Transcript excerpt from a YouTube discussion where Kosta Ouzas, Marcus, and Sebastian discuss trading strategy, advocating patience and favoring a ~2% take-profit (TP) as an effective approach. The speakers argue that larger TPs and patience outperform constant, active trading.
Questions this video answers
2%
You can learn a lot more about the system doing that, but, you know, the tortoise always wins the race.
That's the turtles. Turtles.
Exactly. Exactly.
But it's the truth. Yeah. And if you want. And a number right now. Marcus, you're pretty good on this right now, because, you know, maybe he's looking for an exact number. What do you think is an ideal TP right now in these conditions? If someone was to ask. I think we've discussed around 2% before.
Yeah, 2% is the magic number. If you. If you want activity active to 2%.
Yeah.
Yeah. Like going back to what Sebastian was saying, if you lean on the side of patience, the bigger the tp, the better. More money you're gonna.
Make overall, and you will be rewarded. This is one thing I love about Bitcoin, is it rewards patience. Right. So that's why I'm. I like to run things boring. But, you know, that's what's cool about this tool. You can do whatever you want. The question is, how involved do you want to get?