HEAD AND SHOULDERS THE GRAPH.. Folks,
Morning as I have taken a little break to gain up my mental analysis again and preparing myself to make crazy money out of the markets coming time.. here we are back at it again.
The graph is a position I have.. My strategy for the coming time is to swingtrade and to invest in crypto..
Well swing trade means to me that to buy when the market is pulling back and giving us opportunities to buy in with discount..
I have this strong believe in the future of crypto and bitcoin.. So I am going to start trading more in btc pairs.. While there are very beautiful opportunities available.
I will post them later..
And my investment in crypto will be to put a side a vast amount of money in BTC/ETH every month.. so in other words DCA.. that will be a % of my profit and liquidity I deposit every month..
Well to come back at the Graph..
We see a head and shoulders pattern.. biggest lesson I have learned is to really wait for a confirmation of the pattern..
Because I have been trading out of fear in the past I started to sell my assets when I saw a head and shoulders (not confirmed 1) and then the market did go back up..
FEAR my friends is what stopping you and me of making money out of the markets..
It really depends on what type of trader you are??
I have chosen to become a swing trader and to invest in crypto. This gives me clarity and will not disturb on the really short term.. I look for the mid term and the long term.
SO for me it's fine to see my portfolio shrink and get smaller at short term but at the long run I want it to grow..
What is your strategy? And what assets are you interested in ?
