How to
Trade So Easy
You Forget You’re not a pro
Executing a Trade
Trading requires a plan. Planning requires knowledge. Knowledge requires learning. Learning requires time. These are the parameters needed to execute a trade, from start to finish. If you cannot answer these questions, you don’t know what you’re doing and will probably have a loss.
- What is your goal? (acquire BTC, earn USD, etc.)
- What signals are telling you to enter a trade?
- How far do you expect price to move?
- In what timeframe do you expect the price to move?
- Where is your entry price?
- What is your stop loss?
- What is your hedging strategy?
- Where do you take profit?
If this sounds complicated, that’s because it is. Buying crypto because the price looks low, without a precise entry plan, is investing – not trading. Don’t confuse investing with trading. While you can learn to trade, it takes time. If you don’t have the time to dedicate to learning – copy the experts and trade so easy you will forget you’re not a pro!
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