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Ilyas64184089
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NMR
buy and hold big move soon ๐๐ค
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โLosers Average Losersโ - what does it mean? ๐ฎ This quote comes from legendary trader Paul Tudor Jones. He printed it out and pinned it above his desk to remind himself of one thing: Never average down on a losing position. ๐ญ Averaging down means adding more to a trade thatโs already in the red, hoping the price will bounce back and bail you out. Itโs usually driven by ego or denial, not logic. Say you long stock at $100, it drops to $90, and you buy more. Then it drops to $60 and you buy again. Youโre now sitting on three losing positions โ all based on the same idea that already was proven wrong. ๐ If the market keeps falling, your losses multiply. What couldโve been a small, manageable hit becomes a disaster. Thatโs why Jones said: Only a loser would double down on a position thatโs already taken a significant hit. ๐ โโ๏ธ Some people confuse this with DCA โ dollar-cost averaging. But theyโre not the same. DCA is a strategy for long-term investing in strong assets, like SPX. Youโre buying consistently over time, regardless of short-term price swings. What we are talking about here is related to trading, when you refuse to accept you were wrong and try to fix it with more money. Good practice is to set a stop loss every time right after you open a trade. Donโt fight the market. Take the loss, protect your capital, and move on ๐ง #FAQ $BNB $ETH $BTC
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#SOL/USDT ANALYSIS SOL is consolidating within an ascending triangle pattern and is currently trading above the Ichimoku Cloud, which is providing strong support. To confirm the next directional move, a decisive breakout or breakdown from the pattern is needed. $SOL $BNB
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BIO has broken the resistance area, and the price has also retested it. You can open a long position at the support area with a tight stop loss. Support Area: $0.0571-$0.0593 $BICO #MemecoinSentiment
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#BTC/USDT ANALYSIS Bitcoin has broken out of the symmetrical triangle pattern with strong volume, signaling bullish strength. The Ichimoku Cloud is providing support and reinforcing upward momentum. A successful retest of the breakout level could trigger another bullish rally. Keep a close watch on the price action. $BNB
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#BITCOIN WEEKLY TF UPDATE : #BITCOIN on WEEKLY TF, make a new All Time High and still pushing. The Weekly candle goes very big and closing healthy means it can go further. Eyes on Weekly close and let's see how it goes. $BTC
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