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You chased a market... now what...
http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Too late to the market... what to do!? Chasing a market is when traders enter a trend when the trend is already well established and you're late to the the party. How Late Is Too Late to Buy Into a Trend?
1) Re-evaluate without bias i.e. without anchoring yourself to your entry level - why did you get into the trade - what was the premise for the trade? Was it a technical pattern or indicator - is the premise of the trade still valid? That may even mean that you may need to cut the position.
2) Trim the position - do you still want to be in the position - do you want to reduce it if the market keeps going against you?
3) Set levels and areas to review. That means again looking at your trade objectively without bias at key levels. Let's face it, the trade now has a bit of emotional bias but you need to take charge.
4) Plan each and every outcome. If you go down to x %, how will this impact your account - are you comfortable with that?
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https://www.youtube.com/watch?v=F6s5fwJ2g8MMissing Entries, Entering Trades Late; You've Chased a Market...now What? 🤔
https://www.youtube.com/watch?v=GT17JEO5GYwHow to Trade Trends and Build a Trend-Based Trading Strategy! 👊
https://www.youtube.com/watch?v=tMfCMTY5TN4Guide to Trading Pullbacks within a Trend Part 1 👍
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https://www.youtube.com/watch?v=zR9CzWOzSQUHow Can You Determine the Strength of a Trend? Part 1
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https://www.youtube.com/watch?v=QnSAfyZtkj4About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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