Forwarded from Crypto Trades
How not to lose everything, after losing a Little.
Traders get chopped trying to catch every move and then trade hyper scared (Without knowing it),
eventually to lose it all.
People losing 90% of wealth isn't unique or rare.
Avoid:-
1. Impulsive trades
2. Taking on too much risk
3. Overtrading
99/100 successful traders would tell you that there's two reasons for being successful.
1. Edge.
2. Acute Risk Management.
Acute Risk Management-How you manage emotions and make trades in a calm and rational manner AFTER A LOSS.
#TradeSafe
@CryptoTrades
Traders get chopped trying to catch every move and then trade hyper scared (Without knowing it),
eventually to lose it all.
People losing 90% of wealth isn't unique or rare.
Avoid:-
1. Impulsive trades
2. Taking on too much risk
3. Overtrading
99/100 successful traders would tell you that there's two reasons for being successful.
1. Edge.
2. Acute Risk Management.
Acute Risk Management-How you manage emotions and make trades in a calm and rational manner AFTER A LOSS.
#TradeSafe
@CryptoTrades
π1
Forwarded from π§§ Rose Premium Signal πΉ
List of channels every crypto trader should follow:
1) News Center: https://t.me/+qnPN9rm8HMdmMzJh
2) Binance Futures Liquidations: https://t.me/+GZUBbhTvAxw0MTAx
3) Fear and Greed Index: https://t.me/+Tr3XkJyEiMQ3Zjkx
4) Whale Alert: https://t.me/+5J_DCr761DBhM2M0
5) Whale Sniper: https://t.me/+_z4vgE_A1KwyZGE0
6) Crypto Jokes: https://t.me/+M85Fn4J4bHw5N2Ux
Share this list with your crypto friends
@RoseSignalsPremium
1) News Center: https://t.me/+qnPN9rm8HMdmMzJh
2) Binance Futures Liquidations: https://t.me/+GZUBbhTvAxw0MTAx
3) Fear and Greed Index: https://t.me/+Tr3XkJyEiMQ3Zjkx
4) Whale Alert: https://t.me/+5J_DCr761DBhM2M0
5) Whale Sniper: https://t.me/+_z4vgE_A1KwyZGE0
6) Crypto Jokes: https://t.me/+M85Fn4J4bHw5N2Ux
Share this list with your crypto friends
@RoseSignalsPremium
Market is bullish again now that Americans have some of their retirement income tied into the BTC ETF. Operating under the assumption that their positions will be held like 401k positions, it seems logical that any price pullbacks will be created by Market Maker and will be met with strong buying pressure.
With that in mind, I will start posting in the channel again.
(NOTE: if you are holding a coin in your Spot wallet, and would like to see TA for the coin, feel free to DM and I will post the chart hereπ)
With that in mind, I will start posting in the channel again.
(NOTE: if you are holding a coin in your Spot wallet, and would like to see TA for the coin, feel free to DM and I will post the chart hereπ)
Trading Advice
πππ
1: Do not open more positions than you can comfortably handle
2: Do not go "all in" on a single position
3: Keep your risk % low, slowly growing your gains is far more enjoyable than watching them get wiped out during a period of volatility
4: IMMEDIATLELY set your Stop Loss order after opening your position; move it to be in profit after each leg up (or leg down if you are shorting)
5: You WILL LOSE trades; accept when you have made a bad entry and resist the urge to hold on for it to "turn around"; better to deploy the capital again on a winner
6: ALWAYS do your own "chart check" to avoid making an entry at a time that most are preparing to take profit
7: Secure your gains if price moves BEYOND your original target; the price has already exceeded your expectations and is bound to reverse
8: Keep a trading journal to track gains/losses, as well as notes for each trade that detail why you entered and why you exited
9: Learn basic charting skills; Moving Averages and Fibonacci Retracements are relatively simple to learn and apply
10: PLAN your TRADE, and then dutifully TRADE your PLAN
πππ
1: Do not open more positions than you can comfortably handle
2: Do not go "all in" on a single position
3: Keep your risk % low, slowly growing your gains is far more enjoyable than watching them get wiped out during a period of volatility
4: IMMEDIATLELY set your Stop Loss order after opening your position; move it to be in profit after each leg up (or leg down if you are shorting)
5: You WILL LOSE trades; accept when you have made a bad entry and resist the urge to hold on for it to "turn around"; better to deploy the capital again on a winner
6: ALWAYS do your own "chart check" to avoid making an entry at a time that most are preparing to take profit
7: Secure your gains if price moves BEYOND your original target; the price has already exceeded your expectations and is bound to reverse
8: Keep a trading journal to track gains/losses, as well as notes for each trade that detail why you entered and why you exited
9: Learn basic charting skills; Moving Averages and Fibonacci Retracements are relatively simple to learn and apply
10: PLAN your TRADE, and then dutifully TRADE your PLAN
π3
The Crypto Hideout Knowledge Library pinned Β«Market is bullish again now that Americans have some of their retirement income tied into the BTC ETF. Operating under the assumption that their positions will be held like 401k positions, it seems logical that any price pullbacks will be created by Marketβ¦Β»
The Crypto Hideout Knowledge Library
Photo
I use the following 4 Moving Averages for my trading:
5ma = Green
10ma = Yellow
25ma = Red
200ma = White
Notice the difference the Time Frame makes
πππ
5ma = Green
10ma = Yellow
25ma = Red
200ma = White
Notice the difference the Time Frame makes
πππ
βΌοΈNOTICEβΌοΈ
Tomorrow, Thursday around 7pm EST I will be doing a live stream here (it will be recorded and posted as well) to show how to setup Moving Averages and how to interpret/trade them.
I will be using SOL chart and will also show how I determine where to setup my Fibonacci charts
Tomorrow, Thursday around 7pm EST I will be doing a live stream here (it will be recorded and posted as well) to show how to setup Moving Averages and how to interpret/trade them.
I will be using SOL chart and will also show how I determine where to setup my Fibonacci charts
β€3
The Crypto Hideout Knowledge Library pinned Β«βΌοΈNOTICEβΌοΈ Tomorrow, Thursday around 7pm EST I will be doing a live stream here (it will be recorded and posted as well) to show how to setup Moving Averages and how to interpret/trade them. I will be using SOL chart and will also show how I determine whereβ¦Β»
The Crypto Hideout Knowledge Library
Live stream scheduled for
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β€1