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$BTC Currently around 67,132 USDT ~
I'm more concerned about whether this position is really worth taking.
The most important thing to remember in such situations is not emotions, but my small discipline:
Use 15 minutes to determine the overall structure, 5 minutes for confirmation, and only give precise small levels in 1 minute.
If there is no 5-minute confirmation and a 1-minute break below, I don't trade.
If the price re-establishes above the key level on the 5-minute chart, or makes a new high on the 15-minute chart,
or breaks below and forms a higher low, all these are invalid signals.
Set your stop-loss first, then think about the direction.
For small coins trading contracts, rhythm is always more important than emotions.
Focus levels:
Entry reference: 67,578 USDT
Initial target: 63,556 USDT
Stop-loss reference: 69,187 USDT
The most expensive thing in trading is never the stop-loss,
it's refusing to admit you're wrong.
Markets are there every day, small accounts can't afford to hold on stubbornly every day. Evening trading notes
BTC is now around 67,042 USDT ~
I'm more concerned about whether this position is really worth taking.
The most important thing to remember in such situations is not emotions, but my small discipline:
Use 15 minutes to determine the overall structure, 5 minutes for confirmation, and only give precise small levels in 1 minute.
If there is no 5-minute confirmation and a 1-minute break below, I don't trade.
If the price re-establishes above the key level on the 5-minute chart, or makes a new high on the 15-minute chart,
or breaks below and forms a higher low, all these are invalid signals.
Set your stop-loss first, then think about the direction.
For small coins trading contracts, rhythm is always more important than emotions.
Focus levels:
Entry reference: 67,578 USDT
Initial target: 63,556 USDT
Stop-loss reference: 69,187 USDT
The most expensive thing in trading is never the stop-loss,
it's refusing to admit you're wrong.
Markets are there every day, small accounts can't afford to hold on stubbornly every day.