Category Archives: Coinstreet Blog
In our trading blog, you’ll find news, chart analysis and other updates from our traders.
The 1%
The very first rule we live by is: Never risk more than 1% of total equity on any trade. -Larry Hite (Market Wizard) I try very hard not to risk more than 1% of my portfolio on a single trade. –Bruce Kovnar, (Market Wizard) A simple piece of advice to ensure long term trading success, […]
Continue readingPlan your trade
There is a time to grow and a time to decline. A time to plant and a time to reap. That cute puppy bouncing up and down in your living room will some day become an old, decrepit dog whom you will have to drive to the vet’s office to put it out of its […]
Continue readingLanguage of the markets
It’s been estimated that only 10% of traders make money. To trade profitably you need to know how to read the language of the market. Professional traders can come up with different possible entry and exit points by reading the language in which the markets are speaking to them. They know how to profit from […]
Continue readingRisk Management
Risk Management for Trading. Trading crypto-currency is a gold rush. While selling shovels is traditionally the best way to wealth in such a scenario, doing wise investments is essential once you have some money. I consider trading an entertaining and challenging pastime. Maybe the most important aspect of trading is risk management. While resources like […]
Continue readingThe Super Nova model of financial collapse
When debt-asset bubbles expand at rates far above the expansion of earnings and real-world productive wealth, their collapse is inevitable. The Supernova model of financial collapse is one way to understand this. I’ve used the Supernova analogy for years, but didn’t properly explain why it illuminates the dynamics of financial bubbles imploding. According to Wikipedia, […]
Continue readingKing Bitcoin
“Bitcoin is still King!” as it roars in the chatboxes. New traders seem to have no idea what is meant but it is very important to understand what is going on here. There are 2 ways people use Bitcoin market dominance: As the percentage of the total cryptocurrency market, measured by marketcap. As the leading […]
Continue readingThe Coming Crypto Superspike
To understand what is about to happen, I need to explain Keynesian Economics and Monetary Policy. Once you understand Keynesian Economics and Monetary Policy, what is about to happen will be apparent. Before the world went off into the insanity of printing paper ( now digital) money by Central Banks, the interest rate cycle went […]
Continue readingA path towards becoming a trading expert
There comes a moment when a trader realizes they most likely will have to invest in their education in order to find a strategy, method or system that offers higher probability trades while minimizing risk. Coinstreet is the outcome of learning from mistakes, risking capital and finding methods through due diligence … yes all of […]
Continue readingRisk vs Reward
If you’re new to trading, you should always focus on trading in terms of positive risk/reward relationship. The simple but very important logic of trading with good or great risk/reward ratios is that you will have a hard time growing your account if you continue to lose large chunks of your account because of poorly […]
Continue readingLeverage a double edged sword
Leverage is the buying power of an account. When the leverage setting is increased, buying power is increased by the same multiple. If an account has leverage of 50:1, buying power is equal to 50 times the account value. For example if an account has a balance of $1,000, no open positions or orders, and […]
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