I'm sharing my trading operations as part of this event. My primary approach is trading by holdind and converting,which I find works best for my risk tolerance and schedule. I rely heavily on technical analysis, using indicators like the RSI and MACD to spot potential entry and exit points. I also keep a close eye on market sentiment and key news events that could impact my chosen assets.
One of my recent trades involves a specific Asset, e.g., BTC/USDT]. I decide to enter the trade when I see a strong bullish signal on the 4-hour chart combined with a volume spike. The trade played out as I expected, and I am able to take profit at a key resistance level.
Over time, the most critical lesson I've learned is the importance of risk management. I never enter a trade without a clear stop-loss and a defined profit target. Staying disciplined and not letting emotions dictate my decisions has been the key to maintaining consistency.Trading needs patience and discipline to avoid losses.