FX_Professor

BITCOIN- Mostly Education FXPROFESSOR 101

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Good day everyone,

hope you all feeling good, or at least feeling bettEr than me cause I seem to have a flu..will see if it's Covid or not, doesn't matter anyways, the pandemic is in the final stages and it ain't that scary anymore. Feeling ok here for now.

In this video i am trying (trying hard to be honest, most people don't seem to get it, maybe i need to do better at explaining it) to open some eyes.

Some of you contact me because 'Trading is suffering'' and it's not going well and the markets are crazy.

so here are my 2 cents of fxprofessor advise:

- stick to spot, use leverage only to go short with a small amount when the market scares you

- if you will use leverage then consider my method of hedging:

1. Keep your winners (I have Long on BTC from 35k, not closing it)
2. Go short on something, hedge around resistances
For example yesterday we went short on XRP (personally i used 30% margin on short positions, still had 70% on Long positions BTC,ADA,QTUM)
3. Learn how to compound (increase) your positions when the market demands you to, or when to close them and take profit at support.
4. Stop looking at one chart (BTC) and trying to be Nostradamus. It will never work that way.
5. Instead, look at more charts, see which ones look more Bullish and which look for Bearish
ex. ADA is in +0,40% profit today, XRP is in - 2,7% loss today. You could had perfectly opened these too and make money on both hands and the idea is that you are HEDGED! ie you are prepared for any market movement.

Not sure how much sense all this makes but I am sure that it will help some people. Can't save the world but I did save myself and just trying to save more people.

Now it's up to you to save yourselves from suffering. I can see the suffering in some of the comments the same way that i can see the appreciation and the positive impact on most of the comments.

One Love,

the FXPROFESSOR

⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️tomorrow is CPI data in the USA (INFLATION DATA). Market might scare you again tomorrow like it did on NFP last week ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️

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