What is Zen trading?
Zen traders, as I am going to define them here, know many different trading styles and methods. But they all have these two characteristics in common:
Zen trading means using a relaxed, automated, and or natural way of doing a trade or an investment. Going with the flow is usually not only convenient, but also extraordinarily rewarding.
- Zen trading does not mean some esoteric way of predicting the future.
Let's start with two of these methods. They happen to be the bread and butter of a Zen trader:
The Zen system for short-term traders of all markets. This is also the more elaborated system for getting safely on board of a long-term trend as a replacement of the simple but robust system of the investo-trader method below:
The Zen system for "investo-trading" the stock market. Works also well for cryptocurrencies.
Darvas + Livermore = The Trend Investor
Does Zen trading mean that you have to know it better than others most of the time? No, Zen traders need quite some trades to enter some huge winners. They are no wizards. They just look to others as if they were.
And here it comes:
You can also subscribe to my TauTrader newsletter for rethinking the whole thing and staying open minded, which is part of the whole Zen trading process:
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Long living market sync for you,
Crypto is starting again
Bitcoin shows resilience despite all regulatory crackdown threats. See the bitcoin weekly and 2-hour chart. Note that the jump in the intraday chart was partly ignited by the news that Amazon would accept crypto payments in a few month or a year. The news was denied one day later by Amazon saying that they are […] -- read more
Illusion of the Martian face – for chartists!
Many years ago the Viking exploration of Mars found first signs of extraterrestrial life while orbiting the planet and taking pictures! Years later, with a different position of the sun and a greater resolution of the camera, the human face seemed to have almost vanished. Or had the alien just grown old? No, humans are […] -- read more
Bitcoin becomes real money
The current state of cryptocurrencies is ambiguous. Coming from a high of about $65,000, bitcoin (weekly chart of the last 3 years below) has fallen by 50%. Before that it made an advance of 100,000,000% in about 10 years. Really! That’s no mistake. One dollar would have become one million dollars in ten years. Weighing […] -- read more
Bitcoin: Stock market correlation or restarting hype?
Bitcoin shot up impressively to pre-corona levels. Is the hype back now? Two weeks after the stock market started to react to the corona virus, correlation between stock and crypto markets suddenly increased and bitcoin experienced a dramatic crash. The safe haven status that bitcoin enthusiasts liked to proclaim got severely shattered. A free fall […] -- read more
Libra – freedom made by Facebook
Facebook just announced the “Libra”, a new stable coin and sort of an international payment vehicle selflessly designed to help the underbanked of the world. It shall be backed by a basket of real currencies and be usable via Facebook’s social media portals. How will this affect the existing financial world? Astonishingly Facebook seems to […] -- read more
The Bitcoin hype is back
Now there are all gates open for the next run to $100.000. Of course, it will not shoot up directly to the moon, but rather meander more often up than down and drive traders dizzy! But not us, see below… After the first attempt twelve weeks ago and then the astonishing outbreak from $4000 about […] -- read more
Is this the beginning of the next fear phase?
The fear indicator VIX spiked on the latest Trump tweets made to torpedo the negotiations with China or made to put them back on track, as he may put it. The VIX doesn’t look hefty at the moment, but if this extends into a new cascade of bluffing, misunderstanding, and threatening, we may finally see […] -- read more
Bitcoin tries a restart
After a long slump comes finally the next attempt. Will this restart lead straight to old highs? Probably not, but… …nonetheless it could be traded. Always try to get in early when the time comes, but be prepared to get shaken out. Retry and eventually you will be on board for the long run and […] -- read more
Bitcoin is on the brink of dropping
Bitcoin slipped during the last night some percent lower and revived interest after a phase of lowest volatility, albeit in the wrong direction. See the daily chart below including the glory highs of 2017. Many investors having an interest in strong crypto markets are touting bitcoin since month as forming a bottom, even a classic […] -- read more
Dogecoin shows relative strength
Dogecoin, a so called altcoin, fights against the downslide of the general cryptocurrency market. Upper charts are Dogecoin and lower are Bitcoin for comparison. The daily chart at the right shows an upshot of about factor three in about two weeks. The relative strength seems to be caused by Yahoo Finance. They announced that Dogecoin […] -- read more