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Illustrated Trading Mastery Guide PDF

The Illustrated Trading Mastery Guide emphasizes the importance of mindset in trading, highlighting that emotions like fear and greed can hinder profitability. It covers key concepts such as candlestick and chart patterns, technical indicators, and the differences between stock and crypto analysis. Additionally, it stresses the necessity of risk management strategies to ensure long-term success in trading.

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99 views2 pages

Illustrated Trading Mastery Guide PDF

The Illustrated Trading Mastery Guide emphasizes the importance of mindset in trading, highlighting that emotions like fear and greed can hinder profitability. It covers key concepts such as candlestick and chart patterns, technical indicators, and the differences between stock and crypto analysis. Additionally, it stresses the necessity of risk management strategies to ensure long-term success in trading.

Uploaded by

dgd978cphv
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

The Illustrated Trading Mastery Guide

Psychology of Trading

Your mindset determines your profitability. Fear, greed, impatience, and ego are your enemies. The best

traders follow rules, stay emotionally detached, and trust their plan.

Candlestick Patterns

Candlestick patterns tell the story of price action. Some important ones:

- Doji: Indecision

- Hammer: Bullish reversal

- Shooting Star: Bearish reversal

- Engulfing: Trend change.

Chart Patterns

Chart patterns reflect market psychology:

- Head & Shoulders: Reversal

- Cup & Handle: Bullish continuation

- Flags: Consolidation before breakout.

Technical Indicators

Indicators help confirm price action:

- RSI: Overbought/Oversold

- MACD: Momentum and trend

- Bollinger Bands: Volatility

- MA: Average price over time.

Fundamental Analysis - Stocks vs Crypto

Stock analysis: Focus on revenue, profit, PE ratio, management.

Crypto analysis: Whitepaper, tokenomics, adoption, community strength.


The Illustrated Trading Mastery Guide

Risk Management

Risk control is survival:

- Never risk more than 2% per trade

- Use stop-loss

- Diversify your portfolio

- Track your trades.

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