Don’t focus on finding tops or bottoms, focus on determining the environment.
On this week’s Ninja Trader we touch on Ethereum and why I’m bullish right now, and what I’m looking for to re-enter those long positions.
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Then we’ll go over a tweet and our main topic. The reason why focusing on the environment instead of looking for tops or bottoms is way better.
I’ll show you how that affects my Ethereum position, and what I’ll be implementing myself during the next coming weeks. After that I’ll tie everything in with the Ethereum chart…
I’ll share my final thoughts with you guys, how getting distracted by what other traders say or do is counter productive and it hurt my results back in my pit trading days. I teach what and how I’m thinking but not how you should think so think for yourself!
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Develop Your Edge is a weekly YouTube show hosted by 22-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony and his guests discuss what they are doing to Develop Their Edge in trading futures! Past performance is no guarantee of future results.