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Forex Trading Strategies Reddit: What you need to know to start Forex trading.

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

FOREX Strategies

What are FOREX Strategies?
https://preview.redd.it/ihmphstzguv51.jpg?width=960&format=pjpg&auto=webp&s=81f6b73c367d8695605514f8d32aaf3e2aeabc6e
You may have noticed that most of people confuse the terminology and refer to FOREX Strategies in the wrong way. There are methodologies, systems, strategies, and techniques. The most effective methodology is Price Language (Trend Tracking). Combined with a correct reading of mass psychology presented by the charts.
We know that in the Stock Markets there are thousands of strategies. FOREX, like the rest of the markets, presents you with the opportunity to apply similar strategies to win consistently. Taking advantage of repetitive psychological patterns.
First, the Price Language methodology has created great fortunes in FOREX, and the next fortune may be yours. But this methodology must be implemented within a framework of advanced concepts of Markets. Without forgetting the basics. And working hard day by day.
Second, a strategy is a set of parameters and techniques that together give you the advantage to act in any situation. Thus for example in war, generals have attack strategies and counterattack strategies.
FOREX strategies alike are entry strategies and exit strategies. All beginners should know these FOREX strategies for beginners. That way you will get a general idea of ​​the game and understand that trading is a war against the Market and its Specialists. Only applying FOREX strategies revealed by the same Specialists and using their own techniques,
... you can survive in this war.
Do not fall into the trap of the many "systems" and "methods" that are offered on the internet about operating in the FOREX Market. They just don't work in the long run. They are strategies based on indicators for the most part. Using rigid parameters. That if they can work and give profitability during a certain period of time, they will always reach a breaking point when the market changes its dynamics.
Instead, take advantage of your precious time and learn the Language of Price or Price Action.
The Language methodology will allow you to adapt to each new phase of the Market. If you combine this knowledge with the appropriate psychological concepts, you can live comfortably from speculation in FOREX.

Forex Trading Strategies Reddit - Basic FOREX Strategies

You have two basic FOREX strategies, one entry, and one exit. Both follow a general strategy that helps you capitalize on the collective behaviors of the Market. That is, of the total of participating speculators.
This behavior causes the formation of cycles that repeat over and over again. Driven by the basic emotions (uncertainty, greed, and panic) of the speculators involved that can be taken advantage of with the aforementioned FOREX strategies. Specialists identify these emotions in the order flow and capitalize on these events every hour, every day, and every month.
Basic FOREX Strategies - The Price Cycle
These repetitive cycles consist of 4 phases:
  1. Accumulation
  2. Upward trend
  3. Distribution
  4. Downward trend
https://preview.redd.it/6dvk2w0pduv51.png?width=300&format=png&auto=webp&s=a3ab65ca4eab6d20174b3327b862d8b59dcc13b7
The two trends can be easily identified by their notorious breakdown. And the two areas of uncertainty (accumulation and distribution), due to their notorious range trajectories.
This general behavior determines the core of our FOREX strategies.
You buy when the price of a pair has broken and has come out of one of its congestion formations (accumulation or distribution). You implement one of the Forex strategies, in this case, the entry one.
The multi-time technique will help you find the point of least risk when entering your initial buy or sell order. In the same way and using the same strategy but this time to close your position, the multiple timing technique will also show you how to close your operation obtaining the highest possible profit.
The most consistent way to extract profits in the market is by trading the start of trends within a cycle . Once confirmed by their respective breaks from the areas of uncertainty. This is the mother of all FOREX strategies . And in a market that operates 24 hours, we have more frequent cycles and therefore more opportunities.

Forex Trading Strategies Reddit - Advanced Forex Strategies

There are many advanced FOREX strategies that are generally used by professional speculators working for large financial firms.
Among these firms are banks, Investment Fund managers and Hedge Fund managers. The latter is an investment modality similar to Investment Funds, with the difference that Hedge Funds use more complex investment strategies. Its operations are more oriented to aggressive speculations in the short and medium-term.
Among the most common strategies is hedging (hedging), carry trade, automated systems based on quantum mathematics. And a large number of combinations between the different option strategies.

The Carry Trade

The central idea of ​​Carry Trade is to buy a pair in which the base currency has a considerably higher interest rate than the quoted currency. To earn the difference in rates regardless of whether the price of the pair rises or falls.
Suppose we buy a $ 100,000 lot of AUDJPY, which according to the rates on the chart would turn out to be the ideal instrument in this example to use the Forex carry trade strategy.
As our capital is in US dollars we have to assume for our example, the following quotes necessary to perform the place calculations:
AUD / JPY = 80.00 USD / JPY = 85.00
What happens internally in your broker is this.
  1. By placing as collateral $ 1,000 of your $ 50,000 of capital (assumed for this example), deposited in your account, you have access to $ 100,000 virtual (this is what is known as leverage); that is, you put in $ 1,000 and your broker lends you 99,000.
  2. With those $ 100,000 virtual dollars, your broker borrows on your behalf ¥ 8,500,000 Japanese yen (85 × 100,000) at 0.1% annual interest from a Japanese bank.
  3. With those ¥ 8,500,000 Japanese yen, your broker buys A $ 106,250 Australian dollars (8,500,000 / 80) and deposits it in an Australian bank where it receives 4.5% annual interest on your behalf.
  4. One year later (and regardless of the profit or loss generated by the pair's movement), your profit will be the difference between the AUD rate and the JPY rate, that is:
Profit = (AUD rate) - (JPY rate) - (costs of the 2 currency exchanges) Profit = (4.5%) - (0.1%) - (0.1% to 1%)
The great advantage of carry trade FOREX strategies is that this percentage profit is applied to the $ 100,000 of the standard lot; the broker transfers all of the profit to you, even if you only contributed $ 1,000. On the other hand, if you carry out the inverse of this operation, this benefit of the Forex carry trade becomes a cost (swap), and you assume it completely.
Remember that FOREX carry trade strategies are recommended for pairs with considerable interest rate differences, such as the one we have just seen in our example.
These FOREX strategies should also not be used in isolation. The idea is that through technical analysis you identify when would be the ideal time to enter the market using your carry trade Forex strategy and multiply your profits considerably.

What FOREX Strategies Do Hedge Funds Use?

