ANOTHER ADVANTAGE OF LIMIT ENTRY THAT MANY TRADER TEND TO FORGET! (THIS WILL MAKE YOU PROFITABLE)

If you haven't noticed this advantage with limit entries, then, let me show you.

Market entry advantage involves being able to react to the market in a timely manner. For limit entry it's mainly on how the trades will be executed by the setups you make even when you're not looking at the market. That's a highly favorable advantage, although, the advantage that we're talking about is the fact that whenever limit orders don't hit your entry. We consider this as an advantage since limit orders that aren't hit will never hurt your brain unlike market entries that are hit but will most likely get rekt. As a wise man, it's better to not hit your entry rather hit a losing entry that's not properly calculated and the risk isn't managed well. Hence, this is the greatest advantage of a limit order.

YOUR TRADING CAREER MAY BE SAVED TODAY BY THIS RULE OF THUMB!

This is the one rule of thumb if you're new to the bitcoin market. Let's talk about this.

Many traders fall victim to the fallacy that no one else will consider buying cheap and selling high on a daily basis. As a result, the majority would trade hourly or minutely. This is neither a horrible notion, nor is it incorrect. However, overtrading is one of the things that might go wrong with these kinds of setups. Trading more than 20 times a day is not typical for a novice trader, and those who do so without monitoring the day's high and low are likely to get caught in the trap. Consequently, to facilitate comprehension for novices. Using this guideline, we can relate to the practical method of daily highs and lows. Never forget that sometimes the market reverses by 11 AM EST. Since there is only a movement from the daily high and low, volatility is typically lower when the market is stable. Therefore, if the market reverses by 11 AM EST, it usually does so until 11 AM EST the next day; if not, there is no chance of a reversal for that day. To determine which zones would be ideal to enter, it is therefore best to look at the daily high and low.

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.

#GAINERSPACK #TRADEANDEDUCATE #EARNINGDAILY