Even if BTC is at the SWEET spot for shorting why we don't touch it yet? This move was based on CPI and not organic VWAP follow the price High volume at the top
Based on this factors we might see continuation so we prefer not to trade it.
Instead of following the wales. Why nobody talks about how powerfull is going against the buyers and sellers ratio? It's a great tool. If you master this method then straight away you minimise your risk by 35-40%
Many of you guys you will ask why do i close my positions too early? Answer is simple, i don't trade prediction, i trade reaction so doesn't really matter markets direction we make money anyways. answer below: -My drawdown is almost 0 and if i have any losing position price comes back to break even -With this strategy profit is almost guaranteed -0 stress It is preferable for me to take 5% daily with minimum risk rather than 5 or 10 with higher risk
Minimise the risk and don't be greedy. Greed is the main enemy on trading
I do see lot's of comments about River. Majority suggest to short it. Let's analyse it together and see if it actually a good idea.
-Ratio 0.29 Sellers are more than buyers. -Liquidity is thin -It's a meme coin -It's at it's 3 stage, that mean there is no contribution yet. -Price over extended
What i would suggest ? Stay away if you don't know what you doing. It's preferable for you to see another day with holding an account rather than liquidated one.
This kind of meme coins going after liquidations.
Even if you are right on the prediction price will move aggressively to get your liquidation level.
If you want to trade ,trade high liquidity only but be aware technicals does absolutely make no sense but your drawdown will be far smaller.
Nu ai nevoie de 2x sau 10x din piață. Trebuie să fii constant. Piața are multe condiții. Pentru tine care încerci să previzi condițiile, vei fi mereu pierzător. Știu, pentru că am fost acolo. Când am încetat să previzi și am început să urmez, s-a întâmplat ceva magic. Profituri mici, dar drawdown-ul mai mic. Profituri mici și constante sunt mai bune decât profituri mari cu pierderi mari! Găsește o strategie care să fie plictisitoare, dar constantă. Aceasta este cheia. Excitarea în tranzacționare nu este bună
Instead trading predictions, why you guys don't try to trade reactions? Trading predictions is the most stupid thing you can do. Predicting crypto market is pure gambling