Common Scams New Traders Fail Prey To / TradingView

As more and more people turn to trading as a means of making money, the number of scams aimed at new traders has increased significantly. These scams are designed to take advantage of people who are new to trading and do not have the experience or knowledge to recognize the signs of a scam. In this article, we will discuss some of the most common scams that new traders fall prey to.

Pump and Dump Scams
Pump and dump scams are one of the oldest and most common scams in the trading world. In a pump and dump scam, a group of traders or a single individual artificially inflates the price of a stock by spreading false information about the company. Once the price reaches a certain level, the scammers sell their shares, causing the price to crash, and leaving other investors with a loss.

Trading Signal Scams
Trading signal scams are another common scam that new traders fall prey to. These scams promise to provide traders with profitable trading signals that they can use to make money. However, the reality is that these signals are often unreliable, and traders end up losing money instead of making a profit.

Fake Trading Platforms
Fake trading platforms are another common scam that new traders fall prey to. These platforms promise to provide traders with a secure and reliable platform to trade on. However, the reality is that these platforms are often fraudulent and designed to steal money from traders. Some of these platforms may even ask for personal information, such as credit card details, which can be used for identity theft.

Investment Scams
Investment scams are another common scam that new traders fall prey to. These scams promise to provide investors with high returns on their investment in a short period of time. However, the reality is that these investments are often fraudulent, and investors end up losing their money.

Forex Scams
Forex scams are another common scam that new traders fall prey to. These scams promise to provide traders with high returns on their investment in the foreign exchange market. However, the reality is that these returns are often exaggerated, and traders end up losing their money.

There are so many scams out there that are designed to take advantage of new traders it can be difficult to keep track of them all. These scams can be very convincing, and it can be difficult for new traders to recognize them. The best way to avoid falling prey to these scams is to do your research, only invest in legitimate trading platforms and investments, become a member of a vibrant trustworthy trading community. Always be wary of any promises of high returns with little to no risk. Remember, if it sounds too good to be true, it probably is.

Take our 1 Week Free Trial and you'll never look at trading the same way again.

To begin the journey and claim your 1 Week Free Trial in our Live Trading Room, visit MyTradingIQ.com. If you use TradingView, we'll enable the Indicators for you on TradingView and other platforms for 5 consecutive trading days. You'll have access to the Live Room 2 hours a day, full use of all of our resources, around the clock support, one on one mentoring, and much more.

Read the CFTC Risk Disclosures and CFRN Disclaimers before starting the trial. You can begin the trial any day of the week or weekend. You'll still get 5 consecutive Trading Days.

Common Scams New Traders Fall Prey To / TradingView

Why Professional Traders Still Rely On Support And Resistance

In the world of trading, there is a constant stream of new tools, strategies, and indicators that promise to provide traders with an edge in the market. However, despite this constant influx of new ideas and techniques, professional traders continue to rely heavily on the tried and tested concept of Support and Resistance.

Support and Resistance are two of the most fundamental concepts in technical analysis, which is the study of market action through the use of charts and indicators. Support refers to a price level below which a particular asset is unlikely to fall, while Resistance refers to a price level above which an asset is unlikely to rise.

There are several reasons why professional traders continue to rely on Support and Resistance, even in a world where people tend to be infatuated with the latest and greatest magical indicator.

Firstly, Support and Resistance levels are based on the underlying psychology of market participants. Support levels occur when buyers are willing to step in and purchase an asset, believing that it is undervalued at that price. Resistance levels occur when sellers are willing to step in and sell an asset, believing that it is overvalued at that price.

These levels are based on the collective behavior of market participants, which is often driven by emotions such as fear, greed, and uncertainty. As such, Support and Resistance levels tend to be more reliable than indicators that are based on mathematical formulas or algorithms, which may not always take into account the underlying psychology of the market.

Secondly, Support and Resistance levels are easily identifiable on a chart, which makes them accessible to traders of all skill levels. Even novice traders can learn how to identify Support and Resistance levels and incorporate them into their trading strategy.

In contrast, some of the latest indicators and strategies can be complex and require a significant amount of time and effort to understand and implement effectively. This can be a barrier to entry for many traders, especially those who are just starting out.

