Want to follow me? Just search @Tradl3r Same username everywhere. Note: I’m not on Discord, Telegram or X. And I’ll never ask you for money. If someone does, it’s not me.
$SQD if rises to 0.3 or 0.32 and you see rejection thats a signal to short it. but ofcourse see the volume of it confirms it then you are good to go. @Tradl3r
A very important tip from my side to you all. If the market is choppy (sideways ) and you see your setup, there can be two outcomes most cases its gonna get you SL cause whats what market do in sideways. The 2nd cases: the market will show you a some profit and then it will turn against you and go for SL.
What you can do is take some profit each time the market moves in your direction and the moment you feel like it has covered some good distance from your stoploss, that's when you should move your stoploss to breakeven.
So even when the market will turn against you you won't turn a winning trade into a losing one.
A smart trader dont always win but still makes money because: He ajusts with the market conditions, he accepts what the market gives and don't turn winning trades into losing trades, and he makes the most on winning trades and lose very little on losing trades.