Starting the week with a plan to fulfill and forgetting FOMO, operations that leave cents, the sum of all those small operations becomes solid and allows for increasing amounts 💪🏽 charting a slow but steady plan and reading market indicators and direction, let's go all in starting with 2 $USDT
Today I touch on taking a break from the crypto market and enjoying family time, due to overconfidence I operated incorrectly and lost half of what I earned, we also need to talk about losses, not just about exorbitant and unrealistic gains, where a bad entry can cost you some of your mental peace.
We continue in the challenge, I am not going to give up, I am still at #RetoKiuTrades1a1000 with the community I have learned from 💪🏽
One of my first operations alone without being in the group #RetoKiuTrades1a1000 , knowing a little about the indicators, waiting for the entry and seeing how the market is, you have more tools to not gamble and operate with more confidence, totally grateful with @KiuTrades @REDYRICAR_DOC and to those who join you, to debate and comment on what is happening in the market and what they narrate when we are making operations, a hug to all brothers!!!!! We are partners and students 👍🏽💪🏽
I HOPE TO LEARN MUCH MORE FROM YOU AND PASS THIS KNOWLEDGE TO MORE PEOPLE
I lost more for wanting to resist, I got trapped in an operation, this is where we must know when to exit even if we lose, because the market is volatile, you don't know for sure what will happen, it's better to lose a little than to let the loss accumulate and lose more, it's hard to go against your ego but daily opportunities in this market are abundant, let it go and turn the page.
Good morning crew, another day of #trading en #future with the spirit high, learning from mistakes and moving forward because going backward is only to gain momentum.
It's worth waiting in open trades and not getting scared so easily when there are many reds "after the storm comes the calm", and of course the reward of getting something from the market.
Finally, I am getting out of the hole, with this push from several operations I will rise and be able to get out of the red, holding on even if they are simple operations is not easy, because now they are cents, tomorrow they can be dollars or hundreds of dollars.
$IMX $METIS
#RetoKiuTrades1a1000 standing strong to continue moving forward with more operations.
$RENDER I was two days in red when the market collapsed, but I wasn't liquidated, I saw big red numbers but I didn't let myself get scared easily, I waited and overcame with a strong mentality, I also closed other trades in a little green but finally profit, I am waiting for it to rise a little more to close more trades
The amount you entered is the Size (USDT) and divide it by the leverage, the result is 34.75, which is the margin, it is calculated only by the size and the leverage.
Yordan Valarezo crió
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Can someone help me by explaining what Margin (USTD) means 34,75
Stop betting, because of that I lost a lot, now I want to be a Trader, but conservative, due to my job, sometimes I cannot do scalping, do you think we can find something
KiuTrades
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Repost about the strategy we use for those starting the Challenge from 1 to 1000
Summary of day 1
Stop being an "Gambler" to become a "Trader"
We start the challenge with just one dollar in our futures account. The goal was not just the money, but to demonstrate that with risk management, you can build an empire from the ground up.
We talked about the discipline a trader must have; it's not about how much you earn, but how much you keep.
The initial strategy to grow the dollar is simple: Maximum Leverage/Minimum Entry It's as simple as that: use the maximum leverage allowed (e.g., X75), but with the minimum possible entry (5.1 or whatever the token allows) and in Cross mode.
It seems crazy, but I have checked many times that this system works if used consciously and intelligently.
Why do we use such high leverage? Because we need Uncle Binance to "lend" us his money so we don't have to use too much of our own, allowing us to open several trades with just a little dollar in our account. We love you, Uncle Binance ❤️
Why do we open with the minimum entry? So that the liquidation price stays as far away as possible, giving the trade room to "breathe" amidst volatility. This is the heart of our survival when working with just one dollar.
Why in Cross mode? Because this allows us to keep opening more trades; the ones that are in profit will give "oxygen" to those that are in loss, and our survival time will increase with each positive trade, providing an increasingly larger margin.
Do I always recommend using maximum leverage on all trades? NO
Do I always recommend using Cross mode? NO
Do I always recommend entering with the minimum? That depends on you.
Are we going to always use the same strategy? No, as our account grows, the strategy adapts to the situation.
$IMX Yesterday I entered a little late to this trend but it seems stable for now, anyway applying knowledge and observing the graph helps a lot, in addition to not letting greed or emotion take over when closing operations.
Weekend with the family, a few operations losing others winning, trying to apply the knowledge shared in the lives of the #RetoKiuTrades1a1000 , nothing better than starting to apply that knowledge by reading the order books together with the RSI and observing the behavior of the charts and the market.
The FOMO got the best of me and I didn't want to lose more, I closed yesterday with a loss, without realizing that this morning I would have had the same result but in green, another lesson learned.
$VIRTUAL
#RetoKiuTrades1a1000 my goal remains intact, to learn as much as possible from the greats and implement their teachings.