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The best indicators set for tradingCrypto4light Indicators Set I spent a lot of time with backtesting and coding to create this set. 6 indicators which can cut all noise on your charts and bring more light in your trading strategy. Regardless of your trading style (intraday, scalping, swing trading), you can use all these indicators to increase your win rate. There is no single perfect indicator, so I created a set that will save you a lot of time. This is not a magic button - "money". But with proper risk management and integration this set in your trading strategy, this tool can be helpful tool. You can set alerts on the indicators, so you don't need to sit all day in front of charts. 🐳 Trade ON indicator ➡️ Buy/Sell The signal appears when you can open a position for buying or selling. Stop Loss can be set according to your risk management. Entry into the position can be at the appearance of the Buy/Sell signal and the closing of the candle. Stop Loss by the body or wick of this candle. Another entry option is to wait for the closing of 40-50% of the body of the candle on which you saw the Buy/Sell signal. Stop Loss by the body or wick of the candle on which you saw the Buy/Sell signal. On example you can see 35% profit on spot, 4H timeframe trade. Sometimes you can see signal just blinking, so wait until signal confirmed or try go to lower timeframe to see confirmation for entry by your risk management and strategy. ➡️ Red or Green triangles Once a Buy/Sell signal appears and you enter a position, you have several options. It all depends on your trading style and risk management. The first option - If, for example, you entered on the Buy signal, you can close the purchase at the appearance of the Take Profit signal, or at the appearance of the Sell signal, and open a position in another direction.The second option, after opening a position when triangles appear, this is a signal to close a certain percentage of the position in the plus. With each new triangle, you can close % of your position and move the Stop Loss to breakeven.The third option, after opening a position at the appearance of triangles, closing a full position and looking for a possible option to open a position in the other direction, closing the position after the triangles should take place at the appearance of the main Buy/Sell signal. ➡️ Take Profit ➡️ Two identical signals in a row 🐳 Direction indicator Circles will appear from above or below. The circles will signal that the main market makers are starting to reduce or gain their position. Big players always need liquidity, so they can build or reduce a position for quite a long time. Round dots are not the main signal for tradingA red or green triangle signals a final change in the local or global trend, depending on your timeframe. Market Makers or players with large positions have exited the market, or conversely gained enough position to change the direction of price movement.The green and red solid lines are the levels where the trend is most likely to end The green and red dashed lines are the levels where the big players are more likely to start gradually selling off or gaining a position to change the trend before the momentum. In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way. 🐳 ADZ (Accumulation/Distribution Zones) The red solid zone shows the zone where the big players will complete the sale of their position.The solid green area shows where the big players will accumulate their positions.The middle blue zone shows where medium and small players start to accumulate or sell off their positions.The yellow zone inside the blue zone shows a trend change and this means that most likely the big players have already gained a position to start selling or gaining it depending on the timeframe in which you are trading. 🐳 Take Profit indicator The first lower "Buy" line, when the price drops to this line is a good point to enter a position or gradually build a position.The bottom green line "Fundamental price" is the real value of the asset. Sometimes when the media background about the asset is negative and buyers are not interested in the asset, the price can fall below its fundamental price. Then this is the best time to buy the asset.The first upper Take Profit line is a line where you can lock part of the profit or close the entire position. There is a possibility of opening a short position if you trade on the futures market The very top Exit line is the line where you need to close 100% of the trade position. If you are an investor, you do not need to close the entire position and exit the asset, because all lines are dynamic and change depending on the cycle in which the asset is located. 🐳 Market Mood Indicator On different timeframes, you can view the mood that is currently present in the market. Trend, euphoria, position selection, or lack of interest. Red and orange color - fear and overbought in the market  Green - Accumulation and purchases on the market  Yellow - Gradual set of position  White - purchases and lack of interest from small investors  Blue - Neutral mood in the market I rename color zones so you can turn on alerts and easier understand notifications. Some colors got 2 alerts because of gradation based on input data, so you can choose any. You should understand on downtrend for example orange zone can be still be a belief sentiment because traders belief price will not drop. Dark red - Euphoria Light red - Thrill Orange (light and dark) - Belief / Strong Belief Yellow - Optimism Green - Hope Light blue - Disbelief Dark blue - Capitulation White - Depression 🐳 Money Power Indicator When the asset reaches one of the zones, it can serve as a good signal to close a part of the position or to start a gradual acquisition of the position according to your trading timeframe. An almost ideal signal for deciding whether to enter or exit a position would be a divergence on the price chart and the curve on the Money Power indicator. If you are in a long position, for example, and you see that the price on the chart continues to rise, but in the overbought zone, the lines of the Money Power indicator show lower highs, this is a signal that a large player has almost completely sold out his position on this timeframe. Of course, the price may continue to grow for some time depending on the timeframe, but such indicators usually indicate the outflow of money from large investors and small players will not be able to keep the asset from falling for a long time. Everything is the same but in a different direction in the oversold zone. When a big player gradually gains a position and we see that the money flow curve goes up, and the price on the chart and candles show lower minimums. This will be a great signal to enter a position. You can enter or close a position by analyzing older timeframes W, 3D 1D depending on your trading style. In new version you also can find a new signals (explanation with default colors, but you can modify it to your tradingview theme) Yellow block - Whales sell or close % of position Yellow block with arrow down - Whales strong sell Blue block - Whales buy Blue block with arrow up - Whales strong buy Triangle down - Bearish RSI divergency Triangle Up - Bullish RSI divergency Red Circle - Bearish MACD divergency Green Circle - Bullish MACD divergency I am not a financial advisor. All indicators created with my own personal experience. Do NOT trade or invest based only on indicators. Always do your own research and due diligence before investing. All indicators can be used on different timeframes. The higher timeframe, the stronger signal. Your entry or exit point should be base on several indicators from the set, your trading strategy and your risk management. Indicators cannot predict or analyze future events in the world, the release of data in economic reports, statements in the media by public figures, so always follow your risk management when you open trades. ☑️ Always follow risk management and this set of indicators will help you. I wish you successful trading. Just dm any social account to get access this set. #trading #crypto

