Hiiii ✋
If you notice, I’m focusing on addressing psychological aspects and training to control brain chemistry and hormone flow and managing it in the face of market temptations and the flashy candlestick dances on the chart 😏
Come on... Stay heavy and let's see together how to trade when the market is in a Bull Run.
What did we say? ... Stay heavy, leave the lightness behind, and control your hormones 🎯
🚀 Trading in a strong Bull Run: How to ride the wave instead of missing it?
Sometimes, the market can be so hot that it doesn't retrace to test major supports, and if you wait for the perfect correction... you'll find the wave has passed you while you’re standing on the shore.
Here’s the secret: trade with momentum, but with caution and intelligence:
1️⃣ Rely on small supports (Intraday Supports)
Instead of daily or weekly support, monitor short-term supports on the 15-minute or hourly timeframe, or even the 5-minute timeframe is fine, where the price makes short pauses.
2️⃣ Enter with breakouts (Breakouts)
Identify the last peak, and enter a buy after closing above it with confirmation from strong trading volume, and set your stop below the last fluctuation, not below a distant support.
3️⃣ Scale your entry (Scaling In)
Distribute your trades in batches, and each time the price opens a new high, add a small portion, instead of going all in at once.
4️⃣ Rely on momentum indicators
Like RSI or MACD to ensure the rise is still strong and there is no clear weakness in the movement.
5️⃣ Quickly take partial profits
In a Bull Run, movements are quick, so take part of the profits immediately to protect your gains from any sudden reversal.
💡 Summary: In a strong bullish market, don't wait for it to come back to you... Chase it with a smart plan, and make your exit quicker than your entry.$BTC