The worst thing is for a person to succeed in their initial trading attempts, as this gives them blind confidence in themselves. They may then risk their capital portfolio or even borrow money and enter a trade without thorough analysis due to their high confidence. Suddenly, the situation turns and they lose not only their money but also what they borrowed. I believe that a person who starts trading with a loss, reorganizes their approach, and discovers that the matter is deeper than they thought will understand the market and become successful. I wish everyone good luck.
Winning deal 3.2% based on support and resistance and trend line + divergence Honestly, the deal is difficult because I am against the market trend as it is bearish in the medium term. I hope this benefits everyone.
Because you were in winning trades, you analyzed well, and when it became clear to you that you are a good trader, you neglected proper analysis relying on your intuition and skills, which led to losses ahead of you. My advice is that no matter how much we earn, the market is bigger than us.
In trading cryptocurrencies, commodities, or Forex, my first advice is not to chase indicators but to understand price action; it is price movement that leads the indicators. Indicators are there for confirmation only. As for the second piece of advice, manage your capital and set a stop loss for every trade. In summary, study price action, support and resistance, and capital management. Be free from emotions and use one or two indicators at most. Among the most important indicators are the moving averages of 20, 50, and 200, and the second indicator is the RSI. Best regards. Unfortunately, I discovered this advice after two years of trading and chasing over 100 indicators, resulting in losses greater than profits.
One of the most beautiful things I heard from technical analysis, I believed it, thank you.
crypto BTC WARDA
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Ascending to the peak will exceed the reasonable
$PROMPT Currency at the bottom: either a rocket rise or a hard drop!"$$ Currency at the bottom: either a rocket rise or a hard drop!
In the world of cryptocurrencies, opportunities do not knock twice. Today we talk about a currency that seems to have reached very strong support levels, a pivotal point that could be the beginning of a rocket launch… or a sharp drop. This is where the role of the smart trader begins.