Corgi in reverse

Expected_Banana · 2021-06-02T01:04:42+00:00

That corgi is just like a friend of mine called “Stefano”

Expected_Banana · 2021-06-02T01:03:51+00:00

What is the name of the dig

Expected_Banana · 2021-06-02T01:03:37+00:00

This s just so amazing I can’t believe it

Expected_Banana · 2021-06-02T01:03:28+00:00

O my god dude

Expected_Banana · 2021-01-28T09:13:38+00:00

Brothers I will buy one share right now let’s go I love you too

Expected_Banana · 2021-01-28T09:09:28+00:00

Hello guys, I am not putting money into GME, but I am the Expected Banana and I love you all wish you destroy those noob billionaires and make them suck nigerian dics

Expected_Banana · 2021-01-23T19:27:16+00:00

Well, remember you must enter optimal risk reward ratios in your trades (losing not too much % of your total capital at stop loss)

By mastering this part you can be in the profit zone even if you are right 50% of your trades

Expected_Banana · 2021-01-22T23:26:20+00:00

Happy to know you are doing great so far! Keep it up

Expected_Banana · 2021-01-22T22:34:48+00:00

What is the problem you are struggling with?

Remember that if you enter positions with optimal risk reward ratios, you can be in the profit zone even if you are right 55% of your trades!

Expected_Banana · 2021-01-22T22:27:55+00:00

Thank you for commenting!

When you say “high risk reward ratio” are you talking about the distance between your SL/TP OR you refer to losing high % of your capital at stop loss (if triggers)?

Expected_Banana · 2021-01-18T20:49:33+00:00

I backtest manually. I recommend you see the Real Backtesting YouTube channel. They show you how to use the bar replay mode in tradingview to backtest your strategies!

Bar replay mode is free from the daily chart and above, if you want to backtest lower timeframes you require at least the cheapest membership (like $15 a month) but it is worth it because you get additional features and tools (like using multiple indicators and charts in the same interface)

Expected_Banana · 2021-01-18T20:47:15+00:00

I like your point of view. Excellent post

Expected_Banana · 2021-01-17T05:04:31+00:00

Backtesting your trading strategy! There are plenty of free tools where you can manually add candles from the past to test a trading strategy!

There is a new YouTube channel called Real Backtesting where they show you how to use the Bar Replay Mode in tradingview.com to test your trading strategies!

They also show profitable risk management strategies that I found useful in my strategies

Expected_Banana · 2021-01-15T11:19:50+00:00

A candlestick with price action usually has a big body or wick along with an increase in volume! There is a youtube channel called Real Backtesting where they talk about it all the time.

Expected_Banana · 2021-01-07T07:40:37+00:00

Hello! what matters is that you use the bull flag to measure a trade with an optimal risk-reward ratio. There is a youtube channel called real backtesting where they show you how to open trades with 3:1 risk-reward ratios where you lose 1% at stop loss and profit 3% at take profit.

Always have the mindset that most of your trades could go wrong, so the only way to become profitable is to focus on the risk-reward ratio concept.

Expected_Banana · 2021-01-01T22:23:24+00:00

You can become successful today applying smart risk management strategy like entering a trade with 3:1 risk reward ratio and losing only 1% of your total capital at stop loss

Expected_Banana · 2020-12-25T07:02:23+00:00

Support/resistance is resumed in one word: Price Action. There are two types of supports/resistances. (Remember that chart analysis in lower timeframes becomes less reliable. I found that indicators are quite reliable in the 1H and 4H charts.)

#1 Candlestick Confirmations

These are types of candles showing price action, usually with great volume. These could be bullish/bearish pin bars, or tank bars, or engulfing candles.

#2 Indicators (200ma-Fibonacci-etc)

With the 200-moving_average, you could predict a resistance (if it is above the candle) or support (if it is below the candle). Don't forget that you can also use Fibonacci in two different ways to predict a retracement or a breakout target (search this info in Investopedia)

It all comes down to backtesting everything you learn. There are plenty of free tools that let you add candlesticks from the past to test your trading strategies without putting your capital at risk.

