POLKADOT- BUY HIGH, SELL HIGHER
2024-12-20
Category: None

In the midst of chaos, I've decided to increase my position in Polkadot, as I've been holding since $5.82. The structure continues to show bullish signals, and we’re still in a bull market. Moreover, the Christmas and New Year rally hasn’t even started yet.

For traders feeling anxious right now, it's better to step away from the screen and avoid making impulsive decisions. For those focused on knowledge and strategy, there’s no better moment to consider opening a long position—fully aware of the possibility that your stop-loss might be hit.

Trade Management:
Entry: $7 or market price
Stop-loss: $6.31 (keeping the previous position intact)
Remember to control your emotions and avoid overtrading. Maintaining liquidity is crucial—don’t put all your capital at risk. Protect your psychology and trust your skills. Don’t let the market shake your confidence in what you know works.

I’m sticking to my plan, as mentioned in my previous idea. Nothing changes if you follow your plan.
  

May God bless you all.
Jay