Market commentary on marshmallows 1012 ~ The trigger for becoming able to win / new analysis method ~
Greetings everyone
This is Marshmallow.
【What Triggered Me to Start Winning in the Market】
I would like to talk about what helped me start winning in the market. To put it simply, I still remember the moment when I stopped against the trend and began trading with the trend, and felt a sense I had never felt before.
When I was a beginner in investing, I used to enter from selling when prices or values rose, and enter from buying when prices or values fell—an archetypal counter-trend trader.
I would get frustrated as prices rose even higher after I sold, and I would keep stacking lots beyond my means relative to my capital. If I think about it calmly now, I understand that I was in a high-leverage situation relative to my funds, which inevitably leads to erasing my capital.
Of course, counter-trend trading has its own advantages, and nowadays it is possible to win with counter-trend trading as well, but for beginner investors I highly recommend trading with the trend. There are many reasons, but simply put, the biggest benefit is less mental strain and easier to win.Now this week as well, regarding the currency pair we’re trading, we will determine the trend direction, set entry levels, and challenge the market with a thoroughly rule-based strategy from entry to take-profit and stop-loss.
【Today’s Market Analysis】
For those with several years of market experience, you may already know this, but today I would like to introduce a strange way of using oscillators that is also used by financial institutions. I will add that analysis method and provide market analysis, so,those who judge the market only by overbought/oversold oscillators should take note!
Now I will begin the analysis…
Thank you again for your continued support today as well (#^.^#)!!
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