Trade_4_Profit

As plenty newcomers are asking, I’d like to take the opportunity and time to share THE REAL SKILLS which will make you profitable or alter your profits.
It will be a tough and sometimes time consuming journey through plenty pages, topics and probably time consuming "field studies" afterwards, if you like it. But its mandatory if you REALLY want to master it: If you don’t have the motivation and drive in you to study words and work with them, rethink them, try to follow them,…
..then stop reading! – You won’t make it without investing brain and time into the things I write or propose, and definitely lose money. You’re not a trader or will not become one then. You’re a gambler…or lazy…or disillusioned…or desperate…or whatever, but it’s not enough to make it. Just give up and save your money and health, because the clever people in here will sooner or later have your money and you will be sad and down, in worst case broken.
 
Are you still reading and in? …....3,……..2,….…1,……… CONGRATS!
 
You didn’t run away. You didn’t take the convenient and lazy way. It’ll be difficult but good. I promise. But if you bite and fight through, you’ll earn knowledge (at least) and find a work which will make you happy,  proud, and independent if you will succeed!
And now the teaser regarding my first content, and important motivation in order to help you through your reading time. Inhale this:
“Knowledge is the most effective weapon. You need it in order to become or stay happy and proud. I mean to become really profitable and therefore also proud and happy (or vice versa?), even if you are swimming in a shark pool. With knowledge, they either avoid or follow you, both because of deep respect and appreciation”
 
 
GUIDANCE PART 1
 
ONCE AND FOR EVERY PART OF MY FOLLOWING POSTS REGARDING THIS GUIDE: FROM NOW ON – NO BULLSHITTING, NO FUN, I AM NOT LYING, PRETENDING, WHATEVER... ONLY CLEAR AND SOMETIMES HARD WORDS AS YOU DESIRE TO MASTER A DIFFICULT JOB AND I RESPECT YOUR CHOICE AND WANT TO PUSH YOU AND HELP YOU IN A STRAIGHT WAY. YOU REQUIRE THE TIME TO STUDY AND TRY OUT AND NOT TO READ ALL DAY LONG FOR MINIMALISTIC INPUT. RIGHT? (By the way: I am not the only one. There are plenty very good traders in here. They describe the same things with other words – Respect and greetings to all of them from the bottom of my trading heart!)
 
Are you still in? I luv it. Let’s fight through – I’m with you (and passed all this steps by myself with huge amounts of: hard work, swearing, loughing, hate, fun, tears and deep shame, and so on…). Let’s go.
 
 
GUIDANCE PART 1.1
 
“Respect a) yourself and b) others”
Yourself: If you are too weak, you don’t read this words as you gave up already, but that’s not our problem. The big deal for you is: You are willing to learn in order to get better. Great. You are willing to invest time and brain cells. But respect your body and soul. You will produce mistakes during your studies and they will hurt. Reread, rethink, take one step back if in doubt, get some distance and come back later with new powers. Don’t overpower at any time. You can’t sleep anymore? You are shaking, stressed, mistake buttons on your trading platform? Your body sends some scary signals? Step back! Continue! Review! Continue! Decide if you can face and withstand it for years. Why would you learn a skill but not be able to execute after you passed all exams? What the heck you think? “Is he a doctor?” Nope:
The important guidance 1a) to follow: STUDY HARD, if you think you are done STUDY HARDER, AND CONFIRM YOUR KNOWLEDGE ON DEMO ACCOUNTS ONLY!!!! YES. DO IT. AGAIN: LEARN AND STUDY ON DEMO ACCOUNTS ONLY! I thought I got it and understand all in order to begin on live accounts and have lost a lot of money which I could have used for other useful actions. No joking. But it was less than the amount of lost money required to break me. But only by coincidence! Don’t try it this way, even if your brain says “I want money now!” You will make it with the right knowledge and mental mindset and the building of both won’t cost you a lot of money BECAUSE YOU WILL TRADE DEMO / SIM ONLY FIRST!!!!!!!!!!!! You will suffer a lot less from stress, pressure, pain and get a certain resistance against the pressure of the market, of decisions. So begin slow with a lowered pressure ON DEMO ACCOUNTS!!!
 
