Happy New Year, everyone.
The market reacted positively to liquidity flowing in. BTC closed the month well, and the current price is around 96,830. I've just opened a swing long order on SUI, GRASS, and SOL. If the market conditions allow, I might hold these positions for a while.
Anyway, that's not why I'm here. Since it's the new year, how would you approach the market to access liquidity? Would you go for prop firms, trading competitions, vouchers, or strictly focus on building your capital to a decent amount?
The market reacted positively to liquidity flowing in. BTC closed the month well, and the current price is around 96,830. I've just opened a swing long order on SUI, GRASS, and SOL. If the market conditions allow, I might hold these positions for a while.
Anyway, that's not why I'm here. Since it's the new year, how would you approach the market to access liquidity? Would you go for prop firms, trading competitions, vouchers, or strictly focus on building your capital to a decent amount?
building capital is the way for me, don't wanna depend on those completely random event like trading competition, one whale can just get in and sideline everyone else so the odd for average people with average capital to win is kinda small, i'd say maybe non existent.
Last year, I tried building up from a $200 capital. I managed to grow it to $2,000 in about five months trading SMC with specific alts. But I must admit, the discipline required was top-notch. Not sure if I could pull that off again! 😅 I might explore prop firms or competitions this time around. What about you?
can vouch for this one, I also managed to grow $100 to $900 within just two months as a self challenge and the discipline it took to reach there is massive.
it's almost like self torture
limiting ourselves from overtrade, managing risk, and only going big when price already dipped so much, yeah it was hell, but the gain was massive aswell.