Is Investopedia stock simulator Good? - LuckScout

The intelligent investors guide to cryptocurrency: Part 3b - Pricing and liquidity

*Introductions: I'm joskye. A cryptocurrency investor and holder. *
...
 
Hi again. This is the third part in our ongoing series on how to trade better and determine intelligent investments in cryptocurrency for the future.
 
 
Part 3b continues where I left off with a discussion about price metrics specifically, what determines the price and the importance of liquidity:
...
 
The day traders:
 
As I mentioned in my previous article, as of writing almost every cryptocurrency is determined purely by speculative value.
 
 
For instance in cryptocurrency Bitcoin is still the biggest player in the game. It carries a per unit price of $900 per coin. There are currently 16,090,137 (16 million) coins in circulation giving it a total marketcap value of [$900 x 16090137 =] $14481123300 or 14.48 billion USD.
 
 
Shadowcash looks even more meagre compared to the total cryptocurrency marketcap with only 0.048% of the total cryptocurrency sphere.
To any Shadowcash holders despairing at this point, relax. There are over 707 cryptocurrencies trading as of writing and SDC holds the 27th ranking in terms of market cap. In such a competitive field, filled with scams that's pretty good. Moreso when you consider that SDC is a legitimate technology and is currently probably very undervalued.
...
 
Lets look at the rich list for bitcoin:
 
Why did I just talk about this?
 
In cryptocurrency I see this happening on the markets all the time. Indeed market manipulation effects every single cryptocurrency eventually.
...
 
Market manipulation!
 
Large holders of valuable, high marketcap coins will often make multiple small volume purchases of less valuable, low marketcap coins. Often this will follow announcements regarding developments in that low marketcap coin.
 
 
Low volume buying in a market with low daily trading volume can gradually drive up the price attracting an influx of buyers into that coin; often they will make larger volume purchases of it which helps drive up the price much further. This will trigger a further chain of buyers experiencing FOMO (fear of missing out, detailed in Part 2) who will drive up the price even further. The price will pump. Often will smaller cap cryptocurrencies this may result in a sudden 20, 40, 60 or even +100% increase in value often over a very short time space (1-2 days, 1-2 weeks maximum).
 
 
The only way to discern if the sudden rise in coin value is due to pre-rigged market manipulation is to look at:
 
You are looking for organic, gradual growth based on a solid value proposition. Sudden large spikes in value should make you pause and wonder if it's worth waiting for a gradual correction (organic drop) in price before entering your buy order.
 
Do not fall for a pump and dump. Stick to the lessons covered in previous parts of this guide (especially part 3a and 2) and you will be much less likely to lose money in the long run trading and investing in cryptocurrencies.
...
 
The pattern of change on daily trading volume, the order book and liquidity:
 
Lets look at SDC and Bitcoin again. This time we are going to compare the daily trading volume (last 24 hours) in USD.
 
 
I'd just like to use this opportunity to point out and reinforce the idea that day traders not holders dictate the daily price of an asset. I'd also like to point out daily global trading volume on Forex is $4800 billion which makes Bitcoin a very small fish in the broader arena of global finance and trade i.e. Bitcoin is still very vulnerable to all the price manipulation tactics and liquidity issues I am going to be describing in this article by bigger players with richer pockets.
 
 
The daily trading volume also gives you an idea of how much fiat currency you can invest into a given cryptocurrency before you suddenly shift the price.
 
 
A sudden rise in coin price heavily out of proportion to the rise in daily trading volume should be the first sign to alert you to a pump & dump scam.
 
Daily trading volume should show a steady increase over time with sustained buy support at new price levels; this is a good marker of organic, sustainable growth.
...
 
For more detail you can now look at the depth chart:
 
The depth chart is very useful to know how much fiat currency is required to cause the spot price of a given cryptocurrency to rise or fall by a given amount.
 
NB the price of most cryptocurrencies is expressed in Bitcoin because it has the largest market cap and daily trading volume of all cryptocurrencies by a very large margin and because with a few exceptions (Ethereum, Monero) most cryptocurrencies do not have routes to directly purchase via fiat currency without first purchasing Bitcoin.
 
