Observing trends beyond the short term while trading futures is only possible with low leverage. đ
In other words, it is only possible when the leverage is around x2-x3. đ
If you set the leverage to x5 or more, you must trade while taking profits through day trading. đč
I think the 1W chart is an important chart for checking trends in spot trading. đ
Therefore, unless it is day trading, I think it is better to trade according to the trend of the 1W chart. đ
However, for actual trading, it is recommended to look at the 1D chart. đ
This is because you can check the detailed split transaction points. âïž
I believe that winning or losing in trading is determined by how stable your psychological state is. đ§ââïž
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. đŒ
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. â°
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. đïžđ
#Bitcoin/USDT. #DayTradingTips #PsychologyinTrading #NFP #BinanceWish
