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#Crypto #amateur #users I am writing here now cause i want to explain some people who are amateur or hurry according to crypto trading prices
๐I cant answer to you when to close your possition exactly,that depends on how much money you trade and what kind of person u r!
Usually you have to close ur possition before you get liquiated.Better to lose half than all
You always have a stop loss around previous high if u r short or in previous low if u r long.
๐According to my self when i am taking risky trades x100 or x125 usually i dont trade more than 150$-200$ and usually i have stop loss near my liq price.
๐จBut when i have a possition on trade about 5k or more then i always have stop loss in the previous high, also i always getting short trade in the resistance and not in the support level(there is big difference) and i never use more than x20 leverage
๐One more which i want to say is that,when i make a prediction about prices that doesnt mean the target will come after 5 minutes or 1 hour.
๐ฅWeekly prediction are long term,maybe months
๐ฅ12 hourly predictions can take hours,days even week
๐ฅ4 hourly predictions can take hours even days
๐ฅ1 hourly can take some hours or day
๐ฅ5min & 15min predictions can take hours
๐ฅ๐ฅAlso there are some people who wait only to watch when you will get liquiated and start make stupid comments for 1 or 2 trades unsuccessful,
to those people i have to say not follow me and make their own analisys and trade.
They are people i think who lost a lot of money and they wait to get satisfied see people get liquiated & not to feel alone in their losses.
๐ฅ๐๐๐I have money to trade so even if i lose sometimes for me is not a problem.
I can trade as i want and how much i want and dont need nobody follow my strategy if thinks that is not good analisys.
All traders lose, if u dont lose, some others wont win. Thats the "game"
If you dont lose, you dont learn.
๐จ Always when i give info about a trade, im always the 1st who getting into(short or long) and always show you my entry here