In today learning we learn bout good trades and bad trades.
The essential is:
There are many good trades
But here are also few bad trades - we need have strategy to survive bad trades to continue tomorrow as well, for instance stop loss.
With risk-return ratio, we can allow us to find strength of price so that it keeps go another let us say +2% from a certain and strong buy-level.
We focus on long (bull) positions and from local bottoms after a dump.
Study chart and learn!
The essential is:
There are many good trades
But here are also few bad trades - we need have strategy to survive bad trades to continue tomorrow as well, for instance stop loss.
With risk-return ratio, we can allow us to find strength of price so that it keeps go another let us say +2% from a certain and strong buy-level.
We focus on long (bull) positions and from local bottoms after a dump.
Study chart and learn!
Nota
#1 never think you are better than the market#2 plan money, money management is important
#3 use strategy to make profit and manage risk, loss
#4 have sources for new cash liquidity or else you will be bankrupt quick
Nota
So you got 4 options to make money:1. make profit on intereest rates in bank account $10,000 gives maybe $200
2. lose big by thinking you are better than market $10,000 turns into $4,000 eoy
3. DCA by going only long, but use new cash liquidity to keep adding more funds at lows, maybe $10,000 turns into $15,000
4. Learn to long and short by trading only weekly chart/monthly chart frame, maybe $10,000 turns into $20,000
Nota
Today's motto:If you win 100 trades
You can afford lose 5 trades
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.