2023, week 11

[Close] - Trend Status Analysis by PresentTrading

The market is uncertain. USD index is fluctuating around 6.9.

Keep moving. Keep watching.

Gluck. Please do risk control.

--Summary --

Total Closed Trades 34

Winning rate 76.47%

'Use backtesting to evaluate and make objective trading decisions.'

by PresentTrading



USD/ CNY 3D candle w/ backtesting result

#market #USDT #forex

#backtesting #presentTrading

2023, week 12

[Close] - Trend Status Analysis by PresentTrading

Keep moving. Keep watching.

As what I predicted, the market is uncertain. USD index is fluctuating around 6.9.

No clear direction.

Gluck. Please do risk control.

--Summary --

Total Closed Trades 34

Winning rate 76.47%

'Use backtesting to evaluate and make objective trading decisions.'

by PresentTrading

USD/ CNY 3D candle w/ backtesting result

#market #USDT #forex

#backtesting #presentTrading

[Close] - Trend Status Analysis by PresentTrading

USDT Up only? it seems DXY is going to dominate Forex again in short term.

Keep moving.

Keep watching.

-- Summary --

Total Closed Trades 34

Winning rate 76.47%

Use backtesting to evaluate and make objective trading decisions.

Gluck. Please do risk control.

#market #USDT #forex #backtesting

#presentTrading

USD/ CNY 3D candle w/ backtesting result

2023, week 10

[Close] - Trend Status Analysis by PresentTrading



USD index is fluctuating around 6.9.

The risk market is uncertain.

Keep moving. Keep watching.

Gluck. Please do risk control.

--Summary --

Total Closed Trades 34

Winning rate 76.47%

'Use backtesting to evaluate and make objective trading decisions.'

by PresentTrading



#market #USDT #forex #backtesting

#presentTrading



USD/ CNY 3D candle w/ backtesting result

You know about #stocks ,#crypto2023 ,#NFT ,#forex .But, I am going to share some more investment and trading Object/Application related to crypto.

You have to be smart in Investment and #trading .

1.CEX crypto:-A centralized crypto exchange (CEX) is a business that provides you with a multitude of services such as a crypto trading platform (buy and sell transactions), account services (account funding and withdrawal), and customer support services.

2.Computing crypto:-Computing is the process of using computer technology to complete a given goal-oriented task.

3.DeFi crypto:-Decentralized finance, uses emerging technology to remove third parties and centralized institutions from financial transactions.

4.Deflationary crypto:-Deflationary crypto assets have a default deflation rate hard-coded into the protocol. This rate determines the percentage decrease in the coin's total supply over time. For example, a crypto token can have an annual deflation rate of 2.5%, meaning that the total supply of the currency is reduced by 2.5% per year.

5.DEX Cryptos :-A DEX (decentralized exchange) is a peer-to-peer marketplace where users can trade cryptocurrencies in a non-custodial manner without the need for an intermediary to facilitate the transfer and custody of funds.

6.Derivatives Cryptos:-Crypto derivatives let investors place bets on the price changes of cryptocurrencies without owning the underlying asset. They provide leverage and the opportunity to profit from bullish and bearish market conditions, much like more conventional financial derivatives like options and futures.

7.EVM Cryptos :-The Ethereum Virtual Machine (EVM) is the computation engine for Ethereum that manages the state of the blockchain and enables smart contract functionality.

8.Filesharing Cryptos:-Decentralized file sharing is a way of storing files across multiple nodes in a network rather than on a single centralized server.

Volatility:-> Financial markets are known for their volatility, which means that prices can fluctuate rapidly and unpredictably. This makes it challenging to accurately predict future price movements and can lead to unexpected losses.

Complexity:-> Trading involves understanding various financial instruments, market dynamics, economic indicators, and other factors that influence price movements. The sheer complexity of the financial markets can make it difficult for traders to analyze and interpret information effectively.

Emotional factors:-> Trading decisions are often influenced by emotions such as fear, greed, and impatience. Emotions can cloud judgment and lead to impulsive or irrational trading decisions, which can result in losses. Managing emotions and maintaining discipline is crucial for successful trading.

Information asymmetry:-> Institutional investors and professional traders often have access to more information and resources than individual retail traders. This information advantage can make it challenging for retail traders to compete on a level playing field, as they may not have access to the same market-moving news or research.

