#trading advice

[trapangeles]

Tyllionaire: An Insight into Trading and Forex

Tylor K. Moore, popularly known as Tyllionaire or “TY,” is a successful trader, entrepreneur, and author. His interest in the stock market and forex started early in life, and he was inspired by Jay Z's business acumen. In this article, we delve into some of his responses to interview questions to learn more about his approach to trading.

Inspiration for Trading According to TY, he became interested in the stock market early on in life. He was inspired by Jay Z's hustle to sell drugs on the corners. While he looked up to Jay Z for his business moves, he never wanted to sell drugs like him. TY believed there was a faster way to make money and that trading offered that opportunity. He started looking into stocks using newspapers and the internet while in high school. After a few years, he discovered forex and hasn't looked back since.

Motivation to Write a Book on Forex TY has written a book on forex, which he believes will solidify his name in something bigger than himself. He thinks it's dope that people can go to Barnes and Noble, say his name at the desk, and order a copy of his book. Having a book is like a business card for him, which he uses to introduce himself to new people.

Factors to Consider in Trading Stocks and Forex TY believes that the most important factor to consider in trading is risk to reward. He emphasizes that trading is not gambling but using money wisely to make more money. Every little risk involves losing something, be it time, energy, or money. Therefore, having a concrete trading plan is essential. TY advises traders to think of trading like a business and treat it as such.

Risk Management To manage risk, TY uses a simple approach. Suppose you have $1000 in a micro account, and you're trading forex. In that case, you're only supposed to risk a maximum of 3% per trade professionally. That's about $30 per trade, and you're looking to make $60 to $100 from that $30 risk. While this may not seem like a lot, it can help you double your forex account if done five or ten times.

Trading Style TY is a scalper, which means he's a hunter on the 5-minute chart. He wakes up around 3 am every morning, smokes a blunt, plays some call of duty to get his mind right, and starts trading. Usually, he catches the late London session so he can scalp GBPUSD until the NY session a few hours later. If US30 or NAS100 starts moving earlier on, then he'll catch it before the United States stock market opens. He advises traders to exit once they've hit a lick, saying that once the money stacks up, it's time to go.

Understanding the Market TY believes he has a great understanding of the ebbs and flows of the market. He advises people to learn how to read charts, and they'll find it just like driving a car; they'll never forget. He recommends a video on his YouTube channel called "Understanding Japanese Candlesticks," which he believes will help anyone learn to read charts.

Emotions and Trading TY believes that treating trading like an investment helps remove the emotional attachment to money. He advises traders to think of trading as money invested, which could work or not work. This way, when the emotion is removed, it's easier to trade on a day-to-day basis.

Advice for New Traders TY advises new traders to do what works for them. Every person has their unique experience, and they should study every profitable moment and try to duplicate the situation. He believes that trading is similar to basketball, where the

You can find TY on YouTube by typing in “TY” or “Tyllionaire” or also by googling his name Tyler K. Moore

#stock market #forex #risk management #trading strategies #emotions #breakout strategy #trading advice

[definetelynotavampire]

art trade skk flower shop au for @thatkarleesidraws :D

AU where they made Dazai go to therapy and now he's working in a flower shop. He knows nothing about flowers or how to care for them and gives terrible advice to his customers.

#sorry i had to make him less Dazai-esque #Chuuya is the same tho #and annoyed by his god aweful advice #art trade #bsd #bungou stray dogs #bsd fanart #bsd garlic #fanart #bungo stray dogs fanart #skk #bsd dazai #dazai osamu #chuuya nakahara #soukoku #chuuya #dazai x chuuya #my art #bsd art #dazai #digital art #bsd chuuya #bsd flower shop au #skk flower shop au #bungo stray dogs

[originalartblog]

a pitch: Tsujimura and Higuchi run into each other as civilians and accidentally end up bonding. Now they meet every other week to eat, shop and hang out. They trade work advice about their definitely normal office jobs and troublesome coworkers. They have no idea who the other really works for.

