Have you guys seen the benefits of sticking to your discipline? Just follow the plan you've laid out. Set your SL correctly, and you'll catch the big waves.
Let’s talk a bit about sideways price movement.
Many of you might get stuck on: what exactly does sideways price movement mean? If we say it’s sideways, it must be fluctuating within a small range. But how small is small? Tough, right?
If you think that way, you're mistaken and will always be confused.
Let me redefine it for you; try this out and see if it feels easier!
Just take any Long Short indicator you usually use.
When the price keeps creating signals to flip between Long and Short continuously over a few candlesticks (like the chart I sent), that's the market makers (MM) switching things up, preparing to move in the direction they want. Before they do, they shake off some positions.
But you have to be really disciplined to catch it. Don’t fear the SL. But also stay sharp, as many low-cap coins can swing around a few dozen times, and hitting an SL can be heart-wrenching. Experiment and learn from your experiences, folks!$BTC
Let’s talk a bit about sideways price movement.
Many of you might get stuck on: what exactly does sideways price movement mean? If we say it’s sideways, it must be fluctuating within a small range. But how small is small? Tough, right?
If you think that way, you're mistaken and will always be confused.
Let me redefine it for you; try this out and see if it feels easier!
Just take any Long Short indicator you usually use.
When the price keeps creating signals to flip between Long and Short continuously over a few candlesticks (like the chart I sent), that's the market makers (MM) switching things up, preparing to move in the direction they want. Before they do, they shake off some positions.
But you have to be really disciplined to catch it. Don’t fear the SL. But also stay sharp, as many low-cap coins can swing around a few dozen times, and hitting an SL can be heart-wrenching. Experiment and learn from your experiences, folks!$BTC