Technical Analysis vs a Coin Toss - Which is Better?
HTML-код
- Опубликовано: 15 фев 2022
- What Is Technical Analysis?
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
The trading floor is a new project that I just launched.
World class day trading education and tools
www.trdfloor.com/welcome
FunderPro
Start your funded account challenge HERE (20% discount with link)
funderpro.com/get-funded-with...
my twitter / artybryja
For charts Use Trading View
www.tradingview.com/?aff_id=1...
New Official Telegram Group
TMA OFFICIAL®
t.me/TMAbyArty
Looking for a forex broker?
I use Osprey
ospreyfx.com/tradewithtma
regulated broker i recommend is Blueberry markets
bit.ly/blueberrytma
Try a $100,000 funded account from OspreyFX
ospreyfx.com/tradewithtma
Use coupon code
movingaverage50
To get $50 off
Sign up for a $100,000 FTMO funded account here
trader.ftmo.com/?affiliates=i...
Get a free audio book from audible
tmafocus.com/2WyXSqa
Links to the indicators
TMA Overlay
www.tradingview.com/script/zX...
TMA Divergence indicator
tmafocus.com/3nfcEfd
TMA shop
shop.spreadshirt.com/themovin...
Get some free stocks from WEBULL
tmafocus.com/3p0vatP
also
Get some free stocks from Public
tmafocus.com/3GUUojh
What Is Technical Analysis?
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.
KEY TAKEAWAYS
Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities in price trends and patterns seen on charts.
Technical analysts believe past trading activity and price changes of a security can be valuable indicators of the security's future price movements.
Technical analysis may be contrasted with fundamental analysis, which focuses on a company's financials rather than historical price patterns or stock trends.
Understanding Fundamental Vs. Technical Analysis
Understanding Technical Analysis
Unlike fundamental analysis, which attempts to evaluate a security's value based on business results such as sales and earnings, technical analysis focuses on the study of price and volume.
Technical analysis can be used on any security with historical trading data. This includes stocks, futures, commodities, fixed-income, currencies, and other securities. In this tutorial, we’ll usually analyze stocks in our examples, but keep in mind that these concepts can be applied to any type of security.
Technical analysis operates from the assumption that past trading activity and price changes of a security can be valuable indicators of the security's future price movements when paired with appropriate investing or trading rules.
NOT FINANCIAL ADVICE DISCLAIMER
The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
110'% agree.
When I started out 4 years ago I had no rule based strategy; no risk management nor any trade management.
In short: i didn´t have a trade plan, back/forward tested - and got my @ss kicked like everybody else in this phase.
Worked though it (horribly painful experience!!) and ended up becoming reasonably consistently profitable.
At that time I was watching 10 markets at the time and it it took me 7-8 hours of screen time and taking way too many trades.
Exhausting, made good money but it was not the life I wanted.
Fast forward (past 2 years) - it´s a HARD process (!!!):
a) I now trade only ONE pair (eur/usd)
b) for max 3 hours (London/NY overlap)
c) same boring setup all the time
d) risk 2% with a 1R breakeven 2R profit management (= lose $2k, break even, or make $4k on a $100k funded account)
e) only 1 trade per day
f) close my laptop as soon as I am in a trade - with SL, BE and TP set.
It took me AGES to believe that making great money this way was even remotely possible, but it IS!
I average a 45% hit rate with a 1:2 RR, and it is golden....
Nowadays, trading is NOT my life - it´s just what I DO 3 hours a day (plus a couple hours a week to review my trades) to enable me to do a SH@it load of other fun things I want to do, whenever I want to.
Keep it simple.
It´s all in your mind.
Couldn't stop laughing at "dip up & dip down" reaction 😂😂😂😂
Sucks that risk management videos always do worse than the strategy ones, I know first hand how important risk management is from trading without a stop loss on indices to over-leveraging and nearly blowing accounts. Thank you for helping me improve from that. 🤝
Risk managment is single handedly the most important aspect of a day traders success. Very good video!
Totally agree!
The "free time" part was amazing! 🤣
Glad you liked it
I reckon it’s the phrase “risk management” that people are turned off by. Once I understood that any strategy that you create that backtests 50% or more successful can make you a tonne of money… that’s when I found “risk management” extremely interesting!! Thanks again for the vids.
You speak such a clean English I can understand every word amazing thank you. I'm trying the $20 challenge day 4 🍀
I love your advice Arty...especially about don't watch a trade! I 100% agree. Much gratitude as always.
8:17 - 8:49 This is why this channel is different! You'll never get bored 😂
Thank you Arty 🌹🌹🌹
Thanks for this video Arty, I love the way you teach trading and risk managment, congrats for the work!
Thanks, Arty! Keep on doing these kind of videos. They are extremely useful. Cheers
Alternative title: Arty calls out all my trading mistakes for 9 minutes 👀
I dont know what was better. The information in the video or the examples to pass the time
love your content Arty, Keep up the good work and thank you for all that you do
Arty you are a good teacher; I have a small account and I follow your teaching and I make profit; but when I am a dumb as I loose out when I don't stay with your teachings. Good teacher, one of the best if not the best I've learned.
