SEAN_VENGAN

LITECOIN WINNER current $58.78 13Oct17

BITSTAMP:LTCUSD   莱特币/美元
We have hit target on our R:R 2.74:1 trade.

Well done to all who took this trade!

New traders are under the infantile impression that one trade breaks the bank and have never heard the term STOP LOSS.

They have a GREAT DEAL TO LEARN and unlikely to make any monies in trading and be the 90% losing traders they are.

This R:R 2.74:1 trade eats up a 1 loss.
(this excludes the earlier R:R 7:1 win on Bitcoin             )

ONE LOSING TRADE IS INSIGNIFICANT AS WE HAVE WINNERS THAT EAT THIS UP ALL THE TIME.

NEW TRADERS STRUGGLE WITH THIS BASIC UNDERSTANDING.

THey have never traded before and therefore HAVE DIFFICULTY UNDERSTANDING THAT THERE IS NO SUCH THING AS 100% WINNERS.

TRADING IS ABOUT WINNERS AND LOSERS - OVER A SERIES OF TRADES WE AIM TO BE NET POSITIVE

Professional Advice:
What value do these non-traders (99% the time 0 analysis and 0 followers) provide TO YOU except jealousy and hate and abuse?

Do they provide anything that helps you find winner trades that will grow your capital or help you learn trading?

Note their SILENCE on winners conveniently ignoring these as they crawl back from underneath their rock.
评论: We answer our critics by conducting ourselves as professional adults consistently showing our NET trading performance not by stooping down to their infantile behaviour they display through lack of trading knowledge and experience. The children need to be taught how to conduct themselves in public.

They will inevitably become the statistically proven 90% of losing traders.

p.s note their silence now
评论: ETH is starting to show some life for those interested...
Agree. ETH should be on the next trend up to retest the $400 high
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I notice you didn't link to your original trade idea (i.e. https://www.tradingview.com/chart/LTCUSD/ZBWgn1Nr-Litcoin-LTCUSD-Long-current-52-53-6Oct17/), but rather a new screenshot. On the original post, traders would have been stopped out at the recommended SL.
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Appreciate not only your view but also that you are so specific!
Thanks and great day man!
+1 回复
@sean9, ;)
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Whats your opinion on NEM ? Isnit worth for long term invest?And did you see bitcoin pull back price soon?
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Is it reasonable to move the stop loss as the price is rising or would you say it is better to leave it at the original place to allow the trade some movement?
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SEAN_VENGAN MatissLiepins
@MatissLiepins, @MatissLiepins that always the $20,000 question - how so I manage the trade when I'm in it?

My advice is you need to first develop some general rules but then customize as you understand the characteristics of that particular crypto, stock, fx pair, futurs contract, option etc...

You must learn to get a good handle on each crypto you trade example Bitcoin does nothing for periods of time and then boom its off again.

Make sense?
+4 回复
SaurabhGoel SEAN_VENGAN
@SEAN_VENGAN, Thanks a ton!
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Thanks Sean. Don't let the haters get you down!
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@JordanKologe, ;
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