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/biz/ - Business & Finance

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30004940 No.30004940 [Reply] [Original]

How to stop selling/buying literal bottoms/tops down to 1 minute chart?
I can't ever even move SL to breakeven, I have a 100% chance that when I buy/sell something it becomes the top/bottom on every timeframe from 1 minute to whatever long it takes me to close the position.

>> No.30005088

Zoom. Out.

>> No.30005527

>>30005088
This has been happening on every timeframe I try to trade and exactly why I've been trying lower timeframes as of recently. what's the point of setting a SL with 1D in consideration when the moment I enter the price reverses and never ever comes back to my entry?

This has been happening since last month and feels genuinely cursed.
I've multiplied my money many times over 3 years of trading but my recent results have been so bad it's really breaking me.

At this point I'm pretty sure I could single handedly terminate the golden bull by attempting to long bitcorn on leverage.

>> No.30005694

>>30004940
You buy. Then you wait. Once it reaches its ath you sell. It goes down and you think it’s gonna go up you buy again. Also when you buy use stop loss and stop limit. If it’s not a shitcoin it will always reach a new ath eventually. Simple as

>> No.30005922

>>30005527
>stop loss
ngmi
buy when you feel like selling and/or when retail (biz, twitter, plebbit) is trending bearish
sell when you feel like buying and/or when retail is bullish

>> No.30006198

>>30004940
Sell only on green bar and buy only on red bar it's that simple

>> No.30006444

>>30006198
Doing that does not stop the price from maintaining it's trend and never revisiting my entry.

>>30005922
>>stop loss
I'd probably have a ton more money if I didn't use it but I refuse not to. It's such a basic rule of trading to actually use it and avoid raping whole portfolio because of a black swan or simply bagholding a bad entry.