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Trading 101

Trading 101: Trend Following Trading – A Strategy Revealed

Posted on July 18th, 2017.

Trend following trading is a concept we have covered previously here on Hacked, and even revealed specific trend following strategies you can use. In this article, I will go through some more specifics on how you can profit from trends with the help of technical indicators. My first introduction to trend trading was through Michael...

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Trading 101

Trading 101: Trading Supply and Demand Zones

Posted on July 1st, 2017.

We have previously covered how to analyze price charts with support and resistance lines in our Trading 101 series. This time, we will take a closer look at a related subject called supply and demand zones. Let’s first start by defining the terms: Supply zone: An area on the chart where there are more sellers than buyers, aka resistance....

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Trading 101

Trading 101: Targets, Stop-Losses, and Position Sizing in Pattern Trading

Posted on June 29th, 2017.

In our previous two articles on chart patterns (Part 1, Part 2), we reached the point where we know what the main types of chart patterns are, how to identify and validate them, while we also placed them in the context of trend and cycle analysis and used them to start constructing a comprehensive trading plan as well. You might say that...

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Trading 101

Trading 101: How to Trade using Momentum

Posted on June 27th, 2017.

Momentum is an interesting concept.  When you relate it to people and those who trade the markets, momentum reflects the change in sentiment and the inertia of the price movements. When things are going well, the good times are rolling and when bad things start to appear, the sky can be falling.  People use the saying, “when it rains it...

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Cryptocurrencies

Trading 101: Utilizing Currency Pairs in Investing and Trading

Posted on June 23rd, 2017.

As we wrote in our previous look at fiat and cryptocurrency pairs, you can benefit from the properties of exchange rates n several ways. No matter if you are primarily a trader or an investor, it’s essential for you to be familiar with some of the simple methods in order to optimise your strategies and maximise your returns. Fiat...

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Blog

Start Practicing Mental Risk Management Now

Posted on June 23rd, 2017.

Risk and money management methods are very easily accessible nowadays. A plethora of different order types for trading and investing purposes, dozens of assets designed just to protect your capital, and excel sheets, programs, and applications that help you in optimising your portfolio are readily available for free or for a very low...

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Trading 101

Trading 101: Introduction to Currency Pairs, Part 1

Posted on June 16th, 2017.

Trading fiat and crypto-currencies involves an awful lot of simple and not so simple technical terms to learn. One of the most basic ones is the term “currency-pair” which comes from the fact that you always compare (and trade) a currency to another when you are talking about the “price” of it. That’s right, there is no such thing as...

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Trading 101

Trading 101: Chart Patterns 2: Building a Trading Plan

Posted on June 12th, 2017.

After taking a look at the most common chart patterns, we will go a step further, and build simple trading strategies based on them. This process has a very important condition—traders should already understand the probabilistic nature of markets. Why? Because chart patterns will only help you if you use them as they supposed to be used;...

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Blog

My Trading Blunders: A Lesson in Overconfidence and Risk Management from 2008

Posted on May 16th, 2017.

The Background This story happened in January 2008 in what proved to be the early days of the biggest financial crisis of our generation (so far). It was also the time of your humble writer’s baby steps in the financial market. Fun fact: my first trading account was opened in September 2007, 10 days before the exact top of the bull...

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Trading 101

Trading 101: 10 Essential Investment Rules For Rookies

Posted on May 13th, 2017.

As you saw in our Trading vs. Investing article, in several ways, value investing is the polar opposite of trading. That said, in other regards, the two different approaches are very close to each other. Following your investment rules with discipline, for example, is as important in investing as it is in trading. In short, objectivity,...

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Analysis

Analysis of Stellar Lumens, Bitcoin, Ethereum, Monero, Litecoin and Ripple

Posted on May 11th, 2017.

Cryptocurrencies ready for a third wave? This is not the time and place for an in-depth lesson on Elliot Wave Theory.  There are numerous websites that offer these lessons freely, and often times the teacher is more astute than I in this art.  If you are a trader, you owe it to yourself to learn this craft, as it is a great tool that is...

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Trading 101

Trading 101: Chart Patterns, Part 1

Posted on May 4th, 2017.

Arguably the most well-known part of technical analysis is the study of chart patterns. Even those not familiar with TA have seen double tops, double bottoms, head and shoulders formations, to name the most famous ones. These patterns are relatively easy to spot and give the illusion that it’s easy to spot a reversal in prices. Although...

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Trading 101

Trading 101: Charting Tools I: Support and Resistance Levels

Posted on April 28th, 2017.

So far, we have been looking at trends and the structure of trends in financial markets that are essential in understanding how asset prices move. We also got a glimpse of the art of charting, the visual representation of prices. Now that you have the basic knowledge, we will give you more tools to tweak your trading, while helping you...

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Trading 101

Trading 101: 10 Essential Trading Rules for Rookies

Posted on April 27th, 2017.

As we already stated, trading is more of an art than an exact science, but still, there are some rules that can help you in being consistently profitable despite the seemingly chaotic environment in financial markets. While some of the commandments below might be treated flexibly in certain cases, as a rookie, it’s best to follow them...

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Trading 101

Trading 101: Trend Analysis with Basic Charting Tools

Posted on April 17th, 2017.

In our previous post dealing with swing trading we laid off the basics off trends in financial markets, and now we are going one step further. Getting to know the simplest charting tools will help you in analyzing trends, refining entries and exits, and building more sophisticated strategies. What’s more, these easy-to-use tools will be...

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Trading 101

Trading 101: Trading vs. Investing

Posted on April 12th, 2017.

A historic debate without a real purpose. Those who deal with financial markets professionally more often than not can be put into one of two categories: Traders and Investors. The main difference in the approach of the two groups is time-frame that they focus on. Traders deal with short-term fluctuations in the market, while investors...

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Trading 101

Trading 101: Trends and a Basic Trend Following Strategy

Posted on April 9th, 2017.

“The Trend is Your Friend” Being one of the oldest, and probably overused, trading axiom, this is all too often overlooked by new traders. Still, if you are using technical analysis – whatever asset you are interested in – the first thing that you should be looking for is the prevailing trend. Why? Because the...

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Trading 101

Trading 101: What Can You Achieve With Trading?

Posted on April 5th, 2017.

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Articles

Trading 101: How To Start Trading?

Posted on March 30th, 2017.