USDT/BTC stop loss bought back. #Loss: -1.0%
Close price: 12933.99.
Close price: 12933.99.
Statistic:
90/90/90
90 percent of traders lose
90 percent of their money within
the first 90 days 😞
90/90/90
90 percent of traders lose
90 percent of their money within
the first 90 days 😞
And the reasons are:
1) Lack of Risk Management
2) Over Leveraging (example Bitmex)
3) They over-trade (multiple trades in small period)
4) Slipage (they want to sell in 4000 but there is no volume, so they sell at 3800 when losing and trying to sell)
1) Lack of Risk Management
2) Over Leveraging (example Bitmex)
3) They over-trade (multiple trades in small period)
4) Slipage (they want to sell in 4000 but there is no volume, so they sell at 3800 when losing and trying to sell)
Things are getting crazy
We are taking a trade in order to protect our assets
unbelievable things happen these days
Remember this Rule:
1) BTC UP -> Altcoins go DOWN
2) BTC DOWN -> Altcoins go DOWN
3) BTC accumulates or distributes in a set range -> Altcoins go UP
1) BTC UP -> Altcoins go DOWN
2) BTC DOWN -> Altcoins go DOWN
3) BTC accumulates or distributes in a set range -> Altcoins go UP
BTC Update: Bitcoin has finally encountered difficulties and was rejected around $13,900.
However, we are still waiting for a decrease to $8,500 to fill the gab left on the weekend of June 15th and 16th.
However, we are still waiting for a decrease to $8,500 to fill the gab left on the weekend of June 15th and 16th.
We have setup a new trade in order to protect some BTC
Because weird things happen
so we need to protect some of our profits in BTC always
So this means practically that if price reaches the blue line we 11805 we will sell some BTC for USDT
If it goes to 11447 we will purchase again some BTC and we will earn about 2% in BTC
If it goes to 10978 we will purchase the BTC again with about 6% profit
If it goes under 10388 we will also purchase some BTC again
If it goes to 10978 we will purchase the BTC again with about 6% profit
If it goes under 10388 we will also purchase some BTC again
If it goes more than 12070 we will close the trade with 2% loss
but this is AFTER we purchase at 11800. If the price never goes to 11800 we don't purchase