Liquidity is super important. People often complain about a market lacking liquidity but that is often because they are trading in fiat volumes which far exceed the daily trading fiat volumes of the cryptocurrency they are referring to. If you are investing or trading in a cryptocurrency, always factor in the your personal liquidity and need for liquidity relative to that of the cryptocurrency you are investing in. In other words don't expect to make a profit next day selling 'cryptocurrency x' if the size your single buy order composes >90% of the buy orders on the market for 'cryptocurrency x' that day (indeed in such a scenario be very prepared to sell at a loss next day if you absolutely have to)!
 
 
There are certain patterns on a depth chart that make me believe a significant, sustained price rise is imminent: One example occurs when there is a very large volume of buy orders (>25% of total buy volume within 5% of current price) very close to the current (spot) price, and a very large number of sell orders close to but significantly above the spot price (approx 25% total sell volume within 10% of current price) and especially if the total buy order volume is a significantly higher percentage than it has previously been. This simply indicates high demand at current price which may soon outstrip supply. Again I stress that these patterns can be manipulated easily by wealthy traders.
 
...
 
The order book is another way of looking at the depth chart and allows you to see the specific transactions occurring that compose daily trading volume by the second!
 
I find it useful because it allows me to identify:
 
...
 
The price charts:
 
Discussions about price charts could be endless. I'm not going to go into too much detail, mostly because I'm an investor who believes the value proposition, good consistent development, decent marketing and communications will ultimately trump spot prices and adverse (or positive) short term price trends in the future.
...
 
The news cycle:
 
...
 
Other interesting points: The 'coin x' scenario and the ridiculousness of marketcap:
 
'Coin X' is an imaginary hypothetical coin. There are only 10 in circulation. It has no value proposition beyond it's speculative value i.e. it will never generate a revenue independent of it's speculative value.
 
 
I'd like to point out the similarities between ZCash and 'coin x' (especially during it's launch).
...
 
Lessons:
 
 
...
 
References:
1. Coinmarketcap rankings: https://coinmarketcap.com/all/views/all/ 2. Coinmarketcap daily trading volumes https://coinmarketcap.com/currencies/volume/24-hou 3. Bitinfocharts - Top 100 Richest Bitcoin addresses: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html 4. Crypto ID - Shadowcash Rich list: https://chainz.cryptoid.info/sdc/#!rich 
 
...
 
Further articles in this series:
 
"The intelligent investors guide to cryptocurrency"
 
Part 0 -
Part 1 -
Part 2 -
Part 3a -
Part 3b -
Part 4 -
Part 5 -
Part 6 -
Part 7a -
 
"The intelligent investors guide to Particl -"
 
 
Full disclosure/Disclaimer: At time of original writing I had long positions in Ethereum (ETH), Shadowcash (SDC), Iconomi (ICN), Augur (REP) and Digix (DGD). All the opinions expressed are my own. I cannot guarantee gains; losses are sustainable; do your own financial research and make your decisions responsibly. All prices and values given are as of time of first writing (Midday 8th-Jan-2017).
 
Second disclaimer: Please do not buy Shadowcash (SDC), the project has been abandoned by it's developers who have moved on to the Particl Project (PART). The PARTICL crowd fund and SDC 1:1 token swap completed April 15th. You can still exchange SDC for PART but only if it was acquired prior to 15th April 2017 see: https://particl.news/a-community-driven-initiative-e26724100c3a for more information.
 
Addendum: Article updated 23-11-2017 to edit references to SDC (changed to Particl where relevant to reflect updated status) and clean up formatting.
submitted by joskye to Particl [link] [comments]

I made a list of resources for beginners.

