Community post
Trading Day Four
Due to frustration with a big missed trade I decided to not post this blog until I made up for the trade I missed. All of the trades from trading day four and five will be listed under trading day five.
Here's the post from yesterday:
So, trading day four. Today I got to see some of my trades play out, one in particular I was not happy with. It unfortunately caused me to lose all the profits I made up until now, so I'm back to break even.
That's not too terrible though. At least i'm learning. I'll go over the trade further down.
Now, there is one coin in particular that I'm going to focus on. If I were more on the ball, I would have caught my alarm on said coin and made 400%-500% profits. I'm so choked I missed it! I set up buy orders and alarms for tomorrow. Not missing it again!
Lets see the numbers:
Current Bitcoin Price on CMC:
$12 000
Began the trading day with:
0.02022 BTC
$225
Ended the trading day with:
0.01961 BTC
$228
Total BTC Loss:
0.00061 BTC
USD Profit:
- $3.00 (Bitcoin value increase)
See Trading Day Five for detailed trades.
Replies (6)
It’s alright, I’ve made more mistakes than successful trades. It’s all risk management. When you’re in loss, cut them. I suggest checking out @quickfingersluc video about building small accounts. It’s very helpful and good luck to your future endeavors!
I've watched that one a few times! Sometimes alerts go off when i'm not around, and sometimes those alerts were big trades. I made a big one today that put me far ahead. --Good luck to you too :)
Yes I had to cut a loss. Next time I won't wait so long to do it. I watched more of Lucs videos and he talks about participating in the first bounce, because thats likely to be the biggest one for the next while. I'm going to illustrate the loss when I post my trading day for today later on.
Great to hear, buy Kobo 500-700 with your whole account and sell 1100-1200-1300-1400-1500-1600-1700-1800 ————> 6000 ;)
Wow you mentioned Kobo before, I saw only a tiny amount of volume so I skipped it.. It got PUMPED today, dear lord!
The old turtle won the race vs the rabbit :P
https://steemit.com/cryptocurrency/@valbaranyshyn/trade-of-the-day-day-1
Kobo was my best trade today