 
GUIDANCE PART 1.2
 
So what about “respect other traders?”: Your profits will origin from somewhere. It’s not only dumb people. Pros mistake from time to time. Average people mistake, rich people mistake, everybody mistakes at one point. Respect, that the money was owned by somebody else before who is clever as well. Or maybe it was somebody’s money who didn’t continue to read plenty words before. But you did and you learned! Perfect! So what about respecting other people???
The important guidance 1b): Don’t be overconfident and remember how hard it is/was to learn. But everybody is overconfident at a certain stage or point. So what will save us from paying a lot for being overconfident and do id…ic things? How can we test how it feels to be overconfident, stupid, whatever not usefull???...............YOU ARE RIGHT!: WE TRADE DEMO / SIM ONLY FIRST!!!!!!!!!!!! And AFTER we replicated profits plenty times and weeks we go for the real stuff. I scalped for approx. 1 year (not everybody is a genious…or overconfident?) on DEMO ONLY, and still made some mistakes.
Hope you learn continuous, with the right attitude and perfect results, to finally respect yourself and your achievements, and be proud about mastering the first stage.

 
 
GUIDANCE PART 2
Part 1 didn't catch you or you are at the verge of "lousy and boring crap. I give up"...
OK. The center of gravity of trading (MOST IMPORTANT THING TO MASTER IN TRADING!) unveiling will catch you for the next weeks, months and years. You have to manage to love it, as your pro life has to and will be focused onto the following questions:
1. Where was the market?
(Try to become fast in answering. If you do business daily, this task only consumes a lot of time if you want to jump into a new thing you never had in your portfolio. Do all: What am i buying or selling? Where is it coming from (chart wise).
2. Where are we now?
There are only 4 different states: 1. A sideways market(trades within a horizontal range without forming any distinct trends) 2. trending up market (bullish), 3. trending down market (bearish), 4. chaos caused by crisis (as war),speculations and insider trading(market crash,rugpull,scam),disaster appearance(flooding,vulcano...)
You can trade a channel, bull or bear (go long or short).You close all suddenly if 4. appears!
3. Where will it most probably go, and therefore: am I in a good position to enter now?
Forget people saying "Sure thing. pay my signal and you will make sure 234560000% profits"-They are seducing you. They aren't wizards and nobody will share a sure winning holy grail with you (Reasons: If you use it as well you could brake it, or if you make millions a day you don't waste time with signal provider tasks, you just enjoy your life and sip on cocktai)- You have to build your win/loss quotient and improve it.
 
 
GUIDANCE PART 2.1
I will share the tools i am using for trading but not how i am using them. You wouldn't study properly if i would, among other factors 😉
The tools I usually prefer to answer question 1 - 3 of the previous post:
1. Elliot Waves
2. Patterns (Wedges,Flags,Triangles)
3. Andrews fork
4. Leonardo Fibonacci Ratios
5. MACD
6. PSAR
7. RSI (most useful in an oscillating market - A goodie i am giving you for free)
8.Bollinger Bands
9. and other...
 
IMPORTANT:
- Understand them in total! No kidding! It will take a looooooooong time. Don't use all at once! Find out which are to be used in which market condition. Example for challenges: Compare the same coin and indicator with different time frames - How does the indicator change?
- Stupid/painful way to master this step: Open real account, burn your money in seconds and give up and run away or continue reading afterwards with tears in your eyes
- Clever/a little painful way to master it: Open a DEMO account, go short and long (Another gift for you - Trading short is a lot easier than long. Find out by research why!), and reproduce positive experiences over and over again. Thousands of trades! (Meanwhile you save money to commence real trading after you are prepared and experienced. You need a huge bag, as real trading behaves different compared to demo accounts and nobody can avoid loss trades).
- You understand the previous thing? Really? Great. I prefer MetaTrader5 and TradingView for Futures,CFD,FOREX,Bot trading and so on, and trade crypto mainly on Binance with the provided tools.
You love crypto only and don't want other software? - Use BINANCE DEMO tools and participate DEMO tournaments to test your skills.
Choose your DEMO Plattform and Software NOW and go for successes and tears!
 
