIP TM Trading Crypto Expert TM
Proof: https://imgur.com/aZwSJ8U https://imgur.com/a/0HQU2 https://imgur.com/a/fz2WR https://imgur.com/a/rdLww https://imgur.com/a/5wAg0
Proof of Cross Promoting (while claiming they are not): https://imgur.com/a/8oMSH https://imgur.com/a/cOx3S
I'm pretty sure their are plenty more channels out there but at least I know these guys ARE ALL colluding with each other! It's a cycle that leads you to join a bunch of channels which all don't offer very much value.
If you have more channels to add to this list, feel free to comment and include them.. Like I said, get ya money! I'm all for the hustle, but don't deceive and manipulate good people into taking their money. These are scams and if they actually had highly accurate market reads they like they claim, they would get investor capital and make WAY money privately. Their cash cow is YOU - the eager newbie!
submitted by J-DayMusic to CryptoTrade [link] [comments]

[SCAM ALERT] The Truth About The Scammers on Telegram! *screenshot proof*

Full admission: I am fairly new in Crypto scene but I have a long background in marketing and customer acquisition, and I see exactly how they are leveraging the demand for insider trading for their own personal gain. On Telegram, these trade groups have two different tiers (Free and Paid). On the free Tier channels, they provide crypto signals (which are clearly dated) and to tease you, they often post screenshots of the "successes" and "80% gains" made by the "Premium" members. That's one hell of an incentive to join right? Don't be fooled - These premium trade groups cost roughly 0.3 BTC (~$370) per month!
Now, don't get me wrong - I respect the hustle, get ya money! But this is where I take a problem with it. These channels are all banned together and create these "flash sales" where they offer you a chance to join a premium group for free. The catch is you have roughly one minute to join. The naive side of me thought "THIS IS MY CHANCE TO JOIN PREMIUM FOR FREE - GREAT!!!!" Wrong! When you click the link, it send you to another free tier group. When you join the group you first think your finally in a premium trade chat - nope! They send you to somebody else who is running the same scam. The new "group" you just joined begins to offer the same advertisement "CLICK HERE TO JOIN PREMIUM FOR FREE! 60 SECONDS LEFT!" - I say to myself, "Wait, I just joined this group bc the previous group said this link is the link for premium". Something wasn't right, so I being to DM the mods and asked what's going on. They replied only with a screenshot of instructions on how to pay for the premium channel. Pure bait and switch.
Also, they claim they are "Not Cross Promoting" but you can clearly go to the second channel and you will see the exact same "Not Cross Promotion". That's just lazy deceptive marketing at best!
I've been following these deceptive practices and here is a list of the scammers i've found so far:
Palm Beach Signals + Takeshi Sato!!; Coin Trading Signal TM; Crypto Signals TM; Crypto Signal TM; Trading TM (big scam); Bittrex Best Signals; Crypto Trading Mentor; VIP Crypto TM; Trading Crypto Expert; Crypto Experts Signal (R); Crypto Adviser; CryptoHero; Palm Beach VIP TM; Trading Crypto Expert TM
Proof: https://imgur.com/aZwSJ8U https://imgur.com/a/0HQU2 https://imgur.com/a/fz2WR https://imgur.com/a/rdLww https://imgur.com/a/5wAg0
Proof of Cross Promoting (while claiming they are not): https://imgur.com/a/8oMSH https://imgur.com/a/cOx3S
I'm pretty sure their are plenty more channels out there but at least I know these guys are colluding with each other! It's a cycle that leads you to join a bunch of channels which all don't offer very much value.
If you have more channels to add to this list, feel free to comment and include them.. Like I said, get ya money! I'm all for the hustle, but don't deceive and manipulate good people into taking their money. These are scams and if they actually had highly accurate market reads they like they claim, they would get investor capital and make way money privately. Their cash cow is YOU - the eager newbie!
submitted by J-DayMusic to CryptoCurrency [link] [comments]

The Truth About 'Takeshi Soto and The Big Trade Groups That ARE Scamming Folks On Telegram! *SCREENSHOT PROOF*

Full admission: I am fairly new in Crypto scene but I have a long background in marketing and customer acquisition, and I see exactly how they are leveraging the demand for insider trading for their own personal gain. On Telegram, these trade groups have two different tiers (Free and Paid). On the free Tier channels, they provide crypto signals (which are clearly dated) and to tease you, they often post screenshots of the "successes" and "80% gains" made by the "Premium" members. That's one hell of an incentive to join right? Don't be FOOLED - These premium trade groups cost roughly 0.3 BTC (~$370) per month!
Now, don't get me wrong - I respect the hustle, get ya money! But this is where I take a problem with it. These channels are all banned together and create these "flash sales" where they offer you a chance to join a premium group for FREE. The catch is you have roughly one minute to join. The naive side of me thought "THIS IS MY CHANCE TO JOIN PREMIUM FOR FREE - GREAT!!!!" WRONG! When you click the link, it send you to another FREE tier group. When you join the group you first think your finally in a premium trade chat - NOPE! They send you to somebody else who is running the same scam. The new "group" you just joined begins to offer the same advertisement "CLICK HERE TO JOIN PREMIUM FOR FREE! 60 SECONDS LEFT!" - I say to myself, "WAIT, I JUST joined this group bc the previous group said this link IS the link for PREMIUM". Something wasn't right, so I being to DM the mods and asked what's going on. They replied only with a screenshot of instructions on how to PAY for the premium channel. PURE bait and switch.
Also, they claim they are "Not Cross Promoting" but you can clearly go to the second channel and you will see the EXACT SAME "Not Cross Promotion". That's just lazy deceptive marketing AT BEST!
I've been following these deceptive practices and here is a list of the scammers i've found so far:
PALM BEACH SIGNALS + Takeshi Sato!! Coin Trading Signal TM Crypto Signals TM Crypto Signal TM Trading TM (big SCAM) Bittrex Best Signals Crypto Trading Mentor VIP Crypto TM Trading Crypto Expert Crypto Experts Signal (R) Crypto Adviser CryptoHero Palm Beach VIP TM Trading Crypto Expert TM
Proof: https://imgur.com/aZwSJ8U https://imgur.com/a/0HQU2 https://imgur.com/a/fz2WR https://imgur.com/a/rdLww https://imgur.com/a/5wAg0
Proof of Cross Promoting (while claiming they are not): https://imgur.com/a/8oMSH https://imgur.com/a/cOx3S
I'm pretty sure their are plenty more channels out there but at least I know these guys ARE ALL colluding with each other! It's a cycle that leads you to join a bunch of channels which all don't offer very much value.
If you have more channels to add to this list, feel free to comment and include them.. Like I said, get ya money! I'm all for the hustle, but don't deceive and manipulate good people into taking their money. These are scams and if they actually had highly accurate market reads they like they claim, they would get investor capital and make WAY money privately. Their cash cow is YOU - the eager newbie!
submitted by J-DayMusic to CryptoMarkets [link] [comments]