The best indicators set for trading

Crypto4light Indicators Set
I spent a lot of time with backtesting and coding to create this set. 6 indicators which can cut all noise on your charts and bring more light in your trading strategy.
Regardless of your trading style (intraday, scalping, swing trading), you can use all these indicators to increase your win rate. There is no single perfect indicator, so I created a set that will save you a lot of time. This is not a magic button - "money".
But with proper risk management and integration this set in your trading strategy, this tool can be helpful tool. You can set alerts on the indicators, so you don't need to sit all day in front of charts.
🐳 Trade ON indicator

➡️ Buy/Sell The signal appears when you can open a position for buying or selling. Stop Loss can be set according to your risk management. Entry into the position can be at the appearance of the Buy/Sell signal and the closing of the candle. Stop Loss by the body or wick of this candle. Another entry option is to wait for the closing of 40-50% of the body of the candle on which you saw the Buy/Sell signal. Stop Loss by the body or wick of the candle on which you saw the Buy/Sell signal. On example you can see 35% profit on spot, 4H timeframe trade. Sometimes you can see signal just blinking, so wait until signal confirmed or try go to lower timeframe to see confirmation for entry by your risk management and strategy.

➡️ Red or Green triangles
Once a Buy/Sell signal appears and you enter a position, you have several options. It all depends on your trading style and risk management.
The first option - If, for example, you entered on the Buy signal, you can close the purchase at the appearance of the Take Profit signal, or at the appearance of the Sell signal, and open a position in another direction.The second option, after opening a position when triangles appear, this is a signal to close a certain percentage of the position in the plus. With each new triangle, you can close % of your position and move the Stop Loss to breakeven.The third option, after opening a position at the appearance of triangles, closing a full position and looking for a possible option to open a position in the other direction, closing the position after the triangles should take place at the appearance of the main Buy/Sell signal.

