Think about a trading situation where you find yourself in a losing position without a stop loss.
You have the option to take a certain loss or just continue to see what happens.
Exiting the trade could help you minimize your loss, but why do you delay to make a move?
Psychologists explained that we favor to believe that actions can do more harm than...
The last weeks it happend again, I saw some traders with less knowledge (young and old) who crashed their accounts very hard. They lost a lot of money and for some it was very dreadful!
It is hard to watch this people how they burn money and bring even his own family in financial danger. That´s why I decided to share one important chapter from my book here to...
I'm not sure if you were around when ETH made a double top around $400 but I do remember it like it was yesterday.
At that point, a friend bought it nearly at the second double top price. Just a few dollars below that.
He did not listen and as a novice "crypto investor" he wanted to be smarter then experienced ones and even than the market itself.
Traders that...
Price just made its way into a previous monthly resistance that could hold as support for a little longer. We definitely had some buyers waiting there in the previous months showing the strength of this level. (ORANGE LINE)
1.12150 is our support which has been holding back that bearish momentum. There's also a break of structure on 4h at this level. Reinforcing...
