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CRYPTO MECHANIC
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Less supply and high demand = High prices this is how simple it is. #bnbburn
Less supply and high demand = High prices
this is how simple it is.
#bnbburn
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The more you trade = the more experience you gain. The more you backtest = the more confidence you get in your trading strategy. The more you journal = the more you learn about yourself and your emotions. Success requires Repetitive Action. You are in Control. Take Action!
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New week tomorrow and as always I'll be posting some Altcoin charts. Let me know which Altcoin you think can do well this coming week.
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What percentage of your portfolio is in Altcoins ?
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Trading is simple it's you making it complicated by taking unnecessary trades and unnecessary risk.
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Missed the initial move on a coin ? No problem One of the easiest way to trade when you miss the initial move on a coin 1- Wait for the price to consolidate around the high 2- Draw a line on the that high 3- Entry when the price will close a candle above ( Depending on the timeframe you're watching) 4- Continue to ride it towards the next possible level. Where will be your invalidation ? The same area that you choose for your buy will be your invalidation if the candle close back below that high, this means the breakout is fake and now you should be managing your risk and exit the trade. Read the detail on both pictures. Keep learning
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