2021-05-25 17:23:10
Many traders will tell you "Buy low sell high"
Some other will say "Don't catch knifes"'
And there are people telling you to "trade with the trend"
While all those advices are separately good, they are sensitively opposed to each others
We have been correcting from a market that has been irrational for weeks. So in my opinion, there is no "good strategy"
The only advice that I can give you is to
FEEL the market. If you embrace it, you will be able to trade confidently, whatever the situation is.
For example, when everything crashed, I knew, it would bounce somewhere, and the bounce would be epic, so I deployed my $USDT cautiously every 10% discount and I cancelled all my leverage trades. This strategy worked even if it was a "knife catch" because
I KNOW this market.
After the bounce, I've not been greedy and took my profits, because even if i know the bull market is not over yet, week end was coming and price action during it is almost unpredictable.
Trading is not only TA, it is also Risk Management, Market Psychology but also being confident and feeling the market.
138 viewsFrenchRandomGuy, 14:23
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