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STFR means “Sell The Fucking Rip”.
STFR is just an ultra-sophisticated way to say, “When price retraces in a downtrend, go short.”
In a strong bear market, rips are gifts.
So your mindset should be focused on one thing and one thing only.
Rips are lyfe. STFR.
When people are buying like crazy due to FOMO, this is the time to STFR.
FOMO is the acronym for “Fear Of Missing Out”. It is the fear of missing out on the profit you might make if you don’t buy a cryptocurrency ASAP regardless of its current price. The cryptocurrency...
A bear market is a market in which prices are noticeably declining.
BTFD means “Buy The Fucking Dip”. BTFD is just an ultra-sophisticated way to say, “When price retraces in an uptrend, go long.” In a strong bull market, dips are gifts. So your mindset should be...
A bear trap is a situation when traders put on a short position when the price of a currency pair is falling, only for the price to reverse and move higher. Bearish traders think the recent price action signals that an uptrend has ended when it actually has NOT. Instead of declining further, the price […]
A downtrend is an overall move lower in price, created by lowers lows and lower high. A downtrend describes the price movement of a financial asset when the overall direction is downward. In a...
Give a man a fish and he will eat for the day. Teach a man to fish and he will eat for a lifetime.Chinese Proverb