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🌸Summary of the great trading secrets and Risk Management that will boost you in the market 🌸
Risk Management and the Risk-to-Reward Ratio 💕: The real secret isn't in magical indicators at all, my friend; the secret lies in entering trades that give you an expected profit against a potential loss ratio of 1:3 or more. This means if you lose 6 trades and only win 4 out of 10, you'll end your month in profit and feeling great. The most important thing is to never risk more than 1% to 2% of your capital in a single trade (Position Sizing), no matter how confident you are.
Whale Psychology (Accumulation and Distribution) 🐳: This market is smart and cunning! It rises when everyone is scared (FUD) and falls at the peak of excitement. When you see Telegram and YouTube buzzing about a coin and hyping it up, know that the whales are making noise to sell to you (Distribution). And when you sense panic and everyone is crying, recognize that this is the peak of intelligence to buy quietly (Accumulation). Always be fearful when people are greedy, and greedy when people are fearful.
Controlling Emotion and Your Psychology 👑: Proper trading is incredibly boring and requires calm and patience, not chasing adrenaline! A savvy trader waits like a sniper for the exact price and doesn't jump in randomly (Overtrading), and most importantly, they don't think about seeking revenge on the market when they lose (Revenge Trading) to keep their portfolio alive and safe.
$STG $HOME $FET
#Binance #BinanceSquareTalks #cryptouniverseofficial #CryptoUniverse
Risk Management and the Risk-to-Reward Ratio 💕: The real secret isn't in magical indicators at all, my friend; the secret lies in entering trades that give you an expected profit against a potential loss ratio of 1:3 or more. This means if you lose 6 trades and only win 4 out of 10, you'll end your month in profit and feeling great. The most important thing is to never risk more than 1% to 2% of your capital in a single trade (Position Sizing), no matter how confident you are.
Whale Psychology (Accumulation and Distribution) 🐳: This market is smart and cunning! It rises when everyone is scared (FUD) and falls at the peak of excitement. When you see Telegram and YouTube buzzing about a coin and hyping it up, know that the whales are making noise to sell to you (Distribution). And when you sense panic and everyone is crying, recognize that this is the peak of intelligence to buy quietly (Accumulation). Always be fearful when people are greedy, and greedy when people are fearful.
Controlling Emotion and Your Psychology 👑: Proper trading is incredibly boring and requires calm and patience, not chasing adrenaline! A savvy trader waits like a sniper for the exact price and doesn't jump in randomly (Overtrading), and most importantly, they don't think about seeking revenge on the market when they lose (Revenge Trading) to keep their portfolio alive and safe.
$STG $HOME $FET
#Binance #BinanceSquareTalks #cryptouniverseofficial #CryptoUniverse
Shawanna Siangco dC5s:
مساء الورد شكرا جزيلا لكم
A very good news for $XLM supporters ..😊
Massive bullish breakout comes in $XLM .
Coin flying with high volume. I think after a small pullback it cover more heights soon.
In Sha Allah .❤️
Stay tuned for $XLM and other coin more updates .
#XLM #Coinupdates #BinanceSquareFamily #CryptoUniverse #BullishRise
Massive bullish breakout comes in $XLM .
Coin flying with high volume. I think after a small pullback it cover more heights soon.
In Sha Allah .❤️
Stay tuned for $XLM and other coin more updates .
#XLM #Coinupdates #BinanceSquareFamily #CryptoUniverse #BullishRise
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