Live Trading Journal, Day 40. Today I want to shake some sense into the guys who are still going all in.
This market is moving so sluggishly it makes me want to smash my keyboard. BTC is just sitting around 82,640, barely moving. It climbed as high as 83,529, then pulled back…
That said, choppy markets like this are where people get burned the most. My system has been signaling “wait and see” the whole time.
ETH is also trading sideways, with volume as dried up as dehydrated vegetables.
I’ve seen a lot of guys chasing the hottest small-cap coins, like PEPE and WIF, which have been all over the news lately…
But I haven’t made a move, because when the trend is unclear, buying the dip is like trying to catch a falling knife.
I just stopped out of a position yesterday, and I’m still trying to get my head back in the game.
Today I’m sitting on the sidelines with no open positions. Protecting your capital is a thousand times more important than making a quick buck.
Honestly, don’t let trending topics cloud your judgment. It’s easy to get stuck holding the bag if you jump in now.
Would you dare to open a new position in this choppy market?
#交易心得 $BTC $XAUT
This market is moving so sluggishly it makes me want to smash my keyboard. BTC is just sitting around 82,640, barely moving. It climbed as high as 83,529, then pulled back…
That said, choppy markets like this are where people get burned the most. My system has been signaling “wait and see” the whole time.
ETH is also trading sideways, with volume as dried up as dehydrated vegetables.
I’ve seen a lot of guys chasing the hottest small-cap coins, like PEPE and WIF, which have been all over the news lately…
But I haven’t made a move, because when the trend is unclear, buying the dip is like trying to catch a falling knife.
I just stopped out of a position yesterday, and I’m still trying to get my head back in the game.
Today I’m sitting on the sidelines with no open positions. Protecting your capital is a thousand times more important than making a quick buck.
Honestly, don’t let trending topics cloud your judgment. It’s easy to get stuck holding the bag if you jump in now.
Would you dare to open a new position in this choppy market?
#交易心得 $BTC $XAUT