๐จ This Rule Could Save Your Trading Journey! ๐จ
If you're new to the crypto world ๐, here's a golden rule that many overlook! ๐ง
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 ๐. While this isnโt inherently bad, it can lead to overtradingโa common mistake among beginners. ๐ก
๐ฅ What happens?
Without checking the daily highs and lows, newbies might trade 20+ times a dayโfar too much for most individuals! ๐
โ Hereโs 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 doesnโt, expect little movement.
๐ Pro Tip: Always monitor the daily highs and lows to identify the best entry zones. Itโs 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. ๐
๐ก Stay smart, trade safe, and keep
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