What is the 20 profit-taking rule?
Excuse me, could you please elaborate on the concept of the 20 profit-taking rule in the world of cryptocurrency and finance? I'm particularly interested in understanding its underlying principle and how traders typically apply it in their strategies. Could you also explain why it's considered a valuable tool for managing risk and maximizing returns?
What are the benefits of zigzag?
Could you elaborate on the benefits of utilizing the zigzag indicator in cryptocurrency trading and finance? Are there specific scenarios where it proves to be especially advantageous? How does it help traders make more informed decisions and potentially enhance their profitability? Additionally, what are some potential drawbacks or limitations that traders should be aware of when using the zigzag indicator?
What is the apex 30% rule?
Could you please elaborate on the concept of the "apex 30% rule" in the context of cryptocurrency and finance? I'm curious to understand what it entails and how it's applied in managing portfolios or making investment decisions. Is it a widely accepted principle or a more niche strategy? How does it help investors navigate the volatile cryptocurrency market?
What does "sell the rips" mean?
Could you please explain what is meant by the phrase "sell the rips" in the context of cryptocurrency and finance? I'm not familiar with this term and would appreciate a clear explanation. Is it related to a specific strategy or technique used by traders? Thank you in advance for your assistance.