JBbrothers donโt miss
Well I do miss maybe nowadays one out of ten๐
Here are the reasons why I donโt miss on my predictions meanwhile,you all should send me my tips if you cash out from my prediction last night๐๐
Here are the points for you as a beginner
- I donโt trade all the time
- Even whenever I decide to, I donโt over-trade.
-I donโt ignore my analysis.
-You canโt win if you donโt regard the news and thanks to CZ for integrating the Binance feed.
- I analyze my stop loss and take profit and I make sure I execute them in any open order.
- I research my coin and trade on them.
- I donโt trade because the market is all green or all red.
- I manage my risk and I have to admit this that after 7 years of trading, managing risk is undoubtedly the most difficult part of trading.
- I leverage both ways either high or low all depend on the condition of the market at that point.
- Another valid point donโt be greedy. You canโt compare a margin of $2000 to that of $20000. This is a way of telling you let your profit be proportional to your margin.
- As a beginner donโt trade in between candlesticks in a volatile market. I used to approach trades like this. I calla that approach gambling
- Humble yourself and take your losses.
Is far better to loose $1000 than loosing $10000.
- Every successful trader at one point must have gone through liquidation. You and I are not above it just take it as a learning point and move on. As we speak more that $400 million have been liquidated in a short btc position.
- Monitor BTC price movement for months as part of your learning process
- Stop being hopeful. If you are hoping for a possible reversal you should also be hoping for a possible liquidation.
- Again donโt forget to integrate your stop loss and take profit
Here are my piece of advice for you
Most important at the moment, if youโve not open any order stay out of the market for now especially those that have open a short position and hoping for a possible reversal
Kindly follow for more tips
Well I do miss maybe nowadays one out of ten๐
Here are the reasons why I donโt miss on my predictions meanwhile,you all should send me my tips if you cash out from my prediction last night๐๐
Here are the points for you as a beginner
- I donโt trade all the time
- Even whenever I decide to, I donโt over-trade.
-I donโt ignore my analysis.
-You canโt win if you donโt regard the news and thanks to CZ for integrating the Binance feed.
- I analyze my stop loss and take profit and I make sure I execute them in any open order.
- I research my coin and trade on them.
- I donโt trade because the market is all green or all red.
- I manage my risk and I have to admit this that after 7 years of trading, managing risk is undoubtedly the most difficult part of trading.
- I leverage both ways either high or low all depend on the condition of the market at that point.
- Another valid point donโt be greedy. You canโt compare a margin of $2000 to that of $20000. This is a way of telling you let your profit be proportional to your margin.
- As a beginner donโt trade in between candlesticks in a volatile market. I used to approach trades like this. I calla that approach gambling
- Humble yourself and take your losses.
Is far better to loose $1000 than loosing $10000.
- Every successful trader at one point must have gone through liquidation. You and I are not above it just take it as a learning point and move on. As we speak more that $400 million have been liquidated in a short btc position.
- Monitor BTC price movement for months as part of your learning process
- Stop being hopeful. If you are hoping for a possible reversal you should also be hoping for a possible liquidation.
- Again donโt forget to integrate your stop loss and take profit
Here are my piece of advice for you
Most important at the moment, if youโve not open any order stay out of the market for now especially those that have open a short position and hoping for a possible reversal
Kindly follow for more tips