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Marinero
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"If you don't have more than 10 million, don't argue about which coin is better. You are here for money, not for activism. Make money by any ethical means. Trading. Farming, Staking. Try everything. Choose one. Any coin that makes you rich is a good coin." #BTC #Bitcoin #Ethereum #binance #Web3

"If you don't have more than 10 million, don't argue about which coin is better. You are here for money, not for activism.

Make money by any ethical means. Trading. Farming, Staking. Try everything. Choose one.

Any coin that makes you rich is a good coin."

#BTC #Bitcoin #Ethereum #binance #Web3

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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Key events for today, May 8, 2024, Wednesday: 🇩🇪Germany - industrial production (March) - 09:00 UTC+3 🛢US oil - EIA inventories - 17:30 UTC+3 🇺🇸Collins (Fed) - 18:45 UTC+3 🇺🇸Cook (Fed) - 20:30 UTC+3 🇧🇷Brazil - Central Bank rate decision - 00:00 UTC+3 ✴️#NOT #TON Web3 Festival by TON - TON and NOTCOIN representatives will speak. #CryptoWatchMay2024 #BTC #binance #Ethereum #Web3
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You and your strategy stop breaking the rules, start trusting your strategy. stop rushing trades, wait for entries according to the strategy. stop hesitating, start acting decisively alongside your strategy. your strategy should become your main trading asset. most of your trades will be insignificant blips on your lifetime PnL if you never increase your size, you will gradually fade away small size for learning, experimenting, and market research Big size for high-probability and/or large asymmetric bets don't get stuck in intermediate states #CryptoWatchMay2024 #BTC #binance #Ethereum
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gm There are many traders who make big money using "basic" tools (price, moving averages, standard momentum indicators, etc.). More complexity often means more noise, which complicates building a strategy that you can realistically implement in the market. Excessive complexity also creates a tracking problem. It's much easier to reconcile 1-2 conflicting signals than 4-5 signals saying different things. In most cases, we try to broadly capture similar market effects (trend, momentum, mean reversion, delta imbalance, etc.) - there are no extra goodies for getting the same answer through more complex work. Start with simple things you know well and iterate slowly (if necessary). Complexity and new variables should be added as needed and with the minimum effective dose. A trader using a moving average with simple entry/exit criteria will find it easier to refine their system than a trader simultaneously looking at OI, funding, quarterly futures basis, CVD, liquidity heatmaps, etc., trying to synthesize a unified, coherent trading idea." #BTC #CryptoWatchMay2024 #Bitcoin #ETH
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Key events for today, May 7, 2024, Tuesday: 🇰🇿Kazakhstan - no trading - Defender of the Fatherland Day 🇪🇺Eurozone - retail sales (March) - 12:00 UTC+3 🇨🇦Canada - Ivey PMI (April) - 17:00 UTC+3 🛢Short-term forecasts from the US Department of Energy for the oil market - 19:00 UTC+3 🛢US oil - API inventories - 23:30 UTC+3 🇺🇸#AAPL Apple will hold an event where updated iPads are expected to be presented. #CryptoWatchMay2024 #BTC #Bitcoin #ETH #LEDGER
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"Trading is a game of probabilities. I'm not a fortune teller, but a trader. If you hold onto your ego to be right every time, stress will consume you, affecting your win rate. BNF, the legendary trader who earned 110 million from 15 thousand, says his win rate is 55-60%. Mark Douglas, the legendary trader who wrote the book 'Trading in the Zone,' says you'll see repeating patterns, but the outcome won't always be the same. There isn't a single person who can accurately predict the market; if there were, they would have long ago surpassed Bezos as the richest person on earth. If you can't overcome your ego, acknowledge less likely possibilities, and go with the flow, you'll sit on losing positions and lose money. That's why risk management is a fundamental understanding in trading." #CryptoWatchMay2024 #BTC #BNB #binance #Ethereum
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