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NebraskanGooner📈 Profile picture
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2 Aug, 4 tweets, 2 min read
#Ethereum

4H bearish engulfing candle on increased volume. Image
I simply stated a fact based on what has happened on the chart.

I'm not acting on anything. I'm going to watch the USA game soon with my brother who is in town.

It is possible to not be in a position at all times.
The last "by definition" bearish engulfing candles on the #Ethereum 4H chart were back in mid-July

One was in a local uptrend; other local downtrend

All other candles that looked engulfing didn't meet 100% of criteria & therefore were not technically bearish engulfing candles Image
This is why I use the verbage "by definition"

There can be multiple interpretations of even these candles. But for a newcomer you would start with one thing at a time and build your knowledge from there.

I aim to not confuse as best I can. Image

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More from @nebraskangooner

NebraskanGooner📈 Profile picture
4 Aug
Went against my own rule & got stopped out on this 1m scalp

Rather than waiting for a 1m close above invalidation I just closed manually as I wasn't going to get stuck in a big green candle if we popped through resistance

When scalping it's all about small losses and killer R:R Image
Of course I'd never FOMO back in late.

I just wait for my next killer R:R opportunity and have a go. Image
And then I can add a second position with even less risk and my 1st trade is still valid.

But I'll never fight over and over and over so if stopped here I would be done going against the grain. Image
Read 8 tweets
NebraskanGooner📈 Profile picture
3 Aug
Just hired a bi-weekly maid so my wife will quit getting mad at me for not cleaning (fair complaint).

Now do I tell her I hired a maid or do I take full credit? 🤔🤣
Let her in through the garage so it doesn't show up on our ring doorbell and take full credit.

And also don't bang the maid.

Got it, thanks for the marriage advice everyone! 🙏

She's coming today for a deep cleaning. We'll see what my wife thinks about it when she gets home.
I go downstairs to find the maids both sitting on the couch petting my dog and the Roomba vacuum running...

Well played... well played.
Read 8 tweets
NebraskanGooner📈 Profile picture
24 May
Trading vs investing quick thread:

If you're a trader --> take profits at predetermined time/price intervals

If you're an investor --> HODL. Shave profit when price goes up, move that out of the asset and reload more with sidelined cash when price goes down.
If you're a trader trying to HODL -->

Then you're not trading and aren't making money.

This is what traders do:

We see price go from A to B and take profits. If you're too greedy at targets then you'll just get out of sync with the market when it goes back against you.
If you're an investor trying to trade -->

You have no business trading. You haven't studied trading you're just impatient. Emotions will constantly f*** with you and you'll likely lose money FOMO'ing in and out of assets and pump chasing

You still need profit taking strategies
Read 4 tweets
NebraskanGooner📈 Profile picture
4 Jan
Tips to improve your success in 2021 and reach your goals (small thread):

1. Rely on SYSTEMS, not willpower.
Set up reasonable systems and goals. Be disciplined and follow through. A system is well thought out and often times more successful than spur of the moment judgements
Focus on current habits you can improve, don't look ahead to vague outcomes.

"If I do this, I will make XX amount of money in 6 months."

Instead focus on building better habits now and the results will follow

If you can't fix the habit, the desired outcome won't happen anyway
Always be flexible, don't be stubborn

Set dynamic goals, be willing to adjust them if they aren't working out. Don't force something that will not work for you.

We're all different and must specify our goals to our specific lifestyles.

Review your goals/progress once a month.
Read 4 tweets

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