district0x, What To Do With This One? THIS IS HOW TRADING WORKS

13 nov 2020

Nothing goes up in a straight line... Not with these charts.

When prices are going down, we see bounces, green candles, fake moves, recoveries... Then continues the drop...



As prices move up, the same is true...
We have red days, drops, retraces and then the growth is resumed.

We trade but we also read charts.

For me, I have to focus on the reading, this is what I am doing for you all.
For trading, the ups and downs are irrelevant... This is how the trading goes.

Prices going up for a while can be nice but be prepared knowing that they will eventually fall.

They can fall for a few hours, a few days, sometimes weeks, or even more...
When the drops stop, the market resumes the growth.

Back to trading; we don't worry about this at all.

We keep it so, so, so simple...
This is how trading goes.

We set a target (sell price for-profits),
And we also set a stop-loss (sell price in case things go wrong).

Whatever happens in-between does not matter.
We just wait patiently and let our trade develop...

THIS IS HOW TRADING WORKS!

Namaste.