Navi Nuggets ⚡️
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Repost from N/a
also to be honest most people are gonna lose trading perps, it's actually NOT for most people
it takes a long time to build good habits and intuition
and personally i just never try to short (99% of the time. if we get some crazy bear market scenario then we can try that but i think worst of "bear" is behind us)
prefer to wait for dips in an uptrend and long
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Advice for beginners in lev trading:
Use heat maps to place your orders at hot liquidity levels and don't go higher than 4x leverage, this gives you 25% room to be wrong before you're totally liquidated.
Don't have advice for you about stop losses other than they're good but if you're not careful they can also make you a quick loser.
And patience is the most important trait in taking orders.
Another good tip is physically imagine cash on a table in front of you. If you're up on a position and you'd feel shitty if that cash pile burned up right this second, you should close and take your money.
I also just recently learned about FVG (fair value gaps) and it's been one of the most helpful tools for me lately.
Lastly don't overload on indicators. Use 1 or 2 max so you don't get confused.
Great site to really understand how much of a beast the Hyperliquid business is
https://hl.eco/
I count on the really sharp eyes here to find the winners and I think blue chip is one
when previous blue chips came out i always liked it but it did well and then fell. This is built to succeed
We up and pretty much grabbed the last local bottom.
I won’t always give entries and when I do some of em won’t hit but I do try to make sure there isn’t much downside when I post em.
Gg if you’re still in.
More tmrw.