#cringefail girl solidarity!!!! #they are now besties #tsujimura is complaining about her mean colleague (ayatsuji) #believe it or not i started this idea this morning and tonight it suddenly became of topic #bsd #bungo stray dogs #bungou stray dogs #bsd gaiden #bsd fanart #bsd tsujimura #bsd higuchi #bsd higuchi ichiyou #bsd tsujimura mizuki #nawy's doodles #they have similar yet opposite problems with their coworkers it's funny actually #they can trade advice #and be a little pathetic together

[lunarharp]

shirahama-sensei reminded me she has a thing for the teacher from pokemon s/v so i randomly went off on an au where qifrey is the professor. etc

#witch hat tag #orufrey #the first image is qifrey dressed as that guy. i'm glad she has an inexplicable attachment to some dorky pokemon man like i do #someone was like 'wouldn't it make more sense for deanreldea to be the champion' .... well no. not in my world . #it maps onto magic skill. champions aren't like the Rulers of the land they're just the most skilled at this thing #oru as a burnt out champion who's gently encouraging a kid like coco to reach him one day means a lot to me. i like pokemon narratives #agott went shiny hunting for the same thing coco had but cooler - just to impress her. she really is a pokemon rival type girl #pushing myself to the limit to prove my worth to you - to get to the summit first so i'm waiting for you.. #and then realising it wasn't just to be strong - i realised i started wanting to see your smile. i wanted you to have fun. #i think coco would defeat agott at the end of victory road and then defeat oru & i'll probably draw one last thing abt that at least.. #the image is very cinematic..the dialogue and music in my mind..I WANT TO FACE ORU!!!!!!!!!! #the super cool insanely powerful awesome champion is the spouse of my professor and he gave me advice at the beginning...no way.... #btw the elite four would be the sages which is perfect (and maybe easthies as the first guy?) evil Team Brimhats #coustas as their renegade gladion-type figure. the gym leaders would be like sun/moon and s/v combined #travelling around facing the best students from different classes - so jujy and eunie etc. #i've barely thought about 'teams' or anything bc i care amore about the narrative side of things always lol #but idk. tetia with a swirlix - eunie would be ghost type boy - riche with small things but also a ceruledge or a steelix something massiv #and brushbug would have a final form which is really long like an eastern dragon- fluffy and with wings like a fairy. It's beautiful to me #well anyway *tries to move on to the rest of life now the brief obsession has passed* #obviously oru would be fire-type tho and qifrey would be water-type and they set off together and traded their starters etc.....it goes on

[blockchain-official]

Hey everyine great news! My drop shiopping courses have been enough of a scusess tbat the

33 slurp juices remain. Your mission is to eliminate all of them before they can combine with an astro ape and mint a new astro ape

NFT game is back on! And there’s even better news!!!

Just ship a dead rat to 38.89679° N, 77.03601° W for a big surprise!!! Send me a pic of the surprise and you’ll even get a jared leto joker nft valued at 10 million billion dogecoin on us!!!

But hurry! This once in a lifetime opportunity is going away flr goot in just [function.timne+1]!!! Be sure to get in on the ground floor because forget the moon, we’re going all the way to freaking mars!!!

Did YOU seee the hiddem nessage??? Be sure to read the post thoroughly for any clues you might have missed!!!

#to the moon #nft #bitcoin #blockchain #crypto #cryptocurrency #web 3.0 #binance #cryptocurreny trading #investment advice #retirement planning #stocks #stock market #cryptocurrency trading #cryptocurrency investment #might blaze this later idk

[bitchesgetriches]

Want to learn how to invest?

ATTENTION CITIZENS OF BITCH NATION.

Our beloved comrade, Dumpster Doggy aka Amanda Holden, is teaching an investing workshop starting THIS SUNDAY, FEB 4. Dumpster Doggy designed this workshop as your first step toward financial freedom, and it is perfect for beginners and those who just want to understand the reasoning and mechanics behind investing.

This workshop is for you if you:

Have debt — yes, you should consider investing even if you have debt now

Don't know where to start 

Want to be certain that your educational foundation is absolutely solid 

Understand that investing is the key to building wealth, and know that a paycheck alone is not wealth

Don't want to work forever

Want your money to start working for you

Know that you just need to get started—no matter how small the dollar amount! 

Know that education must be your foundation and that investing without knowledge is dangerous 

Have a workplace retirement account

Don't have a workplace retirement account

The course costs $15. We wouldn't recommend something paid like this if we didn't believe in it, so this endorsement does NOT come lightly. Amanda is one of our ride-or-dies, and she left Wall Street so she could teach investing through a feminist lens.