GUIDANCE PART 2.2
You mastered previous steps? You know if the market is trending or oscilating and are experienced in analysis and execution tools?
PERFECT! You will never ever lose this knowledge and are a winner already. I am happy for you. Honestly. It was some hard piece of work.
Now a psychology and math thing: Don’t lie to yourself about the time you spend doing b….hit research and analysis. Plenty people end up in this trap. You are only profitable, if the amount of energy (including your valuable time, your psychological battery, your motivation) and money invested is low and the profit you harvest feels like “I was paid well, sometimes very, very, veryyyyyy well. I am happy, entertained and full of motivation and power. I am proud to be part of a small community of professionals, have a fulfilling and hopefully never ending job, and enjoy nearly everything about trading.”
That’s our, YOUR GOAL AND TARGET, AND YOU WILL REACH IT!!!
Everything else won’t work and last for long. Believe me. It will burn you and your money. Stop trading and use your time for things which make you happy.
GUIDANCE PART 3
I'm sure you're deep in lecture of indicators, oscilators, trading palttforms (don't forget to look up things as fees, spread, slippage, swap - can chew up a lot of your profit, as you will commence trading with small amounts, right?), software and so on, and it will take years to understand all of them - No kidding. After parts 1&2 you will know what the goal is and how to produce and increase the ratio to get you profitable
 
BUT NOBDOY 😉 IS PERFECT! Read this
1. "It does not matter how much you earned, if tomorrow you can lose all the money"
2. "The only thing you can control in the market is your losses"
3. "The market is business! As long as you are stupid, it will chew you and spit you out!"
and think about them. They are related to respect towards money, they include the greed/hope/"trying to do lucky punches because of previous loss" mistake, and the laziness problem.
 
- Consider how often you can mistake a trade with a 10% stop loss compared to a 2% SL. Choose easy trades with low volatility only. Highly speculative bring high risk and will most probably hit your SL with their amplitude (before going into the direction you predicted they go wild. Happened to me a lot) Don't do it, or think about this: "Live with the kickout, as it only occurs because you've sc...ed up the entry...But survived with enough equity to enter the next trade!". This will make you more eager to master perfect entries!
- Learn to TAKE PROFIT (seldom you make a lot of money with one trade. It's usually one "juicy" of plenty) and begin first with a very tight manually aligned STOP LOSS (or TRAILING STOP). It probably sometimes ceases cosmic profits but makes sure profits - The cosmic ones you produce with mint entries, and you need every profit to leave space for mistakes!
 
 
GUIDANCE PART 3.1
Read this part only if you master all previous topics!
 
“THE LAST CALL OPTIONS”
 
Real trading means: You swap the stuff you deal often. Very often. You don’t wait for the regular market and slow price action for weeks, and for sure you don’t trade one way only – you go long and you go short, with different coins simultaneously (I have an average of 40-60 open positions every second of the day, in different markets). You leverage your positions as you want to move a lot of money with peanuts. Yes, compared to institutions you are a small fish and you will have the skills to go in and compete against bigger sharks if you master my previous steps. At a certain point you’ll come to leveraged positions, futures, options, and so on.
But what happens if you mistake?
Everybody mistakes. Read the THREE possible ways to “clean up the crime scene” or avoid “collateral damage”, if you are as cool as ice and your position is in loss:
 
1. Averaging (including Martingale): You went buy and the price is going down? Open other buy positions, even if the price goes down.
A.If you do martingale, you will open a bigger position every time you open a new one, or
B. only one which is much bigger than your first buy position in loss at the end of the problematic period (market is going the wrong direction in comparison to your trade).
Problem here: Max risk. Be sure to keep cool until a SURE signal to average comes. You have to watch the loss growing and still be cool and avoid panicking, and enter a multiplied buy position before/when the market reverses (mint entry!) or several positions during the way down. Consider the first words of this post!!!
 
 
GUIDANCE PART 3.2
 
Read this part only if you master all previous topics!
 
“THE LAST CALL OPTIONS 2”
Real trading means: You swap the stuff you deal often. Very often. You don’t wait for the regular market and slow price action for weeks, and for sure you don’t trade one way only – you go long and you go short, with different coins simultaneously. Eager people produce a lot of good stuff but mistake as well. No way you will not.
 
Options if you mistake:
2. Hedging: You went buy and the price is going down? Open a sell position which is bigger.
A.Wait until you are out of mud (zero loss) and close if you are cool.
B.Wait until you are in nice profit and close, if you are a beast and need to satisfy your soul with this move in order to forget the idoitic entry.
C.Wait until you are in nice profit and close the sell position ONLY, if you are sure you arrived at the reversal of the market towards a bull, as you will “earn” with the less loss the buy position will produce from now on additionally. For real adrenaline junkies.
All options MAX RISK. Consider the first words of this post!!!
 
