THIS MENTALITY WILL HELP YOU A LOT! (THIS COULD CHANGE YOUR TRADING LIFE!)
"Do you really think limit orders are important?"
A wide range of traders ask this question far too often.
traders who are struggling. Those who are profitable are impacted by every change in the market. both novice and seasoned traders.
Here are some pointers.
Remember, this is only an example. Those who enter at limit orders are the ones who profit the most from trading. After being denied at $64K, Bitcoin was rejected up to $57K. Exit at $58K or $59K after entering with a long limit of $57K. Has Bitcoin fluctuated between $54K and $62K? With a short limit of $62K, enter and exit at either $61K or $60K. such who enter at such critical levels are often quick thinkers and those who have mastered patient management. This is one of the trading mindsets that will enable you to move past your present trading stage.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.