Hey Arty, I'm an old fart of some 58 summers, I recently got into crypto and trading, and have latched on to your content. I'd really like to thank you, I am now surprisingly profitable, thanks to your advice, particularly highlighting strict risk management. It can only go up or down, so if you can win one and loose two and still break even, it's a no brainer. Thank you so much man!
Psychology and risk management. You nailed the two most important things about trading again! I still keep telling everyone about you and the smart ones are listening. Thank you Arty!
Thanks for sharing!
consulting a probability table, at a 50% win rate the trader faces a 9% probability of having 10 losses in a row when trading one instrument. It seems prudent to have a risk plan which can handle an event which happens less than 1 time out of 10. The table I´m using does not go past 10 consecutive losses but I imagine having 25 consecutive losses, as you mention in your video, might happen 1 out of a 1,000 times or maybe less than that.
Love Arty's content always recommend to my mates
Love your video's Arty :) You bring value to youtube for sure! I would love to see you trading live someday.
Thank you for teaching risk management importance🌹
Loving the content!
Proper risk management is the key to a successful trading. Love you sir
Yes 100%
😬 …. A coin flip? Eeks! Some people are so literal Marty, you can only teach those who truly want to learn….Great lesson
Great video... sure wished it is done for a longer period of time.
But while it is very unlikely to lose 100 times in a row. It is possible to have many more losses in a row than wins in a row in 300 trades that can wipe out your account with coin flip trading. This is especially true thanks to spread and the fact that it is twice as likely to hit a 1% stop loss than a 2% take profit.
That's what i'am wishing for. I want to see like this content in this channel and finally it's here. That's f,u,,,,ing awesome bro.
Great youtube channel.
Big fan bro.
Glad you enjoy it!
Thank you for the video.
Could you please explain the last part?)
you are so right! Thank you!
You are so welcome
Think I'm going to proceed with the coin toss strategy, since my chart analysis always ends up in the candle to go the other way immediately after I enter a trade :) have a good day guys!
Stay consistent -another key either been on a losing streak or not,just be consistent with your strategy
I love you for this type of advice.... Here in Bangladesh you have lots of fan who knows about you through me.. :D
love you Arty
Really love your work! However, there needs to be some discussion on the understanding that a 20 pip move is more difficult than a 10 pip move. So as the ratio goes up your win rate will go down. This has nothing to do with a coin flip.
So this makes the choice to increase the ratio very tricky. Would love to know your thoughts
Exactly
Love your videos ❤️❤️
Trying again, can you do a vid on risk management trading crypto on for example binance as they don't use pips etc.
Love your work!
Glad you enjoy it!
8:21 😂😂 Your are a killer ! And thank you a lot for your videos, you've helped me to change my trading habits, and improved my knowledge, now I have far better results, you are a great teacher !
when am scalping i use the random walk strategy and that means i don't even look at the charts, proper risk management is the key guys
Okay I’ll stop looking at my screen 🤣 damn you be putting me in place.
Love the little yellow car, looool.
Thanks for the great video, this make me think what if we start two orders at the same time,
One long and the other short, both with 20 pips target and 10 pips stop lose,
I tried it in a demo account twice, this actually made me take profits of 10 pips.
hey I love your vids. Would you mind making another video on shorting? using the 21 50 & 200 moving average and rsi? Something a bit more in depth. I am having a hard time with my entries when it comes to shorting. If you can go over it with some examples will be great! Thanks :))
Super materiał. Mam właśnie problem, o którym wspominałeś - trudno mi utrzymać transakcje do końca. Jeżeli jestem na "+" zamykam zbyt szybko, jeżeli jestem na "-" czekam aż zaliczy SL. Będę nad tym pracował, dzięki.
Great stuff. I have the problem you mentioned - it's hard for me to keep my trades through to the end. If I'm on "+" I close too quickly, if I'm on "-" I wait for my SL. I'll be working on it, thanks.
These are great videos
This video literally just made me take profit This morning on GBPUSD! I did exactly what you said and what to risk, thank u!!!
I greet you! Thank you for being!
I'm just getting started and I'm learning. I live in Belgium. I have a few questions for you. How to set up this indicator? Or will it work according to the settings that already exist? Please tell us how you plan your trading day? I am new to trading and I need to get started with one trading tool? And if I'm looking at a chart, where should I start? Tell me step by step, where to start when we sat down at the chart to start trading? How do you do it, how do you look for entry points? Thanks! Regards
WE WANT MORE VIDEO LIKE THIS !!!
great video👍
Hi Arty! at the end of the video - how did you get 1200$ from BUY position? the price dropped down (that's why Stop loss was hit on the 1k coin toss account). Thanks!
100 usd needed😁 great videos by the way. Thanks alot bro❤️
Hi moving average!
Let's think about it this way. How about taking two trades simultaneously in opposite directions with your coin flip and the risk management strategy.
Cześć Artur dobra robota
checking in from Kenya
I didn't found your video on technical analysis. If its deleted please recreate on this topic.
