MILLIONAIRE STANDARD

THE GREATEST SECRETS OF

TRADING
THE SUPREME GUIDE

@PADROESGRAFICOS
 GRAPHIC PATTERNS HIGH....... 1-10

GRAPHIC PATTERNS LOW....... 11-20

CANDLE PATTERNS HIGH........ 21-22

CANDLE PATTERNS LOW........ 23-24

GRAPHIC INDICATORS............ 25-31

MARKET LIQUIDITY............... 32-34

RISK MANAGEMENT............... 35-36

ÍNDICE

TRADING PSYCHOLOGY.......... 37-38

FUNDAMENTAL ANALYSIS...... 39-40

PROFITABLE STRATEGIES....... 41-42

“SOMETIMES WE HAVE TO BE A LITTLE
CRAZY, EXTREMELY OBSTINATE,
BECAUSE MADNESS WORKS – AS LONG
AS THERE IS DISCIPLINE, A VERY CLEAR
OBJECTIVE, DOWN TO THE GROUND AND
THE HUMILITY OF KNOWING THAT WE
WILL MAKE A LOT OF MISTAKES, WE
WILL LEARN FROM THEM ERRORS AND
CONTINUE.”

“I WAS IMPRESSED BY THE URGENCY

OF DOING IT. KNOWING IS NOT
ENOUGH; WE MUST APPLY. BEING
WILLING IS NOT ENOUGH; WE MUST DO
IT.”

"TRY ONCE, TWO, THREE TIMES AND IF

POSSIBLE, TRY THE FOURTH, FIFTH AND
AS MANY TIMES AS NECESSARY. JUST
DON'T GIVE UP ON THE FIRST
ATTEMPTS, PERSISTENCE IS THE
FRIEND OF ACHIEVEMENT. IF YOU
WANT TO GET WHERE MOST PEOPLE
DON'T GO, DO WHAT THE MAJORITY
DON’T DO IT.”
DOUBLE BOTTOM

Resistance Disruption

Suport
Bottom Bottom

It is a reversal chart pattern that signals

the change from a downtrend to an uptrend.
But how does the pattern formation occur?
Generally, a double bottom is formed by two
consecutive bottoms that are separated from
each other by a top. The pattern formation
usually breaks to the upside.

1
 DESCENDING WEDGE

Disruption

In the falling wedge, the price is contained by

two descending trendlines that converge
because the upper trendline is steeper than the
lower trendline. In other words: tops are falling
faster than bottoms.
These wedges tend to break upwards.

2
OCOI
(SHOULDER, HEAD, INVERTED SHOULDER)

Neck Line Disruption

Shoulder
Shoulder

Head

It generally indicates a downtrend, the market

tried to make new bottoms, but there is an
entry of buying force preventing a stronger
downward movement. It also consists of three
funds, the central “head” being the largest.
The reversal of the downtrend may occur with a
breakout of the neck line. Confirmation of the
OCOI occurs with a Bullish Pivot when the neck
line breaks.
3
 HIGH RECTANGLE

Projection
Resistance Disruption
Projection

Suport

When the rectangle or period of laterality is

broken upwards, breaking resistance thus
creates an upward rectangle. The strength
accumulated during the period of laterality
gives impetus to the breakout, projecting the
height of the channel upwards, where there is
an opportunity to buy.
4
ROUNDED BOTTOM

Resistance Disruption

Pattern with a rounded bottom shape, this

pattern is not very common to see, due to the
volatility of the market, we can find this pattern
in longer chart times, and in assets with little
volatility.
However, it is a very assertive pattern, when
found, it can yield good profits.
5
 SYMMETRIC TRIANGLE
(HIGH)

Disru
ptio

It is a continuity pattern that represents a moment

of price consolidation or congestion during a
certain period.
But how does the pattern formation occur?
The symmetrical triangle is formed by at least two
descending tops and two rising bottoms. First, the
breakout of the resistance or support line tends to
be in favor of the price trend that precedes the
formation of the triangle.
6
ASCENDING TRIANGLE

Disruption

It is a continuity chart pattern that represents a

moment of price consolidation. But how does the
pattern formation occur? The bullish triangle is
formed by at least two tops in the same price range
and two ascending bottoms.

