[2023-03-07] [BYBIT:LTCUSDT] [LONG]
Practice good risk management!
Anything can happen.
In order to make money, it is not necessary to know what will happen in the next moment in time.
For any given set of variables that define competitive advantage, there is a random distribution of failures and successes.
Competitive advantage is nothing more than an expression of a higher probability of the course of events developing in a certain way.
Every moment of the market is unique in its own way.
You alone are responsible for your trading – both gains and losses.
Good luck and happy trading!
Anything can happen.
In order to make money, it is not necessary to know what will happen in the next moment in time.
For any given set of variables that define competitive advantage, there is a random distribution of failures and successes.
Competitive advantage is nothing more than an expression of a higher probability of the course of events developing in a certain way.
Every moment of the market is unique in its own way.
You alone are responsible for your trading – both gains and losses.
Good luck and happy trading!
Trade active:
I have opened a small position already, entry is $85.70.
Comment:
Change SL to 84.4. Small loss if price dumps. Looking good for now.
Trade closed: stop reached:
Moving the SL was a bad idea. Kicked me out of the trade and moved up again. I hope some of you are still in.
Will do better next time. I've said it before and I'll say it again: STICK TO THE PLAN!
Will do better next time. I've said it before and I'll say it again: STICK TO THE PLAN!
Comment:
The original idea is still valid.