Feeling Long for LTCUSD Yearly Trade

Why did I enter?



Litecoin. I've been thinking about the bigger picture when it comes to cryptocurrencies. Now I don't know much about this compared to bitcoin but I do know down the line countries are considering putting more of an emphasis on these types of currencies. Price is currently in a support zone on the daily time frame and I've seen price reach either of the two resistance zones about 9 times or close to so this is more of a yearly holder and "take profit when comfortable" type of trade. I will do two 0.01's for a long and let this once sit for the year. I want to challenge myself. I'm entering shortly and will let the market have it's way. Be aware that this truly a long term trade. Small lot sizes only if you enter




🏀Tips🏀

*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.

*You won’t win every trade but continue to learn!