Check back often as this is regularly updated.
BLOGS N/A -------------------------------------------------------------------------------------------
https://jkonfx.com/ Technical & fundamental news on currencies. I would advise newer traders not to trade solely on external opinions because that won't cement your own methodology or reasons for trading. Excellent website for if you want an overview of the markets and daily reports. Also includes a trading journal and a lot of media attention.
http://www.stocktradingtogo.com/ A good blog for new traders/ investors. Lot of ‘top 10 lists’ to flick through.
http://www.tradingheroes.com/ This is absolutely amazing! I can't put a value on this! It's one of the best gems of the internet. Podcasts interviewing successful traders, some are notable such as 50pips, Walter Peters & Chris Kapre.
http://www.nobrainertrades.com/ Found this when doing the podcast link below, it's actually really good high quality stuff. Blog based with plenty of educational material.
http://www.chatwithtraders.com A weekly podcast that interviews successful traders. Thank you gumballfrank for this.
http://ftp.traderkingdom.com/ Not had much of a chance to check this out, but first impression are nice!
http://www.forexlive.com Heavily oriented towards fundamentals. Good news portal submitted by WinterTires thanks!
http://www.tradeciety.com/ Heavily visually oriented perfect for beginners! Lots of infographics and info. Submitted by gumballfrank
ONLINE SCHOOLS & LEARNING PORTALS N/A -------------------------------------------------------------------------------
http://www.tradimo.com A superb website dedicated to training people to become better investors traders for free.
http://www.babypips.com One of the best free online schools which tracks your progress and teaches you heaps on information. The forum is the gem, where many people keep trade journals and put up their strategies. Don't copy them but borrowing concepts and ideas is good.
http://www.forexpeacearmy.com/forex-forum/forex-military-school-complete-forex-education-pro-banke Unbelievably thorough! Education on forex trading, literally everything is covered.
http://stockcharts.com/school/doku.php?id=chart_school Very wide ranging resource that focuses mainly on technical analysis.
http://www.investopedia.com This should be a given, but seriously – this place is the Wikipedia of trading/ investing.
http://www.swing-trade-stocks.com/swing-trading-basics.html Actually a really good learning resource that mentions psychology and momentum among other things.
http://thepatternsite.com/Psychology.html Really good information on trading psychology – something that often goes unnoticed with beginners.
http://www.finvids.com/ Cool little website with videos on candle patterns and chart patterns.
http://www.fxacademy.com/ Appears to be a free trading academy. Not tried it personally, but it looks really good. With plenty of videos for visual learners.
ARTICLES OF INTEREST N/A -----------------------------------------------------------------------------
http://www.stocktradingtogo.com/2009/05/14/trading-psychology-stages-investor-emotions/ An article on the ’14 stages of investor emotions’ knowing who you are and what is happening to you can lead you to make more calculated decisions.
http://fourhourworkweek.com/2014/10/15/money-master-the-game/ Tim Ferris, author of The 4 Hour Work Week interviews Tony Robbins to find out the success behind the worlds best investors. Talking about morning routines, peak performance & mastering money!
http://www.tradeciety.com/category/trading-blog/ Best trading & investing blogs and articles as picked by tradeciety.com
http://www.forextradetracker.com/blog/understanding-forex-jargon-a-glossary-for-beginners Forex jargon glossary for beginners. Submitted by gumballfrank
FORUMS N/A -------------------------------------------------------------------------------------------------
http://www.forexpeacearmy.com/ Excellent learning resource, main focus is to help avoid people getting scammed.
http://www.trade2win.com/boards/ Massive forum for beginners to talk to more experienced traders – very active community.
http://www.forexfactory.com/forum.php Much like trade2win but more focused towards forex.
http://forums.babypips.com/ Another forum dedicated to forex traders. You'll find people keeping good strategies here, list them via most views first to find the real gems.
MISCELLANEOUS RESOURCES N/A --------------------------------------------------------------------
http://www.forex-warez.com/Free%20Download/ Every book you could ever want on trading, investing, market psychology, strategies etc.
http://www.forextradetracker.com/ SUPER IMPORTANT This website is paramount to your success, still in development but will provide users with an easy way to document trades. Success is determined by your willingness to follow through with the boring bits so keep this one in your bookmarks.
http://www.hotcandlestick.com/candlestick-pattern-flashcard-game.html Super useful Flashcard game that helps you to remember important candlestick patterns.
http://www.hotcandlestick.com/forex_charts.htm Important candlestick patterns that have appeared on the major currency pairs. Good for a quick overview.
http://www.freeonlinetradingeducation.com/chart-school.html Website offering visual illustration & practical applications of popular candlestick patterns.
http://www.hotcandlestick.com/candles.htm Glossary of candlestick patterns.
http://www.incrediblecharts.com/topic/Technical_Analysis Another resource for learning technical analysis. Not particularly thorough but useful for basic concepts.
http://www.forexschoolonline.com/ Market overviews and trading opportunity videos provided, along with educational videos and the like.
