We can't win them all, SL was set at 10%. BNB has been a much more stable asset lately and I believe this is where my strategy went wrong. At least I can admit I'm not perfect. On the upside, our other trades from this week covered more than enough of this loss. Our Bitcoin position did 20%, Ethereum 25% & Cardano 25%. On to the next trade!
This is the end of my trade. Momentum downward seems to be coming to a halt as we wrestle with the 200-Day MA. I closed this trade for 25% in under 24 hours.
Another great short opportunity. Indicators are screaming this price action is far too overextended. Using a support / resistance based scalping strategy.
I am opening a position for ADA. I believe we are too far overextended into the overvalued range. We can see this on the 1H / 4H charts through MACD / RSI / TSI. I will potentially add on to this position. I am not a financial advisor and this is not financial advice. This is for paper trading or simulated trading practices only. Trading is risky and you should...
In my chart for QQQ proposed, it is currently in a head and shoulders pattern. This means SQQQ is in a bullish head and shoulders pattern. Here is my prediction for price action and Long accumulation region. I am not a financial advisor and this is not financial advice. This is for paper trading or simulated trading practices only. Trading is risky and you should...
Our simulated strategy was closed at 1,228 for a profit of 25% in under 5 hours. I am not a financial advisor and this is not financial advice. This is for paper trading or simulated trading practices only. Trading is risky and you should consult with a financial advisor before taking any risk. Any risk taken is your own doing and I will not be held liable for...
This is QQQ, but SQQQ is a leveraged inverse exchange-tradable fund that you can buy to go against this position. I believe we're in a head and shoulders pattern and upon market open, Monday, will be re assuming my position in SQQQ. I am not a financial advisor and this is not financial advice. This is for paper trading or simulated trading practices only....
Just remember buy the physical thing, not notes ;)
Starting my position, I don't see the momentum for this to continue to push up. Will be tracking this the next 12 hours. I may add onto this position. My Stop Loss is not set.
Closing this trade at 6% profit. This was a scalp trade. I'm reorganizing my portfolios for todays market open.
I may continue to add onto this position, but this will be the start of my intraday strategy. Momentum is very low and I believe we will see a bottom soon. Leaving Stop-Loss open. Continuing to monitor price action.
If you understand this chart, you are not bullish for the U.S. / World Markets - (Opinion) So I watch a lot of indexes for research purposes and fun honestly. Seeing how different sectors of finance move when fundamental, sentiment and technical news influences them has always been interesting to me. Recently while researching I came across a chart that made my...
Here is my next paper trading set up. Double top, price momentum lowering momentum, price has largely broken up over the KC. Possible reversal coming. Will potentially add on to this position.
The upward momentum is just not there. Also, here is my opinion on crypto market cap support / resistance levels that I use to trade.
Accumulate in the lower part of the lines. You can use this to accumulate a dividend stock of an extremely fundamentally sound company. We can do this for a certain time after we notice a channel pattern form. I am not a financial advisor and this is not financial advice. This is for paper trading or simulated trading practices only. Trading is risky and you...
If you're interested in accumulating gold which has been a great asset of storage of wealth for 10's of thousands a year. This is a great time to do so, just make sure you're buying physical bars, not paper notes. I am not a financial advisor and this is not financial advice. Investing is risky and you should consult with a financial advisor before making...
A profit of 20% was achieved. This was a support/resistance + scalp trading strategy with leverage added. We achieved this under 36 hours. I am not a financial advisor, this is not financial advice. Everything we do on this page is done theoretically through paper trading.
As Bitcoin takes its next dump, momentum doesn't seem to be too heavy. I am consider a position in this green box range. I will be tracking price action over the next couple hours. Just a heads up. Just a reminder, all of my strategies are for paper trading or theoretical purposes only. I am not a financial and this is not financial advice. All risks taken are...