I am not a financial expert, but with over 5 years of experience in the market, I have advice for newcomers. Now that the income is quite stable, I will share the knowledge I find to be correct.
First: the essence of the market is the buyers and sellers, so don't draw trend lines for no reason.
Second: find support and resistance and determine which areas are strong (essentially, strong support and resistance areas are those where others place limit orders, so when the price reaches those levels, new orders will be executed).
Third: reading candles is very important (see how the candles react to support and resistance areas).
Fourth: do not stand in front of the train (going against the trend), this is the main factor that leads to account burnout.
Fifth: discipline is extremely important (do not enter orders recklessly, only enter orders according to a method and at truly good entry points). Patience is key; consider the risks of that order.
In addition, every day I share an order that I feel is a good entry point with the highest probability of winning on my personal page, you can refer to it. If you have any questions or want to ask, just message me, let's "learn first" and "make money later".
One order per day, I will leave the order with TP or SL in the comment section
Entry long 89635 (R:R ratio 2.5:1) -TP around 91400 or if you see the engufing candle close strongly down, close the order -SL when the m15 candle closes below 88928 (when the candle has closed)
Reason for entering the order: The price in the h1 frame has broken through the resistance zone of 89k7 (pulling out many times) and the strong uptrend supported it before.
*Note: These are my personal opinions based on 5 years of knowledge in the investment market, for reference only.
**It is especially important to manage capital so that each order has an equal stop loss amount.
If you find this article interesting and helpful, please give me a like and share it to reach others. Have a nice day.
Newcomers to the market should spend 5 minutes on this article
I am not a financial expert but I hope that with my experience over the past 5 years I can share some of it with newcomers. Article 1: The nature of the market is that money flows from "one person's pocket" to "another person's pocket". So are you sure you can beat those who have knowledge and experience? You may be making a profit, but is that profit within your calculations, or is it just luck? According to statistics, more than 90% of market participants lose money. Do you think you UNDERSTAND THE MARKET enough to be in the remaining 10%?
One order per day, I will leave the order with TP or SL in the comment section
Entry long 89075 (R:R ratio 1.5:1) -TP 91529 or if you see the engufing candle close strongly down, close the order -SL when the m15 candle closes below 87444 (when the candle has closed)
Reason for entering the order: Currently, there is a sideway trend, so scalp on the m15 frame, plus the supporting factor is that when meeting support at 88k, there is a bounce and the selling force has also decreased.
*Note: These are my personal opinions based on 5 years of knowledge in the investment market, for reference only.
**It is especially important to manage capital so that each order has an equal stop loss amount.
If you find this article interesting and helpful, please give me a like and share it to reach others. Have a nice day.
One order per day, I will leave the order with TP or SL in the comment section
Entry long 90154 (R:R ratio 2:1) -TP 92482 or if you see the engufing candle close strongly down, close the order -SL when the m15 candle closes below 89010 (when the candle has closed)
Reason for entering the order: Currently, there are many wick-draining candles in the 89k5-90k area, but the buyers are still strong and very stable in this support zone. Along with the main trend being an uptrend, the price will turn up to retest the peak after testing the support zone below and gaining liquidity.
*Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only. **It is especially important to manage capital so that each order has an equal stop loss amount.
If you find this article interesting and helpful, please give me a like and share it to reach others. Wish you a good day.
One order per day, I will leave Tp or Sl in the comment section Entry long 92122 volume 1/2 (R:R ratio 2:1) Tp 93340 or leave Tp further if you see the engufing candle close strongly down, then close Tp Sl when the m15 candle closes below 91514 (when the candle has closed)
Reason for entering the order: the main trend is an uptrend, the price will turn up to retest the top to check if the selling force is still strong or not. If there is a strong closing force down, it will return to the 89k5-90k5 zone to test the support zone, at that time, the order will have a higher winning rate.
*Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only. **It is especially important to manage your capital so that each order has the same stop loss amount.
Even though the market is sideways, how did I make a profit?
The 90k resistance zone is quite strong, with continuous candles with wicks and strong pushes down. But currently the previous bullish wave is quite strong, so the 86k support zone is pushing up with great force.
So how do you make a profit when the market is sideways? Your job is to be patient, wait for the price to touch the resistance or support zone, wait for the candle to close and read the candle.
1. If it is a candle with wicks and strong force, place an order with 1/2 volume (save the remaining 1/2 volume for DCA if the price goes down a beat before increasing).
2. In case the price breaks through the strong resistance zone and closes a confirmation candle, place an order with 1/2 volume following the current trend (keep 1/2 volume to wait for DCA when the price returns to retest).
!! Note that patience and discipline are "extremely important" to have a good entry point to avoid risks instead of losing money if you enter orders randomly. Remember to manage the capital of each order you enter so that the SL amount of each order is equal.
In addition, on my personal page, I will share some orders that I find safe and the entry point brings low risk, you can follow me and refer to them. Wish everyone a happy and lucky evening 🍀🍀 #BTC☀ #Bitcoin❗ #bitcoin☀️ #futuresignal $BTC
Daily topic, I will put the Take Profit (Tp) or Stop Loss (Sl) in the comments below Date 11/11/2024: Entry long 80990 (Risk:Reward ratio 3:1) Tp 83000 or 81914 if you see a strong closing engulfing candle downwards Sl when the M15 candle closes below 80318 (when the candle has closed *Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only. **It is especially important to manage capital so that each order has the same amount for stop loss. #BTC80K #BTC☀️ #bitcoin☀️ #FutureTradding
Daily topic one order, Tp or Sl I will put in the comments Date 10/11/2024: Entry long 79486 (R:R ratio 3:1) Tp 80533 or 80250 if you see a strong closing engufing candle down Sl when the m15 candle closes below 79148 (after the candle has closed) *Note: these are my personal views based on 5 years of knowledge in the investment market, for reference only. **It is especially important to manage capital so that each order has the same stop-loss amount. #BTC80K #BTC☀️ #bitcoin☀️ #FutureTradding
Daily trade category, I will leave the take profit or stop loss in the comments section. Date 11/9/2024: Short entry 76567 (Risk:Reward ratio 3:1) Take profit 75757 or 75900 if you see the engulfing candle closing strongly above. Stop loss when the 15-minute candle closes above 76837 (when the candle has closed). *Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only. **It is especially important to manage capital so that each trade has the same stop loss amount. #BTC☀️ #bitcoin #FutureTradding $BTC
Daily trading ideas, TP or SL will be provided in the comments Date 8/11/2024: Entry long 75885 (R:R ratio 2:1) TP 76829 or 76700 if a strong engulfing candle closes down SL when the M15 candle closes below 75433 (after the candle has closed) *Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only. **It is particularly important to manage capital so that each trade has the same stop-loss amount. #BTC☀️ #bitcoin☀️ #FutureTradding
Daily trading section, Tp or Sl will be noted in the comments Date 7/11/2024: Entry short 74803 Tp 73595 Sl when the m15 candle closes above 75303 (after the candle has closed) If the price rises to 75087, a DCA can be considered *Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only. **It is particularly important to manage capital so that each trade has the same stop-loss amount.
One order per day, Tp or Sl I will leave in the comment section 11/6/2024: Entry 73892 Tp 75316 Sl when the m15 candle closes below 73495 (when the candle has closed) *Note: these are my personal opinions based on 5 years of knowledge in the investment market, for reference only. **It is especially important to manage capital so that each order has an equal stop loss amount. #btc #futuresignal