BearishBanter

#MyFirstSquarePost Hello, Binance Square!

Meow!
Have you put short positions today? Show me! 🐱

$ETH careful with your long positions,
most of positions active right now is long,
and the whales usually want to liquidate majority of retail traders.
Once the longs get liquidated, the price will move downward sharply. The whales then will enter long position with a very nice entry point.

And don't be ridiculous enough to put short position right now, the price is not high enough for short entries.

Remember trading is not as stupid and as simple as "buy low, sell high". Don't trust influencers, don't trust me, don't trust anyone in general.
Use your own common sense and study the whales behaviour

For beginners:
When in doubt, don't do anything!
Just don't make a new trade if your plans are not clear. Don't make a decision solely based on guessing, count the probabilities and your exit plans.
Instead of of chasing the long red or green candles, trade when the market moves sideway in a shorter time frame later. Stick to your plans & be aware of market manipulations.

$BTC if we fail to break 10,900 today. It's more likely we are heading to 90K area. At this kind of price movement right now, it is safer to trade with a bigger time frame such as 4 hours chart. Scalping is too risky at the moment since the movements are still unclear.

$BTC someone please check James Wynn's mansion right now! Is he still alive? 😭😂

I used to be a bad trader.
I used to be overly proud of my wins,
and overly disappointed in my loss, blaming myself too hard.

But after a long hard (and of course) costly learning progress, I keep on evaluating myself, I've learnt from my previous mistakes. I've become more calculated & resistant to market manipulations.

Win or lose, I take a deep breath and pause, after that I re-evaluate everything. Making a trading journal is really important for every level of traders. It's like a ship diary written by the captain of the ship. It keeps you on track and helps you avoiding similar mistakes in the coming time.

Trust me, trading journal books are really worth. Doesn't need to be fancy, just a simple book that you write by yourself can make a big change in your trading journey.

$ETH again, it had just destroyed the shorts. Now it's going to wipe the longs once more 😂

Girls, will you cuddle with god of trading for 3 months free accurate signal from him? 😂

When the influencers are bullish, I put short positions. When they are bearish, I put long positions. Success rate is about 70% 😂👍

Honestly, the market is not clear yet, we still don't know if it's bullish or bearish.
For me, as a future trader, its been the hardest year to trade. The price of most of all coins moves too wildly according to the whales's plan, and most of the retailers like me couldn't profit much from these chaotic patterns.

I've lost a lot this year, maybe I'll withdraw some of my remaining margin & buy real gold. The rest will stay in my spot trading portfolio.

If you still trade future, please be aware of the market's unpredictable harsh moves. Only use small margin and small leverage, don't be shy to use your hedging strategy too. Don't chase big green candles or big red candles, both are risky. Always protect your own capital.

#BinanceWriteEarn

$ETH has done wiping the bears this morning, now it's on the progress of wiping the bulls 😂

Last one I think, I'm going to sleep now 😂

Let it bleed, My Friend ❤️

The whales are dumping yet you don't realise and keep on chasing the green 😂

Be careful when you short $SOPH
Use a very low margin & leverage like me, and put your stop loss too. Take your profit as soon as possible. Don't be overly confident.

If some whales decide to pump it, your beautiful green PNL can turn into bloody red 😂

The only way to win on a highly manipulated coin like $TRB is to study the whales's way of thinking & predict their plans.

Traders with fancy technical analysis won't stand a chance against the whales no matter how.
You can't fight the whales, you can only follow their rules and play with it. Big brain can't beat big capital.

Crypto is far different from Forex. The anomaly here is perfectly planned & executed, it is highly manipulated & cruel. The rules & the nature of the market is far different too. If you trade crypto the way you trade on Forex, you'll lose your money really fast.

$TRB unless you're a gambling addict, or you really know how to guess the whales's plan: DON'T leveraged-trade on this coin!

Whales are putting a very high interest in this coin and regularly commit pump & dump. They pay people to post on square, luring you to put a position after they lay some traps. The next second you're in a big loss!

No technical analysis or whatsoever can beats the whales's power on this coin. They know your plan, they understand your psychology, and they will defeat you mercilessly! Once your position got stucked on a floating loss in this coin, you wouldn't even have a time to think!

$BTC at this point is too dangerous for both long or short. If it breaks last week's ATH, it can go skyrocketing. But if the price is keep on failing to break it, a big correction might happen.

I'll just wait & see

$B embrace! A big dump soon will happen 😂

$B the main strategy of the developer & whales of this coin is:

1. They will repeatedly wipe the short positions up to 0.5, and they will keep their coins for a while.

2. People think that this coin is bullish and buying it until the price keeps pushing (we still don't know to what point)

3. They will dump big amount of their coin when the price is high. Meanwhile, the retail holders will see the big tall red candle and got panicked and selling out of panick.

4. They will repeat the process over and over again as long as the future traders keep on putting careless short positions with super high leverage.

The only way to secure your floating loss if your short position stuck in this coin is to put a counter (Long position) as insurance to avoid liquidation. This hedging method saved me for many many times during my trading journey.