The FOREX strategies used by large fund managers do not constitute an advantage in terms of percentage results for them, nor do they constitute a competitive disadvantage for you.
The vast majority of them fail because of their big egos. In fact, there was a firm made up of great financial geniuses, including 2 winners of the Nobel Prize in Economics, who developed a strategy based on quantum mathematical calculations.
With an initial base capital of about 3 billion dollars, and after 3 successful years obtaining annual returns of over 40%, the firm Long-Term Capital Management, begins its fourth year with losses. To counteract these losses the geniuses decide to multiply the initial capital several times, while the losses continued.
The year closed with the bankruptcy of the fund, and with a total accumulated loss of 1 trillion dollars, due to the great leverage used. And all for not admitting that the FOREX Strategies of Long Term Capital Management were not in line with the dynamics of the Market.
There are an overwhelming number of opportunities in the stock markets to make money interpreting the Language of Price.
You don't need to use complex "advanced" strategies that have been created to handle hundreds or billions of dollars.
The reasons for using these FOREX strategies are very different from what a "retail trader" pursues with his small speculation business.
As you can see, you should not worry about wanting to integrate any of these advanced strategies into your arsenal. They are only beneficial for managing hundreds or billions of dollars, where the return parameters are very different when you handle small amounts of capital.
Do not worry about collecting hundreds of free FOREX strategies that circulate on the internet, that great accumulation of mediocre information will only serve to confuse you and waste your valuable time.
Spend that time learning Price Action,
… And you will always be one step behind the Specialists, identifying each new Market condition, and anticipating the vast majority of reversals of all prices.
Ironically, the most successful fund managers indicate that their most profitable trades are those based on the basic trend-following strategies of the Price Language. The same ones that you will learn in this Free Course.
Dedicate yourself to perfecting them and believe me you won't need anything else. As long as you have good risk management, taking into consideration the following points ...

Styles of Investments in FOREX

The Investment FOREX long term is not recommended for small investors like you and me. If we take into account the term investing literally as large investors do who buy a financial product today to sell it years later.
We both have a better niche in the short and medium-term.
You may have noticed that the big multi-year trends in the Forex Market do exist. But minor swings within a big trend are usually very wide.
These minor movements allow us to easily double and triple the annual return of the big general trend, motivating most traders to speculate in the short and medium-term.
These minor oscillations or trends that occur within the large multi-year trends owe their occurrence mainly to two reasons.
First, the FOREX Market presents 3 sessions a day each in different cities of the world with different time zones (Asia, Europe, and America). This causes more frequent trend changes than in the rest of the stock markets.
Second, the purpose for which it was created also plays a role. The modern Foreign Exchange Market, since its inception in 1972, was conceived by the global financial system as a tool for speculation. To obtain benefits in the short and medium-term (from several days to 1 year).
These two points are basically the reasons why we observe the immense speed with which the FOREX market changes trends.
For example, for those who live in America, in the early morning (Europe) the EURUSD pair may be on the rise, in the morning or afternoon (America) it may be down, and then finally at night (Asia) it may return to the rise.

Define your Own Style for your FOREX Investments

One of the first decisions you will have to make is to choose your style as a trader or investor.
There are 4 types of well-defined styles.
Most professional traders tend to have multiple styles, although they always identify with one primary style for their FOREX investments. Study the characteristics of the 4 main styles to make your investments in FOREX :
1. Long Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per month to their investments in Forex. The period of an open position ranges from 1 year to 5 years.
2. Medium Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per week to their investments in Forex. The period of an open position ranges from 1 month to 1 year.
3. Short Term: recommended for anyone who is going to enter the market for the first time, or who already has a certain time operating in the long and medium-term, showing constant profits, and who can dedicate a minimum of one hour per day to your investments in FOREX. The period of an open position ranges from 1 day to 1 month.
4. Intraday : recommended only for people with a fairly solid earnings record in the short term, and with a capital greater than $ 50,000. As we have noted, this option constitutes a full-time job.
People who start investing in FOREX , should start executing short-term (weeks) and medium-term (months) transactions only, and not pay attention to intraday oscillations (day trading).
If you are interested in being an intraday speculator, I recommend that you first exhaust at least a year doing operations in the short and medium-term to assimilate the correct strategies and to develop the necessary mentality to carry out this work.
The second option would be to participate in some kind of intensive training.
I remind you that self-educating is almost impossible in speculation. You are likely to accumulate a lot of knowledge by reading books and attending courses. But you will probably never learn to make money with all the incomplete "systems" circulating on the internet.

Mistakes to Avoid When Looking for Your Style

Many people who are new to FOREX investments make the mistake of combining these styles, which is a key to failure.
I recommend that if you are not getting the results you expected by adopting one of these styles, do not try to change it. The problem sure is not in the style, but in your strategies or in your psychology.
A successful investor is able to make a profit in any longer trading time than he is used to. I explain. If you are already a profitable operator in the short term, it is very likely that you will also be profitable in the medium and long term,
… As long as you can interpret the Language of Price or Price Action.
In the opposite case, the same would not happen. If you were a medium-term trader, you would need time to adjust to the intraday. The reality is that long, medium and short term traders have very similar personalities. The intraday trader is completely different.

The Myth of the Intraday in Investments in FOREX

If you are already successful in the short, medium and long term, you will notice that the sacrifice and the hours necessary in front of the computer to operate intraday is much greater. The intraday style will be useful to increase your account if it is less than USD $ 100,000 in a very short time in exchange for 8 to 12 hours a day of hard work but ...
You must first develop the necessary skills to operate the intraday.
The ideal is to combine all the styles to get more out of the Market and carry out more effective transactions and have a diversification in your investments in FOREX.
There are intraday traders that are very successful, but the reality is that there are very few in the world that make a profit year after year. If you want to become an intraday, you just have to prepare yourself properly through intensive training.
Otherwise, I recommend that you don't even think about educating yourself to adopt the intraday style. It is not necessary to go against a probability of failure greater than 99%. Unless
... your ego is greater than your common sense.
The main reason why this style of investments in FOREX is not recommended for the vast majority of us "retail investors" (the official term "retail traders"), is the high operational cost.
The real commissions in this market range between $ 2.0 and $ 2.50 for each lot of 100,000 virtual units. This means that a complete operation (opening and closing) is approximately $ 5.00, for each standard lot traded ($ 100,000 virtual).
Another fundamental reason is the advent of robotic traders (HFT = High-Frequency Trading), which tend to manipulate the market in the shorter intraday swings. Please do not confuse HFTs with automated systems that we find daily on the internet, and that can be purchased for a few hundred dollars and often for free on FOREX forums / groups.
These HFTs to which I refer, they are effective. They cost millions of dollars and have been developed by the large Wall Street financial firms to manage their investments in FOREX.
The reality of the intraday trader is that you execute orders for large lots at the same time, to profit from the smallest movements in the market. It is an activity based on reflexes. The slightest oversight or distraction can turn into a catastrophe for your FOREX investments.
I recommend that you start investing in FOREX using slow time periods such as H4 or Daily. For some reason, all Goldman Sachs intraday FOREX investments are made with algorithms.

Finally…

To choose your style as a trader and manage your investments in FOREX, first determine what your degree of experience is, analyze the points mentioned below and the rest you will discover when you execute your first operations.
The points that will affect your decision are:
  • Capital
  • Time available each day
  • Level of Experience
  • Personality
Discovering your style is a search process. For some it will be a long way to find the right time frame that matches their personality. Don't be put off by the falls. After all, those who continue the path despite the falls are the ones who reach the destination.
And I hope you are one of those who get up over and over again. The next lesson will boost your confidence when you discover the main reason that moves currencies ...

