Many of the other plebs' problem is that they treat Technical Analysis as a Crystal Ball and believe that it's sure to make a profit. They deposit their money, then use 20x leverage. The analysis might be right, but taking 20x leverage will possibly liquidate you in minutes if the market corrects.
Indeed, the problem usually is that plebs come in during a bull run, in which case 90% of TAs work (price will always go up in rally just a matter of time).
They just sit and wait, and don't put stops, and of course the TA prediction expires but the price reaches it anyway, and they think they hit a gold mine
Why not buy low during a bear market, and HODL? No Technical Analysis, no profit targets, no stops, just HODL.
I strongly believe there are people who have made millions in profit by 2021, who lost that profit June of the current year. Why? Leverage.
There have been some easy hourly's lately, Too quiet, Come play with me!
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