Could $40,417 be Bitcoin's local top? (Bearish lower highs)
Updated
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Some factors that have really helped me develop as a trader over the last 8-9 months since i started from scratch as a day trader back after the March crash in 2020. What are they?
Risk management gets brushed off as the least important area in trading but especially over the past few months I've realized just how true it really was. It doesn't matter how skilled with TA you are, or how good you are at reading the markets, if you simply aren't doing what's crucial to protect your capital each and every trade within 90 days that account will have been blown up, probably way sooner too.
Plan your trades and trade your plans, don't be greedy, this journey is a marathon not a sprint race.
There's always going to be another trade out there, take profits regularly.
Some factors that have really helped me develop as a trader over the last 8-9 months since i started from scratch as a day trader back after the March crash in 2020. What are they?
Risk management gets brushed off as the least important area in trading but especially over the past few months I've realized just how true it really was. It doesn't matter how skilled with TA you are, or how good you are at reading the markets, if you simply aren't doing what's crucial to protect your capital each and every trade within 90 days that account will have been blown up, probably way sooner too.
Plan your trades and trade your plans, don't be greedy, this journey is a marathon not a sprint race.
There's always going to be another trade out there, take profits regularly.
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Rejection probableTrade active
3rd validation point after this close
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20 day ma broken
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took an L on this last prediction but you cant nail every trade and thats okay
Trade closed manually
Trade invalidatedDisclaimer
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