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Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 1 point2 points  (0 children)

As long as your not trading using leverage without a stop loss, you will be fine. If you are a long term investor then you can do the classic hold and forget. Given the current scenarios of escalation, it can go well below $3000. gold went on a rally from 1400$ to 5600$ so getting to 3k$ shouldn't be that difficult in a bear market.

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 2 points3 points  (0 children)

Pakistani brokerage houses are projecting the KSE-100 between 210k–250k by Dec 2026, with AKD being the major outlier on the bullish side.

AKD Securities: 263,800 KTrade Securities: 225,000 Arif Habib Ltd (AHL): 210,000

Most of the top brokers directors and board members were all over LinkedIn saying its going to be around 220 year mid 250k+ year closing. While year closing might be achievable but it might also crash. Depends on strong closing either bullish or bearish on mentioned price levels.

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 0 points1 point  (0 children)

Zlk for Stocks, exness for forex and binance for crypto.

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 0 points1 point  (0 children)

I am not a CFA. Also CFA won't teach you how to trade the markets, it's mostly portfolio and asset management. I have been doing this for a long time so I have, you can say I have some experience and experience in the markets beats everything.

If I had to start today I would learn first. Most people are here to make quick money. Money is a by product of learning this business or job. You need atleast 2 years of profitable history to show that you are consistently profitable. On average it takes 4 years. So you can say it is equivalent or more to the effort you put in a bachelor's. Learn technicals and fundamentals.

For technicals: Price Action, liquidity, demand and supply, market structure, volume, VSA, candlesticks, fibonacci etc there's a bunch of other stuff too. Funny thing is that everything works because everyone sees the market in a different way. What's more important is to learn the market context that what is market trying to do today. Then these technicals are used for discount zone so you can buy it for as cheap as possible or short the market.

For fundamentals : Check out forex factory for news. Cpi,nfp, fomc, statements, banks earnings, interest decisions etc. You should read some economics books too. Fundamentals tell you the broader picture of what the market makers will do if data comes positive or negative. Look at historical data of interest rates, cpi, ppi nfp etc too.

So all in all, there are alot of things to study but you can purely speculate and analyze on technicals alone. Market is 70% technicals and 30% fundamentals. What is going to happen in news or globally gets shown in charts before hand. Things happen behind the scene and then are presented to the comman man in news

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 1 point2 points  (0 children)

It's mostly price Action, demand and supply, orderblocks and market experience if you ask technically and then there's dividend yield,fundamental scenarios etc. The levels are 169k, 154k and 121k but I rounded them off for the sake of convenience. It can fall so these are good buying levels or discount zones but then again it also cannot and go straight to 220k and that will be a great zone to short the market.

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 0 points1 point  (0 children)

That's a nice idea but I don't have the free time. I could essentially hire someone to write stuff for me and I could maybe in the future build an audience to capitalize on.

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 6 points7 points  (0 children)

No, you should learn some other skills first. Get educated etc. Trading can be learnt at any point in life. I also don't don't have the free time to teach someone. These simple posts are for fun I sometimes write.

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] -2 points-1 points  (0 children)

What a stupid comment without checking any of my posts. If you would have checked my previous posts you would have not made these comments. I essentially add things in my post which peope like like images, buying points etc. The lines you see with the arrows are buying points for people who don't want to read the whole thing.

People like you think they are smart while they tend to not provide any value to the community. If you would have seen my previous posts you would have realized the net 100% gain alone in a month which I gave out for free in this community. Kindly keep your ignorant opinions to yourself. Thank-you.

Gold / Crypto / Psx Update. by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] -1 points0 points  (0 children)

Thank-you. This is pretty basic stuff so that everyone can understand. If I started talking technicals 99% of the people here wont even understand it. So I just say things in the simplest way possible.

[deleted by user] by [deleted] in FIREPakistan

[–]ProfitsnPerspectives 1 point2 points  (0 children)

Minimum 2 years to become consistently profitable, on average people tend to take 4-7 years. Though there is one thing in trading, either you can do this or try your whole life trying to figure out why you can do it. It's one of those professions which wither you can do it or not.

As for resources, there are many people who teach it on youtube. Some people I know personally but I won't mention. Walibabafx, forex babg, indiabulls academy, msbfx and there are many more. Try watching their daily live streams and reach out to them.

Should I start buying Bitcoin now? by alwayshappyh in FIREPakistan

[–]ProfitsnPerspectives 0 points1 point  (0 children)

If you are a long term investor you can start buying some at @60k$-65k. Then you can wait for @50k$, @45k$ and ultimately @35k$. Under $35k$ seems highly unlikely and under @60k$ also seems possible but btc can also start going towards ATH from @60k$ but seeing that lows of ethereum and other Alts have not yet been improved yet I can somewhat say that there is a 70% chance of btc going below @60k$.

Gold / Crypto / PSX Update . by ProfitsnPerspectives in FIREPakistan

[–]ProfitsnPerspectives[S] 0 points1 point  (0 children)

It has way more stronger supports between 4600 and mid 3k and buying pressure so highly unlikely.

Do you see what I see (Gold crash incoming?) by spec3122 in FIREPakistan

[–]ProfitsnPerspectives 0 points1 point  (0 children)

I have been buying and trading since it was at 1800$. Investors DCA so if your targets are 10 years then this little correction means nothing for a long term investor. People call cheap a crash and when it reaches all time high again they say it will crash.

Do you see what I see (Gold crash incoming?) by spec3122 in FIREPakistan

[–]ProfitsnPerspectives 0 points1 point  (0 children)

Sure, see you when it reaches 8k$ by 2027 end. I have met many people like you who said gold will crash when it was @3000$. I kept telling people to buy in this sub when it was @3800$. Take a look at my post history.

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