Kidney Disease, Poverty, and Jail Time to Going All In On the Markets · Christian Carreon

Trending videos top searched Trading Rules, Range Trading Strategy, and Bollinger Bands Downtrends Strategy, Kidney Disease, Poverty, and Jail Time to Going All In On the Markets · Christian Carreon.

EP 254 | Kidney Disease, Poverty, and Jail Time to Going All In On the Markets | Christian Carreon

Growing up poor with kidney disease as an immigrant from Mexico, Christian Carreon’s trauma with health issues and family financial instability resulted in the drive and hunger for financial success and security through redemption in the markets. Despite suffering through physical and emotional pain from his condition, his spirit and determination remained strong. He dove deep into the markets and after trial and error, eventually honed down and refined his systematic approach to a “trading boxes” strategy.

As an avid student of chart history, he gets comfortable with specific price setups which give him the confidence to go “all in”. Lacking basic day to day health impresses upon him the importance of being grateful in everything he does.

In addition to trading using the mentioned “box” strategy, Christian is also the founder of Create Wealth Management where he applies a modified version of that strategy. He also started a private group called Paradigm Shift Trading.

• NEED ACCOUNTABILITY IN YOUR TRADING JOURNEY? LEARN ABOUT THE TRADERS ACCOUNTABILITY PROGRAM BROUGHT TO YOU BY THE CWT COMMUNITY: https://community.chatwithtraders.com/

Topics & Timestamps:

Please note: Exact times will vary depending on current ads.

0:00 Background
5:00 Recovery process after a Kidney transplant
7:45 Attitudes towards financial literacy in Mexico
9:45 Parents’ sacrifices and the Great Financial Crises
13:38 Motivations after getting out of jail
15:35 Getting into trading
18:18 How did he turn losses into profits
20:20 Sharing trading experiences with the family
22:00 Types of strategies used before becoming profitable
23:50 Current strategy involving boxes
29:15 Examples of periods of consolidation
30:35 How to determine levels of support and resistance
35:22 The longer the consolidation, the bigger the price movement
39:26 Fear around position sizing
44:38 Repetition of price action creates the comfort to go “all in”
47:17 Incredible returns
50:30 What does a Bear market bottom look like?
53:25 Why financial advisors don’t trade the trends
56:10 What he struggles with the most
60:00 Waiting for a kidney donor
63:40 Sharing inspirational quotes

See more show notes here:
https://chatwithtraders.com/254

Links & Resources:
– @Trading_Boxes [twitter]

• NEED ACCOUNTABILITY IN YOUR TRADING JOURNEY? LEARN ABOUT THE TRADERS ACCOUNTABILITY PROGRAM BROUGHT TO YOU BY THE CWT COMMUNITY: https://chatwithtraders.com/community/

DISCLAIMER:
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice.

#systematictrading #trendtrading #daytrading #stocktrading

Bollinger Bands Downtrends Strategy, Kidney Disease, Poverty, and Jail Time to Going All In On the Markets · Christian Carreon.

Forex Trading With Bollinger Bands – 3 Things To Search For In A Successful Trade

There are other indications, and all have their strengths and disadvantages. There are, naturally, a great deal of traders out there who are using much cleverer techniques than “Buy and Hope”.

Kidney Disease, Poverty, and Jail Time to Going All In On the Markets · Christian Carreon, Get interesting updated videos relevant with Bollinger Bands Downtrends Strategy.

Bollinger Bands And How To Use Them To Forecast Market Movement

The second lot should be lined up with the technical elements of the trade something like the range width. Then they target the severe band in the direction of the daily pattern. The first lot should have a limit of 20 pips.

At the moment EUR/USD is moving practically in line with the US stock market. The S&P increases, the Euro goes up vs the US dollar. The S&P decreases, the Euro goes down. This relationship will not last forever, however that is among the significant themes presently in play for EUR/USD.

Identifying a trending market with Bollinger Bands is extremely easy. If the market is trending up, rate will walk up the upper band. Cost will walk down the lower band if the market is trending down.

Scalpers frequently take part in multiple trades each day. Some traders perform numerous trades and make profits with ease. Don’t stress, I will teach you the technical knowledge of scalping the market. Scalps are executed in the direction of the current trend of the Forex market. You can’t flee from the fact that the “trend is your friend” if you do not know the pattern of the market, don’t put any order.

Trading is not as simple as clicking buy and offer, there is a lot Bollinger Bands Trader include. A strong service strategy will offer a frame work that will direct you with the aspects required for a successful profession in trading.

The NASDAQ seems bullish for the a lot of part however there are some vulnerable points to take an appearance at also Bollinger Bands . The Relative Strength of the NASDAQ exchange is strong and might show gains. The index is over its last pivot point of 2332.95. It is likewise over its twenty and fifty day moving averages.

You likewise require to time your trading signal – On both the above approaches you require to make certain you get the chances on your side, you require to check momentum prior to you enter the marketplace. You need to utilize some momentum oscillators to get make sure you have cost speed in your corner.

Getting in the trading profession can be a difficult journey for many individuals. Trading is among the most difficult professions that you can choose. You will absolutely delight in the feeling of achievement if you enjoy the obstacle. Trading is 30% mechanical and 170% psychological. 200% is needed to end up being a successful trader. Best of luck and finest of trading.

I try to opt for the trend and identify the path of least resistance is where I want to be. In easy terms, it is the amount of rate change measure with time. Timings make a lot of difference in currency trading.

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