Getting rekt every day this week

[W4LL3T_BR34K3R]

tried trading the range but kept getting chopped up. 4800-4900 on eth looked solid until it wasn't

 

[mr.peeper]

ranges been brutal. false breakouts in both directions. probably better to wait for clear trend

 

[RiskyTrader]

thinking about just dcaing bitcoin and forgetting about trading. this stress ain't worth it

 

[Major]

@RiskyTrader honestly not bad idea. most traders lose money long term. hodling bitcoin has better track record

 

[Timmy98]

@RiskyTrader honestly not bad idea. most traders lose money long term. hodling bitcoin has better track record

probably right but fomo hits hard when you see people posting screenshots of big wins

 

[goldkingcoiner]

probably right but fomo hits hard when you see people posting screenshots of big wins

seriously?! those screenshots usually cherry picked wins. same people losing way more on trades they don't post about

 

[Cryer89]

anyone else notice correlation breaking down? used to be able to trade btc based on nasdaq now everything random

 

[hack3rcon]

@Cryer89 correlations not static. market regimes change and old relationships break down. why backtesting only gets you so far

 

[degen_pete]

ok ok maybe i should learn proper ta instead of just aping into momentum plays

 

[CryptoDada]

Technical analysis can help but remember most successful traders combine TA with fundamental analysis and proper risk management. No single approach works consistently.

 

[W4LL3T_BR34K3R]

been trying to learn futures but keep getting liquidated. maybe stick to spot for now

 

[Major]

@W4LL3T_BR34K3R futures not for beginners. leverage amplifies mistakes. build skills on spot first

 

[RiskyTrader]

oh hell just lost another 400 trying to revenge trade. definitely need break from this

 

[mr.peeper]

oh hell just lost another 400 trying to revenge trade. definitely need break from this

@RiskyTrader revenge trading never works. market always wins when you're emotional

 

[Timmy98]

oh hell just lost another 400 trying to revenge trade. definitely need break from this

feel ur pain man. lost count how many times i doubled down trying to make it back

 

[goldkingcoiner]

feel ur pain man. lost count how many times i doubled down trying to make it back

you two are perfect examples why 95% of traders ngmi. emotional decisions + poor risk management

 

[Alice29]

you two are perfect examples why 95% of traders ngmi. emotional decisions + poor risk management

fine you're the smartest in the whole damn world. gosh

 

[hack3rcon]

if you struggling then try paper trading for few months before risking real money. helps develop discipline without financial pressure

 

[degen_pete]

if you struggling then try paper trading for few months before risking real money. helps develop discipline without financial pressure

good idea btw

 

[CryptoDada]

Also consider reducing position sizes by 50-75% until you develop consistent profitable approach. Better to make small profits than large losses.