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

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Written by Β Β 260
1 month ago

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

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

$ 0.00
1 month ago

Good. Now I have the idea.

$ 0.00
1 month ago

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

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1 month 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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1 month ago

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

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1 month ago

I really learnt a lot from this article..thanks

$ 0.00
1 month ago

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

$ 0.01
1 month ago

Your articles are always so easy to understand, thanks

$ 0.00
1 month 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.

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1 month ago

nice reflexion. πŸ‘ wait until you get your right spot.

$ 0.00
1 month ago

Interesting

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1 month 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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1 month ago

Great analogy

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1 month ago

Good information, keep up πŸ₯°πŸ₯°

$ 0.00
1 month ago