TA Challenge: Are you a left-side or right-side trader?
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Simon33
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joined discussion · Jun 27, 2024 00:38
Right-side trading for less risk
I prefer right-side trading. I believed right-side trading is of less risk than left-side trading.
In order for me to realise successful right-side trading, i need to have entry or 1st buy on the left-side that can force me keep touching or feeling the market pulses.
Picture 1: SIA investment trade history showed 1st entry on the left side, and more added buy on the right side.
Picture 2: $CIFR trade history showed my 1st buy on the left and many more buy on the right.
The technical indicators I use for my trading style decision is Moving Average and DMI as shown in the charts above.
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101738773 : it seems like CIFR is on the uptrend long term. but do you think it's a good time to enter now or will it drop to the lower band?
Simon33 OP 101738773 : I hold my position tight. Fri closed on a major support. BTC Reversal is still valid.