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601  Economy / Economics / Re: A True Leader With Economic Vision. on: January 22, 2023, 07:57:45 AM
A leader will not stop you from gambling, smoking or womanizing because those are character or habit only you choose by yourself and will stop it in due time. What a leader can do in this regard is to put measures that will make it difficult for the person to exhibit those habits freely. Such measures include to monitor the environment with the security etc and if he is able to do this, the people can be more productive and contribute to the economic vision of the country.
602  Economy / Trading Discussion / Re: Which indicators you use? on: January 21, 2023, 10:11:11 PM
I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.
It's good to know that you use the above indicators, but you did not let us know how productive they have been for your trading so far. Well, I see those indicators as the basis that should rather be used in addition to some more qualified trading tools/systems. If I would advise further, while not trying one or two of the indicators with price action, trendline and Fibonacci strategy? You might be surprised about the outcome provided you used them rightly.

@ EarnOnVictor these indicators that you mentioned all work in same way. In fact they are looking like indicators that I can say are biased because they are drawn with human factor and emotions. They are not like original defunct indicators on the platform. Fibonacci and trebdlines for example are based by your personal believe that form your opinion of where exactly  they will start operating.
603  Economy / Economics / Re: Rich Mindset vs Poor Mindset : 6 key differences on: January 21, 2023, 04:46:11 PM
We all can be rich but what tied us to being poor is our mentality, we need to change our way of thinking and reasoning and get new orientation to position us the normal way we should think and live our lives, we are not expected to feel inferior with the way of our life, we must be courageous and remained determined for success no matter the price required, it's what will change our lives for a better tomorrow if we set the mindset right on a good positioning to work in our favour in whatsoever thing we do in life
Changing mentality is also not that easy because various factors, especially environmental factors, seem to really influence it,
when we are in an environment that is always supportive and continues to work hard that is where our mentality will be formed,
all of that requires process and sacrifice.

Our mentality is also a function of our environment , so a good environment that is good for learning and reading will help to shape the knowledge and orientation of someone. Also there is a role that parents play to shaping of the mentality of the young person. Putting the young person in the direction of education, exposure, character formulation , teaching of financial freedom help to go a long way in how they can easily find support like loans to reach their financial destination.
604  Economy / Speculation / Re: Each time you see a red candle! on: January 21, 2023, 03:16:03 PM
Whenever a red candle appears on the market, I will get ready with my order right away so I don't miss the moment to buy. Sometimes, I do nothing and just watch how far the red candle goes and don't open a buy order because my analysis says the price will fall even deeper. But if you are buying bitcoins to invest, I think you should just buy bitcoins at a low price and hold them. And when there's another low, you can either buy again or wait a bit to make sure it's the low for the day. Don't be scared if you see a red candle because it's not necessarily a very deep decline and could be a small correction before it starts to increase.

Let us get this straight. What does a candlestick colour have to do with the candle direct haha nothing of course. If you set your candlestick in red it is not significant to where the price is going. We have the setting where you can adjust your colours and nothing will happen depending on the colour. So you have to learn this very well and stop making such mistakes. The colour of a candlestick doesn't affect the direction where it is moving to.
605  Economy / Economics / Re: how to overcome inflation for the community on: January 21, 2023, 02:10:47 PM

3. Looking for additional income


This point is what I think best for inflation challenges. With inflation, a family household need to look for additional ways to generate money to add to what they already have because the value of money is usually reduced in purchase made. Another point is that both parents will have to work for it. The challenges will not be left for the man alone to take care of, if that happens the family will suffer with the rise of inflation all over the country.
606  Economy / Trading Discussion / Re: Two Types Of Traders - My Personal Classification on: January 20, 2023, 09:51:43 PM

Trading is good and profitable, but if you are not aware of what you are doing, then better just stay away from trading.

Of course being aware of what you are doing is to understand that you don't need to trade like game and relying on guess work. Trading is more practical than theory which is mainly reading of trading processes but you actually need to trade physically to ensure you feel the experience of live trading which is more of emotional than having demo trading.
607  Economy / Trading Discussion / Re: Trading is risky, be conscious on: January 20, 2023, 03:53:38 PM

What would be your advice for those wanting to trade as a newbie?

