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Re: Crypto Currency Investors Thread by Geovanni412(m): 2:16pm On Aug 11, 2022 |
Kingsteve: There are traders that don't set stop loss and there are traders that do. However, every trader has a point at which they admit or are forced by the market to admit they are wrong - we call this mental stop loss. That being said, don't force your preference on us and place it as the gold standard. I say this because in futures trading, one cannot survive without having an idea of proper stop loss. You mentioned stop loss taking you prematurely out of trades - that only happens when you have tight stop losses or due to slippage by the broker you are using. There is no damn way you will be right in the direction of your trade and the market will violate 2 daily atrs and kill your trade. If you find the day it happened on btc, lemme know. If stop loss is unimportant,why do prop firms insist on it for all their traders? Your trades have been working good - that is a fact. Since you're so sure of ya method, what stops you from taking trades on futures with your mental stop loss in mind? 3 Likes |
Re: Crypto Currency Investors Thread by Siberia01(m): 2:17pm On Aug 11, 2022 |
Kingsteve:. Pro trader indeed without SL ...... Since your the market maker 2 Likes |
Re: Crypto Currency Investors Thread by Kingsteve(m): 2:19pm On Aug 11, 2022 |
XaToXi: BTC just broke the 24.6k resistance...good news! Expect more upward movement, albeit not that much until a new higher high is formed. 25k-plus is the next target, but I'm not too sure if BTC can sustain the rally to 25k-plus uninterrupted today. So to be on the safe side...switch to lower timeframes, and observe when BTC seems to be losing steam. When all the lower timeframes begin to show signs of weakness, take your profits and wait for BTC to settle at any support ranging from 24.2k, 23.9k, 23.6k and 23.3k Below is a weekly timeframe showing the space between the current price and 26k. 26k seems to be achievable very soon, if BTC keeps powering with such brute force. 7 Likes 1 Share
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Re: Crypto Currency Investors Thread by Kingsteve(m): 2:21pm On Aug 11, 2022 |
Geovanni412: I will agree with you that SL is very crucial in futures trading. But I only do spot trading, and to be honest with you, I can't remember the last time I used SL |
Re: Crypto Currency Investors Thread by Kingsteve(m): 2:23pm On Aug 11, 2022 |
Siberia01: I am not a market maker, but knowledge is POWER! 7 Likes |
Re: Crypto Currency Investors Thread by Kingsteve(m): 2:28pm On Aug 11, 2022 |
Geovanni412: I take trading as a primary occupation. I've worked hard over the years to make sure that I can trade with any capital. Give me N100M, and i will comfortably trade without shaking. Futures trading won't give me that peace of mind. I want to be able to have control over my trades, not the other way round. I will never do futures again...never! As you dey see me so, I can retire at any age, knowing that I've set up trading skills that I can rely on, even from the most comfort of zones anywhere in the world. That has been my ultimate dream. 11 Likes |
Re: Crypto Currency Investors Thread by DenreleDave(m): 2:39pm On Aug 11, 2022 |
Kingsteve: Very true.... Future gives no peace of mind.... If an expert like u avoid future, I no no wetin person like me wan find go there. I didn't even bother to learn it at all.... Me and spot are like 5 & 6 Boss, any sign of pull back on btceeeee soon? 6 Likes |
Re: Crypto Currency Investors Thread by Kingsteve(m): 2:42pm On Aug 11, 2022 |
DenreleDave: Just wait till BTC loses momentum if you're planning to go long. Patience is another skill needed in trading. When BTC touches a support, you will know. 6 Likes |
Re: Crypto Currency Investors Thread by Pristine664: 2:43pm On Aug 11, 2022 |
calebify1: Well said. Omobola has done nothing wrong in this case. I expect everyone here to be above 18 years old. 3 Likes |
Re: Crypto Currency Investors Thread by Omobola121(f): 2:44pm On Aug 11, 2022 |
Last week, I wanted to try out futures trading. I already transfer funds from spot to futures that's how I remember you....omorh I commot am oo Kingsteve: 1 Like 1 Share |
Re: Crypto Currency Investors Thread by Kingsteve(m): 2:48pm On Aug 11, 2022 |
Omobola121: Gather capital, and learn more about spot trading. You won't regret it. Tell me, which business pass spot trading? And to crown it...you earn in hard currency! Avoid futures! Na trap! 3 Likes |
Re: Crypto Currency Investors Thread by Pristine664: 2:48pm On Aug 11, 2022 |
Omobola121: Please remove that name. You don't need to put your name on a faceless forum like this to prove anything. You've done nothing wrong. If Nitvel had turned out good some persons wouldn't have even appreciated you for the info. Don't let this stop you from sharing valuable info still. 11 Likes |