7
 HIGH FLAG

Dis
rup
tio
n

A flag can be used as an entry pattern for the

continuation of an established trend. Bull flags may
form
after an uptrend. The pattern completes when the
price breaks out of the trend lines contained in the
direction of the prevailing trend, at which point it
will likely continue its course.
8
CUP PATTERN
(CUP AND HANDLE)

Resistance Disruption

HANDLE

CUP

Cup is a price pattern that occurs during a market

uptrend. This pattern consists of 2 parts, the cup
and the handle.
This is a bearish adjustment in price before
reaching the bottom of the cup and recovering
slightly.
It is followed by the handle part, this is a price
recovery located on the right side of the cup. This
decrease occurs faster and less than the cup part,
so the cup and handle pattern is complete when
the price leaves the upper right part of the cup and
rises. 9
 HIGH PIVOT

Top
Resistance Disruption

bottom 2

bottom 1

It is a graphic formation in which the price of an asset

surpasses the high of the previous top after two rising
bottoms.
Initially there is the formation of the F1 bottom, followed
by the T1 top. This is when the first important point of the
upward pivot enters, the formation of the F2 ascending
bottom.
The price stops falling above the F1 bottom and rises
again. Next we have the second important pivot point. The
upward movement generated after the F2 bottom
surpasses the high of the T1 top, thus confirming the
10 Bullish pivot.
DOUBLE TOP

Top Top
Resistance

Suport
Disruption

It is a reversal chart pattern that signals

the change from an uptrend to a downtrend.
But how does the pattern formation occur?
Generally the double top is formed by two
consecutive tops that are separated from each
other by a bottom. The pattern formation
usually breaks down.
11
 RISING WEDGE

Disruption

In the rising wedge, the price is contained by

two rising trendlines that converge because the
lower trendline is steeper than the upper
trendline. In other words: bottoms are rising
faster than tops.
These wedges tend to break downwards.
12
OCO
(SHOULDER, HEAD, SHOULDER)

Head

Shoulder
Shoulder

Neck Line Disruption

It generally indicates one of an upward trend, the

market tried to make new tops, but there is an entry
of selling force preventing a stronger upward
movement.
It also consists of three tops, the central “head”
being the largest. The reversal of the uptrend may
occur with a breakout of the neck line. Confirmation
of the OCO occurs with a bearish Pivot upon
breaking the neck line.
13
 DOWNLOAD RECTANGLE

Resistance
Projection

Suport Disruption
Projection

When the rectangle or period of laterality is

broken downwards, breaking the support thus
creates a bearish rectangle. The strength
accumulated during the period of laterality gives
impetus to the breakout, projecting the height of
the channel downwards, where there is an
opportunity to sell.
14
ROUNDED BOTTOM
(REVERSE)

Resistance Disruption

Pattern with a rounded top shape, this pattern

is not very common to see, due to the volatility
of the market, we can find this pattern in longer
chart times, and in assets with little volatility.
However, it is a very assertive pattern, when
found, it can yield good profits.

15
 DESCENDING TRIANGLE

Resi
stan
ce

Suport Disruption

It is a continuity chart pattern that represents

a moment of price consolidation.
But how does the pattern formation occur?
The bearish triangle is formed by at least
two bottoms in the same price range and two
descending tops.
16
SYMMETRIC TRIANGLE
( LOW)

tion
Disrup

It is a continuity pattern that represents a moment

of price consolidation or congestion during a
certain period. But how does the pattern formation
occur? The symmetrical bearish triangle is formed
by at least two descending tops and two ascending
bottoms. First, the breakout of the resistance or
support line tends to be in favor of the price trend
that precedes the formation of the triangle.

17
 DOWN FLAG

n
ptio
ru
Dis

A flag can be used as an entry pattern for the

continuation of an established trend. Bear flags
may form
after a downtrend.
The pattern completes when the price breaks out of
the trend lines contained in the direction of the
prevailing trend, at which point it will likely
continue its course.
18
CUP PATTERN
(INVERSE)

CUP

HANDLE

Suport Disruption

Inverse cup is a price pattern that occurs during a

market downtrend. This pattern consists of 2 parts,
the cup and the reverse handle.
This is an upward adjustment in price before
reaching the
top of the cup and recover slightly.
It is followed by the handle part, this is a price
recovery located on the right side of the cup. This
rally occurs faster and less than the cup part, so the
inverse cup and handle pattern is complete when
the price breaks out of the bottom right part of the
cup and moves down.
19
 DOWN PIVOT

