Stop Loss is such a thin line in trading, because it will always be hunted by the algorithm. It always finds a way to snatch your stop loss and then movement and momentum builds from it. I am terrified by a stop loss generally speaking. What are your thoughts.
#BZUSDT oil is at a point where movement in to the upside is inevitable. We might visit a higher level from here. I am engaging in a trade. You can join me under tight risk management. always DYOR AND TRADE SAFE.
TURN TABLE- PRINCIPLE 12. Normally, few people have taken trading seriously. Majority of the people who are out there executing trades are gambling. YES, RIGHT! You want to catch up with a small cash draw back that you have, a missed bill, latest gadget in town, a new toy, a certain designer attire, a new neighborhood etcetera. Then you drop into the exchange platform some few coins hoping to catch the move of a popular crypto guru. Oops! You miss it entirely, the move ends up bagging your cash but since it was just a small amount, you let it go and never take it seriously. Then tomorrow comes and you are sure that this is your day. You put in a few coins into the exchange, some change hoping that this is going to be a different day altogether. The latest guru will get it right today and the pattern repeatedly continues. Another loss, a small loss, you can manage it. You do not care much or give it much attention. By the end of it all you have accumulated a heavy loss. Little by little, brick by brick your get destroyed and also accumulate bad trading habits. The total sum lost is a huge one altogether. No one is monitoring you since you are an adult but deep down you feel the pain. You have no accountability of these little coins you through in the exchange. Since the investment capital is always treated as small change then the trader does not see necessity to invest in the trading skill itself. The trader gets comfortable copying what other gurus are trading without any idea edge or bias. These leads to more accumulated bad habits and loss of capital. I was doing that every single day of my trading journey before. I lost many times. I closed many accounts and totally blocked numerous exchanges in the main aim of getting out of that toxicity. The more I tried the more I got hooked into the menace. Until I took in the RED PILL> Today every trade that I take, a small trade a big trade I have to show it to someone, and then the results of that trade will speak for itself. I have to send the same to you as my confidant so that you can see it and that way I have to do my best. I want to walk as I talk/ walk it like I talk it. RED PILL has no shortcut. You choose what you want with your life. The choice is always yours. It has been 12 days now and I cannot look back. I want to be accumulating gains on a day to day consistently enough to make me a better trader. I choose to win amid the noise, hype and craze. IT IS NOT A WALK IN THE PARK, IT IS NOT A BACQUET OR ROSES, IT IS TIRESOME= WE ARE WINNERS. SOLUTION IS TO BE YOURSELF AT ALL TIMES. ANALYSE, SAMPLE, TRAIN, EXECUTE BY YOURSELF. Winning here is going to be squarely dependent on you. Choose the pairs you want to use and study them thoroughly. Be involved in your trades inside out. That way you can share the vibe confidently. /TRADING IS A JOB- TREAT IT LIKE SO/ See you at the top #btc70k
OIL #CrudeOilFutures LOOKS LIKE IT HAS ACCUMALATED SOME POWER TO PUSH IT HIGHER, DYOR. This one is worth taking a closer look especially that #Irannews says there is a drop to 75% of their supply to the international waters. Green is the color. Stay safe and trade safe.
TURN TABLE- PRINCIPLE 11. EVERY PERSON WAS CREATED WITH THEIR OWN UNIQUE STRENGHT, GIFT, TALENT, CAPABILITY. That’s a naturally given. Even you. That is in effect even here in the trading world. I have learnt something over the years. Whenever trades are in a bear territory, they make the trade seem so easy to execute, BUT I have suffered more losses in shorting than I can remember. The charts seem so easy to interpret/ read when they are in the bear zone and many people are able to catch beautiful moves although some are severely punished and end up blowing their accounts. I hence forth will talk to us in regards to- easily and comfortably identifying through my own special gift when the right time to long comes. I am naturally good there. I can call and ID a Long trade from a mile away and the conviction is most times right. A young trader out there straggling to move forward, I urge you to sit yourself down and come up with your own easy pizzy strategy or style so that you can win this war. This is only identified when you focus and mean business. Sit in a quiet place and ask yourself some serious questions that help pinpoint your strength. SOLUTION- FIND AN AREA YOU ARE GOOD, USE THAT STRENGTH AND UTILISE IT TO THE MAX. BE THE BEST VERSION= BE A PRO. This is how we are able to name some people in certain fields as PROFESSIONALS (PRO) It means another person can pay you to perform that specialty. I have decided from the experience gained that it is better you work best at the field which you thrive best. At first it may seem difficult but over training the right way, it sits well in your heart and you can perform the specialty even in your sleep. Let us strive to be best at the strategies that fit us well and from that angle we shall win together. Trading is lucrative and well paying, on top of that you are King over how you spend your time. /CHOOSE THE BEST VERSION OF YOU & WORK WITH THAT TO THE TOP/ SEE YOU AT THE TOP BRO. Always stay and trade safe. The best always wins. Be the best my friend. #XRP
DEMAND FOR METALS, #XAUUSD #XAUUSD Silver and Gold normally tell a story that not every commentator is saying in the open. Interest from institutions is the main driving force of major commodities across exchanges. Means that when they are leaning more on traditionally money, their conviction for the current market narrative has shifted. Maybe a closer look can bring this msg out and clear, DYOR, STAY SAFE.
#silvertrader TURN TABLE- PRINCIPLE 10 I am targeting my very hard heart today, my hard fingers, I am talking to you so you can clearly hear me and understand what I am telling you. My soul inside deep knows what is right and what is wrong, but my hands have a tendency of acting in a way opposite to what my soul wants. That is why I want to sharpen my senses of hands activity to match and merge with the sensation of my soul today. SOLUTION- HOLDING A WINNER AND CUTTING IMMEDIATELY A LOSING TRADE. This is a call so hard sometimes for my hands to handle. I find myself trimming a position size when it is winning and when one is losing I am adding capital into it which is very dangerous. I want to maintain a tradition of reading the direction of a trade and when I execute with precision I follow the trade when right for as long as the momentum allows. I want my hands to execute a trade right and follow it if the bias was right continuously to 25% profit, 50% profit, 75% profit and max at 100%. I want my system to know that it executed to conduct a trade transaction of making profit at certain levels and if I am wrong cut the trade all together without emotion. Let us shine together/ Let us win this war together. It has never been easy but with the right practice we succeed. To all young traders and learners out there, let there be some memorandum of understanding between you and your hands so as they follow only the way you want them to. Otherwise I need to train my hands to act only when instructed to act towards specific directions. /BE STEADY MY HANDS/ See you at the top traders. It is Friday Watch out for a lot of things happening on Fridays. Stay safe.
Today I want to reach out to self.(myself) A trader who breaks his own rules. That is me. I am reminding myself-my own rules. The simple rules that I broke because of Indiscipline. I will call them out to heat them and engage approprietly. I will follow at night and during the day. In my dreams and in my reality. I will not break them again. My consciousness- mark this inside my heart soul mind and body for good. I will always use H.T to determine entry of my bias all the days of my trading. I will always take long-bullish bias all the trades I make. I will use low leverage to actualize the long setups. SOLUTION- USE H.T - ENTER LONGS ONLY AFTER CONFIRMATION - I WILL USE LOW LEVERAGE ALWAYS. REPEAT. These are my personal guidelines to help me win this war. /FOLLOW THEM TO THE LETTER JOHNCYBORG/ See you at the top.#ChinaLaunchesBroadestTradeRetaliationOnUSFirms