Chainlink, Tops and Bottoms. Opportunity up and opportunity down

4 ago 2021

Benjamin Graham -"In the end, how your investments behave is much less important than how you behave." Placing longs at top is bad, but placing shorts at the bottom is much worse. Before entering any position I try to identify if the market is in a down wave or a up wave. It can be helpful to identify the waves in all frames of time, 1min, 5min, 15min, 30min, 45min, 1hr, 4hr, 1day, etc. It takes a lot of patience sitting and waiting for all the stars to align, but enviably it happens. The best trades are focused on the tops and the bottoms, the don't worry about the bs in between. You have to accept the fact that you can make money both ways, Longs fund the shorts and Short fund the longs. Theres opportunity in every direction.

Happy trading!