⟠ 𓃓 ∞ ₿ullish ₳lex
@AlexjFerraro
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#DigitalArtist,#CryptoTrader, Not an Expert, Not Financial Advice; I just want to see everyone win🍞²🤺 I ONLY POST OPTIMISTIC BEST CASE SCENARIO BULLISH CHARTS
United States
Joined March 2014
2024 Live Chart Database - https://t.co/yDvU044v1g TA Patterns and Formations Database -
docs.google.com
𓃓 - #Cryptocurrency Live Chart Database - 140+ $Alts https://t.co/c5HHweFdCS ⟠ - Master Thread of Information - ⟠ https://t.co/fMdAjWZ9pP there is added info in the additional links + comments on each post. I use Quasi-sine, Polynomial & Linear Regression functions.
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Had fun digital painting in Procreate for the first time. The brushes are sick.
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-If you add extra over leveraged size on a dip below your entry to pull your avg down, when the trade flips green trim off the extra you added to de-risk the position and give you some extra cushion if it hunts your stop. This also lets you re add size if it flips red again,
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-You have to be okay with making small amounts of money on some trades; Well, most trades. Not every trade has to be a moonshot. Going for a huge move every time you enter a trade is really terrible because it's the least frequently occurring wave, and hardest one to manage
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I hope these help, take them serious. I guarantee anytime you've lost money you broke at least one of these rules, if not several. It should help give clarity on to what you did wrong or how you winded up in a bad situation, how to prevent them and what to do in them. As well as
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-Ask yourself "To whom does it benefit?" when looking for answers or reasons why something happened or could happen, rather than just getting purely emotional.
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-Use @TradingView Charts, not just only phone view exchange charts. Draw trend lines and fibs on your charts, they help you make sense of it. Connect the highs to the other highs, and lows to the other lows. It generally needs at least 3 touch points. Find the average of the
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-Don't trade when you're not home or severely distracted. Gotta be at peak performance when your bloodline's well-being depends on it. 😂
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I've probably stared at charts for 30,000 hrs at this point in my life lmao
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god damn i didnt realize i have this many fucking rules holy shit lol. Guess ive "been there done that" 🤣🤝
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-Wait for HTF candle closes or 15 mins before the close at minimum before entering a trade during a highly volatile day. (4h, 1D, 1W)
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-Don't stake coins places that take longer than a day to unlock, if not immediately. You'll go to sell when it's up and it'll say available in 30 days and the price will be back down by then and you just lost all your profits because you wanted to make 13 cents a day off staking.
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sometimes you can make it back before it even actually pumps if you scalp those waves.
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-Don't hyperfocus on immediately making your money back in one trade after a loss. You're emotional in this state and prone to making bad decisions. Be patient & wait for an opportunity to present itself. You also don't have to get back to break even or profits on the next
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-Don't market buy on exchanges with high trading fees. Limit orders are sometimes 1/4th the fee to do the same thing you're doing with the market order if you put the limit at the current price. Those fees will add up especially if you are losing money.
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-Don't let people give you money to trade with for them. Shit's way too annoying and not worth dealing with unless you're getting paid to do it.
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-Move realized profits out of futures/off the exchange.
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If a 4hr candle closes at the bottom of a range, the next 4 hr almost always sets a low on it before engulfing.
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-Don't immediately ape your whole paycheck into crypto as soon as you get paid.
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