3x lucky 7s of trading

This is a very simple Bitcoin 3 day analysis.
1) Price = SMA20 indicator
2) Volume = indicator
3) Time = 5 year trajectory with Regression Trend tool

The balance of 3 is very important because a chain is only as strong as its weakest link. 3 redundant confirmations of the statistical probability of the future price action of an asset are the bare minimum needed for accuracy.

Just like in physics, engineering and life, the balance of 3 is very important. Like my high school coach said 30 years ago, "luck is the residue of design". Here's my *3x lucky 7s of trading*.

*3x lucky 7s of trading*

1) 7pt Trading compass:
Price action, entry/exit, take profit / stop loss
Volume +average-/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

2) 7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint, no trade is an option
Obdurate repetitive errors, no adaptation

3) 7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings, multiple time frame analysis
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess, physical exercise
Sorted watch-list with alerts

Comment:

There's only 3 possibilities:
up
down
sideways

Comment:

BTC 3 week logarithmic chart: