How I Almost Lost 10k USD

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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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If it comes close enough, I’m taking the profits and moving on to the next play without the anxiety. Too many times I thought it was coming back and it never came back, lol.

Christopher
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dam your psychology is on point for you to let that run. props👏

greatestever
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Zero props for letting it run and holding onto the winner!
Your trade was almost at take profits within a few hours, yet you got stuck in the trade for like 2 days filled with anxiety.
You should educate people on what not to do

ernestoguevara
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Only a trader can understand that anxiety 😅

Karyabs
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You’re one of the only traders I enjoy to watch

thecodyexperience
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I set my target price to 2x of my stop loss. When I reach half of the target price, I set a stop loss to 25% of my target. Once the positive stop loss is set, I honestly don't look at it anymore. I'd rather have the majority of my time thinking about crypto thinking about "okay no matter what I made money, but maybe I made some extra" rather than the inverse of mentally realizing unrealized gains.

sksuppressor
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Better off to TP at the point of exhaustion after the major move down and fade the trend with a tight SL for the retracement.

Sean-fjpn
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sometimes i take profits before it hits TP. most times it saves me from getting wrecked because there's too much support or resistance

markwilson
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Hell of a time to be swing trading crude. Nice timing tori

anyfoolcanknow
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You got lucky it didn't completely reverse. Your risk is way off for you to go on a rollercoaster ride like that.

ronniepratt
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when bearish candles make nose dive on charts, and 100, 200 moving average is horizonal, and distence between 100/200 ma & recent candle is almost 90 degrees.. time to book profit.
time frame also importent, resistence & support depend on various time frames moving averages.
Importent moving averages are:20/50/100/200 & need another adjustable moving average (4 to 15) which can be adjusted acording time frame candles support.
analyse in all time frame,
mark aupport & resistence in each time frame
take position on shortest time frame with minimum stoploss below adjustable moving average(4-15)

pratikdas
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Nah that anxiety isn’t worth it for me lol. But you did it you go girl!

mills
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Sometimes it’s best to take profit if it’s gets that close to your take profit. What you gonna loose? You’ve only gained.

facultyoftheuniverse
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Do you back check the trade to see why it bounced where it did?

MarkB
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You could have just made it a risk free trade by adjusting you SL

movienuggetofficial
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this only means that the size was wrong (too much)

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Just a word of advice anytime you see liquidity swept like that twice once after another it usually dips down after the third time it's a market maker model tricking buyers into thinking its a price continuation followed by an impulsive move downward to clear the buyers orders (liquidity)

salemkid_
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she's over trading and will end up blowing up her acct

Elliott_Wave
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You don’t do more than 1 take profit zones?

nammon
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Why are some people trading downwards and others upwards?

tobigirndt