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/biz/ - Business & Finance

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56746780 No.56746780 [Reply] [Original]

I am successful in 8% of my trades. My losses comprise 5 times of that of my wins. And I rarely chase the market or FOMO.
I am ngmi

>> No.56746820
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56746820

>>56746780
Phenomenal. The inverse of your actions would make a fantastic indicator. Where can I find a list of your failures?

>> No.56746834

Literally lol just do what ever you would do and then but 10x on the opposite side of the trade

>> No.56746879

>>56746834
I have thought about it. But I may lose my train of thought or even worse, knowing this I will reverse psych myself back to failing.

>> No.56747071

>>56746780
Stop guessing. Admit you dont know shit. Have a system and risk management. The latter being key. Otherwise enjoy perpetually bleeding

>> No.56747182

>>56747071
I do have a system and even a loss management excel to avoid shakeouts from BTC and coin movements. I look for supports and resistances with corresponding volumes and price action (sometimes pattetns if they make sense). I also use MACD but it is unreliable in this market as divergences just dont reflect on further price movements. Also BTC is shitting the bed.
It should have been better if I guesses lol