BUSY WORKING TRADERS CAN DO TRADE IN FUTURES $BNB $BTC
if you do the principle of low margin,low leverage, no stop loss method in futures trading ,yes you can still trade in futures with mental health friendly,no worries and stress free of traders life.
you can do this with sufficient funds by splitting your capital into two. put your 50% capital in spot as your revolving funds in case things comes worse into worst you can adjust your Liquidation price by moving it.
you can leave your position unattended if you are busy in your job and check once a day for DCA OR HEDGING if needed .
The #1 enemy of all futures traders is the LIQUIDATIONS to trading positions. if you learned how to defeat Liquidations then you become a good trader . how to do it ???
if you check screen shot my point of entry and my Liquidations price is too far from danger of wiping out by market Liquidations, so what ever bad happened to market price my position is safe.
booking of profits at early bull market is poor strategy , as a good trader you should consider what is the ability to grow of your coin /assets be in the future days.#BTC☀ / #BNB assets in my opinion will sky rocket in the long run . these two assets other known as stable coins conquered my trust and confidence that in the future these Will climb high in prices.
I opened a hedge order position due to higher low and the lower low trend of BTC prices. in this case I can protect my profits and I will close my hedging position when market price will reverse upwards.
is it true that crypto trading is game of intelligent trader's ??? in my opinion it's not true . you can make money in crypto trading even if you are an average IQ person .
in my case I am only secondary school graduate and a truck driver with 8$ daily salary income ,I don't have enough capital to invest in this game .but I understand how to play safe in futures. I don't even Liquidated and ended up in profits .
we can all compete as long as you have the sufficient knowledge in crypto trading , it's not true that this only for intelligent people .
these two positions has no STOP LOSS- ORDERS, NO T.A ,NO FA NO CHARTS ANALYSIS nothing but I just bought at bottom with low margins low leverages.
I just letting the market movements the ups and downs of market prices, nothing bad happened . I slept well and confident that I will defeat the market .
setting stop loss is poor strategy ,as you see on screen shot the long wicked green candle was seeking stop loss order both longs and shorts positions. most traders use stop loss to protect the capital from wiping out by the market .
in my case I don't set stop loss order ,I used the low margin ,low leverage method no stop loss. so I am letting the market movements the ups and downs until market price hits my target .
Don't put your eggs into one basket , means devide your capital into a multiple assets or trades to protect your capital . Guys this method is poor strategy . we all know that other assets runs similar to BTC price actions . so where is the logic in there of protection?
#HOLDINGPOWER I strongly believe that BTC price will continue to rise further and bigger that's why I am always bullish as a long term trader, I will hold my assets and build my patience with confidence ,I will trust my strategy as my power house in the long run . market will not defeat me coz I am determined to end up a winner over the maniputable market .
I am not afraid of red candles, I am not afraid of corrections coz I know how to play in futures. I won't be Liquidated .
I will hold my steering wheel no matter what , I have only one direction I will end up in profits as a good trader. I will win over the market after all this acid tests of my journey .
#defeatthemarket selling of assets in pre bull run is a very poor strategy , Guys learn how to hold longer ,don't be afraid of corrections as long as your position is in a correct strategy and stable.
Trust me ,we will end up in profits in the near future be brave and be smart in crypto trading.TRADE LIKE A PRO ,WE WILL DEFEAT THE MARKET
if the fall will continue to move downwards i will DCA if price just in case touch the 63k level and I will add my balance capital with 100%. in this case my position will become solid and stronger by moving my Liquidation price at most deeper price.
note - this post is for learning purposes only for newbies benefits.
#RiskControl it's time to buy at the bottom ,if market will continue to fall then it's a great chance to buy #BTC☀ on discounted price . and hold for several weeks or months .
#RiskControl I will only close my position after 5 long years even market price of BTC will fall so hard, I am confident that I will not be Liquidated.market will not defeat me by all means .
if you still experience of Liquidations it's time to change your method to protect your hard earned money .
riskcontrol thousands of traders longs and shorts position was Liquidated in 24 hours . and my position is still standing and survived. if you're a newbie and wanted to be a good trader in the future , just think what is best for you .
this post is intended for learning purposes only for newbies .
#riskcontrol it's my wrongful act by opening a short when btc price was at 68k level , in this case I will wait the BTC price goes down and close at the confirmed reversal assuming btc price will climb more higher .
#RiskControl no psychological stress , anybody can trade in futures easy and confident if you only knew how not being Liquidated . Yes it's easy to print dollars .
#riskControl yes ,Day trading is so difficult due to sudden change of price trajectory and manipulations of the market .it really exhaust your mental capacity and heading towards stressful life . many people begged for dollars because they have lost everything in day trading .
But ,if you do long term trade in futures you will not fell difficulties trust me, you will end up in profits. you will not beg for money . the principle is easy and simple buy at the bottom price use only 15% of your capital as margin 15x leverage , cross mode,no stop loss.and leave it for long time two or three years . #tradeSafe