A shakeout is a market move where the whales (exchanges) create volatility in order to rattle unprepared traders and investors.
If you use a limit stop-loss and you are clueless, the exchanges and market whales can see your orders and they use this to their advantage. Since they own all of the coins and everything basically, they can move the market. They produce a massive amount of pressure until everybody freaks out.
Those with too much leverage gets their positions liquidated. Everything lost. That's fine, it is their fault for being too greedy. Learn from your mistakes. Take the loss and move on. Nobody to blame. Just a lesson and a learning experience.
Those with a tight stop-loss limit order get to sell at a lower price and secure a small loss, sometimes between 10-30%.
Those patient, MasterAnanda readers and followers, get to watch from a distance and even buy more when prices are low. No loss.
Let me get back into conspiracy theory mode.
So the market produced a bottom and is set to grow long-term. Very stupid and greedy people start to become very aggressive and decide to buy with 15, 18 and even 20 or more X.
We have no compassion for these people because this obviously greed, too much of it. And of course, this can never work.
The market is like a living being. Like a horse or a camel. It feels it has too much weight on top of it and if it wants to go the long ride, it has to get rid of this weight. The shakeout only lasts a few days but more than 1 billion USD was removed from the market. This is all leverage. This has nothing to do with buyers, investors or spot traders ok?
So these were literally gamblers that lost money. This is not a casino, this is a financial market. Learn to play the game or get REKT.
The way to play is to buy and hold.
The way to play is by participating, being part of the market and accumulating.
Of course, there is nothing wrong with gamblers but if you do gamble, there is a very strong risk involved.
While a gambler can lose everything in one single bet. A spot trader can hold and if prices drop, simply wait. The worst case scenario ends up being a long wait.
It is a shakeout and look at this chart, ZENUSDT. Two days later, the market is back up—full green. We have a higher low.
This is only the start. It will get harder and more complex as the bull market develops.
Please, whatever you do, do not use margin or leverage if you don't know what you are doing, the results is never anything good.
The only reason why you would use leverage is "to earn more money." "To earn more," "to earn fast." How did that go?
In the quest for fast money, big money, you ended losing hundreds of thousands in less than a month.
It can take 2-3 months to earn a sure 100-300%.
It can take 3 weeks to have your entire position liquidated.
Anyway, stay away from leverage if you can't keep it below 5X.
If you do go there, just know that you will not make it out alive. Everybody is thinking that they can beat the professionals, but the professionals are trading 24-7, you are on a phone and only check-in every few days. By the time you try to adapt, everything is gone. You are not buying from an exchange, you are competing against them and it is a losing game, they hold your money, your history, your data, your coins. They will always beat you because they know everything that you do, and you know nothing about how they work.
They'll give you a great website, lots of numbers, lots of cats and dogs and the illusion that you can make money easily without much effort. You lose money and they make billions.
If you want to win, play long-term.
Only use leverage when you have been successfully trading spot for 2-3 years, minimum. And when you do start with 3X.
By the way, if you don't have time to plan, to read, to prepare, you won't have time to get paid.
This is the most advanced game in the whole world. It is a money game. Only a very small percent are successful at it. Think before you believe you can come ahead without any effort, you are playing against us—we own the market.
Thank you for reading.
Namaste.
If you use a limit stop-loss and you are clueless, the exchanges and market whales can see your orders and they use this to their advantage. Since they own all of the coins and everything basically, they can move the market. They produce a massive amount of pressure until everybody freaks out.
Those with too much leverage gets their positions liquidated. Everything lost. That's fine, it is their fault for being too greedy. Learn from your mistakes. Take the loss and move on. Nobody to blame. Just a lesson and a learning experience.
Those with a tight stop-loss limit order get to sell at a lower price and secure a small loss, sometimes between 10-30%.
Those patient, MasterAnanda readers and followers, get to watch from a distance and even buy more when prices are low. No loss.
Let me get back into conspiracy theory mode.
So the market produced a bottom and is set to grow long-term. Very stupid and greedy people start to become very aggressive and decide to buy with 15, 18 and even 20 or more X.
We have no compassion for these people because this obviously greed, too much of it. And of course, this can never work.
The market is like a living being. Like a horse or a camel. It feels it has too much weight on top of it and if it wants to go the long ride, it has to get rid of this weight. The shakeout only lasts a few days but more than 1 billion USD was removed from the market. This is all leverage. This has nothing to do with buyers, investors or spot traders ok?
So these were literally gamblers that lost money. This is not a casino, this is a financial market. Learn to play the game or get REKT.
The way to play is to buy and hold.
The way to play is by participating, being part of the market and accumulating.
Of course, there is nothing wrong with gamblers but if you do gamble, there is a very strong risk involved.
While a gambler can lose everything in one single bet. A spot trader can hold and if prices drop, simply wait. The worst case scenario ends up being a long wait.
It is a shakeout and look at this chart, ZENUSDT. Two days later, the market is back up—full green. We have a higher low.
This is only the start. It will get harder and more complex as the bull market develops.
Please, whatever you do, do not use margin or leverage if you don't know what you are doing, the results is never anything good.
The only reason why you would use leverage is "to earn more money." "To earn more," "to earn fast." How did that go?
In the quest for fast money, big money, you ended losing hundreds of thousands in less than a month.
It can take 2-3 months to earn a sure 100-300%.
It can take 3 weeks to have your entire position liquidated.
Anyway, stay away from leverage if you can't keep it below 5X.
If you do go there, just know that you will not make it out alive. Everybody is thinking that they can beat the professionals, but the professionals are trading 24-7, you are on a phone and only check-in every few days. By the time you try to adapt, everything is gone. You are not buying from an exchange, you are competing against them and it is a losing game, they hold your money, your history, your data, your coins. They will always beat you because they know everything that you do, and you know nothing about how they work.
They'll give you a great website, lots of numbers, lots of cats and dogs and the illusion that you can make money easily without much effort. You lose money and they make billions.
If you want to win, play long-term.
Only use leverage when you have been successfully trading spot for 2-3 years, minimum. And when you do start with 3X.
By the way, if you don't have time to plan, to read, to prepare, you won't have time to get paid.
This is the most advanced game in the whole world. It is a money game. Only a very small percent are successful at it. Think before you believe you can come ahead without any effort, you are playing against us—we own the market.
Thank you for reading.
Namaste.
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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.
➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.