The Composite Trading Strategy pt. I
Let's learn how to trade!
I asked what you all wanted to read and learn about and the majority (52%) voted for: ‘Learn how to trade’ — So, let’s do it, let's learn how to trade! In this post I will be sharing my own ‘composite trading strategy’, it is a consolidation of everything I have learned over the years and touches up all the data and techniques I take into account while placing a trade.
Now, first off, trading is trading. Trading is not investing. This is a very important difference, investing is about doing a fundamental research on projects and investing for a longer term at prices that reflect a project below it’s long term potential value. Trading is much different. In trading, fundamentals do matter, as you should have a reason why a given project is over- or undervalued - this gives you an initial idea whether a long or a short would be fit. However, there’s much more. Trading is all about the short and mid term, not the long term. I have to say, trading the current ‘choppy’ market is difficult, very difficult! Prices fluctuate heavily with many traps, where market makers try to hit your stop loss or liquidation point. Therefore, I advise the outmost caution, only trade with a fraction of your portfolio (max 1% for beginners and 10% for experienced traders) and only take the best set ups and above all practice first — you don’t miss out on anything in the current market, learn now and benefit later. You can even use a paper account if you’re a beginner!
Trading is all about finding a set up, it is much less about your exit point but mostly about finding a right point to enter. When price moves away from your entry and you are in a profit, you manage your risk, when price moves away from your entry and you are in a loss, you again, manage your risk. Above all, always pay yourself when the market gives to you because a few hours later a profitable trade can turn into a big loss!
In this post I will show you how I find my entries. When should you go long or when should you go short? How do I make order in my head and point out the right data to be confident with my decision to place a trade? In this post we will find out — given my strategy is quite unique and not the whole market has to know about it, this post will be for paid members only. Yes, that sucks, I see you thinking it and I understand. Please remember that I spent multiple work days to write you this posts and I grew this community organically, I literally know none of my followers. If you believe my posts should be free, then I would ask you, do you spent multiple days a week writing content and doing research and publish your work for free to an audience you don’t know? I don’t think so. Good part is that I’m not trying to rip you off, with the knowledge I share you should easily make back your money with trading (using my composite trading strategy) or investing (you’ll get a full overview of ALL the crypto projects I invest in during the bear market). So, my weekly newsletter isn’t highly expensive, you get all access for 12$ a month or 100$ a year — this is a discounted price for my early community. For the OG’s, there’s a founding member package for 150$ a year, they will get access to exclusive videos where I elaborate on topics. Don’t worry though, as you can see from my latest posts, my writing is pretty extensive as well. You could try it out for a month and see if it’s valuable to you, 12$ is not the end of the world and I bet you lost much more than by making mistakes with trading or investing. If you would like to know more about me you can read my introduction post here and I just want you to understand my goal here: to create an exclusive and profitable community: the 10x Club — if I would give away everything for free and anyone could access it, we would lose our advantage to the rest of market, wouldn’t we?