wisepowder's blog
Here are rules followed by a trader who has been investing for ten years:To get more news about WikiFX, you can visit wikifx.com official website.
1. Self-discipline. Traders should always stick to the strategy that suits them best and control their appetites!
2. A small position size. It allows traders to judge the trend and recover their losses once they get wrong. The first trading should sit at a small position and traders should not add it until they take enough profits.
3. Go with the flow in the medium term. Observe patiently for the entry signals and prices.
4. Dont believe in “buy low and sell high”. Prices have nothing to do with determining a trend.
5. Only the market lasts forever. Traders should exit the market when reaching the stop-loss. Admit the failure and learn from it.
6. Look for simple, useful rules, rather than excessively follow others.
There are some words Id like to share with you:
Trade on charts
The chart is a true teacher, which will never lie to you.
Keep learning
To learn is to establish your own strategy so that you are equipped with the skills in managing changes flexibly. In practice, only traders who have lost and are able to learn from failures could succeed.
Put emphasis on the 80/20 rule
It indicates there are 20% of traders making profits while 80% of traders suffering losses. When pursuing goals, many people give up halfway because their efforts do not take effect immediately. However, a long journey as life is, you will make great progress with your efforts as long as you never give up.
Download WikiFX (bit.ly/wikifxIN) to get lessons from experts who have traded forex for over 20 years.
The US Dollar enjoyed a bout of strength to begin the year as EUR/USD endured a pullback toward support. While the brief reversal in price was hard to deny, it can be argued there were few changes in the underlying fundamental landscape to drive such a move. To be sure, a decline in risk appetite and damaged sentiment likely played a role as investors piled into the safety of the Greenback, but with sentiment repaired USD could face renewed pressure.To get more news about WikiFX, you can visit wikifx.com official website.
Further still, the technical EUR/USD landscape looks encouraging.
While recent weakness may have spooked some bulls, it might be viewed as
mere consolidation before a continuation higher by others. To that end,
the series of higher-highs and higher-lows dating back to March remains
intact and EUR/USD trades above a plethora of longer-term moving
averages.
Much of the same can be seen on the daily chart. Trading
narrowly beneath the 50-day moving average, golds recent breakout of
the descending channel may allow it to take aim at overhead resistance.
An imminent MACD crossover beneath the 0 line with price above the 200
exponential moving average lends further bullish evidence.
Initial areas of interest might reside at the January 2021 high near 1.2349 followed by resistance slightly higher around 1.2400. Northward still resides a series of horizontal trendlines that may look to keep price contained so trimming exposure at – or before - these levels might be prudent.
Conversely, the area slightly beneath 1.2000 might serve as an invalidation zone that if price were to breach before pushing higher, could undermine the shorter-term trade setup altogether. Another risk is continued consolidation around the 50-day simple moving average. That said, EUR/USD appears tilted to the topside and IG client sentiment data reveals retail traders remain net-short the currency pair. Since we typically take a contrarian view to crowd sentiment, retail positioning might suggest EUR/USD will climb higher in the days ahead. Follow @PeterHanksFX on Twitter for updates on this pair.
But what the last few decades of research in finance has taught us is that it‘s not so easy to spot financial bubbles, at least not until after they collapse. The very fact that we don’t have “successful” bubbles tells us that our definition of bubbles is backward-looking, excluding once-lofty assets that actually made it.To get more news about WikiFX, you can visit wikifx.com official website.
The Teslas of the world (and the Squares and the Apples and the Nvidias) all have parabolic price rises with valuations that cannot reasonably be justified by our traditional investing tools. Gold has allegedly been a bubble for 6,000 years, making a grand mockery of the meaning of the word. At some point, a “bubbling” new venture turns into something else: a valuable asset.
Where does that leave bitcoin？
BTC is routinely slapped with the B-word and skeptics have called for its imminent death hundreds of times. What goes up, standard reasoning suggests, must come down – especially if we can‘t see an overwhelmingly clear reason for why it should rise. Critics are quick to invoke the South Sea Bubble of 1720 or the Tulip bubble in 1637, but it’s not clear they know enough about our financial past to make those episodes relevant for today.
