SK1Trades
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#BTC Price Action Cheat Sheet
1.Common way the market recks the retail trader.
2.Repeated pattern you'll find on every token.
3. Read carefully so you dont get caught up when these moves happen.
Dont forget to bookmark this post so you can come back here whenever needed!
1.Common way the market recks the retail trader.
2.Repeated pattern you'll find on every token.
3. Read carefully so you dont get caught up when these moves happen.
Dont forget to bookmark this post so you can come back here whenever needed!
Lacking confidence after a losing streak trading?
Follow these simple 4 steps to get back on track. No need to make it complicated.
1)Review all trades, identify what went wrong.
Was it that you were gambling? Did you FOMO into a trade?
Did you enter at a wrong area? Did you not wait for the candle close for a breakout trade? Write it down.
2)You’re not a kid, make sure you dont make the same mistake again & are careful next time. Trading is not a joke. If you want to grow the trading account over time, you will never make it without eliminating them.
3)Start again with a smaller amount than what you use in your usual trades so you develop the confidence.
4)Once you feel like you’re doing good, slowly increase position size. Rinse & repeat whenever you lack confidence taking trades again. Better be safe than sorry!
Follow these simple 4 steps to get back on track. No need to make it complicated.
1)Review all trades, identify what went wrong.
Was it that you were gambling? Did you FOMO into a trade?
Did you enter at a wrong area? Did you not wait for the candle close for a breakout trade? Write it down.
2)You’re not a kid, make sure you dont make the same mistake again & are careful next time. Trading is not a joke. If you want to grow the trading account over time, you will never make it without eliminating them.
3)Start again with a smaller amount than what you use in your usual trades so you develop the confidence.
4)Once you feel like you’re doing good, slowly increase position size. Rinse & repeat whenever you lack confidence taking trades again. Better be safe than sorry!
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