/biz/ - Business & Finance

One of the most rudimentary practice techniques is to change the timeframe to something lower than daily (so you get more bar history). Load up your preferred setup, close your eyes and scroll it far far back. Keep hitting the right arrow key for each bar and see how your reading is. If you want to buy or sell, write it on a notepad (short @___) and then keep moving forward with the arrow keys and manage your trade.

Gauge how well you're doing. I do not recommend paper trading for long because you fool yourself so easily with it. Trade with real money because it's about emotional development too. Put $1 on per trade - you're not gonna go broke this way if you play reasonably.

>>3583618

Another for those interested.

>>3521148

I'm a pretty good trader with a good read. I spent about 3 years in Al Brook's (awesome grizzled old guy who has been trading for ~30 years) trading room so I understand how to trade. I stopped for a while because I was trading ES futures and and it was stressful to me. But yeah, good recommendation to at least know what you're doing first. That or HODL.

Pic related was what I was thinking a few days ago. I accidentally got temp banned from here for posting tits. Woops.

But anyway... yeah I want to put that $16k in bad. I just feel like a crazy person throwing it all into 1 instrument. Even though I know the value and potential for bitcoin to get even bigger.