But if $15 is too rich for your blood, we are offering Amanda's course FOR FREE to our Patreon donors. Sign up at the $5 level or higher and it's yours ($15-$5=$10 SAVINGS HOLY CANNOLI). We'll have the information for Patreon donors up tomorrow.

Lastly, if you can't make it live, you'll still get a recording of the workshop. So don't worry if you're not available this Sunday. Ok here are those links again:

Investing for Freedom Workshop with Dumpster Doggy

Bitches Get Riches Patreon for free access to workshop

#investing #stock market #how to invest #how to invest in the stock market #stocks #trading stocks #investors #investments #personal finance #money #money advice #money tips #making money #investing stocks #stockmarket

[insomniac-shado]

Does anyone have any recommendations for how I can improve my art? I wanna change up some things,,,

Yes these are repeats but I’m just giving examples

I’ll take advice on both styles :3

#creepypasta #creepypasta art #creepypasta fanart #nina the killer #nina the killer creepypasta #nina the killer fanart #nina hopkins #ocs #oc art #original character #not my oc #fanart #art #art trades #advice

[ghostlypanda]

reasons to watch rise: "you took out my entire brownie clan. impressive."

please support rise of the tmnt by watching the show and movie over on netflix!! 🙏💛

#rottmnt #rise of the tmnt #rise ep always be brownies #rise april o'neil #rise splinter #rise lou jitsu #rise cassandra jones #rise casey jones #rise foot recruit #i love splints trying to give advice and he can just never get it out hahah #'you're such a great listener.' 'uhh i feel like i did most of the talking.' lmao the way splints says that i love him #april hesitating on just getting splints back gives me mr. krabs trading spongebob to the flying dutchman for 62 cents #its been years and i still have that episode memorized man what a time back then #but this ep is def my fave non-turtle ep

[phoenixyfriend]

Just as a heads up in regards to the ko-fi prompts:

I am not an expert on the stock market by any definition, and I do not recommend getting your financial advice from me.

If you send in a prompt on the subject, I'll do my research to answer it, but please know that stocks and investments are not my area. I've gotten three stock-related questions recently, and while I can guess why it's a popular subject, I really need you all to know, for legal reasons, that I am not an authority on this specific topic.

(While talking to my mom a few weeks ago, I mentioned a non-stock post I made for the ko-fi prompts project, and she very insistently told me that I need to tell everyone THIS IS NOT FINANCIAL ADVICE so I don't get sued if someone makes a bad call based on my commentary. So just. I'll do my research to answer to the best of my ability, but it will take some time and will come with a 'this is not professional advice' disclaimer.)

#ko fi prompts #economics #stock market #personal #I want to help but I need you guys to know this is not my field #my thing is international trade/communications and small businesses and some degree of government policy #so like. I can talk about supply and demand and all that. but I am not the person to go to for stock market advice

[ahb-writes]

Fantasy Worldbuilding Questions (Trade, Commerce, and Industry)

Trade, Commerce, and Industry Worldbuilding Questions:

What is the primary currency in this world? Does each region have its own?

What is the standard (such as the gold standard) by which currency is valued?

Who has more relative trading power and why? Which commodities are valued the most?

Who is paid the most because their labor is valued highest? Who is paid the least? Or is labor compensated equally (and do pay grades vary by region)?

Where are the biggest centers of trade and industry? Why are they in these locations?

Where are the main trading routes and what are landmarks or places of interest along their way?

When was this world most or least prosperous, and why?

When business is conducted, what are the customs, signs of trust (like signatures on Earth), formalities?

Why is a specific trade more common than others (what context underpins it)?

Why are certain trades growing or waning in popularity?

❯ ❯ ❯ Read other writing masterposts in this series: Worldbuilding Questions for Deeper Settings

#worldbuilding #writeblr #fiction writing #writing tips #writing advice #novel writing #writing #trade #industry #fwq #currency #finances #landmarks #least prosperous #commerce #commodities #how is labor valued

[glass-oranges]

The boys are back in town!

