tonight and during the day, I tested another one of the trading capabilities - hedging.
if you also try, here are my tips: 1) open small positions nearby 2) look for turning points for averaging and making profits instead of losses 3) open small positions - the same in each direction 4) cut 90-93% of the position as soon as you enter the profit zone 5) drag and set the stop-loss to a breakeven position THE MOST IMPORTANT - if your system gives 10/10, do not ignore it and always listen to the precise and clear information from the symbiosis of all indicators.
after all, the secret grail of a trader is: →the correct symbiosis of Eastern and Western technical analysis →irreversible and accurate risk management.
✓of course, it's unfortunate, but this is yet another proof for me that a trading system that gives a result of 10/10 should not be ignored.
you will succeed*))
by the way, did you make profits from the terrible deal, or what?
To trade, it is enough to just press long/short, but before pressing, you should: 1. Define a clear system of actions and rules in any direction of market movement 2. Analyze and do not rush, because the market is ALWAYS cyclical 3. Act according to this system
*Now success will always be with you
Timeframes are one of the very significant hints, especially when you are not just flipping from older to younger, but when you substitute and analyze the displayed data. The secret of candles existed before the start of the crypto market and will continue after, but one of its nuances is magnitude. If the trend is rising, the candles grow, if it weakens - the candles decrease)
The combination of Western and Eastern technical analysis will give you results. And even if you think you already know everything - keep digging deeper. It is in the depths that the secrets of treasures lie. Continue to find them one after another, develop and absorb information, because it is the symbiosis at the conscious and subconscious level that will provide the possibility for results. Growth. Growth. Growth - never hinders anyone.
When it comes to aggressive trading in futures, there are three clear directions in my understanding: - trend trading - counter-trend trading - hedging (simultaneous trading in Long and Short).
The constant search for information and understanding exactly why and how to trade correctly provides limited and mysterious resources such as: literature, Eastern and Western technical analysis, and data symbiosis. A huge thank you to everyone who is ready to continue the path of depth.
Before opening each position, I ask myself "why am I opening it in that direction" - as only a disciplined system in a constructive understanding of price directions in the market can help make the right steps.
Earlier, I tested counter-trend trading for myself, now I am delving into trend trading and sometimes even hedging.
The market is cyclical, and each of its cycles provides a clear understanding of what has happened, is happening, and will happen. Choosing the exchange #Binance allows you to understand through the auxiliary tools that the exchange provides. Coins rise and fall; it all depends on several factors, one of which is the news. Earlier, I thought this was unimportant, but after several losses and stop-losses leading to significant losses, it became clear – haste and greed are the biggest enemies of a trader striving for success. Analyzing all cumulative information is the key to success, more precisely, its best friend and companion, mentor, and guide. Do you want every trade to be successful? It's simple: 1) Choose the most suitable coin 2) Conduct a deep analysis 3) Develop a system for your own profits$ 4) Enter the trade and take the profit
Earlier, it was unpleasant to have losses with the wrong system and trades at x20 leverage; now it's disappointing that there is no higher leverage on the necessary coins than x75.