When you understand the trend and trade the trend, the market will be your friend..



Trading against the trend was one of the big mistakes I made this week.

I have a running buy position on #BTC on my main account.

When I thought from my chart that a new high has been created and needs to give us a new low before next move up, I decided to take a short time sell on BTC on my small account.. Boom, SL was triggered in less than 10 minutes.. While my actual buy position was still running in profit.

Make the trend, your friend, the market will be your friend.. Counter trading is usually a low probability trading.
BTC-1,86%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)