GERADE EINGETROFFEN: In den letzten 60 Minuten wurden 110 Millionen US-Dollar vom Kryptowährungsmarkt liquidiert.

$BTC Update..!

Ich habe heute Morgen mit meinem R/R-Setup von 1:4 500 % Gewinn gemacht.

Jetzt hat BTC die Nachfragezone 59.079 erreicht und wurde wie von mir vorhergesagt abgelehnt.
Diesmal muss ich wieder warten, um die Reaktion von #bitcoin zu sehen.

Ich wünsche allen einen guten Handel. Danke,

EIN ANDERER ROTER TAG IST GEKOMMEN...!

Ihre Pflicht als Händler besteht darin, geduldig zu sein und Ihre Regeln zu befolgen, und nichts weniger.

To use profitably one trading system, does not mean that there are no other trading systems that make money for their users.
Indicators are lagging.
Moving averages don’t work.
Fibonacci levels are for amateurs.
Elliott waves do not make any sense.

I have heard traders saying these things so many times. I have probably used similar words in the past myself. Being a price action trader myself and not using indicators or having failed in using indicators does not give me the right to say that indicators can’t form a profitable trading strategy. Not understanding how a certain tool works does not give you the right to dismiss its value.

Traders commonly make the mistake of taking something for granted when they shouldn’t and this act forms an unprofitable trading bias, which is very hard to eliminate.

No matter how much evidence you have for or against something, never underestimate the possibility of being wrong. There is always a chance to experience a black swan moment (low probability event) at some point in your life. And if you have never believed that black swans exist, then you will probably wake up surprised one morning. Everything can work some of the time, but nothing works all of the time.

Traders tend to get an ego boost after every profitable streak.

Learn how to eliminate emotional swings and you will become a master trader. Do not look for strengths outside of you but look deeper into your trading psyche and search for moderation.

Do as Seneca has said, “What a wonderful privilege, to have the weaknesses of a man and the serenity of a god!”1 Be humble and the results will follow.

If your trading strategy works only 75% of the time, stop complaining and start embracing it.
Your thinking should not be, “If only my strategy worked 100% of the time.” Instead, you should be thinking of how to make your strategy make money even if it was working only 50% of the time. Your risk/reward ratio is what you should focus on.
The job of the trader is not whining but winning!

Trading experience peaks motivation when something is not too hard or too easy, but just about the right level of difficulty. Therefore, make sure that you are motivated just the right amount about trading if you want to last in this field.

$BTC Update ...!

Meine Vorhersage zum großen Trend war richtig..! wie in meinem alten Beitrag zu sehen.

Jetzt habe ich eine Short-Position bei 62K eröffnet. Nach dem Ausbruch von #bitcoin , der bei 62K unterstützt, wird $BTC bald die Nachfragezone bei einem Preis von 59K erreichen.

- Keep trading needs separate from your personal needs and take care of both.
- Don’t try to get even after a losing streak.
- Always keep an open mind for the possibility of losses in trading and do not get too comfortable with any trade.
- If you are in a long-term profitable trade, do not get carried away with it and let it reverse back and eat away all profits, take some profits off the table.

Management of Mindset & Confidence comes from ✨✨✨🚀

- Having a Mentor
- Proven Edge
- Repetitions
- Consist actions
- Focus

We achieve confidence through back testing, executing and journaling.

TRADER SHOULD THINK OUT OF THE BOX ✨👍

Before entering a trade, I tend to use the same logic. I try to pretend I do not see the favourable trading environment and focus instead on what could go wrong.

Unsuccessful traders often concentrate on only the things that makes sense. Everything else that is beyond their grasp tends to get classified as non-essential things. Instead, they should classify that as the “things that could prove me wrong” and prioritize it before anything else.

Seek only the trades that show you the full view with their risks and rewards. Avoid anything in-between, especially the blind spot of seeing only the good things and don’t forget that a house should be viewed in the winter when there is nothing blurring your view.

TRADER SHOULD ALWAYS LEARN SOMETHING NEW 🌞🌞⭐

Traders should not be worried about testing new strategies if they have not found one that works for them yet. What you should be most cautious about is not trying hard enough and being resentful in the future for doing what everyone else does today. In this sense, inactivity is the highest risk of all.

Dear Traders,

After you analyze based on technical analysis, Don't forget to keep monitoring the fundamental analysis.

Today at 20:30, We have the "United States Fed Chair Powell Speech" Event talk about the U.S. economy and making decisions on the next interest rate that may affect the market.

HAVE A GOOD TRADER EVERYONE...!

Traders often wrongly believe that profitable trading is all about positive results and an endless winning streak. The more I have experience in trading, the more I have read about other traders, and the more I have talked with other profitable traders, the more I have come to realize that every success holds within itself a failure.

To reach great results, you need to be positioned correctly. By positioned correctly I mean that you should not over-leverage yourselves and have enough courage to make the right decision even if it is considered wrong by the majority.

It is usually the one who is at a disadvantage that will pick the lucky card. Because a winning streak starts as a losing streak ends.

Asking if a long-term trading strategy is better than a short-term trading strategy just doesn’t make sense. You should take a step back and ask yourselves the question: What strategy would better suit your own life? By “life” I mean your lifestyle, your habits and your character. Nobody can answer this question but you. As Zig Ziglar says, “You don’t have to be great to start, but you do have to start to be great.”So, get started.

$BTC : Time to Recover?!🚀

- (Hour Time Frame):#bitcoin is confirmed CHange of Character (CHoCH) and indicates a bullish reversal.

- #bitcoin breakout the resistance line (62,400), becomes the support line and then pulls back (retest).

- The market may start recovering and reach the 66000 level soon.

Great traders know that there are no perfect patterns. There are no perfect strategies.

The great trader knows that to achieve great success one needs to show consistency on the losing days. Losing days hurt you more than winning days make you happy, but they are equally important.

Slow days are there to just keep you in the market and focused on price action and risk, so they are even more needed than profitable days. They are there to remind us how important trading discipline is.

Anyone can have a great winning day. Ultimately, it is all about maintaining the balance and knowing when to stop when you are going through a bad day.

Great traders know that principle too well and are skillfully balancing between winners and losers in a coordinated fashion that differentiates them from mediocre traders, who can’t see why controlled losing is so important in order to reach consistent trading results.

#psychology

IF YOU CANNOT DECIDE, THE ANSWER IS NO ✨✨✨

- Have you ever faced a difficult trading choice, such as?... Should I go short because my trading indicator says so? Should I go long because price action is showing a bullish formation?

- Should I double down my exposure?

- Should I just take profits and not follow my trading strategy, because I am already in profits?

If you can’t decide what to do next, the answer to these and similar questions is no. The reason is that there are so many opportunities that markets are offering daily that you should only pick the ones that check all of your boxes. Don’t take unnecessary risks, because good decisions usually come to us naturally. When this happens, you will know that this is the right thing to do.