Case-study: Simple or Complex SMC?

Part of Trader Handbook -Crucial for individuals involved in trading.

Does price reflect everything?

Technical analysis utilizes historical data to predict the future. However, what would happen if the future differs from past data?

By examining this case study, we can delve deeper into the premise of technical analysis and determine appropriate actions to take.

Wyckoff-SMC is a trading strategy that I created for trading assets like spot crypto or stocks.This approach is also applicable to the foreign exchange market, so there's no need to worry about its suitability for FX trading.

When the stock or crypto market is moving sideways, it can take several months or even years, making it difficult to determine whether it's in the accumulation or distribution phase. Understanding volume and specific events that occur during these phases can help traders make informed decisions on when to enter or exit the market.

Part of Trader Handbook ©TP Trading, 2022.

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PORTFOLIO MANAGEMENT

For example, let's say you're heavily invested in real estate and the market takes a downturn. Suddenly, your portfolio takes a hit, and you don't have the liquidity to take advantage of buying opportunities in other asset classes. On the other hand, if you have a well-diversified portfolio, you're better equipped to weather market fluctuations and capitalize on opportunities as they arise.

Part of Trader Handbook ©TP Trading, 2022.
Not just a book, it's lessons from losses

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