Finally, Support and Resistance levels are versatile and can be used in a variety of trading strategies. They can be used to identify potential entry and exit points, as well as to set stop-loss and take-profit levels.

For example, if a trader identifies a Support level on a chart, they may place a buy order near that level, with a stop-loss order just below it. This allows them to limit their potential losses if the market moves against them.

Alternatively, if a trader identifies a Resistance level on a chart, they may place a sell order near that level, with a stop-loss order just above it. This allows them to limit their potential losses if the market moves against them.

While there is no shortage of new and innovative trading tools and strategies, professional traders continue to rely heavily on the concept of Support and Resistance. These levels are based on the underlying psychology of the market and are easily identifiable on a chart, making them accessible to traders of all skill levels. Moreover, they are versatile and can be used in a variety of trading strategies. As such, Support and Resistance are likely to remain a cornerstone of technical analysis for many years to come.

Take our 1 Week Free Trial and you'll never look at trading the same way again.

To begin the journey and claim your 1 Week Free Trial in our Live Trading Room, visit MyTradingIQ.com. If you use TradingView, we'll enable the Indicators for you on TradingView and other platforms for 5 consecutive trading days. You'll have access to the Live Room 2 hours a day, full use of all of our resources, around the clock support, one on one mentoring, and much more.

Read the CFTC Risk Disclosures and CFRN Disclaimers before starting the trial. You can begin the trial any day of the week or weekend. You'll still get 5 consecutive Trading Days.

Why Professional Traders Still Rely On Support And Resistance

Learning How To Trade Is A Life Skill No One Can Ever Take Away

On today's episode we got into a long conversation with Garrett on his macro view of the S&P Cash Index. We did have time for 30 minutes of Live Trading on the TradingView platform. Tomorrow's broadcast will delve into Trading as a Life Skill and why it's so important!

Take a 1 Week Free Trial at My Trading IQ.

Be sure to read all CFTC Risk Disclosures and CFRN Disclaimers before taking the Trial.

Trading Is A Life Skill No One Can Ever Take Away

Learn How To Scalp Any Market - Any Time Frame w/ TradingView

Investing, day trading, and scalping are all strategies used by individuals to earn profits in financial markets. However, each strategy is distinct and requires different skills, knowledge, and time commitment. In this article, we will explain the differences between investing, day trading, and scalping.

No matter which category you currently fall in, you can easily become the Trader you've always dreamed of using TradingView and the TIQ Indicator offered by MyTradingIQ.com.

Investing:

Investing is a long-term strategy where individuals purchase assets such as stocks, bonds, and real estate with the goal of generating returns over an extended period, typically five to ten years or more. Investors analyze a company's financial health, its management team, and its growth prospects before buying its stock. They make informed decisions based on fundamental analysis, which involves studying a company's financial statements, industry trends, and economic conditions.

Investors usually do not engage in buying and selling stocks frequently. Instead, they hold onto their investments for years, sometimes even decades, and benefit from the power of compound interest. Investing requires patience, discipline, and a long-term vision.

Day trading:

Day trading involves buying and selling securities within the same trading day, often multiple times a day. Day traders aim to profit from the intraday price movements of stocks, options, futures, and currencies. They use technical analysis to identify short-term trading opportunities and make quick decisions based on price charts and market indicators.

Day trading is a highly active and intense activity that requires traders to stay focused, disciplined, and emotionally stable. Day traders often use leverage, which magnifies both their gains and losses. Therefore, day trading is considered a high-risk, high-reward strategy that requires extensive knowledge and experience.

Scalping:

Scalping is a short-term trading strategy that involves buying and selling securities within seconds or minutes. Scalpers aim to profit from small price movements by taking advantage of market inefficiencies and imbalances. They use technical indicators such as moving averages, Bollinger Bands, and stochastic oscillators to identify short-term trends and enter and exit trades quickly. However, Traders are quickly learning that too many Indicators and Oscillators can lead to analysis paralysis.

Scalping requires a high level of focus, speed, and precision. Scalpers often use sophisticated trading platforms and algorithms to execute trades rapidly and efficiently. Scalping is a challenging and high-risk strategy that requires traders to have a deep understanding of market dynamics and trading psychology.