The Truth About 'Takeshi Soto and The Big Trade Groups That ARE Scamming Folks On Telegram! *SCREENSHOT PROOF*

Full admission: I am fairly new in Crypto scene but I have a long background in marketing and customer acquisition, and I see exactly how they are leveraging the demand for insider trading for their own personal gain. On Telegram, these trade groups have two different tiers (Free and Paid). On the free Tier channels, they provide crypto signals (which are clearly dated) and to tease you, they often post screenshots of the "successes" and "80% gains" made by the "Premium" members. That's one hell of an incentive to join right? Don't be FOOLED - These premium trade groups cost roughly 0.3 BTC (~$370) per month!
Now, don't get me wrong - I respect the hustle, get ya money! But this is where I take a problem with it. These channels are all banned together and create these "flash sales" where they offer you a chance to join a premium group for FREE. The catch is you have roughly one minute to join. The naive side of me thought "THIS IS MY CHANCE TO JOIN PREMIUM FOR FREE - GREAT!!!!" WRONG! When you click the link, it send you to another FREE tier group. When you join the group you first think your finally in a premium trade chat - NOPE! They send you to somebody else who is running the same scam. The new "group" you just joined begins to offer the same advertisement "CLICK HERE TO JOIN PREMIUM FOR FREE! 60 SECONDS LEFT!" - I say to myself, "WAIT, I JUST joined this group bc the previous group said this link IS the link for PREMIUM". Something wasn't right, so I being to DM the mods and asked what's going on. They replied only with a screenshot of instructions on how to PAY for the premium channel. PURE bait and switch.
Also, they claim they are "Not Cross Promoting" but you can clearly go to the second channel and you will see the EXACT SAME "Not Cross Promotion". That's just lazy deceptive marketing AT BEST!
I've been following these deceptive practices and here is a list of the scammers i've found so far:
PALM BEACH SIGNALS + Takeshi Sato!! Coin Trading Signal TM Crypto Signals TM Crypto Signal TM Trading TM (big SCAM) Bittrex Best Signals Crypto Trading Mentor VIP Crypto TM Trading Crypto Expert Crypto Experts Signal (R) Crypto Adviser CryptoHero Palm Beach VIP TM Trading Crypto Expert TM
Proof: https://imgur.com/aZwSJ8U https://imgur.com/a/0HQU2 https://imgur.com/a/fz2WR https://imgur.com/a/rdLww https://imgur.com/a/5wAg0
Proof of Cross Promoting (while claiming they are not): https://imgur.com/a/8oMSH https://imgur.com/a/cOx3S
I'm pretty sure their are plenty more channels out there but at least I know these guys ARE ALL colluding with each other! It's a cycle that leads you to join a bunch of channels which all don't offer very much value.
If you have more channels to add to this list, feel free to comment and include them.. Like I said, get ya money! I'm all for the hustle, but don't deceive and manipulate good people into taking their money. These are scams and if they actually had highly accurate market reads they like they claim, they would get investor capital and make WAY money privately. Their cash cow is YOU - the eager newbie!
submitted by J-DayMusic to CryptoCurrency [link] [comments]

