continued module 5
Detailed example*
BTC/USDT 4-hour chart.
- Trend pattern: Bullish.
- Support levels: $40,000 and $38,000.
- Resistance levels: $45,000 and $48,000.
- Stop-loss: $38,000.
- Price target: $45,000.
_Detailed Questions and Answers_
1. What is the difference between Hold and Day Trading?
- Hold: Holding a long-term position, expecting medium/long-term profits.
- Day Trading: Buying and selling on the same day, looking for quick profits.
1. How is risk assessed in an investment?
- Market volatility: Sudden changes in prices.
- Position size: Amount invested.
- Stop-loss: Order to sell if the price falls.
1. What is stop-loss and how is it used?
- Stop-loss: Order to sell when the price falls below a set level.
- Use: Limit losses in case the market goes against the position.
Do you need more clarity or details?
NO...