#BTCMovement: market will move sideways again after few hours it will move upward to finish it's mission to create cup and handle check the 1day time frame .
#LearningTrading after the sideways , prepare for upward movement .the bull is taking a charge for the next run to complete his mission in forming a cup and handle .
in the comments sections I always seen people got Liquidated repeatedly again and over again .
stop loss set ups is a death trap to your position once scam candle hit your stop loss set up., your position is dead.
I am using hedge order as my stop loss strategy, you will never get Liquidated,it is a running position you can recover your temporary losses using this method .
#BTC🔥🔥🔥🔥 IN THIS SITUATION T.A MAY IGNORE BY CHANCES .
if you are in long position and in long range target, prepare your hedging to protect your profit .coz majority traders is in bull position . that we know market is against the majority . it may fall suddenly so prepare for hedging ,BE SAFE
Majority of people waiting for a huge drop that most of those people hoping for a sweet recovery from painful losses recently ,in my opinion the market will not fall it will go more sideways instead .
most influencers in this community is they keep giving predictions to people , one says it goes to 100k the others says it will go 50k. these predictions was heading people towards confused ,real talk ,none of these influencers can't tell where the market really goes precisely due to manipulations.that even them they tasted massive losses .
if you learned to protect your capital ,you become a good trader . in my experience, the only true thing that helps to save every portfolio of a trader is not being Liquidated in trading . using real risk management is the only way that can help to every trader.
this is my way to stop my bleeding when I am in loss,but my position is still alive . I am using this strategy rather than stop loss. I have still chance to recover my losses
with due respect to 300k plus traders who's Liquidated recently you MAY shift this strategy in protection to portfolios . Liquidation is a significant problem to many traders who traded in futures.this is how not be wiped by Liquidations
GAME PLAN margin -10% of capital leverage -15x no stop loss cross mode hedge mode
Thousands of traders got liquidated and mostly are BIGGINERS , ignore of setting stop losses , Because the long wicked candles seeking for stop loss set ups.
if you have queries right down in the comment section .I will try my best to answer .