PlakhotnikovMind

There are no easy paths.
There are the right ones.

I write about discipline, development, and crypto as it really is:
honestly, simply, and without unnecessary noise.

There are no promises of quick success here.
There is only work on oneself and knowledge that helps avoid foolishness.

If you want to grow — you are in the right place.

Continuation
What else to look at on the charts?
Growth or decrease in volume, figures (reversal, continuation), auxiliary tools can indicate a direction like MA5, MA10, RSI, etc.
Each of these indicators separately does not give you a guaranteed entry point, together they can indicate the direction of movement.
Why is this needed?
Because if the chart shows its likely growth, then you need to buy and see to what level this growth will reach, and there prepare orders to exit the position or to lock in profits, and set a stop for the remaining position))
So for beginners, start learning the charts and don't be fooled by TikTok experts))
Wishing everyone profit!))

a little about the psychology of trading

Good day )
So about the deals
Has it ever happened to me that I jumped into a deal, like opened the chart, saw something and boom you are already in the deal))
Yes, it has happened, but the result was almost always a loss!!
Then I grew up a bit, stopped doing that, because I realized that using a strategy that leads to stability and consistency is better, more reliable.
I suggest looking at how to find that very deal
1. Make a review of the coin charts, it's better to do this daily, so you get used to the charts, you will start to orient yourself faster, you will begin to see levels even without drawing them, etc.
So what to look at on the charts, and which charts to use))?
Levels -- these are conditional lines from which the chart is pushed off, which it cannot break through.
Trend channels -- these are conditional lines within which the chart moves, rising, falling, and sideways.
Which charts? Depending on how you trade. Day trading, medium term or long-term investments. Each strategy has its own charts, but the daily chart is mandatory for all. Why? Because here you will see the trend, here you will see the levels. Here you can make a movement forecast for today

More to come...

Someone thinks that the best deal is the one that "pours"😁 and the more the better))
This is only one side of the coin
Because the best deal is the one that you prepared for with patience, researched, waited for a more favorable entry point, created an action plan, and only then the deal itself.
Let's talk about this tomorrow))

When I was learning trading in 2007-2008, we were taught this: before starting to trade, think through a plan.
And indeed, when there was a trading plan, everything seemed to go better))
As soon as there was no plan, there were some chaotic movements, some trades that were plus or minus as if I was trading but there was some feeling of dissatisfaction)))
So newbies, or those who are already gurus, just a reminder for safe trading and satisfaction))
Good luck

#ризики a little information regarding the risks

What to say about bitcoin today
it's still too early to talk about a return to an upward trend)
but I hope it won't go below 64000-60000
Although there is a risk, as the fear index is off the charts, which creates such a wave, large players are buying while small players are panic selling. If it breaks this important level, we can expect it to go down to 50000.
But already at this level, purchases are being made
for those who want certainty, points for entry should be considered after 80000-84000
wishing everyone good trading and be careful, don't forget about stop losses))

Good morning ))☕
Sunday -- a day off))
I hope it will be just like that))
Rest is important, you need to air out your brain, relieve tension, and just get some sleep)))💤😴
It helps))
For those with children, whether small or big, spend at least a couple of hours with them))🚸
Let the trade wait)) 📈📉📊💹
A little later I will make a brief overview, on #BTC.

Good morning )
Have you ever felt like you are not in your right place?! Especially when you work at some enterprise and have a boss who lives by the principle -- I am the boss, you are the fool.
Some feel that trading is not for them. Some would prefer to engage in creativity, others want to produce all sorts of technological gadgets and much more...
But you need to live off something, feed your family, dress, eat.
I say this to point out that it doesn't matter if you are here in your right place and just enjoying the process, or if you are just here to earn money, you need to understand that the market does not forgive mistakes! It simply takes away what you are here for!
I am subtly hinting that you need to develop in trading just like in all other professions, to become a professional. From time to time, remember some basic things, read something, listen to some developmental broadcast.
There is a saying: everything you focus your attention and effort on begins to develop!!!
So don't stand still!! Learn, experiment (but be careful in your experiments), implement new methods and achieve success!!!
Wishing everyone a good day!
P.S. Share if you have such days for developing yourself as a trader? What exactly do you do for development?

A few tips for beginners and reminders for everyone)
1. If you're unsure about the entry point -- look for a better one. It’s always there, you just need to find it.
2. Don’t trade with your entire deposit! Your goal is to multiply, not to lose.
3. If you’re feeling unwell, in a bad mood, intoxicated, etc., it’s not worth trading))
4. Do not trade during speeches by the head of the Fed, or any officials related to trading in any way.
5. Don’t be greedy. Set a goal before entering a trading deal, and set a "STOP". Reach the goal or adjust the stop loss high, or close the deal))
good night everyone, hope you had a great day)

Good morning everyone ☕
Who loves coffee in the morning?!
Well, I know that a lot of people enjoy their morning coffee. Morning coffee is that time of relaxation before work or trading. Morning coffee is a time for reflection and planning. Morning coffee is an opportunity to be in silence because the whole day might be very busy. For some, morning coffee is a time for prayer. Morning coffee is simply a time of enjoyment))
There are three stages to morning coffee:
1. Aroma. This is when you open the coffee and the aroma fills the room. You already start to feel the coffee, you are tuning in to what you are about to drink, that aromatic beverage.
2. This is the drink itself. You drink the coffee and enjoy the taste. You simply feel how the taste of coffee fills your entire perception.
3. Aftertaste. This is when you have already finished the coffee but you still continue to feel the taste of coffee. Sometimes just the mention of coffee can spark new sensations.
What am I getting at?
In trading, it is the same, there is a time when you tune in to trading, you somehow feel what you are about to do. Then comes the trading, the pleasure from what you are doing brings new sensations.
After the trading is done -- the aftertaste, what will it be like?!
depends on you)
Wishing everyone a successful day and profit))☕

What else is there to say? A spot in crypto is the simplest form of trading, you just need to learn how to read charts))

Many traders are looking for a super tool!!))
Like one that gives signals so that it’s a hundred percent 💯
And this tool exists! But it needs to be pumped up a bit))
Once I was talking to a millionaire in a group with his colleagues, the first phrase I heard from him was: "Don't ask where to invest money"💸💸💸
We understood it like this: I will advise you, you will lose, and I will be to blame.
But that wasn't the main reason; the main one revealed itself during the conversation.
He just wanted each of us to decide for ourselves where to invest. He researched, made a decision, took responsibility, weighed the risks he was facing, etc.
Because the best investments are the ones you make YOURSELF!!
Hence the conclusion:
Is there the best tool?! YES -- it’s YOU!!!
Develop yourself, learn, trade, make mistakes, analyze -- pump up your hero🦸‍♂️
BECOME the best version of yourself!!

A little life motivation))
In Africa, a gazelle wakes up in the morning and starts running because soon a cheetah will wake up, and if it doesn't escape, it might become his breakfast😁
After a while, the cheetah wakes up and starts running because if he wants to have breakfast, he needs to run a little faster than the gazelle)
So it doesn't matter who you are, a cheetah or a gazelle, when you wake up, start running!!
good night ))

I would say that there are more speculations with gold than with crypto.