@mr_abundance_ i dont really invest heavily in crypto i just future trade but i have some spot holding in $doge at average price of .12$,i am fine with losing it but why to lose it so would you recommend cutting position or hodl and sell it above 0.13$ because that target doesn't seems unlikely
A tip if you have a good hold of technical analysis but still lack execution skills. Something I believe many around here still need to improve on. It's a myth that good technical analysis leads to profitable trading, finding levels and understanding the charts is quite easy - if you put the work in you can fully understand a conceptual strategy within a month depending on who you learn it from. But execution takes years to develop psychologically and that's what generates money.
The main hiccup is the trades you take vs don't take, but most importantly the trades you over manage and their potential outcomes if you did not over-manage, in which you probably did not document.
Create some type of demo/paper money account. For every single trade you take, copy that same exact trade on the demo account. Same entry/SL/final TP.
The only difference is, once you copy those down on your demo account - DO NOT manage the trade. Let the market either run your SL or take final TP. Don't take any profits manually, do not trail your SL, just do absolutely nothing.
Once you finish the real trade, whether stopped breakeven or in profit etc.. later on compare it to the final result of the demo trade. How did the R/R or PnL compare to your real trade ? When you do this, you start to see how your live decisions differ from the original format of your setups & if your emotional reactions hinder or facilitate your trading.
Then you can document the trades and understand your best setups, you'll start to realize money was left on the table due to over-managing textbook entries out of fear/greed & analysis paralysis.
When you frequently see bullish news ["pumpamentals"] while the price continues to drop for several weeks to months, you're basically in denial, being scammed by the largest holders who want you to buy their bags.
$SUI i am interested in 1D demand+multiple hidden liquidity level+range VAH , other than that i am not interested in any level for a potential long on HTF
Thread ๐งต
1/ I had a serious issue with @KleinFunding and how my review was handled on @Trustpilot . Sharing everything clearly so others can judge.
2/ I originally chose them after seeing promotions from influencers like @inspirdanalyst
15/ Iโm sharing this so others stay cautious:
Always keep screenshots
Donโt rely on a single platformโs reviews
Be careful when relying only on influencer promotions