[SCAM] The Truth About The Scammers on Telegram! *SCREENSHOT PROOF*

Full admission: I am fairly new in Crypto scene but I have a long background in marketing and customer acquisition, and I see exactly how they are leveraging the demand for insider trading for their own personal gain. On Telegram, these trade groups have two different tiers (Free and Paid). On the free Tier channels, they provide crypto signals (which are clearly dated) and to tease you, they often post screenshots of the "successes" and "80% gains" made by the "Premium" members. That's one hell of an incentive to join right? Don't be FOOLED - These premium trade groups cost roughly 0.3 BTC (~$370) per month!
Now, don't get me wrong - I respect the hustle, get ya money! But this is where I take a problem with it. These channels are all banned together and create these "flash sales" where they offer you a chance to join a premium group for FREE. The catch is you have roughly one minute to join. The naive side of me thought "THIS IS MY CHANCE TO JOIN PREMIUM FOR FREE - GREAT!!!!" WRONG! When you click the link, it send you to another FREE tier group. When you join the group you first think your finally in a premium trade chat - NOPE! They send you to somebody else who is running the same scam. The new "group" you just joined begins to offer the same advertisement "CLICK HERE TO JOIN PREMIUM FOR FREE! 60 SECONDS LEFT!" - I say to myself, "WAIT, I JUST joined this group bc the previous group said this link IS the link for PREMIUM". Something wasn't right, so I being to DM the mods and asked what's going on. They replied only with a screenshot of instructions on how to PAY for the premium channel. PURE bait and switch.
Also, they claim they are "Not Cross Promoting" but you can clearly go to the second channel and you will see the EXACT SAME "Not Cross Promotion". That's just lazy deceptive marketing AT BEST!
I've been following these deceptive practices and here is a list of the scammers i've found so far:
PALM BEACH SIGNALS + Takeshi Sato!! Coin Trading Signal TM Crypto Signals TM Crypto Signal TM Trading TM (big SCAM) Bittrex Best Signals Crypto Trading Mentor VIP Crypto TM Trading Crypto Expert Crypto Experts Signal (R) Crypto Adviser CryptoHero Palm Beach VIP TM Trading Crypto Expert TM
Proof: https://imgur.com/aZwSJ8U https://imgur.com/a/0HQU2 https://imgur.com/a/fz2WR https://imgur.com/a/rdLww https://imgur.com/a/5wAg0
Proof of Cross Promoting (while claiming they are not): https://imgur.com/a/8oMSH https://imgur.com/a/cOx3S
I'm pretty sure their are plenty more channels out there but at least I know these guys ARE ALL colluding with each other! It's a cycle that leads you to join a bunch of channels which all don't offer very much value.
If you have more channels to add to this list, feel free to comment and include them.. Like I said, get ya money! I'm all for the hustle, but don't deceive and manipulate good people into taking their money. These are scams and if they actually had highly accurate market reads they like they claim, they would get investor capital and make WAY money privately. Their cash cow is YOU - the eager newbie!
submitted by J-DayMusic to CryptoCurrency [link] [comments]

[SCAM ALERT] The Truth About The Scammers on Telegram! *screenshot proof*

Full admission: I am fairly new in Crypto scene but I have a long background in marketing and customer acquisition, and I see exactly how they are leveraging the demand for insider trading for their own personal gain. On Telegram, these trade groups have two different tiers (Free and Paid). On the free Tier channels, they provide crypto signals (which are clearly dated) and to tease you, they often post screenshots of the "successes" and "80% gains" made by the "Premium" members. That's one hell of an incentive to join right? Don't be fooled - These premium trade groups cost roughly 0.3 BTC (~$370) per month!
Now, don't get me wrong - I respect the hustle, get ya money! But this is where I take a problem with it. These channels are all banned together and create these "flash sales" where they offer you a chance to join a premium group for free. The catch is you have roughly one minute to join. The naive side of me thought "THIS IS MY CHANCE TO JOIN PREMIUM FOR FREE - GREAT!!!!" Wrong! When you click the link, it send you to another free tier group. When you join the group you first think your finally in a premium trade chat - nope! They send you to somebody else who is running the same scam. The new "group" you just joined begins to offer the same advertisement "CLICK HERE TO JOIN PREMIUM FOR FREE! 60 SECONDS LEFT!" - I say to myself, "Wait, I just joined this group bc the previous group said this link is the link for premium". Something wasn't right, so I being to DM the mods and asked what's going on. They replied only with a screenshot of instructions on how to pay for the premium channel. Pure bait and switch.
Also, they claim they are "Not Cross Promoting" but you can clearly go to the second channel and you will see the exact same "Not Cross Promotion". That's just lazy deceptive marketing at best!
I've been following these deceptive practices and here is a list of the scammers i've found so far:
Palm Beach Signals + Takeshi Sato!!; Coin Trading Signal TM; Crypto Signals TM; Crypto Signal TM; Trading TM (big scam); Bittrex Best Signals; Crypto Trading Mentor; VIP Crypto TM; Trading Crypto Expert; Crypto Experts Signal (R); Crypto Adviser; CryptoHero; Palm Beach VIP TM; Trading Crypto Expert TM
Proof: https://imgur.com/aZwSJ8U https://imgur.com/a/0HQU2 https://imgur.com/a/fz2WR https://imgur.com/a/rdLww https://imgur.com/a/5wAg0
Proof of Cross Promoting (while claiming they are not): https://imgur.com/a/8oMSH https://imgur.com/a/cOx3S
I'm pretty sure their are plenty more channels out there but at least I know these guys are colluding with each other! It's a cycle that leads you to join a bunch of channels which all don't offer very much value.
If you have more channels to add to this list, feel free to comment and include them.. Like I said, get ya money! I'm all for the hustle, but don't deceive and manipulate good people into taking their money. These are scams and if they actually had highly accurate market reads they like they claim, they would get investor capital and make way money privately. Their cash cow is YOU - the eager newbie!
submitted by J-DayMusic to cryptocurrencyscams [link] [comments]

Walking from a regular user to a crypto investor and trader is easier when you have an experienced mentor. Taklimakan establishes a mentoring system when specialists who have long been working in the cryptocurrency market provide newcomers with their trading tips, analytics, and training materials.