➡️ Take Profit

➡️ Two identical signals in a row

🐳 Direction indicator

Circles will appear from above or below. The circles will signal that the main market makers are starting to reduce or gain their position. Big players always need liquidity, so they can build or reduce a position for quite a long time. Round dots are not the main signal for tradingA red or green triangle signals a final change in the local or global trend, depending on your timeframe. Market Makers or players with large positions have exited the market, or conversely gained enough position to change the direction of price movement.The green and red solid lines are the levels where the trend is most likely to end
The green and red dashed lines are the levels where the big players are more likely to start gradually selling off or gaining a position to change the trend before the momentum. In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way.

🐳 ADZ (Accumulation/Distribution Zones)

The red solid zone shows the zone where the big players will complete the sale of their position.The solid green area shows where the big players will accumulate their positions.The middle blue zone shows where medium and small players start to accumulate or sell off their positions.The yellow zone inside the blue zone shows a trend change and this means that most likely the big players have already gained a position to start selling or gaining it depending on the timeframe in which you are trading.

🐳 Take Profit indicator

The first lower "Buy" line, when the price drops to this line is a good point to enter a position or gradually build a position.The bottom green line "Fundamental price" is the real value of the asset. Sometimes when the media background about the asset is negative and buyers are not interested in the asset, the price can fall below its fundamental price. Then this is the best time to buy the asset.The first upper Take Profit line is a line where you can lock part of the profit or close the entire position. There is a possibility of opening a short position if you trade on the futures market
The very top Exit line is the line where you need to close 100% of the trade position. If you are an investor, you do not need to close the entire position and exit the asset, because all lines are dynamic and change depending on the cycle in which the asset is located.

🐳 Market Mood Indicator

On different timeframes, you can view the mood that is currently present in the market. Trend, euphoria, position selection, or lack of interest.
Red and orange color - fear and overbought in the market 
Green - Accumulation and purchases on the market 
Yellow - Gradual set of position 
White - purchases and lack of interest from small investors 
Blue - Neutral mood in the market

I rename color zones so you can turn on alerts and easier understand notifications. Some colors got 2 alerts because of gradation based on input data, so you can choose any. You should understand on downtrend for example orange zone can be still be a belief sentiment because traders belief price will not drop.
Dark red - Euphoria
Light red - Thrill
Orange (light and dark) - Belief / Strong Belief
Yellow - Optimism
Green - Hope
Light blue - Disbelief
Dark blue - Capitulation
White - Depression
🐳 Money Power Indicator

When the asset reaches one of the zones, it can serve as a good signal to close a part of the position or to start a gradual acquisition of the position according to your trading timeframe.
An almost ideal signal for deciding whether to enter or exit a position would be a divergence on the price chart and the curve on the Money Power indicator. If you are in a long position, for example, and you see that the price on the chart continues to rise, but in the overbought zone, the lines of the Money Power indicator show lower highs, this is a signal that a large player has almost completely sold out his position on this timeframe.
Of course, the price may continue to grow for some time depending on the timeframe, but such indicators usually indicate the outflow of money from large investors and small players will not be able to keep the asset from falling for a long time. Everything is the same but in a different direction in the oversold zone. When a big player gradually gains a position and we see that the money flow curve goes up, and the price on the chart and candles show lower minimums. This will be a great signal to enter a position. You can enter or close a position by analyzing older timeframes W, 3D 1D depending on your trading style.
In new version you also can find a new signals (explanation with default colors, but you can modify it to your tradingview theme)
Yellow block - Whales sell or close % of position
Yellow block with arrow down - Whales strong sell
Blue block - Whales buy
Blue block with arrow up - Whales strong buy
Triangle down - Bearish RSI divergency
Triangle Up - Bullish RSI divergency
Red Circle - Bearish MACD divergency
Green Circle - Bullish MACD divergency

I am not a financial advisor. All indicators created with my own personal experience. Do NOT trade or invest based only on indicators. Always do your own research and due diligence before investing.
All indicators can be used on different timeframes. The higher timeframe, the stronger signal. Your entry or exit point should be base on several indicators from the set, your trading strategy and your risk management. Indicators cannot predict or analyze future events in the world, the release of data in economic reports, statements in the media by public figures, so always follow your risk management when you open trades.
☑️ Always follow risk management and this set of indicators will help you. I wish you successful trading.
Just dm any social account to get access this set.
#trading #crypto
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After yesterday's FOMC meeting, the market expects the first interest rate cut only in September $BTC {future}(BTCUSDT)
After yesterday's FOMC meeting, the market expects the first interest rate cut only in September
$BTC
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Gala Price Prediction. Why Classic TA doesn't work!?

