- Choppy markets (like choppy seas) is where the majority of traders see their account eroded, dollar by dollar... scrambling to make up for lost opportunity and lost funds... only to get chewed up and spat out by the Whales who rule the ocean. Zoom out to the weekly chart right now on bitcoin and see the tidal wave forming that may come crashing down. Look at that weekly setup and ask yourself... would I buy here, sell here, or wait?
- The answer is 'it depends' on the risk/reward ratio of take profit targets and stop loss positions on the lower time-frames.
- Algo-assisted trading is becoming ever more important and practical to help assess historical viability of specific trading strategies.
- For those of you trading on the emotion of the moment, focusing on short time frames, ignoring the bigger picture of the long time-frames... are you trading... or are you in fact gambling?
- SparksterSignals will help either way. There is opportunity in every market condition.
