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Radhe-Radhe
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If indicators meant anything, nobody would lose money.
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Radhe-Radhe
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$BTC A SIMPLE TRADING EXAMPLE TRADER DONT FOLLOW AND LOSE BIG MONEY. 1) THEY DONT TRY TO UNDERSTAND THE TREND PUMP OR DUMP 2) NOT TAKING POSITIONS WITH SL MEANS STOP LOSS. Not taking stop losses incurred very vast amount of losses. A trader don’t understand that taking a small loss using stop loss can help him in recovering it them in the future. What is the point in holding the position till the wallet is wiped off ? 3) Not taking TP Trading profits continuously may not be very huge profits but drop by drop a lake is formed and then an ocean but waiting for huge profits they lose whatever is earned. Continuous profit booking is a must. 4) KEEP READING AND USE AI TO DEVELOP YOUR TRADING SKILLS. These days AI can do wonders in any field and if you use it in trading then you can make good money here. Don’t trust anyone sometimes even the experts , start analysing yourself. Believe in charts. Make yourself an independent good trader. IN THE SCREENSHOT, I HAVE SHORTED BTC BECAUSE TREND IS NEGATIVE, GAVE A STOPLOSS AND 3 TP LEVELS AS SHOWN BY AI , OUT OF THREE TWO ARE ACHIEVED SHOWN AS TICK MARK AND ONE IS STILL PENDING. AND these are NOT MY OWN CALCULATIONS but given by AI. NEVER NEVER DO TRADING WITHOUT PROPER Knowledge and lose your hard earned money. TRADING IS NOT A GAMBLING BUT A FIELD TO PRINT MONEY USING TECHNOLOGY.
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VERY SIMPLE INDICATORS A LAYMAN CAN USE BUT I FIND MANY ARE LOSING THOSANDS OF DOLLARS BY TAKING WRONG POSITIONS. A TRADER HAS TO FOLLOW THE TRENDS AS PER THE INDICATORS AND NOT AS PER HIS OWN SENTIMENTS OR WHIMS
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$BTC THE ONE HOUR CHART SHOWS BTC IS IN RED AND SELL SIGNAL IS GIVEN.
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WITHIN 24 HRS OF MY PREVIOUS POST ON SHOOTING STAR ON BTC MONTHLY CHART , Market dumped all the sentiments. On daily chart RSI is now negative. MACD is in green but not showing much strongness
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SHOOTING STAR ON MONTHLY CHART The year 2024 ended with a shooting star indicates the end of bull run. But the happy new year started on positive note confusing the bears. So,January is a very crucial month. If January month closes the candle below the shooting star then market will be negative and if bulls succeeds to create a bullish strong green candle then BTC going to 400k till Year end 2025 is possible. Let’s wait and watch how January Month candle is form on BTC monthly chart. $BTC
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