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123 Quick Learn Trading Tips - Tip #7 - The Dual Power of Math123 Quick Learn Trading Tips - Tip #7 The Dual Power of Math: Logic for Analysis, Willpower for Victory ✅ An ideal trader is a mix of a sharp analyst and a tough fighter . To succeed in the financial markets, you need both logical decision-making and the willpower to stay on track. Mathematics is the perfect gym to develop both of these key skills at the same time. From a logical standpoint, math turns your mind into a powerful analysis tool. It teaches you how to break down complex problems into smaller parts, recognize patterns, and build your trading strategies with step-by-step thinking. This is the exact skill you need to deeply understand probabilities and accurately calculate risk-to-reward ratios. 🧠 But the power of math doesn't end with logic. Wrestling with a difficult problem and not giving up builds a steel-like fighting spirit. This mental strength helps you stay calm during drawdowns and stick to your trading plan. "Analyze with the precision of a mathematician and trade with the fighting spirit of a mathematician 👨🏻‍🎓, not with the excitement of a gambler 🎲. " Navid Jafarian Every tip is a step towards becoming a more disciplined trader. Look forward to the next one! 🌟
Education
by Navid_Jafarian
25
They laughed at the name. I loaded the setupPrice action doesn’t care about branding — it cares about imbalance, volume, and delivery. And FARTCOIN just hit a prime liquidity pocket with mechanical precision. The structure: After a fast drop, price tagged the 0.618 fib at 1.1607, which also aligns with the high-volume node (visible range) — a zone where Smart Money absorbs without headlines. Below that? Void. Above? Rebalancing targets: 1.1870 (0.5 fib) 1.2133 (0.382) 1.2458 (0.236) Full recovery to 1.2960 if liquidity calls for it Volume has thinned on the pullback — ideal. That’s not fear. That’s vacuum. Expectation: We chop sideways here before liftoff. I’m not chasing — I’m letting the structure compress and then watching for the breakout reclaim above 1.1635. Execution: Entry: 1.1500–1.1600 SL: 1.1220 (below .786 fib) TP1: 1.1870 TP2: 1.2130 TP3: 1.2450 Final target: 1.2960 full draw This chart may trigger jokes — the move it’s building won’t. Final thought: “I don’t care what they call it. I care where Smart Money enters.”
Long
by SmartFlowst
🧿How to be a Trader, not a Gambler⛔Hi. ✅Using technical analysis and fundamental analysis at the same time: By combining technical and fundamental analysis, you pay attention not only to the patterns and behavior of price action traders in the past, but also to the fundamental and economic factors that act as the driving engine of market movements (macroeconomics). Together, these two approaches provide greater ability to understand market fluctuations and also create a harmonious relationship between charts and economic factors active in the market, allowing you to determine more effective entry and exit points and make your decisions using Take a more comprehensive and principled view. ✅Mastery of a strategy A strategy for a trader is like a guide to a lost traveler. A trading style helps you stay on track and achieve your long-term goals. With the strategy in sensitive market conditions, you will not get confused and incur irreparable losses. You also analyze your transactions more accurately. There are different strategies in forex, but it is better to have a strategy that you completely trust and that is very efficient and profitable. ✅Accuracy of transactions with risk to reward greater than 1 : A gambler doesn't care when it's the right time to enter a trade. Sometimes the markets do not have the conditions to enter into the transaction and they do not give you a good reward for the risk. Once you have analyzed the market as a professional trader and your entry triggers are activated, you actually have to wait until you can implement the rules of capital management. In these cases, you should watch until the market gives you a risk to reward of 1 to 2 or 3 and the entry is allowed. ✅Capital management As a trader, it is necessary for you to have risk management in trading to preserve your capital. Not using capital management may empty your entire financial account. Gamblers do not care about capital management and they may invest their entire assets in one trade. Therefore, it is better to determine the amount of your loss in each trade and exit when the trade does not go according to your expectations. Of course, loss is an inseparable part of the trading system; If the loss is small, a lesson will be learned from it and it will be helpful in the future. 🔔In the end, regardless of the above, like a gambler, your percentage of success versus loss is 50-50 in each trade, but if you follow the above, you can increase your win-to-loss percentage. __ _______ _____ _________ _______ ______ ______ ______ ______ _____ _________ ________ ❤️If this text was useful for you, please like it and share it with your friends
BITSTAMP:BTCUSDEducation
by CobraVanguard
Gamblers and a traders The difference between a gambler and a player, as well as the similarities between a player and a trader. The player and the gambler are very often confused; if we are talking about gambling itself, then this is a psychiatric problem. If you come across conditional roulette, then you will always catch the trigger, absolutely every time it will cause the same positive emotions that roulette caused you before and this will direct the Vector of your behavior and thinking towards trying to play again. That is, the only solution is to leave. If we are talking about players, that is, is the trader a professional gambler, I 100% agree with this. That is, a player is a person who wants to win, and for a gambler it’s a game for the sake of playing. When a person, so to speak, trades, he will form a certain technical picture in some market, he will see some specific situations that lead to a result that is understandable to him. Look for understandable patterns that lead to understandable, logical results! There will be a positive mathematical expectation and a negative one! Everyone remembers this story about 10 thousand hours! So, by analyzing charts and studying information, you can grow as a player and a trader, and if you just sit and look at the roulette wheel for 10 thousand hours where red and black appear, nothing will change, it will just be an accident! You also need to understand that there are gamblers in trading who open a trade for the sake of trading, in order to be in a position and feel some kind of emotion! This is already a problem! People who have lost regularly in casinos or sports betting will always deny that it was a problem for them! It’s the same in trading, if you open a thoughtless series of positions just to be in the market and feel emotions, this is already a problem, not gambling yet, but already a problem! Therefore, in trading, a large part of success is occupied by psychology and working on oneself! Mastering the technical side is much easier than defeating yourself! Therefore, it’s probably still self-analysis and the ability to critically evaluate one’s actions The results and actions that lead to these results are very important! In the game for the sake of playing it does not exist, the game is for the sake of the game, it is maintained due to emotional passion, in the moment only if you play longer and the moment stretches out, that’s all! Be attentive to your emotional state!
BITSTAMP:BTCUSDEducation
by Crypto4light