This newsletter is sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out!I want to share an awesome tweet that I read today from my friend Mr. Anderson and offer my quick thoughts.Trade like a Samurai:"Accept all possible losses before entering the battle"I love this. I always advise to "plan your losses." Every single time you enter a trade, you should know exactly how much money you will lose if the trade goes against you. If you stick to your plan, then you have already accepted the potential loss before taking the trade. The ONLY thing you can control in trading is how much you lose."Center yourself in mind, body & spirit"I had a long conversation about this topic with AK Koroush on my podcast recently. Balance in life and trading is everything. You should only trade when you are in the proper mood and emotional state. You cannot expect to be profitable or successful if you are not centered and under control."Trust your inner skills and intuition"You have to create your own system based on your own lifestyle and expectations. It makes NO DIFFERENCE what someone else has to say about your trades or your trading, which is why it is impossible to copy someone else. You have to develop your own system that fits your own skills and trust it when you execute trades."Imagine victory clearly"Just like you know exactly how much you will lose if the trade goes wrong, you should be identifying your targets and not changing them when price arrive. Do not be greedy, take profit according to plan."Only exist in the present to conquer fear"Fear should never be a part of your trading. You have to conquer your fear and emotions before you can be a successful trader."Never stop a course of action once you begun"There's no going back once you enter a trade. There's no changing your plan. You enter, step away, and let the trade run its course, for better or for worse.Chart Request live stream today at 2 PM EST! Last week you guys almost put me in an early grave, with roughly 60 requests! I will do as many as I can, but please follow the rules. I cannot take requests at any other time, so if you send them during a different window they may not get charted.1 chart per person, per weekSubmit between 8 AM and 1 PM EST todaySubmit request by replying to this newsletterBe specific about BTC or USDT pair. I assume BTC pair if nothing is specified.If it is not on TradingView, there is a chance I will not able to chart ithttps://www.youtube.com/watch?v=R6emZ3NZF_oIn This Issue:Bitcoin On-Chain Indicators Remain Strong - From IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsCME Is Catering To Smaller Investors And TradersCoinbase Going Bankrupt? Peter Brandt Thinks So.Chipotle Is Giving Away Bitcoin. And Indigestion.KIRA Network Public Testnet LaunchPolkamon - Scarce Digital CollectiblesMy Recommended Platforms And Tools
The Wolf Den #210 - Trade Like A Samurai
The Wolf Den #210 - Trade Like A Samurai
The Wolf Den #210 - Trade Like A Samurai
This newsletter is sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out!I want to share an awesome tweet that I read today from my friend Mr. Anderson and offer my quick thoughts.Trade like a Samurai:"Accept all possible losses before entering the battle"I love this. I always advise to "plan your losses." Every single time you enter a trade, you should know exactly how much money you will lose if the trade goes against you. If you stick to your plan, then you have already accepted the potential loss before taking the trade. The ONLY thing you can control in trading is how much you lose."Center yourself in mind, body & spirit"I had a long conversation about this topic with AK Koroush on my podcast recently. Balance in life and trading is everything. You should only trade when you are in the proper mood and emotional state. You cannot expect to be profitable or successful if you are not centered and under control."Trust your inner skills and intuition"You have to create your own system based on your own lifestyle and expectations. It makes NO DIFFERENCE what someone else has to say about your trades or your trading, which is why it is impossible to copy someone else. You have to develop your own system that fits your own skills and trust it when you execute trades."Imagine victory clearly"Just like you know exactly how much you will lose if the trade goes wrong, you should be identifying your targets and not changing them when price arrive. Do not be greedy, take profit according to plan."Only exist in the present to conquer fear"Fear should never be a part of your trading. You have to conquer your fear and emotions before you can be a successful trader."Never stop a course of action once you begun"There's no going back once you enter a trade. There's no changing your plan. You enter, step away, and let the trade run its course, for better or for worse.Chart Request live stream today at 2 PM EST! Last week you guys almost put me in an early grave, with roughly 60 requests! I will do as many as I can, but please follow the rules. I cannot take requests at any other time, so if you send them during a different window they may not get charted.1 chart per person, per weekSubmit between 8 AM and 1 PM EST todaySubmit request by replying to this newsletterBe specific about BTC or USDT pair. I assume BTC pair if nothing is specified.If it is not on TradingView, there is a chance I will not able to chart ithttps://www.youtube.com/watch?v=R6emZ3NZF_oIn This Issue:Bitcoin On-Chain Indicators Remain Strong - From IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsCME Is Catering To Smaller Investors And TradersCoinbase Going Bankrupt? Peter Brandt Thinks So.Chipotle Is Giving Away Bitcoin. And Indigestion.KIRA Network Public Testnet LaunchPolkamon - Scarce Digital CollectiblesMy Recommended Platforms And Tools