Educational Post📕
How To Succeed In Your Trading
1️⃣ Focus on one single trading strategy:
Any strategy is not going to have a 100% win rate, so first you should attempt at getting 50% of your trades right. After that mastering a 2:1 Reward to risk ratio is what will make you profitable.
2️⃣ Approach the market from a neutral position:
Emotions in trading can be one of your greatest enemies as it can lead you to failure even after your success. Those emotions will make you believe you are better than the markets, or that you can outsmart them, ultimately leading your successful trade to turn into a failure.
3️⃣ Risk management:
Yes, I know you have heard it and read it a thousand times already, but you have no idea how important risk management is until the day you master it and recognise it was the single greatest thing holding you back from success.
How To Succeed In Your Trading
1️⃣ Focus on one single trading strategy:
Any strategy is not going to have a 100% win rate, so first you should attempt at getting 50% of your trades right. After that mastering a 2:1 Reward to risk ratio is what will make you profitable.
2️⃣ Approach the market from a neutral position:
Emotions in trading can be one of your greatest enemies as it can lead you to failure even after your success. Those emotions will make you believe you are better than the markets, or that you can outsmart them, ultimately leading your successful trade to turn into a failure.
3️⃣ Risk management:
Yes, I know you have heard it and read it a thousand times already, but you have no idea how important risk management is until the day you master it and recognise it was the single greatest thing holding you back from success.
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If you know you have $1000 and above this is your opportunity to make it big in our Investment plan. Offer closing soon
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INVEST $1000 GET $15,000
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INVEST $3000 GET $45,000
INVEST $4000 GET $60,000
INVEST $5000 GET $75,000
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@Sam_lamboboy0
If you know you have $1000 and above this is your opportunity to make it big in our Investment plan. Offer closing soon
#5DAYS PLAN👇👇
PROMO PLAN
INVEST $300 GET $3,800
INVEST $500 GET $7,500
INVEST $1000 GET $15,000
INVEST $2000 GET $30,000
INVEST $3000 GET $45,000
INVEST $4000 GET $60,000
INVEST $5000 GET $75,000
#10DAYS PLAN👇👇
INVEST $10,000 GET $150,000
INVEST $20,000 GET $300,000
INVEST $50,000 GET $800,000
FOR INTERESTED INVESTORS SEND ME YOUR FULL NAME, CONTACT NUMBER, NATIONALITY , EMAIL ADDRESS AND BTC OR USDT WALLET ADDRESS FOR RECEIVING RETURNS
Payment Method
👇👇
Bitcoin✔️✔️
USDT✔️✔️
Dm me now for your trading plan👇👇👇👇
@Sam_lamboboy0
Crypto AltLex
#MDT/USDT Signal Type: Long Leverage: Cross 20x Entry Targets: 0.04655 0.0455 Take-Profit Targets: 1) 0.04680 2) 0.04700 3) 0.04725 4) 0.04760 5) 0.04805 6) 0.04860 Stop-Loss: 0.043
Binance Futures, ByBit USDT, KuCoin Futures
#MDT/USDT Take-Profit target 3 ✅
Profit: 27.673% 📈
Period: 7 Days 6 Hours 49 Minutes ⏰
#MDT/USDT Take-Profit target 3 ✅
Profit: 27.673% 📈
Period: 7 Days 6 Hours 49 Minutes ⏰
Crypto AltLex
#MDT/USDT Signal Type: Long Leverage: Cross 20x Entry Targets: 0.04655 0.0455 Take-Profit Targets: 1) 0.04680 2) 0.04700 3) 0.04725 4) 0.04760 5) 0.04805 6) 0.04860 Stop-Loss: 0.043
Binance Futures, ByBit USDT, KuCoin Futures
#MDT/USDT Take-Profit target 4 ✅
Profit: 33.9623% 📈
Period: 7 Days 15 Hours 46 Minutes ⏰
#MDT/USDT Take-Profit target 4 ✅
Profit: 33.9623% 📈
Period: 7 Days 15 Hours 46 Minutes ⏰
Crypto AltLex
➡️ SHORT BCHUSDT ❇️ Entry: 240.70000000 - 252.00000000 ☑️ Target 1: 228.00000000 ☑️ Target 2: 216.00000000 ☑️ Target 3: 204.00000000 ☑️ Target 4: 192.00000000 ⛔ Stoploss: 258.30000000 💫 Leverage : 5x
Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#BCH/USDT Entry 1 ✅
Average Entry Price: 240.7 💵
#BCH/USDT Entry 1 ✅
Average Entry Price: 240.7 💵
Crypto AltLex
#MDT/USDT Signal Type: Long Leverage: Cross 20x Entry Targets: 0.04655 0.0455 Take-Profit Targets: 1) 0.04680 2) 0.04700 3) 0.04725 4) 0.04760 5) 0.04805 6) 0.04860 Stop-Loss: 0.043
Binance Futures, ByBit USDT, KuCoin Futures
#MDT/USDT Take-Profit target 5 ✅
Profit: 41.6173% 📈
Period: 7 Days 20 Hours 49 Minutes ⏰
#MDT/USDT Take-Profit target 5 ✅
Profit: 41.6173% 📈
Period: 7 Days 20 Hours 49 Minutes ⏰
Crypto AltLex
#ZRX/USDT Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Cross (20х) Entry Targets: 0.1807 Take-Profit Targets: 1)0.1834 2)0.1852 3)0.187 4)0.1897 5)0.1915 6)0.1943 Stop Targets: 5-10%
Binance Futures
#ZRX/USDT All take-profit targets achieved 😎
Profit: 86.5154% 📈
Period: 9 Days 2 Hours 28 Minutes ⏰
#ZRX/USDT All take-profit targets achieved 😎
Profit: 86.5154% 📈
Period: 9 Days 2 Hours 28 Minutes ⏰
Crypto AltLex
#APT/USDT Signal Type: (SHORT) Leverage: Cross 25X Entry Range: 5.45 Take-Profit Targets: 1)5.4 2)5.34 3)5.29 4)5.23 5)5.18 6)4.63 Stoploss: 5-10%
Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#APT/USDT All entry targets achieved
Average Entry Price: 5.45 💵
#APT/USDT All entry targets achieved
Average Entry Price: 5.45 💵
Crypto AltLex
#APT/USDT Signal Type: (SHORT) Leverage: Cross 25X Entry Range: 5.45 Take-Profit Targets: 1)5.4 2)5.34 3)5.29 4)5.23 5)5.18 6)4.63 Stoploss: 5-10%
Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#APT/USDT Take-Profit target 1 ✅
Profit: 22.9358% 📈
Period: 2 Days 21 Hours 23 Minutes ⏰
#APT/USDT Take-Profit target 1 ✅
Profit: 22.9358% 📈
Period: 2 Days 21 Hours 23 Minutes ⏰
[Why support and resistance are not lines on your chart]
Let me share with you a story…
In my early days of trading, I used to think my support and resistance lines are the best and the market will respect it to the pip.
