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Author Topic: What went wrong here?  (Read 369 times)
Ridwan Fauzi
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September 06, 2020, 11:00:33 PM
 #41

Symetrical triangle have 50% price fall and 50% price up and yeah it will make confused for the trader. So, you may have to use another strategy when you find the symetrical triangle again, I mean you have to combine with the other strategy. I myself, always combine with fibbonaci retracement, chart pattern and candlestick pattern also with the fake out strategy.

With those strategy I'll have many possibilities and I'll never take an entry before I have a signal like using candle stick pattern. When you trade you may need to see another thing that will happen, I mean you have to make at least three possiblities/strategies so as when the firsf strategy gone wrong you have two strategy again to recover your loses.
Shasha80
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September 06, 2020, 11:38:10 PM
 #42

I have seen the trading chart that you shared, I think you have bought ALGO at the right price. But crypto is sometimes difficult
to predict, prices like to change direction suddenly. All you need to do now is still be patient, hold ALGO that you have bought,
until the price goes up again. But to make it safer, it's a good idea to use the stop loss feature, if the ALGO price continues to decline
by -10%, you should just sell at a loss to save the capital you have.

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