gold-pattern

  Narrative Economics stories affect economics, look no further than the example of Bitcoin. When the idea of Bitcoin was first introduced online in 2008 by a mysterious person under the name Satoshi Nakamoto, hype quickly grew around it. It was an entirely new system of money that had the ability to change everything we know about currency. From there, it became a global phenomenon, though partly not for the reason you’d think. Sure, its innovation and complex mathematical theory is impressive, but what excited most people about it seemed to be the hype and mystery surrounding it. If you ask most Bitcoin investors about the actual theory that runs Bitcoin, they probably could only give you the very basics. But ask them about what excites them about it and they’ll probably say it’s the idea of a new, revolutionary way of using currency. The way of the future. They feel that by investing in Bitcoin, they have a stake in the future, proving they are among the forward-thinkers...

  Avoid emotional trading Trading psychology describes how a trader handles generating gains and handling losses. It represents their ability to deal with risks and not deviate from their trading plan. The emotional aspects of investing will attempt to dictate your every transaction, and your ability to handle your emotions is part of your trading psychology. It is impossible to eliminate emotions in trading, but this should not be the goal in the first place. Instead, traders should understand how certain biases or emotions can affect their trading and use this information to their advantage. Every trader is different, and there is no simple rulebook that everyone should follow. Identify your personality traits Develop and follow a trading plan Have patience Be adaptive Take a break after a loss Accept your winnings Keep a trading log Identify your personality traits One of the keys to developing successful trading psychology is identifying your personality t...

  S&P 500 Inclusion Criteria The S&P 500 was created in 1957 and is one of the most widely quoted stock market indexes. S&P 500 stocks represent the largest publicly-traded companies in the U.S. The S&P 500 focuses on the U.S. market's large-cap sector. An S&P 500 company must meet a broad set of criteria to be added to the index, including the following: A total market capitalization of at least $14.6 billion Must be a U.S. company Must have a public float of at least 10% of its equity shares outstanding A positive sum of the most recent four consecutive quarters of trailing earnings Positive earnings for its most recent quarter Must meet certain liquidity requirements 1 Companies may be removed from the S&P 500 if they deviate substantially from these standards. 2 $40.3 trillion The total combined market cap of the 500 companies in the S&P 500 as of March 31, 2022. 3 توصيات الاسهم      stock signals ...

  Existential-humanistic   Psychologist Abraham Maslow in 1943 posited that humans have a hierarchy of needs, and it makes sense to fulfill the basic needs first (food, water etc.) before higher-order needs can be met.[103] Humanistic psychology, which has been influenced by existentialism and phenomenology,[104] stresses free will and self-actualization.[105] It emerged in the 1950s as a movement within academic psychology, in reaction to both behaviorism and psychoanalysis.[106] The humanistic approach seeks to view the whole person, not just fragmented parts of the personality or isolated cognitions.[107] Humanistic psychology also focuses on personal growth, self-identity, death, aloneness, and freedom. It emphasizes subjective meaning, the rejection of determinism, and concern for positive growth rather than pathology. Some founders of the humanistic school of thought were American psychologists Abraham Maslow, who formulated a hierarchy of human needs, and Carl Rog...

  Psychological Traps   1. Anchoring Trap First, there is the so-called anchoring trap, which refers to an over-reliance on what one originally thinks. Imagine betting on a boxing match and choosing the fighter purely by who has thrown the most punches in their last five fights. You may come out all right by picking the statistically more-active fighter, but the fighter with the least punches may have won five bouts by first-round knockouts. Clearly, any metric can become meaningless when it is taken out of context. For instance, if you think of a certain company as successful, you may be too confident that its stocks are a good bet. This preconception may be totally incorrect in the prevailing situation or at some point in the future. Take, for example, electronics retailer Radio Shack. Once a thriving seller of personal electronics and gadgets in the 1980s and 1990s, the chain was crushed by online retailers such as Amazon (AMZN). Those trapped in the perception th...

  Common Retracements The Fibonacci Retracements Tool at StockCharts shows four common retracements: 23.6%, 38.2%, 50%, and 61.8%. From the Fibonacci section above, it is clear that 23.6%, 38.2%, and 61.8% stem from ratios found within the Fibonacci sequence. The 50% retracement is not based on a Fibonacci number. Instead, this number stems from Dow Theory's assertion that the Averages often retrace half their prior move.   Based on depth, we can consider a 23.6% retracement to be relatively shallow. Such retracements would be appropriate for flags or short pullbacks. Retracements in the 38.2%-50% range would be considered moderate. Even though deeper, the 61.8% retracement can be referred to as the golden retracement. It is, after all, based on the Golden Ratio.   Shallow retracements occur, but catching these requires a closer watch and quicker trigger finger. The examples below use daily charts covering 3-9 months. Focus will be on moderate retracements (38.2...

  What Is a Technical Indicator? A technical indicator is a series of data points that are derived by applying a formula to the price data of a security. Price data includes any combination of the open, high, low or close over a period of time. Some indicators may use only the closing prices, while others incorporate volume and open interest into their formulas. The price data is entered into the formula and a data point is produced. For example, the average of 3 closing prices is one data point [ (41+43+43) / 3 = 42.33 ]. However, one data point does not offer much information and does not make for a useful indicator. A series of data points over a period of time is required to create valid reference points to enable analysis. By creating a time series of data points, a comparison can be made between present and past levels. For analysis purposes, technical indicators are usually shown in a graphical form above or below a security's price chart. Once shown in graphical form, ...