yup, nice break out :-)

were you patient enough? 🙂

almost 12h later 🤡📈

another W for the books,

profits taken, SL entry

cheers!!

market isn’t stable as it just pumped,

don’t enter new positions

wait for the market to stabilise and wait for the trades to come to you!

don’t go hunting for trades +++ (easiest way to lose money)

as always, don’t chase the pumps/dumps if you’ve missed it already

#tips

i think this is also another good example for the new traders here,

patience is really key in trading, whether it is to look for trade set-ups or waiting for your trade to play out

have confidence in your trades, no panic selling

check if trade is still valid once in awhile, if it’s still valid, let it run

cut loss if you feel it’s no longer valid or the price action is looking weird/not expected

if it hits your SL, nevermind then we move on to the next trade no emotions!

#tips

managed to end the day in slight profit overall from BTC scalp and ETC play saving my BTC overnight short loss

have a goodnight and I’ll see y’all again tomorrow!

to the top with you,
cheers!!

Yes bro thanks to u I can see better

Today all trades profited, made close to 150 with my 200

Alot of lessons learned from ur channel!

📈 POTENTIAL TRADE ALERT

stopmarket long btc @ 33k

SL 32700

looking for a bounce on key support

if it doesn’t trigger, it’s fine

Just now I lost somewhat 18$ on BNB short... When btc pumped.
And for loosing that money... I instantly opened a long position at 34144 and lost another 9$ closing the same when market starts to dump...
To recover the loss... I opened long position with high margin at market price 3 times... And closed them at loss...

hey guys,

just wanted to share this example (with permission from @DroneKilzer )

this is emotional trading right here, opening new positions to immediately try recover losses and also panic closing

what’s more is that opening new positions in an unstable market aka now when btc is dumping and bouncing around will only cause more loss 90% of the time

it’s really unsafe to trade.

i want to thank @DroneKilzer for allowing me to share his example that just happened 10 minutes ago

and i hope you guys can learn from his mistakes (and mine when i first started as well)

#learn

^^^ really important tips here

trade safe guys!

hmm, almost!

would’ve been in nice profits there

if it came down just $10 more

but hey, the idea is there so we’ll get it next time!

edit: cancelled my order since it didn’t play out

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ETH 1h tf

possible symm triangle,

I think I'll be looking to play this

you can draw it on your chart as well

#analysis

possible falling wedge on btc 4h tf here

i think it still needs more touches to be valid on the bottom support trendline despite having already 3 touches

you can draw this to keep a lookout as well

https://www.tradingview.com/x/8o5dct1v/

#analysis

I'll be scalping BNB in this range,

entries and exits will be quick, so I won't be sending every trade here in the group

keep your stops tight below support or above resistance and only enter when price is near either of these zones

keep watch on btc as well

btc speculation here,

it might or might not play out, but worth to keep an eye on

edit: updated chart

https://www.tradingview.com/x/GUMUjSuu/

btc scalp

pretty convinced of the support trendline here

now it has to hit the resistance trendline once more for validation

edit: fully closed @ 48%

seems to have broken out of the triangle,

entry on the retest of 33.6k with SL at 33.4k (very tight due to volatility)

i wouldn't say this is the actual breakout, the full triangle might not have been completed yet, hence the possibility that it might just dump back down to support