Bitcoin

[2] Risk Management & Market Psychology.

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Wanted to expand a little bit on my prior post, in which I explain a few more key concepts.

- Risk Management
- Laddering (DCA'ing) into trades
- Identifying the highs/lows
- Market Psychology
- Wave timings as a reflection of momentum

Most the information is on the sheet, and I prefer to keep little snippets or pockets of information, so this leaves you all to go and do your own research, where you will absorb it a lot more.

This is all very much a sneak peak of what is to come. Expect sometime in the future to have a copy of all my knowledge in a book, this will help give you a chance on developing an edge in the markets, which can be applicable to any asset.


From my prior post, we saw the bullish count come into play in which the 1.618 fib extension was a perfect place to take profit and look to add back on the dip.

snapshot


Many thanks,
Anon.

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