#finally redid my sona ref ( i needed to do this for months) #im realizing my old designs are simply too complicated for my current style #so i wanna work on simplifying refs of my older characters :) ( #protip if you have old refs that you still like and don't feel like drawing u can always just edit stuff on that ref and keep what u like #<- probably obvious advice but it took me so long to realize this #i need artfight to be RIGHT NOW RAHGHH I LOVE DRAWING OTHER PEOPLE'S OCS #<- btwbtw if anyone wants to do an art trade i would be totally open to that #or if you have any core ocs on artfight feel free to send an ask linking them id love to bookmark more cores #portal #portal 2 #nigel aperture tag #aperture tag #robot kin

[exploreworldwithme]

ETO Markets MT4 Tutorials - How to use market watch window

The “Market Watch” is a section of MetaTrader 4, which shows bid and ask prices, and allows you to view instruments, place orders, and open charts. All securities for which the Trading terminal gets quotes from the server are listed in the "Market Watch" window.

#trading advice #intra trading #stocktrading #Youtube

[incorrect-incorrect-jump]

Shizuku: Hey, Haruka? Can I get some dating advice?

Haruka: Just because I'm with An doesn't mean I know how I did it.

#incorrect quotes #mmj quote #haruka kiritani #shizuku hinomori #they trade advice #an shiraishi #haruan

[biomic]

she says this now, but once she has you hooked you'll be emptying your bank account just for a chance to snag that Parallel Rare Deepmariner Ride Chemy Card

#trading cards: not even once (i myself will not be following this advice) #kendrix morgan died for our sins #kamen rider for ts #gotchard posting #gotchard spoilers// #skillz don't look//

[anonymouspuzzler]

how did you go through college/grad school with ADHD, don't know how to combat it well.

genuinely, I dropped out because I had no idea i had it, had other compounding shit going on, and subsequently lost the ability to take care of myself! when I decided to go back it was after learning I most likely had some form of adhd, and I bolstered my support systems in many forms (lived with family instead of alone, went to therapy regularly, generally was older and a little more assured of myself, etc). and even with all that it's still a huge struggle!!

a lot of it comes down to "acknowledge and accept that you're never going to be able to just Become Neurotypical, some days will be hard, be willing to experiment and figure out things that do help you and Use Those Things whether or not they're 'normal' or you think you 'should' be doing them". ie. I struggle a lot with graduate-level reading, and after a lot of experimentation figured out what works best for me is having a TTS read the text out loud at the same time I'm reading it! It took me a long time to realize that because for some reason I got stuck on "needing" to just do one or the other!

#anonymous puzzler answers #genuinely every time folks ask me about school stuff i need to emphasize I Dropped Out And Did Not Go Back Until My Mid-20s #it took me a WHILE to reach a point where I understood what i wanted and needed out of my education & build support systems accordingly #shit was hard! shit's still hard! but it was something I care a lot about and it was important to me to go to school anyway #and maybe this is bad advice but genuinely if you don't feel that desire to Go Through It: figure out why! #do you need a different major? are you not vibing with this school's approach? is college/grad school just Not For You? #(like i Know the way The Industries are now wrt College Degrees but genuinely college isn't for Everyone and that's Fine) #(trades are Awesome and if you vibe more with that that's fucking Awesome)

[iagreewithlilithsrightsnwrongs]

Ok, but Lilith and Beatrice meet and finally, finally they have an adequate sparring partner. They don’t have to hold back or dumb it down, they can finally just go all out with training. They beat the holy shit out of each other. It ends in a draw because Beatrice’s ribs are cracked and Lilith’s shoulder is dislocated and they smile and laugh as they hobble to the infirmary and everyone is all quietly, “what the fuck?” Except for mother Superion who is all, “these are my babies and I love them.”

mary's head in hands, "now i got 2 over powered dumbasses oh no", mother superion is so proud. "these r my two murderous bbys, i dare you to touch them. you wont know what hit u" n their both like "ughhh mother superion, stop embarrassing me!!" very dysfunctional found family of them

also. them lowkey crushing on each other because of this

#warrior nun #sister lilith #sister beatrice #mother superion #lilith villaumbrosia #an ask? for me??? #also them teaching each other certain moves #n then when theyre on opposite sides they'll go “wait- that is NOT how i taught ffs do it again!” #n now theyre asking advice n trading tips n tricks on certain moves n everyone's so done?? like can we have a normal fight pls thx