Crypto Trading Education & Analysis _Free Telegram _t.me/tortoisetrading __
Galapagos, Ecuador
Joined July 2018
- Tweets2.1K
- Following576
- Followers5.6K
- Likes2.5K
TortoiseTrading retweeted
All the time you spend checking your P&L is a complete waste.
You're wasting time; you're wasting energy... and for what? Some micro emotional high?
This is no way to go about this.
Set limit orders and go live your life.
Invite more balance in your approach to trading.
TortoiseTrading retweeted
Trading reveals to us our patterns of fear, greed, attachment, and inflexibility; it also gives us a chance to rise above.
TortoiseTrading retweeted
Q4 Prediction: $XTZ Will be a top performer
What are your Q4 predictions?
TortoiseTrading retweeted
A trader will gain in confidence as he:
• Develops a trading strategy with a positive expectancy
• Gains market experience
• Understands the importance of risk management
• Knows himself better
TortoiseTrading retweeted
Some of the most harmful trading issues - ignoring the nuances:
-Bidding too much too early
-Not waiting for the close
-Market executing for smaller RR
-Undersizing good setups
-Referencing PNL not execution
-Too many positions
-Cancelling a trade without asking questions
TortoiseTrading retweeted
The thing when you follow your plan and trade well is that the results will have a lag time ―it might be one month, it might be 6 months...
This means that you have to keep pushing, trade well, and never let yourself get destabilized because you're not seeing results right now.
TortoiseTrading retweeted
Some definite differences in structures (especially coinciding HTF), but I'm seeing a lot of similarities between current PA behavior (think cycles) in comparison to the accumulation period between 3/4k. Just something I'm observing. Providing two comparisons... one with MAs.
TortoiseTrading retweeted
Keep this in mind: Not every day will be a good day in the market.
Set your expectations straight, maintain composure, manage your risk well, and keep trading.
TortoiseTrading retweeted
A loss is just a learning experience.
But most traders see them as a dangerous assault on their sense of self-worth.
In turn, this undermines their self-confidence, impairs judgment, elicits fear of failure, saps their energy level and motivation, and spurs impulsive behavior.
TortoiseTrading retweeted
I speak from experience―find a way to make peace with your losses; understand their inevitability; learn to take controlled losses gracefully.
If you don‘t, you‘re likely to expect things from your next trades, just to get your previous losses back.
TortoiseTrading retweeted
What is the rule you've implemented into your trading system that you feel has helped you the most?
TortoiseTrading retweeted
What is most broken about your trading system? What is staring you in the face causing you the most pain?
Focus on this one piece. Write it down and keep it in front of your face every day until you overcome it and make it habit.
Then, find the next most broken piece and repeat
TortoiseTrading retweeted
$BTC If the daily closes below $12,350 I see this scenario playing out as highly likely
1/3 $BTC Lets travel back to July 2016...
-Price has gone parabolic and tops out at 800 the .618 level
-Price drops 25% and bounces from the .382 level then consolidates
-Price breaks down to tap the weekly 20MA + bounce off the breakout level
This cycle's PA is similar
TortoiseTrading retweeted
A Healthier Approach To Trading in 5 Simple Steps.
1. Follow your plan.
2. Focus on process, not outcome.
3. Work smart (limit screen time, use contingent orders, etc.)
4. Worry less; think positive.
5. Exercise and meditate daily.
TortoiseTrading retweeted
Hey y'all!
If you guys have found my discord useful in any way, please share it with your friends and family so we can collect all ze $BTC together.
Invite link: discord.gg/scYtXn6
😘
TortoiseTrading retweeted
I urge everyone to sign up to this
Well presented, solid and informative news, up to date TA perspectives, educational content and much more all in a FIVE minute read!
Great job @TortoiseTrading and @Broccolex, looking forward to the next one!
The first edition of our Crypto Market Newsletter, Halvening, will be emailed out tomorrow!
Learn which $ALTS we're excited about and more!
Subscribe here: mailchi.mp/615ea775f177/halv…
TortoiseTrading retweeted
-June 13 7 UTC: $BNB price breaks ATH and tops at 36.37
-June 13 14 UTC: Binance 2.0 released to 1% of users (BNB shortable on margin)
-June 14 6 UTC: Binance announces USA trading ban
When $BTC became shortable to big money, that marked the top on Dec 17 2017
Hmmmmmmmmmmmmm
