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Share Your Profit/Loss
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ひな☆彡 SOXL(Bull) joined discussion · Nov 29 04:35

My TA Approach

My TA Approach
First of all, thank you so much for 1000 Followers… This is a great milestone. I am so greatful to share my view with you all regardless of my invidisual trading performance (SOXL 😂).
My motto is as follows;
1. Absolute Transparency
2. Honesty and Dignity
This is so easy to do in this platform; just f’in paste this.

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You will be surprised how many people cannot even do this, just one clic motion smh.
Because they FEAR…
This is based on the notions in trading general;
Dream selling industry with scamming beginners.
This has to stop.
I am not throwing anyone under the bus (Lol) but
My TA Approach
see my response
My TA Approach
What they are not seeing is that if they continue scamming people, people will realise, and they won't come to market; they will lose where the money comes from.
But I guess its ok, only dumb people fall into this right?
smh, look at the market price actions… this has become so difficult then say 10-15 years ago.
I know why because all those successful investors we see today now survived continued manipulation and roller coasters.
They are really strong so that they won't fall into the trap…. The market continues to become more difficult to trade with.
They made this happen; that's the reality.
My objective on this platform is fighting against scammers (more so, trading with them in reality in terms of price actions, lol). I don't care what you think; honestly, it's my money; it's my life. I know that's contradicting but, lets say I would like to reduce number of victims.
My objective was never becoming an influencers and I have been invited multiple times in offline vip event but I kept saying no, sorry official account but that was never been my objective.
that's why I only use TA, f’ fundamentals, humans only trade with emotions.
You will be so shocked to see now that older-style traders may not be too skilled at it; they just have so much capital to cover and execute a recovery plan.
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Let me share my TA approach with you. If you followed me when I had only 100 followers, you will realise how my approach has changed from the early days. Constantly reviewing my performance (which I do every week except for SOXL lol) and adjusting my approach are critical in trading, and I will share everything with you. When I look back 200 days ago, my primary strategy was Fibonacci retracement, which I still use, but not so much anymore. I am not afraid to disclose my way of trading because it changes constantly. I am slowly evolving, and I am 100% sure that's the right way to go.
Let me show you one of the really successful case of my TA approach.
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The chart is so messy, I know, and you will say things like, “You don't need that many lines and shapes to be a good trader” .
What they are not seeing is this is the results of continuing studing of indicators and specific parametric customization adapting to the market sentiment.
For example, after a huge market crash during July, my 210MA has been working quite strongly as either resistance or support (although it depends on the stock ETF). However, this hasn't hit it in the past 1-2 months. Something has changed, and what happened was the market sentiment has changed; the same method may not work forever. I have gone through all MA settings again, and as you know, in the past few months, the 200-210 EMA has been working better for some reasons. and this will change soon. and that's ok I know.
If you expected my definitive rules of TA approach, then I am sorry, and you can unfollow me, but that's why trading is hard for you. You have to keep changing your approach. Risk tolerance is also another thing. I am okay with losing everything in this account. I am an aggressive trader, but I can take responsibility for every investment movement I make. Now you might be thinking, where is my transparency? you might be hiding some tips. I don't. That's why I am open to all questions the way I use my TA, and you can leave any comments here. I am happy to answer your questions. Please dont DM me because its not fair to others.
Here is what I expect you wanting to know.
Q1: Out of which indicators do I trust most and which indicators will likely remain in my roster forever.
A1: Bolinger Band, as this shows clear mispriced actions. My setting is 2.33. RSI and MACD, RSI will be with me forever, and MACD is to be honest a scammer, but I need to know how they scam noobs, so that's why I see it so that I don't get scammed. Ichimoku cloud because that's one of the few indicators that can tell you the potential future movement; you don't see that kind of indicator a lot.
Q2: Which timeframe do you use for trading?
A2: As can be seen above, my entry is based on the daily Bollinger band. I use a 2 to 4-hour chart to determine the absolute bottom intra-day.
Cheers Leave any questions here in the comment sections.
PS: MACD false +ve signal why its scamming
My TA Approach
My TA Approach
he is absolutely correct, the MACD formed death cross, however,
My TA Approach
rest is the history, there is a strong support at 210 MA, and 200EMA. it didn't drop further. I just waited two month and it boomed.
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ひな☆彡 SOXL(Bull)
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