What’s good guys?
I have managed to find a moment to address you all so that i bring some structure behind the hybrid strategy….
I anticipate that those who have just stumbled across the channel are sensing that this strategy is out of the norm, especially on the youtube channel…
Whats interesting is channels now talk about market makers, when before it was whales, indicators, and whose thumbnail was the most impressionable…
Please keep in your mind… The hybrid strategy is a day trading strategy…
If everyone across the board is expecting a drop, it doesnt matter to us, why? Because when price dropa to a zone, we are going to be ready to trade price back to the 50 or the 200, you get the idea…
Most of the reasons why traders lose in this game is because they are not behaving like traders. They principly understand that trading means buy and sell, then we have the types of traders, scalpers, swing traders, position traders…
The longer you hold positions for the greater the chance you risk your capital… Granted if you catch a big move, wonderful, but not many traders do catch the biggest moves…
I like paying myself… I trade like a market maker.. Im in amd out… Now a market maker has not got the luxary of dumping billions in one trade… Why? Because he has to maintain the market place, he must create the atmopshere of fair exchange between buyers and sellers, in other, induce the mindset of the retail trader of instant wealth creation…
Now what i am getting at is this… Short term day trading is understanding the complexities of proce movement on shorterm time frames… Everyone in the industry tells you to stay away from smaller time frames because its too chaotic and you cant gauge true direction… Yet market makers exexute orders and build their positions from the smallest increments in price… Why would you not what to study the smaller time frames… Ask yourself a daily candlestick is a whole days worth of price action… Is it not true to say that you would make a ton of money if you had got in the trade before the daily candle closed up for the day? In other words, smaller time frames bring you into the development of the candle… That information is critical…
So even if bitcoin is dropping or rising… We come to the chart and look for key notable areas that we understand and can exploit… Take a position, get paid, rinse and repeat…
Have no bias to direction… Focus on how they move price (candlesticks) and your trading will be more relaxing…
Trade well my friends
Tino.