Fundamental Analysis in Forex Trading Reddit

The fundamental analysis in Forex is used mostly by long-term investors. Players as we saw in the styles of operators, start a negotiation today, to close it years later.
I always emphasize the importance that the mass media give to this type of analysis to distract the great mass of participants.
It is all part of a great mass psychological manipulation. For centuries the ignorance of the masses has been organized before the great movements begin.
The important news are the macroeconomic reports published by the Central Banks and other government agencies destined for this work. All reports are made up. 99% of them are corrected months later.
These events are tools to justify fundamental analysis and price cleaning movements. Any silly headline does the job. With this, it is possible to absorb most of the existing liquidity, before the new trend phase is projected.

Reaction!

Except in rare situations, the result of an economic report of the fundamental analysis is generally already assimilated in the graph. In most cases, there are financial institutions that already have access to this information and are organizing and carrying out their operations in advance.
The phrase buy the rumor and sell the news is a very old adage on Wall Street. And its meaning contains what we have just explained. For the investor who can interpret the Language of Price, fundamental analysis is of little importance. Well, in general, their disclosure does not indicate that you have to take any action in your open trades , as long as your entry strategy provides you with a good support cushion.
This reality of fundamental analysis causes a lot of confusion for investors who lack in-depth knowledge of the forex market.

Macroeconomic Data

The data published in these events is irrelevant. Both for speculators and for the people in general. They are false. They lack reliability.
The price can go up or down with the same result of the data. The main ones are:
- Interest Rates - GDP (gross domestic product) - CPI (inflation) - ISM (manufacturing index) - NFP (payroll) - Double Deficits (deficit = fiscal + balance of payments)
If you are initiated, I recommend you avoid operating near these events. It is only a matter of having the time pending. Use the economic calendar for Fundamental Analysis of Forex Factory.
There is a probabilistic advantage in operating these fundamental analysis events. But it takes preparation, experience, and practice. They represent a way of diversifying in the general operation of a speculator.

The Uncertainty of Fundamental Analysis

On many occasions after the disclosure of an economic report, the price movement of the currency pair that is going to be affected tends to move in the opposite direction to the logic of the report.
I show you an example of a fundamental analysis report. Imagine that the EUR / USD pair is trading at 1.2500, and the FED (US Federal Reserve) issues a statement announcing that it has just raised inter-bank interest rates from 0.25 points to 0.75 points. Very positive news for the US dollar that logically implies an appreciation of the currency and consequently an instantaneous collapse of the EUR / USD pair (up the dollar and down the euro)
However, minutes after the release of said fundamental analysis report, the pair after effectively collapsing to 1.2400, returns and returns to its levels prior to the report (1.2500). This situation is very common , but it is not so easy to identify it when it is occurring, but after the damage is done.
Traps like these devour the accounts of beginners who approach the market with little experience, with weak strategies, and especially with very little experience.
That is why I reiterate that you forget the fundamental analysis for now. Just keep in mind when operating, that there is no publication scheduled nearby. Just check the economic calendar for the day and forget about the numbers. Let the economists mess around with the data.

FOREX Market Correlation

The Forex market correlation exists between pairs with similar "base" currencies and not always under the same circumstances. The correlation in the Forex market that is most followed and that has the greatest impact on fundamental analysis is that of the US dollar (USD).
The USD is the most traded monetary unit with a volume greater than 80% with respect to the rest of the currencies. This fact determines why their correlation is the most important, the most followed, and perhaps the only one worth following in the fundamental macro analysis.
The 7 major pairs are usually in sync . These 7 pairs all include the USD and present a fundamental analysis correlation almost 75% of the time. Influencing the rest of the currency pairs.

Advantages of the FOREX Market Correlation

In the fundamental analysis the most basic FOREX correlation is the following. When the USD appreciates, the USD / CAD, USD / CHF, and USD / JPY pairs tend to go up in price. This indicates that the Canadian dollar (CAD), the Swiss franc (CHF), and the Japanese yen (JPY) are losing value against the USD.
We must bear in mind that this correlation does not occur 100% of the time. In fact, the JPY generally tends to move in the opposite direction , since in recent decades this currency has been used as a source of financing to invest in other financial instruments.
On the other side is the FOREX market correlation that generates a movement almost in unison in the other 4 major pairs EUR / USD, GBP / USD, AUD / USD, and NZD / USD. These tend to fall in price, homologous the appreciation of the USD. But not always.
In this case the fundamental analysis correlation works most of the time, between 65 and 85% of the time. Small differences are noted in the extent that each of these pairs experiences.
There is also a correlation in the secondary FOREX market, where the pairs of all currencies that do not include the USD participate, but I recommend you not to waste time on them for now. There are more important things about the Language of Price to know first.

FOREX Commodity Correlation

In this part I will explain to you in a basic way the Correlation Commodities - FOREX of the fundamental analysis.
There are three currencies that have a direct correlation with commodities. They are usually called: "COMDOLLS" which is short for "Commodities Dollars" (Commodities Dollars), since all three obey the dollar denomination. These are:
- The New Zealand Dollar (NZD) - The Australian Dollar (AUD) - The Canadian Dollar (CAD)
These three currencies make up the group of the 8 largest together with the euro, the pound, the yen, the franc and the US dollar. Together, they merge to produce the major pairs traded in the FOREX Foreign Exchange Market.
The FOREX Commodity Correlation has an affinity in most cases greater than 75%. And each of them has its different raw material of correlation. You will notice that the NZD and the AUD are two currencies that act practically in unison. Both present minimal discrepancies in their fluctuations in the short, medium and long term.
This is mainly because their economies are very similar and their economic and fiscal policies are too. Their main production items also show great similarities, despite the fact that the Australian economy is much larger than the New Zealand economy.
The raw materials that follow the movement of the AUD are mainly gold and copper. If you put the history of these three quotes during the last decade of the year 2,000 together on the same chart, you will notice a very similar upward movement between the three quotes. Pure correlation of fundamental analysis.
This strong correlation with commodities in the metals area for the AUD has provided Australia with an economic advantage enviable over the other major powers that have seen their currencies devalue sharply against the AUD. At the same time, they experience a constant decrease in the purchasing power of their citizens.
The NZD maintains a correlation with raw materials related to agriculture and livestock, mainly including milk and its derivatives. It is one of the countries that dominates the world export of these economic items, and also has important exports of metals , although in smaller quantities than Australia.
Finally, you have a correlation with raw materials in the energy area. For historical reasons the CAD, which is not the largest oil producer in the world, but an important supplier to the largest consumer that is the US, has seen its currency oscillate in line with oil prices.
To make long-term investments in the Foreign Exchange Market, it is necessary to take into consideration at least one Commodity Correlation - FOREX in your fundamental analysis.

