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TRADEOLOGIST-01
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wallet growing beautifully Alhmdolillah
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opened long on $4 Usdt SL : 0.16370 Tp ; 0.23030 Leverage 20x 3% of wallet DYOR #PowellRemarks #WhaleAlert
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Am i right ???? BTC short entry : 113915 put limit order SL : 115885 Tps : 109500 107300 and below leverage: 100x 3 to 5% of wallet #PowellRemarks #BTC #TrumpTariffs
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$BTC short scalp entry : 113915 put limit order SL : 115885 Tps : 109500 107300 and below leverage: 100x 3 to 5% of wallet DYOR #PowellRemarks #CryptoMarketAnalysis #WhaleAlert
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yesterday i opened a long on it and closed in small profit 😕 that's why patience is the main player in this market , if you don't have patience and analysis is good you will never get big profits Patience is critical in trading because it directly impacts decision-making, emotional control, and long-term success. Here’s why it matters: 1. **Avoiding Impulsive Decisions**: Markets are volatile, and prices can fluctuate rapidly. Patience allows traders to wait for clear signals or patterns before entering or exiting trades, reducing the risk of acting on emotions like fear or greed. For example, jumping into a trade too early without confirmation can lead to losses if the market reverses. 2. **Waiting for the Right Opportunity**: Successful trading often involves waiting for high-probability setups that align with a trader’s strategy. Patience ensures you don’t force trades in unfavorable conditions, such as during low-volume periods or without proper analysis. Data shows that overtrading, often due to impatience, is a common reason for losses, with studies indicating that retail traders who trade less frequently tend to outperform those who trade excessively. 3. **Managing Risk and Drawdowns**: Patience helps traders stick to their risk management plans, such as waiting for stop-loss levels to be hit rather than panicking and closing positions prematurely. It also allows time for strategies to play out, as markets can take time to align with technical or fundamental expectations. 4. **Compounding Gains Over Time**: Trading is a long-term endeavor. Patience enables traders to focus on consistent, incremental gains rather than chasing quick profits. For instance, a disciplined trader might wait months for a stock to reach a target price, leading to larger, more sustainable returns compared to short-term speculative trades. 5. **Emotional Resilience**: Patience fosters discipline, helping traders avoid the psychological traps of FOMO (fear of missing out) or panic-selling during downturns. #PatienceWins #PowellRemarks #WhaleAlert
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Opened Long on newly launched coin $EUL SL : 5.872 Tp : 14 leverage : 20x 2 to 3% of wallet #EUL #Tradeologist #WhaleAlert
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