For a long time, I just watched the market from the sidelines.
I kept thinking about starting, but always found another excuse β my addictions, being broke, not knowing where to start...
I don't want to wait anymore.
I'm starting over and taking a new prop challenge with @HashHedgehq
I'll be learning how to trade, building discipline, getting deeper into crypto and meme culture β and sharing the whole journey here.
This is my path to a different life.
My path to financial freedom.
I'm not giving up.
Follow along and come back later to see where I end up.
Maybe you'll want to walk this road with me. π
Just found a project Iβm genuinely interested in β D3 Frontier
A new approach to the next generation of internet domains.
I picked .human as the extension I want to follow.
Curious to see how this develops and whether these new domains actually become part of the next internet wave.
Would be cool to have a domain that actually feels human. π
#human #FrontierD3
Mapping observation zones on XRP / SOL / BTC / ETH.
XRP is already getting interesting β price is testing a resistance zone.
Watching how it plays out, waiting for confirmation and looking for an entry.
#proptrading#xrpripple
XRP short β emotional trade.
I entered too early and didn't wait for confirmation of the structure break.
I also increased my risk to 2.5x my normal amount.
And of course, the trade went against me.
The idea wasn't the problem. My execution was.
I'm not giving up. I'm still learning and still trading.
I'm not chasing fast money β even though I really need it right now.
This is my path. A long-term one.
Closed XRP long.
Entry: 1.524
I took 50% off at 1.5631 and locked in +12.44 USDT.
Yesterday I decided not to close the rest. I was waiting for a reversal and wanted to give the trade more room.
The reversal never came.
Today my setup was invalidated, so the breakeven stop on the remaining position was hit.
Idea was right. Entry was aggressive. Exit management still needs work.
No perfect top. No regrets. Just another lesson.
#PropTrading #Trading
XRP long trade
Entered aggressively at the 1.524 level without waiting for confirmation.
Price moved in my favor, so I took 50% off and moved my stop to breakeven.
Now waiting for a move higher.
If it doesn't happen, that's fine. The trade is protected.
The idea was right, but the entry was too aggressive.
I agree. A proper stop is one of the things that separates a trader from a gambler. I get how automation can remove emotions from execution. But that's not the path I want. I need to learn to control them myself, not hand that over to a system. The prop challenge is already helping me with that.
Took another SOL short.
The idea wasn't crazy.
My stop was.
I placed it based on how much I wanted to lose instead of where the setup was actually invalidated.
Price broke higher, my thesis failed, and I got stopped.
The rule:
Stop Loss goes where the trade idea is invalidated β not where I want my loss to be.
Took another SOL long today.
The idea was simple:
Price broke above the level I was watching, so I took the long.
But my stop was too tight.
I misread the local low and placed my invalidation too close to my entry.
Stopped out.
The idea didnβt work today β and thatβs fine.
Iβm not taking another trade just to make it back.
Lesson:
The stop shouldnβt be based on how much I want to lose.
It should be based on where the setup is actually invalidated.
Done for today.