Forex Technical Analysis Reddit

The technical analysis is the methodology that interprets the movements of the price. Specialists look for liquidity to fund their business. The repetition of the strategies used by the specialists in their work generate repetitive patterns.
If you were an analyst, you would develop the visual ability to identify such patterns on a graph. If you were a programmer you would quantify them mathematically using complex formulas.
And if you could learn to interpret the Language of Price, you would have the ability to anticipate 90% of all movements that occur on a chart. And in this business, anticipating is what will make you money.
Market prices are reflected and framed on a horizontal time axis and a vertical price axis. Prices go up or down according to the aggressiveness of the participating operators. In an efficient or balanced market these oscillations should be imperceptible.
But in reality this is not the case, since the Market works thanks to the digital printing of hundreds of billions of units of paper money systematically distributed by the Central Banks through the banking system. These resources serve as a tool to manipulate 100% of the movements that occur in the FOREX Market.
Are you looking for Technical Indicators? All technical indicators were created from the 70's. How do you think that for more than 200 years the speculators of the past accumulated great wealth?
With the Language of Price. The best timing is given by the price itself. Indicator-generated entry signals usually occur at the wrong time.
The basis of technical analysis is human psychology. Unfortunately, human beings are not perfect and are loaded with emotions that dominate their behavior in similar situations, creating repetitive and highly predictable behavior when it occurs in masses.
The study of technical analysis through indicators and subjective training, originates and shapes the collective thinking on which all the traps that specialists execute every day to maintain their business are designed. If the majority won, the Market would cease to exist.
Although you already know that the patterns are not generated by the masses , but the repetitive behavior of the Specialists in the face of the action response of the masses. It is very easy for speculaists, because they can see everyone's orders in their books.
And they also exert a great influence on the decisions of the masses through the mass media. It is what I call the war between the Egg and the Stone , if you hit me you win and if I hit you also you win.

The Deception of Modern Technical Analysis

Through the centuries thousands of people have been able to extract great benefits from the financial markets by applying the basic strategies of technical analysis and the psychology of the Price Language.
More than 200 years ago when the markets began to operate officially, fundamental analysis predominated, which was only used by large financial institutions. As this analysis tool began to become popular, these institutions began to apply the strategies of technical analysis.
In recent decades and with the massification of internet technology, technical analysis has begun to be handled by anyone who has a computer with internet access. The same financial institutions, which have been present for more than a century and as a result of this overcrowding , establish a strategy to confuse and misinform about the true strategies of technical analysis.
This has been accomplished in the following manner. Currently there are hundreds, if not thousands of technical indicators that have been developed by so-called "gurus" of technical analysis and that sell their magic indicators packed in a "system" or "method" that usually cost thousands of dollars, or simply with the publication of a book with which they generate large profits. Double benefit.
The aim is to confuse the initiates in speculation and create the collective mentality that will originate the same behaviors over and over again. About 95% of these new entrants completely lose all the capital they invest in their early stages as investors.
Leaving them with a negative experience and creating the idea and the image that financial markets are an exclusive area for geniuses with high academic levels and that only they can produce returns in the markets year after year.
The initiate, having lost all his original capital, turns to these “gurus” for help and teachings. You spend more capital on the products they offer you and the cycle repeats itself . Obviously, the vast majority do not relapse and completely forget to re-engage in the stock markets.
I hope you have not been a victim of this drama.
Now I will show you the simplicity of a FOREX technical analysis , without the need to resort to any indicator as a tool to determine an effective entry or exit strategy when planning your operations.

The Price Cycle

Previously you studied in the FOREX strategies lesson, that the typical price cycle when it is reflected in a graph, presents four very specific phases and very easy to identify if you perform a technical analysis with common sense . These are:
  • Accumulation
  • Bullish trend
  • Distribution
  • Bearish trend
Remember also that the most effective way to constantly extract profits in the markets is by taking advantage of phases 2 and 4 (the trends). Combined with a correct reading of the collective behavior of the masses of speculators interpreting the Language of Price.
You will be surprised by the simplicity with which thousands of people around the world and over the centuries have accumulated large sums of money by drawing a few simple lines and applying responsible risk management with their capital.

How to Identify Trends?

Being able to determine the trend phases within the price cycle is the essence of technical analysis since it is these two phases that provide you with the probabilistic advantage you need to operate in the markets and obtain constant returns.
In the most plain and simple language, in the world of technical analysis, there are only two types of formations: trends and ranges.
The trends, in turn, can be bullish if they go up, or bearish if they go down. The ranges, on the other hand, can be accumulation if they are at the beginning of the cycle, or distribution if they are in the high part of the cycle. As I had indicated in the topic of FOREX strategies when describing the price cycle.
This sounds more like a play on words, but I will show you the practical definition to simplify your life and then you will apply these definitions on the graph so that everything makes more sense to you.
  • Bullish trend: a succession of major highs and major lows
  • Bearish trend: a succession of minor highs and minor lows
  • Floor Range: equal highs and varied lows
  • Ceiling Range: equal minimums and varied maximums
https://preview.redd.it/vvmsshf0guv51.png?width=600&format=png&auto=webp&s=c321679a7dcc03f7184778be86379ef442fddf91
Some key points from the graph:
  • The start of this big uptrend was detected when the last high (thick green line) of the previous downtrend was broken to the upside, ending the succession of lower highs, while exiting the lateral floor formation.
  • The succession of major lows in the uptrend (thin blue lines)
  • The succession of major highs in the uptrend (thin green lines)
  • The end of the uptrend was detected when the last low (thick blue line) of the uptrend was broken to the downside, ending the succession of higher lows, while exiting the lateral ceiling formation.
A tool that will help you sharpen your technical eye and identify trends on the chart is the Currency Scanner. This application is very effective and will provide you with a much-needed boost in your operations to identify reliable trends. At first, we are not sure how reliable a trend is. You will receive great help to find opportunities with the Currency Scanner .

