2022-05-27 14:34:50
How To Hold Opposing Thoughts In Your Brain For Fun, Superiority And Profit!
Brother,
If you have any bit of trading experience you… theoretically… realized that a coin, a traded asset, EVEN WHEN IT GOES UP, it has DOWN MOVEMENTS WITHIN…
In other words… let’s imagine not bitcoin, but a brand new coin you know is hyper bullish.
Based on your experience, you can now know, if you take just a second to formalize this thought in your brain:
It will go up, and at one point, it will go down so strong, it will almost come near the beginning.
It will then continue going up, however at some point it can wick down like crazy.
The wick down that happened, at one point will be revisited, at least partially.
You see brother, nobody teaches you this (except, of course, your brother D Man here).
They will load you with indicators, get you drawing support and resistance lines (by the way, let me show you something, open any fucking chart you want… and close your eyes… draw a line… zoom in, zoom out, and you’ll see it kinda ‘makes sense’.
This is the biggest trap of retail trading there is.
Sure, there are important lines, and levels… however, there is much more AND (yup, you now learning it to hold opposing thoughts in your head) much less to support resistance lines than there is.
So, if you grasp this concept, you will become a superior specie… who is capable of understanding my analysis that tells you pretty much of everything.
Example.. you know that we are BEARSIH here, however we expect first the BULLISHNESS in the coming days.
It doesn’t take a genius so you can tell me which move is stronger and more confident, does it?
If it does, re read some of my posts (including this one) a couple more times.
Also… now, it doesn’t take a genius to realize D Man just saved you from most common noob fomo mistake:
Not expecting a cycle to play out.
The price brother is fractal.
Fractal in simple terms is having same patterns in smaller as in bigger timeframe…
It means, you can time to enter on minute, 15 min chart on a trade that is on a daily chart.
Of course, with so many players in the game nowdays, it will not always play out perfectly… but the main most common mistake now you learned to avoid is
FOMO entering or FOMO leveraging…
Even if you enter near the bottom bitcoin at let’s say (current: 28k) your entry: 33,000 and it goes to 55,000…
You can expect (unless it’s like 2017 type of pump for 10 days)… the price to return, liquidate overleveraged guys and continue up… and then next time creating a down wick, again liquidating and continuing up.
Ways to protect against it are countless NOW THAT YOU UNDERSTAND what D Man wants to tell you..
You can wait for right entries.
You can enter the ‘fake’ down moves…
You can book multiple times…
and finally, when you get really good at it and in times you find favorable… you can play both long and short side of the move.
This is power brother.
This is what Blockchain Whispers edge brings.
Lately I write less such articles because in history I have taught my followers a bunch who really was interested in learning. And i don’t like to repeat myself.
This is a concept which you ABSOLTUTELY MUST be able to comprehend (most aren’t) to start fucking winning in trading.
Having opposing thoughts at the same time for any given trade.
If you think like a noob (and remember, we all did at some moment) and daydream of one green candle up… you know brother the saying in poker… “if you enter a poker room and don’t know immediately who the fish is… you are”.
Fish in poker is the losing player.
You brother now are a dolphin. Good hearted creature, however not weak… strong… you can beat shark if you really want to, but you don’t have such ambitions..
Win brother.
Stay high quality person.
Cheers!
Your,
D Man
727 views11:34
B
