I’m a psychologist who advises day traders. Here’s why many struggle and what I recommend they do differently.
This discussion draws from insights shared by psychologist Andrew Meneker, a day trading coach based in San Francisco. The text has been edited for brevity and clarity. To begin with, I never intended to become a coach specializing in trading psychology. Actually, years back, my knowledge of the market was nearly non-existent—my college experience included […]
XRP Update: Uncertainty Over ETF Timing Leaves XRP Traders Anxious
The iShares BTC Trust (IBIT) and iShares Ethereum Trust (ETHA) lead the way in the crypto spot ETF market. This emphasizes BlackRock’s notable presence in the XRP spot ETF arena. Nate Geraci, president of Nova Dius Wealth, recently shared his thoughts on the future of the iShares XRP Trust application. “I am quite confident that […]
GBP/USD remains stable above 1.3550 as traders anticipate UK GDP and US PPI data.
GBP/USD remains steady near 1.3575 during Thursday’s Asian session. The UK’s unemployment rate has climbed to 4.7%, the highest in four years, amid economic downturn. Attention will be on the UK Q2 GDP report and the US PPI data for July later on Thursday. During the Asian trading hours on Thursday, the GBP/USD pair is […]
Bitcoin reaches all-time high as traders anticipate liquidations will push BTC past $125K
Bitcoin Hits New All-Time High On Wednesday, Bitcoin (BTC) surged beyond $123,231 at Coinbase, setting a new all-time high. This increase in Bitcoin’s value occurred just one day after the US Consumer Price Index (CPI) report showed inflation stabilizing at 2.7% year-on-year. The data reflected a 0.2% rise in overall CPI, compared to a 0.3% […]
Ether moving closer to record highs as traders anticipate $13K ETH price
Key Highlights ETH prices increased by 10% today, approaching a historic high of $4,867. More than $2.3 billion is set to flow into Ethereum ETFs over the next six days. Some traders suggest ETH could climb as high as $13,000 if it enters a price discovery phase. On Wednesday, Ether (ETH) surpassed the $4,600 mark, […]
Stocks remain mostly stable at the start of the week as traders anticipate CPI data: Live updates
US Stock Market Update On June 23, 2025, traders were busy on the floor of the New York Stock Exchange during a typical morning session in New York City. US stock prices barely moved early Monday, while the market hit another all-time high just before a significant inflation report due this week. The Dow Jones […]
Australian Dollar shows minimal changes as traders stay cautious before the RBA decision.
Market Update: Australian Dollar Challenges Ahead The Australian dollar may encounter difficulties as the Reserve Bank of Australia (RBA) is expected to announce a 25 basis point rate cut this Tuesday. China’s consumer price index remained at 0% year-on-year in July, contrasting with market expectations of -0.1%. With recent US economic data showing signs of […]
Bitcoin could clear $18B with a 10% price increase as traders anticipate $120K next.
Bitcoin Surges to New August Highs Bitcoin hits new highs in August as short positions face losses. Some predict an initial dip could lead to a rise to $120,000. The CME gap at $116,500 is being watched closely for potential movement. As the end of a “decisive” week approached, Bitcoin (BTC) was nearing $119,000, and […]
US Dollar Index shows slight increases above 98.50 as traders look forward to the new Fed Governor.
The US Dollar index is expected to hold around 98.80 during Wednesday’s Asian trading session. Trump has taken Scott Bescent off his list of nominees and will announce a new Federal Reserve Chairman soon. Traders are likely to anticipate a Federal Reserve rate cut in the near future. The US Dollar Index (DXY), which measures […]
Ether may soar like it did in 2021 while SOL traders prepare for a 10% decline.
Welcome to Trade Secrets, where we dive into future predictions for the coming months and years, complete with price forecasts for Bitcoin and Ether from leading analysts, along with explorations of options data and sentiment analysis. “XRP Could Reach $7.50 if Momentum Holds By August’s End” XRP seems poised for a significant rise, with predictions […]