If you don't have passion to trade then don't go for it. Don't expect trading to be all about the money but something that you enjoy doing. Anything you enjoy doing doesn't really frustrating you when the outcome is not favourable to you. This is to tell the newbie that trading is not easy, it involves you to learn the skill and have your strategy that you will always rely on to win. If the strategy is not working it is your passion that you drive you into finding a working strategy and with time you start having success story.
608  Economy / Trading Discussion / Re: Two Types Of Traders - My Personal Classification on: January 20, 2023, 02:52:45 PM
Based on the terms of OP, I want to simply say that it is blind trader that will give rise to awakened trader. It is the state of blindness that will make you want to wake up from your mistakes. A scenario of a blind person seeking for sight is handy here. If you are blind, you will wish that you get sight so we won't leave out passion here. Your passion is a contributing factor that will keep you going but if you lack passion then a blind trader will one day give up just like every other endeavour in life.
609  Economy / Speculation / Re: Each time you see a red candle! on: January 19, 2023, 03:54:17 PM

In trading, it is always safe to just buy when the candle is red or

How do you mean candle is red? I think this is funny. You can adjust the setting of your indicators likewise the colours just like you can change colours of your letters to any colour you want. Candle colours can be changed to the colour you prefer and that doesn't mean anything. You can have your candlestick colours change to any of the colours you want, it is just the colour and nothing more to it.
610  Economy / Trading Discussion / Re: What are your thoughts on revenge trading? on: January 19, 2023, 02:59:46 PM

Revenge gambling mostly comes when one begins chasing their losses and that is one thing I barely do, not lately anymore and it really helped.

Inexperienced traders are those who still practice revenge trading. It is better to let lost money go and focus on the future and that is why the chart is analysed for the future happening. Go to the market fresh after every closed trade and not to feel that you want to get back what was lost, you are going to allow your emotions decide what you should do instead of having a good grasp of the market analysis.
611  Economy / Trading Discussion / Re: Hello i want to make traders dream come true on: January 18, 2023, 09:31:48 PM
You can start the trading with the minimum deposits of 10$ and inverse in some small projects and learn the trading.

This is laughable you may not encourage someone to start trading with such amount of money because it is too small and the market will swallow it up as soon as possible but if a trader want to throw it to the market as a way of learning like demo trading with real money to know how it feels with real money, then it would be wise.
612  Economy / Trading Discussion / Re: Which indicators you use? on: January 18, 2023, 08:26:37 PM

Well then I'm doing something wrong since I'm doing okey not great with day trading. I keep doing it for quite some time now and still it's not easy...

Don't trade like you are gambling. It is a very serious business and career that if you understand and do it well, your future is guaranteed. Trade with analysis, get a jotter or book to relearn yourself, write things down and study important things. Also check your better trades that you have made profit in and compare your note to the times you have lost out. Always apply stop loss to your trade and you can reduce your losses that way.
613  Economy / Trading Discussion / Re: Which indicators you use? on: January 18, 2023, 11:56:47 AM

Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.

Candlestick don't look simple for newbies and those that are still confused about it. Experienced traders can say so but not new traders because it can also confused the trader at high volatility time. Also, it is good when analysed using a longer time like daily, weekly and monthly.
614  Economy / Trading Discussion / Re: Which indicators you use? on: January 17, 2023, 10:03:02 PM
The indicators you mentioned are not really far from what others use and no indicator that is perfect because from time to time they also have some failure attributed to them especially when a trend is formed and volatility. What the difference is, you can look at your trading style and adjust it like your risk that you take. Reduce your risk, don't stay in the market all the time, use stop loss also.
615  Economy / Trading Discussion / Re: How Visible is your trading plan on: January 17, 2023, 09:26:16 PM

Sometimes trading from our instinct come with so much emtions attached and we might want the market to do what we expect and not what it wants to do.


