Investments Bearing Fruit. I almost completely shit myself.)
What happened yesterday and how I made x2 overnight to my altcoin deposit.
In the closed chat there is a topic, Alts, now it has moved separately to the "Investor" channel, where I have a list of 39 altcoins.
I adhere to this strategy.
The entire trading deposit is divided in such a way that I can buy 1 time more, double the position and urgently do this one more time, I can take the spare money that is simply lying under %.
I do it this way:
1️⃣If I see a good coin by indicator - I buy. Immediately and for half the value of the first entry. And then I wait for either the daily candle or a large TF to be a buy signal.
2️⃣If I have to double the position when I am in drawdown, then as soon as the price returns to the entry point, I enter, freeing up money in case of a new drop.
What happened in the last 2 days.
At first, there was a 50% drop in many alts. I had a lot of limit orders triggered, about which I spoke in every video and showed where they were.
My balance at the beginning of the drawdown was $19k. I entered the market with $10k.
After the first drop and doubling of positions, the balance became $13k.
And yesterday there was another dump. Of course, I didn't have time to get out, and there was nowhere to get out, the prices didn't recover. When it was the finale, the balance was almost $6k.
And then I took a risk. I unhooked what was lying under %, and started buying up all the positions as much as possible. Also, I transferred everything from BTC to alt, because it was not enough. As a result, I poured it all into one place.
The maximum risk I've taken in all this time. What did I risk? It was the freezing of the entire alt. I only risk my own money. And with this feeling I went to bed)
At night, I realized that if I would look at the chart, I would do stupid things, and here I just didn't have to do anything. The bet is made!
And here's the morning. I wake up and see a balance of $19k. I immediately start closing positions, bringing all positions back to the original entry.
In essence, I am my own creditor. I lend myself money and then take it back with %.
Just like the exchange does.
It's unpleasant, of course, to see +$10k and in 2 days -$15k (because when I see +$10k, I've already claimed them), and then -$15k feels very bad.
I think this is one of the strongest experiences in the last year on the exchange.
What conclusions have I drawn.
Need to reduce alt. No more than 20. 39 is too many (although more than 10 were in + after they fell 2 times).
2. I can't wait. I know for sure that there will always be a collapse like the one now - it's the norm for the markets.
What you need to do right. You came to the market - put the money under % and wait. For those days like these.
On the first drop, you make the first entry.
On the second, you double - that's it, you have the perfect entry point. Then you wait.
3. I listened to the indicator. Even at night, a friend wrote to me, showed that on many alts green bars are going on the daily, on DOT there was nothing like this in the entire history - this is a mega gift. Here you need to buy.
What happened yesterday and how I made x2 overnight to my altcoin deposit.
In the closed chat there is a topic, Alts, now it has moved separately to the "Investor" channel, where I have a list of 39 altcoins.
I adhere to this strategy.
The entire trading deposit is divided in such a way that I can buy 1 time more, double the position and urgently do this one more time, I can take the spare money that is simply lying under %.
I do it this way:
1️⃣If I see a good coin by indicator - I buy. Immediately and for half the value of the first entry. And then I wait for either the daily candle or a large TF to be a buy signal.
2️⃣If I have to double the position when I am in drawdown, then as soon as the price returns to the entry point, I enter, freeing up money in case of a new drop.
What happened in the last 2 days.
At first, there was a 50% drop in many alts. I had a lot of limit orders triggered, about which I spoke in every video and showed where they were.
My balance at the beginning of the drawdown was $19k. I entered the market with $10k.
After the first drop and doubling of positions, the balance became $13k.
And yesterday there was another dump. Of course, I didn't have time to get out, and there was nowhere to get out, the prices didn't recover. When it was the finale, the balance was almost $6k.
And then I took a risk. I unhooked what was lying under %, and started buying up all the positions as much as possible. Also, I transferred everything from BTC to alt, because it was not enough. As a result, I poured it all into one place.
The maximum risk I've taken in all this time. What did I risk? It was the freezing of the entire alt. I only risk my own money. And with this feeling I went to bed)
At night, I realized that if I would look at the chart, I would do stupid things, and here I just didn't have to do anything. The bet is made!
And here's the morning. I wake up and see a balance of $19k. I immediately start closing positions, bringing all positions back to the original entry.
In essence, I am my own creditor. I lend myself money and then take it back with %.
Just like the exchange does.
It's unpleasant, of course, to see +$10k and in 2 days -$15k (because when I see +$10k, I've already claimed them), and then -$15k feels very bad.
I think this is one of the strongest experiences in the last year on the exchange.
What conclusions have I drawn.
Need to reduce alt. No more than 20. 39 is too many (although more than 10 were in + after they fell 2 times).
2. I can't wait. I know for sure that there will always be a collapse like the one now - it's the norm for the markets.
What you need to do right. You came to the market - put the money under % and wait. For those days like these.
On the first drop, you make the first entry.
On the second, you double - that's it, you have the perfect entry point. Then you wait.
