how price suppression takes place and how to spot in charts
insiders ( government and their traders ) always know the upcoming data values ( eg upcoming jobs created report ) -so they will always to control the price – eg if the jobs report is bad , they know that the interest rates will go down – gold and silver could go up – but they don’t want gold and silver going up because they want people’s interest in paper currency ( fiat ) rather than the real assets – so they will dump a lot of paper silver / gold on the market and bring the price down.
some days , computer programs , called algorithms ( computers make 70 – 80 % of the trades ) are run somedays to keep price in check and not allow it to rise or fall too much – they have a program to eat your stop losses – which you have in your trades to protect from losses. you should always have stop losses in the system .
somedays the trade is in a range – you just sit out those days ( watch a movie or go out on a date ) .
always trade with a stop loss in your system ( not just your mind )
practice trading discipline – take small profits from time to time , rather than wait for that one big profit .
take singles and twos rather than hit a six every ball – as they say in cricket
don’t trade with all your capital on one big trade .. divide your capital into 20 parts , have a 2 % stop loss
concentrate on one trade at a time
if you are making too many losses in a row , better get out of all trades , wait for some days – calm your mind and then get back in
there is always tomorrow for the trade – the stock market is open 200 days in the year – as richard branson says – opportunity is like a bus – there is always another one coming .
fibonacci retraction – plot a fibonacci retractment on the chart between the low and the high – this tool is available on tradingview as well ..
see where the price goes down to and where it starts rising up again – this will give you the strength of the stock
if you have a lot of good days in the market ( good profits ) , stay out for sometime – you will tend to get overconfident and make mistakes
start with a fresh mind every morning – forget the trade yesterday
make a log of your trades – profit , loss , etc – use the trading journal
flag up pattern can fail sometimes – here is an example below
inside trading of a new type
all earnings for stocks are uploaded to a government server before getting announced in public – a russian hacker hacked the government server and got access to information before it was released to the public .. and based on this inside information , he placed his bets on the stock market and made huge profits ( this was known as Putin’s banker )