Never to trade by instinct because it is dangerous to do that especially if you are not experienced. A newbie don't have what it takes to trade with instinct because if you do that along the way in the trade you may have a volatility that will push you off balance into loss and you may quickly close the order out of fear as you don't know what to do next while if you were trading with strategy and plan you can understand if the move is a reversal or continuation. It is wiser to trade with plan than instinct if you are not an experienced trader.
616  Economy / Trading Discussion / Re: Newbie - need your advice after first trades (image joined) thnk you in advance on: January 17, 2023, 05:09:58 PM
So you only make $0.51 from 6-7 days with initial deposit $26?

I think it is better to sustain a capital than to lose it no matter the days or months of trade. There is something the sustainability and not losing part of our capital does to a trader and that is confidence. If you keep losing your balance , that will bring uncertainty, anxiety and fear in your trade and you will keep making wrong trade decision. If you sustain your capital after trying then you can learn more from what you have done better that has made you sustain your money and you continue with confidence.

OP you didn't made attractive returns and if you mean low risk trading then you shouldn't trade at all in one week time frame unless the market spiked 10% or higher, fortunately there was a considerable rise but even with holding you should made more than what you said.

With such low capital and low risk trading you can't make any real changes so wither go for altcoin trade and if you got lucky there will be 10x profits or it will down to zero.

Just like I have said, it is better making little profit, sustaining it than losing your money just as soon as you started trading. You can learn from that.
617  Economy / Economics / Re: These Are the Top 10 Most Profitable Side Hustles in 2023 on: January 15, 2023, 05:40:02 PM
Are drivers really side or hustle? I think most places it is full time jobs but I agree that it is profitable depending on the type of motor they drive. Company drivers in big buses and trucks are really paid well because it requires more stress than just driving the CEOS or other executives. But I do not agree that it should be considered as side hustle. It is even a professional job because any driver can't just drive any truck, caterpillars etc.
618  Economy / Economics / Re: My investments ahead of the 2024 halving 100% Bitcoin on: January 15, 2023, 02:09:53 PM

That's much better than those that have 99% of altcoins thinking that all of them will fly high when the bull run comes.


You can be lucky and if you get a cheap coins that has utility then you will have more gains but if you don't, you go into losses and regret.


Yes, many of them will but we don't know if those altcoins that are part of their portfolios will also go up.


Altcoins bull is selective and not general, so you can only be lucky if the ones you have are joining the bull. Investment in altcoins is riskier except that you invest in altcoins with value.


You'll never skip the bull run if you have it because the entire market is going after bitcoin's move.

This is certainly so that the bull season is all about bitcoin and whoever hodls bitcoin then is at advantage more than those with some altcoins because some altcoins will not bull even if bitcoin is increasing. Therefore, bitcoin investment is the best in cryptocurrency.
619  Economy / Speculation / Re: January bitcoin price out look on: January 14, 2023, 09:22:05 PM

Agree with you, it's still too big but still possible to see bitcoin to $20k or even $21k in the next few days or maybe even until the end of january.
The initial resistance was at $21k and now they have managed to pass their previous resistance at $19k hopefully the upside continues.
But indeed for $ 25k this is still too big I think for now. Maybe it still can but not for now.

From the chart, the price of bitcoin is looking like it has consolidated the standpoint of 17k because right now the price is selling in the numbers of 18k and this is indicating the upward trend that is getting ready to hit the market. I won't be surprised if that bull begin to happen this time, we have to remember that the whales and installational traders are hodling greater number of coins and this can change the dynamics of bitcoin investment which is one thing that drives the market.
620  Economy / Economics / Re: Does a side job/business improve your finanical stability ? on: January 14, 2023, 04:52:53 PM
Stable finance in today's world is looking like something that will not happen to alot of people in the world with the economic problems all over the world. Majority of the people feed lower in nutrition because of better life is becoming farther, people hardly have jobs than to look for side jobs. Some side jobs have been converted to main jobs because of job loss and this can explain the point that alternative jobs are growing in homes. A family that depends on a source of living is definitely into more hard times so I think having another source of income can help but not sufficient with inflation.
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