Today another + 122$ on #UXLINK I am expecting the closing of a deal on another coin, but I wrote about the strategy of how I do this in the past post. One of the strategies is to see the most pumped coin and wait for a correction!
BUT THE MOST IMPORTANT THING. SCA)) Do not try to jump in at the peak, it will not be the peak, it will be your end, and your deposit!
To everyone who had open short positions during the night, my congratulations 🍾 nothing to worry about, this is part of our work.
I personally observed, and waited, then just caught the profits on the corrections. That’s why I wrote several times not to open positions at night.
Trade as if you are at work. Tea, coffee, desk, notebook. This job can provide for you.
But don't worry! Here’s more! One of my strategies.
I take a sample of the coins that have grown the most overnight, wait for a stop, then usually consolidation, then a spike up that shakes out the weak hands, followed by a calm correction.
I will do this for the 3rd time) Today +129$ on IO) Because of some individuals, my posts are being deleted by moderation, including the one where I wrote about my closed channel 😂
Why are you all losing money? I'll tell you! Because you sit and read these posts, Bitcoin at a minimum, Bitcoin up, down, left, right…
As long as you think from the NOW category, you will keep losing. You must get in right now, otherwise you will miss the bearish movement, or the bullish, it's all the last wagon.
Honestly, I don't know who writes this nonsense every day! Repeat on my statistics, they are the same on both bearish and bullish trends. How do I turn 1k$ into 2-3k$ every month?
Magic? It’s just itself! Trade within the day, relying on 5 rules, the history and behavior of a specific coin first, the second movement of Bitcoin at this moment, third - if you see a clear movement, get in, if you bet 50/50 you will lose! Fourth, look at the 4-hour and daily charts too! Fifth - Find your patterns, develop your style, don't beat yourself up losing money, don't panic if you recorded a loss, don't try to buy back what you lost.
OBSERVE! Remember, think, and only then make a decision, and set a stop loss considering volatility, not right at the root of the order, when you are swept away by any micro movement.
Winter will soon be over, and I hope my sports car will sell more easily, and I can get around 100-120k$
On this deposit of 1k in total for 3 months, I earned 4800$ almost 400%
Honestly, I have gone through a very difficult path, really hated myself a million times for mistakes, created rules, broke them, changed to develop my own style.
And now it seems so mundane already. And it seems like who is really interested in all this? But I hope it is interesting.
I really think about making a channel and sharing my experience there.
+251$ today 🤝🫶🏻 Closing the trading day. It's 23:34 for me I don't enter the market at night, no matter how attractive it is ❤️
I made money today on the upward movement.
Tomorrow there will most likely be a correction and I will be able to enter again. I'll just get some sleep 🦨
Friends, trade during your trading hours and don't trade at night or very late. Otherwise, you will lose sleep and health)
Wait for the best positions to enter and don't worry if you took a bad position but the market says that the price will go in the right direction. The market is volatile and static from time to time. It is normal if the deal does not grow for some time or is in the red
Traders, especially those with little experience, are the most faithful people. I thought that over these few days, several thousand people started to pray, and if the market shows an upward movement, people will begin to believe in God too 🙏🏻
To everyone who has remained in positions, and your balances are in the negative, without malice ❤️ may God help you. Don't worry too much, it's just money. Everything will be fine, don't sell in a panic, it only benefits the market situation 🤝
What to do if your position has gone down and you understand that it may go even lower?
Guys, traders, beginners, leverage has the potential for both increases and decreases. To protect yourself from an even greater long squeeze and losses (sharp price drop and recovery), you can reduce leverage, and you should have money in your account for that!
Also, leverage does not affect the liquidation zone as much as the actual position size in relation to your deposit.
And the main question is, what is better? To go into the negative in cross-margin? And wait for a pullback or should you close at a stop?
Honestly, I have been in losing trades for quite a while; of course, over a month, I managed to make 2500$ from a deposit of 600$ , I consider this a success.
But when you have losing trades - it’s unpleasant and interferes with trading. There is enough money in the deposit to continue incurring losses, but honestly, it would be easier for me without these losses.
During the day, I make about +30/+150$ , but yesterday I closed at a stop. And I am glad about that. I decided not to trade for now. It's also an important point to know when it's better to wait and not trade.
Don't mess with futures! Don't enter with leverage! Every day I see comments from offended people - or a guy who got wrecked by the market)
If you can't make it, and you don't want to learn, then don't get involved.
There are many manipulations in the market. Losses are part of the job. But if you are gambling and betting on luck, you won't just lose, you will lose everything!
Stop trying to teach everyone! Better go learn yourself!
Another + 42$ today I saw in the news about the coin #VANA I noticed that it still costs a lot of money for such a new coin, I chose the moment and went short.
Sometimes I do that too. I see news that some coin has skyrocketed or plummeted, usually after such news there’s a correction, and I catch those moments. But not always, it’s also quite risky.
It’s 00:03 for me and I’m closing the trading day at + 140-150$ I don’t remember anymore. I’ve stopped showing off.
I won’t even regret if my positions I exited could have brought me thousands of dollars.
Firstly: Patterns like cups can work but in the right place. For example, do not expect that an inverted cup with a handle will give you a drop for a short if it is located at a local price minimum, for instance on the daily chart. Also look at 1h, 4h, 1d.
This is important!
I made a profit by entering a trade based on experience and observation against the pattern, and the price seemed to initially go to fulfill it, but then it went long, taking out people's stops.
Conclusion? I bet on the cunning and manipulation of the market - victory 💴
Secondly: The market at the moment can not only disregard indicators, metrics, insider information, everything altogether, sometimes it switches to such a lawn mower mode that no stop will hold. It's better not to trade; if you made a profit - go take a break. Don't tempt your soul!
Do not open trades at night, do not trade in the evening, do not rely on luck! Look for coins that have clear movements supported by analysis. Do not rush to make money; rush to understand how the market works.
The market is chess, where we play the fields, not the pieces. No one knows what the next move of the market will be, but understanding will increase the probability!
I could probably have + 300 and + 600$ if I had waited. But, I'm used to taking what I can hold in my hands, otherwise if I try to take everything I might drop it ☺️