LJTrader

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$SLP Happy Wednesday!

$SPK PATIENCE, PATIENCE, TRUST IN YOUR STRATEGY

Today I made a mistake that no Trader should allow: GOING AGAINST MY PLAN.

$MYX has been found all day in a support area of a lateralization that it has practically had since it was launched.

I decided to trade LONG, taking advantage of the market's location in that area. Literally, I've been here all afternoon.

However, a few hours ago I decided to change my trade to SHORT due to the slow market and a short-term trend wanting to go short, and guess what happened: IT SHOT UP, LIQUIDATING MY TRADE.

These things must happen for you to learn to trust your knowledge, your intuition, and your Trading plan.

I re-entered LONG to follow my plan again, and now we are doing better.

I hope this makes me correct...

HAPPY SUNDAY!

$PENGU has lost strength and will now drop, so enter Short.

Always check your medium and long-term charts.

#Write2Earn How did your operations go today? If it didn't go well, don't try again. "Revenge is never good; it kills the soul and poisons it."

And if it went well, don't try again either. The ego can inflate so much that it can make you explode.

#Write2Earn How did it go for you in your operation today? If it didn't go well, don't try again. "Revenge is never good, it kills the soul and poisons it."

And if it went well, don't try again either. The ego can inflate so much that it can make you explode.

THE IMPORTANCE OF MARKET ANALYSIS:

Analyzing the context in which the Market is situated is crucial for making your entry decision.

To do this, you should review the medium-term and long-term charts (30m, 1H, 4H, 1D respectively) so you can understand the context in which the market is operating.

If you look at the short-term chart (1m, 5m) and observe an upward trend at first glance, it may be, or you may simply be in the middle of a pullback of a downward trend. That’s when you realize that making a decision without analyzing the context could cost you in your trading.

REMEMBER: More important than all of this is to build your strategy and stick to it.

P.S.: Open trades attached at this moment in $OMNI and $AIN

Regarding the rise that $BTC has been experiencing, what happened on May 11 that $BTC touched the bottom of the pool and then returned to the surface?

Have you traded futures with any financial instrument other than cryptocurrencies?

I arrived late to a bullish party that had $M this morning. However, I was able to detect the deep retracement that occurred after the abrupt fall, and I entered a short to exit quickly in the support area that would form.

If you want to learn about Futures, or share your experiences, follow me.

Follow me and I'll follow you, this way we share experiences

#WritetoEarnBinanceSquar Good night! Analyze carefully so that your operations have a higher chance of success.

$BTC $ETH $AIN How did it go for you today in your trades? I only put in 0.90 in this operation and it went well for me

😎

yes

Home Run!

I wanted to do some scalping before taking advantage of the Spot launch of #LA, and just as I opened the trade, I had an internet connection problem that prevented me from managing the trade. When I was able to restore the connection, it was already too late.

IMPORTANT: Risk management in a trade, along with the psychological factor, is even more important than technical analysis. When making a trade, always set your profit and loss limits, so the emotional impact won't be as harsh, and you learn to have self-control.

In a chart, it is important to identify the price movement. There can be three types of movements: sideways (or balance), bullish, or bearish. Having a clear understanding of the market context gives you an advantage when knowing at what price and in what manner (long/short) you will enter the market.

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