I am talking about the candle from 67.5k to 70.4k in 1 minute. Curious about what caused that carnage? I couldn't find any major news
I want to trade BTC/USDT (or BTC/USDC) while in Canada with leverage. The options are incredibly restricted.
I am unsure if Coinbase Pro would work; does it?
What are my other options?
Title
Title. I recently started using it, but dont know how people usually use it
Title. Setting a hard stop loss at the time of entering the trade is pretty difficult because my strategy can cause the price to go against me for a short while and then hit my TP (thus I just set my SL right around my liquidation price).
I also have a major fear of taking small wins because I fear one loss can wipe out lots of my profits
Basically, it's a lot of fear in me. And I am also investing money which I can afford to lose, so it's not a life-turning amount I am trading
Edit: losers* in title
My basic question is that: is there a minimum gpa one should maintain in 2nd, 3rd, 4th year engineering in order to avoid being thrown out of the university (exactly same scenario as getting below 1.65 GPA in 1st year engineering)?
I am a complete newbie to price action strategy. I would be greatful if someone could their their price action strategy and how they use them, or list a YouTube video which they found to be really helpful
Thanks a lot!
Today seemed too volatile, and this is only my 2nd FOMC day since I started trading. I am a momentum trader and lost both the trades I took today (one in S&P500 and the other in BTC). Is is generally better to avoid trading (on 1H+ timeframe, as I do) on FOMC days?
My strategy works ok usually. I broke rules, and also when I followed the rules it was a false entry.
How does mentally recover from this? Also, I really want to make back my losses (but won't break rules), but I also think I should size down. What do you recommend? I wont be able to breakeven from the losses soon if I size down
Also, has the market itself been pretty bad for the past 3-5 days for trading?
Title. How does someone know, when momentum trading, that the momentum is now over? I struggle with right exits
What are the best markets/commodities for momentum trading (futures) except btcusdt, s&p500, and nasdaq?
I am asking more specially to people who have done/still do momentum trading, but opinions from others are obviously welcome!
I trade on 2H timeframe. This means my set up arrives every 2-3 days, meaning I get a lot of free time if I hit TP or SL within a few hours of my entry.
I get pretty bored in this time (I dont have another job) and try to force entries, some times to even recover my previous loss. But this isn't mostly a revenge trading issue, rather it is a boredom trading and forcing-trades issue
What do you think could help me in this case?
I trade BTCUSDT on 2H timeframe. When a trade goes my way for 2-3 candles (on 2H), too afraid that the trade might reverse an I might end up in a loss... thus I move my SL to breakeven. But the 2H timeframe has big wicks, and I just get stopped out at breakeven by a wick and then the move continues.
Entering the trade after getting stopped out is risky as it places my entry point much closer to the trade momentum end, thus increasing my probability of getting a loss in the 2nd entry.
Context: I momentum trade longs and shorts, and keep moving my TP towards higher profits (eg. in the case of longs, I would move my TP higher) when the price moves in my direction.
What suggestion do you have for me to fix this?
Hey!
I am an international student myself. Going into 2nd year this year in fall. When I joined the UofA last year, we had a big group of incoming students and we also had 1-2 seniors to help us and make early friends. That really paid off well! We are all now friends even though we were quite unknown to each other before the group was formed
So, if you do want to connect with me and perhaps even be friends, do send me a dm without a second thought. We could connect together with other students joining the university this year.
A bit about me: I lived in Lister last year (so I can guide you regarding moving in and stuff too, if needed). I am a friendly person and love outdoors. I will be happy to guide you guys about the process of getting your Alberta health cards and Alberta ID too, if needed
If you wanna know something more before talking over message, you can ask me in the comments!
See yah!
Title. I am asking this coz my indicator has been wrong more than it's average rate since the past maybe 9-12 hours
Hey!
I am an international student myself. Going into 2nd year engineering this year in fall. When I joined the UofA last year, we had a big group of incoming students and we also had 1-2 seniors to help us and make early friends. That really paid off well! We are all now friends even though we were quite unknown to each other before the group was formed
So, if you do want to connect with me and perhaps even be friends, do send me a dm without a second thought. We could connect together with other students joining the university this year.
A bit about me: I lived in Lister last year (so I can guide you regarding moving in and stuff too, if needed). I am a friendly person and love outdoors. I will be happy to guide you guys about the process of getting your Alberta health cards and Alberta ID too, if needed
If you wanna know something more before talking over message, you can ask me in the comments!
See yah!
Does anyone know why that happened? I checked the news and there wasnt any major political reason.