Gala Price Prediction. Why Classic TA doesn't work!?

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When your coin is ready to the moon!

When your coin is ready to the moon!

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Buterin named ways to use cryptocurrencies in everyday life $ETH According to the co-founder of Ethereum, blockchain technology can be used to verify identity, credentials or reputation. Cryptocurrency P2P platforms that have an improved interface and low commissions are suitable for payments, according to the developer. Buterin also sees prospects in decentralized social networks. In addition, he highlighted the prediction markets. #EthereumETF
Buterin named ways to use cryptocurrencies in everyday life $ETH
According to the co-founder of Ethereum, blockchain technology can be used to verify identity, credentials or reputation.
Cryptocurrency P2P platforms that have an improved interface and low commissions are suitable for payments, according to the developer.
Buterin also sees prospects in decentralized social networks. In addition, he highlighted the prediction markets.
#EthereumETF
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CRV Price Prediction. Curve historical Lower low

CRV Price Prediction. Curve historical Lower low

Market Makers in Crypto: Who Controls the Cryptocurrency Market?Functions of Market Makers Market makers perform several essential functions in the cryptocurrency market, including: Providing Liquidity: They ensure there is enough liquidity between buyers and sellers to maintain active market participation. Providing Quotes: They offer bid and ask prices at any given time, facilitating trades between market participants. Risk Management: Market makers manage trading risks and maintain a balanced risk-return ratio to protect their interests and those of their clients. Providing Advice: They supply market information and analysis to assist clients in making informed trading decisions. Improving Market Efficiency: By reducing the spread between buyers and sellers, market makers enhance overall market efficiency. Market makers in the crypto industry operate similarly to traditional market makers. They provide market liquidity, execute buy and sell orders instantly, and earn profits from the spreads between these orders. However, due to the relatively unregulated nature of the cryptocurrency market, there is no stringent code of conduct for market makers, and the technical demands for ensuring transaction security are higher. Market makers follow a simple principle: "buy low, sell high." This approach requires handling large volumes of transactions, sometimes up to tens of thousands per second. They use advanced algorithmic programs to monitor numerous parameters and recalculate forecast prices multiple times per second, thus providing market liquidity without incurring losses. Despite this, even sophisticated trading algorithms can falter due to rapid trade speeds or incorrect price predictions. During periods of high volatility, market makers might incur losses while trying to stabilize the market. Therefore, a stable or slightly fluctuating market is ideal for them, while days with significant price movements can lead to substantial losses. In essence, while regular market participants react to past events, market makers anticipate future market movements to set optimal buy and sell prices and determine order volumes. Cryptocurrency exchanges and market makers often collaborate closely. Some exchanges maintain their own market-making teams, while others partner with third-party market makers. This cooperation can take two forms: Direct Cooperation with Crypto Exchanges: Exchanges offer special programs for market makers, providing personalized trading terminals. Through APIs, exchanges share order book information and market depth with market makers, facilitating pricing and matchmaking. Indirect Cooperation with Crypto Exchanges: Market makers provide over-the-counter (OTC) market-making services through intermediaries or platforms. Market makers are crucial but not mandatory for liquidity provision on crypto exchanges. They must negotiate terms such as commission distribution and trading volumes with exchanges to ensure profitable and smooth cooperation. Additionally, they must adhere to exchange rules and external regulations to ensure legal compliance. From a trading mechanism perspective, market makers with internal exchange connections play a significant role in price determination, which can help prevent price manipulation to some extent. Their presence enhances exchange liquidity, improving user experience and loyalty, and making the exchange more profitable. Consequently, exchanges often offer discounts to market makers for their activities. $ETH $NOT $CRV #crypto #marketmakers

Market Makers in Crypto: Who Controls the Cryptocurrency Market?

