Futures · A New Opportunity · Asymmetric Risk-Reward · HaedalOpportunities are endless. Let me show you.
HAEDALUSDT we traded before once already and the trade-numbers were a success. This is good because if we can see it go up once, we can do it again. Market conditions are very similar to what they were before the previous jump. All the signals are present for a new higher high jump.
Is the timing right? —Let's ask the chart.
A low in June leads to sideways and then a bullish jump. The bullish jump shows up only when HAEDALUSDT moves above EMA34 (green).
Present day HAEDALUSDT produced a higher low in August vs June. The action is moving just today above EMA34 and this is the signal we've been waiting for.
Since we have a higher low, we can expect at least a higher high on this upcoming bullish jump. I am sure the market will move much higher, but this is the minimum. The higher the better for sure.
Our job is to spot the right entry at the right time. Buy low before prices jump. Buy patiently when prices are trading near support. These conditions are present on this chart setup. Some can change in a flash though and cause a loss.
Let's talk a little bit about losses.
There is a lot to lose and there is high frequency of losing. This is normal. If you open a position with 5% of your capital and lose 100% of the position, you still have plenty of capital left to continue trading.
Losing is not wrong. You only need to protect yourself from losing everything or losing big. We cap our risk.
Our losers we try to keep them small and our winners big. Something like asymmetric risk/reward. A small loss if you lose vs a big pay if you win.
If you lose, you only lose that 3% or 5%. If you win, you can get anywhere between 10-20X. When we are talking spot, the range goes between 10-30% per trade. You can lose 3 to 10 times and still be in the game. One win can produce easily 5X, 4X or 10X if the trade is long-term.
Spot, the risk is less but the winners take longer to produce big results. Spot has no stress basically and it is so easy once you learn the basics, that you can't go wrong. This is the way to win for the average person, buy and hold.
As soon as we grow and we are comfortable with our buy and hold, we move to the more advanced tools to increase our risk but also our potential for rewards. You can't go wrong if you only use your profits to grow to the next step.
There is always time. There is no need to hurry, the market is not going away.
If the opportunity is real and yours to take, take the time to prepare. Once your skills are well developed, you can earn money with Crypto long-term. If you rush, you lose and have to try again. If you take your time, you can win big and winners we are all... All those of us who never give up.
Keep trying and go harder.
Never give up.
Go higher.
Namaste.