The Common Sense, The Less Common of Senses

The central idea of ​​technical analysis consists in determining the price situation of a market, that is, in which phase of the pattern of its cycle it is currently conjugated with the collective thinking of the masses and the possible traps that the market would have prepared to remove. the capital at stake by the public.
To carry out a precise technical analysis, you will use the support and resistance lines, which can be static (horizontal) or dynamic (projecting an angle with respect to the horizontal axis).
Your common sense prevails here.
If you show a 10-year-old a chart, they will be able to tell you if the price is going up or down. You will most likely have no idea how to draw the lines, but you will be able to establish the general trend. Simply using your common sense.
By introducing indicators and other gadgets , the simplicity and effectiveness of the technical analysis created by your common sense evaporates.
The following graph conceptually shows you all the possible situations in which you could draw these lines to carry out your technical analysis of the place. You can clearly observe a downtrend delimited by its dynamic trend line and an uptrend on the right side with its respective dynamic delimitation.
https://preview.redd.it/5iehg0r6guv51.png?width=500&format=png&auto=webp&s=84c265a5d35da7ea970792c4bf40fe20b33bd8bd

Forex Charts Analysis

I want to remind you that the formations or patterns that develop on the charts (triangles, wedges, pennants, boxes, etc.) only work to execute trades that have initially been confirmed by the static support and resistance lines and to read the collective thinking of the masses.
Chart formations work, but you must know the Language of Price to determine when the Specialists will exploit a chartist figure, or when they will allow it to run. In fact, you will learn with the Language that you can operate a chart figure in any direction.
Much of the "mentalization" that the masses receive is to believe that the figures are made to be respected. Which is an inefficient way of working. Simply because you could wait days or months for a perfect chart figure to occur in order to perform a reliable trade. When in fact there are dozens every day.

Japanese Candles

Of all the tools you have to carry out technical analysis, perhaps the best known and most popular is the Japanese technique of candles (candlesticks).
Candles are mainly used to identify reversal points on the chart without resorting to confirmation of horizontal trend lines and only using a previous bar or candle breaks.
Its correct use is subject to a multi-time analysis (multiple temporalities) and a general evaluation of the context proposed by the market in general at the time of each scenario.
Later I will show you all the important details to take into account so that you use Japanese candles in a simple and very effective way.
Do not forget ... Trading in your beginnings based on formations (chartism) and candlestick patterns conjugated with hundreds of tools and technical indicators, constitutes the perfect path to your failure. Before using any strategy or technique I recommend you focus on learning the Price Language, which includes 3 basic things:
  • The Price: structure and dynamics
  • Market sentiment: relative strength, external shocks, etc.
  • Psychology: flexible mindset and risk acceptance
After you acquire this solid foundation, I guarantee that you will be able to trade any trading system that exists, any strategy, technique or chart figure in a profitable and consistent manner.
Specialists make money every day at the expense of the collective behavior caused by the use of these strategies and techniques. With which you will only manage to lose your capital and your time by putting the cart in front of the horse.
People who do the opposite, at best become,
... Philosophers of Speculation, or indocile Robot Assistants or Expert Advisors.
To make money in any market condition, range or trend, you must use the technical analysis based on the Price Language and combine it with a correct psychological reading of the price. This knowledge can only be acquired through proper education and lots of supervised practice. Like any other career in life.
I hope you've found this guide helpful!
submitted by kayakero to makemoneyforexreddit [link] [comments]

Exness Forex Broker Review 2020

With new forex brokers coming online every day, it often requires a lot of research and patience to choose the best forex broker for you. We have identified some of the key things that every trader needs to assess when selecting a broker to save you time and help beginner traders, and we have compiled a list of the best Forex brokers on the market.
The Bottom Line: The brokers below represent the best brokers for beginners.
Pro Tip: Most of these brokers provide free demo accounts so that you can use virtual money to test the brokers and their platforms. Before using your own cash, give it a try with some game money.
Here is a summary of the best novice brokers.
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.
submitted by shahidfx22 to u/shahidfx22 [link] [comments]

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Benefits and Risks of Trading/Bitcoin trader

Benefits and Risks of Trading/Bitcoin trader

Ought to you jump in and begin using your onerous-mined bitcoins within the markets? Find out the risks and advantages initial.KEY TAKEAWAYS
The market is devoted to trading in the globe's currencies.
https://preview.redd.it/u8gle9a0m4f51.jpg?width=770&format=pjpg&auto=webp&s=9368e9fe9613884fb4fd0c86fb716e50319f2d53
Many brokers currently settle for bitcoin and different cryptocurrencies.
Bitcoin trades benefit from the anonymity and decentralized valuation system the currency represents.
They add a replacement layer of risk trading, exacerbated by the acute volatilityStandard Forex Trade
Before you think about whether to trade using bitcoin, it's helpful to understand how a standaroretrade works.

A forex trade is simply an exchange of 1 currency for an additional at its current rate. Unlike tourists who exchange their home currency for local spending cash, forex traders are trying to form cash off the continual fluctuations in the real value of 1 currency against anothe

Imagine you're an American trader betting that the British pound can lose price compared to the U.S. dollar. This is termed trading on the British pound/U.S. dollar currency pair (GBP/USD).The Impact of Decentralization
The key distinction is that, though forex exchanges would possibly be decentralized, the currencies themselves are backed by central banks in the countries that issue them. It's the duty of those banks to stabilize the value of their currencies and keep them stable
Now think about an example of a forex trade using bitcoin. First, you open a forex trading account with a broker who accepts bitcoins. These embody AvaTrade,one? eToro, and LiteForex.a pair of? You then transfer 2 bitcoins from your digital wallet to the forex broker’s digital wallet.

If you wish to trade using bitcoin, use only a locally regulated forex brokerage. And avoid using leverage till you know what you are doing.
Assuming the present bitcoin to U.S. dollar rate is 1 bitcoin = $seven,500, your deposit of two bitcoins is value $fifteen,00zero. Now, assume that you would like to require an edge in British pounds. If the exchange rate is £zero.five = $one, you may receive £7,500. When it rate changes to 0.45, and you square off your position t.sixty five in your trading account. You have got made a tidy eleven.elevenpercent profit and you're prepared to cash out.




Despite the very fact that your bet on British pounds earned you an eleven.11% profit (from $fifteen,00zero to $16,66six.65), the fluctuation in the bitcoin to U.S. dollar rate suggests that that you sustain a loss of zero.039 bitcoin or about -two.percent. (Initial deposit of 2 bitcoins — 1.961 bitcoins = .039 bitcoin).

However, had the bitcoin to U.S. greenback exchange rate changed to 1 bitcoin = $7,000, you'd realize a benefit from both the forex trade and the bitcoin exchange. You'd have received ($16,66half dozen.65/$7,00zero) = two.381 bitcoins, a profit of nineteen.onepercent.

Increased Unpredictability
This hypothetical example illustrates the large reason to exercise caution when using digital currencies for forex trading. Even the most fashionable and widely used cryptocurrency, the bitcoin, is highly volatile compared to most traditional currencies.

