KNOW Our Limitations Based on Amount of TIME and TYPE of Trading
Hi Everyone! The purpose of this publication is simply to let followers know NOT to beat yourself up over the head if you we did not sell at or near the top if Swing Trading with the Near Term and Mid Term GROUPS of time frames. We do not see a confirmation yet... IF YOU HAD JOINED in this Mid Term Swing from $9,500 to $12,500 price range, you would be sitting very pretty right now. SO WHAT if the price drops 3k to 
4K from it's top before we see CONFIRMATION. I'm perfectly fine being patient with that Mid Term Swing Trade to Sell once I see confirmation. THEN begin looking at my indicators with bollinger bands to determine a price range to setup buy orders to accumulate at a lower price in preparation for another move to the upside in the next Mid Term Group Swing to the upside.
Some of you do NOT have time to Day Trade. Which means you do not have time to margin trade with low leverage in the scalping group of time frames. Which means some of us place a limitation on ourselves that keeps us from having a chance of selling at or near the top or buying at or near the bottom. Therefore, that person should NOT beat themselves up over the head for not being able to do what they have not POSITIONED THEMSELVES to do based on the limited time they have available.
However, if you do have the time to day trade and scalp using the scalping group of time frames, you can take full advantage of margin trading with low leverage these swings in the scalping group of time frames. However, BE ADVISED... you will find yourself closing a position quite often in a scalping group of time frames as compared to how little you would close a position on a Mid Term Group Margin Trade on a little higher leverage. I'll explain more on another platform in the near future.
I hope this publication makes sense with what little I have mentioned. I know some of you are just now joining me and may have bought in (accumulated) at or near a potential top and wondering what to do. Unfortunately, I cannot tell you with a better certainty (confirmation) we are going down just yet because I have not seen that confirmation yet. If you had the time to day trade and scalp using the scalping group of time frames, I could have told you what to do. HOWEVER, I'm currently not providing scalping signals. I'm too busy with other projects that MUST get done during the first quarter of 2021.
Have a Happy New Year... Happy Trading and Stay Awesome!
David
4K from it's top before we see CONFIRMATION. I'm perfectly fine being patient with that Mid Term Swing Trade to Sell once I see confirmation. THEN begin looking at my indicators with bollinger bands to determine a price range to setup buy orders to accumulate at a lower price in preparation for another move to the upside in the next Mid Term Group Swing to the upside.Some of you do NOT have time to Day Trade. Which means you do not have time to margin trade with low leverage in the scalping group of time frames. Which means some of us place a limitation on ourselves that keeps us from having a chance of selling at or near the top or buying at or near the bottom. Therefore, that person should NOT beat themselves up over the head for not being able to do what they have not POSITIONED THEMSELVES to do based on the limited time they have available.
However, if you do have the time to day trade and scalp using the scalping group of time frames, you can take full advantage of margin trading with low leverage these swings in the scalping group of time frames. However, BE ADVISED... you will find yourself closing a position quite often in a scalping group of time frames as compared to how little you would close a position on a Mid Term Group Margin Trade on a little higher leverage. I'll explain more on another platform in the near future.
I hope this publication makes sense with what little I have mentioned. I know some of you are just now joining me and may have bought in (accumulated) at or near a potential top and wondering what to do. Unfortunately, I cannot tell you with a better certainty (confirmation) we are going down just yet because I have not seen that confirmation yet. If you had the time to day trade and scalp using the scalping group of time frames, I could have told you what to do. HOWEVER, I'm currently not providing scalping signals. I'm too busy with other projects that MUST get done during the first quarter of 2021.
Have a Happy New Year... Happy Trading and Stay Awesome!
David
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