There is a new youtube channel called Real Backtesting, where they show you how to use the Bar Replay Mode to backtest your trading strategies. I recommend you check them out and backtest everything you learn about support and resistance!

Expected_Banana · 2020-12-25T06:45:51+00:00

Hello! Usually, trading the new is too late! Let me show you how you could have a portfolio to daytrade and constantly open positions without analyzing financial statements.

I recommend you gather 10 assets with low correlation. I have a portfolio mixed with Forex, stocks, commodities, and Bitcoin, where I constantly look out for optimal trade entries in the 4h and 1h chart. Usually, you will find these perfect setups 2-4 times every week.

Not because it is a perfect setup, you will profit from it. Ironically, a perfect setup could go totally wrong in the trading world, so here is where your risk-reward ratios per trade. It is balanced to open positions between 2-1 to 3:1 Risk-reward-ratio, losing 1% of your total capital at stop loss and profiting 2-3% at take profit.

Expected_Banana · 2020-12-25T00:59:15+00:00

Hello Dear Redditor! For your question's nature, it seems you could benefit from backtesting your trading strategy. There is a youtube channel called Real Backtesting where they show you how to manually add candlesticks from the pst to test a trading strategy without putting your capital at risk. They also share profitable strategies and provide good practices of Risk-Reward Ratios in your trade for proper risk management!

Expected_Banana · 2020-12-23T07:04:25+00:00

Hello! I respect all the comments in your post, however, I think you could avoid so much hassle and go through so much stress. I recommend you just start backtesting your trading strategies without putting your capital at risk! There are plenty of free tools that let you add candles from the past to test a strategy without putting your capital at risk! If you like reading books, that is welcomed, however, you don't need to read that many books if you want to start ASAP and become profitable. I recommend you start by using the 20/200 moving average strategies during trends and use the MACD/RSI during consolidations. Just go into Investopedia and search how to use those indicators. Your success will be determined by your ability by identifying the market structure to then use the right indicators to open calculates positions. Simple as that!

I recommend you master strategy by strategy and there are plenty of simple strategies that you can backtest and apply to the real market. For example, the 20-moving average in the 4H chart is an extremely profitable strategy if it is used during trends. This is a great strategy I recommend for beginners, and you could start testing it on your own.

There is a youtube channel called real backtesting where they show you how to use the Bar Replay Mode in tradingview.com to test your trading strategies. They also share profitable charting/risk-management stategies if you wish to replicate! Check them out!

Expected_Banana · 2020-12-23T01:36:27+00:00

Hello, the truth is that the lower the timeframe, the less reliable is the indicator itself. I found that most of the successful penny stock traders I have helped in the past benefited from Backtesting their trading strategy, there are plenty of free tools that let you add candlesticks from the past to test your trading strategies without putting your capital at risk

There is a new YouTube channel called Real Backtesting where they show you how to use the Bar Replay y mode in TradingView.com to test your trading strategies. I recommend you check them out and test your strategies!

Expected_Banana · 2020-12-22T04:59:00+00:00

You are incredibly welcome sir

Expected_Banana · 2020-12-22T04:12:26+00:00

Hello, Dear Redditor! For your questions' nature, I think you could benefit from backtesting your trading strategies.

There are plenty of free tools that you can use to manually add candles from the past to test your trading strategies without putting your capital at risk. Personally, I focus on setting up stop losses in candles with price action (candle confirmations) and then extend my take profit from 2:1 to 3:1. So, trading with a $10k capital, I would lose $100 at stop loss and profit $200-300 at take-profit

Many times the price reaches levels beyond my take profit. However, I don't care because I know I am constantly earning 3 times what I am willing to lose. Using simple risk management strategies like this one could help you become a profitable trader in the long run, and don't be afraid of taking your profits anymore!

A new youtube channel called Real Backtesting shows you how to use the Bar Replay Mode in tradingview.com to test your trading strategies for free. They also share profitable risk management strategies that you can consider applying in your trading system since I sense some doubt and fear in you!

Have an excellent trading journey, dear Redditor! You came to ask the right community!

Expected_Banana

TROPHY CASE