I'm confident in two thing BTC is going a lot higher this y | TraderMagus på Binance Square

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I'm confident in two thing
BTC is going a lot higher this year & CT will find a way to miss it

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+1.17%

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My gut feeling is BTC loses momentum into weekend and retests lows next week It's possible to break upwards from the range but I consider it low probability

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You wanna make it as a perp trader? Learn to stop sending it all the time Once you learn your niche, learn to chill Over trading aka stupid gambling kills large chunk of deriv traders All the best traders are comfortable missing the trade if they aren't there for it Your focus on not missing the trade is exactly why you miss it You enter early and grow tired managing drawdown or sideways You open and close there times and then just give up only for the setup to play out two days later The pressure to perform is the greatest catalyst to handicap yourself

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Trade Confirmation I think confirmation is a meme, by the time things are obvious the expected value is already poor At the end of the day discretionary traders need to accept we are just gamblers that know when/how to bet All my biggest perps trades are from aggressively buying way before it's obvious to buy Make the plan, setup comes and send it How you manage open positions will define you

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Price Levels One of the massive lessons I got from CT was back in 2020 Light tweeted something about how "Levels are memes" Yes "line does go boink" but listen up You learn the "line rules" so better understand other traders You'll never know exactly how price will interact with a level until you are there watching in real time Simple example to explain Large longs open into supply and fail to move price As price comes into demand zone you think "Well this is the obvious place to bid because the chart says so" And then the ape buyer can't handle the pressure anymore and market closes nuking price 1% "Marketmakers hunted my stop on the orderblock bid" No you just predicted instead of reacting to the level How do I reacted to levels? Pattern recognition from screen time & Flow/Liquidity reads Give me dopamine in the form of likes/rts if you want more posts

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I really cant believe sentiment around "CT" is so bad these days I get it some things are retarded now but I still love this place I still have fun joking around with my close friends which is always what CT was about to me You guys just need to be patient with your profit chasing and enjoy the ride

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