Walking from a regular user to a crypto investor and trader is easier when you have an experienced mentor. Taklimakan establishes a mentoring system when specialists who have long been working in the cryptocurrency market provide newcomers with their trading tips, analytics, and training materials. submitted by QuietMud7 to CryptoKami [link] [comments]

Walking from a regular user to a crypto investor and trader is easier when you have an experienced mentor. Taklimakan establishes a mentoring system when specialists who have long been working in the cryptocurrency market provide newcomers with their trading tips, analytics, and training materials.

submitted by cryptoallbot to cryptoall [link] [comments]

Cryptocurrency Market - Crypto Investing #126 - 8 Keys To Finding A Good Trading Mentor - By Tai Zen

Cryptocurrency Market - Crypto Investing #126 - 8 Keys To Finding A Good Trading Mentor - By Tai Zen submitted by Yanlii to cryptovideos [link] [comments]

New to crypto currency and very very keen to find a coach and mentor that I can pay to teach me the basics of trading reading charts understanding block chain etc via Skype etc just brought some nimiq but have no idea what I am doing and would like to invest more

submitted by leffelaar to Nimiq [link] [comments]

Former investment bank FX trader: Risk management part 3/3

Former investment bank FX trader: Risk management part 3/3
Welcome to the third and final part of this chapter.
Thank you all for the 100s of comments and upvotes - maybe this post will take us above 1,000 for this topic!
Keep any feedback or questions coming in the replies below.
Before you read this note, please start with Part I and then Part II so it hangs together and makes sense.
Part III
  • Squeezes and other risks
  • Market positioning
  • Bet correlation
  • Crap trades, timeouts and monthly limits

Squeezes and other risks

We are going to cover three common risks that traders face: events; squeezes, asymmetric bets.

Events

Economic releases can cause large short-term volatility. The most famous is Non Farm Payrolls, which is the most widely watched measure of US employment levels and affects the price of many instruments.On an NFP announcement currencies like EURUSD might jump (or drop) 100 pips no problem.
This is fine and there are trading strategies that one may employ around this but the key thing is to be aware of these releases.You can find economic calendars all over the internet - including on this site - and you need only check if there are any major releases each day or week.
For example, if you are trading off some intraday chart and scalping a few pips here and there it would be highly sensible to go into a known data release flat as it is pure coin-toss and not the reason for your trading. It only takes five minutes each day to plan for the day ahead so do not get caught out by this. Many retail traders get stopped out on such events when price volatility is at its peak.

Squeezes

Short squeezes bring a lot of danger and perhaps some opportunity.
The story of VW and Porsche is the best short squeeze ever. Throughout these articles we've used FX examples wherever possible but in this one instance the concept (which is also highly relevant in FX) is best illustrated with an historical lesson from a different asset class.
A short squeeze is when a participant ends up in a short position they are forced to cover. Especially when the rest of the market knows that this participant can be bullied into stopping out at terrible levels, provided the market can briefly drive the price into their pain zone.

There's a reason for the car, don't worry
Hedge funds had been shorting VW stock. However the amount of VW stock available to buy in the open market was actually quite limited. The local government owned a chunk and Porsche itself had bought and locked away around 30%. Neither of these would sell to the hedge-funds so a good amount of the stock was un-buyable at any price.
If you sell or short a stock you must be prepared to buy it back to go flat at some point.
To cut a long story short, Porsche bought a lot of call options on VW stock. These options gave them the right to purchase VW stock from banks at slightly above market price.
Eventually the banks who had sold these options realised there was no VW stock to go out and buy since the German government wouldn’t sell its allocation and Porsche wouldn’t either. If Porsche called in the options the banks were in trouble.
Porsche called in the options which forced the shorts to buy stock - at whatever price they could get it.
The price squeezed higher as those that were short got massively squeezed and stopped out. For one brief moment in 2008, VW was the world’s most valuable company. Shorts were burned hard.

Incredible event
Porsche apparently made $11.5 billion on the trade. The BBC described Porsche as “a hedge fund with a carmaker attached.”
If this all seems exotic then know that the same thing happens in FX all the time. If everyone in the market is talking about a key level in EURUSD being 1.2050 then you can bet the market will try to push through 1.2050 just to take out any short stops at that level. Whether it then rallies higher or fails and trades back lower is a different matter entirely.
This brings us on to the matter of crowded trades. We will look at positioning in more detail in the next section. Crowded trades are dangerous for PNL. If everyone believes EURUSD is going down and has already sold EURUSD then you run the risk of a short squeeze.
For additional selling to take place you need a very good reason for people to add to their position whereas a move in the other direction could force mass buying to cover their shorts.
A trading mentor when I worked at the investment bank once advised me:
Always think about which move would cause the maximum people the maximum pain. That move is precisely what you should be watching out for at all times.

Asymmetric losses

Also known as picking up pennies in front of a steamroller. This risk has caught out many a retail trader. Sometimes it is referred to as a "negative skew" strategy.
Ideally what you are looking for is asymmetric risk trade set-ups: that is where the downside is clearly defined and smaller than the upside. What you want to avoid is the opposite.
A famous example of this going wrong was the Swiss National Bank de-peg in 2012.
The Swiss National Bank had said they would defend the price of EURCHF so that it did not go below 1.2. Many people believed it could never go below 1.2 due to this. Many retail traders therefore opted for a strategy that some describe as ‘picking up pennies in front of a steam-roller’.
They would would buy EURCHF above the peg level and hope for a tiny rally of several pips before selling them back and keep doing this repeatedly. Often they were highly leveraged at 100:1 so that they could amplify the profit of the tiny 5-10 pip rally.
Then this happened.

Something that changed FX markets forever
The SNB suddenly did the unthinkable. They stopped defending the price. CHF jumped and so EURCHF (the number of CHF per 1 EUR) dropped to new lows very fast. Clearly, this trade had horrific risk : reward asymmetry: you risked 30% to make 0.05%.
Other strategies like naively selling options have the same result. You win a small amount of money each day and then spectacularly blow up at some point down the line.