Top 1

Top 2

Suport Disruption
bottom

OWhat is a Bearish Pivot? It is a graphic formation

in which the price of an asset surpasses the low of
the previous bottom after two descending tops.
Initially there is the formation of the T1 top,
followed by the F1 bottom. At this moment, the first
important point of the downward pivot enters, the
formation of the descending top T2.
The price stops rising below the T1 top and falls
again. Next we have the second important pivot
point. The downward movement generated after
the T2 top surpasses the F1 bottom low, thus
confirming the bearish pivot.
20
 CANDLE PATTERNS

The "Piercing" candlestick pattern suggests that buyers are

taking control after an intense selling phase. Reversal is
indicated by the ability of buyers to overcome the initial
strength of sellers. The deeper the second candle penetrates
the body of the first, the more significant the indication of a
trend reversal can be.

The "Morning Star" pattern suggests that selling pressure has

eased and buyers are gaining momentum. The transition from
a downtrend to a possible uptrend is indicated by the
presence of the small indecision candle (the "star") and then
the bullish candle that follows, showing buyers' increasing
control.

The "Three White Soldiers" pattern suggests a change from a

downtrend to an uptrend. Each successive candle represents
an increase in buyer strength, indicating a possible reversal of
sentiment in the market. The formation of these three white
candles is considered a bullish sign that selling pressure is
weakening and that buyers are gaining control.

The "Hammer" pattern suggests a possible reversal from a

downtrend to an uptrend. The long lower shadow indicates
that buyers were active and were able to reverse the selling
pressure. The small body at the top shows that buyers
managed to close near the open, indicating a possible change
in market sentiment.

21
 CANDLE PATTERNS

The Dragonfly Doji pattern suggests that during the

period, sellers pushed prices lower, but buyers
managed to bring them back up, indicating a
possible reversal from bearish to bullish.

The "Bullish Engulf" pattern suggests a change

in market sentiment. It indicates that after a
bear phase, buyers are now taking control and
are outperforming sellers. The bullish candle is
so dominant that it completely "swallows" the
previous bearish candle, indicating a possible
reversal of the downtrend into an uptrend.

The inverted hammer suggests that despite

initial selling pressure, buyers managed to
regain control and push prices higher towards
the end of the trading period. This could
indicate a possible reversal of the downtrend
into an uptrend.

22
 CANDLE PATTERNS

The "Black Cloud" pattern suggests that selling pressure is

increasing and that buyers may be losing control. It signals a
possible reversal of the uptrend to a downtrend. The deeper
the bearish candle body penetrates the previous bullish
candle body, the stronger the indication of possible reversal.

The "Hanging Man" suggests that, despite the strong opening,

buyers tried to push the price up but were unable to maintain
control and sellers stepped in, pushing prices down by closing
the candle in the red. This could indicate a possible reversal of
the uptrend into a downtrend.

The "Shooting Star" suggests that despite a strong opening,

buyers were unable to maintain control and sellers stepped
in, pushing prices lower throughout the trading period. This
could indicate a possible reversal of the uptrend into a
downtrend.

The "Bearish Engulf" pattern suggests a change in market

sentiment. It indicates that after a bullish phase, sellers are
taking control and outperforming buyers. The bearish candle
is so dominant that it completely "engulfs" the previous
bullish candle, indicating a possible reversal of the uptrend
into a downtrend.

23
 CANDLE PATTERNS

The "Three Black Soldiers" pattern suggests a

change in market direction, indicating that
sellers are taking control after a bullish phase.
Each successive bearish candle reinforces
selling pressure, indicating a possible reversal
of the uptrend into a downtrend.

The Tombstone Doji pattern suggests that

during the period, buyers pushed prices
higher, but sellers managed to bring them
back down, indicating a possible bullish to
bearish reversal.

The "Evening Star" pattern suggests that

selling pressure is increasing and that buyers
may be losing control. The small candle in the
middle represents indecision, and the
following bearish candle indicates that sellers
are taking control.

24
RSI Indicator
The RSI (Relative Strength Index) is a technical
indicator that helps identify whether an asset is in
overbought or oversold conditions. To use RSI, you
need to follow the following steps:

Access your broker's technical analysis platform or use

an online charting tool that allows you to add
indicators.
Select the asset you want to analyze and add the RSI to
the chart.

