Disparities in the current market price between a novice and an experienced trader
The market has a propensity to go against your expectations, even if you have a confirmation of 80% beyond your initial estimates. At times, it might trick you into believing that this is the case.
In this case, we will determine how novice and seasoned traders create their trading strategies, assuming they have any.
Although they may have distinct strategies, traders A and B may be thinking the same thing and both wish to profit from market movement.
Trader A is considering using 25%–100% of his total capital as maximum leverage for a short trade today.
The market's price activity is what Trader B is anxiously awaiting, and he won't act until additional confirmations show up. He has also developed the kind of trading activity he will take while keeping this in mind. He will employ 5x leverage, set a stop loss and target profit levels, and open a long trade on the potential retracement that is closest to the bottom of a token. His margin will be between 0.25% and 2% of his total capital.
Who do you believe to be the experienced and novice trader?
The creation of a newer supply zone by $MANA increases the likelihood that this next price action will occur.
After a big climb, the price may appear to weaken or stabilize in the MANA supply zone. Once its barrier is retested, the existing bearish wicks will continue to produce even more. However, this information is the sole focus of our comprehension of the nature of the upcoming price action of MANA. Therefore, there is a chance that this altcoin will continue to move in a range market environment in the near future.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
