I'm starting to get a little tired of the game we're being subjected to.
Movements in range for months, the occasional long candle to get rid of some insect...impossible to do a good day-trading these days, besides, if you do it as is my case too, risk management is more important than never.
The month of September ended disastrously in my scalping account with -11% of its value...it's not much, but if I hadn't done rigorous risk management, I'm sure it would have gone to zero.
In times like this the only thing we need is to be rigorous and not let our minds go thinking that we bought the bottom... therefore, the best thing is always to do a DCA, in my case on a daily basis... always the same amount of dollars, sometimes more expensive, other times cheaper....but this is the only effective way to deal with this painful range.
Some say that we will soon see fireworks in the market...others say that the BINANCE situation does not suit us...
Who will be right? Nobody knows...we have to continue accumulating yes or yes.
Posted Using LeoFinance Alpha
DCA is certainly the best way to deal with the current situation if you want to stack. 👍🏻 Doing the same on a weekly basis
It sucks to hear that you are down for the month but we are in a sideways market. Good job on your risk management.
Time will tell, no body knows anything.
Dca is the best solution in this situation. Just buy is on every dip.
#hive #posh
What's going on with Binance now again? !wine