Functions of Market Makers
Market makers perform several essential functions in the cryptocurrency market, including:
Providing Liquidity: They ensure there is enough liquidity between buyers and sellers to maintain active market participation.
Providing Quotes: They offer bid and ask prices at any given time, facilitating trades between market participants.
Risk Management: Market makers manage trading risks and maintain a balanced risk-return ratio to protect their interests and those of their clients.
Providing Advice: They supply market information and analysis to assist clients in making informed trading decisions.
Improving Market Efficiency: By reducing the spread between buyers and sellers, market makers enhance overall market efficiency. Market makers in the crypto industry operate similarly to traditional market makers. They provide market liquidity, execute buy and sell orders instantly, and earn profits from the spreads between these orders. However, due to the relatively unregulated nature of the cryptocurrency market, there is no stringent code of conduct for market makers, and the technical demands for ensuring transaction security are higher.
Market makers follow a simple principle: "buy low, sell high." This approach requires handling large volumes of transactions, sometimes up to tens of thousands per second. They use advanced algorithmic programs to monitor numerous parameters and recalculate forecast prices multiple times per second, thus providing market liquidity without incurring losses. Despite this, even sophisticated trading algorithms can falter due to rapid trade speeds or incorrect price predictions. During periods of high volatility, market makers might incur losses while trying to stabilize the market.
Therefore, a stable or slightly fluctuating market is ideal for them, while days with significant price movements can lead to substantial losses. In essence, while regular market participants react to past events, market makers anticipate future market movements to set optimal buy and sell prices and determine order volumes.
Cryptocurrency exchanges and market makers often collaborate closely. Some exchanges maintain their own market-making teams, while others partner with third-party market makers. This cooperation can take two forms:
Direct Cooperation with Crypto Exchanges: Exchanges offer special programs for market makers, providing personalized trading terminals. Through APIs, exchanges share order book information and market depth with market makers, facilitating pricing and matchmaking.
Indirect Cooperation with Crypto Exchanges: Market makers provide over-the-counter (OTC) market-making services through intermediaries or platforms. Market makers are crucial but not mandatory for liquidity provision on crypto exchanges. They must negotiate terms such as commission distribution and trading volumes with exchanges to ensure profitable and smooth cooperation. Additionally, they must adhere to exchange rules and external regulations to ensure legal compliance. From a trading mechanism perspective, market makers with internal exchange connections play a significant role in price determination, which can help prevent price manipulation to some extent. Their presence enhances exchange liquidity, improving user experience and loyalty, and making the exchange more profitable. Consequently, exchanges often offer discounts to market makers for their activities. $ETH $NOT $CRV
#crypto #marketmakers
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CBC, China's largest bank, calls $ETH "digital oil" The bank recently published a report praising Ethereum's security and scalability upgrades. And if Bitcoin is called " digital gold ", Ethereum was called "digital oil" in the report, emphasizing its role in the digital economy. The report deserves special attention, given that China prohibits financial institutions from providing services related to cryptocurrencies. #Ethereum
CBC, China's largest bank, calls $ETH "digital oil"
The bank recently published a report praising Ethereum's security and scalability upgrades. And if Bitcoin is called " digital gold ", Ethereum was called "digital oil" in the report, emphasizing its role in the digital economy.

The report deserves special attention, given that China prohibits financial institutions from providing services related to cryptocurrencies. #Ethereum
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Market Makers in Сrypto! Who controls the cryptocurrency market?!

Market Makers in Сrypto! Who controls the cryptocurrency market?!