Within the year ending July 24, 20twenty, the value of a bitcoin ranged from $five,532 to $eleven,982
This unpredictability means that that the risks associated with trading forex using bitcoin are that abundant larger
Beyond the exchange rate fluctuations impacting profit and loss, there are other edges and risks to consider before trading forex with bitcoin
Decentralized Vauations: A major advantage of trading forex with the bitcoin is that the bitcoin isn't tied to a central bank. Digital currencies are free from central geopolitical influence and from macroeconomic issues like country-specific inflation or interest rates.
High Leverage: Many forex brokers offer leverage for bitcoin trades. Experienced traders can use this to their profit. However, such high margins ought to also be approached with great caution as they amplify the potential for losses.
Low Deposit Amount: A trader can begin with as little as $twenty five with some bitcoin forex trading firms. A few forex trading companies have even offered promotions sort of a matching deposit quantity. Traders ought to check that the broker is legitimate and appropriately regulated.
Low Cost of Trading: Most forex brokers that settle for cryptocurrency are keeping brokerage costs terribly low to attract new shoppers.
Security: You don’t would like to reveal your bank account or mastercard details to make a bitcoin transaction. This could be a massive advantage in terms of price and monetary security.

No World Boundaries: Bitcoin transactions don't have any international boundaries. A trader primarily based in South Africa can trade forex through a broker based mostly within the United Kingdom. Regulatory challenges could stay a concern, however if both traders and brokers are willing to transact, there aren't any geographical boundaries.
Risks of Trading Forex with Bitcoin
Different Exchange Rates: Bitcoin trades on multiple exchanges and exchange rates vary. Traders must guarantee they understand that bitcoin exchange rates the forex broker can be using.

U.S. Dollar Rate Risk: While receiving bitcoin deposits from clients, almost all brokers instantly sell the bitcoins and hold the quantity in U.S. dollars. Even if a trader will not take a forex trade position immediately when the deposit, he or she remains exposed to the bitcoin-to-U.S. dollar rate risk from deposit to withdrawal.
Danger of Volatility: Historically, bitcoin prices have exhibited high volatility. Within the absence of regulations, volatility will be used by unregulated brokers to their advantage and a trader’s disadvantage. For example, assume the intraday bitcoin rate fluctuates from $five,00zero to $5,300 U.S. greenbacks per bitcoin. For an incoming deposit of two bitcoins, the unregulated broker may apply very cheap rates to credit the trader $10,00zero (2 bitcoins * $five,000 = $10,000). However, once the trader is ready to create a withdrawal, the broker might use rock bottom exchange rate. Instead of the original a pair of bitcoins deposited, the trader receives o
Security Risks Inherent to Bitcoin: Deposited bitcoins are vulnerable to theft by hacking, even from a broker’s digital wallet. To reduce this risk, rummage around for a broker who has insurance protection against theft.


Risk of Leverage: Using leverage is risky for new traders who may not perceive the exposure. This risk is not unique to cryptocurrency forex trading and comes into play in traditional forex transactions still.
Asset Category Mixing: Cryptocurrency may be a different asset class altogether and has its own valuation mechanism. Trading forex with bitcoins primarily introduces a replacement intermediate currency which will impact profit and loss in unexpected ways. Any cash that's not locked down in an exceedingly trader’s base currency is a risk.
Although cryptocurrencies like bitcoin are gaining popularity, there are still several associated risks. In forex trading, dealing in a decentralized currency that provides global transactions with no fees is a bonus. But the tradeoff is actually adding a 3rd currency to what was a trading try
Put your trading skills to the take a look at with our FREE Stock Simulator. Compete with thousands of Investopedia traders and trade your means to the top! Submit trades in an exceedingly virtual setting before you start risking your own cash. Practice trading ways thus that when you're prepared to enter the $64000 market, you've got had the practice you would like. Attempt our Stock Simulator today
https://www.cryptoerapro.com/the-bitcoin-trade
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Hey guys, here are some recent job openings in ON. Feel free to comment here or send me a private message if you have any questions, I'm at the community's disposal! If you encounter any problems with any of these job openings please let me know that I will modify the table accordingly. Thanks!
submitted by DramaticPatience0 to OntarioJobsForAll [link] [comments]

40 Jobs in on Hiring Now!

Company Name Title City
First Student Canada First Student Canada: School Bus Driver - Kincardine / Port Elgin, On Arran-Elderslie
First Student Canada First Student Canada: School Bus Driver - Kincardine / Port Elgin, On Ashfield-Colborne-Wawanosh
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Maverick FX Maverick FX: Remote Foreign Currencey Trader Job In Atikokan, On Part Time Atikokan
Maverick FX Maverick FX: Remote Foreign Currencey Trader Job In Belleville, On Part Time Belleville
Manpower Manpower: Temporary Construction Flaggers Belleville
First Student Canada First Student Canada: School Bus Driver - Scugog, On Bowmanville
AAA Northern California, Nevada & Utah Aaa Northern California, Nevada & Utah: Tow And Battery/Light Service Driver Gore Bay
Manpower Manpower: Warehouse Guelph
Sport Clips Sport Clips: Hair Stylist - Licensed / Apprentice On302 Guelph
Magna International Magna International: Team Leader - Epp/Mould Guelph
Magna International Magna International: Maintenance Team Leader Guelph
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Magna International Magna International: Millwright Milton
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ULINE ULINE: Warehouse Associate - Nights Milton
ULINE ULINE: Order Picker Milton
Sport Clips Sport Clips: Hair Stylist - Licensed / Apprentice On304 Milton
Manpower Manpower: Part-Time Warehouse Sorter - North Bay North Bay
Procom Procom: Sqa Services Ottawa
Fortinet Fortinet: Gui Software Developer Ottawa
Aerotek Aerotek: Embedded Software Engineer Ottawa
Robert Half Robert Half: Office Manager Ottawa
Accountemps Accountemps: Accounts Payable Clerk Ottawa
Procom Procom: Developer Ottawa
Robert Half Canada Robert Half Canada: Accounting Manager Ottawa
Robert Half Robert Half: Event Coordinator Ottawa
Procom Procom: Architecture - Bi (Business Intelligence) Developer - Senior Ottawa
Franklin Empire Franklin Empire: Inside Sales Representative - Commercial & Industrial Ottawa
Robert Half Canada Robert Half Canada: Front End Developer Ottawa
Aerotek Aerotek: Manager Of Software Development Ottawa
Calian Calian: Clinical Psychologist– Psychological Services For The Rcmp/Psychologue Clinicien(Ne)- Services Psychologiques De La Grc Ottawa
Arise Virtual Solutions Arise Virtual Solutions: Home Based Customer Service Agent Ottawa
Hub Group Trucking Hub Group Trucking: Cdl-A Truck Driver - Local Home Daily Ottawa
Hey guys, here are some recent job openings in ON. Feel free to comment here or send me a private message if you have any questions, I'm at the community's disposal! If you encounter any problems with any of these job openings please let me know that I will modify the table accordingly. Thanks!
submitted by DramaticPatience0 to OntarioJobsForAll [link] [comments]

