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CRYPTO MECHANIC
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Under $50k move was the bottom or more pain ahead?
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$BTC
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US inflation (CPI) data will be released tomorrow. i think tomorrow's newyork session will be highly volatile. I'm not currently in any position as i said before , i do not have any clean setup on $BTC , I am planning to catch a big swing not really interested in this ping pong price action. What are your expectations tomorrow ? up or down?
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Keep your winners big and losers small that is what keeps you stay in the game.
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Want to learning something ? Give this a read 👇🏻👇🏻
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I am not a typical signal provider you see everywhere. I post what i personally trade this is why the chart setups i post are very few. If you're losing because of my setups i am losing with you. If i am winning and you took that same setup. We both are winning together. Something that can make a huge difference is the way i manage my risk and the way you do. You have to learn that and do it properly based on your account size. Everything else i give you on the charts , how i am planning my trade and how i will execute it. sometimes i even record a video to briefly explain how i am looking at the market for a potential trade setup. That's all i can do for you as a teacher. This is not my priority my aim is to teach you about the market but i still do it so that my followers can trade with me while they learn from me.
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A lot of people make this mistake that they hesitate to change their bias. if their Analysis is bullish and market doesn't go as they predicted, they don't change their bias they keep drawing levels on chart that fits with their bias. Remember that being right or wrong on your analysis does not matter at all. The only thing that matters is how you're managing your risk and how profitable you're. it's totally ok to be wrong no one can be right 100% of the time. If you had plans that market is bullish but now it's shifting the trend. Shift your bias as well. Do it even if you have to do it 100 times you make money when you trade where the market trend is. Not when you stick with your bias. GO WITH THE FLOW
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