http://www.tradersdna.com/education/ Another trading education site focusing more on forex.
YOUTUBE CHANNELS N/A ------------------------------------------------------
https://www.youtube.com/useJarrattDavisForex Jarratt Davis - plenty of educational videos to help you get your bearings! *Submitted by masudhossain
https://www.youtube.com/useOneStepRemoved Shaun Overton interviews many forex traders to find out why and how they work.
------------------------------------- BELOW ARE PODCASTS FROM TRADING HEROES WEBSITE ----------------------------------------
Podcast Lessons
TTL001 – Pro Trader Interview: Haji Warithu What he attributes his success to, what amount of money you need to start and how to choose an Islamic broker among other stuff.
TTL002 – Full-Time Trader Interview: Jessica Peletier, AKA Rogue Traderette How she lets her partner know there are losses as well as wins. Where she learnt to trade, why CFDs are amazing etc.
TTL003 - Interview with Pro Trader and mentor Chris Lori. His thoughts on backtesting, why being athletic counts, his development and timeline as a trader, how his trading results exploded and what to do if you want to manage funds.
TTL004 – Interview With Pro Trader Adam Jowett The common trait he sees in successful traders, how long it took him to become profitable, the most important trade that made him successful, his favourite books and why they both like Jessica Peletier.
TTL005 Doesn't seem to exist. I'm not joking.
TTL006 – How Colin Jessup Went From Warehouse Worker To Professional Forex Trader And Soon-To-Be Fund Manager A warehouse worker went through his trials and tribulations to be given the offer of managing an $80 million fund. How he started with $800 and no clue what to do, 2 biggest mistakes he sees traders making, how he continues to improve and what has happened to his lifestyle since becoming a full-time trader.
TTL007 – The Inspiring Story Of How Psychologist Walter Peters Quit His Dream Job To Trade Forex Naked For A Living (not what you think) How Walter Peters quit his job to trade forex for a living. This guy trades naked using No indicators
TTL008 – How Lynette Allen Combines Minimalism, Line Charts And Only One Currency Pair To Trade For A Living How Timothy Sykes inspired her, what minimalism is all about and how it's spread to every facet of her life, what her single pair to trade is, what the 2 best traits for successful traders are and plenty more!
TTL009 – How Brian McAboy Leveraged His Engineering Background To Trade And Coach For A Living What plastic bottles have to do with trading, how much money you need to have to be properly funded and go full-time, how much work you have to do and how long it'll take to get there, 2 best traits to have and loads loads more!
TTL010 – How Rafael Veron Taught His Wife To Trade Better Than Fund Managers Can you actually trade from a beach? The use of hypnosis to make him a better trader, the method that works with his psychology, how much you need to get started, how long it took him to become profitable and what he would do differently if he had to start over! plus loads more!
TTL011 – Why (and how) 50 Pips Trades Forex For A Living What does trading have to do with golf? Things you could learn from his students and his opinion on black box systems and fibo retracements.
TTL012 – How A Millionaire’s Intuition Transformed Chris Capre From Yoga Instructor To Professional Forex Trader Personal Favorite I love this guy because he's true and noble. He is philanthropic, offers trading courses that are cheap and really knows what he's talking about. He explains how a 3 second glance can stop you 2nd guessing yourself, how much he made with $3000 in 6 months and plenty more!
TTL013 – Steve From No Brainer Trades And The Only Thing You Need To Remember When Trading What the biggest killer of our accounts is, the cliches that are true, where to find the hidden information amongst many other things.
TTL014 – How Casey Stubbs Went From Computer Geek To Forex Trader His opinion on EAs, why he trades the way he does and the biggest mistakes to avoid!
TTL015 – Trading For A Living Risking Only 8 To 12 Pips Per Trade: Kim Krompass How she was profitable from the start, her strongest trait, her strong opinion on backtesting and demo accounts, how she lost her fortune and info on her 2 most succesful students.
TTL016 – How Custom Programming Can Help Almost Any Trader With Shaun Overton How to know when you're in the forex dream, lots of info on automated systems and his experience with AI.
TTL017 – Bank Dealer Turned Independent Trader Walter Vannelli Shares His Experience His unique style of meditation, why banks win and how you can fight back, his daily routine and how much you needed to trade in the 80's.
TTL018 – How Reynaldo Soriano Makes A Living Trading 1 Hour A Day Why he holds trading contests, why forex is the best market to learn in, how institutions work and why he stopped day trading.
How A South Central Public School Teacher Became A Successful Forex Trader With Greg McLeod How he's turned some traders around in 30 minutes, why you never trade on a monday, the courses he bought, why he teaches outside the classroom and why he sent his kids to learn chinese.
Edit - I've spent about 2 hours making this now. I hope you guys find it useful! I'll continue to update it and may you all find trading success. If you want to help me out spread the link! put it on forums or share it with friends. Good luck to you all and happy trading!
Edit 2 - My brain is fryed... time for a rest.
Edit 3 Once I've categorized this post making it easier to navigate i'll be adding books to read, videos to watch & the traders that will help on your journey to self-sufficiency. Happy trading everybody!
submitted by Dannyboi93 to Trading [link] [comments]

