One of the thing beginner traders don't know is when to stop trading. That's how they destroyed their acct.

We started trade and we had two consecutive loses, the other two trades are moving very dull after several hours still at entry. You see, u don't need to be told before u live market for another day.

One might say that since our risk reward ratio is good why not continue as the next win can clear our loses and the other might put us on profit so let's complete the 5 trades.

Yes I understand that. Pls know that such is done when market is very okay and volume are high and your signal directions are well predicted but a small move took you out and result to 3 loses. If the market is still clear enough u can go for other two. But when the market is absolutely dull and proving u wrong unnecessarily and u can't explain why u hit loss, I will advise u to quit totally after 3 consecutive loses as there are also high chances that the remaining two will also hit loss.

Losing 5 trades consecutively will take out 1/4 (25%) of your capital away. That's a huge lose to accept in just one day.

Na patience we just need for this crypto. If not that this trade is not part of our challenge trades, we would hv recover all our loses right now and will even be in profits. Because this will give us 41usd and our loss was just 15usd.

Anyways is not part. No worries.


Pls don't fomo and enter that trade, is doing nonsense now

Ok see this chart.i accessed it again from the 4hrs TF, I think is again okay for LONG entry.

Just ensure u hv ur SL at around 0.078.

U need a low leverage to get that.


On 10x your SL will be -140% and your TP will be +1400%
On 5x your SL will be -70% and your TP will be +700%.

Life is about risk, u may want to risk 50x . 😜

If u hv a 100usd account and u are told to enter this trade with 10usd with a 50% prediction that the trade might hit TP of 0.222 and u make 350usd profit and also there is a 50% chance of hitting SL and you will lose 33usd because the SL value of 0.078 is about -330%, Leverage is 25x though. My question, will u take this risk knowing that u saw hell before u raised the 100usd?

😄

Can history repeat itself? Recently the coin created support and then fire up and then fall down today. Again it started creating another support as seen in those circles, will it fire up again between today and tomorrow or it will go down more? Only time can tell. I have risk LONG trade on it. Something must kill a man. Lol

-330% SL to +3330% TP

Don't try it at home is spare money am using.

Let's go

GOOD MORNING
Let's trade

On our 100usd to 1000usd challenge acct, let's go

LONG


ETH


150X


TP: 2480 (+475%)


SL: 2380 (-150%)

This trade goes against of the rule a bit. So when u entered it be active and stay sharp to this channel because am watching closely and will advise on if to hold or close quickly. It's a very high probability trade and that's why we risk the leverage. Am here on the chart....

Lock your capital for 100% safety because we risked a high leverage

LONG


BEAT


25X


TP: 0.14 (260%)


SL: 0.123 (-75%)

Check ETH I adjusted the TP

Perfect chat. Hold let's see

Start....

Holding BEAT and ETH

Didn't go as planned. It reaches 200% only , secured Capital and I was pushed out. No loss no profit.

If not that I lock capital, it would hv hit SL.

We go again.

Now let's focus on the challenge from now

Na only me eat this one.

I believe this coin hv something to offer but the current market situation is not allowing it do it thing. But I keep monitoring it.

Risky to give u.

Not part of the challenge anyways.


I will still get a new entry for u guys on this coin

Another new entry of mine, capital locked.

Now look at the chart below to kn when to enter

This is what the current chart looks like. Entering inside this ranging zone is dangerous except if you are a sharp technical analyst and a good scalper. I will advise u wait till there is a breakout above the blue resistance line I drew there. Once a breakout occurs relax and let it retest back to the resistance line (which will then be a support), then take a LONG from there .