HAVE THERE BEEN INSTANCES WHERE YOU BELIEVE THE MARKET IS MANIPULATION YOU? (IT ISN'T PLAYING TRICKS ON YOU; RATHER, YOU ARE DOING THIS ONE THING.)

Have you ever questioned how the market may read your thoughts and you continue to regret the trades you make? If so, you're in the proper location.

This is the reason.

Sometimes the market moves as it should, and you can follow the trend and make money. Frequently, the market moves in accordance with your analysis and predictions when you choose not to enter. Additionally, there are those EXCRUCIATING times when you wish you had made a different trade. To assist you in recognizing these typical times, we will compile a list of them in a series of postings.

In our first scenario, you take a short trade when it looks like the market is already declining, but something goes wrong.

Someone we spoke with made a 50x leveraged trade with a $100 margin. Since the chart already showed three tops and the majority of the visible candlesticks were negative, he was certain that the market would drop off right away. He observes that the market moves differently after entering the short trade, and it hits his liquidated price. He went to bed after regretting his trading choice. When he checked the same altcoin a few days later, he discovered Abomination. He predicted that the altcoin would drop, so he entered a short trade and took his liquidation. His jaws drop because he has fallen so far.

How might this trader have improved?

To make sure you don't make a lot of blunders in the cryptocurrency market, you can create your own list of things you should and shouldn't do. We'll give you a few examples of his potential improvements. It is always typical for an altcoin's price to indicate that it may be declining after reaching a resistance level. Most sellers would hold off on selling their cryptocurrencies until they reached the resistance marks. Therefore, it would be prudent to keep an eye on the altcoin's potential future price movement. Another method would be to see if there is a chance that the price would draw back in order to test the resistance again. Given the likelihood of these tests and the requirement for a pullback for the subsequent impulsive movement. You must always exercise patience and keep an eye on the market's upcoming moves. You will lose trades if you enter the market hastily without considering what can happen next. Yes, you do get lucky occasionally, but it only happens two times out of ten or, worse, maybe only once in a blue moon. Some traders, on the other hand, have the patience to simply close the chart and check it a few hours or days later. On a chart that displays patterns like this, you can still look for additional tactics to choose the next course of action. But what will really make your transactions stand out is your trading mindset.

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.

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