Trader's Path

nztrader

nztrader

Hello, everyone! My name is Nazar, I'm from Ukraine. I've known about trading since 2020, but I haven't tried to get serious about it. Therefore, we can say that I am starting from scratch. I want to note right away that I hardly speak English, so I use the translator DeepL.

So, why did I decide to create a blog on this forum?
  • First of all, it's the forum's community and feedback. Man is a social creature, so he needs to communicate with other people. Moreover, it will never be superfluous to listen to an alternative opinion of another person, broadening your horizons and experience. In my opinion, forums are the best type of communication for a trader.
  • Secondly, I want to improve my English. The best way is to hang out in an environment with English speakers.
  • Thirdly, I like to share my thoughts, I've always enjoyed it.

What will be in this blog?

My thoughts, my experience and my way in trading, my trades and the development of my trading system

Well, good luck to everyone!
 
Nazar said:
Hello, everyone! My name is Nazar, I'm from Ukraine. I've known about trading since 2020, but I haven't tried to get serious about it. Therefore, we can say that I am starting from scratch. I want to note right away that I hardly speak English, so I use the translator DeepL.

So, why did I decide to create a blog on this forum?
  • First of all, it's the forum's community and feedback. Man is a social creature, so he needs to communicate with other people. Moreover, it will never be superfluous to listen to an alternative opinion of another person, broadening your horizons and experience. In my opinion, forums are the best type of communication for a trader.
  • Secondly, I want to improve my English. The best way is to hang out in an environment with English speakers.
  • Thirdly, I like to share my thoughts, I've always enjoyed it.
What will be in this blog?

My thoughts, my experience and my way in trading, my trades and the development of my trading system

Well, good l*ck to everyone!
More...
%%
YOUR English is fine;
No such thing as luck..........................................................................................................
 
Hello, everyone!

So, first of all, before I start studying trading, I need to understand the concept of trading. Trading is the analysis and forecasting of prices, with the goal of making money on your forecast. That is, I need to find a tool that will most accurately predict the behavior of an asset's price. Also, let's take into account that the price has a direction and the time it takes to move in that direction.

Second, I want to define my trading style. Based on my needs and my psychology, I want to trade on timeframe longer than one hour and hold positions for a couple of hours or more.

Based on these factors, I start studying Elliott Wave Theory. In my opinion, this is the most accurate system in trading, which allows you to determine the price direction and approximate strength. Also, waves provide alternative options for movement, so you can always assess the market situation and change your idea at the right time. I would also like to clarify that this theory is the basis on which I will try to build my own trading system.
 
nztrader said:
Hello, everyone! My name is Nazar, I'm from Ukraine. I've known about trading since 2020, but I haven't tried to get serious about it. Therefore, we can say that I am starting from scratch. I want to note right away that I hardly speak English, so I use the translator DeepL.

So, why did I decide to create a blog on this forum?
  • First of all, it's the forum's community and feedback. Man is a social creature, so he needs to communicate with other people. Moreover, it will never be superfluous to listen to an alternative opinion of another person, broadening your horizons and experience. In my opinion, forums are the best type of communication for a trader.
  • Secondly, I want to improve my English. The best way is to hang out in an environment with English speakers.
  • Thirdly, I like to share my thoughts, I've always enjoyed it.
What will be in this blog?

My thoughts, my experience and my way in trading, my trades and the development of my trading system

Well, good luck to everyone!
More...
Good luck and much success to you!
 
What market are you looking to trade? Taking your first steps in the trading game is literally a once-in-a-lifetime opportunity. A beginning can be made only once. Good choices make the learning path to becoming operational an easy and straightforward one. Poor choices lead to unproductive side trips and a high likelihood of eventual failure.

Who was Ralph Nelson Elliott? Did he even trade? The behavior of prices is clearly wave-like. One bed-ridden person with a lot of time on his hands theorized that all waves could be shoe-horned into a size three or a size five. Is studying this theory and all its finesses a good choice? As a self-learner, you have to answer that question.

As an initial inquiry, think about why and how people trade. If you are playing in a zero-sum game, your profits will come directly from other people's accounts. People who trade based on their analyses and forecasts usually transfer their money to others. If you can see that you want to be the counterparty to these people, you are on your way.
 
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