Trading = research
Hi Folks,
I learned the lesson of ' the trend is your friend until it bends ' through CHILIZ.
When I started trading I bought CHZ at a low and rallied up through the top. I could have made a very beautiful profit.
But unfortunately as many others I didn't have a plan so my total profit vanished at some point.
Lesson learned; Only entry a market with an exit strategy.
I found it astonishing that so much people want to know WHEN to entry a market but I almost never get asked for when to EXIT a market.
So al that much for now. Going back to the chart.
I really like the underlying project of Chiliz. I see very much potential in it so I keep my eyes on this asset.
What does this chart tells me?
I see a descending triangle. As I have learned to think in possibilities and probabilities my experience has thought me that more often than not a descending triangle 'breaks' out downwards.
And this is the (I find interesting) part of Trading this not always have to be. For now it has ' broken' the descending triangle upwards and the prices move to the first resistance point.
This is where my interest goes now. What do I do next? I wait patiently with my eyes and mind open to see how the price will develop in coming days.
Quote of the day;
A man who prepares himself for success, must become successful one day.
I learned the lesson of ' the trend is your friend until it bends ' through CHILIZ.
When I started trading I bought CHZ at a low and rallied up through the top. I could have made a very beautiful profit.
But unfortunately as many others I didn't have a plan so my total profit vanished at some point.
Lesson learned; Only entry a market with an exit strategy.
I found it astonishing that so much people want to know WHEN to entry a market but I almost never get asked for when to EXIT a market.
So al that much for now. Going back to the chart.
I really like the underlying project of Chiliz. I see very much potential in it so I keep my eyes on this asset.
What does this chart tells me?
I see a descending triangle. As I have learned to think in possibilities and probabilities my experience has thought me that more often than not a descending triangle 'breaks' out downwards.
And this is the (I find interesting) part of Trading this not always have to be. For now it has ' broken' the descending triangle upwards and the prices move to the first resistance point.
This is where my interest goes now. What do I do next? I wait patiently with my eyes and mind open to see how the price will develop in coming days.
Quote of the day;
A man who prepares himself for success, must become successful one day.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.