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Cryptometheus
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There’s a lot of FUD in the market and every quality coin is in the downtrend (Distribution ahead of Decline).
Exit all longs before you’re liquidated.
friends traders
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top trader tel me hold or close
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“I know where I’m getting out before I get in.” — Bruce Kovner. That was a great Weekend Short on $PEPE dump.
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You’re scared to lose $100 but want to make $1,000,000 out of a trade e.g $PEPE . The more you focus on the outcome the less results you’ll get. Focus on the process.
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10 Rules I Follow To Survive The Markets 1. Always protect capital with Stop Loss. 2. Never trade without a plan. 3. Patience over perfection. 4. Trade only A+ high-probability setups. 5. Never chase greens or reds. 6. Cut losers fast — At -8%. 7. Let winners breathe — Until sentiments shift. 8. Size based on volatility — Size down on high volatility. 9. Keep emotions out — This had previously messed my entire week. 10. Review every trade — I do this weekly.
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Same thing happened to me in my 3rd month in Futures trading. The way out: 1. Reduce leverage to less than 30X 2. Take max. 5 trades a day 3. Maintain a consistent lot size 4. Never go above a cumulative Margin Ratio of 10% on all positions. 5. Never revenge trade, 3 loses in a row, close & go home. 6. Never hold more than 5 positions at ago. #NewsAboutCrypto
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Same thing happened to me in my 3rd month in Futures trading. The way out: 1. Reduce leverage to less than 30X 2. Take max. 5 trades a day 3. Maintain a consistent lot size 4. Never go above a cumulative Margin Ratio of 10% on all positions. 5. Never revenge trade, 3 loses in a row, close & go home. 6. Never hold more than 5 positions at ago.
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