#RiskControl This article is for my beloved followers , I am just hoping you are all safe by doing right risk control in crypto trading . just hold on this might not be end of corrections. if the reversal comes then its time to close your hedging positions.just also do your own homeworks.stay happy in trading no need to be stressed we can sleep well coz we knew we won't be Liquidated .
#RiskControl DON'T CLOSE YOUR HEDGING POSITION until the confirmed reversal of price happened ,in this case you will not be Liquidated even if price goes to the lowest bottom of #BTC .
this strategy was tested of mine even in the most difficult situation of the market you can survive . stay happy in trading .
#RiskManagementMastery I am still waiting for the market price drops at the most bottom .my long position price entry was at 61k level , my short position price is at most top. if price falls below even in the lowest btc price I can make an entry for long position without cost of losses .in this case I made a strong position for a long term trade to keep for months or years .
They are created the same in purpose but in a different effect to users, first let us discuss the stop loss usage .
1.)STOP LOSS- is a sell order that is set by a trader to protect his remaining capital .if the price hits the stop loss order automatically the trading position is dead.but the remaining capital is safe .
2.) HEDGE -usage of hedge is also to stop your losses , but your position is not dead it will continue to run until you close your hedge position .you have a chance to recover your losses.
I hope this will be informative to newbies #trade safely
#RiskManagementMastery if you are short term trader or day trader , There's no perfect entry in the market due to suddenly fluctuating behavior of the price trajectory .
once you make an entry and the market goes against you and you loss 20% of your margin then apply hedge order to stop your losses and you should wait the confirmation of price reversal before you close your hedge position .in this process you will not be Liquidated .
authors note- hedge order is not a strategy ,it is a tool in trading to support your strategy .it is for you to enhance your capabilities on how the tool work and support your strategy .
#Risk_Management many people ask me how my strategy work. if you check my entry price of long and short it's a far distance . when dumping will happen I will close my short position at the bottom and take profit .
immediately I will make entry my LONG position at most bottom . knowing that BTC price tend to climb higher . when price it at top again I will make short the same pattern in the first.
SUMMARY -if you fully understand this article you will notice Liquidations has no room on it.
#Risk_Management clarification again to avoid confusion about this strategy to my followers .if you are using this method your target is to make a good position you can buy at the most bottom and you can sell the most highs. this is for long range trading about months or years to keep . when you accumulate the most bottom price then you have now strong position that you don't need to worry coz #btc is tend to climb it's price in the long run . then stop using sell order coz your position is already stable by accumulating the most bottom price .
#RiskManagementMastery I just want to clarify how my strategy working for me to my followers. my real position is long I don't have stop loss I am chasing the price of BTC if btc goes to 50k I will close my long then re-buy at 50k buy doing this I made a strong position with out any cost of Lossing . if the price goes up to 70k then I close my short then enter short at the top.
SUMMARY -ones the price goes down at the bottom then I will buy there,buy doing this I made a strong position knowing btc is tend to goes high. then I will close my short and don't make any entry for short coz my position is stable in the long run .if you have questions pls ask me about this matter .
#BTC🔥🔥🔥🔥🔥🔥 TRUE TRADER NEVER AFRAID IN FRONT OF RED CANDLES as long as your risks management is correct and battle tested in numerous difficult wars, I don't bend my knees even this corrections goes to 5ooo,
The rumors of dumping was so strong ,if you are in long position and you are in huge losses , apply hedge order to avoid Liquidations . this works better than stop loss.
I have seen again people who tasted bitter taste of Liquidations , I believe all traders do have risks management, but if you still tasted Liquidations I strongly says your risk management is not enough to navigate in this difficult journey .
Guys there is a strong strategy that is fit for this kind of navigation .it cannot be pinned down by any sudden change of market trajectory .it is an IMORTAL trading method that can save your hard earned money .
I am in a long position but I never felt FUD coz my risk management is working for me so effectively .I never close my position in longs. if you are newbie you can copy this method .
I am now confident that non of my followers hasn't tasted the bitter taste of Liquidations . for those who believe my method of trading with out Liquidations is doing well .