In conclusion, investing, day trading, and scalping are three distinct strategies used by individuals to make profits in financial markets. Investing is a long-term strategy that requires patience, discipline, and a long-term vision. Day trading is an active and intense strategy that requires traders to stay focused, disciplined, and emotionally stable. Scalping is a short-term strategy that requires speed, precision, and a deep understanding of market dynamics. Each strategy has its pros and cons, and individuals must choose the one that suits their goals, risk tolerance, and lifestyle.

Not sure what style is right for you?

We Have The Solution!
Combining the TradingView Platform and the TIQ Context. Test drive this amazing Indicator which works for the Investor, the Day Trader, and even the Scalper for 5 Trading Days by taking the Free Trial at MyTradingIQ.com.

You must read our CFTC Risk Disclosure and CFRN Disclaimer before taking the Free Trial.

Learn To Scalp Any Market / Any Time Frame w/ TradingView

S&P 500 Prints New All Time High

Thursday, December 15, 2021

Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or visit  https://YouTube.com/CFRN to see the Charts. There are over 1,800 daily shows archived on our YouTube channel.

Take a 1 Week Free Trial in our Live Emini Training Room at https://EminiTrainingSchool.com.

To become a lifetime member visit https://EminiFuturesTrading.com.

Questions?

Email Support@CFRN.net or call 949-42-EMINI in the U.S.

#sp500 #emini #futures #trading

TOPICS DISCUSSED ON THIS PROGRAM ARE THE OPINIONS OF OUR HOST AND GUESTS, NOT CFRN.

THIS   PROGRAM IS NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL ANY  SECURITY  OR FUTURES CONTRACT. TRADING IS RISKY AND NOT SUITABLE FOR ALL  PEOPLE.  YOU CAN LOSE ALL OF YOUR MONEY AND THEN SOME.

ALWAYS  CONSULT WITH  A LICENSED INVESTMENT OR MEDICAL PROFESSIONAL BEFORE  MAKING ANY  INVESTMENT DECISION. ALWAYS TRADE WITH A HARD STOP LOSS.

S&P 500 Emini Prints New All Time High

Have The S&P Emini Futures Found A Bottom?

Tuesday, December 14, 2021

Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or visit  https://YouTube.com/CFRN to see the Charts. There are over 1,800 daily shows archived on our YouTube channel.

Take a 1 Week Free Trial in our Live Emini Training Room at https://EminiTrainingSchool.com.

To become a lifetime member visit https://EminiFuturesTrading.com.

Questions?

Email Support@CFRN.net or call 949-42-EMINI in the U.S.

#sp500 #emini #futures #trading

TOPICS DISCUSSED ON THIS PROGRAM ARE THE OPINIONS OF OUR HOST AND GUESTS, NOT CFRN.

THIS   PROGRAM IS NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL ANY  SECURITY  OR FUTURES CONTRACT. TRADING IS RISKY AND NOT SUITABLE FOR ALL  PEOPLE.  YOU CAN LOSE ALL OF YOUR MONEY AND THEN SOME.

ALWAYS  CONSULT WITH  A LICENSED INVESTMENT OR MEDICAL PROFESSIONAL BEFORE  MAKING ANY  INVESTMENT DECISION. ALWAYS TRADE WITH A HARD STOP LOSS.

Have The S&P Futures Found A Bottom?

Wall Street Crash Leading to S&P 500 Emini Bottom?

Monday, December 13, 2021

Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or visit  https://YouTube.com/CFRN to see the Charts. There are over 1,800 daily shows archived on our YouTube channel.

Take a 1 Week Free Trial in our Live Emini Training Room at https://EminiTrainingSchool.com.

To become a lifetime member visit https://EminiFuturesTrading.com.

Questions?

Email Support@CFRN.net or call 949-42-EMINI in the U.S.

#sp500 #emini #futures #trading

TOPICS DISCUSSED ON THIS PROGRAM ARE THE OPINIONS OF OUR HOST AND GUESTS, NOT CFRN.

