š Steel nerves and patience are a traderās greatest assets
Weāve all seen it: the market turns red, a coin drops 20% or 30%, the feed is full of panic, and bloggers are shouting āscam, going to zero.ā
The first emotional reaction is to close at a loss or panic-short right at the bottom.
But if you look at the chart through a Market Makerās eyes, the picture looks completely different.
Whatās really happening during these sell-offs?
- Liquidity sweep: Longsā stop-losses get triggered, and their liquidations are scooped up into the order book.
- Panic trap: Seeing red candles, people start piling into shorts near the lows.
- Shakeout: As soon as the crowd is completely exhausted and gives up its coins, the reversal impulse kicks in.
Trading is a process of transferring money from the impatient to the patient. Keep a cool head, follow risk management, and donāt give up your positions based on emotion!
š How do you deal with panic during deep sell-offs? Do you wait or close your positions? Tell us in the comments!
š Likes, subscriptions, and tips are welcome if this approach to trading resonates with you!
$BTC $MAGIC $STRK #BinanceSquare #Trading #Crypto #VSA #RiskManagement
Weāve all seen it: the market turns red, a coin drops 20% or 30%, the feed is full of panic, and bloggers are shouting āscam, going to zero.ā
The first emotional reaction is to close at a loss or panic-short right at the bottom.
But if you look at the chart through a Market Makerās eyes, the picture looks completely different.
Whatās really happening during these sell-offs?
- Liquidity sweep: Longsā stop-losses get triggered, and their liquidations are scooped up into the order book.
- Panic trap: Seeing red candles, people start piling into shorts near the lows.
- Shakeout: As soon as the crowd is completely exhausted and gives up its coins, the reversal impulse kicks in.
Trading is a process of transferring money from the impatient to the patient. Keep a cool head, follow risk management, and donāt give up your positions based on emotion!
š How do you deal with panic during deep sell-offs? Do you wait or close your positions? Tell us in the comments!
š Likes, subscriptions, and tips are welcome if this approach to trading resonates with you!
$BTC $MAGIC $STRK #BinanceSquare #Trading #Crypto #VSA #RiskManagement