One wave of market, one line. Many people can’t see clearly and can’t figure it out because they don’t understand the time cycle they want to trade in right now.



What we trade is only the chart in this moment. My entries are always 588-584 or 590. My stop loss is set slightly below the new low. My take profit is 60k and 61,800.

What does 70k have to do with me?

Remember: one wave of market, one line. At the very least, wait until you’ve hit your first take profit, then expand to a higher level, expand the chart…
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TraderCouple
· 14h ago
Trading futures, setting a target of 70k in one go is unwise!
Buying spot, expecting only 70k shows too narrow a vision. When the next bull run starts, it's not excessive to aim for 100k. As for 150k or even 200k? Just go to sleep.
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Orange-FlavoredColdWallet
· 15h ago
Indeed, many people die because of greed—wanting to become fat in one bite. First, hold on to this part/segment that you can understand.
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PanicSellPaul
· 15h ago
What does 70k have to do with you hahahaha, that sentence is too heartbreaking.
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GateUser-f4fbd803
· 15h ago
Well said. Wanting to look at the larger timeframe before the first take profit is reached is like wanting to build a building without laying the foundation; it's normal for it to collapse.
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EveningBreezeBorrower
· 16h ago
Confusing time cycles is a common weakness of retail investors, turning short-term positions into medium-term ones, enduring medium-term into long-term, and finally becoming shareholders.
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