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16233649 No.16233649 [Reply] [Original]

how do I avoid this faggotry?

>> No.16233668

>>16233649
Low leverage, proper position sizing

>> No.16233669

>>16233649
Don't margin trade, simple as that.

>> No.16233681

OP it's clear that you were born to be poor and should probably just accept that

>> No.16233682

>>16233649
If you could avoid that bullshit, there wouldn't be million dollar rekt shorts. Margin trading is literally designed to fuck you over.

>> No.16233683

take those swings into account when calculating your leverage.
aka. lowering your leverage

>> No.16233688

hodlers make bank, traders lose it all

>> No.16233698

>>16233649
Use wider stops, trade large timeframes, if necessary.
It's not a coincidence that people get stopped out all the time on small swings, because this market is dominated by daytraders, especially when the market is as boring as it is right now.

>> No.16233715

>>16233698
>>16233683
>>16233668
thanks

it doesn't happen that often but it's pretty fucking annoying when it does

>> No.16233763

I 'assembled' with tradingview a strategy to swing link based on volume (obv) on Binance with 3x margin (which is more than enough considering link's volatility. The swings against me can be quite big sometimes but still staying comfy and have never gotten liquidated.

very very small stack in case anyone is wondering. basically seeing if it is viable at the moment and it sure seems viable.

>> No.16233768

i meant 3x leverage of course

>> No.16233790

>>16233649
dont use stop losses
long 3x

>> No.16233832
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16233832

>>16233649
there are literally whales out there who do these micro-dumps/pumps just to fuck around with people who trade with high leverage
>be rich
>wake up
>market buy 100 btc
>market sell them soon afterwards
>lose nothing
>visualize all the people who got BTFO
>face shines with happiness for the rest of your day

>> No.16233903

>>16233649
>what is liquidation hunters
More money to be made in the market trading even in the bear market in my opinion

>> No.16233931

>>16233649
Seems obvious to me that the trend changed. Look at the candles, look at how they're traveling. I'd close my short well before that spike and re-enter before the drop, it's kinda clear that it's a fake pump.

>> No.16233969

>>16233649
Set your stop higher.

>> No.16233985
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16233985

>>16233715
i got rekt oct 24. it was 5% of my total stack not going back for a while. if i do max 3x probably. i got rekt on 10x deviating from my normal strategy because that was such a wild day

>> No.16234179
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16234179

>>16233649
Jesus fucking christ there's already a general for this.
>>16233186

>>16233668
>>16233669
>>16233683
>>16233698
OP These people are retarded

>>16233763
this guy's on to something

>>16233649
Your problem is you don't fucking calculate for entry. You're just betting with the trend, which works for some traders but usually not margin traders. Whales stop hunt regularly to liquidate people. HOW DO THEY FUCKING DO IT? Well I'm glad I asked, they do it using technical analysis to find buyer's supports and seller's resistances. (Disclaimer: whales can fail at TA and then you get other crazy bullshit, but thats a more advanced lesson)

The way you avoid to start is to draw clear trend lines from the higher time frames and identify a support and resistance there you can respect for the majority of the HTF's move.
Then on low timeframes for the current move you are trading identify the swing lows and swing highs and whether you are in a compression range.

You don't know shit about volatility theory so you're not gonna be able to identify a compression range. Read Volatility illuminated by Mark Whistler.

What you can do though is make an entry when you see price match with a local wick
pic related is an example. Ignore the ma's those are my bollingers working. You're not always gonna have MAs saving your ass, so learn to track stop hunts using wicks.

>> No.16234199

next time post in the fucking general

>> No.16234228

>>16234179
are you that dadshark guy or one of his students?

>> No.16234311

>>16233649
Sell small bits if breaks up
Buy small bits if returns to trend and breaks down

>> No.16234315

>>16234228
That's dadshark, he's a solid dude and his indicators are cheap. I don't pay for a subscription (top notch indies though) but you can sponge a lot of knowledge off his youtube channel.

So neither a student or dadshark, but I absorbed a lot of wisdom hanging around their discord. I use a mix of VT and traditional indicators supplemented into a strategy that is primarily MA confluence.

>> No.16234511

MARKET BUY / SELL STOPLIMIT U IDIOT
AS SOON YOU HIT PROFIT YOU PUT IT ON BREAKEVEN AND LET IT RIDE OUT