ok guys and women, I surrender you need money there is nothing wrong with that and I want to share with you my tips...đ
1) You missed your trade
đ One of the tricks when you take a market reversal, and the trend is confirmed opposite to your position, is to make small trades according to this new trend until you recover your losses. â Make small trades with a leverage of 30, small margins, and reduce your losses gradually. đ ïž The trend will eventually change, and you will then be able to recover your initial trade. đđ
There's nothing to be proud of in doing this technique, but at least it works, it stops you from being paralyzed by constantly increasing red numbers.
2) The money you have in your account is not money in real life
đ In a trading account, every dollar has a different meaning. đŻ Start by growing a small capital, don't just try to "earn âŹ10 per day". đĄ Trading is all about building a portfolio. đđ”
3) The portfolio is the key to trading
đ A portfolio that doesn't grow is a dead portfolio. 𧩠Work with 1% of your portfolio weight on 30x leveraged trades to make it grow. đ There's no shame in having a modest portfolio: if you work on it every day, it will become bigger. đ
4) To be or not to be like others, that is the question
⥠Stand out by acquiring solid knowledge: buy books, understand market manipulation and educate yourself. đ This is the only way to achieve success. đđŒ
5) Admit that it is impossible to predict the market
đź Risk management strategies do not guarantee success. â The only way to win is to turn your mistakes into learning. đđ
6) Respect other traders and their analyses
âïž Donât disrespect other traders. đ Even if you disagree, express your point of view constructively. đ This will preserve your self-esteem and prevent you from making bad decisions. đĄđ
7) Do your own analysis
đ ïž Stop blindly following other traders. đ Make your own analyses and share them to progress. đ
8) Do NOT Trade against indicators!!!
đ Understand and use indicators like RSI or SMA correctly. â They provide essential information to anticipate market movements. đđŒ
trick :
The market is divided into sessions (yes like a Windows session)
â sma33 for the day (1/2 hours)
âsma83 for the week(days)
âsma369 for the year (month)
â by using these SMAs, you will discover the entry and exit points.
â a steep slope means a rapid recovery, a gentle slope means a slow decline or vice versa.
The SMA has found a trough (the lowest in 3 hours)
â we adjust with the rsi between 30 and 40 for the purchase of cryptos, 36 or 33 depending on the case, this allows to filter false signals of purchases or sales. On my indicator, everything is programmed like this, moreover, it studies the descents over 33 minutes and displays the lows and highs, even if sometimes there are even lower!!đđđ (Ovs million)
9) Learn the figures of an asset
đ Identify and memorize specific asset patterns (like "the Christmas tree"). đ This avoids trading in unfamiliar territory. đĄđ
10) Not working in real life
đŒ Have a basic or temporary income to secure your finances. â This will allow you to be more relaxed in your trading. đđĄ
11) Be on RSA/unemployment
đ« RSA or unemployment can reduce the perception of the value of money. đĄ Work to understand the true value of your gains or losses. đ This will make you more disciplined. đđŒ even occasionally, at 11e/h...
12) Enjoy 15% USDC APIs and other Binance perks
đ Diversify your portfolios by taking advantage of Binance's offers. đž Invest in high APR assets to maximize your returns. đđ
13) Put in $10 or $20 per week when Bitcoin is at its lowest
đ° Invest regularly, even on a small scale. đ Bitcoin is often undervalued and promises significant returns in the long term. đđĄ
14) Don't believe anyone who says crypto is going to fail
â ïž Temporary fluctuations do not mean a collapse. â Crypto is the future, be visionary. đđĄ
15) Be 100% sure that crypto is the future
đ Believe in crypto, and it will reward you. đ Invest with faith and perseverance. đđŒ
16) Have goals in life
đŻ Set clear and personal goals. â This guides your decisions and keeps you motivated. đĄđŒ
17) The famous not to be greedy
đĄ Secure your profits when possible, but accept a measured risk. đ Study strategies like trailing take profit. đđŒ
18) You trade against robots
70% of traders on Binance are robots, they have no emotions, they have FOMO as their motto, and when it is necessary to take profits, they take them while you do not take them.
To conclude I would say that trading is not for 99% of the population.
Some people just see it as a game of chance and they say that it is not for them because they are much better than everyone else and they do not want to play to win money.
I would ask these people what game of chance requires years of study to learn all the figures/manipulations etc. that an asset can do without ever predicting exactly what he is going to do?
19) Don't think you're an EXPERT.â
Contrary to what you are led to believe, trading is made for beginners, who know nothing, because they can better sense what an asset will do than the expert who, as we have seen, will go totally crazy in his calculations and, for example, currently sees Bitcoin at $45,000 in a few days, as I have sometimes read in expert articles.đȘđȘđȘđȘđȘ They are clowns!