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RE: TRADING: Long USD/JPY (14 to 1 R/R)
I do some options trading, but never any forex. The leverage is massive from what I understand. You can't argue with 14.5:1 Risk/Reward though.
Thank you for linking to Trading View. I've wanted a source for charting for a long time and wondered what the traders like haejin used for the Elliot Waves, etc. It looks like a great tool.
There are several ways to trade currencies without massive leverages. You can trade ETF's for example. There are several of them with no leverage at all or just small amounts of levels like x3. However, I've never traded options, in my opinion they are super tricky: you might be right in price direction and you can end loosing money because of the timming. Thanks for your support.
My options portfolio completely agrees with your comment on loosing money because of timing. I have a newsletter that recommends selling long dated puts to buy long dated calls on undervalued stocks. It can be great until a big market downturn and your double bullish positions are massively in the red and you have margin call because it wiped out your net liquidity.
I don't know much about futures or futures trading. I wonder if once you establish a following, you add in some training posts for futures. You could also have a post showing us how to use the tools in Trading View to do your TA. This would be high value, but maybe after you grow your following.
I could talk days about resource investments, like gold, uranium, copper, oil, exploration and production companies. I plan to write some posts about a few incredible positions.
One of my favorite crypto related positions is HIVE. You can read my post here: https://steemit.com/investing/@morseke1/an-incredible-investment-with-maximum-leverage-to-blockchain-growth
Really appreciate your support. I deffo will be doing more theoretical articles on differents assets. Also I plan to make a series of money management strategies for different types of market assets. For example, for resource investments you could be using a martingale money management strategy that won't be useful at all trading futures. Thanks for your suggestions.
I'd like to follow your series on money management. I don't know what martingale money management strategy is. I'm very good managing my money and investments, but love to learn as well.
I do a lot of research for all of my resource investments and keep up on all the announcements and try to invest in positions where big name investors have big positions and the underlying resource is high quality. Rick Rule and Eric Sprott are both billionaires from only investing in resources positions. I have many positions that they have also.
https://steemit.com/vulkanic/@bram17/abu-vulkanik