just an idea, wanna know your thoughts about this little fake out pump and then downtrend starts again maybe?
I made a visual explanation investing mid/long-term with DCA and of how effective DCA is and how to do it based on a weekly chart, no matter how much money you got, you can adapt to your capital Understand that this is an example amongst many other and you are not obligated to follow this strategy, it's just to guide if you're new to DCA. It's not a financial...
a very obvious visual but necessary to share, I don't want any of you to fall into this madness of praying for a trade to work this is a reminder to not fall into FOMO trading to counter this, you need to remind yourself about the type of trades you are into, are you in an intraday swing, are you on a big swing that could take weeks or months to happen ? then,...
just an idea, this would be really interesting if it happens don't base your trade off of this, I'm just having fun on a chart NFA DYOR
this is an example of a crab market, reference : BTC 2015 I'm sharing this because today, in 2022, people only expect extreme dump or extreme pump instead of trading level to level, they put themselves in situation of disadvantage due to their high expectations high ego and high expectations will always be the main reasons of big losses just keep in mind that a...
Never forget how bullish CT were back in April 2022 when price did a 3 tap bottom and then started a relief rally they all called for bottom, and then the HTF downtrend continued instead of focusing on whether the bottom is in or not, focus on the price action, focus on what's actually happening and focus on building a trading system with a good risk management
This is a small alpha to teach you how to actually swing, enter, take profit etc chart reference here is $ETH 4h chart the idea is to keep it as simple as possible because the more complicated you make your T.A, the more doubts you'll generate. Overanalyzing also creates doubts and you know, doubts kill more dreams than failure ever will
MOST complain about it, a few enjoy it the market owes u nothing u gotta trade with what it has to give and that's all it's so repetitive that it actually is easy to trade yet, most prefer to complain & call everything "a scam" instead of working on themselves & on their skills
This is a potential fractal on $SOL a little relief rally could happen on it note that this isn't a signal, nor a financial advice It's just speculation and possibilities please DYOR
this is an example of how the mass think and why the mass always lose Avoid thinking this way and you'll do better than most traders on CT be smarter than the mass and zoom out to see the bigger picture
This isn't FUD, it's just to give more perspective I can't predict the future, I don't know what tomorrow's price will be etc but what I know is to be prepared for any scenario and to zoom out to avoid being too caught up with my emotions and bias educational purpose only
educational post on $BTC 1h chart this is where most novice make the wrong decision trying to go long thinking it's gonna pump more cuz they missed out on previous pumps and then they get rekt
and another FOMO trader type of thoughts that you definitely want to AVOID (I posted a FOMO vs JOMO educational content previously, feel free to check it before or after checking this one)
read the text in the chart instead of being a FOMO trader, be a JOMO trader (reasons are written on the screenshot) I hope this will help you FORTIFY your MINDSET and make you heal from your scars (losses) u have the capability to shift ur mind and to become a healthy trader
with the T.A & tutorials u see online, we often have those type of expectations (and I've fallen into it too that's why I'm writing about it) EXPECTATION VS REALITY price doesn't just simply go up and down sometimes it goes sideways and u gotta include this in ur observation
Everything is written on the chart already Just read it, take your time to understand the psychology the only thing that's not written on the text is Stop loss, it's good to have a stop loss at the initial entry, stop loss above the previous high for the pull backs, you need to adjust according to your entry, according to how much you can afford to lose this is...
29k couldn't be the bottom, because everybody on twitter were 100% convinced that it would be the bottom the mass never wins the mass is never right I hope you keep on learning and growing whoever tryna predict the real bottom will just have a more biased analysis which can be deadly, observing should always be done with OBJECTIVITY look, $LUNA dived from 119$...
May 3rd, 2022 I've tweeted that Alt coins could go down -80% to -90% from their ATH this happened quicker than expected today we have $LUNA reaching -88% down from ATH