Choppy markets but money to be made

SXP / US DollarBinance

Description

⋅ Sep 8, 2021 4:44 PM

The last few days have caught many people off guard with the unexpected 40-50% crash.

The bitcoin news in El Salvador was short lived and markets reacted with huge crashes.

Keep your losses small and the wins bigger, many of my sl were triggered but many of my limit orders hit.

Sxp was one of them I traded the idea on the 13th of August and my limit order of $2.70 was hit.

Patience pays off and always stick to your strategy.

Crypto gives many opportunities as the market is so volatile.

My tp will be in the yellow box area.

Comments

dzvalentino

⋅ Sep 10, 2021 6:00 PM

can fall more :)) but very nice buy, thanks for encouragement.

Ryecatcher

⋅ Sep 14, 2021 9:05 PM

@dzvalentino, agreed it can drop more. Catching the bottom isnt the point, it is catching the meat of the move that is the point. In trading catching bottoms and tops are impossible to nail everytime. Thanks for the kinds words.

Ryecatcher

⋅ Sep 10, 2021 2:34 PM

Thank you, i appreciate it.

kkMoko

⋅ Sep 8, 2021 5:59 PM

Awesome advice Ryecatcher...