🔵The fall of the crypto market has caused record negative sentiment on BTC for the year. Traders are experiencing FUD en masse, fearing further declines
🔵But for counter-traders, this is a good sign — markets often move in the opposite direction from the majority's expectations
Binance Futures, Bitget Futures, ByBit USDT, OKX Futures
#ACT/USDT All entry targets achieved
Average Entry Price: 0.3235 💵
⚡️⚡️#ACT/USDT ⚡️⚡️
🟢LONG/BUY : 0.32700 - 0.32000
🏹Targets:- 0.34700 - 0.39000 - 0.45000 - 0.52000 - 0.60000 +🚀
❌Stop Loss 0.30000
‼️Leverage: 20X ( Use Leverage according to your risk management )
👉Use only upto 5% of Total Funds
💰 I Trade On : BINGX
Which is more important — the goal or the process?
It's a trick question. Whatever answer you choose, it will be wrong. The fact is that both a person who sees only the goal in front of him or her, and a person who simply “enjoys the process”, reduce their chances of getting results.
First of all, those who forget about the goal — that is, about why everything was started in the first place. The result is either turning off the path, or hanging on one of the stages.
The hard worker has already forgotten that he needed a two-meter long ditch, and there are many other tasks ahead of him in terms of landscaping. He just digs from fence to lunch every day! "Enjoying" the process, yeah.
But full concentration on the main goal is also harmful. Then the whole point of work is reduced to the reward, and the process itself is perceived as something unpleasant, difficult, exhausting.
“I want to make a million!” But the million is still somewhere on the horizon or even beyond it, and all around is labor and gloom. There is a feeling that life is wasted. There is discouragement and frustration, and with them — the desire to send everything to hell
What do psychologists recommend? Learn to get pleasure from the difficult things in the current moment. This ability is developed, and literally at the physiological level: thanks to dopamine.
A person is able to get a high from hard work, accomplishing difficult tasks, overcoming obstacles, searching for answers to challenges (that's why easy and routine work causes boredom). At such moments, one should not think about the main goal — let it loom somewhere ahead, like a beacon, so that the guiding line is visible.
You should think not about the goal and the reward, but about what you are doing at that moment. Then reaching the goal will become a joyful event: “Wow, I had so much fun working, and they gave me some goodies too!”.
Trading is a clear illustration of how this works. You should not think about future millions while placing another position.
We trade in the moment, and one day we will see that million? Two? Five? Even more! One day you will reach your goal to set a new one — and continue on your way, enjoying every step.
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#KAS/USDT Stop Target Hit ⛔
Loss: 106.9959% 📉
How to define a breaker block in trading📈
A breaker block in trading is an order block (OB) that is broken by a strong momentum without a rebound reaction. The breaker block formation condition is the breaking of the last maximum or minimum depending on the trend.↘️↗️
A breaker block (BB) is a support or resistance zone, depending on the current price location. The trader waits for the price to return to the rectangular area and opens a trade.
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Читать полностью…Binance Futures, Bitget Futures, KuCoin Futures
#DENT/USDT Take-Profit target 4 ✅
Profit: 496.14% 📈
Period: 15 Days 21 Hours 36 Minutes ⏰
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@SamCryypto_Master
Hypnotic trap: how to break out if you're caught in it.
“I couldn't stop.” Sound familiar? Well, if it doesn't. But you can't be sure. Sometimes quite sober-minded people fall into the hypnotic trap, which causes painful hyper-concentration on some goal or task and does not let them get away from it. Strong concentration in itself is a useful thing. But the hypnotic trap has one dangerous feature: there is an effect of tunnel vision and disconnects critical thinking.
Traders are hypnotized by the market itself. But the result is the same: complete inability to disconnect from the terminal, frantic overtrading, illogical trades, grandiose plum. And complete blocking of critical thinking, though in a normal situation a person sees the absurdity of his actions.
What to do in such situations? Check-list in case you suddenly feel pathological overconcentration:
✅ Remember the hypnotic trap and stand up sharply from behind the monitor, throw aside the phone, go to another room, better yet to the street. Abruptly! (It doesn't always help. But if a person is already aware of the risk of a hypnotic state, there is a chance that the alarm will go off)
✅ If you realize the threat - don't try to fight it by staying in the deal. Even if you think you've taken control of the situation, there's a risk of letting the wheel out again.
✅ Pinch yourself. Harder. Bite yourself, do something else painful. It's an old tried and tested method and it works pretty well. Physical pain switches your thought processes, taking you out of the “tunnel”.
✅ Start breathing deeply, focusing on the breath, the physical sensations. This helps shift attention too.
✅ Set timers if you tend to get hung up on haggling. The timer should be beeping, screaming, and very far away from you so that you have to walk to it.
✅ Trade in a normal mental state. The risk of falling under the hypnotic influence of the market increases in periods of fatigue, nervous exhaustion, stress, depression.
✅ Control fear, greed, excitement. They create a super goal, cutting off all other thoughts.
#BTC had a bearish weekly closing and had a very strong close below of the zone of support. Daily is on a support now, and looks bearish too, price now trying to hold over the trendline as support, so let's see how market react today by NY session.
Читать полностью…Binance Futures, Bitget Futures, ByBit USDT, OKX Futures
#ACT/USDT Entry 1 ✅
Average Entry Price: 0.32700 💵
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#LINK/USDT Take-Profit target 4 ✅
Profit: 51.236% 📈
Period: 2 Days 12 Hours 11 Minutes ⏰
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, had a new #ATH this week and dropped all the way down towards the support zone, where the last week rejection is happened. Weekly candle closing below $$97,300 is not good for the market, also we already alerted for this dump, and might see the sideways move throughout the month end.
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#TON/USDT All take-profit targets achieved 😎
Profit: 376.4706% 📈
Period: 21 Days 5 Hours 25 Minutes ⏰
Sam at work! 😎🔫
The working day began with the classic procedure for us - studying the market mood and finding the best positions to enter
Pm me so that we can discuss everything and you open the trade on time.
If you have any questions, don’t hesitate to ask, I’ll help with any:
@SamCryypto_Master
#BITCOIN DAILY TF UPDATE :
#BITCOIN still fails to reach 100K this week, and had a retest only. Price again attempting to move higher and high to break it. We have bounce from structural support and hopefully we'll have a strong weekly rejection candle and next week can be a History making Week.
Binance Futures, ByBit USDT
#XEM/USDT Take-Profit target 3 ✅
Profit: 259.5745% 📈
Period: 6 Days 19 Hours 7 Minutes ⏰
🔥🔥🔥369 USDT within hour's
Did you see it?
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@SamCryypto_Master