Market positioning

We have talked about short squeezes. But how do you know what the market position is? And should you care?
Let’s start with the first. You should definitely care.
Let’s imagine the entire market is exceptionally long EURUSD and positioning reaches extreme levels. This makes EURUSD very vulnerable.
To keep the price going higher EURUSD needs to attract fresh buy orders. If everyone is already long and has no room to add, what can incentivise people to keep buying? The news flow might be good. They may believe EURUSD goes higher. But they have already bought and have their maximum position on.
On the flip side, if there’s an unexpected event and EURUSD gaps lower you will have the entire market trying to exit the position at the same time. Like a herd of cows running through a single doorway. Messy.
We are going to look at this in more detail in a later chapter, where we discuss ‘carry’ trades. For now this TRYJPY chart might provide some idea of what a rush to the exits of a crowded position looks like.

A carry trade position clear-out in action
Knowing if the market is currently at extreme levels of long or short can therefore be helpful.
The CFTC makes available a weekly report, which details the overall positions of speculative traders “Non Commercial Traders” in some of the major futures products. This includes futures tied to deliverable FX pairs such as EURUSD as well as products such as gold. The report is called “CFTC Commitments of Traders” ("COT").
This is a great benchmark. It is far more representative of the overall market than the proprietary ones offered by retail brokers as it covers a far larger cross-section of the institutional market.
Generally market participants will not pay a lot of attention to commercial hedgers, which are also detailed in the report. This data is worth tracking but these folks are simply hedging real-world transactions rather than speculating so their activity is far less revealing and far more noisy.
You can find the data online for free and download it directly here.

Raw format is kinda hard to work with

However, many websites will chart this for you free of charge and you may find it more convenient to look at it that way. Just google “CFTC positioning charts”.

But you can easily get visualisations
You can visually spot extreme positioning. It is extremely powerful.
Bear in mind the reports come out Friday afternoon US time and the report is a snapshot up to the prior Tuesday. That means it is a lagged report - by the time it is released it is a few days out of date. For longer term trades where you hold positions for weeks this is of course still pretty helpful information.
As well as the absolute level (is the speculative market net long or short) you can also use this to pick up on changes in positioning.
For example if bad news comes out how much does the net short increase? If good news comes out, the market may remain net short but how much did they buy back?
A lot of traders ask themselves “Does the market have this trade on?” The positioning data is a good method for answering this. It provides a good finger on the pulse of the wider market sentiment and activity.
For example you might say: “There was lots of noise about the good employment numbers in the US. However, there wasn’t actually a lot of position change on the back of it. Maybe everyone who wants to buy already has. What would happen now if bad news came out?”
In general traders will be wary of entering a crowded position because it will be hard to attract additional buyers or sellers and there could be an aggressive exit.
If you want to enter a trade that is showing extreme levels of positioning you must think carefully about this dynamic.

Bet correlation

Retail traders often drastically underestimate how correlated their bets are.
Through bitter experience, I have learned that a mistake in position correlation is the root of some of the most serious problems in trading. If you have eight highly correlated positions, then you are really trading one position that is eight times as large.
Bruce Kovner of hedge fund, Caxton Associates
For example, if you are trading a bunch of pairs against the USD you will end up with a simply huge USD exposure. A single USD-trigger can ruin all your bets. Your ideal scenario — and it isn’t always possible — would be to have a highly diversified portfolio of bets that do not move in tandem.
Look at this chart. Inverted USD index (DXY) is green. AUDUSD is orange. EURUSD is blue.

Chart from TradingView
So the whole thing is just one big USD trade! If you are long AUDUSD, long EURUSD, and short DXY you have three anti USD bets that are all likely to work or fail together.
The more diversified your portfolio of bets are, the more risk you can take on each.
There’s a really good video, explaining the benefits of diversification from Ray Dalio.
A systematic fund with access to an investable universe of 10,000 instruments has more opportunity to make a better risk-adjusted return than a trader who only focuses on three symbols. Diversification really is the closest thing to a free lunch in finance.
But let’s be pragmatic and realistic. Human retail traders don’t have capacity to run even one hundred bets at a time. More realistic would be an average of 2-3 trades on simultaneously. So what can be done?
For example:
  • You might diversify across time horizons by having a mix of short-term and long-term trades.
  • You might diversify across asset classes - trading some FX but also crypto and equities.
  • You might diversify your trade generation approach so you are not relying on the same indicators or drivers on each trade.
  • You might diversify your exposure to the market regime by having some trades that assume a trend will continue (momentum) and some that assume we will be range-bound (carry).
And so on. Basically you want to scan your portfolio of trades and make sure you are not putting all your eggs in one basket. If some trades underperform others will perform - assuming the bets are not correlated - and that way you can ensure your overall portfolio takes less risk per unit of return.
The key thing is to start thinking about a portfolio of bets and what each new trade offers to your existing portfolio of risk. Will it diversify or amplify a current exposure?

Crap trades, timeouts and monthly limits

One common mistake is to get bored and restless and put on crap trades. This just means trades in which you have low conviction.
It is perfectly fine not to trade. If you feel like you do not understand the market at a particular point, simply choose not to trade.
Flat is a position.
Do not waste your bullets on rubbish trades. Only enter a trade when you have carefully considered it from all angles and feel good about the risk. This will make it far easier to hold onto the trade if it moves against you at any point. You actually believe in it.
Equally, you need to set monthly limits. A standard limit might be a 10% account balance stop per month. At that point you close all your positions immediately and stop trading till next month.

