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RE: LeoThread 2023-09-24 16:55

in LeoFinance • 8 months ago

1/ 🧵 Trading can sometimes feel like a game of hide-and-seek. You think you've found your way to success, but suddenly, the market throws a curveball. These curveballs, are what traders call "traps." #outreach #web3

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2/ 🧵 They come in two : Bull Traps and Bear Traps. Let's dive into this where prices deceive traders, and big players play some tricks.

3/ 🧵 In the trading world, a bull trap happens when prices seem to break out to the upside. So, traders excitedly buy in, thinking they're on the road to the moon.

4/ 🧵 A bear trap happens when prices look like they're going down. So, traders start selling, expecting to make a fortune from the falling prices.

Trading isn't as simple as we thought or think we can't 100% predict the market it's fun when we are winning on trades though

Yes exactly you just try to trade with the highest probabilities !