Trading rule #1: Wait for your signals.
Trading rule #2: Let price action tell you what to do.
Trading rule #3: Quantify your risk on every trade.
Trading rule #4: Accept small losses early or let a winner run.
Trading rule #5: Stay disciplined and follow your system.
If you missed bitcoin, don't worry.
Altcoins will do something similar, but the pumps will be even crazier.
Here are 9 Altcoins that look ready to go;👇
Some influencers are shit posting like:
"liquidity is higher"... (no charts though)
Here are liquidation levels as per @DailyCryptoTrad TV indicator, on 4 different time frames.
I'll let you decide where the liquidity lies.
Red 100x-125x
Orange 50x
blue 10x-25x
#BTC#Bitcoin
Trading a bull run is harder than you think.
90% of people are going to fumble the bag again this cycle.
Please don't be one of them.
This could be your last chance to make it in crypto.
🧵: Here are 15 rules you must follow in order to maximise this bull run.👇
If you want to maximise this bull run, you must pick the right narratives.
Last cycle, we saw L1s, DeFi and metaverse coins explode.
This cycle, institutions are pouring capital into THESE narratives.
You have a chance to be EARLY.
🧵: My top 7 sectors for this bull run.👇
#BTC
5 Phases of The Bitcoin Halving
1. Pre-Halving period
Approximately 77 days remain until the Bitcoin Halving in April 2024
Historically, any deeper retraces that occur during this orange period tend to generate fantastic Return On Investment for investors in the several months after the Halving
Generally, any retrace during this period likely represents one of the final bargain-buying opportunities for Bitcoin in the Pre-Halving period
In fact, Bitcoin performed a -18% retrace this January already
Was that the retrace that historically tends to occur during this period?
In any case, there is now a rapidly shrinking 14-day window where if Bitcoin is to perform another pullback...
It should do over the next two weeks, between now and the Pre-Halving rally which we'll discuss next
2. Pre-Halving rally
With the orange Pre-Halving period slowly coming to a close with only 14 days left...
Bitcoin is slowly getting ready to transition into the Pre-Halving rally phase
Approximately ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
3. Pre-Halving retrace
After the Pre-Halving Rally has concluded...
A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
$BTC #Crypto #Bitcoin
It's a bold claim to say "this time is different" for #Bitcoin.
To do that, you're betting against 3, going on 4 cycles of the same.
Everything you've seen so far, including the launch of ETFs have played right into the cycle.
Remember when they told you that ETF's were supposed to launch Bitcoin to new ATHs instantly?
Instead, the launch of ETFs marked the exact day of the local high.
"This time is different" fools you every single cycle, the same villain wearing a different mask.
Sideways period scheduled to start soon after the completion of the correction, lasting about 4 months until the second early top in June 2024 (purple dot)
New ATHs after November 28th, 2024.
Cycle Top +/- 21 days from November 28th, 2025.
Those who died yesterday had plans for this morning. Those who died this morning had plans for tonight.
So whatever it is you want to do JUST DO IT.
Don’t worry about what others will think or say. Their opinions are irrelevant ✍️
The markets aren't random, otherwise 95% of traders wouldn't be unprofitable.
Had the markets been completely random, no matter how hard one tried.. His result would be aspiring to neutral P&L.
Yet, people with no strategy or experience manage to lose MILLIONS.
How come?
What do all of these people have in common?
How are they all achieving similar results in real time?
How are they bidding the same side consistently, even though they're trading different strategies?
All of these are questions I had.
The answer is, generally speaking, humans don't trade any strategy except for one.
95% of human traders trade their emotional subconscious bias.
Not Support/Resistance, not Liquidity, not any pattern.
They trade their emotional subconscious bias.
This is how millions of different traders around the world from different countries, who speak different languages, who are from different communities, with different beliefs, different mindsets, different trading strategies..
All bid the same side.. The losing side.
Before the market moved up, they knew to bid short.
Before the market moved down, they knew to bid long.
How?
Because they're all human. They react to emotion.
An example which I called & explained in real time:
When Nasdaq was trading at a deep premium; we were trading very far away from any significant lows, and extremely close to very significant highs.
I called out the fact that no matter if people are bullish or bearish, most people are going short here.
Because if they're bullish, they'll be sitting out.
& if they're bearish, they will be engaging.
& subconsciously, greed is motivating a bearish bias at this point in time.
Thus I predicted that most of the losers(95% of human traders) are engaging in shorts here
Which means the winners must be engaging in longs, thus I seeked opportunities to go long and came out victorious.
Do you see how a subconscious bias is forged by emotions?
Do you see how polar opposite humans are executing similar trades since they all react to emotions?
This is what LIQUIDITY is truly about.
It's not about equal highs or lows.
It's about understanding people and their psychology.
Furthermore, it's about understanding yourself & YOUR psychology.
The goal is get a little better every day. You don’t have to be perfect. The mastery comes from repetition & time.
I have found that the highest pain comes when comparing myself to others. Nothing good comes from it. Usually the people focused on comparison are unhappy and jealous.
Stick to your own lane and focus on leveling up your own game. I always seem to progress at an exponential rate and find contentment in simply winning against myself.
Men, be very careful smiling at a girl when youre broke.
Once youre rich thats going to be a newspaper story and a lawsuit.
"Its been 18 years but I still remember his face 😥😥😥😥"
Everybody understands that it's okay to fail if you've tried your best.
What almost nobody understands is that if you ACTUALLY try your best...
TRULY try your best with EVERYTHING you've got...
You never fail.