Peter
Peter 1 minutes reading from Bitcoin

BTC Trading 101 – ASpects, Mixing and Seamless Order

BTC

u can at times hear a lot about TA

the thing is this

there are MPs that have lots of information/datapoints, research capacities, lot of chips, access to networks aso

and then theres us

our approach to trading has to be more shortcut like and superficial by nature

/1

/2

price formations, price action patterns, pattern recognition, volume, orderflow, odds

not bc its "superior" (to the contrary) but its the things we have access to to make an assessment about mkts, odds aso

so the point is not if TA works or not but how u can make it work

/3

to a certain degree with being fully aware of the limitations which that approach obv has like variance, "luck" aso

so adjust u expectations accordingly

4/

so....theres no need to be upset (about outcomes) like a certain person on CT likes to say...

🤓

what i mean is that ANY approach based on price formations, price action patterns, pattern recognition, volume, orderflow aso has to be "superficial" by definition...

thats not a bug...thats a feature

makes it a bit easier to deal with on a emotional level imo

This post is based on this twitter thread.

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