📚 TRADING ACADEMY: HOW TO SURVIVE A "FLASH CRASH" 📚
After seeing Bitcoin drop to $60,000 and bounce back to $66,000 in just a few hours, many traders are left confused and broke. Today, let’s learn how to handle this like a Pro Trader.
1️⃣ The "Wick" is Your Teacher 🕯️
When you see a long line (wick) at the bottom of a candle reaching $60k, it means there are massive Buy Orders waiting there. Professionals don't sell when the price is dropping fast; they wait for the "wick" to form to see where the big players are buying.
2️⃣ Stop-Loss vs. Liquidation 🛡️
Liquidation: Your entire balance goes to zero because you didn't set a limit.
Stop-Loss: You lose a small, controlled amount (e.g., 2-3%) and stay in the game. Rule: Never trade without a Stop-Loss, especially when BTC is moving $5,000+ in hours!
3️⃣ Avoid "Market Orders" in Volatility ⚠️
During a crash, "Slippage" is high. If you click "Market Sell" at $64k, you might actually get filled at $61k because of the fast movement. Always use Limit Orders to get the price you want
4️⃣ The 24-Hour Rule ⏳
After a massive crash, don't jump back in immediately. Let the market "settle." Usually, the market retests the bottom one more time before a real recovery. This is called a "Secondary Test."
💡 Pro Tip for My Followers:
The best traders aren't the ones who make the most money in a Bull Run; they are the ones who lose the least during a Crash. Capital preservation is the first step to wealth.
Did you survive the $60k dip? Drop a "YES" in the comments or ask your questions below! 👇
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