Be strict with yourself and walk away
Let’s assume you started the year with $100k and made 5% in January so enter Feb with $105k balance. Your stop is therefore 10% of $105k or $10.5k . If your account balance dips to $94.5k ($105k-$10.5k) then you stop yourself out and don’t resume trading till March the first.
Having monthly calendar breaks is nice for another reason. Say you made a load of money in January. You don’t want to start February feeling you are up 5% or it is too tempting to avoid trading all month and protect the existing win. Each month and each year should feel like a clean slate and an independent period.
Everyone has trading slumps. It is perfectly normal. It will definitely happen to you at some stage. The trick is to take a break and refocus. Conserve your capital by not trading a lot whilst you are on a losing streak. This period will be much harder for you emotionally and you’ll end up making suboptimal decisions. An enforced break will help you see the bigger picture.
Put in place a process before you start trading and then it’ll be easy to follow and will feel much less emotional. Remember: the market doesn’t care if you win or lose, it is nothing personal.
When your head has cooled and you feel calm you return the next month and begin the task of building back your account balance.

That's a wrap on risk management

Thanks for taking time to read this three-part chapter on risk management. I hope you enjoyed it. Do comment in the replies if you have any questions or feedback.
Remember: the most important part of trading is not making money. It is not losing money. Always start with that principle. I hope these three notes have provided some food for thought on how you might approach risk management and are of practical use to you when trading. Avoiding mistakes is not a sexy tagline but it is an effective and reliable way to improve results.
Next up I will be writing about an exciting topic I think many traders should look at rather differently: news trading. Please follow on here to receive notifications and the broad outline is below.
News Trading Part I
  • Introduction
  • Why use the economic calendar
  • Reading the economic calendar
  • Knowing what's priced in
  • Surveys
  • Interest rates
  • First order thinking vs second order thinking
News Trading Part II
  • Preparing for quantitative and qualitative releases
  • Data surprise index
  • Using recent events to predict future reactions
  • Buy the rumour, sell the fact
  • The mysterious 'position trim' effect
  • Reversals
  • Some key FX releases
***

Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer.
submitted by getmrmarket to Forex [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

Money Talks

Hey everyone, hope you all are having a killer week. Wanted to share a couple updates on my new Money Talks segment.
- I connected w/ Jake from TrendSpider today, had a fun call and am planning another in the future. - Tomorrow I'm connecting w/ Michael Lamothe, a trading mentor service. Not sure what I think about it but we'll see how it goes. - Next week I'm connecting w/ a dude that's been involved in the crypto market for a while and is knowledgeable on blockchain.
If anyone has anything they want me to ask or include in any of these discussions, let me know. Additionally, if there's anyone that wants to connect or someone you want me to connect with for a convo - just let me know! The goal of the segment is to explore folks with all different backgrounds: investing, real estate, angel investing, business/startup, inventors, programmers, etc. I want to expose folks to different perspectives, potential investing ideas/trends, and expose us to what's up and coming. Would love for some of the more experienced penny stock traders to hop on a call.
-Erik
submitted by esInvests to pennystocks [link] [comments]

Should I consider learning Solidity at this time?

Hi guys,
My name is Andrew. I've been working as a content writer for over 3 years now. I've managed to learn the basics of HTML, CSS, JS and PHP.
I have just taken on the project for content creation (articles, videos, SMM, guest posting, etc.) for a big crypto team. I plan to work with them for the next 3 years. I am very interested in crypto.
I used to write about crypto 2 years ago, but then I stopped.
I am very interested in cryptocurrency trading and I plan to invest certain resources in learning more about this niche. At the same time, I am very intereste in Solidity, smart contracts and defi and yield farming overall.
Two years ago, when I was writing about crypto projects, I didn't know the basics of HTML, CSS, JS and PHP, but I do know these as of now. I scrolled through a couple of entry-level tutorials for Solidity and they are not frightening me at all. I am sure that ordinary folks who don't know the basics of the 4 techs above will freak out when they need to learn Solidity from scratch.
I am convinced that knowing even the basics of Solidity will enable me to create better content on Eth-based apps in the future. I expect that I will need to invest around 30 hours in order to understand the very basics of Solidity, and I am prepared to invest this time in the evenings at the rate of 1 houday, which will mean that the project will complete within 30 days.
After that, I might try to create a simple dapp. Something very simple.
I might not become a real Solidity developer within 1-2 years, but I might act as a content creatomanagesales representative, etc. I am very interested in the crypto niche overall, and I would love to stick here.
What do you think about this strategy? Does the niche need fresh blood? Can you mentor me as to the next steps? (I am extremely proud of the fact that I've managed to cover the basics of JS and PHP since these skills will enable me to learn Solidity atm.)
submitted by dev_lurve to ethdev [link] [comments]

Money Talks

Hey everyone, hope you all are having a killer week. Wanted to share a couple updates on my new Money Talks segment.
- I connected w/ Jake from TrendSpider today, had a fun call and am planning another in the future. - Tomorrow I'm connecting w/ Michael Lamothe, a trading mentor service. Not sure what I think about it but we'll see how it goes. - Next week I'm connecting w/ a dude that's been involved in the crypto market for a while and is knowledgeable on blockchain.
If anyone has anything they want me to ask or include in any of these discussions, let me know. Additionally, if there's anyone that wants to connect or someone you want me to connect with for a convo - just let me know! The goal of the segment is to explore folks with all different backgrounds: investing, real estate, angel investing, business/startup, inventors, programmers, etc. I want to expose folks to different perspectives, potential investing ideas/trends, and expose us to what's up and coming.
-Erik
submitted by esInvests to u/esInvests [link] [comments]

Guide to Stock Market (Trading in General) Mentoring/Mentorship Programs in the philippines

