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BearishBanter
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$BTC
someone please check James Wynn's mansion right now! Is he still alive? 😭😂
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$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
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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.
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$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.
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I've told you 😂
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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.
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