Forex Game - Trading for beginners. How to Calculate Stop Loss and Take Profit Easily // set ... Great Tips on Where To Place Your Stop Loss! - YouTube 3 Tips for Your Forex Trading Stop Loss Strategy - YouTube Investopedia simulation game Linovitskaya Investopedia Stock Simulator Investopedia Video: The Stop Loss Order - YouTube

Forex No Stop Loss System ≡ Menu. Home; Home / Without Label / Forex Scalping Investopedia. Kamis, 10 Oktober 2019. Forex Scalping Investopedia Rule 145 Investopedia Forex Dau Tu Ngoai Hoi Forex Factory Top Technical Indicators For A Scalping Trading Strategy Investoped! ia Pipsovochnye Strategy Forex On Psar And Macd Projects Option Spot Fx Investopedia Arti Repaint Forex Anyoption ... completely reverse a short while later and take out your stop 40 points lower. If you haven't already experienced this feeling firsthand, consider yourself lucky - it's a woe most traders face more often than you can imagine and is a perfect example of poor money management. Managing Your Capital . Investopedia.com – the resource for investing and personal finance education. This tutorial ... Stop Loss (S/L) option is very important to success in forex trading. Don’t forget to use it. Also, T/P (Take Profit) Option should be used simultaneously with stop loss. Did you have your own money management policy? How much % of balance you want as stop loss level? How much for a reasonable trade? But the most important thing is did you set your own trading methodology? Or you’re simply With a stop-loss order, if a share price dips to a certain set level, the position will be automatically sold at the current market price, to stem further losses. The Investopedia stock simulator is all about getting a real taste of market. So if you were every curious about the way the market operates, go for it. It mimics every available element involved in placing a trade. So whether you are looking at market orders, limit orders, margin buying and even stop orders. Stop and limit orders in the forex market are essentially used the same way as investors use them in the stock market. A limit order allows an investor to set the minimum or maximum price at which ... A Real World Example of a Stop-Loss Order . A trader buys 100 shares of XYZ for $100 and sets a stop loss order at $90. The stock declines over the next few weeks and falls below $90. The traders ...

[index] [15591] [27778] [13915] [13125] [25803] [23898] [29585] [12404] [12916] [15179]

Forex Game - Trading for beginners.

Investopedia Stock Market Simulator (How to use) ... Limit Order, Stop Loss, Stop Limit) - Duration: 9:05. Arvabelle 120,503 views. 9:05. How to Invest in the Stock Market for Beginners - Duration ... Great Tips on Where To Place Your Stop Loss! http://www.financial-spread-betting.com/Risk-stop.html If you found value in watching this video, PLEASE LIKE AN... Beginner tips for forex stop loss strategy that you need to know before you start forex trading. Your stop loss placement has to depend on many factors. St... Stock Market Order Types (Market Order, Limit Order, Stop Loss, Stop Limit) - Duration: 9:05. Arvabelle 252,503 views A stop loss order can protect an investor's portfolio when it is left unattended. Find out more about this market order and how it can work for you.For more Inv... How to Calculate Stop Loss and Take Profit Easily // set profit target limit order forex stocks investing day trading Want more help from David Moadel? Conta... Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire Frank Giustra - Duration: 20:47. Kitco NEWS 723,309 views

http://binary-optiontrade.chatray.ml