3. Hedging to freeze: You went buy and the price is going down?
A. Freeze the time for you only – Open a sell with the same amount. Now you have time to rethink your options, even if the market is going wild. Will you choose Averaging? Martingale? Close all with loss? Nothing is a problem anymore, as you froze the situation and take a deep breath.
B. Additionally, this can be used to secure your assets (and profit!) in very volatile market conditions as well. Go holidays without closing all? Easy: Freeze it (of course it will cost you trading fees, but safety first!)
Both options A.&B. NO RISK but additional fees.
END OF ALL PARTS
 
 
CLOSING WORDS:
Trading at it’s best contributes into happiness and wealth. My last words will describe the turning and accelerating point in my trading behaviour.
My behaviour and practice changed at a certain point. I experienced, that trading with extrinsic motivation (I want more wealth/profit because somebody else has more than I have currently. I want a bigger car, house, power and respect) lead me to risky and catastrophic trades and even if they were profitable I wasn’t happy at all – My power and motivation decreased, I went into an embittered mood even being in total financial wealth and health.
The thing that made me happy was intrinsic motivation. I wanted to improve in order to get rid of pressure, to beat myself in skills and knowledge, to support poor kids and invest into ethics and morality, into sustainable things and environment, to support my family (house, university fees and so on). The more money I made with this method the less I cared how much I own and the independence and happiness increased ballistic.
 
Hope you have enjoyed this reduced guide (the goal was to be short, snappy and
expedient) and wish you always fair winds and following seas in this dangerous but fascinating waters - ALL THE BEST AND HUGE PROFITS FOR EVERYBODY!
Remarks:
#Cryptoisfamily #trade_4_profit
1. Don’t trade and cook simultaneously 😉 2. No financial advice. Do your own research

Did they?😖 Are you waiting for something that's never gonna' happen?🤬

Several circumstances lead to this assumption.
Let’s check it out:

- The fight for the "all you can eat buffet" climbed, with the entry of huge institutional money, onto an other level. They have brute force regarding brain power, experience and money. But all of them have it. Means: The forces pulling towards different directions sometimes equal themselves. Market manipulations into desired direction becomes more difficult as different intentions clash with each other and chew up the dirty moves.

- Huge hypes and deceiving of small bite days are gone. Regulatory measures and involvement of states puts some sevee pressure onto manipulation. You don’t produce fomo or fud by 3 influencers only anymore. Additionally, sailor jimmy got educated during the last years and considers diversified tactics and portfolios.

If so, what's the way around? NOTHING IS GONE. NOTHING CAME TO AN END:
1. Take any crumbs they leave on the table (Take profits! Don't allow greed to burn your accounts) and don't reach for the big pieces (Overleverage, trading value or volume too high, and so on...). The crumbs are still huge.
2. Do the same things they do and ride their tail wave. You'll never ever win by trading against the trend and institutional money.
3. Wait for the real deal. Trade clear signals and be patient and aware of your stop loss all at the same time.
4. THE DEAL for long term investors/lowered risk: Wait and accumulate for the real hype (I mean no fake bubbles. Wait for the big bang as soon as the regular people accept crypto and everybody will pay ANY price for ANY coin) to harvest the fruit of your patience and passion.
5. THE DEAL for traders: Enjoy the ride and adrenaline. It'll get even bigger soon 😁

This post is for all believers, newcomers, cracks, and it's meant to review and exchange opinions. Do the big ones sc..w us the big way this time? There are plenty pessimistic voices regarding a similarity of the previous ALT seasons and I am putting this topic onto the table. In the face opinion. PLEASE EXPRESS YOUR OPINION, CRITICIZE OR COMMENT and be a part of an open a_nalysis and strategies exchange, in order to support each other and profit the big way together!

Luv ya all - Your T4P

No financial advice. Do your own research. Check out my pstos and atrlices for expected prices.
#Cryptoisfamily #trade_4_profit

Are you fed up with all the "Very, very important alert alert!!!" and "Alert-1 mio profit SURE!" alerts? Do you love this "I told you this and that and it happened because i am the best - Of course i post 500 predictions and alerts a day, so the chance is huge i am correct...but shhh please 🤫" posts?

