pbmalla77

Making better decisions

Education
BITTREX:DOGEUSD   Dogecoin

The primary goal is to identify the theme of the market and consider how best to solve it.

My decision making is based on two basic principles. Marco/micro or inside/outside view

Macro/Outside view
1. Barometer: Bitcoin as the main indicator
2. Collective wisdom: The crowd
3. Cot data: Institution and hedge funds

Micro/Inside view
1. Technical : Chart Patterns and other technical that resonates with your decision making
2. Edge: Advantage with higher probability
3. Money management: How much to risk, stops adjustment, trailing stops, targets, cutting off position etc
4. Knowing yourself: Understanding your strength and weakness

This is the checklist i follow to make decision.





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