THE MOVING TRAIN, An ANALOGY on When to enter a Trade

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Today I'm going to tell you about the moving train and how it's related to trading. When you arrive at the train station late for some reason and you see the train already leaving, do you try to run into it or do you wait for the next one?

If you keep running into the train at the last minute, you're very irresponsible and one day you're going to fall on the tracks.

Same with trading, when a coin pumps, that train has already moved. When it pumps 5% it's like the train is just getting started, so maybe you can still get in but it's still risky. When it pumps over 50%, that's the train moving so fast that if you try to get in, you will most likely get burnt.

So, always wait for the train to slow down, when a coin pumps, just let it go, don't chase it, when it dips you can buy again and if it never dips then great anyway, you'll get into another train.

Remember, what goes up must come down and if it has already gone up, what do you think comes next ? Cheers!

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Comments

Good. Now I have the idea.

$ 0.00
3 years ago

I'm lucky to read this, there's a lot lesson on this article, short but very informative ☺️ in your new subscriber now

$ 0.00
3 years ago

Nice analogy. If you try to catch up the train, you lose all your investment and if you are at the station, there will so many trains that you can embark on 😌

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3 years ago

I will not be irresponsible when trading. I was built to overcome obstacles i shall never miss the Train..

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3 years ago

I really learnt a lot from this article..thanks

$ 0.00
3 years ago

A great way of analogy to introduce the perfect time for trading. πŸ‘πŸ‘πŸ‘

$ 0.01
3 years ago

Your articles are always so easy to understand, thanks

$ 0.00
3 years ago

I understand this thank you. Like I've said I am learning from you. This is best to understand trading for a amateur like me.

Thank you and more like this analogy.

$ 0.00
3 years ago

Interesting

$ 0.00
3 years ago

Interesting analogy. I've learned a lot. Don't chase the train if it is run so fast. You have to wait and when it's slow down you can ride on. It's very risky if you continue to chase the train or the coin pump. You can fall and get hurt. Thanks for the advice.

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3 years ago

Great analogy

$ 0.00
3 years ago

Good information, keep up πŸ₯°πŸ₯°

$ 0.00
3 years ago

This is a very good advice. Oftentimes i hear, strike it when it's hot. And oftentimes, one gets burned. Thank you!

$ 0.00
3 years ago