I mean: How often do people intend to repeat posting that a fund/ETF manager has sold s.itloads of BTC for his institution, and then, surprise, rebought it... Or went short... Or long... THAT's THEIR JOB!!! They get paid for it and it's not fantastic, or a huge dump, or scam scheme, or price manipulation, or whatsoever! They just do their jobs.

Same s.it with the "BTC will be @250k, ETH will be@658k, XRP will be @0.00000000001USD in two weeks" post WITHOUT ANY PROFOUND ANALYSIS or ANY SIGNIFICANT words at all, spamming the square and producing 250.000 views and some swearing in comments.

Did i mention religious, political, ethical, sexual harassment i.iotic posts already? No?... Run back into the hole you came from and hit anything really hard against your head please. It might help (as education or pills didn’t)

As i respect serious people in here, I'd really appreciate if:
1. authors would try to produce something with at least a thesis and minimalistic justification. Translating everything into english isn't difficult as well and shows respect towards other traders and readers
2. Binance would filter out copy and pasted contents by some users and posts without significant ambition (Bulls.it posts as "do it or you are a loosr", "i made 579 mio", "another 101% sure signal/tip", ...)-The crypto acceptance will not grow if new potential investors look up info in here for their first time and find that crap. They probably LOL and run away.

In order to show my appreciation for plenty top authors around here, I'll commence posting either "Cleaning service, please!" or "BINGO" (check out Bullhsit Bingo @ www.) into trash contents - That's the last hope to save me from suffering serious mental pain and damage. I can't help it - Sorry 😂

#Cryptoisfamily #BinanceSquareFamily #trade_4_profit

Is it important and does it make any difference? Let's hop in

Investing is when you put your money into things with the hope of making more money in the future. There are all sorts of different ways to invest, like stocks, bonds, real estate, and of course crypto!
This definition doesn't really make a difference between investors in the primary and secondary markets. So, whether you're the one giving the business money or the one buying a stock, you're still an investor!
If you're the one holding the stock, then you're a shareholder. Now, there are two main differences between private and institutional investors. Private investors, sometimes called independent, small or retail investors, are individuals who might not have a lot of financial knowledge and usually invest small amounts. Institutional investors, on the other hand, are usually companies like investment companies, banks, insurance companies, or public corporations. These include the federal government, federal states, and municipalities. These institutional investors have a lot of financial knowledge, especially when it comes to the opportunities and risks of the different investment products and forms.
There are a few other terms that describe the investor's activities more precisely:
First, there are business angels. These are usually private individuals who have been entrepreneurs themselves and now want to put their own money into exciting business ideas. This investment is made at an early stage of the company and on a small financial scale. Amounts between 10,000 and 100,000 euros are common. But here's the best part: business angels are not just about money. They're also super supportive, helping these companies grow and thrive.
Now, venture capitalists are a different beast. These people are like the strategists of the investment world. They take the money they've invested in their own company and work magic to make it grow. And get this — they can invest sums that range from a half million to several million euros!
Accelerators are like the early adopters of this strategy. They jump in super early, sometimes even before business angels. These are temporary mentoring programs that support young companies with their network, operational and strategic guidance, as well as smaller sums of 50,000 to 250,000 euros.
Incubators are like a "factory" for young companies, offering not only financial support (ranging from 25,000 to 500,000 euros) in exchange for a share of the company (usually more than 25.1%), but also valuable resources like ideas, processes, teams, and networks.
Crowdfunding is when many small investors with a shared goal (often the financing of a start-up) join together to support a project. Investors often receive something in return for their investment, like a finished product.Crowdfunding also gives companies the chance to get some initial attention from the media.

Let's come back to the intriguing question, "Am I an investor or a trader?"

We aren't giving the business money or buying a stock... Based on the previous descriptions and referring to the types of investments, I would actually make the following statement: Crypto trading involves only a few types of investing, such as spot, futures or staking, lending and earning. Accordingly, I classify crypto mainly as trading, because the business angel or accelerator forms (just two examples) are hardly used here. We don't influence the investment object through promotion (although there are some embryonic influencing efforts and outcomesby single persons we can observe here, paired with Bnce actions...). We mostly trade the final product which represents something - the coin.
So, if we're primarily traders, how do we make it happen? What types of traders are out there? What can I do to improve and make some serious money? - Be sure to check out my next post regarding trader types if you enjoyed this content and want to know more about how others are earning. I'd love to hear your thoughts!

Your T4P
#Cryptoisfamily #trade_4_profit
_
No financial advice. DYOR