Dear Arty, we're all waiting for the fitness related channel now 🤣
Especially after those amazing biceps curls
Cool! Great way to prove your point 😊🤙
Thanks! 😁
Hi Arty, the emphasis on Stop Loss is clear. But eventually, later by few more hours, the price broke your Take Profit target. What if you didn't put the SL?
Hey Arty, really love your videos and teachings so please keep up the good work! I'm trading every day and would like to learn how to trade on MACD divergences so not crossovers but like the rsi divergences ""price higher but macd lower..."hopefully you will make a video on this one thanks man! PS:.. i'm really jealous where you live.. snowboarding in the weeknds ...wow what a bless..pfff...Greetings from Amsterdam✌
Thanks, will do!
I love your videos.
I understand that risk management is important, but I have "experimented" a bit with cryptos and I was often stopped out because the volatility was too high, i.e. I had first 1% minus before I had 0.5% profit.
If I had set my stoploss at -2%, I would have made profit because the chart first went down 1.5% and then went up 3%.
How can I solve the problem of being stopped out too early but still not losing 20% in a big crash?
the coin magician🤗 but yea risk management is key
I learnt that the hard way
I LOVE YOUR HOODIE ARTIE. GREEN MEANS LONG
1st view 1st comment. Thanks Arty
I have a question. I've been profitable for a month now and i'm risking 10% per trade with a 1:1 rr since i have a small forex account. Should I stop trading this way?
😂😂😂🤣🤣🤣🤣🤣 Arty.. your sense of humor is top notch
Damn Dude, You Rock 🤣🤣❤❤
Risk management the main key towards success in forex
Hey Arty question, in general is it always win or lose with you, or do you initiate break even stoploss ever?
Good strategy tho where can i get that coin? Can use on any timeframe?
when do you go live? and why did you enter a buy on your private account?
Hehe hehe, super one 😜😜😜, best way to motivate 👍👍👍😊
Hello, i have started looking your trading videos from the beginning and i cant use pip hunter baseline overlay indicator. Please could you give me some information about it? thanks
hy ARTY you live in our brain ... i do all these mistakes ... when winning juming and when losing fu*k SL go high leverage with revenge mindset .. more i also shake SL when trade is running positive for break even ... is it good or bad .. ??
How do you manage risk management and leverage????
question? I know you don't have to trade everyday but what days do you think are best to trade on?
hahaha love the raid bro.. mad skills
just wondering..what happen if you open 2 accounts (1 for buy and 1 for sell only)
do we still get the profit or we just blow our money
Hey Arty! I don't if it is a mistake by ospreyfx or it was a miss tipping error, but the actual discont is $50 not 50%. I think I will try the 25K challenge... Thanks!
Hi, maybe it is not based on the subject of the video. But what do you think about INJ from a long term perspective?
Does the profit take into account the cost of commissions and any other cost not just the losses when trading.
Hello Arty, I know that AUDUSD is your favourite pair to trade but lately, because of the conflict between Russia and Ukraine, it has been very noisy. Do you have any alternatives to it or do you still trade it?
How many trades should be taken for the day using little acct
Awsome😃
😂that montage was fire 🔥
what camera you use?
Hi Bro, one request can help do video explain more detail on cross and retest topic..
Hi can you do a video on block orders ?
You can try the 50/50 method using a one or two period Stochastic on hourly.
At the opening of the session go long if below 50. or go short if above 50.
Another idea: Go long and short at the same time, the winning side should be twice as big as the loser.
Hello big Fan, why do you have an alarm ??
Long !!! Lets go amigo lol
I like before i watch
I do also and I've never regretted it
That 50% isnt completely correct though is it, if you factor in commission you get less than the 50% you have traded
Perfect boss 😆
Thank you so much 😀
Hey Arty. You're my go to guy with trading..
However, a 1-2 percent trade on $20 seems impossible to trade on. I mean it's doable, just loooooong. I have to face it that I couldn't do that on a $20 account. The numbers add up, but are just seemingly miniscule to see a large enough dent in my mind. Makes sense on a $1k or a $10k account as the numbers add up quickly.
However, things begin to change with 10 pips on a compounded account when its 10% of an account being risked on every trade with a 1/2 ratio. Then it seems like progress is being made. But there is more risk and get less chances over time when the stop loss is hit. So there is a balance between higher risk vs patience.
Do you have advice (besides don't do it) on how to manage this type of trading? I know it's risky, but perhaps increasing an account quickly at the start can eventually lead to implementing a 1-2% strategy. What are your thoughts on accounts? Apologies if this seems counter intuitive to all your videos.
Actually, Arty Sums it up in this video here: ruclips.net/video/RKDZiQ25dfo/видео.html
So if i trade 20 $ how many pips and profits and loss i should have ?
Continuous play. Video 113
Thank you
Why don't you make a video on position sizing
Bro i want all videos of these series i couldn't find that
is 0,0997 POLISH POLICE NO ;) how long did you hold yours trade?
fifty-fifty !!! Roll on tomorrow...
For the last 30days I've managed a 5% profit on my account and it was stressing me out!
I guess Imma get a coin and be done with it 😛
lets goooo