The RSI is plotted on a scale of 0 to 100. When the RSI

is above 70, the asset is considered overbought and
may be ripe for a correction. When the RSI is below 30,
the asset is considered oversold and may be ready for a
bullish reversal.

Observe the behavior of the RSI over time. If the RSI is

moving upwards and the asset price is rising along with
it, this could be a sign that the uptrend is strong.
Likewise, if the RSI is moving downwards and the
asset's price is falling along with it, this could be a sign
that the downtrend is strong.

Use RSI in conjunction with other technical analysis

tools such as moving averages and trend lines to get a
more complete view of the asset's behavior.

25
 Volume Indicator
The volume indicator is a technical indicator that
shows the amount of trades that have occurred in a
given period of time. To use the volume indicator on
a chart, follow these steps:

Open a price chart of the asset you want to analyze.

Add the volume indicator to the indicators window.

The volume indicator is usually displayed in bars, with

each bar representing the trading volume over a certain
period of time, such as a day or an hour.

Note the correlation between volume and price

movement. If an asset's price increases and trading
volume increases along with it, this could be a sign that
the uptrend is strong and may continue. On the other
hand, if an asset's price increases but trading volume
decreases, this could be a sign that the uptrend is
losing momentum and could reverse.

Use the volume indicator in conjunction with other

technical analysis tools such as moving averages and
trend lines to get a more complete view of the asset's
behavior. For example, a break of support
accompanied by an increase in trading volume could be
a sign that the downtrend is strong and may continue.

26
Bollinger Bands Indicator
Bollinger Bands are a technical indicator that helps
identify an asset's volatility and predict the price's
possible future trading range. To use Bollinger
Bands on a chart, follow these steps:

Open a price chart of the asset you want to analyze and

add the Bollinger Bands indicator to the indicator
window.

Bollinger Bands consist of a center line (moving average)

and two standard deviation lines above and below the
center line. The upper and lower bands represent the
expected trading range of the asset's price based on its
standard deviation.

Watch the price action in relation to the Bollinger Bands.

When the asset's price approaches the upper band, this
could be a sign that the asset is in overbought conditions
and could be ready for a correction. Likewise, when the
asset's price approaches the lower band, this could be a
sign that the asset is in oversold conditions and could be
ready for a bullish reversal.

Use Bollinger Bands in conjunction with other technical

analysis tools such as oscillators and trend lines to get a
more complete view of asset behavior. Remember that
Bollinger Bands are not an absolute indicator, but rather
a tool to help you understand the volatility and expected
trading range of the asset.

27
 Ema 12 Indicator
The EMA 12 indicator is a 12-period exponential
moving average that helps identify the trend of an
asset based on its historical prices. To use the EMA
12 indicator on a chart, follow these steps:

Open a price chart of the asset you want to analyze and

add the EMA 12 indicator to the indicator window.

The EMA 12 is a line that follows the asset's prices,

smoothing price fluctuations and showing the asset's
predominant trend. When the price is above the 12
EMA, it may indicate an uptrend. On the other hand,
when the price is below the EMA 12, it could indicate a
downtrend.

Observe price interactions with the EMA 12. When the

asset price crosses above the EMA 12, this could be a
sign of a developing uptrend. Likewise, when the asset
price crosses below the EMA 12, it could be a sign of a
developing downtrend.

Use the EMA 12 indicator in conjunction with other

technical analysis tools such as oscillators and trend
lines to get a more complete view of the asset's
behavior. Please remember that EMA 12 is a trend
indicator and is not suitable for all asset types and
market situations.

28
Moving Averages Indicator
Moving averages are popular technical indicators
used by traders to help identify trends and entry
and exit points in trades.
To use moving averages in your technical analysis,
follow the steps below:

Open a price chart of the asset you want to analyze and add the
desired moving average to the indicator window. The SMA is
calculated as a simple average of the closing prices of selected
periods, while the EMA gives more weight to the most recent
prices.

Observe price interactions with the moving average. When the

asset price is above the moving average, it may indicate an
uptrend. On the other hand, when the asset price is below the
moving average, it may indicate a downtrend.

