Observing trends beyond the short term while trading futures is only possible with low leverage. 📉
In other words, it is only possible when the leverage is around x2-x3. 📊
If you set the leverage to x5 or more, you must trade while taking profits through day trading. 💹
I think the 1W chart is an important chart for checking trends in spot trading. 📈
Therefore, unless it is day trading, I think it is better to trade according to the trend of the 1W chart. 🔄
However, for actual trading, it is recommended to look at the 1D chart. 📅
This is because you can check the detailed split transaction points. ⚖️
I believe that winning or losing in trading is determined by how stable your psychological state is. 🧘♂️
Therefore, no matter how low the price you purchase, as the price rises, your psychological state may become excited or anxious, so split trading is necessary to stabilize this psychological state. 💼
If it takes a long time to stabilize your psychological state, you may end up making erroneous transactions, so you should try to stabilize your psychological state as quickly as possible. ⏰
What we can do now is how to stabilize our psychological state from around December 20th to around December 25th, when BTC's next period of volatility begins. 🗓️🚀
#Bitcoin/USDT. #DayTradingTips #PsychologyinTrading #NFP #BinanceWish