THIS   PROGRAM IS NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL ANY  SECURITY  OR FUTURES CONTRACT. TRADING IS RISKY AND NOT SUITABLE FOR ALL  PEOPLE.  YOU CAN LOSE ALL OF YOUR MONEY AND THEN SOME.

ALWAYS  CONSULT WITH  A LICENSED INVESTMENT OR MEDICAL PROFESSIONAL BEFORE  MAKING ANY  INVESTMENT DECISION. ALWAYS TRADE WITH A HARD STOP LOSS.

Wall Street Crash Leading To Emini Futures Bottom?

Now Millions Of Traders Can Do This

Friday, December 11, 2021

Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or visit  https://YouTube.com/CFRN to see the Charts. There are over 1,800 daily shows archived on our YouTube channel.

Take a 1 Week Free Trial in our Live Emini Training Room at https://EminiTrainingSchool.com.

To become a lifetime member visit https://EminiFuturesTrading.com.

Questions?

Email Support@CFRN.net or call 949-42-EMINI in the U.S.

#sp500 #emini #futures #trading

TOPICS DISCUSSED ON THIS PROGRAM ARE THE OPINIONS OF OUR HOST AND GUESTS, NOT CFRN.

THIS   PROGRAM IS NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL ANY  SECURITY  OR FUTURES CONTRACT. TRADING IS RISKY AND NOT SUITABLE FOR ALL  PEOPLE.  YOU CAN LOSE ALL OF YOUR MONEY AND THEN SOME.

ALWAYS  CONSULT WITH  A LICENSED INVESTMENT OR MEDICAL PROFESSIONAL BEFORE  MAKING ANY  INVESTMENT DECISION. ALWAYS TRADE WITH A HARD STOP LOSS.

Now Millions Of Traders Can Do This

S&P 500 Emini Futures Live Day Trading

Thursday December 09, 2021

Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or visit  https://YouTube.com/CFRN to see the Charts. There are over 1,800 daily shows archived on our YouTube channel.

Take a 1 Week Free Trial in our Live Emini Training Room at https://EminiTrainingSchool.com.

To become a lifetime member visit https://EminiFuturesTrading.com.

Questions?

Email Support@CFRN.net or call 949-42-EMINI in the U.S.

#sp500 #emini #futures #trading

TOPICS DISCUSSED ON THIS PROGRAM ARE THE OPINIONS OF OUR HOST AND GUESTS, NOT CFRN.

THIS   PROGRAM IS NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL ANY  SECURITY  OR FUTURES CONTRACT. TRADING IS RISKY AND NOT SUITABLE FOR ALL  PEOPLE.  YOU CAN LOSE ALL OF YOUR MONEY AND THEN SOME.

ALWAYS  CONSULT WITH  A LICENSED INVESTMENT OR MEDICAL PROFESSIONAL BEFORE  MAKING ANY  INVESTMENT DECISION. ALWAYS TRADE WITH A HARD STOP LOSS.

S&P 500 Emini Futures Live Day Trading

S&P 500 Emini Futures Day Trading - LIVE

Wednesday, December 8, 2021

Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or visit https://YouTube.com/CFRN to see the Charts. There are over 1,800 daily shows archived on our YouTube channel.

Take a 1 Week Free Trial in our Live Emini Training Room at https://EminiTrainingSchool.com.

To become a lifetime member visit https://EminiFuturesTrading.com.

Questions?

Email Support@CFRN.net or call 949-42-EMINI in the U.S.

#sp500 #emini #futures #trading

TOPICS DISCUSSED ON THIS PROGRAM ARE THE OPINIONS OF OUR HOST AND GUESTS, NOT CFRN.

THIS   PROGRAM IS NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL ANY  SECURITY  OR FUTURES CONTRACT. TRADING IS RISKY AND NOT SUITABLE FOR ALL  PEOPLE.  YOU CAN LOSE ALL OF YOUR MONEY AND THEN SOME.

ALWAYS  CONSULT WITH  A LICENSED INVESTMENT OR MEDICAL PROFESSIONAL BEFORE  MAKING ANY  INVESTMENT DECISION. ALWAYS TRADE WITH A HARD STOP LOSS.

S&P 500 Emini Futures Day Trading - LIVE