How to trade a fear market without becoming the next liquidation.
First, cut your size in half compared to a calm market, because volatility is higher and stops get hit faster. Second, always place a real stop loss before you enter, never a mental one you move when price goes against you. Third, avoid adding to a losing trade to average down, that is how a small loss becomes a liquidation. Fourth, take partial profit at the first target, so a winning trade cannot turn into a loser. Fifth, check the big levels first: Bitcoin $76,300 support and $77,700 resistance decide most altcoin moves right now. My own rule after a $1.53 billion liquidation week is simple, survive first, profit second, because traders who survive fear markets are the ones still funded when the real trend starts.
What is the one risk rule you never break, even in a fast market?
Follow for more trades.
#Crypto #Bitcoin #MarketUpdate #FuturesTrading #TradingSignals
First, cut your size in half compared to a calm market, because volatility is higher and stops get hit faster. Second, always place a real stop loss before you enter, never a mental one you move when price goes against you. Third, avoid adding to a losing trade to average down, that is how a small loss becomes a liquidation. Fourth, take partial profit at the first target, so a winning trade cannot turn into a loser. Fifth, check the big levels first: Bitcoin $76,300 support and $77,700 resistance decide most altcoin moves right now. My own rule after a $1.53 billion liquidation week is simple, survive first, profit second, because traders who survive fear markets are the ones still funded when the real trend starts.
What is the one risk rule you never break, even in a fast market?
Follow for more trades.
#Crypto #Bitcoin #MarketUpdate #FuturesTrading #TradingSignals