$XRP bought Standard Custody & Trust Co , a company that has about 40 licenses that allow money transfers throughout the United States.  The purpose of the purchase is global expansion in the USA. #Ripple💰 #Xrp🔥🔥
$XRP bought Standard Custody & Trust Co , a company that has about 40 licenses that allow money transfers throughout the United States.
 The purpose of the purchase is global expansion in the USA.
#Ripple💰 #Xrp🔥🔥
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Ethereum Foundation saw heavyloads last week The two main wallets of the $ETH Foundation sold 200 ETH at a price of $3,724 per ether for $744 thousand. Since the beginning of 2024, these same wallets have sold 2,166 ETH for $6.21 million. The third wallet, about three days ago, deposited 15,255 ETH ($55.6 million) on Kraken when the price per ether was $3,648. #ETHETFsApproved #EthereumETF
Ethereum Foundation saw heavyloads last week
The two main wallets of the $ETH Foundation sold 200 ETH at a price of $3,724 per ether for $744 thousand. Since the beginning of 2024, these same wallets have sold 2,166 ETH for $6.21 million.
The third wallet, about three days ago, deposited 15,255 ETH ($55.6 million) on Kraken when the price per ether was $3,648.
#ETHETFsApproved #EthereumETF
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Liquidation for $22.6 million $CRV founder Mikhail Egorov was liquidated in the DeFi protocols in which he held his CRV tokens. #crv
Liquidation for $22.6 million
$CRV
founder Mikhail Egorov was liquidated in the DeFi protocols in which he held his CRV tokens.
#crv
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IO Price Prediction. Zones for correction

IO Price Prediction. Zones for correction

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Locations of the largest concentrated volumes of $BTC - All exchanges - 2.3 million BTC - Miners (except Satoshi) - 706,000 BTC - Spot ETFs – 862,000 BTC - US Government - 207,000 BTC - Mt.Gox Stewards - 141,000 BTC #BTC
Locations of the largest concentrated volumes of $BTC
- All exchanges - 2.3 million BTC
- Miners (except Satoshi) - 706,000 BTC
- Spot ETFs – 862,000 BTC
- US Government - 207,000 BTC
- Mt.Gox Stewards - 141,000 BTC
#BTC
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80 Largest Bitcoin ETF Holders, According to SEC Data $BTC #BTC☀
80 Largest Bitcoin ETF Holders, According to SEC Data $BTC
#BTC☀
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Over the past 48 hours, more than 14,140 BTC worth $ 954 million were withdrawn from exchange wallets $BTC
Over the past 48 hours, more than 14,140 BTC worth $ 954 million were withdrawn from exchange wallets $BTC
Control of EmotionsTrading in the cryptocurrency market often resembles a marathon where everyone aims to be the first. Unlike running, where there's only one winner, multiple traders can succeed in the crypto marathon. However, success in trading involves serious psychological work, which we'll discuss today. Everyone aspires to achieve their goals and be successful. Beginners in any field need to go through a learning curve, gradually honing their skills. The crypto market is not about luck; it requires constant self-improvement, learning from mistakes, and analyzing actions. The psychology of crypto trading involves a set of rules, methods, and actions to ensure successful trading, profit-making, and minimizing unavoidable failures. A professional trader approaches trading with a focus on results and a realistic assessment of risky situations. Financial success, in the form of net profit, is the ultimate goal. Let's explore the basic psychological tools used by professionals for successful trading: Always at Hand The whole world of cryptocurrencies is in your pocket. Don't Think About Defeat When starting a trade, don't focus on potential losses. Such thoughts set you up for failure from the outset. Be confident and avoid dwelling on the fear of making mistakes. While mistakes will happen, treat them as valuable lessons and continue improving your trading skills. Visualize Although not a scientific method, psychologists emphasize the importance of visualization. By visualizing success, you can block out fears of making mistakes and focus on achieving your goals effectively. Visualize yourself executing your strategy professionally and accurately, then act accordingly. Be a Recluse Cryptocurrency trading is a solitary activity. Ignore other people's opinions and avoid external interference. Your forecast accuracy will improve when you analyze market situations independently, without relying on others' advice. Self-Realization Comes First While trading in the crypto market is finance-related, view it as a creative process that should bring you satisfaction. Be confident in yourself and your success, and see trading as a means of self-fulfillment. This mindset will help you navigate the chaotic and unpredictable market as a tool for success. Think About the Risks Never risk funds you aren't prepared to lose. Consider potential losses when creating your strategy. Stick to your loss limits, even if the temptation for larger trades is high. Sometimes, multiple small trades can be more profitable than one big trade. Discipline Avoid reacting to sudden emotions or news. Trade according to your pre-developed plan without deviation. In trading, discipline is synonymous with success. This is particularly crucial for novice traders, as the volatile market often puts psychological pressure on them. Control of Emotions Monitor your emotional state and avoid trading when influenced by certain news or events. Emotional trading leads to losses. If you notice impulsive decision-making, take a break to calm down. Vacation Everyone needs breaks. If emotions and feelings drive you, take a break and avoid thinking about trading, assets, or cryptocurrencies. Engage in activities you enjoy and spend time with loved ones to recharge. Statistics Keep detailed statistics. This advice is valuable for both beginners and experienced traders. Record the number of transactions per day, profit and loss balance, positions, and other indicators. Analyze this information weekly. Statistics are a great way to create an effective strategy. #CryptoDecision #trading #psychology

