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CRYPTO MECHANIC
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✨ Desejamos a todos que comemoram ao redor do mundo um abençoado Eid al-Fitr! ✨ Aproveite o tempo com sua família 💕

✨ Desejamos a todos que comemoram ao redor do mundo um abençoado Eid al-Fitr! ✨

Aproveite o tempo com sua família 💕

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One of the common mistake that most of the traders make is they pay so much attention to what's going on lower timeframe like 1hr or some even use 15 minutes chart and they flip-flop their bias on every Red or Green candle. One Red candle and bears start screaming for a dump and one green candle bulls start screaming for a pump. This is the kind of price action where people lose most of their hard earned money. They trade when it's not the right time to trade. What you should be doing instead ? The solution is simple, Pay attention to only what high timeframe is doing and use that biased for your lower timeframe setups. Have a look at the attached pictures. The first picture is chart boys trying to be look cool by calling a move up , down , up and down multiple times in a day/week. And the second picture is what HTF is actually doing. Literally nothing right? Instead of wasting time on these 1hr and 15 minute charts and change your BIAS multiple times in day. pay attention to the HTF only if the trend is bullish stick to it unless it's shift and if the trend is bearish, Be with it unless it shifts. Reduce the noise..! Keep Learning
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A Look Back Into The Bitcoin Previous Halving History
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One of the worst things you can do with yourself and your trading account is letting your position be liquidated. This only means You do not have any trading plan You are just a gambler trying to either make money or lose it all.
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Here are some important points that you can consider while trading with leverage / on futures 1- Your trade should not be without a stoploss or an invalidation. 2- You must have a proper risk and reward plan. Make sure your reward is double than the amount you're risking. For example if you're risking $10 your profit should be at least $20. 3- Never ever let your position liquidate. If your stoploss is your liquidation . There's a 99% of the chances that you do not have any plan, you're just gambling with high leverage . 4- Never use leverage more than 3x or 5x max. Crypto is a volatile market and it moves really fast. Unexpected moves can easily liquidate you in just 1 candle. 5- Make sure you're not trading against the trend. 6- Trading on futures requires discipline and proper execution . Do not open any trade without a trade confirmation. 7- Never Do DCA on a losing trade. Good luck and keep learning .
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Some of you are asking me or may have question in your mind why Alts are not dropping while BTC is going down.? Last week Altcoins were dropping while Bitcoin was doing nothing. Alts capitulated already and now it's $BTC doing its part. Once bitcoin is done that will be the time Alts will start to recover imo. I already made multiple posts that the chop will continue till halving and we are very close to it.
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