It‘s easy to see why comparing bitcoin to the South Sea Company’s meteoric rise in the spring and summer of 1720 is so tempting. Here is a chart tracking the price of bitcoin and SSCs stock:Bitcoin closing prices from CoinDesk and SSC stock via the European State Finance Database. Bitcoins closing price on July 25 is indexed to the SSC price of £116,88 on Nov. 7, 1719, so that daily changes in bitcoin prices are comparable to historical movements in SSC stock.(Joakim Book)
While bubbles of the past explode only to later collapse and never to return to their previous glory, bitcoin is known for its “two-steps-forward-one-step-back” moves. If I plot its latest seven-month explosion from around $10,000 to over $50,000 against the relevant time period for the South Sea Companys stock in 1719-1720, we realize what the bitcoin skeptics think they see – an unsustainable bubble waiting to deflate.
But they shouldn‘t be too hasty. Bitcoin of 2021 doesn’t have an entrenched political elite trying to consolidate and make manageable a bloated government debt. If anything, Bitcoin is fighting elites that are trying to oppose it and denounce it every step of the way. While exchanges have been hacked and privacy details leaked, bitcoin insiders haven‘t unscrupulously bribed half the House of Commons with assets sold at below market-price. Bitcoin insiders haven’t – as far as we know – assuaged government officials by giving them fictitious bitcoin in exchange for favorable legislation. This all happened during South Sea mania.
Political insiders haven‘t passed a “Bubble Act” to ban the issuance of other competing schemes to funnel market demand to their preferred asset. Spot trading of bitcoin hasn’t been paused for two months at the height of a price boom to process a dividend the SSC directors haphazardly arranged so a semblance of fundamental value could be had.
New bitcoins are predictably mined and willingly sold in open and relatively transparent markets. In the case of the SSC, the company issued new shares in rounds of higher and higher subscription prices with ever-loftier promises of future riches.
Bitcoins arent purchased on a partially paid payment plan where investors put down 10% or 20% of issuing price with the rest payable in equal installments every three or four months – essentially transforming the stock into a levered derivative product. If anything, bitcoin is purchased with investor equity or with over-collateralized loans.
The Bitcoin network is not extending loans to its “investors” or allowing its directors to lend aggressively on the security of their holdings. While crypto banks today do offer lending services, they are well-capitalized and their loans are made with plenty of collateral. This damps the risk to the overall financial system rather than fueling the fire like the South Sea directors did in the spring and summer of 1720.
The heat-not-burn tobacco products market is poised to grow by $ 22.22 bn during 2020-2024, progressing at a CAGR of over 26% during the forecast period. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis.To get more news about Heat not Burn tobacco products, you can visit hitaste.net official website.
The report on the heat-not-burn tobacco products market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the cost-effectiveness of heat-not-burn tobacco products.
The heat-not-burn tobacco products market analysis includes product segment and geography landscape. This study identifies that as the heat-not-burn tobacco products are relatively safer than conventional cigarettes, it is one of the prime reasons driving the heat-not-burn tobacco products market growth during the next few years.
The launch of World of Warcraft: Shadowlands is being celebrated by none other than the team behind Final Fantasy XIV in a touching and shadowy tribute. Shadowlands is a major expansion to the iconic MMORPG which launches today, following a surprisingly well-received delay so that Blizzard could address bug fixes and general content improvement. Fans have been looking forward to the update for a while now. It's set to expand on Sylvanas's relationship with the mysterious and menacing Jailer and majorly rework the game's leveling system.To get more news about cheap wow gold, you can visit lootwowgold official website.
World of Warcraft has been one of if not the most prominent MMORPG in modern culture for years now, but it's not the only one on the market. Final Fantasy XIV has proven to be an absolute powerhouse, and this despite an initial launch so disastrous that the developers destroyed the entire in-game world and remade it from scratch. Coincidentally, World of Warcraft isn't even the only major MMORPG with a shadow-themed expansion. Last year saw the release of Final Fantasy XIV: Shadowbringers, the RPG's third major expansion. Shadowbringers was widely praised for its deep and complex story and its unique setting, and is generally considered a masterstroke in an already-thriving online game.
Blizzcon happened a little later than usual due to the pandemic, but the first virtual version of Blizzard’s games convention still had some interesting news and trailers. The opening keynote covered most of the big franchises, like World of Warcraft and Diablo, along with some more obscure classics.To get more news about wow classic gold eu, you can visit lootwowgold official website.
The first announcement was one of the most unexpected: three of Blizzard’s more obscure games are being bundled into a new package called the Blizzard Arcade Collection. Lost Vikings, Rock & Roll Racing, and Blackthorne have all been ported to modern platforms, including PC, Xbox One, PS4, and the Nintendo Switch. And they include some handy features, like save states and a virtual museum. The best part? The collection is out now.
