All you need to be a successful trader is just one trading method.
🤫Heres the method I’ve used to make MILLIONS of dollars:
When you stick to just one trading method your chances of success increase exponentially.
Mastering one strategy will yield much better results in terms of profits and consistency.
When I first started trading, I dabbled with multiple strategies, getting overwhelmed.
I realized the importance of mastering one over juggling many.
The basics of my trading is using supply & demand concepts to find trade entries and exits.
Supply zones and demand zones are crucial areas on a chart which can predict potential reversals or continuations.
📊Chart Setup
I start with a clean $BTC chart, usually on a daily timeframe to identify major zones.
However, for intraday trades, I use the 5M and 15M to execute trades.
✍️Drawing Zones
For supply zones, I look for a sharp price drop.
For demand zones, a sharp rise.
I mark these areas, ensuring I encompass both wicks and bodies of candles.
✅ Validation
Not all zones are equal.
If price revisits a zone and shows a strong reaction (bouncing off or dropping sharply), it validates the strength of the zone.
🤑Review
Post-trade, I always review.
Did the trade go as expected? Were the zones accurate?
This continuous learning refines the strategy over time.
☑️ Risk Management
Never go all-in.
Even with the best analysis, the market can surprise.
Allocate only a fraction of your portfolio to any given trade.