24 Jobs in bc Hiring Now!

Company Name Title City
Fraser Health Fraser Health: Program Coordinator (Rn/Rpn) Community Mh&Sus - Mental Health Developmental Disabilities Anmore
Fraser Health Fraser Health: Emergency Psychiatric Liaison Nurse (Rn/Rpn) – Bh Belcarra
Fraser Health Fraser Health: Program Coordinator (Rn/Rpn) Community Mh&Sus - Mental Health Developmental Disabilities Belcarra
Maverick FX Maverick FX: Remote Forex Trader Job In New Bella Bella, Bc Full Time Bella Bella
Maverick FX Maverick FX: Remote Forex Trader Job In New Bella Bella, Bc Part Time Bella Bella
Innomar Strategies Inc. Innomar Strategies Inc.: Wellness Case Manager (British Columbia) - Home Based, 15 Month Contract Bella Coola
Innomar Strategies Inc. Innomar Strategies Inc.: Personal Care Specialist, British Columbia (Home-Based) Bella Coola
Virtual Tech Gurus Inc Account Manager Burnaby
PWtransit PWtransit: Bus Driver - Burns Lake, Bc Burns Lake
Maverick FX Maverick FX: Remote Forex Trader Job In Burns Lake, Bc Full Time Burns Lake
Aerotek Aerotek: Production Worker In Chilliwack Area Chilliwack
The Judge Group The Judge Group: Ui/Ux Designer Esquimalt
Westland Insurance Group Westland Insurance Group: Insurance Advisor - Trainee Gibsons
Westland Insurance Group Westland Insurance Group: Senior Insurance Advisor New Westminster
Robert Half Canada Robert Half Canada: Backend Developer New Westminster
Westland Insurance Group Westland Insurance Group: Insurance Advisor - Trainee North Vancouver
Lawrence Merchandising Services Lawrence Merchandising Services: Part-Time Retail Merchandiser - Temporary Prince Rupert
Cynet Systems Technical Business Analyst - Remote / Telecommute Saanich
Home Depot Home Depot: Customer Service Associate Squamish
Remy Corporation AWS Architect Surrey
Reef Technology Director of IT Networks Vancouver
Hays Talent Solutions Llc Principle Site Reliability Engineer Vancouver
Lawrence Merchandising Services Lawrence Merchandising Services: Part-Time Retail Merchandiser - Temporary Williams Lake
Grainger Canada Grainger Canada: On-Site Service Representative Williams Lake
Hey guys, here are some recent job openings in BC. Feel free to comment here or send me a private message if you have any questions, I'm at the community's disposal! If you encounter any problems with any of these job openings please let me know that I will modify the table accordingly. Thanks!
submitted by DramaticPatience0 to BritishColumbiaJobs [link] [comments]

ITRADER REVIEW

Overview:

The offshore-based FX and CFDs broker ITRADER has three trading accounts. The accounts are called Silver, Gold, and Platinum. The brokers provide an Islamic account to Muslim traders that enable swap-free trade. In this ITRADER review, we will investigate this broker thoroughly and find out its offers and reality.

About ITRADER:

The offshore-based FX and CFDs broker ITRADER claim its inception in early 2012. The trading assets offered are 50 FX pairs, and CFDs on several commodities, indices, stocks. It offers traders a well-established MetaTrader trading terminal. The firm called Hoch Capital Limited manages the ITRADER trademark. The brokers claim its registration at the Cyprus Securities and Exchange Commission, Cyprus. The CySEC imposes many rules and regulations on the brokerage provider in its country. These are maintenance of 7,30,000 euros, and also advises brokers to segregate trading accounts. The broker also claims to offer Investor Compensation Fund to the traders. It helps traders to avoid loss and scam. Also; all the brokerage providers under CySEC are entitled to MiFID compliance. It enables brokers to perform cross border business in the EU.
The initial investment needed to open an account with ITRADER is 250 USD. The initial deposits are according to the current market situation. However, many regulated brokers offer the same services at 5 USD.
The trade at ITRADER is commission-free. The spreads provided according to the types of accounts. The spread on the Silver account is at 2.2 pips, Gold account at 1.3 pips, and Platinum account at 0.7 pips on significant FX pair of EUUSD. The spread of 0.7 is profitable, but it requires a higher initial deposition. The offered leverages are in between 1:200 to 1:500. The provided leverages are according to the current market value but can make colossal profit or loss.
The broker offers to trade on versatile and easy to use a trading platform MetaTrader. It is available on all operating systems like iOS, Android, and Windows. MT is the top-rated trading platforms. ITRADER offers Virtual Private Server to its traders for extra security in FX and CFDs trade.
Many payment gateways manage the payment funding and withdrawal of profits. They are cards, and bank transfers are few to mention. Unfortunately, Skrill and Neteller not provided.

Is ITRADER scam or legit?

ITRADER is a regulated and licensed FX broker by CySEC. The trading conditions offered are higher. The trading platform provided is MetaTrader and is a good sign. However, offshore nature is worrisome. ITRADER may be a potential forex scam broker.
submitted by fraudbrokers to u/fraudbrokers [link] [comments]

12 years of "repairing" myself + mental re-calibration on what's important to me.

