https://www.tradingview.com/x/OSQkYVyj
#XVG BTC 6 month hold call
BUY:60-65
TP:1)100
2)140
3)225
Hold 500% target
by @CryptoRROFFICAIL
#XVG BTC 6 month hold call
BUY:60-65
TP:1)100
2)140
3)225
Hold 500% target
by @CryptoRROFFICAIL
TradingView
TradingView Chart
🧑🎓 Education from BTC whale J Velder 🐳 (the legendary whale J0E007 from 2018 who made 60M on BTC short)
Today I want to talk about the advanced Risk Management and 2% rule.
2% Rule - Key Takeaways:
The 2% rule is an investing strategy where an investor risks no more than 2% of their available capital on any single trade.
To apply the 2% rule, an investor must first determine their available capital.
Stop-loss orders can be implemented to maintain the 2% rule risk threshold as market conditions change.
How the 2% Rule Works
The 2% rule is a restriction that investors impose on their trading activities in order to stay within specified risk management parameters. For example, an investor who uses the 2% rule and has a $100,000 trading account, risks no more than $2,000–or 2% of the value of the account–on a particular investment.
By knowing what percentage of investment capital may be risked, the investor can work backward to determine the total number of lot size to purchase.
The trader can also use stop-loss orders to limit downside risk.
In the event that market conditions change, an investor may implement a stop order to limit their downside exposure to a loss that only represents 2% of their total trading capital. Even if a trader experiences ten consecutive losses, using this investment strategy, they will only draw their account down by 20%.
The 2% rule can be used in combination with other risk management strategies to help preserve a trader’s capital. For instance, an investor may stop trading for the month if the maximum permissible amount of capital they are willing to risk has been met.
Today I want to talk about the advanced Risk Management and 2% rule.
2% Rule - Key Takeaways:
The 2% rule is an investing strategy where an investor risks no more than 2% of their available capital on any single trade.
To apply the 2% rule, an investor must first determine their available capital.
Stop-loss orders can be implemented to maintain the 2% rule risk threshold as market conditions change.
How the 2% Rule Works
The 2% rule is a restriction that investors impose on their trading activities in order to stay within specified risk management parameters. For example, an investor who uses the 2% rule and has a $100,000 trading account, risks no more than $2,000–or 2% of the value of the account–on a particular investment.
By knowing what percentage of investment capital may be risked, the investor can work backward to determine the total number of lot size to purchase.
The trader can also use stop-loss orders to limit downside risk.
In the event that market conditions change, an investor may implement a stop order to limit their downside exposure to a loss that only represents 2% of their total trading capital. Even if a trader experiences ten consecutive losses, using this investment strategy, they will only draw their account down by 20%.
The 2% rule can be used in combination with other risk management strategies to help preserve a trader’s capital. For instance, an investor may stop trading for the month if the maximum permissible amount of capital they are willing to risk has been met.
BTC came back from 49880
daily chart will be highly bullish above 48800 🔺
but below 48800 the trend breaks down 🔻
daily chart will be highly bullish above 48800 🔺
but below 48800 the trend breaks down 🔻
#RAY (Update)
Back inside the Triangle due to Bitcoin Movement.
You Can Close this for Now or Wait for Breakout.
Stop Loss : If 4h Candle Closed Below the $7.20
Back inside the Triangle due to Bitcoin Movement.
You Can Close this for Now or Wait for Breakout.
Stop Loss : If 4h Candle Closed Below the $7.20
#ETHUSDT 2H Chart update
As BTC fell down as did ETH also creating a 2h supply zone and breaking the support at $3,302.93. Price reached previous demand zone and bounced back up perfectly especially that BTC is moving upwards at the moment. We also see a hidden bullish divergence on RSI and MACD is showing bearish weakness. Price will most probably reach the 2H supply zone at $3,330 and we will be looking for its reaction then to expect clearer future movements.
https://www.tradingview.com/x/85P2D5tI/
As BTC fell down as did ETH also creating a 2h supply zone and breaking the support at $3,302.93. Price reached previous demand zone and bounced back up perfectly especially that BTC is moving upwards at the moment. We also see a hidden bullish divergence on RSI and MACD is showing bearish weakness. Price will most probably reach the 2H supply zone at $3,330 and we will be looking for its reaction then to expect clearer future movements.
https://www.tradingview.com/x/85P2D5tI/
TradingView
Chart Image
#Bitcoin is one the best-performing assets of the decade.
Yet, most of the traders lost money.
There is a lesson here
1. Don't day trade if you are not experienced
2. Don't blindly follow trades on Twitter
3. Avoid trading volatile events
4. Don't trade low timeframes
Yet, most of the traders lost money.
There is a lesson here
1. Don't day trade if you are not experienced
2. Don't blindly follow trades on Twitter
3. Avoid trading volatile events
4. Don't trade low timeframes