Use the moving average to identify entry and exit points in your
trades. For example, when the asset's price crosses above the
moving average, it could be a buy signal, while when the price
crosses below the moving average, it could be a sell signal.

Experiment with different moving average periods to find the

one that best suits your trading style and the asset being
traded.

Remember that moving averages are trend indicators and

should be used in conjunction with other technical analysis
tools to get a more complete picture of the asset's behavior.
Additionally, it is important to test and adjust moving averages
to suit your trading style and traded assets.

29
 MACD Indicator
The MACD (Moving Average Convergence
Divergence) is a momentum and trend indicator
that helps traders identify entry and exit points in
trades. To use the MACD indicator, follow the
following steps:
Add the MACD to your chart: To add the MACD indicator, open the
price chart of the desired asset and select the MACD from the list of
available indicators. The MACD is usually displayed as two lines and
a histogram.

Look at the MACD lines: The main MACD line is the difference
between a short-term exponential moving average and a long-term
exponential moving average. The second line, called the "signal", is
an additional exponential moving average of the main MACD. When
the MACD crosses above the signal line, it could be a buy signal,
while when the MACD crosses below the signal line, it could be a sell
signal.

Look at the MACD histogram: The MACD histogram shows the

difference between the two lines, that is, the difference between the
short-term and long-term moving averages. A positive histogram
indicates that the short-term moving average is above the long-term
moving average, which may indicate an uptrend. Conversely, a
negative histogram indicates that the short-term moving average is
below the long-term moving average, which may indicate a
downtrend.

Use MACD in conjunction with other technical analysis tools: While

MACD can be used to identify buy and sell signals, it should be used
in conjunction with other technical analysis tools such as support
and resistance to gain a more complete picture of the asset's
behavior.

Remember that MACD is just a technical analysis tool and should not
be used in isolation to make trading decisions. It is important to test
and adjust the MACD indicator to suit your trading style and the
assets traded.
30
Fibonacci Indicator
The Fibonacci indicator is a technical analysis tool
that uses the sequence of Fibonacci numbers to
identify potential support and resistance levels on a
price chart. To use the Fibonacci indicator, follow
the following steps:

Identify a trend: The first step is to identify the direction of the trend
on the chart. Fibonacci works best in markets that show a clear
trend.

Select reference points: Next, select the reference points that will be
used to apply Fibonacci levels. The starting point is usually the
beginning of the trend, while the ending point is the end of the trend.

Apply Fibonacci indicator: Use the Fibonacci tool to plot Fibonacci

retracement levels on the chart. The most common levels are 38.2%,
50% and 61.8%. These levels represent the percentage that the
asset's price can retrace before continuing in the trend direction.

Identify support and resistance levels: Once Fibonacci levels are

plotted on the chart, support and resistance levels can be identified.
Support levels are below the asset's current price, while resistance
levels are above the asset's current price.

Use Fibonacci levels in conjunction with other technical analysis

tools: The Fibonacci indicator should be used in conjunction with
other technical analysis tools such as momentum indicators to
confirm trading signals.

Remember that the Fibonacci indicator is only a technical analysis

tool and should not be used in isolation to make trading decisions. It
is important to test and adjust the Fibonacci indicator to suit your
trading style and the assets traded.

31
 Market Liquidity
Heatmaps:
What they are: Heatmaps visualize trading activity on
a chart, highlighting areas of greater liquidity with
more intense colors.
How to use:
Focus on areas with warmer colors, indicating greater
activity.
Identify consistent patterns across different time
frames.

Analysis of the Book of Orders:

What is it:
Analyzing the order book involves examining buy and
sell orders at different price levels.
How to use:
Watch for large order accumulations around certain
prices.
Zones with many orders may indicate areas of support
or resistance.

Technical Indicators:
What are:
Indicators such as Volume Weighted Average Price
(VWAP) or Bollinger Bands can help identify areas of
liquidity.
How to use:
VWAP can indicate areas where most of the volume
occurred.
Bollinger Bands can show volatility and areas where
liquidity may be concentrated.

32
Market Liquidity
Graphic Patterns:
What are:
Patterns such as triangles, flags, and head and
shoulders can indicate areas of accumulation or
distribution.
How to use:
Identify patterns across different time frames to
confirm areas of liquidity.

Fibonacci Levels:
What are:
Technical analysis tool based on mathematical
ratios that can identify potential areas of support
or resistance.
How to use:
Identify Fibonacci retracement levels where
liquidity can focus.

