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UnknownUnicorn1063189
Oct 13, 2017 10:20 PM

LITECOIN SETUP current $57.96 14Oct17 Long

Litecoin / U.S. dollarBitstamp

Description

Waiting for a pullback to approx $54.50 which is our Buy Zone.

Entry, Sl and Targets defined.

T1 R:R 2.4:1
T2 R:R 3.7:1

Sean Vengan
10+ Years Professional Trader and Trading Educator

REALITIES IN TRADING:
In trading, there are Winners and Losers. Accept it.
We protect our capital with stop losses. Our winning trades eat up our losing trades, with the goal over a series of trades to be NET POSITIVE.
Ignore those who do not understand trading & investing and say: "You were so wrong" (a loss is insignificant over a number of trades).
Each trade posted is YOUR FREE CHOICE, YOUR RISK MANAGEMENT and YOUR RESPONSIBILITY
Always factor in "WHAT IF I LOSE MONEY ????"

DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY
1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE
2. I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
3. I am not your Professional Trading Mentor or here to provide you with a Free Professional Trading Advisory Service.
4. I am not obliged to provide analysis, commentary or answer any of your questions. I am here to trade for my sole benefit, not for your benefit.
5. I am a paid member, not a free member, so I am on Trading Views to use their paid services. My presence on TV is not to provide you with analysis.
6. I am happy to help you in your trading if I choose to and I feel you are being courtesy. It is my free choice to answer you, I am not obliged to.
7. If I provide and give up MY VALUABLE TIME providing analysis to you please respect that I am providing it FREE of charge. Appreciate it and don't take it for granted.
8. If you comment to me, simply be courteous and we can show each other mutual respect. If you are rude or disrespectful I will ignore you or send you a curt reply.
9. If you are abusive I will report you and will leave it to the moderators to decide if you should be banned.
10. If you don't like my views eg If I think Bitcoin is going up and you think it is going down, then please do not abuse me just for having opposing view to you. Show us all your analysis, don't hide behind rude comments and alias name. Lack of analysis shows lack of knowledge and experience.
11. I have no issue with you expressing your opinion or disagreeing with my views but please DON'T DISRESPECT me or other traders or write personal comments, this is offensive.
12. I have over 10years+ solid Trading Experience. I do not need to justify myself to you my knowledge and experience, my analysis and commentary demonstrate my skills and expertise.

Comment

Annoyingly we had our stop at $53.10 and Market it $53 - 10cents !! Oh well, its the way it goes....

We will go again (will post a trade when ready) on a minor pullback as I see further upside in Litecoin...
Comments
BrandonF515
Hi Sean, I am new to trading and been following some of your trading ideas. Can I be part of the PM forum? Thanks
UnknownUnicorn1063189
@BrandonF515, Suer Brandon
Hadlta
@SEAN_VENGAN, Hi Sean! You have been a credible and helpful source that encourages me to take my very first small steps in this trading world. Im also a newbie and trying to learn trading :) Can i also be a part of the PM forum as I want to learn more from you talented people. Many thanks for your time and patience in sharing with new beginners like us!
PS: for those haters, I hope they wont get on ur nerve so much. Would be great to see ur precious time spending for those admire you instead!
Many thanks in advance!
UnknownUnicorn1063189
@Hadlta, Thank you @Hadlta for your support, I appreciate this.
UnknownUnicorn1063189
@Hadlta, Oh yes and yes I will Pm your request re:forum ;)
alexbest
@SEAN_VENGAN, can I join too?
UnknownUnicorn1063189
@alexbest, Sure Alex
GeorgeLTC
Mr. Sean,
now what is your Idea? Long time didn't saw your LTC chart :)
Rektitude
Your stop wasn't at 47.92?
UnknownUnicorn1063189
@wybrands, Yes sorry that was referring to the first trade - I put the comment in the wrong post...
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