Some one said I should continue the trading with same rules, same risk reward ratio but now on 2000usd asset that the process is more practical and beneficial to students. And that he will FUND 10,000usd to follow our signals if I can successfully use same method to trade 2000usd to 4000usd even if it takes a month and not a week as done today. Hmmm guys let's do it. Can a week deliver same result? Time will tell!
Ok ooo, let's get it going ...
I will close the ongoing ZRO trade in 45% profit and start fresh.
Ok ooo, let's get it going ...
I will close the ongoing ZRO trade in 45% profit and start fresh.
CRYPTO WIZARD
LONG GRVT 20X TP: 0.195 (+170%) SL: 0.175 (-55%)
SL hit
-55% loss from my 2000usd.
About 100usd gone .
But u kn one TP is 300usd. So there is nothing to worry about even if losses are more than TP.
-55% loss from my 2000usd.
About 100usd gone .
But u kn one TP is 300usd. So there is nothing to worry about even if losses are more than TP.
CRYPTO WIZARD
LONG ZEC 25X TP: 877 SL: 810
Take this trade even though we are already holding 2 trades.
The chart of this coin gives me A+ setup that I can't ignore
The chart of this coin gives me A+ setup that I can't ignore
HOLO.....Loss (-50%)
GRVT...... Loss (-55%)
ZEC.... Loss (-55%)
XAUT.... Still moving
-160% loss on my new $2000 acct. That's a loss of about -310usd since am trading with 10% (200usd) 😭😭😭😭.
But no panic.
A TP will recover all that losses.
Holding XAUT overnight.
We shall continue tomorrow morning. Market not too good.
We made huge profits in the morning though but am not counting them since it was before the 2000usd acct.
GRVT...... Loss (-55%)
ZEC.... Loss (-55%)
XAUT.... Still moving
-160% loss on my new $2000 acct. That's a loss of about -310usd since am trading with 10% (200usd) 😭😭😭😭.
But no panic.
A TP will recover all that losses.
Holding XAUT overnight.
We shall continue tomorrow morning. Market not too good.
We made huge profits in the morning though but am not counting them since it was before the 2000usd acct.
So on the 2k dols acct, yesterday we took 4 trades and lost 3 trades. While one was left to run and still active right now. That 4th one (XAUT) is still in -25% right now and I hope for recovery.So am still holding.
Now my question is this, what if today again we started trading and our first three trades were loses, that simply means we hv lost 6 trades straight.
What is best to do at that point?
See if you really understand how this risk reward ratio works you will know there is nothing at all to worry about.
Two wins will cover the entire 6 loses.
However what I will not do is to revenge or rush to recover.
After losing 6 trades consecutively I will prefer to pause and revaluate the market and my phycology to be sure am doing the right thing. I will move away from chart to do some offline things and take a good rest, walk around the street end ensure my nerves are now calm and my thinking are correct. Catch some good sleep also or possibly watch some interesting movie and then come back to chart.
You will be fine now. And if however ur next two trades are still loses, pls close the app and give yourself a complete two days before trading.
8 losses consecutively doesn't mean your strategy is bad. It may mean something is wrong in the market or you personally is down. So leave for about 48hrs before returning.
I hv a friend that do suspend trading for a whole week if he had 3 consecutive loses. Though he is trading with big fund and also have other jobs he is doing.
I hope this help?
Now my question is this, what if today again we started trading and our first three trades were loses, that simply means we hv lost 6 trades straight.
What is best to do at that point?
See if you really understand how this risk reward ratio works you will know there is nothing at all to worry about.
Two wins will cover the entire 6 loses.
However what I will not do is to revenge or rush to recover.
After losing 6 trades consecutively I will prefer to pause and revaluate the market and my phycology to be sure am doing the right thing. I will move away from chart to do some offline things and take a good rest, walk around the street end ensure my nerves are now calm and my thinking are correct. Catch some good sleep also or possibly watch some interesting movie and then come back to chart.
You will be fine now. And if however ur next two trades are still loses, pls close the app and give yourself a complete two days before trading.
8 losses consecutively doesn't mean your strategy is bad. It may mean something is wrong in the market or you personally is down. So leave for about 48hrs before returning.
I hv a friend that do suspend trading for a whole week if he had 3 consecutive loses. Though he is trading with big fund and also have other jobs he is doing.
I hope this help?
Yesterday I lost three trades which was about -310usd in total. This early morning I lost another -50% trade which make it about -360usd.
No panicking. I just keep on following my strategy.
I took another trade (same coin I lost this morning). Here we are.
If this trade hit TP it will recover all loses I hv between yesterday and today.
However it is only wise for me to lock 100% profit at this point.
No panicking. I just keep on following my strategy.
I took another trade (same coin I lost this morning). Here we are.
If this trade hit TP it will recover all loses I hv between yesterday and today.
However it is only wise for me to lock 100% profit at this point.