Bake is looking better now
Let s see what moves it decides to take
Easy to tell the EMA favors the bulls now- very close to a possible trend reversal
We shall see...
time will tell as always
if you need any targets with any coins let me know
i am here for you
24-7 for free and friendly answers !
about this coin :
BAKE token is the native BEP-20 governance token of the platform. Users can earn BAKE tokens by providing liquidity on BakerySwap. BAKE holders can use their tokens for governance voting as well as for receiving transaction fee dividends.
more ideas on trading and discipline
Trading and hodl-ing is a game of probability
We must be aware of the whales games and the weak hands
This swing trades are the most efficient ways to multiply your money
As the term , active investors, you are willing to profit from the market moves, to compound your profits and make your dream come true ,with +100x possible gains in the upcoming bull market- altcoin season
there is a book i recommend : The 5 Secrets To Highly Profitable Swing Trading Paperback
There are two major ways to consistently make money in the market:
1) Hunt for several huge winners in a year. Build large positions in them and ride them for monstrous gains.
2) Hunt for hundreds of 5% to 30% short-term winners, where the goal is to compound capital quickly by actively moving in and out of them.
There is not right or wrong approach here. Both have place in the arsenal of each active market participant.
Everything comes at a price. If you want to catch a 200% to 300% long-term winner, you have to be willing to sit through multiple consolidations and several bigger than 30% pullbacks. Not everyone has the stomach to ride big stock market gainers, but maybe you don’t have to.
If you sell all your winners, when they are up 20%, you will never catch a double or a triple. Fact.
What is also true is that in any given year, there are a lot more 20% moves than 100% moves. If you learn how to catch hundreds of quick 5% to 20% moves, your capital could appreciate very quickly while you keep you keep the drawdown in your account to a minimum.
Swing trading is among the fastest way to grow capital if you learn how to properly apply its principles. Swing trading is all about velocity and opportunity cost of capital. The goal is to stay in stocks that are moving quickly in our favor and avoid “dead money” periods.
Stocks move in 5% to 30% momentum bursts that last between 2 and 10 days, before they mean-revert or go into sideways consolidation. The goal of every swing trader is to capture a portion of a short-term momentum burst, while avoiding consolidation periods. Then to repeat the same process hundreds of times in the year by risking between 0.5% and 1% of capital per idea.
The beauty of swing trading is that it provides many signals. You don’t need to risk a lot per signal. You won’t second-guess yourself whether to take a signal or not. One trade is not going to make your year or your month, but it also won’t ruin it. It relies on the magic of compounding. The idea is to grow capital quickly by being leveraged to the hill during favorable periods and being mostly in cash during unfavorable periods.
I know that if you apply the principles I describe in this book, you will become more knowledgeable, more profitable and happier market participant.
Let s see what moves it decides to take
Easy to tell the EMA favors the bulls now- very close to a possible trend reversal
We shall see...
time will tell as always
if you need any targets with any coins let me know
i am here for you
24-7 for free and friendly answers !
about this coin :
BAKE token is the native BEP-20 governance token of the platform. Users can earn BAKE tokens by providing liquidity on BakerySwap. BAKE holders can use their tokens for governance voting as well as for receiving transaction fee dividends.
more ideas on trading and discipline
Trading and hodl-ing is a game of probability
We must be aware of the whales games and the weak hands
This swing trades are the most efficient ways to multiply your money
As the term , active investors, you are willing to profit from the market moves, to compound your profits and make your dream come true ,with +100x possible gains in the upcoming bull market- altcoin season
there is a book i recommend : The 5 Secrets To Highly Profitable Swing Trading Paperback
There are two major ways to consistently make money in the market:
1) Hunt for several huge winners in a year. Build large positions in them and ride them for monstrous gains.
2) Hunt for hundreds of 5% to 30% short-term winners, where the goal is to compound capital quickly by actively moving in and out of them.
There is not right or wrong approach here. Both have place in the arsenal of each active market participant.
Everything comes at a price. If you want to catch a 200% to 300% long-term winner, you have to be willing to sit through multiple consolidations and several bigger than 30% pullbacks. Not everyone has the stomach to ride big stock market gainers, but maybe you don’t have to.
If you sell all your winners, when they are up 20%, you will never catch a double or a triple. Fact.
What is also true is that in any given year, there are a lot more 20% moves than 100% moves. If you learn how to catch hundreds of quick 5% to 20% moves, your capital could appreciate very quickly while you keep you keep the drawdown in your account to a minimum.
Swing trading is among the fastest way to grow capital if you learn how to properly apply its principles. Swing trading is all about velocity and opportunity cost of capital. The goal is to stay in stocks that are moving quickly in our favor and avoid “dead money” periods.
Stocks move in 5% to 30% momentum bursts that last between 2 and 10 days, before they mean-revert or go into sideways consolidation. The goal of every swing trader is to capture a portion of a short-term momentum burst, while avoiding consolidation periods. Then to repeat the same process hundreds of times in the year by risking between 0.5% and 1% of capital per idea.
The beauty of swing trading is that it provides many signals. You don’t need to risk a lot per signal. You won’t second-guess yourself whether to take a signal or not. One trade is not going to make your year or your month, but it also won’t ruin it. It relies on the magic of compounding. The idea is to grow capital quickly by being leveraged to the hill during favorable periods and being mostly in cash during unfavorable periods.
I know that if you apply the principles I describe in this book, you will become more knowledgeable, more profitable and happier market participant.
Trade closed: target reached