Hello, I am professional trader having experience of more than 10 years in different markets like forex and crypto. You will experience a good change here.
It is true that 90-95% people in trading markets loose their money??? Yes in case of newbie it happens in most cases, but if you follow regularly risk managment and do proper analysis then there are 80% chances that you will be profitable and successful.
Is it possible to set stoploss in crypto or Risk management? Yes definitely, But in most cases there will for a wick hunting stop losses so of you can eait for that wick before opening a trade then do it, or you should set a suitable stop loss area to avoid sl hit. I mostly in future dont set sl, I put small amount in futures and wait for the movement, if I see against movement then close that trade till further reversal.
Do You Know? According to big traders in markets, saving your capital and not making a loss is also a profit. because when you will care to avoid loss profit will start automatically. but avoiding loss doest not mean to avoid trade, it means to trade only when you find right opportunity on right time 😊.
Will LTC pump after halving? no it will not pump after halving, a strong wave of 5-15$ pump can come before halving but after halving it will gradually go back to normal price of 70-80$ so dont be fomo.
Does market hits your stoploss and then reverse from that place? Answer: if market hits your stoploss and then reverse that means your analysis are good but you become victim of liquidity. Actually markets use liquidity as a fuel to run. So to avoid it you need to 1: Put sl slightly longer 2: You can also wait for the liquidity wick confirmation before taking a trade to avoid sl hit. 3: keep eyes on btc sometimes movement of btc become responsible for sl hit as well
Do you beleive in pump/dump signals? are they benificial? Answer: All pump/dump signals are used by the signal provider and his alloys for their benifit, actually they already buy the coin before sharing signal to public and they share signals in public to gather some audience to buy those coins which they want to sell in profit.
Does Psychology/mindset matters in trading? Answer: Definitely, psychology and mindset matters alot, a person with 100% knowledge and have no proper mindset will never become successful while a person with 10% knowledge and right stretigy having good mindset become successful easily in long term.
Hello, welcome to my first post, here I will tell you step by step how to recover your losses in crypto both is futures and spot with a small investment. but first you should know the basics of following 1- Charts pattern 2- candle sticks 3- timeframes and trend 4- risk management 5- news
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