But it didn’t take me long to realize my support and resistance levels keep getting breached, and I thought it was a breakout.
So I traded the breakout.
The next thing I know, the price quickly made a swift reversal in the opposite direction and I got stopped out.
So, I looked back at my charts and asked myself:
“What the hell went wrong?”
Well, it seems the levels I drew did hold up, albeit not to the exact pip.
And that’s when I had an “Aha!” moment…
I realized support and resistance are not lines, instead, they are areas on my chart. Here’s why…
There are usually two groups of traders in the market:
- FOMO traders
- Cheapo traders
I’ll explain…
Traders with the fear of missing out (FOMO) would enter their trades the moment price comes close to support.
And if there’s enough buying pressure, the market would reverse at that location.
On the other hand, some traders want to get the best possible price (cheapo traders), so they place orders at the lows of support. And if enough traders do it, the market will reverse near the lows of support.
But here’s the thing:
You’ve no idea which group of traders will be in control. Whether it’s FOMO or cheapo traders.
Thus, support and resistance are areas on your chart, not lines.
Let me share with you a story…
In my early days of trading, I used to think my support and resistance lines are the best and the market will respect it to the pip.
But it didn’t take me long to realize my support and resistance levels keep getting breached, and I thought it was a breakout.
So I traded the breakout.
The next thing I know, the price quickly made a swift reversal in the opposite direction and I got stopped out.
So, I looked back at my charts and asked myself:
“What the hell went wrong?”
Well, it seems the levels I drew did hold up, albeit not to the exact pip.
And that’s when I had an “Aha!” moment…
I realized support and resistance are not lines, instead, they are areas on my chart. Here’s why…
There are usually two groups of traders in the market:
- FOMO traders
- Cheapo traders
I’ll explain…
Traders with the fear of missing out (FOMO) would enter their trades the moment price comes close to support.
And if there’s enough buying pressure, the market would reverse at that location.
On the other hand, some traders want to get the best possible price (cheapo traders), so they place orders at the lows of support. And if enough traders do it, the market will reverse near the lows of support.
But here’s the thing:
You’ve no idea which group of traders will be in control. Whether it’s FOMO or cheapo traders.
Thus, support and resistance are areas on your chart, not lines.
Crypto AltLex
⚡️⚡️ #SUI/USDT ⚡⚡ Signal Type: Regular (Long) Leverage: Cross(20X) Entry Targets : 𝟭) 0.4357 𝟮) 0.4256 Take Profit Targets 𝟭) 0.4396 𝟮) 0.4467 𝟯) 0.4510 𝟰) 0.4600 𝟱) 0.4700 Stop Loss: 𝟭) 0.4140
Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#SUI/USDT All take-profit targets achieved 😎
Profit: 81.524% 📈
Period: 15 Days 14 Hours 30 Minutes ⏰
#SUI/USDT All take-profit targets achieved 😎
Profit: 81.524% 📈
Period: 15 Days 14 Hours 30 Minutes ⏰
Crypto AltLex
#APT/USDT Signal Type: (SHORT) Leverage: Cross 25X Entry Range: 5.45 Take-Profit Targets: 1)5.4 2)5.34 3)5.29 4)5.23 5)5.18 6)4.63 Stoploss: 5-10%
Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#APT/USDT Take-Profit target 2 ✅
Profit: 36.6972% 📈
Period: 3 Days 8 Hours 39 Minutes ⏰
#APT/USDT Take-Profit target 2 ✅
Profit: 36.6972% 📈
Period: 3 Days 8 Hours 39 Minutes ⏰
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📊PREMIUM (VIP) CHANNEL
Congratulations Everyone🤩🤩
🔥🔥
Making constant profits for our { VIP} Members is our only priority.
Join the Premium now
Administrator↙️↙️↙️
@Sam_lamboboy0