Candlestick Patterns:
What are:
Patterns such as "bullish engulfing" or "hammer"
can indicate areas where liquidity may be
changing.
How to use:
Be on the lookout for candlestick patterns that
occur in areas of support or resistance.

33
 Market Liquidity
Confirmatory Volume:
What is it:
Confirm the strength of a trend or area of ​
liquidity by observing whether the volume
matches.
How to use:
Significant increases in volume during price
movements may indicate areas of increased
activity.

Market Sentiment:
What is it:
Monitor market sentiment through news, social
media or sentiment indicators.
How to use:
Areas of high interest can potentially indicate
areas of liquidity.

Historical Tests:
What is it:
Analyze price history to identify areas where
price has historically encountered support or
resistance.
How to use:
Watch for repeating patterns that indicate areas
of liquidity.

34
Risk management
Stop-Loss Definition:

Establish stop-loss levels before entering a trade.

Stop-loss is a point at which you decide to close a trade
to limit losses. This level should be determined based
on technical analysis and risk/reward objectives.
Position Size:

Determine your position size based on the risk you are

willing to take on a single trade. Many traders choose
to risk a specific percentage of capital on each trade,
for example, not risking more than 1% on a single
trade.
Diversification:

Don't put all your capital into a single operation or

asset. Diversifying your portfolio can reduce the impact
of a single loss on your overall account.
Risk/Reward Ratio:

Before entering into a trade, evaluate the risk/reward

ratio. Make sure the potential gain justifies the risk
taken. Look for operations where the potential reward
is greater than the risk.
Total Risk Monitoring:

Be aware of the total open risk on all your positions.

This is crucial to avoid large losses that could
significantly compromise your capital.
Continuous Review and Adjustment:

35
 Risk management
Review and adjust your risk management rules as
needed. As your capital grows or shrinks, it is important
to adjust position sizes and stop-loss levels to reflect
these changes.
Do not increase the risk due to previous losses:

Avoid the desire to increase risk to recoup previous

losses. This can lead to a downward spiral. Maintain
discipline and follow your risk management plan.
Use of Leverage with Caution:

If you are using leverage, do so with caution. Leverage

amplifies gains, but also losses. Keep leverage at
manageable levels.
Market Size Assessment:

Consider the size of the market you are operating in. In

more volatile markets, it may be necessary to adjust
position sizes to accommodate volatility.
Continuous Learning:

Continue learning and adapting your approach to risk

management as you gain experience. The market
environment is always changing, and risk management
must be adapted to these changes.

36
Trading Psychology
Discipline:
Discipline is fundamental in trading. This involves
following your trading plan, adhering to risk
management rules and avoiding impulsive decisions.
Maintaining discipline is challenging, but it is crucial for
consistency over time.

Emotional control:
Emotional control is vital to avoid impulsive decisions
based on fear or greed. Staying calm, even in situations
of loss, and not getting carried away by momentary
emotions are critical aspects.

Greed and Fear:

Greed and fear are two powerful emotions that can
negatively affect trading decisions. Greed can lead to
excessive risk-taking, while fear can lead to hesitation
and missed opportunities. Recognizing and controlling
these emotions is essential.

Loss Acceptance:
Accepting that losses are part of trading is a crucial part
of psychology. Avoiding fear of loss can lead to poor
decisions. It's important to learn from losses and use
them as an opportunity to grow and improve.

Balanced Trust:
Having confidence is important, but overconfidence can
lead to reckless decisions. It takes a healthy balance of
confidence and humility to correctly assess market
conditions.

37
 Trading Psychology
Adaptation to Changes:
Financial markets are constantly changing. The ability to
adapt to new market conditions is crucial. This involves
adjusting strategies, accepting that some strategies may
not work in all market environments, and being willing to
constantly learn.

Focus on the Process, Not Just the Results:

Focus on the trading process rather than just the results.
You can make good decisions and still have losses, and the
opposite is also true. Evaluate your decisions based on
their quality, not just the immediate result.

Advance Planning:
Having a detailed trading plan helps reduce uncertainty
and anxiety. Knowing what to do in different scenarios can
help alleviate emotional stress.

Patience:
Successful trading often involves waiting periods.
Patience is essential to avoid the temptation to enter into
trades just for the sake of it.

