The Importance of Patience in Trading: Lessons from a Successful Trader
It is no trick at all to be right on the market
You always find lots of early bulls in bull markets and early bears in bear markets. And their experience invariably matched mine that is, they made no real money out of it.
It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of ignorance.
It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!
Trading with success is a constant struggle against one's emotions for traders, rather than a battle of intelligence. As a trader, I acknowledge that my greatest adversary is my own emotional state.
MACD - BUY/ SELL SIGNAL 9 EMA - SHORT TERM TREND 21 EMA - ENTRY /EXIT POINTS 50 EMA - PLACE STOP LOSS 200 EMA - LONG TERM TREND ADR - AVERAGE DAILY RANGE BOLLINGER BAND - VOLATILITY LEVEL
MACD - BUY/ SELL SIGNAL 9 EMA - SHORT TERM TREND 21 EMA - ENTRY /EXIT POINTS 50 EMA - PLACE STOP LOSS 200 EMA - LONG TERM TREND ADR - AVERAGE DAILY RANGE BOLLINGER BAND - VOLATILITY LEVEL
Analyzing Bitcoin's Monthly Candle: A Bullish Outlook for Cryptocurrency Traders
The Bitcoin market is currently buzzing with anticipation as traders prepare for the monthly candle close. Investors are keen to gain insights into the future direction of the world's most popular cryptocurrency. The current monthly candle for Bitcoin has been solidly bullish, with the price hovering above the key level of $27K + - 1 This is a positive sign for traders, as long as the price continues to remain above this level, there is potential for further bullish activity in the coming weeks.