Hi, may nakikita akong questions about investing/trading and some about trading mentors/gurus societies etc.
This is my opinion depende na sa inyo kung susundin nyo.
ZFT - Zeefreaks tribe,
First, i do respect "Zee" as a trader,his "tribe" teaches or mentors their students using their system to become their own. Generally, Darvas Box, MAs 20 50 100 and RSI are their weapons but mainly its the Price Action and RSI ang parang laman talaga ng System nila and you can only get better through time as with other systems in general. I think they are good, but yun na nga, just good.
Problem:
They charge you with a hefty sum na i don't think na ma jujustify nila, because at the end of the day more or less its you ( along with practice) and your psychology that can help you along the way. Okay, may Trading psych coach daw sila , si Ma'am Celeste (Zee's Gf) pero overtime you will learn about yourself in the process naman.
Zee is justifying the hefty fee because sabi nya before if im not mistaken na the clients are not paying the mentoring alone pero along with it yung "CULTURE" ng ZFT. I say, bullshit. Di nga nya alam na may mga ZFT "mentors" na that are mentoring other people without his knowledge and charging them less but still a very hefty fee. hehe Akala nya wala na pero meron pa, magaling lang talaga magtago.

KIDLAT- hmm , same with ZFT since dun din naman sya nanggaling, Habits you know.

T3 ( The Tattooed Trader)- well, this guy is LEGIT. He trades international markets too not just PSEI. Reasonable Fee. Good guy,prangka din. He doesnt tolerate Bullshit. He wont try to impose his system sayo but instead encourages you to go with the process. That's it.

Gandah Koh ( Trader's Lounge) - He/She provides free content daw. Yes, FREE content pero at the same time sinasabi nya that he/she is just an average trader. Kicks people who patronizes paid mentorship / who belong sa paid mentorship or kahit magtanong ka man lang ng about paid mentorship rage mode na agad tapos kick na agad. Yung mga followers nya ayaw lang talaga gumastos to learn premium content. Biruin nyo? gusto maging free yung investa? lol.
Ironic, why? kasi sabi nya average trader lang daw sya but he/she shuts off people who would want to learn from those who are better than her. To all hehis followers, Eto po tanong ko.
  1. may member ba sa Trader's lounge na consistently profitable na? with rising equity curve?
  2. Do you think the best traders out there did not spend any cent to boost their career to the top?
Simple lang yan. isip isipin nyo. :D

BOH- Superb! yung mga quant models nila ay one of the best if not the best. Very technical and systematic yung BOH and their team ay may credentials to back it up. Yung Fee ay affordable, kayang kaya ng ordinary working people.
Oakbridge (DAVAO)- not much information about them kasi tahimik lang sila ,but what i know is that bigatin yung mentors dun but apart from that i don't know much kaya i can't say anything more.
Bigote (bigote trading financial advocacy) - Eto yung free content na LEGIT. One of the best people i know, he is a caylum trading institute alumni. Eto, you use his system plus master price action.
Open journal by Javi Medina, Matt flores, Ken Arcano - If you dig Elliot wave then they are the guys you want to learn from, the information they provide are all backtested, no guess works just pure juicy contents day in and day out.
Trivia:
They manage funds from various big time clients.
Tomatrader, Jet mojica(from BOH), Joanne (from investa), Bearyo ( from investa) and etc Joined Open Journal.
Javi Medina - ranked 1st the 2020 US investing competition, also he was an investacup champion.
Ken Arcano - top 5 in investacup.
Matt Flores- i dont know much about him though, silent kind of guy.
OJ's system can be used in trading crypto, Forex , commodities, US stocks and other indices.
Caylum Trading Institute - i think di na kailangan e describe pa yung caylum eh. *wink*

So there you go. It's your choice kung how you will take my opinion, you can bash me or what i really don't care. At the end of the day, choice nyo pa rin yon.
Kung ako lang, id go with
  1. Read the trading code by jason cam.
  2. Download any price action videos/books . Ex. Steve nison books
  3. Try out Bigote's framework or enroll with any one of those services , but i would recommend open journal, BOH, T3 or caylum. If you want ZFT or kidlat then go for it.

At the end of the day, stick with one system , be patient, dont shortcut the process, master one setup at a time and improve your trading psychology. I dont want to spread hate, just spitting out my opinion.
You can share this in fb, twitter or any socmed you like or not share this, do whatever you want.
That's all. Stay home to help the frontliners.
submitted by Bertochinaman123 to phinvest [link] [comments]

Money Talks

Hey everyone, hope you all are having a killer week. Wanted to share a couple updates on my new Money Talks segment.
- I connected w/ Jake from TrendSpider today, had a fun call and am planning another in the future. - Tomorrow I'm connecting w/ Michael Lamothe, a trading mentor service. Not sure what I think about it but we'll see how it goes. - Next week I'm connecting w/ a dude that's been involved in the crypto market for a while and is knowledgeable on blockchain.
If anyone has anything they want me to ask or include in any of these discussions, let me know. Additionally, if there's anyone that wants to connect or someone you want me to connect with for a convo - just let me know! The goal of the segment is to explore folks with all different backgrounds: investing, real estate, angel investing, business/startup, inventors, programmers, etc. I want to expose folks to different perspectives, potential investing ideas/trends, and expose us to what's up and coming. I'd love to connect with a couple of the mods on this sub if any are willing to hop on a call.
-Erik
submitted by esInvests to options [link] [comments]

