Stop me if you’ve heard this one before: “It’s overbought! The RSI is too high!”
Guess that means it’s time to sell, huh? One problem — a position can stay “overbought” or “oversold” and leave you in the dust..
“I’ve had several conversations this week with subscribers about minimizing risk. Most believe that the job of a trader is to win trades and make money. However, the real goal is to not lose it all.”
“The question now is whether tech and growth stocks, having lost so much ground, are in position to recover. There are some signs to think we are the beginning of another bull market.”
“Ever glance at a chart and immediately move on?
I used to do it all the time…
But I learned my lesson early on in my trading career when I saw those same charts go parabolic hours later.
What was I missing?”
“All investors and traders, whether institutional or retail, are asking the same questions. ‘Has the market bottomed out, and is this time to go long?'”
“The decision to cut Russia out of the world economy has led to a catastrophe for Western countries, especially in Europe. Cutting China out of the world economy is probably impossible. Whatever actions are done will cause enough harm on their own. The question is which diplomatic bloc can tolerate it – but pain is on the way.”
| Name | Price | 24H (%) |
|---|---|---|
Bitcoin
(BTC)
| $23,871.00
| 3.10% |
Ethereum
(ETH)
| $1,782.78
| 5.30% |
Tether
(USDT)
| $1.00
| -0.02% |
BNB
(BNB)
| $324.25
| 0.30% |
XRP
(XRP)
| $0.379175
| 1.76% |
Ethereum Classic
(ETC)
| $38.46
| 1.86% |
Litecoin
(LTC)
| $62.66
| 2.50% |
Monero
(XMR)
| $166.54
| 0.32% |
Bitcoin Cash
(BCH)
| $143.62
| 1.00% |
Tezos
(XTZ)
| $1.89
| 0.14% |
EOS
(EOS)
| $1.25
| 1.50% |
Bitcoin SV
(BSV)
| $62.62
| 0.84% |
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