Post
Topic
Board Trading Discussion
Re: Are shorts much easier for speculative trading?
by
Lakai01
on 22/06/2021, 06:15:49 UTC
At the moment ,I never touch futures trading yet because seem too risky for me and only trading on spot market When crypto market on bull season is difficult to determine the resistance area.
"Resistance Areas" ... you hear the term again and again and I also aligned my trades with it in 2017. However, it became clear relatively quickly that there are actually no resistance areas in the crypto sector. Crypto is very strongly driven by news and FUD, a well-placed FUD message breaks through a resistance area without any problems and leaves many traders who have bet on such a zone with losses.

I now no longer trade at all according to such zones but simply stick strictly to my stop losses, regardless of whether BTC is about to break through the 30k or not.