here's some tips i shared with trade pals on choosing the right trade strategy that suits you
everyone's trade strategy is different and there is not one strategy that suits or works for everyone
key things to consider:
wallet size
risk tolerance
availability
1) wallet size as in the amount you can trade
because....
compare someone with 1k account that scalps $30 per trade
to
someone with $100 account that scalps $3 per trade
honestly is it worth scalping the whole day for $3 per trade ASSUMING you win every trade, you need 10 scalps to hit $30
2) risk tolerance, how much you're risking PER trade
3) lastly, availability
do you have time to trade the market the whole day to do minute scalps?
use these guiding points to craft a strategy that works for you!
#tips
everyone's trade strategy is different and there is not one strategy that suits or works for everyone
key things to consider:
wallet size
risk tolerance
availability
1) wallet size as in the amount you can trade
because....
compare someone with 1k account that scalps $30 per trade
to
someone with $100 account that scalps $3 per trade
honestly is it worth scalping the whole day for $3 per trade ASSUMING you win every trade, you need 10 scalps to hit $30
2) risk tolerance, how much you're risking PER trade
3) lastly, availability
do you have time to trade the market the whole day to do minute scalps?
use these guiding points to craft a strategy that works for you!
#tips
Crypto Mumbles
👀 https://www.tradingview.com/x/XoIs8FyB/
btc well played!
trade pals have been shorting since yesterday :-)
trade pals have been shorting since yesterday :-)
coins i would look for in the dip:
XRP
LTC
EOS
TRX
TOMO
AKRO
ALGO
ADA
in no particular order
target 10% minimally
XRP
LTC
EOS
TRX
TOMO
AKRO
ALGO
ADA
in no particular order
target 10% minimally
Forwarded from CM Huat Pals
buy some SNX and DOT in SPOT and hold
both are challenging daily resistance
once broken….
🚀 🌝
both are challenging daily resistance
once broken….
🚀 🌝
Forwarded from CM Huat Pals
btc update!
red line is daily support trendline
blue is lower tf
lowest consolidation zone im expecting is in the 45k range, any lower is the scary zone where we might break back down into range
but we'll handle that when it comes
for now things look good, we'll have troubles fighting the huge resistance area, but once broken in we should be good to consolidate
https://www.tradingview.com/x/V0xE4AgD/
red line is daily support trendline
blue is lower tf
lowest consolidation zone im expecting is in the 45k range, any lower is the scary zone where we might break back down into range
but we'll handle that when it comes
for now things look good, we'll have troubles fighting the huge resistance area, but once broken in we should be good to consolidate
https://www.tradingview.com/x/V0xE4AgD/
TradingView
TradingView Chart Snapshot
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Forwarded from CM Huat Pals
ETH/USDT trade plan
red line SL
targets grey line
upper buy zone only valid if ETH clean breaks and holds above green line, then SL will be the upper red line
https://www.tradingview.com/x/srxMU6QE/
red line SL
targets grey line
upper buy zone only valid if ETH clean breaks and holds above green line, then SL will be the upper red line
https://www.tradingview.com/x/srxMU6QE/
TradingView
TradingView Chart
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Forwarded from CM Huat Pals
ETH/USDT trade plan update
i really like the strength from the fakeout
eth remains trading in our buy zone with a few nice daily candle closes within
that's good consolidation
i'm getting some ETH here
https://www.tradingview.com/x/DqFTEUIe/
i really like the strength from the fakeout
eth remains trading in our buy zone with a few nice daily candle closes within
that's good consolidation
i'm getting some ETH here
https://www.tradingview.com/x/DqFTEUIe/
TradingView
TradingView Chart Snapshot
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