Why do 99.9% of traders lose money? It's because they don't know who their opponents are. When you are negotiating contracts, do you know where your opponent is? Most of the time, your counterparty is the market maker. They are on the opposite side of your orders. 💰
🎯Who are the market makers? How powerful are they? Market makers operate in teams and are well capitalized. Many projects look for specialized teams to create marketplaces, essentially to assist project parties in selling their issued tokens to you.
🤔So how do we make money? First we need to understand and respect the market, be well prepared, have clear strategies and avoid dreaming of getting rich overnight.
1️⃣Stability and relegation control are crucial. Ask yourself: what is your goal? Double or triple your capital or achieve social mobility? A rational analysis, progressing step by step, avoiding substantial losses, is essential for stable profits.
2️⃣Technical or fundamental? Traders should focus more on the technical side. Our holding period generally ranges from 4 hours to 7 days, and fluctuations in this period are mainly driven by competition between market makers and intraday traders.
3️⃣Predict the future or think about probabilities? We can't predict the future, but we can use probabilistic thinking to help us make better decisions.
I hope these insights can help you. Trading is a profession; It requires specialized knowledge, clear strategies, patience and determination. Always revere the market, remain humble and cautious, but also be prepared to embrace challenges boldly.
Even with large market makers and other complex factors, various new developments and market dynamics, as long as we are sufficiently prepared and have clear strategies, we can find our place in the market and make profits. 💰
Lastly, negotiating is not a sprint; It's a marathon. We need to be patient, we need to persist until the end. Only then can we be successful in this game. 🏃♂️🏁
Good luck in your business endeavors and keep going! 💪🚀
