Read on Twitter
I appreciate what Dog is saying here, but I want to point out that if you're actively trading right now this is exactly how you got fucked last time.
CT confidence of blowing past $20k failed on 3 occasions where people were supremely confident we blasted off.
(1/3) https://twitter.com/TheCryptoDog/status/1338090948153110532
CT confidence of blowing past $20k failed on 3 occasions where people were supremely confident we blasted off.
(1/3) https://twitter.com/TheCryptoDog/status/1338090948153110532
Now, HTF, wider picture, ABSOLUTELY AGREE with Dog.
But word of warning, the euphoria will begin again, Twitter will change your psychology.
You will find yourself on micro TFs overleveraging and using big position sizes because of your confidence that we break $20k.
(2/3)
But word of warning, the euphoria will begin again, Twitter will change your psychology.
You will find yourself on micro TFs overleveraging and using big position sizes because of your confidence that we break $20k.
(2/3)
Don't fall into the same trap as last time.
If you're betting on a $20k break, play HTF and play sensibly.
Do not use 5m charts to think you can position for a HTF set up. You'll not survive to see when the real fireworks begin.
(3/3)
If you're betting on a $20k break, play HTF and play sensibly.
Do not use 5m charts to think you can position for a HTF set up. You'll not survive to see when the real fireworks begin.
(3/3)