Re: Crypto Currency Investors Thread by Chikacha: 2:57pm On Aug 11, 2022 |
Omobola121:Nne please remove this name, It's too risky. If not for yourself do it for the newbies. This name can now be used to scam someone. Too much information. Alice is a very nice name. 5 Likes |
Re: Crypto Currency Investors Thread by Omobola121(f): 3:00pm On Aug 11, 2022 |
Thank you...please how do I remove it. Been trying too Chikacha: |
Re: Crypto Currency Investors Thread by Pristine664: 3:05pm On Aug 11, 2022 |
Omobola121: Click "modify" edit and resubmit. 1 Like |
Re: Crypto Currency Investors Thread by Fastt: 3:21pm On Aug 11, 2022 |
How do we know that you are the real user Omotola with the name stated. Post your pics(left and front) with our id card(preferably internation passport, [size=2pt]finger print included[/size]) and your pregnancy belly with a papper written with the username and Id, at 17hrs gmt before we take you serious There will be pull back from btc. don't go all in. we might as well be in a bull trap.Trade with caution! Source: Trust me bro! |
Re: Crypto Currency Investors Thread by jtjohn(m): 3:28pm On Aug 11, 2022 |
Fastt: Thanks boss Lol |
Re: Crypto Currency Investors Thread by Fastt: 4:02pm On Aug 11, 2022 |
jtjohn: Hope you bought. NETT went to 30% , |
Re: Crypto Currency Investors Thread by Emmizay12(m): 4:14pm On Aug 11, 2022 |
Kingsteve: Because you no fit handle am,,, no mean say you go speak bad of it,, you are a good spot trader,,, another man can be a good futures trader...... Where you will fail in futures is where you have zero skills, zero experience and you just want to throw money into it and make money,,, even people wey spend 4yrs for university they still graduate dem no fit blow,, na futures you wan blow overnight, I laugh,,,,,,,, pay your dues and study hard inshort sacrifice 1 to 2 years of your life learning it,,, you will never know poverty cos nothing good ever comes easy..... My 2 cents 5 Likes |
Re: Crypto Currency Investors Thread by cmoney22222: 5:22pm On Aug 11, 2022 |
Futures trader here. I just love futures trading 2 Likes |
Re: Crypto Currency Investors Thread by SaintUlot: 5:24pm On Aug 11, 2022 |
Kingsteve: Which app is this? |
Re: Crypto Currency Investors Thread by Qinglong(m): 5:24pm On Aug 11, 2022 |
Please, is it possible to register on Binance and buy crypto with a virtual credit card? Whether for HODL or regular trading. If not, which reliable crypto platforms accept virtual credit cards? Asking because I remember trying to register on Coinbase in June with my credit card, but it didn't work since our government has too much wahala. How do you guys bypass the current restrictions abeg. |
Re: Crypto Currency Investors Thread by NotBeenPaid: 5:28pm On Aug 11, 2022 |
Omobola121:Sent you a mail. |
Re: Crypto Currency Investors Thread by NotBeenPaid: 5:30pm On Aug 11, 2022 |
Kingsteve: Boss please how much capital do I need to have to go spot-trading? |
Re: Crypto Currency Investors Thread by Seankhalifa: 5:42pm On Aug 11, 2022 |
Abeg if u want to use my link register pi.. hala me.. |
Re: Crypto Currency Investors Thread by Kingsteve(m): 5:48pm On Aug 11, 2022 |
SaintUlot:Tab trader |
Re: Crypto Currency Investors Thread by Khayceeofficial(m): 5:49pm On Aug 11, 2022 |
foreverproduct: E don cast |
Re: Crypto Currency Investors Thread by Kingsteve(m): 5:49pm On Aug 11, 2022 |
NotBeenPaid: You can start with as little as 100k, but the returns won't be much. The heavier the volume, the better the ROI 1 Like |
Re: Crypto Currency Investors Thread by NotBeenPaid: 5:54pm On Aug 11, 2022 |
Kingsteve: Thanks Boss. 3 Likes |
Re: Crypto Currency Investors Thread by Kingsteve(m): 5:57pm On Aug 11, 2022 |
Emmizay12: I started my trading journey in futures. Along the line, I realised I wouldn't be comfortable to trade with huge amounts of money. Again, futures trading won't give me the freedom to use my trading strategy effectively. Like I mentioned earlier in my previous post, I am not a fan of SL I prefer to cut losses on my own, when all support levels have been broken, and a looming downtrend is forming. For every loss I make, I must recover it from the markets, back to the initial amount invested. In futures, I don't think I'll have such privilege for such manoeuvres. In summary, I tried both spot and futures, and I realised spot is the way for me, as it suits my trading style. 6 Likes |
Re: Crypto Currency Investors Thread by DrShomo: 6:45pm On Aug 11, 2022 |
Download star network app @ play store Use robnectar as referral,... This coin is the next bomb by November,... Don't say I didn't tell y'all Peace |
Re: Crypto Currency Investors Thread by Siberia01(m): 6:55pm On Aug 11, 2022 |
Kingsteve: $100 is ok with leverage tokens 3 Likes |
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