Here is the secret to building wealth when copy trading futures:
the goal is not to aim for the highest ROI to build wealth fast but the the most important goal is to protect your capital at any cost! They say trading is a fast way to lose money and a really slow way to get rich!
Do not look for the copy traders with the highest ROI... but instead, look for traders that are consitently profitable months over months.
These traders will never use high leverage. They will always have a stop loss under 2% per trade and they do not trade on emotions such as feel, greed or revenge!
Check out my copy trading portfolio to see what I mean.
Bitcoin is consolidating within a symmetrical triangle pattern, with the 100MA acting as a key resistance level. The price is currently trading below this moving average, indicating potential pressure from sellers.
A decisive breakout or breakdown from the triangle will be crucial in determining the next directional move for BTC. Patience is needed for confirmation.
Follow me for more updates. Also check out my futures copy trading portfolio - vncapital
Gambling is making bets with high leverage to get high ROI at the cost of even higher chance of liquidation.
Instead, join my copy trading portfolio to see what real trading is! It is about calculated risk and consistent profitability!
- stop loss 0.5-2% per position - confluence of technical analyses for entry and exit - using the edge to make money in the long term over 1000, 10000, 100000 trades, I do not care if my next trade is a win or a loss, because it doest matter
In case you wonder what happens with ETH if Trump gets reelected as the president...
ā Donald Trump Holds Over $1M in Ether, Also Receives NFT Licensing Fees ā¼ļø
According to a personal financial disclosure obtained by ethics watchdog Citizens for Ethics, former U.S. President Donald Trump holds between $1 million to $5 million in ETH and has significant income from NFT licensing fees. While the filings do not reveal Trumpās exact ETH holdings, Arkham Intelligence lists the holdings of Trump's wallet at $3.6 million. The filings also reveal that Trump made $7.15 million through a licensing agreement with a firm called NFT INT. The former first lady, Melania Trump, also reported an income of $330,609 from the sales of NFTs.
I guess it is time to buy the dip. Follow me for more and check out my futures lead trader account š