📈📉 My $600 blow-up started fighting trends. Retail traders get crushed picking tops/bottoms. Trend following isn't flashy, but it works – you ride momentum, not fight it. Less risk, higher probability.
Spot it: Uptrend = Higher Highs (HH), Higher Lows (HL), price *above* 20/50 EMA. Downtrend = Lower Highs (LH), Lower Lows (LL), price *below* MAs. Simple rule: Only long in an uptrend. Only short in a downtrend. Don't buy a 'dip' in a bearish market; that's catching a falling knife.
Practical: Say ETH broke $3,800, made a HH at $3,950, then a HL at $3,880. Price holds above its 20 EMA. This is *only* for long entries on pullbacks to support, never try to short such a rally. Stay disciplined.
#TrendFollowing #FuturesTrading #TradingTips #BinanceFutures #RiskManagement
Spot it: Uptrend = Higher Highs (HH), Higher Lows (HL), price *above* 20/50 EMA. Downtrend = Lower Highs (LH), Lower Lows (LL), price *below* MAs. Simple rule: Only long in an uptrend. Only short in a downtrend. Don't buy a 'dip' in a bearish market; that's catching a falling knife.
Practical: Say ETH broke $3,800, made a HH at $3,950, then a HL at $3,880. Price holds above its 20 EMA. This is *only* for long entries on pullbacks to support, never try to short such a rally. Stay disciplined.
#TrendFollowing #FuturesTrading #TradingTips #BinanceFutures #RiskManagement