TRADING TIPS That SERIOUS Traders Know ( ͡° ͜ʖ ͡°)

Trading can be like... following a diet🥨
You need a clear plan, but also some space for cheats. If you're prone to jump-in trading, have some funds available for it - trading should be fun! Take that risk. But plan for it. If you've spent your 10% high risk capitol for the month/quarter, then that's that.

- Look for Fractals
Fractals in higher timeframes such as the weekly are often reliable, as it points towards the cyclic nature of the market.
How did I make +118% on SOL? By following a fractal from the previous bull market:


- Learn Elliot Wave Theory
From the DOGE chart, we can see that Point 5 is not going to happen. (not that it won't happen at all, but just that it won't happen for the short term). How do I know this? ...Elliot Wave Theory. The EWT tells us that if point 4 retraces beyond point 1, the bullish impulse is invalidated. We are now more likely to slow bleed down to Point 2.
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- Look for Reliable Patterns
Sometimes, certain patterns can be seen moments before they are finally "finished" forming. It's important to know the rules of these patterns, and trade reactively.
I knew where to short ETH. How did I know? The M-Pattern:

Deep Dive guide on Pattern-Trading here:


- Learn to Manage Risk with Leverage
Let's not duck around - Trading is risky but crypto trading is VERY RISKY. Make sure you have a strategy.
Setups, Planning and RISK: How to MANAGE your RISK vs REWARD




- Learn To Trade the Rotations
There's a secret pattern in the relationship between Bitcoin, Bitcoin Dominance and altcoins by market cap. Make sure you understand it before you take a leveraged trade:
The Crypto Carousel: BTC, ALTS, and the Money Merry-Go-Round


- Pick a few Technical Indicators and STICK TO THEM
It's tempting to use whatever new indicator is the flavor of the day... but how will you ever learn the secrets? Technical indicators have "secrets". They look different on different markets. For example, SOL can be "Extremely Overbought" without correcting much for an extended period of time, where as Bitcoin usually corrects when the "Extremely Overbought" signal flashes. (This is an observation from using one indicator on many charts).
Personally, I love Bollinger Bands, Moving averages and Cryptocheck START V3.5 as my combo indicator.
That's how I called the beginning of the new Bullish season in November 2023:



It's important to note that none of these strategies are 100% fail proof. Even the best Wallstreet traders average on 58% per annum.
Stop trying to follow people who claim to make +1000000....% per annum. Often, these guys have lots of money to lose, in other words it's more a fly-by-night than studying charts for consistent wins.
As long as you're making more than interest rates from a fixed deposit at the bank - you're winning!

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Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternsdogedogeusdtETHTechnical IndicatorsriskrewardstrategyTIPStipsandtrickstradingplans

Discord Server
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Cryptocheck Website
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softquant.io
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