🎯 In the world of trading, we call that phenomenon rejection. The price tried to "touch the sky," but the sellers gave it a dose of reality and sent it back down. That "exhaustion" is one of the most powerful signals to know that a trend is about to change.
🛡️ Topic 3: Trading and Security (The Trader's Shield)
This is the most important topic. Many novice traders lose their money not because they don't know how to read charts, but because they don't know how to manage risk.
To trade, we need an Exchange like Binance, which is the platform where we exchange our cryptos. But the most important thing is to understand how to buy:
1️⃣ Market Order: You buy "now" at whatever the price is. (Quick, but sometimes expensive).
2️⃣ Limit Order: You say: "I only want to buy if the price drops to X amount." (Patience of a hunter).
3️⃣ Stop-Loss (Your best friend): It is an automatic order that says: "If the price falls from this point, sell everything to avoid losing more".
> Metacognitive Strategy: Before entering any trade, ask yourself: "How much am I willing to lose if I'm wrong?". If you don't have that answer, it's not trading, it's gambling. A good trader protects their capital like a treasure. >
🧠 Domain Questionnaire
Let's see if you're ready to handle your capital. Imagine this situation:
You have $100 to invest in a cryptocurrency that costs $10. You decide to buy because the chart looks good, but you don't want to risk losing it all if the market crashes while you sleep.
Which of these actions would be the most professional?
* 🅰️ Buy and check your phone every 5 minutes all night long.
* 🅱️ Set a Limit Order at $12 to sell for a profit and forget about the risk.
* 🆑 Set a Stop-Loss at $9, so if the price drops by 10%, the platform automatically sells and you protect your other $90.
Which one do you choose? Tell me your answer!👇
#Riesgo #RiskManagement #RiskControl #AnfeliaInvestment $XRP