If you prefer an older-style of demonic dungeon crawling, Blizzard also officially unveiled Diablo II Resurrected, an HD remaster of the nearly two decade-old game. It’s coming out this year for both PC and console, with versions for the Switch, PS4, PS5, and Xbox Series X and S. It’ll even include cross-progression between console and PC.
For World of Warcraft Classic players, Blizzard revealed that the game’s next big adventure will be the “Burning Crusade.” There’s no word on when exactly it’ll launch, but Blizzard says “the Dark Portal reopens 2021.” For the main game, there’s also a new chapter for the Shadowlands expansion on the way, called “Chains of Domination.”
The Burning Crusade was an instrumental step forward for World of Warcraft, adding many features that would evolve into the current version of WoW players enjoy today. Alongside the new content like more playable races (Blood Elf and Draenei), zones, Dungeons and quests, the expansion included quality-of-life additions that ensured players' time in Azeroth was much more enjoyable. Here's how The Burning Crusade changed Azeroth forever.To get more news about safe wow gold, you can visit lootwowgold official website.
The Burning Crusade was the first expansion for 2004's World of Warcraft. Developed and published by Blizzard Entertainment, the expansion was initially released in 2007. Players will soon be reintroduced to The Burning Crusade when it comes to World of Warcraft Classic later this year.One of the most significant changes The Burning Crusade brought to players was an updated Looking For Group interface. With the original version of the game, there was no interface for players to search for groups of like-minded individuals to tackle content like Dungeons. Players relied on their guilds, friends or the Looking For Group chat channel to undertake group content. This was problematic as the channel was zone-specific, meaning players in a city or nearby zone wouldn't see postings from others trying to rally characters just outside the Dungeon.
Often, this meant the tedious work of forming a group in a major city (where the highest density of players would congregate) and then having the group make its way back to the Dungeon. As a result, content far away from major cities was seldom undertaken to avoid the cross-country trip. It made Warlocks and their ability to create summoning portals very popular. Though some kind of queuing system came in the form of the Meeting Stones found outside of Dungeons, they were rarely utilized.
The Looking For Group interface that The Burning Crusade introduced would act as the progenitor for the more modern iteration of Dungeon Finder and the Raid Finder interface that would follow. It provided a menu that offered a more streamlined experience when trying to create or find a party for Dungeons, allowing players to search for groups without the need to remain in a specific zone and watch a chat channel. Additionally, the Meeting Stones were revamped and allowed players to summon group members to the dungeon location without requiring a Warlock.
width: 0.5-2m,(3',4',1m as standard)
Length:15-100m(30m as standard)
Mesh:1-635mesh
Wire diameter:0.05-1.5mm(normally from 0.25-0.80mm)
Weaving Stype:
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We generally manufacture the stainless steel wire mesh in roll, and pack with water proof paper in side and weave bag outside; or in carton, wooden box, pallet, or according to customer's special requirement.
Lay a drape flat on a stable surface.
2
Measure down 1 1/2 inches from the top of the drape with a see-through ruler and make a pencil mark on the surface of the fabric. Measure the diameter of the snap-in metal grommets. Make a second pencil mark one-half the grommet diameter down from the 1 1/2-inch mark. Note the total dimension from the top of the curtain to the center mark of the snap-in grommet.
3
Unroll a length of grommet tape. Align one end of the tape with one side of the drape. Pull the tape across the drape and place a vertical -- perpendicular to the top edge of the drape -- pencil mark at the center of each hole in the tape representing a grommet location. This will eliminate the guesswork involved with locating the correct number of grommets for drapes of different widths. Remove the grommet tape.
4
Measure down from the top of the drape at each vertical pencil mark. Place a pencil mark at the dimension you noted from the top of the drape to the center of the grommet. The pencil marks need to cross to show the center of the grommet both vertically and horizontally.
5
Align the center of the template -- supplied with the snap-in grommets -- with the intersection of the two pencil marks. Run the tip of the pencil around the circle section of the template to mark the cutout on the fabric. Mark each location.
6
Open a pair of scissors. Stab a scissor blade through the center a template outline. Cut toward the traced line. Follow the line with the scissors to remove the fabric from the area within the marked circle.
7
Align one-half of a metal snap-in grommet with the cutout. Push the other half of the grommet firmly against the first half until both pieces snap together. Cut out and install the remaining grommets on the drape.
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