3. I listened to the indicator. Even at night, a friend wrote to me, showed that on many alts green bars are going on the daily, on DOT there was nothing like this in the entire history - this is a mega gift. Here you need to buy.
Here is the translation of the video text into English:
"Guys, hello! Today I want to tell you about a very important topic - how to trade in the market during high volatility. This is a situation that often arises, and many traders find it difficult to make decisions at such times.
The first and most important thing is to remain calm. Volatility is a normal market condition, and you need to learn to trade in it. The second point is to reduce your position size. When the market is highly volatile, it is better to reduce your position size so that you do not experience large drawdowns.
The third point is to use stop losses. It is very important to set stop losses in order to limit your losses. And the fourth point is to use pending orders. During high volatility, it is better to use pending orders rather than market orders, as this will allow you to enter the market at a better price.
Remember, volatility is normal and you need to learn how to trade in it. Follow these tips and you will be able to trade successfully even in highly volatile market conditions."
"Guys, hello! Today I want to tell you about a very important topic - how to trade in the market during high volatility. This is a situation that often arises, and many traders find it difficult to make decisions at such times.
The first and most important thing is to remain calm. Volatility is a normal market condition, and you need to learn to trade in it. The second point is to reduce your position size. When the market is highly volatile, it is better to reduce your position size so that you do not experience large drawdowns.
The third point is to use stop losses. It is very important to set stop losses in order to limit your losses. And the fourth point is to use pending orders. During high volatility, it is better to use pending orders rather than market orders, as this will allow you to enter the market at a better price.
Remember, volatility is normal and you need to learn how to trade in it. Follow these tips and you will be able to trade successfully even in highly volatile market conditions."
📢 Bitcoin shows strength. Alts at the bottom! When and what to buy? Review from 14.04.2024
Video on the channel)
Enjoy the viewing.
Video on the channel)
Enjoy the viewing.
Funding is top :) They no longer believe in growth.
I'm holding a long :) at least until 71300.
I'm holding a long :) at least until 71300.
Here is the translation of the text in the video:
"Guys, today I want to share with you one of the most important skills in trading - the ability to control your emotions. Many traders fail because they cannot control their emotions and make emotional decisions, which leads to huge losses.
You need to learn to control your emotions, especially fear and greed. Fear and greed are the main enemies of traders. When the market goes down, fear takes over and traders start to panic and make rash decisions. And when the market goes up, greed takes over and traders get carried away and make impulsive decisions.
To control your emotions, you need to have a clear trading plan and follow it strictly. Develop a system that works for you and stick to it no matter what. Also, work on your psychology and learn techniques to manage stress and anxiety. This is one of the most important skills that separates successful traders from the rest."
"Guys, today I want to share with you one of the most important skills in trading - the ability to control your emotions. Many traders fail because they cannot control their emotions and make emotional decisions, which leads to huge losses.
You need to learn to control your emotions, especially fear and greed. Fear and greed are the main enemies of traders. When the market goes down, fear takes over and traders start to panic and make rash decisions. And when the market goes up, greed takes over and traders get carried away and make impulsive decisions.
To control your emotions, you need to have a clear trading plan and follow it strictly. Develop a system that works for you and stick to it no matter what. Also, work on your psychology and learn techniques to manage stress and anxiety. This is one of the most important skills that separates successful traders from the rest."
Here is the English translation of the text in the video:
"Hello, guys! Today I want to share with you a very cool indicator that I use in my trading. This indicator is called the Fibonacci Retracement. It's a very powerful tool that can help you identify key support and resistance levels in the market.
The Fibonacci Retracement is based on the Fibonacci sequence, which is a series of numbers where each number is the sum of the two preceding ones. This sequence has been found to have a lot of applications in nature and finance.
When applied to the markets, the Fibonacci Retracement can help you identify important price levels where the market may find support or resistance. These levels are drawn at 23.6%, 38.2%, 50%, 61.8% and 76.4% of the previous price move.
I find this indicator to be extremely useful in my trading. It helps me time my entries and exits much more effectively. I highly recommend you guys check it out and start incorporating it into your trading strategy."
"Hello, guys! Today I want to share with you a very cool indicator that I use in my trading. This indicator is called the Fibonacci Retracement. It's a very powerful tool that can help you identify key support and resistance levels in the market.
The Fibonacci Retracement is based on the Fibonacci sequence, which is a series of numbers where each number is the sum of the two preceding ones. This sequence has been found to have a lot of applications in nature and finance.
When applied to the markets, the Fibonacci Retracement can help you identify important price levels where the market may find support or resistance. These levels are drawn at 23.6%, 38.2%, 50%, 61.8% and 76.4% of the previous price move.
I find this indicator to be extremely useful in my trading. It helps me time my entries and exits much more effectively. I highly recommend you guys check it out and start incorporating it into your trading strategy."
Powerful battle. This is the second time.
I'm still holding the long position. Stop on the chart.
I'm still holding the long position. Stop on the chart.