✴️ 0x 5X Lev. Trade Setup | Sharing My Experience

We are doing only 5x on this one not because the setup is weak but because it is already moving.

We are more conservative with the public ones as well, we can do 5-6x here, private it can go up to 10x.

Leveraged trading is high risk.

ZRXUSD has been giving out strong bullish signals based on the volume. We can see high buy volume lately.

Current price trades above EMA10 and EMA21 with a strong RSI.

This doesn't mean that it won't crash or that this is a sure win, it only means that there is potential for higher prices based on these signals but the market can always go either way.

If it crashes, we take the loss and move on.
If it goes our way, we take the win and move on.

If we lose, we check for mistakes and learn from them.
If we win, we take any and all earnings and show our appreciation in whatever way possible.

It is all about numbers, it is a numbers game.
There is no way to win them all, there is no need to win them all.

We just need to win enough to come out ahead.
We need to earn big on the winning trades (high targets) while losing small on the losing ones (tight stop).

There are many ways to approach this business, this game... To each its own.

Some people like high risk like margin/leverage, other people like low risk (as in spot)... It is all up to you.

When I am losing and making mistakes, which happens very often, I quit the market completely, take a break.

When I am winning, doing good I hit the boost... Bigger positions, more capital for as long as things are good.

If I make a mistake I cut back, the message is always to slow down or to stop.
If I am winning, double down, the Universe is telling you to go on.

I ask the opinion of my team.
I measure the pros and the cons... Never a rigid mind, I adapt to the market, I can change fast if that is required, I can also learn and accept when I am wrong.

Flexibility is needed as well for trading.
One needs to be able to stick to a plan but also be flexible enough to accept if a mistake was made when it shows up.

Patience is key.
Practice makes perfect.
Be prepare to lose and to win.
That's all...

In whatever way you like, feel free to show your support.

Namaste.

Trade closed: stop reached

Comment:

This trade valid remains the same; strong, bullish, valid.