Blessed to be recognized by Top Crypto exchange Binance two years and we got 3 Awards
I wouldn't take any credit because it wouldn't be possible without your love and support and i would like to dedicate these awards to my followers. You all are like my family. â¤ď¸
I will continue to bring value in your trading journey.
Trading Has a High Failure Rate And Itâs Not Random
There are patterns behind why most traders fail. Here are 4 core reasons: 1. Strategy Hopping Most traders think lack of knowledge is why they fail so they keep looking for a new strategy. After a few losing trades, they ditch their plan and chase another âperfectâ system they saw on YouTube or Twitter. With unlimited content online, everything looks promising⌠until it doesnât. Strategy hopping comes from one thing: lack of commitment. If you donât stick to one approach long enough, you never learn how it really works. Even good strategies look bad in the short-term. 2. Short-Term Mindset Trading is sold as a âget rich quickâ game. This creates a mindset where: You canât wait for setupsYou canât sit through drawdownsYou canât let a trade hit TP or SLYou canât study one approach for 1â2 yearsA short-term mindset destroys long-term progress. And itâs fueled by something even worse⌠3. Unrealistic Expectations New traders expect: Fast profitsPerfect predictions100% win ratesConstant action They donât know whatâs normal. They only know what influencers show them profits, wins, highlight moments. Nobody shows the boring days, the slow grind, or the losing streaks. Reality hits only when they fail enough times without quitting. Most traders stop right before they actually start learning. 4. Lack of Acceptance Most traders struggle because they canât accept the truths of trading: Itâs a probability gameYou never know what happens nextLosses are guaranteed, not optional Risk is uncomfortable and always will be If you reject these facts, you will take emotional trades, move stops, over-leverage, or revenge trade. Acceptance is the foundation of discipline.
If youâre still struggling, check yourself: Are you hopping from one strategy to another? Do you think short-term and rush setups? Do you expect the impossible?Do you deny the real nature of trading? Fix these four things and you fix most of your problems.
Its been weeks crypto is getting sold off, hoping we will get some positive price action next week. Overall we are still within a downtrend. I will share my brief thoughts tomorrow.
$HYPE was holding up pretty well while everything else was nuking. Holders were comfortably holding their positions. But now itâs trading below the zone it held for days, and this is probably when some holders will start giving up.
Letâs Learn Break Of Structure And Liquidity Sweep/ Fake out
Most of the traders donât even know what a fake-out is.
So I thought to make a post on it and teach you the difference between a break structure and a liquidity sweep.
This will help you to identify false market structure shifts and to get on the right side of the trend.
A break of structure: (See the chart for example)
- Will usually be on the direction of the overall trend you are trading.
- It will break a structural point with clear momentum and continue to trade above or below that break depending on if the trend is bullish or bearish.
- The structure remains bullish or bearish as long as price holds above the breakout area. It could be a key high or a key low.
A liquidity sweep or a fakeout ( See the chart for example )
- Will usually be in the opposite direction of the overall trend of the timeframe you're trading.
- The sweep will break out of structure / a zone and then quickly trade back inside the structural point that was broken. it can be just a wick and sometimes one or a few candles closes above the zone and then drop back inside it.
Both of these are trade able. Use the first one to continue to ride the trend Use the fake-outs for your counter trend trades or expect market to give you some corrections as long as that fake-out area hold.
If youâre new, use it on 4hr and above charts, Lower timeframes can be confusing for you.
When price breaks above a resistance level, it looks like a strong bullish move. But if the breakout doesnât continue and the candles start slowing down, thatâs your first signal that momentum is weak.
After the breakout, when price stays in a tight range with multiple rejections, thatâs usually a distribution zone. Big players sell into strength, and late buyers get trapped. This is where the trend starts losing power even though the price is still near the highs.
When price falls back below the breakout level, the breakout officially becomes a fakeout. This is one of the strongest early indications that the trend is shifting. Buyers failed to hold the level, and sellers stepped in aggressively.
Then price usually goes back up to retest that same level from below. If the retest fails again, it confirms that the previous support has now turned into resistance. This rejection usually leads to a deeper move down because it shows sellers are fully in control.
This whole pattern breakout, failure, fakeout, rejection is a clear way to spot trend weakness early. It works best on daily or weekly charts because higher timeframes remove noise and give a clearer direction.
$BTC Still around the key zone that we discussed on monday. Bounces aren't really enough, bulls have some more work to do.
I want to see price reclaim $94000, above that we can expect short term move up. US non farm data is due today and its coming out after 2 months of govt shutdown. Expect some volatility during newyork session.
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