Risk management:-> Effective risk management is essential in trading, as losses are inevitable. Traders need to implement risk management strategies such as setting stop-loss orders, diversifying their portfolios, and managing position sizes to protect against excessive losses. Failing to manage risk properly can lead to significant financial setbacks.

Constant learning:-> Financial markets are ever-evolving, and traders need to continuously update their knowledge and skills to stay competitive. Keeping up with market trends, new trading strategies, and regulatory changes requires dedication and ongoing learning.

Market manipulation:-> Financial markets can be susceptible to manipulation, where large players or groups artificially influence prices for their benefit. Manipulative practices can make it difficult for traders to predict and respond to market movements accurately.

Timing and execution:-> Making the right trading decisions is not enough; timing and execution are also critical. Traders need to execute trades at the right moment to maximize profits or minimize losses. However, market conditions can change rapidly, making it challenging to enter or exit positions at desired prices.

It's important to note that while trading can be difficult, it is not impossible to succeed. Many successful traders have developed strategies, risk management techniques, and emotional discipline to navigate the challenges and achieve consistent profitability.

Focus on your strategy and control on you emotion.

#trading #BTC #ETH #crypto2023 #forex

In the world of financial markets, where unpredictability reigns supreme, there are individuals who defy the odds and make their mark with remarkable achievements. Firas Nasr, a name that's been making waves in the forex and crypto trading community, is one such individual whose journey from novice to champion is nothing short of inspiring. Firas Nasr Founder of Stratagem AgencyFiras Nasr's journey into the world of trading began like many others, with a curiosity for financial markets and a desire to explore the possibilities they held. However, what sets him apart is his unwavering dedication, unrelenting work ethic, and an innate ability to adapt and learn from his mistakes.In the early days of his trading career, Nasr faced the same challenges and setbacks that most traders encounter. He experienced both the highs and lows of trading, but instead of letting losses discourage him, he used them as stepping stones to greater success.The Turning Point: Grand Prix Funded Trader Competition in DubaiFiras Nasr's moment in the spotlight came when he decided to participate in the prestigious Grand Prix Funded Trader Competition in Dubai, one of the most competitive and grueling trading contests in the world. This competition pits traders against each other in a high-pressure environment, with real money on the line. Nasr's performance in this contest was nothing short of spectacular.Despite the fierce competition and the pressure of the event, Nasr's trading strategy, backed by meticulous research and analysis, propelled him to the top. He not only navigated the volatile forex and crypto markets with skill but also displayed an incredible knack for risk management.In a thrilling climax, Firas Nasr emerged as the champion of the Grand Prix Funded Trader Competition, earning the respect and admiration of fellow traders and industry experts. His victory was a testament to his dedication, discipline, and his ability to perform under pressure.The Future: Creating a Full-Funded Trader ProgramHaving tasted the sweet taste of victory, Firas Nasr is not content to rest on his laurels. He envisions a future where he can share his knowledge and experience with aspiring traders, helping them unlock their full potential. His ultimate goal is to create a full-funded trader program that empowers individuals to become financially independent through trading.This ambitious project aims to provide aspiring traders with the resources, training, and capital needed to succeed in the world of financial markets. Nasr believes that by nurturing and guiding the next generation of traders, he can contribute to a more inclusive and financially literate society.Firas Nasr Founder of Stratagem AgencyA Trader's Triumph and a Vision for the FutureFiras Nasr's journey from a trading novice to a champion of the Grand Prix Funded Trader Competition in Dubai is a testament to the power of determination and resilience in the world of finance. His accomplishments stand as an inspiration to anyone who aspires to make their mark in the world of trading.As he looks ahead, Firas Nasr's vision of creating a full-funded trader program reflects his commitment to giving back to the trading community. It is a vision built on the belief that with the right guidance and resources, anyone can achieve success in forex and crypto trading.In a world where financial markets continue to evolve and challenge conventional wisdom, individuals like Firas Nasr serve as beacons of hope and proof that with hard work and dedication, even the most ambitious dreams can become a reality. So, keep an eye on Firas Nasr, for his journey is far from over, and his impact on the world of trading is bound to grow even greater in the years to come. #firasnasr #crypto2023 #forex #cryptotrading #Binance