walata.base.eth 🎭🍖 Ⓜ️
@walata
I'm driven by goals, passionate about crypto, and active in trading. I aim to connect with like-minded individuals.
Smart money doesn't chase price; it induces it. The "inducement" is the trap—a false breakout or a dramatic drop that shakes out weak hands, creating fuel for the true move. This manipulation leaves a footprint: imbalance.
Then comes "liquidity." The big players hunt these pools of stop-losses above resistance or belo...
What Is Smart Money Concept?
Smart Money refers to the capital controlled by institutional players—banks, hedge funds, and large financial institutions—who have:
1. Greater market insight
2. Access to liquidity
3. Power to move prices
Smart Money Concept (SMC) is a trading framework that studies how these big players...
Mastering Trade Exit Strategies
A well-planned exit is crucial as a strategic entry. Here are six expert exit strategies:
- Profit Target Exit
- Trailing Stop Loss
- Time-Based Exit
- Technical Indicator Exit
- Breakout/Breakdown Exit
- Disciplined Exit
Combine these strategies with market awareness and discipline, ...
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Take Ownership of Your Crypto Success
When investing in crypto, cultivate an independent mindset. Don't rely solely on others for guidance on buying and selling. Instead, make informed decisions based on your own research and strategy.
If you experience losses, use them as opportunities to learn and grow. Avoid indec...
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Negative effect of Overtrading?
Overtrading can lead to losses, emotional exhaustion, and poor decision-making.
Signs of overtrading include trading without a clear strategy, feeling the need to constantly be in a trade, and ignoring risk management.
To avoid overtrading, stick to a trading plan, set trade limits, us...
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When starting trading, keep these 3 key points in mind:
1. Market structures: Understand the 3 main market conditions - uptrend, downtrend, and sideways/range.
2. Trend identification: Recognize trends using the following patterns:
- Uptrend: Higher Highs (HH) + Higher Lows (HL)
- Downtrend: Lower Highs (LH) ...
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I'd love to hear about your trading style. Are you a scalper, day trader, or swing trader? What timeframes do you prefer for analysis and entering trades?
Personally, I'm a day trader. My analysis process typically starts with daily and 4-hour charts, then I refine my strategy using 15-minute charts, and finally make ...
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95% of traders fail due to common mistakes. To succeed, avoid:
- Trading against trends
- Poor capital management
- Using multiple strategies
- Not keeping a trading journal
- Unrealistic expectations
- Greed
- Fear
- Predicting instead of reacting
- Overtrading
Instead, focus on discipline, capital management, and p...
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Part 5: Institutional Order Flow. This refers to the large-volume trades executed by the big banks and hedge funds, which has the potential to drive market movements. Traders analyse volume profiles to identify areas of high activity, which often coincides with institutional interest. Key behaviours include absorption ...
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Part 4: Fair Value Gaps (FVG).
Fair Value Gaps (FVG) occur when price moves rapidly, leaving areas with no trading activity. These gaps often act as support or resistance, with price revisiting them to "fill the gap." Traders use FVGs to identify potential reversal or continuation zones. When combined with other SMC co...
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Part 3: Liquidity
Liquidity are areas where retail traders stop-loss orders are concentrated, attracting additional traders. These zones are mostly targeted to trigger price movements, known as liquidity grabs. After the sweep of liquidity, price typically reverses in the initial intended direction of the market maker...
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Order blocks are areas where institutional players place their large orders. This can be identified by a big move from a point that lead to a break of structure (BOS) on the opposing side. The origin of such rapid move is identified as order block (OB). The zones often act as supports or resistances because there is h...
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Smart Money Concepts trading style.
Part 1: Market Structure Analysis.
Smart Money Concepts (SMC) traders focus on understanding market structure to identify trends. Key elements include higher highs (HH) and higher lows (HL) for uptrends, and lower highs (LH) and lower lows (LL) for downtrends. A break of structure (B...