Quote from: mirakal on Today at 02:03:52 PM

Quote from: Phoenixtrader on January 09, 2025, 02:13:03 PM

Hey guys, we’re all looking for ways to make trading easier, right? Whether it’s spotting setups more efficiently, venturing into bot trading, or getting news faster. For example, today I got a pop-up notification about the US DOJ approving the sale of 69,000 BTC. This prompted me to short the market because it’s bearish news, and I ended up making 2X from the position using 100x leverage. Yes, risky—I know.

Buying at $60,000 and trading at $69,000, well, is not a huge profit, but at least we have earned some. Could this be a good idea? Not for greedy traders, but for me, this is indeed enough rather than losing an opportunity. Honestly, I have experienced before where I ignored the notif and just let it pass. But I'm regretting it because the price never recovered back to what I thought.

In this volatile market, one way to earn from trading is to sell high as much as possible and never hold long with your coins. Avoid being too greedy, or else this will be a reason for missing a great opportunity.

Profit is profit and this is should be having that main priority into your mind on now matter how small it is as long it do shows green then it will really be that counted. Therefore, you should really be that knowing on what are your priorities and on what are the things that you will be that trying out to achieve. When it comes to trading then we do really know that on the moment that you will be having that tons of adjustments because on the moment or time that you had that become that too hasty with your decisions or simply being careless then it might be understandable if you are new but if you are already that old and having no learnings and adjustments into your trading then there's something wrong with you.

After all the hours that you've been dealing up with trading then it will really be that impossible that you cant be able to distinguish on which are the things that be wrong or something not ideal on doing so. Experience will really be the key because lack of experience will be leading out to mistakes and errors but as you do go ahead then you will be that eventually learn up all things along the way. Just dont make yourself on a rushed way on dealing up with things because this will really be that having that very huge problem and might ending up for you to have that huge problem and ending up on surrendering or stopping your trading career just because you cant be able to sustain or survive up.