Still a novice, but my life has been so much better since I stopped using the 5m-3h time frame. Yeah, 5min....
Lessons well learned the hard way. No one I know trades and I work in a polar opposite environment where no one really cares to learn. So I have been teaching myself and have been profitable on some nice trades lately.
Here is what I have been going on adding Supports and Resistances as I go. Hell, I didn't even understand divergance til 2 weeks ago, but when I got it helped me catch the 9400-12300 run we just had over the past week. Cashed out at 11850 and at first was like "dammmnnnn left money on the table," but looked at my P&L and not only did I got from Negative, I'm up a solid 6% on the YTD. I know thats not a lot in Crypto land, but its a lot to me! Dare I say a trend change....
Best of Luck To ALL!
BSB
Lessons well learned the hard way. No one I know trades and I work in a polar opposite environment where no one really cares to learn. So I have been teaching myself and have been profitable on some nice trades lately.
Here is what I have been going on adding Supports and Resistances as I go. Hell, I didn't even understand divergance til 2 weeks ago, but when I got it helped me catch the 9400-12300 run we just had over the past week. Cashed out at 11850 and at first was like "dammmnnnn left money on the table," but looked at my P&L and not only did I got from Negative, I'm up a solid 6% on the YTD. I know thats not a lot in Crypto land, but its a lot to me! Dare I say a trend change....
Best of Luck To ALL!
BSB