LIVELes_Paul77
@Les_Paul77
I am trading for living, not live to trade.
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Hi, just want to share some tips how to face a loss in trading.
Facing losses in crypto trading can be challenging, but it's essential to stay composed and approach it with a clear strategy. Here I share 7 things you must consider :
1. Acceptance : Acknowledge that losses are a natural part of trading. Understand that even experienced traders encounter losses.
2. Review : Analyze what went wrong. Was it due to a market shift, a mistake in analysis, or emotional decision-making?
3. Adjustment : Modify your trading strategy based on what you've learned. This might involve setting stricter risk management rules, diversifying your portfolio, or refining your technical analysis skills.
4.Emotional Control : Don't let emotions drive your decisions. Stick to your trading plan and avoid impulsive actions fueled by fear or greed.
5. Risk Management : Always use stop-loss orders to limit potential losses and protect your capital. Never invest more than you can afford to lose.
6. Educates yourself: Continuously educate yourself about the market, trading techniques, and risk management strategies. Knowledge is your best defense against losses.
7. Seek for support : Consider joining trading communities or seeking guidance from experienced traders. Sharing experiences and insights can help you navigate tough times.
Remember, losing trades are inevitable, but how you handle them can make all the difference in your long-term success as a trader.
#write2earn
Facing losses in crypto trading can be challenging, but it's essential to stay composed and approach it with a clear strategy. Here I share 7 things you must consider :
1. Acceptance : Acknowledge that losses are a natural part of trading. Understand that even experienced traders encounter losses.
2. Review : Analyze what went wrong. Was it due to a market shift, a mistake in analysis, or emotional decision-making?
3. Adjustment : Modify your trading strategy based on what you've learned. This might involve setting stricter risk management rules, diversifying your portfolio, or refining your technical analysis skills.
4.Emotional Control : Don't let emotions drive your decisions. Stick to your trading plan and avoid impulsive actions fueled by fear or greed.
5. Risk Management : Always use stop-loss orders to limit potential losses and protect your capital. Never invest more than you can afford to lose.
6. Educates yourself: Continuously educate yourself about the market, trading techniques, and risk management strategies. Knowledge is your best defense against losses.
7. Seek for support : Consider joining trading communities or seeking guidance from experienced traders. Sharing experiences and insights can help you navigate tough times.
Remember, losing trades are inevitable, but how you handle them can make all the difference in your long-term success as a trader.
#write2earn
#CKB I saw strong down movement. My simple analysis predicts to the price level before making upwards move. This is not financial advice Injust share my own thoughts.#ckb
#BitcoinHalvingTrends
Let’s we learn from the past…🤗
No one believe when someone said Bitcoin price passing $100, and they said is “a history has been made” And again Bitcoin price reach $1000 they said is a ATH,,😃 . Even when reach $10.000 they said the price will fall.. When reach $50.000 everyone afraid..🥺 And now has been reach $70.000. Believe it or not Bitcoin #BTC will reach $133.000 at the end of the year😎😎🚀🚀.
As long you in spot, everything is fine. And Hodl always win at the end.
#BullOnTheRun
#write2earn
Let’s we learn from the past…🤗
No one believe when someone said Bitcoin price passing $100, and they said is “a history has been made” And again Bitcoin price reach $1000 they said is a ATH,,😃 . Even when reach $10.000 they said the price will fall.. When reach $50.000 everyone afraid..🥺 And now has been reach $70.000. Believe it or not Bitcoin #BTC will reach $133.000 at the end of the year😎😎🚀🚀.
As long you in spot, everything is fine. And Hodl always win at the end.
#BullOnTheRun
#write2earn
#write2earn
BTC and ETC which one is your favorite? #ETC price is waiting to bullish movement for now. This is my analysis for short period of time. The price of ETC will rise to $28 and will back to $27 for some pull back. Check at 15m to 4H timeframe to make sure best buy position,, spot trding is recommended. Please remember re check the price action before buy. This is not fincil advise but you can think about it.
BTC and ETC which one is your favorite? #ETC price is waiting to bullish movement for now. This is my analysis for short period of time. The price of ETC will rise to $28 and will back to $27 for some pull back. Check at 15m to 4H timeframe to make sure best buy position,, spot trding is recommended. Please remember re check the price action before buy. This is not fincil advise but you can think about it.
Hi #Binance I have sugestion for your trading bot.
The trading bot on Binance is indeed solid and very accurate. I have experimented with using this very valuable facility. seems flawless for both beginners and professionals. However, for me there is one thing that is missing and very important, namely allowing you to change the bot settings while it is still running. For example, the price range, then the grid for this very good trading needs just one improvement that Trading Bots from other exchanges don't have, namely that we can shift each grid manually before starting. And what we forget most is that funds from every profit obtained from trading bots can be transferred without stopping the bot. Hopefully the Binance team will read it before other exchanges apply my advice. Thank You.
The trading bot on Binance is indeed solid and very accurate. I have experimented with using this very valuable facility. seems flawless for both beginners and professionals. However, for me there is one thing that is missing and very important, namely allowing you to change the bot settings while it is still running. For example, the price range, then the grid for this very good trading needs just one improvement that Trading Bots from other exchanges don't have, namely that we can shift each grid manually before starting. And what we forget most is that funds from every profit obtained from trading bots can be transferred without stopping the bot. Hopefully the Binance team will read it before other exchanges apply my advice. Thank You.
BTC price to expensive to buy ? There are BCH.. If Ethereum price to high we have the old one ETC.. is up to us to buy which one. Hodl always win at the end. 😀
Bitcoin halving, which apparently cuts miners' 50% commission in half of their regular income. This means mining bitcoin is increasingly difficult and expensive. With so many miners competing for mining commissions that have been cut in half from usual. Gradually, one by one, the miners will stop their activities because of expensive operations and disproportionate expenses. This makes bitcoin scarce due to the lack of miners who can serve the demand for bitcoin in the market. This is what makes the price of Bitcoin slowly but surely rise little by little and become more expensive. This is just my opinion... what about you?
In the crypto market there are things that we may not realize that have hypnotized us and make us assume that something will have the same behavior. Likewise with the Bitcoin halving which occurs every 4 years. But remember this halving is specific to Bitcoin and does not happen with other cryptocurrencies. So be careful, what tends to rise is the price of bitcoin, not ALT coin. Realize it if you haven't realized it before our asset prices fall instead of rising. This is just sharing from me, and don't think too deeply about it... just need to think about it.
😀 Now someone has buying a lot of discount crypto. The fear is coming 😂. Hold on guys.. 🐳
Just want to share… 😊. In my thoughts now the buyer is waiting at 63.000,and that is strong resistance according to price at the past. Just in my head only ,, remember this is not financial advice. No one can predict market price😀.
Just share my own thoughts, I see bitcoin price going to 70.602. Don’t use this analysis for your own trade. Please use your own research.
Hello, Binance Square!
Just want to share something. In my eyesight XVG Verge project is great, check it out. The price is more cheaper now. The price movement is similar to old alt coin in the past. Great opportunity.
Just want to share something. In my eyesight XVG Verge project is great, check it out. The price is more cheaper now. The price movement is similar to old alt coin in the past. Great opportunity.
