Solana: Perfect Trades and How to Become a Good Trader
Updated
How to trade in the trend market conditions?
It is really simple and profitable. The main idea is to wait for a correction movement and open long positions using reversals from MAs or trend lines in the bullish trend and open short positions in the bearish trend.
Here is an example of trades that every trader with at least minimum knowledge could open and make a solid profit. The price corrected the previous upward movements, bounced from MA, and gave trade opportunities based on reversal and breakout signals in different time frames. This setup is workable in any market. It can be used by day, swing, and position traders.
This time we have the same situation. The price corrected the previous pump. We have reversal setups from the uptrend line. If we looked at the hourly time frames, we would see different signals for buying with very good entry points.
The price is not far from the downtrend line. A breakout above it will confirm the continuation of the bullish trend and give new trade opportunities.
As you see, trading can be very simple if you know what to do and how to catch trade opportunities. That's why I remind you one more time, don't spend time and money buying useless premium trading signals, but invest your time, money, and effort into knowledge and the right experience. After that, you will be able to "see" different trade opportunities and get benefits from them.
P.S. If you think this stuff is valuable, please, support my work by your likes and comments. Thank you!
It is really simple and profitable. The main idea is to wait for a correction movement and open long positions using reversals from MAs or trend lines in the bullish trend and open short positions in the bearish trend.
Here is an example of trades that every trader with at least minimum knowledge could open and make a solid profit. The price corrected the previous upward movements, bounced from MA, and gave trade opportunities based on reversal and breakout signals in different time frames. This setup is workable in any market. It can be used by day, swing, and position traders.
This time we have the same situation. The price corrected the previous pump. We have reversal setups from the uptrend line. If we looked at the hourly time frames, we would see different signals for buying with very good entry points.
The price is not far from the downtrend line. A breakout above it will confirm the continuation of the bullish trend and give new trade opportunities.
As you see, trading can be very simple if you know what to do and how to catch trade opportunities. That's why I remind you one more time, don't spend time and money buying useless premium trading signals, but invest your time, money, and effort into knowledge and the right experience. After that, you will be able to "see" different trade opportunities and get benefits from them.
P.S. If you think this stuff is valuable, please, support my work by your likes and comments. Thank you!
Note
Not Financial Advice! Note
The 1st trade: risk 1$ to make 4.64$ - Profit! The 2nd trade: risk 1$ to make 3$ - Profit!
The 3rd trade: risk 1$ to make 3$ - It doesn't matter!
The total profit from these 3 trades can be a minimum 6.5$.
How much is it?
If your risk per trade is 1%, your gain from these 2 trades is 6.5%
If your risk per trade is 2%, your gain from these 2 trades is 13% minimum.
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.