Mercantilist (French: mercantilist, from Italian: mercante – trader, merchant)
I have been in trading since 2009. I mostly sell American futures.
Since 2013, I have been running a LiveJournal https://mercantil-ist.livejournal.com, where I have been publishing my trades and my thoughts on trading since then. Now everyone is on the Mercantilist.Trade forum
Logical trading. Speculative trading on the stock exchange.
From 10.02.2014 online, for 5 months, he conducted public trading through the display of the screen, on Skype. The forum on which publicly posted deals and the result of online trade, in addition to LJ - volumetrade.pro . Later, after improving his approach, he also traded publicly for a short time. Below is part of the video of this trade on my channel.
Since 2020, the main work, trade is carried out by a trading robot, under my control.
Below are links to my resource profiles, blogs that I communicate most often.
Mercantilist.Trade Forum
Logical trading. Speculative trading on the stock exchange.
Smart-Lab.ru
Mikhail Mercantilist: profile on smartlabe
https://www.youtube.com/@Mercantilist.Trader
Mercantilist. Trading. Method of trading. Transactions.
https://vk.com/video/@levelsmercantilist
https://t.me/trading_mercantilist_trade
https://mercantil-ist.livejournal.com
https://www.facebook.com/mercantilisttrading.method
https://www.instagram.com/mercantilist.trade
Michael Mercantilist has verified statistics. Mikhail provides independent confirmation of the results of trade through the independent monitoring service MyFxBook.
https://www.myfxbook.com/mercantilist-trade-copytrading1-fxpro/
https://www.myfxbook.com/mercantilist-trade-pamm1-vantage/
Details:
https://copy-trading.mercantilist.trade/monitoring-schetov/
The referral scheme does not generate Michael Mercantilist's income. Due to positional trade, not scalping, commissions from referrals are small. And most importantly, it is the profitable trade of Mikhail Mercantilist, which can be checked with the help of independent monitoring of MyFxBook, determines income. Only the trading result determines the income, profit in the results of Michael Mercantilist.
Michael Mercantilist 's approach to trading, to speculative trading.
The full article about my approach is on my forum and is available at the link
https://mercantilist.trade/
Below is a summary of it
Logical Trading
1. Theoretical part
- Mindfulness and critical thinking
- Trading requires mindfulness, but awareness alone is not enough.
- The market is created by people, not the Higher Powers. Price movements are predictable through the actions of participants, not through indicators, news, or “randomness.”
- It is important to question everything and come to the understanding that drives the price.
- Reason for the price change
- The price is changing because of interaction of market orders and limit applications:
- Market purchases shift the price to limit sales.
- Market purchases shift the price to limit sales.
- The reasons why participants buy or sell are secondary. The main thing is collective actions of buyers and sellers, not their motives.
- The price is changing because of interaction of market orders and limit applications:
- Emotions of participants
- The main emotions in the market – fear and greed.
- Even robots created by humans are based on these emotions through algorithms.
- Analyze enough his psycheto understand the actions of the market.
- Collective analysis
- All participants are divided into two groups: buyers and sellers.
- To predict the price, you need to analyze actions of these two groups, not individual trades.
- Cyclical transactions
- Each transaction has two stages: opening and Closing.
- Closing the deal also leads to price movement.
- The participants’ emotions create cycles: impulse → correction → the next impulse.
- Criticism of "light systems"
- Simple indicators and grails do not take into account the real actions of the participants, so the result is often random.
- This system must provide insight cause-and-effect relationships at each point in the market.
2. The practical part
Protective stop is needed for force majeure and errors, but the main control is through the analysis of participants.
Visualization of participants
There is no “right timeframe” on the market – there are consistent purchases and sales that form waves of buyers and sellers.
Bars and candles are only a visual form, not a market entity.
Price movement and volume
In the market, money flows from one participant to another.
The increased volume indicates loss of one party and profit of the other.
By analyzing the volume relative to the waves, it is possible to determine who earned and who lost, and to predict further movement.
Impulses and Corrections
All market movements are either:
The impulse → the next impulse
Pulse → normal correction → impulse
Pulse → normal correction → impulse
“Trends” and “flets” are not needed as separate categories.
Effort of participants
Effort = dominance of one side.
We analyze the last two impulses to determine the frame of the movement and the likely zones of action of the participants.
Scenarios of Action
After the pulse, a correction appears, then a possible new impulse.
The efforts and actions of the participants create signals for opening and closing transactions.
Transactions are opened and closed by events, not by means of a signal or indicator.
Stop and Profit
Closing the deal = entry in the opposite direction.
Stop and take are not fixed, but based on volatility and current conditions.