$BTC
BTC
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🔍🧑🍳
Last night I drew a chart for my partner
I have already anticipated the opening method for Monday
First, sweep the previous high and then start backtesting..
I often say that analysis does not equal trading
But before you trade, you must have analysis
Can you trade correctly just by understanding the market?
Can trading correctly lead to stable profits?
1️⃣ Remember that trading is different from analysis
2️⃣ First find the risks in trading, then talk about profits. Finding risk means fixing your stop loss, then the market gives you profit. Trading is about positioning, finding stop losses, and it's definitely not because of A, then B…
3️⃣ If you hold a long position:
Segmented take profit is key; chasing the price means setting your stop loss distance, calculating your risk well…
4️⃣ Maintain dynamic adjustments; acting impulsively is not trading. I always emphasize that without the ability to control risk, 9 times of profit can lead back to square one; going around in circles with contracts still results in no profit. Why make it hard for yourself?
5️⃣ A price does not resolve issues with a single large bullish candle. You can analyze this way, but you cannot trade this way. Keep your mind a bit clearer
6️⃣ Contracts are: Start ➡️ Process ➡️ Result. Whether it's about starting well, the dynamic changes during the process need adjustments; if you do well from start to process, you will ultimately get results
Accept the uncertainty of trading because it is part of trading
Just like a person who is with you; you cannot only enjoy the advantages and not accept the disadvantages.