Yesterday i was working on my trading
strategies from a risk management stand
point.i plan to scale up

on some of the asset classes I have chosen
but I will not encourage you to use margin
because I am assuming you are a beginner
because as Tim Sykes says

90% of traders lose“. The chances
that you are reading this and
you know how to trade are

very low that’s why this has to be
beginner level
So that you make mistakes and learn

so that you lose on your trades,
but with low risk as a way of learning..
Bitcoin BTCUSD

Is the best asset for beginners
but do not use margin

So why is Bitcoin a good buy?

Its following the next 3 steps:

  1. -The price is above the 50 EMA
  2. -The price is above the 200EMA
  3. -The price has gapped up in an uptrend

Because its following these 3 steps
we can say that it is in an uptrend

Now does this mean it wont crash?
No it doesn’t
infact it can crash to zero

This is why following recommendations
is not a safe strategy
you need to learn more about

Trading, risk management and profit
taking.

Rocket boost this content to learn more.

Disclaimer: Trading is risky you will
lose money whether you like it or not

please learn risk management and profit
taking strategies

and feel free to use a trading simulation tool
before you trade with real money.

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