🔥How I lost $100,000 before learning these strategies - and I recovered it all in two days💸
How I lost $100,000 before learning these strategies - and I recovered it all in just two days
It is said that losses teach you more than gains. That's exactly what happened to me when I lost $100,000 in the blink of an eye. I did not respect any stop-loss, nor technical tools, but I simply traded emotionally. I was betting, I was not trading. But the turning point came when I finally learned to use these sixteen essential trading tools - and in just two days, I recovered everything. Here's how I did it:
1. Fibonacci Levels 📏
I was looking for tops and bottoms until I discovered the power of Fibonacci retracements. These levels acted like a magnet for price, indicating the most likely spots for reversals. I stopped guessing and started entering during thoughtful retracements.
2. Fork 🪓
This tool helped me visualize trend channels accurately. It allowed me to determine dynamic support and resistance levels, providing my trades with a clear roadmap instead of blind hopes.
3. Fibonacci Arcs 🌀
I used arcs to predict potential reversal zones in a curved manner. And by combining them with horizontal levels, it gave me early signals on when a breakout or correction would occur.
4. Short and Long Orders 📉📈
Before this: I placed buy and sell orders randomly. After this: I learned the difference between a strategic entry into buy and sell orders, and I placed stop-loss orders below trigger zones, with targets based on trading structure.
5. Gann Square and Gann Fan 🟩📐
Time and Price - the foundation of Gann's theory. Once I learned to plot Gann squares and their fans, I was able to see the convergence of time zones and price angles during significant movements.
6. Inner Fork 🔀
While the normal fork traces the main trend, the inner fork allowed me to monitor small trends within ranges - ideal for day trading and intraday setups.
7. Triangle and Flag Patterns 🔺📉
These two saved me from false breakouts. I noticed the formation of continuity patterns, and I waited for a confirmation of the breakout and trading volume. The result? An entry at the beginning of the momentum.
8. Trend Lines 📊
Trend lines seem obvious, but they helped me track breakouts and retest. I started using them in conjunction with the relative strength index and trading volume - a perfect combination for precision.
9. Elliott Waves 🌊
Waves helped me understand market psychology. I started to distinguish between momentum and correction phases. I no longer entered dead zones, only at the ends of waves.
10. Horizontal Lines and Price Ranges 📏📊
Planning support and resistance was not enough. I learned to identify price ranges, which helped me anticipate accumulation and distribution zones - ideal for planning reversals or breakouts.
11. Flags and Pennants 🟩🟪
These two patterns changed my breakout trading forever. Flags = continuity. I entered after a precise consolidation with a precise determination of stop-loss levels.
12. Data Range and Volume Squares 🧊
I started observing where most trades occurred. These zones (volume node) became solid liquidity areas, where whales move.
Armed with these tools, I established a plan. I did not enter any trades unless they were compliant with at least three confirmations from the tools mentioned above. I stopped trading noise, and I started trading structure, psychology, and data.
In just 48 hours, I recovered every penny of my $100,000 loss. Since then, I no longer look at trading the same way.
If you trade without tools, you are not trading, you are betting. These 16 tools are essential if you trade the $BTC
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