01

Learn about trading

1 on 1 live video lessons

02

Create a strategy

With expert help & advice

03

Make money trading

It's not complicated

Wisdom

The truth, the whole truth and nothing but the truth

In this section, you will find bits of wisdom that will help you grasp some concepts and clarify strategies. It will also help you better understand my weekly posts.

The Bottom - what does it look like?

The bottom does not happen in one candle, it happens over time. One of the signatures of a bottom is a constant testing of an already established trend line. What that means is that the asset (In this case Bitcoin) will hit a trend line, go up high and slowly come back down to hit that line again and again. In short, the asset will not want to close below that trend line after hitting it a few times.

Caution, the easiest way to get rekt is to try to jump into a bottom right away. The point to identify the bottom is to spot a trend reversal. You always want to trade with the trend once it has been confirmed. One of the easiest ways to make money is to identify the secondary trend and ride it, secondary trends can last for months. You always want to sell before it hits resistance so it is important to map out where resistance might be.
Image

The three trend lines.

  1. The Primary Trend Line
    The primary (in bright green) tells you the overall market direction in this case we are looking at a bull market. If BTC goes under this line all bets are off. Money is pulled out of the market. Why? Because in that case we are looking at a bear market and it will take years to pull out. 
  2. The Secondary Trend Line
    A.K.A the money maker. This is the one you want to follow. You have to be able to identify it early on and ride it -- upon confirmation -- all the way up to resistance. Secondary lines can last for months and can be extremely profitable.  
  3. The Minor Trend Line
    This trend is best played by swing traders and can be risky. This is where most of the inexperienced money goes back to experienced hands. Avoid trading in these places. Eventually, all your gains are lost here. 
Image

Never buy tops of channels or triangles.

Why is it such a bad idea to put money in now at the top of a sideways channel or at the top of anything from triangles to up or down channels? Simple, because once there, we are reaching the end of a run. You are the one putting money in as experienced traders are taking their money out and unknowingly you are buying before price drops, you then go down with the rest and sell for cheap at the bottom to experienced traders and your bad luck continues and their good luck never ends. 
Image

The power of strong confluence zones

Post Coming Soon!

Image

Death Cross Strategy

Post Coming Soon!

Image

Best set up.

Post Coming Soon!

Image

How to make consistent returns

Post Coming Soon!

Image

Preserving capital, what does that mean?

Post Coming Soon!

Image

The meaning of the Fibonacci levels.

Post Coming Soon!

Image

Buy bottoms of channels and triangles only during strong secondary uptrends.

Post Coming Soon!

Image

61.8 during up-trends.

Post Coming Soon!

Image

Stop Loss when and how to set them up?

Post Coming Soon!

Image

To hide or show text in a retractable panel, use the Accordion addon. You can switch between having a single open item or multiple open items by setting the open item parameter.

Does Elliot wave work?
Maybe, but I have never seen it work. I have seen users of it twist themselves into knots trying to justify why it went down when it was supposed to go up and so on...
Do chart patterns work?
Do candle stick patterns work?
Does support and resistance work?