RE: Timing is everything

You are viewing a single comment's thread from:

Timing is everything

in ethereum •  8 years ago 

Wrong view. Anything you put in market you must be comfortable never seeing again, ever. Otherwise you may languish and experience desperation trying to make up for a bad trade. Recommend to review good trading practices online.

Im not exactly a mentor but will be posting about my technical analysis methodology.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Alright maybe i used the wrong format saying that i do understand you dont add anything to your portfolio that your willing to loose. And its not that i need the money i have in it but the fact ive only been trading about a month and a half self educated and i had an initial investment of 250.....

Right now im happily sitting at aboit 600 total value. I just cant afford to start over with more capital i dont want to loose what i already have in there so i want to play it smart educated and have a guiding goal ups and downs are where the moneys at and i wont be shaki out of the market i dont want my two kids living their whole lives paycheck to paycheck in a 1 bedroom apartment if i do this right and with the right help hopefully one day i can be making descent money trading

i recomment then to review the technical analysis I did last weekend, it was pretty bang on, I will be making a few posts about technical analysis generally as well so stand by for those

investopedia is a great resource too.

I just mean you have to look at it, ready to take a loss if the trade goes against you. There are rules.

Hell yeah and im very familiar with stop loss techniques to minimize and keeping track of you position buy ins. Theyve saved my ass a few times lol

Im very much both as hard as that could be to believe i believe both make you money

no i do both, im investing in BTC by trading to accumulate it. My view BTC is the common denominator of the cryptos

Were speaking the same language then cause thats the direction im trying to go altcoin day trading for a steady increase in bitcoin holdings

Well im trying to be very real in what I share and its all based on my experiences trading equities... Charting really does apply to crypto, its the nature of price action.

I agree man the markets are filled with emotion and charts read human emotion

Charts tell the story. So do some research and follow along my TA on BTC and ETH when you can.