mikebeijlo
Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from mikebeijlo, Financial Consultant, .
Traders worry so much looking for a 100% win system.
But forget they need just a 35% win with a 1:3 RRR to be golden in 3-5 years.
Predefine your risks, cut losses and systematically take profits.
Leverage doesn't matter. If you trade edgelessly you'll lose no matter if you're using 2x or 100x. You will get away with the earlier for longer. Then when tail risk hits you you'll be wiped in one go probably. Edge is most important, assuming you manage risk to insure survival.
If you're in a position for too long you will miss many good opportunities. Is that position worth it's cost?
You only lose when you sell😂
People complaining about missing the boat at 65k are probably too scared to buy at 35k.
Trading 1.0
As Salsa calls it - The Plateau Downfall.
You will repeat the same trading mistake until you learn how to master your emotions.
Too many traders misinterpret "be patient" as "do nothing".
Meh, I didn't short the rip. Only bought 42k and sold 43k, roughly.
I don't think the short side is good rn, long side is just less worse. Spot and wait to fish opportunity.
$BTC
Market exciting early western
Then I make money
Then I go outside because I know that pattern of profit cushion trading in marginal opportunity land
pce.
$BTC
We are at this stage of the cycle.
(In case there was any confusion)
$BTC