Continuous Learning:
Trading is a journey of continuous learning. The constant
search for knowledge and improvement is crucial to
maintaining confidence and emotional control.
Trading psychology is a vast and complex area, but it is a
fundamental part of long-term success. Traders who
understand and manage their emotions are more likely to
make informed and consistent decisions.

38
Fundamental Analysis
Cryptocurrency Whitepapers and Fundamentals:

The starting point for fundamental analysis of a cryptocurrency

is the whitepaper. Whitepapers detail the technology,
purpose, and economic structure of cryptocurrency.
Understanding the underlying fundamentals is crucial.
Development team:

Assessing the team behind the cryptocurrency is vital. The

experience and technical competence of the development
team can significantly influence the long-term success of the
cryptocurrency.
Technology and inovation:

Examine the underlying technology of cryptocurrency. This

includes understanding the consensus algorithm, scalability,
security and any innovative features that differentiate it from
other cryptocurrencies.
Community and Adoption:

The size and activity of the community around a

cryptocurrency are important indicators. An active community
can contribute to the development and adoption of
cryptocurrency.
Practical Usage and Use Cases:

Assess whether the cryptocurrency has a practical use case

and whether it solves a real problem. Cryptocurrencies with
concrete use cases and practical applicability are more likely
to gain acceptance and adoption.
Partnerships and Collaborations:

Strategic partnerships with companies, organizations and

other cryptocurrencies can be indicative of a healthy and well-
connected project.
Update Development (Roadmap):

39
 Fundamental Analysis
Review the project roadmap to understand future plans.
Regular updates and continued development are positive signs.
Regulation and Compliance:

Be aware of the regulations and legal compliance surrounding

cryptocurrency. Compliance with laws and regulations can
significantly affect acceptance and long-term success.
Trading Volume and Liquidity:

Assess the cryptocurrency's trading volume and its liquidity in

the markets. This can influence the ease of buying and selling,
as well as price stability.
Comparative Assessment:

Compare the cryptocurrency with others on the market. This

includes considering factors such as market capitalization,
price-to-earnings ratio, and other valuation indicators.
Market Events and News:

Keep an eye on market events, news and developments related

to cryptocurrency. The cryptocurrency market is highly
influenced by external news and events.
Security and History:

Evaluate network security and consider the cryptocurrency's

security record. Past security incidents can affect investor
confidence.
Remember that the cryptocurrency market is highly volatile and
subject to rapid change. Fundamental analysis is a valuable
tool, but it is important to complement it with appropriate risk
management and, in some cases, technical analysis, especially
in the short term.

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Profitable Strategies
Implementing a strategy that can significantly
improve your trading results is always entering a
trade with a previously defined stop loss point.

This offers the advantage of seeing in advance the

potential value to be lost in the event of an outage, as
well as establishing a target projection.
This way, you can assess whether it is worth taking
the risk of this operation.

When entering a trade, it is crucial to keep a constant

eye on price movement.
Whenever the market moves in favor of your analysis,
try to identify tops and bottoms to adjust your stop
according to the price evolution.
This practice helps to reduce the risk of being stopped
during operation.

Another effective strategy is to take partial profits. If

the price is favorable to your trend with considerable
strength, take the opportunity to take partial profits
simultaneously with adjusting your stop. In this
scenario, even if the price makes a pullback reaching
your stop, you will exit with a profit, both due to the
increase in the stop and the partial realization while
the price was more stretched. If the price continues
to rise, you will continue to enjoy the gains from the
trade.

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 Profitable Strategies
Before starting any operation, it is essential to
dedicate time to studying the history of assets.

Analyze how these assets behaved in graphic

patterns and indicators, looking for patterns similar
to those you are analyzing. Additionally, combine this
analysis with volume, RSI, Bollinger Bands or other
indicators of your choice.

Keep a constant eye on market sentiment. Stay up to

date with the day's news and be aware of events that
could impact prices positively or negatively.
Identifying market sentiment before starting
operations is extremely important. This practice
makes it easier to identify trends and possible price
movements, providing a solid basis for your trading
decisions.

Sites that can help you stay informed about the

financial market:

Investing.com
Money Times
InfoMoney
The New York Times
CoinDesk
Cointelegraph
Livecoins
CriptoFácil

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