Performed a buy stop at EP of 39907.96 and it hit the S/L at 39233.17 due to the retest of the support line. loss of 675 pips on a 0.01 lot size. BTCUSD is very volatile. I have to remember to be more careful when dealing with this pair. More patience and discipline is needed. For FMI (Forex Mastery Institute Studies).
Here was a great day for many traders trading GJ. Most traders are aware of GJ being one of the more volatile pairs, although today was volatile it followed simple patterns, reaching highs of 161. and then reversing to low 160. I opened various trades through these motions at different prices, my mistake was not sticking with my original opening trade as It meant...
Chart Patterns 2018 was an interesting time. Bitcoin had gone berserk and there where both prophets of prosperity and doom preaching about the future of bitcoin and all the new folks had to decide if they still wanted to play and what to do with their money. Lots of people correctly identified this descending triangle but many people were so bullish they saw it...
This was by far one of my most shining moments in crypto. This "buy out the gate" strategy works great for concert tickets. I feel like I have really earned my stripes by buying my first rug pull coin that is now technically too cheap to sell. A cockroach. A constant reminder. The badge of a true crypto degenerate :)
At times I find myself locked in to trying to find a better entry while my trade plan is setting up during the day. More often than not, when the internal battle is won by the impatient voice in my head, I sneak into a trade early and pay the price for it. Well... today was one of those days I'm not sitting here saying that my set-ups are always right, nor am I...
Hi guys, today ill be showing you that trades that are in your set up are the best. They give you high probability trades. Bigger reward trade, less risk, and you can review it again and again to improve your trades. I always put stop loss to lessen my risk. Happy trading everyone
Hey guys, I hope everyone is having a good weekend, as I shared with you my opinion last week, Bitcoin parabolic trend ket in place and is heading for 9.6K to 10K. I hope you didn't short the market, especially leverage trading, If you did, learn from it and do not to predict the market especially when the market is neutral and trying to make decision. It is so...
So many bad decisions here, how to unpack it. had the 280 calls that the market absolutely obliterated, was way in the money. instead of doing like I learned and NOT moving the challenged side, I sold MORE calls at 285 which is also went through. I then sold puts at 283 which expired OTM but suffered a major loss. Lesson learned, don't adjust the challenged...
NVDA showing sellers not happy with earnings growth announcement for GPU, however relates to trade war and slump in electronics. This could be great bargain watch as GPU need for AI, self-driving cars, and many other high growth tech area's. Watch or short. Sell or Hold, what's your thoughts? $138 sell for lower entry on DPO day chart. await LONG...
I had a nightmare with this. Thought I would be extra clever and set an order in each direction with with my Spreadbetting account and with a trailing stop loss on both As you can see the sell side "should" have executed perfectly... due to slippage the price moved so quickly it skipped right past my order :') safe to say we learnt something today