$VVV The biggest thing to avoid in contract trading is rushing.
In fact, being slow is sometimes just being fast. Being in no position is also a position. If you don’t see an opportunity, just wait and sit tight—when the real cards that belong to you arrive, then take action with an AA and go all in.
Grayscale’s discipline is simple: after each trade ends, take the profit out and switch to holding BTC, so the money that you earned doesn’t keep staying in the contract to wait to be given back.
Set your trailing stop-loss and take-profit in advance.
Wicks and spikes are the market’s business; sleeping is my business.
Making money relies on judgment. Being able to keep the money relies on discipline.
In fact, being slow is sometimes just being fast. Being in no position is also a position. If you don’t see an opportunity, just wait and sit tight—when the real cards that belong to you arrive, then take action with an AA and go all in.
Grayscale’s discipline is simple: after each trade ends, take the profit out and switch to holding BTC, so the money that you earned doesn’t keep staying in the contract to wait to be given back.
Set your trailing stop-loss and take-profit in advance.
Wicks and spikes are the market’s business; sleeping is my business.
Making money relies on judgment. Being able to keep the money relies on discipline.