Money Talks

Hey everyone, hope you all are having a killer week. Wanted to share a couple updates on my new Money Talks segment.
- I connected w/ Jake from TrendSpider today, had a fun call and am planning another in the future. - Tomorrow I'm connecting w/ Michael Lamothe, a trading mentor service. Not sure what I think about it but we'll see how it goes. - Next week I'm connecting w/ a dude that's been involved in the crypto market for a while and is knowledgeable on blockchain.
If anyone has anything they want me to ask or include in any of these discussions, let me know. Additionally, if there's anyone that wants to connect or someone you want me to connect with for a convo - just let me know! The goal of the segment is to explore folks with all different backgrounds: investing, real estate, angel investing, business/startup, inventors, programmers, etc. I want to expose folks to different perspectives, potential investing ideas/trends, and expose us to what's up and coming.
-Erik
submitted by esInvests to investing_discussion [link] [comments]

Money Talks

Hey everyone, hope you all are having a killer week. Wanted to share a couple updates on my new Money Talks segment.
- I connected w/ Jake from TrendSpider today, had a fun call and am planning another in the future. - Tomorrow I'm connecting w/ Michael Lamothe, a trading mentor service. Not sure what I think about it but we'll see how it goes. - Next week I'm connecting w/ a dude that's been involved in the crypto market for a while and is knowledgeable on blockchain.
If anyone has anything they want me to ask or include in any of these discussions, let me know. Additionally, if there's anyone that wants to connect or someone you want me to connect with for a convo - just let me know! The goal of the segment is to explore folks with all different backgrounds: investing, real estate, angel investing, business/startup, inventors, programmers, etc. I want to expose folks to different perspectives, potential investing ideas/trends, and expose us to what's up and coming.
-Erik
submitted by esInvests to dividends [link] [comments]

Getting out of Mutual Funds and an uncertain life path for the next few years...

Here's my situation. Just looking for some advice from you fine people! Thanks in advance!!
I have some savings that I've previously had in mutual funds that were managed by a planner at TD Waterhouse. I've sold a large portion of those (before the crash), into cash and will probably be selling the last 40% fairly soon, as they are pretty close to where they were before the recent crash. This comes from a place of not wanting to pay high MER's and Planning fees. I plan on getting rid of my planner within the next few weeks and taking full control of my investments/savings. I am not currently working and have no idea when I'll be working again (by choice). I have no personal investing experience, outside of crypto and precious metals. I've read most of the books people recommend on this sub-reddit.
So, I will have most of my investments sitting in cash within the next few weeks (200k+ if I do indeed sell them). All of these investments were split between TFSA, RSP and Cash. The remaining 40% is sitting solely in my RSP account. Unfortunately, none of the investments (mutual funds) have any d or e series equivalent (I was hoping to be able to transfer in-kind).
Some of the options I've considered:-Moving everything over into e-series index funds-Moving some between e-series and ETF's (I have no trading experience, but have time to learn)-Land/Farm Land-Real Estate (although now seems like a weird time for this)-Hiring or working with some sort of financial mentor to help me-Hiring a fee only planner who does not work in a big bank
I'm a bit of a weirdo and can't really predict what kind of life I will be living in 5 years from now. There are spans of time where I sometimes go away for a week or two without internet or phones, so this might be something to take into consideration. Will I still be living in Canada 5 years from now? Probably not. Do I want to retire in Canada? Probably not. lol
Cheers!
submitted by earthwoop to CanadianInvestor [link] [comments]

CryptoMentor - YouTube Who's My Crypto Mentor? Crypto Mentor 99 Loves VeChain Crypto Trading and What My Mentor Crypto Boss Taught Me Part 1 Ma formation - Voici mon mentor en Crypto Trading ! - Crypto TheFantasio974

CryptoMentor is a website, where you can find the information about different cryptocurrencies and services that are working with them.We are not dependent on the crypto projects, as well as give only an objective assessment and rank the services based on the profitability for our customers. Cryptocurrency Mentor Box Review – Final Thoughts. When all is said and done, there is really no arguing the fact that Cryptocurrency Mentor Box is by far the best crypto signals provider around. If you want to start making real money trading crypto, we would absolutely recommend giving this crypto signals group a try. bitcoin trading; automatic bitcoin trading; basics of trading charts and patterns; Requirements. Should have a bank account to be able to buy; Should have working internet connection; Description. If you are willing to learn the best and the easiest way to get into crypto trading and make a profit out of it, then you should enroll in this course. Paper trading, which means trading crypto in a simulated market without having to own any, is common place and should be a go-to thing whether you want to learn how to trade cryptocurrency from scratch or want to automate your trading and must first test those strategies.. With different papertrading platforms, you learn to do spot trading of cryptocurrency or to trade cryptocurrency ... Bitcoin Mentor Club is a cutting-edge digital program that will teach you how to succeed as a cryptocurrency trader in 2019.. Trading Bitcoin in 2019. In 2017 and 2018, trading cryptocurrency became one of the most profitable ways to make money online, in your underwear, from the comfort of your own home.

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CryptoMentor - YouTube

Cryptocurrency Market Capitalizations: https://coinmarketcap.com Some of these links above are affiliate links: if you click and purchase something, I may receive a small commission at no ... Cryptocurrency Market Capitalizations: https://coinmarketcap.com Some of these links above are affiliate links: if you click and purchase something, I may receive a small commission at no ... Mix Play all Mix - Crypto Fanta YouTube The Secret Code Of Successful MACD Trading (Strategies Included) - Duration: 11:31. The Secret Mindset Recommended for you For those that would like to speak further about this or would like to inquire about getting a Mentor/Trading Coach please contact me via DM on Twitter to discuss https: ... True Crypto 6,442 views. A hard hitting, detailed run-through of my cryptocurrency journey through altcoins, lucrative ICOs, trading tips as well as news and tutorials for the crypto...

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