CRYPTO WIZARD
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Starting the new week fresh.

Let me see if to close TAO
Let's hold TAO .

Maybe tao will give us profit. We are actually not in loss yet because of our risk reward ratio.


Both trade we lost were -70% and -77%. That's a total of -147%. Our win on ZEC was +150% . So we are still in profit of +3% and now waiting for TAO to decide.
LONG


BEAT



20X



TP: 0.145 (+225)


SL: 0.126 (-70%)
LONG


ZRO


25X


1.27 (+190%)


1.15 (-60%)
BEAT still available for entry.

This coin witnessed a very serious fall from all time high of price 11.5 and fall below all time low of 0.125. It reaches 0.1111. This is crazy. Those who took a short from the ATH (all time high of 11.5) are today sitting on 200,000% profit on 25x leverage. This is just incredible. One of my mentor did 105,000% from the last ATH.

This crypto can one day bless u that will cover every loses u ever made from it.

The question now is, will this coin again start another serious upward movement from this current low or is now a dead coin managing to hold a support?


DYOR (Do Your Own Research)
Currently this account is seating on 1355 .

It was at 1444 yesterday (though some trades not closed yet then. Those trade later fall).

Listen:

Any money still in your trading account is still not your money yet even after closing all trades. Temptation of chart can still make u enter trades and u lose it. So you must understand how to take profit. Taking profit to me is when the profit is sent out of the trading account elsewhere. For me it is when the money landed in my Nigeria Bank Acct. Lol

Pls always take profit daily or weekly if not u will just be working all days and one day the market will swallow everything.

For me now, if I want to take profit, I may just remove all the excess in my capital and continue the new week with the same 1000usd capital.

Am not going to spend all the 355usd. Maybe I will reserve 200usd somewhere. Every week I reserve something. At the end of every month all that reserve goes back to my initial capital of 1000 to start a new month trading. Some do this weekly though.
If u continue to hv a reserve that u will add back to your capital weekly or monthly, u will one day see that you are now trading with an asset of 10,000usd and not 1000usd again. That is how to grow.

So my point is, even while trying to grow, pls enjoy yourself. Spend part of those profits on the body doing the work. Eat oo eat. 😊
CRYPTO WIZARD
LONG ZRO 25X 1.27 (+190%) 1.15 (-60%)
We lost ZRO to -60% and gain it back in excess with BEAT at +225%
We keep growing the balance.

More discipline more money.
Close TAO at -23% . Since yesterday it refuse to move. No time for that slow trade now. Let's focus on today.
Let's trade
LONG

BTW

10X


0.48 (+180%)


0.38 (-60%)
A bit risky


LONG


BEAT


20X

0.147 (+185%)

0.130 (-60%)
Is actually a nice trade. It breaks out of the trend line and we made 225% profit from the breakout. It retested back to the trend line and we are now engaging on LONG trade again.

Normally it's a clean trade.

Why am a bit worried here is because my risk reward ratio won't allow me to set a proper SL . The SL above is not perfect for such trade. SL suppose to be below the horizontal line. Below 0.125.

Well let's face it, since we are in already.
QUESTION FOR YOU:

In scenario like this, what do I suppose to do normally to still get an appropriate SL below 0.125 that will not cost me more than -50 or -60% yet my SL/TP will still be a risk reward ratio 1:3.


I will provide answer by 5pm. If my answer is same as yours, then know that u are getting better at trading and understanding my trading strategy.
😭😭😭 BEAT cooked us and started moving.

Next time the best thing to do if we noticed an error on a signal is to immediately close it and enter again with correct details or avoid totally and not hoping on luck.

Sorry guys, but luckily enough, the second trade is making us profit that is already more than the BEAT loss.

BEAT.... -60%
BTW...... +70% Still moving
CRYPTO WIZARD
QUESTION FOR YOU: In scenario like this, what do I suppose to do normally to still get an appropriate SL below 0.125 that will not cost me more than -50 or -60% yet my SL/TP will still be a risk reward ratio 1:3. I will provide answer by 5pm. If my answer…
The correct answer to this is to reduce the leverage. Maybe 8x or 10x would hv given us an SL value that is not more than -60% and still below the horizontal support which seat around 0.125.

In trading, do everything within your reach to avoid loss before thinking of profit.
BTC is approaching a daily resistance. I hv being expecting BTC to pump to this level since two months now that we are in consolidation stage.

Here is what to look out for:

If BTC reaches 82k pls ensure u close all other LONG trades or at least secure profits. There is a high probability that entire market will dump hard as BTC will go back to 65k.

But if BTC successfully break the resistance and reaches 83,500, then it will retest to 82500 to use the old resistance as a new support. In this case BTC will proceed to 100k resistance. That's a huge movement.

Open your eyes brothers, the market is getting interesting. The rest of this year will be too sweet.

Go get at least 100usd and get ready for September.

You must be trading with my bybit link or you get refund of your registration fee.
3 trades taken today


1. BEAT.......227%


2. BTW....... 90%


3. BEAT ...... -60%


257% overall profit made.