After a gut wrenching summer.
HODLERS will feel some relief and come the new year will bail...
You missed the chance of exiting at the top...
As for me and my cash.
We will be working the ChARTs daily from the ATM "AtTheMarket" and sleeping well at night.
These 8 years on this site using the knowledge gained from staring at these screens and figuring out this business will be utilized in the business of TRADING...
I would hope that's what you all stayed around for to trade.
Hoping and marrying an asset is POINTLESS to even look at a ChART.
With a 1-1RR AND A 60% WR you can make it in this business if your goal is to
Win Big, Win Small, Break Even, and Lose Small...
My win rate is 65%.
I look to make between $10 to $1000 per trade. (DEPENDING ON GRADE OF TRADE- GRADE DETERMINES THE SIZE) I take 50-150 trades a day.
For easy round numbers.
Lets say I make $10 a win. $10 a loss. I win 7 out of 10 times. = $70 and lose 3 = NET $40
If I did that 10 times a day. =$400
X 252 trading days = $100,000 a year.
This IS the business of trading.
Anything else turn these ChARTs off and forget about wasting your time here...
HODLERS will feel some relief and come the new year will bail...
You missed the chance of exiting at the top...
As for me and my cash.
We will be working the ChARTs daily from the ATM "AtTheMarket" and sleeping well at night.
These 8 years on this site using the knowledge gained from staring at these screens and figuring out this business will be utilized in the business of TRADING...
I would hope that's what you all stayed around for to trade.
Hoping and marrying an asset is POINTLESS to even look at a ChART.
With a 1-1RR AND A 60% WR you can make it in this business if your goal is to
Win Big, Win Small, Break Even, and Lose Small...
My win rate is 65%.
I look to make between $10 to $1000 per trade. (DEPENDING ON GRADE OF TRADE- GRADE DETERMINES THE SIZE) I take 50-150 trades a day.
For easy round numbers.
Lets say I make $10 a win. $10 a loss. I win 7 out of 10 times. = $70 and lose 3 = NET $40
If I did that 10 times a day. =$400
X 252 trading days = $100,000 a year.
This IS the business of trading.
Anything else turn these ChARTs off and forget about wasting your time here...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.