SAVE YOUR TRADING CAREER WITH THIS ONE SIMPLE STRATEGY!
New to cryptocurrency trading? Here’s an essential guideline to help you avoid common pitfalls.
Many traders mistakenly believe they can outsmart the market by constantly buying low and selling high throughout the day. While short-term trading isn’t inherently wrong, it often leads to overtrading, especially if you’re not monitoring the daily high and low points.
Beginners who neglect these key levels may find themselves making 20 or more trades in a single day—a pace that’s unsustainable and risky. To simplify your approach, follow this golden rule:
Pay attention to market reversals around 11 AM EST.
Markets often reverse direction by this time, setting the tone for the rest of the day.
If a reversal occurs, the trend is likely to hold until the next day at 11 AM EST.
If no reversal happens, expect a calm market with limited price movement.
Understanding these daily high and low zones will help you pinpoint the best opportunities to enter the market without overexposing yourself to risk.
This advice is intended to guide beginners and those struggling to navigate the fast-paced, volatile world of crypto trading.
Trade smart, stay patient, and avoid unnecessary risks!
