The market is moving very fast, and $AIA is a perfect example here... I was too greedy and I did not book profits from 1.200 to 1.450$....
The charts is clearly bearish RN, and it looks like a strong bearish accumulation judging by the structure under key previous support! 🔴📉 I closed this one is losses while I could have taken huge gains. That's it... Given this high volatility, I am adapting my strategy in order to realize my profits much more quickly, at a maximum of 3 to 5%. I will resume SWING/long-term trading when market psychology returns to normal levels! And trust me, this is way less stressful and more profitable if you have a good strategy and risk management. Again,this is not a financial adcive, we cant win them all, but at least if you still followed the previous move, just be cautious with such a bad chart! Money is flowing from some #alts to others one. The #crypto market volatility is unreal nowodays and it's very hard to remain profitable over time (leverage). [Total ALT MCAP is almost at ATH!] Accepting losses is a part of the trader journey! I'm transparent with you, market is moving fast, and the chart is clear here! 📉 I'll try to update more often such importants moves on my pick. #aia #short #altcoin
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The market is moving very fast, and $AIA is a perfect example here... I was too greedy and I did not book profits from 1.200 to 1.450$....
The charts is clearly bearish RN, and it looks like a strong bearish accumulation judging by the structure under key previous support! 🔴📉
I closed this one is losses while I could have taken huge gains. That's it...
Given this high volatility, I am adapting my strategy in order to realize my profits much more quickly, at a maximum of 3 to 5%. I will resume SWING/long-term trading when market psychology returns to normal levels!
And trust me, this is way less stressful and more profitable if you have a good strategy and risk management.
Again,this is not a financial adcive, we cant win them all, but at least if you still followed the previous move, just be cautious with such a bad chart!
Money is flowing from some #alts to others one.
The #crypto market volatility is unreal nowodays and it's very hard to remain profitable over time (leverage). [Total ALT MCAP is almost at ATH!]
Accepting losses is a part of the trader journey!
I'm transparent with you, market is moving fast, and the chart is clear here! 📉
I'll try to update more often such importants moves on my pick.
#aia #short #altcoin