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Faris Sheikh 9955
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If you were allowed to trade only one timeframe which one would you choose ?
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Faris Sheikh 9955
@sheikh_faris
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Get the daily 200MA on your $ETH chart if you haven’t already We close the daily above it And we see fireworks imo ($3k)
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If you haven’t watched this yet Take a look Chart looks cracked I’m still buying this (mystery) coin Can you guess the coin? 👀
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Spot positions are key — the goal of my futures trading is simply to build more spot bags. For every spot bag, you need to have conviction — at least mid-term, ideally long-term. Once you have that conviction, it’s important to build the position steadily with a solid DCA strategy. You should be able to handle 10-20-30% drawdowns while building a spot bag. If you start trading your spot bags, you’ll almost always take profits too early — 99% of the time. Having a good entry is great, but that’s not the main point of a spot bag. The best approach is to build the position around key 1D, 3D, or 1W support levels, DCA during dips, and take profit at higher timeframe resistance levels. This is especially for people who panic when something drops 10%. You’re likely overallocated, overleveraged, and lack diversification — and probably don’t have a proper DCA plan. Trading is a full-time job. You can’t succeed without real knowledge, experience, and a backtested strategy.
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NOT A FAKE SCREENSHOT First reward from Binance write to earn. I don't even have 50 followers yet. GOODLUCK to all the hustlers out there! #writetoearn #Write2Earn
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WOTD Binance | ALL WORDS Updated for this week 02-06-2025 / 09-06-2025 Theme: Trade Sharing 3 FEE, BTC, BUY 4 REAL, EARN, POST 5 TRADE, WRITE, STORY, TRUST 6 VERIFY, SOCIAL, SHARING 7 CREATOR 8 CREDIBLE, SHOWCASE, AUDIENCE, POSITION Good luck to everyone WOTD | Community #WOTD #WODL #Binance
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