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The_Pathfinder
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One step at a time. keep it simple!
One step at a time. keep it simple!
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FortuneNodeOfficial
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Trading is about mastering ONE setup
But most people have no idea where to start.
Take 2 minutes out your day to learn the exact process I use.
There are 4 steps, but most people only do 2 of them.
1: Environment
You make more money by trading less.
Identify your ideal environment by looking at these 3 factors.
a. Market structure
b. Market sentiment
c. Market news
2: Logic
Form a hypothesis: "I think x will happen because y"
This is the idea you will use in the markets when the environment is favorable.
3: Risk Management
Decide how you will trade your idea in the market while controlling your risk. (1-3% per trade max)
a. Entry
b. Stop Loss
c. Profit Target
d. Risk (Position size)
4: Execution/Management
a. Stick to your plan
b. Make changes based on new data
I'll share a real strategy using this format in my next post…
Izjava o omejitvi odgovornosti: vključuje mnenja tretjih oseb. Ni finančni nasvet. Lahko vključuje sponzorirano vsebino.
Glejte Pogoje.
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The chart of $GALA on the 4hr time frame looks good a long trade as well as the daily time frame which shows a steady upward momentum. $BTC
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$REZ price update. The price of #rez gradually gaining upward momentum.
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Manage your emotions. The nature of the market is that it rises and falls with respect to time. When the market is bullish, deliberately take profit along the way. In a bearish mode, be strategic and patient. Use that opportunity to DCA into viable projects. The market will not be bearish forever. Stay positive and strong 💪 $BTC $REZ $GALA
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If the price of $GALA continues to hold above the 0.034 support level, we can see a price reversal upwards. Be patience. $GALA $BTC
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If the price of $REZ holds above the 0.12 support, we could see price recovery upwards to test the 0.14 - 0.15 range (consecutive) and 0.16 - 0.17 key levels (high optimist) In crypto, patience is not just a virtue but a strategy. #Renzo #Write2Earn!
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