#TradingLessons #Institutional #daytading #trade4profit #trade4profit
Mostly retail wait for confirmation or retest where as institutional investors don’t wait for retest or confirmation boom they buy and sell before confirmation as even on LTF (4H) or 1 day it takes 4 hours to 8 hours and in case of daily even more to have confirmation, during which institutional investors plays their game and make their money… I am not advising to go blindly in, use charts to develop confluence and spot trends… trading is way easier than most of the people think… just don’t have emotions… if there are profits there will be losses as well.. real traders are not afraid of losses… everyday there are thousands of opportunities to make money, people don’t even look at those… money unearned is money wasted..
Buy at support (don’t waste time for confirmation) if overall trend is healthy sell near resistance… move on to next identified coin, do the same by that time visit your first trade if you get the much desired awaited confirmation after retest buy at support of retest and boom sell near resistance (not at resistance) - this is for Spot Trades