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Showing posts with the label Fail

When Demand Zones Play ‘Bounce or Break’ – A 5 Minute Candlestick's Minute-by-Minute Drama!

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Here’s a detailed minute-by-minute timeline of price behavior when a 5-minute candlestick interacts with a demand zone. This comparison highlights bouncing versus failing from the demand zone. 1. BOUNCING FROM A DEMAND ZONE   -   Minute 1: Initial Approach      - Price slows down as it approaches the demand zone.     - Smaller-bodied candles with long lower wicks appear, signaling buyer absorption.     - Volume begins to pick up slightly, indicating interest near the zone.     - RSI/Momentum indicators show signs of flattening or slight divergence (e.g., higher lows in RSI). -   Minute 2: Testing the Zone      - A wick penetrates into the demand zone but doesn’t close significantly below it.     - Bid-side volume increases on tools like the depth of market (DOM) or footprint charts.     - Bullish divergences strengthen.      - Market ...

Learning to Lose: How Following Failed Stock Gurus Can Tank Your Trading Dreams

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Following failed online influencers and stock trainers can negatively impact your trading for several reasons: 1. Misinformation : Failed influencers might spread incorrect or outdated information, leading you to make poor trading decisions. Their lack of success could be due to flawed strategies that they continue to promote. 2. Unrealistic Expectations: Many failed influencers tend to exaggerate their success or present trading as an easy way to make money quickly. This can set unrealistic expectations, causing you to take excessive risks or become frustrated when results don’t match your expectations. 3. Emotional Influence : Watching someone who isn't successful can create doubt and anxiety about your own trading strategies. Their negativity and lack of confidence might seep into your mindset, making you second-guess your decisions. 4. Lack of Accountability : Influencers who aren't successful might not take responsibility for their failures, instead blaming external factor...