It’s important to know when not to trade
Monday - wait for Monday range
Tuesday - wait for Monday range deviation
Wednesday - wait for midweek midrange
Thursday - pub
Friday - wait for legacy close
Saturday - wait for legacy open
Sunday - Lord rested, you should too
**Thread**
How to use Funding:
Funding rates are periodic payments either to traders that are long or short based on the difference between perpetual contract markets and spot prices.
Some thoughts on copy trading:
Copy trading is not bad. It doesn't mean you don't have any skills.
I do it all the time. The important thing is how you do it.
To recap, in Canada:
- illegal to trade over 30k in crypto except BTC, ETH, BCH or LITECOIN (?)
- 50% capital gains tax
- 53% income tax (Ontario highest bracket)
- illegal for retail to trade leverage since they somehow think this caused FTX blowup
get me out
To all my new followers who have joined the past few weeks, aren't familiar with narrative trading; and think they may be 'too late to enter a narrative'.
Here's some examples.
You'll find:
-these can take 2-4 weeks to play out.
-are often better played as spot swing trades