CRYPTO MARKET WIZARDS

Your current struggles are the cornerstone for tomorrow’s success. These struggles are important and required for your improvement as a trader and as a person. Learn from it. Study it. Embrace it!

Trading is like a game of chess. You must plan future scenarios & outcomes first before you make your move.

@EncryptoSuper @RealKaba It truly does and as a consequence you can manage yourself much better when you are in the market.

Trading is a gradual process... - Time will make you gain skills - Mistakes will make you a better trader - Experience will make you understand markets Trading is a process of self-discovery.

@RealKaba All your points are generally valid. Except your point 4 😂

@CryptoMWizards Something I learned along the way from being stopped a lot, but having the move direction right (being the liquidity) : 1) don't enter yet 2) set limit order where I would have set stop loss 3) set SL of limit order at new location based on limit order location. 4) lambo

If you're getting stopped repeatedly it's because: 1. Your stop is placed in an area of liquidity 2. You’ve misread market context/structure 3. Stops are too tight for that setup Widening your stops can affect your R:R but taking optimal trades will allow for tighter stops.

@DDemaask Shift in approach 😉 Rather than only give trades and nail them, thought to nail the core tenets of effective trading 📝

@CryptoMWizards Dude I am taking these posts as screenshot and put them on my wall. Keep them coming 🙏🙏🙏

To eliminate greed --> Follow your rules To eliminate rage --> Focus on the next trade To eliminate anxiety --> Reduce your position size To eliminate fear of losing --> Think in probabilities Master the right mindset for successful trading.

My 5 principles of trading 1. Plan your trades in advance 2. Trade only high probability setups 3. Set take profit targets; lock-in gains 4. Trade with a stop loss; minimize losses 5. Never add to a losing trade

One trade can wipe out your trading account. One trade can damage your confidence. One trade can ruin your mindset. Risk management is such an undervalued trading skill.

@VECTORCP 🥂

@CryptoMWizards Happy new year king!

You start with expectations of making millions. Year 1 is bad Year 2-3 is better Years 4-5 is exceptional Years 6-7 you're managing a sizeable portfolio Trading is a journey. Act accordingly.

@RealKaba Well done. This puts you in the top 5 percentile. 🥂

@CryptoMWizards I registered a business for my trading at the end of 2022 and will have set up in 2023 - have some learnings to do there but will have it all set up and functioning before tax season. I also laid out my schedule and plan for learning and education this year. This is my #1.

Are you done with your cute new years celebration? Now on to a serious topic. Have you mentally designed what your life should be in 2023? Have you intentionally planned in detail all the specifics? If not, then I command you to do so now. Otherwise, mediocrity awaits you.

@RolechaCrypto 🤝

It does not matter how fast you make money. What matters is whether you are able to hold on to it and grow it steadily over a period of time. Wishing you all a wonderful New Year and hope it brings you many blessings! ❤️

@thekryptone ❤️

@CryptoMWizards Happy New Year Wiz. Thanks for being a voice of reason in crypto Twitter.

@RealKaba ❤️

@CryptoMWizards Happy new year! Thank you for all your contributions over the year. All the best in 2023 to you and yours.

Avoid casual trading! Casual trading is poorly planned trades or trades that are not planned at all. It's an unorganized approach that attempts to include an unlimited set of market variables, which do not allow you to find out what works on a consistent basis & what does not.

@RealKaba Good to hear it impacted your trading journey in a positive way 🙂

@CryptoMWizards Thank you very much I appreciate it a lot A long journey since the earlier days - didn't know what I was in for 🤣 Dedication to learning has been key to growing. Countless hours Plus you personally had a great impact on my journey and give me a target of skill I strive to hit

IF you had a say in the market. Would you like the #Bitcoin low to be in OR would you prefer lower prices?