Dogecoin
Éducation

Making better decisions

572

The primary goal is to identify the theme of the market and consider how best to solve it.

My decision making is based on two basic principles. Marco/micro or inside/outside view

Macro/Outside view
1. Barometer: Bitcoin as the main indicator
2. Collective wisdom: The crowd
3. Cot data: Institution and hedge funds

Micro/Inside view
1. Technical : Chart Patterns and other technical that resonates with your decision making
2. Edge: Advantage with higher probability
3. Money management: How much to risk, stops adjustment, trailing stops, targets, cutting off position etc
4. Knowing yourself: Understanding your strength and weakness

This is the checklist i follow to make decision.





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