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CRYPTO MECHANIC
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Trading is simple it's you making it complicated by taking unnecessary trades and unnecessary risk.
Trading is simple it's you making it complicated by taking unnecessary trades and unnecessary risk.
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CRYPTO MECHANIC
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BTC stuck within that same old range A 4hr hold below/above in either side will provide the directional play imo.
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Sitting on the sidelines and observing is the best thing you can do when the market is not providing a clear direction about which way it wants to go. Remember that not every day is a trading day. You may have to go days or weeks without taking a trade and Be very okay with that.
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Most of the Altcoins are looking much weaker against BTC.
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it's always about perspective. people need to have a mindset about why they're buying something. For example is it a scalp trade? Is it for a day? is it to hold for a few days/weeks? Am i going to hold it for a few months? Each perspective requires a different mindset and trade management. This is what you need to learn and understand.
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Many traders pay no attention to their emotional state before the trading day begins. However, your inner state will have a direct impact on what happens in the outside world. Especially in trading. If you come at the charts in a bad mood, FOMO, negative, fearful - you will make bad decisions. If you come neutral, balanced, optimistic and objective - you will perform at top level.
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