(A somewhat silly guide to surviving liquidation)
🚨 7 signals telling you 'Don't touch the screen now because you are killing yourself':
1- The chart looks like an EEG of my brain:
- "Wavy lines that make no sense.. or is this a message from the Mayans?"
- The solution: Don't enter until the line is clear.. or go to a fortune teller.
2- Elon Musk tweeted:
- "If you see the name '$DOGE ' or '$MEME ' in tweets.. run away!"
- The solution: Turn off your phone and read a book.. any book!
3- The RSI wants to leave the chart:
- "Now you have 95? That's not an indicator.. that's a pitfall!"
- The solution: Wait until the indicator calms down a bit.. go pray two rak'ahs of istikhara.
4- You are trading while you are sleeping:
- "Don't know the difference between a candle and a couch?"
- The solution: Sleep on your back.. that's better than sleeping on all your money.
5- Your mind is like the tenth of Ramadan street:
- "Crowded, nervous, and doesn't know where to go!"
- The solution: Drink water.. and walk outside.. the market will still be there after you calm down.
6- You put a 'stop loss' after you enter the trade:
- "Or do you not place any at all?! Guys, this is not a crash game!"
- The solution: Write the SL on a paper.. and keep the paper next to you.. before you enter.
7- Your strategy 'Oh Lord':
- "I don't know why I entered.. nor do I know how much it will drop.. everything is by luck!"
- The solution: Go learn.. or stay outside.. choose one.
✅ 5 green signals telling you 'Go in with your hands and still!':
1- The market dropped and stopped at a support point and bounced back:
- "As we say: 'You got shocked and responded!'"
2- There is good news and the change is slight:
- "The chart says: 'Hey man, I haven't started yet!'"
3- You have a plan.. and you want to execute it:
- "Don't want to sing.. want to trade!"
4- You see a clear pattern:
- "It's not that we miss it.. this is a 'double bottom' that is eating well!"
5- Your mind is clear and your money is not everything:
- "You won't die if you lose.. it will just be frustrating!"
🎯 :
'The smart trader doesn't think about how to win.. he thinks about how not to lose!'
May God keep you in what you are in.. and keep the margin call away from you! 😂🙏