Hi!
I've read some posts here and felt like this could be a good place to maybe get a helpful perspective.
I am 32 years old and all choices that I have made so far in my life were driven by insecurity, anxiety and need as well as longing for approval. My biggest weaknesses are consistency and the ability to get massively excited, that plummets almost as fast as it rises.
I am an ENFP (look up "MBTI") and during my entire time in high school my main interests were making people happy and wanting to be liked. I am not clumsy, but I acted like I was to give my classmates a reason to laugh. I wanted to see them smile, even if I had to pay for it. I excelled in Sports and English and I had no love left for math - my primary school math-teacher ridiculed me in front of the class when I barely 8 and in the past I sometimes wondered whether that messed with me somehow. I cared little about grades, as my main focus was a) having fun and b) good relationships. I was very lazy and I hardly ever did any pre- or post-prep. I was indeed liked by most students as they were always happy to see me and I was invited to most birthday parties etc. and I was also bullied by those classmates who were less popular as they gave comments like "look, the education-gap is coming" and quite a number of other events. All those comments stung and some girls told me to defend myself, because they noticed those harsh comments. I never defended myself, because a) I was afraid b) I didn't know how, because I was conflict-averse by nature.
I was 18. I knew about my bad grades and I was massively embarrassed because of that, but I still didn't focus on studying but having good relationships. I compensated by working out and I noticed a massively growing interest on how the body works. Anatomy, physiology were my thing. Over time still during High School girls would start notice a change in my physique and guys sometimes stared at my arms. I was far away from a bodybuilder, but I was more muscular.
Towards the end of High School some classmates would ask me "so do you want to become a fitness trainer? *snarky chuckle*". In that very moment this option died for me, because according to those classmates a fitness coach was nothing one could be proud of. I was like a leave in the wind - dependent on the thoughts, comments and judgements of others. I neither knew how to make decisions for myself now how to be responsible for myself.
I graduated from High School with two things: 1. with barely any preparation at all and 2. without a slightest amount of self-esteem
I've always had a deep and loving relationship with my parents, but I never shared any of the events that happened at school. I was a master of ignoring acting like everything was fine. (Where those character traits come from is another topic of course, but I want to be as objective as possible here.)
At 20 years all I knew was that I had to study... like all of my classmates. I decided to study sports science and I trained for a month, 6 days a week, several hours a day. I went to the local pharmacy and asked for legal drugs to help my body recover faster. I qualified for studying sports, but my GPA was too low to get accepted in the same year. I decided to pick a different subject, because not starting a study in the same year was not an option - to much peer pressure in my head. I picked a major that completely antagonized my character - it was the only option I found. I had to move far away from my parents and while it was frightening in the beginning, I started to enjoy it after a few weeks. I quickly noticed that my major was nothing for me, but I liked to live on my own terms so I neither quit nor did I tell my parents that this major was a bad choice. I lived in the moment until my circumstances at college forced me to quit.
I was 23. I felt bad for quitting, although I knew this major was a torture for me. I didn't want to go back to my parents and at the same time I felt like I had to make up for the lost time by picking a major that would let me shine in a supposedly good light. I wanted to redeem myself. Again... I didn't think about what would be good for me, but I looked at myself through the eyes of other people. Sport Science popped back into my head. In my head Sport Science wouldn't give me the credit I felt like I needed to redeem myself from my High School-failure. I decided to go for Sports Medicine, but I had to wait a few years to get accepted into the program. I was hellbent on following that road, so I successfully became a registered nurse in the meantime.
I was 27. I wasn't accepted into the medical program and I still had to wait. I was running low on finances and I detested the work as a nurse. Not the work itself was the problem, but its societal reputation. It didn't give me the alleged prestige I needed to regain my self-esteem which I was still longing for. I decided to try a completely different industry. I started working for a service provider that produced blueprints.
I was 29. I still wasn't accepted into the medical program and I decided that it was enough. I had waited 5 years, received nurse training in the meantime. I moved back to my parents and almost decided to do Sport Science, but I didn't. Also during those years I met a number of software engineers who told me about their work and how many job offers they receive on a regular basis. That tempted me. So I decided to study informatics. Futuristic stuff had always fascinated me and I thought virtual reality is cool. I watched and read a lot of material on software engineering and I prepped myself with tons of speeches the one from Steve Jobs that said "programming teaches you how to think...".
During the first year I noticed that I didn't enjoy it. Learning programming was tough! It still was fascinating to me though and I buckled down. I passed, but I still didn't get hooked. Programming made me feel smart, because of all the seemingly cryptic languages. I felt like this could be something to make up for my failure and dump reputation at High School. Sometimes I would meet people who said "he is an IT guy" and it made me shudder. In my head I said "I'm no IT guy, I'm a Sport Scientist.", but I didn't say it out loud.
I was 30. I continued with my study, because I didn't want to quit again and I started feeling depressed. I didn't want to get up in the morning. I didn't want to smile. I didn't want to meet people, which was completely contrary to my nature. When friends asked me how study was going and how I felt I said "Oh well, I'm good. Study is going alright." while thinking at the same time "don't ask me about my study.".
Only very few people in my life are able to see through my cloak - my always smiling persona. As a little kid a teacher would ask my Mum how it was possible that I was always happy. I actually was happy, because I was backed by my parent's unconditional love. I am and always will be utmost thankful for that, way beyond words can express. Being more true to myself, my emotions and letting more people in is something I've been learning continuously.
I was 31 and whilst I kept studying and feeling down, I started reading, watching and listening to anything that had to do with motivation, life-purpose and entrepreneurship to push myself out of the depressed feeling. I wanted to stimulate myself so I read Elon Musk's, Steve Job's, Jack Ma's and Richard Branson's biographies. I also started reading about stock trading, forex trading and online advertisement. I dove into those topics, because (a) of interest (b) to distract myself (c) to regain my happiness, which is basically (b) as well and lastly d) to find out what else was out there.
On a positive note... by feeling depressed, I encountered a whole new world in terms of business and entrepreneurship. Thanks to all that self-imposed input, I learned a lot about myself and that academia is not the only way to financial opportunities. Side-note: I grew up with the notion that a college degree is inevitable.
...it's crazy how my High School memories still knock on my door and I have to be vigilant to not get caught up in them.
If you read until here I salute you.
My feelings of depression come and go. I am still studying and working part time. I have lost a considerable amount of hair, because of stress and worries. I sometimes feel like I have aged fast-forward because of that. I still live with my parents. I can't imagine working in the IT industry longterm and I can't help but thinking about Sports Science. Since I've been diving into the world of entrepreneurship I am also keeping a list of projects that I'd love to put into practice. I keep conceptualizing and some ideas seem to be good enough to me to turn them into an mvp. Recently I found a college that allows me to do a 1 year bachelor in Sport Science, because it takes into account my precious education in nursing. A whole lot of scattered thoughts and ideas.
My current study will still take me about 1,5 years and I've been thinking about quitting to turn towards the subject that I've been wanting to do since I was 20. In order to sustain financially I considered going through a coding boot camp (despite what I said a few lines before) so that I can work as a developer while studying part time. If the 1 year Bachelor pans out, I'll be done when I'm 35-ish. I could even imagine doing a PhD some day, because anything sport-related gets me hooked. I want to be a sports coach to other people and I want to raise awareness concerning physiological health. It hurts my brain when I think about the fact that it took me over a decade to accept my innate interest as worthy and valuable and to grow over that remark by my classmate over 12 years ago. It's almost ludicrous to think that such comments can cause emotional trauma that in turn can have such long-lasting influence on decisions.
On the other hand I feel like I had to go through all those feelings of depression to deal more with myself and to become aware of my characteristics and personality traits. Today I know how important conflict is, how benefitial arguments can be, how important emotions are and that it's equally important to not ignore emotions but to go through them and to face them. Honestly... if I didn't know that my parents loved me as much as they do, I'm not sure how far I would've made it.

If you have advice or thoughts concerning turning my fragmented thoughts into a viable roadmap, please feel free. I'm not hoping for a specific answer. I want to let people grant a look inside my head and listen to their general advice.
Thx again for reading.
submitted by Nilayah to Advice [link] [comments]

Forex Trading Basics - Vinson Financials™ TRADE AND PRACTICE WITH FREE DEMO ACCOUNT PLATFORM FOR COMMODITY AND CURRENCY FREE VIRTUAL TRADING PLATFORM FOR INTRADAY TRADING PRACTICE 5 Virtual Trading Accounts + 3 Trading Journals Online Virtual Brokers COMMISSION-FREE Trading Account How to Setup your Forex VPS Virtual Private Server Cheap VPS for forex trading

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