Control of Emotions

Trading in the cryptocurrency market often resembles a marathon where everyone aims to be the first. Unlike running, where there's only one winner, multiple traders can succeed in the crypto marathon. However, success in trading involves serious psychological work, which we'll discuss today. Everyone aspires to achieve their goals and be successful. Beginners in any field need to go through a learning curve, gradually honing their skills.
The crypto market is not about luck; it requires constant self-improvement, learning from mistakes, and analyzing actions. The psychology of crypto trading involves a set of rules, methods, and actions to ensure successful trading, profit-making, and minimizing unavoidable failures. A professional trader approaches trading with a focus on results and a realistic assessment of risky situations. Financial success, in the form of net profit, is the ultimate goal. Let's explore the basic psychological tools used by professionals for successful trading:
Always at Hand
The whole world of cryptocurrencies is in your pocket.
Don't Think About Defeat
When starting a trade, don't focus on potential losses. Such thoughts set you up for failure from the outset. Be confident and avoid dwelling on the fear of making mistakes. While mistakes will happen, treat them as valuable lessons and continue improving your trading skills.
Visualize
Although not a scientific method, psychologists emphasize the importance of visualization. By visualizing success, you can block out fears of making mistakes and focus on achieving your goals effectively. Visualize yourself executing your strategy professionally and accurately, then act accordingly.
Be a Recluse
Cryptocurrency trading is a solitary activity. Ignore other people's opinions and avoid external interference. Your forecast accuracy will improve when you analyze market situations independently, without relying on others' advice.
Self-Realization Comes First
While trading in the crypto market is finance-related, view it as a creative process that should bring you satisfaction. Be confident in yourself and your success, and see trading as a means of self-fulfillment. This mindset will help you navigate the chaotic and unpredictable market as a tool for success.
Think About the Risks
Never risk funds you aren't prepared to lose. Consider potential losses when creating your strategy. Stick to your loss limits, even if the temptation for larger trades is high. Sometimes, multiple small trades can be more profitable than one big trade.
Discipline
Avoid reacting to sudden emotions or news. Trade according to your pre-developed plan without deviation. In trading, discipline is synonymous with success. This is particularly crucial for novice traders, as the volatile market often puts psychological pressure on them.
Control of Emotions
Monitor your emotional state and avoid trading when influenced by certain news or events. Emotional trading leads to losses. If you notice impulsive decision-making, take a break to calm down.
Vacation
Everyone needs breaks. If emotions and feelings drive you, take a break and avoid thinking about trading, assets, or cryptocurrencies. Engage in activities you enjoy and spend time with loved ones to recharge.
Statistics
Keep detailed statistics. This advice is valuable for both beginners and experienced traders. Record the number of transactions per day, profit and loss balance, positions, and other indicators. Analyze this information weekly. Statistics are a great way to create an effective strategy.

#CryptoDecision #trading #psychology
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The largest Brazilian bank Itau Unibanco is launching Bitcoin trading for all clients. Itau Unibanco has 60 million customers in Latin America! $BTC
The largest Brazilian bank Itau Unibanco is launching Bitcoin trading for all clients.

Itau Unibanco has 60 million customers in Latin America! $BTC
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