Post
Topic
Board Trading Discussion
Re: How to trade after all time high
by
Fatunad
on 08/01/2021, 22:20:44 UTC
Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.

At that time we don't have any charts,so we should trade with the help of indicator only.....

You need to define why you trade crypto currency, do you trade crypto currency because of its all time high or because you want to take profits steadily without fail ? As  a trader; you should have percentage profits target and not concern yourself with all time high. Long Hodlers should worry about all time highs. Do not lose focus while trading.
All time high wont really be an issue for most traders because they can trade out without any problems, it doesnt matter if its a bearish or bullish market because as long the market moves
then this is where people do love  to engage.Trading in all time high wont be an issue.

Its true that you should not panic out or dont lose your focus when you do trade because this is where things becomes messy when you havent done your typical trading system.

For people who do see this as an issue then they should skip out things if they do see that they arent really ready to engage yet.