🚨 This Rule Could Save Your Trading Journey! 🚨
If you're new to the crypto world 🌍, here's a golden rule that many overlook! 🧐
Many traders fall into the trap of thinking no one else is buying low and selling high daily. This often leads them to trade on minute or hourly charts 📊. While this isn’t inherently bad, it can lead to overtrading—a common mistake among beginners. 💡
💥 What happens?
Without checking the daily highs and lows, newbies might trade 20+ times a day—far too much for most individuals! 😓
✅ Here’s the smarter approach:
By 11 AM EST, markets often reverse their trend. If the market is stable, volatility tends to shift between the daily highs and lows.
If a reversal happens around 11 AM EST, it's likely to hold until the next day at the same time. If it doesn’t, expect little movement.
🛠 Pro Tip: Always monitor the daily highs and lows to identify the best entry zones. It’s a realistic and effective way to plan trades!
This post is purely for educational purposes, aimed at helping beginners navigate the volatility and thrive in the crypto market. 🌟
💡 Stay smart, trade safe, and keep
#BinanceAlphaAlert #BinanceLabsBacksUsual #MicroStrategyInNasdaq100 $ETH learning! 💪 #CryptoTips #TradingWisdom