TheBitWizZ

The BitWizZ Trading Systems. This is my journal, follow to watch me live trade my system and journal the emotional rollercoaster live as I become profitable.

[TheBitWizZ @TheBitWizz]

From my first position trading calls in 2017 and 2020 to the development of the system I currently trade.
This is my journal where I try to hold myself accountable.
Follow my journey as I become profitable.

[TheBitWizZ @TheBitWizz]

@rugal_fx This is discipline.
The only reason I fuck up my trades is because I interfere.
If I do not interfere at all and just set alerts for when it’s time to act and act according to the rules I make money.
When I break the rules or interfere I’m break even.
It is what it is.🤷‍♂️

[TheBitWizZ @TheBitWizz]

This is why the fucking around has to be over today going forward.
On perfect execution this would have bin 2 trades.
1 SL into profit @ +0.4%
1 50% TP at +5% profit and 50% still open.

But I wasn’t focussed on execution, I was creating an emotional rollercoaster for myself.🤷‍♂️

[TheBitWizZ @TheBitWizz]

Okay, THIS are the rules.
Going to trade 1 account, exactly according to the rules.
If I happen to go to bed or be unavailable I either set the SL and accept the outcome or use a trailing stop if possible.
I’m going to trade on 0.5% risk only and just execute and collect data.

[TheBitWizZ @TheBitWizz]

Today was a bad day because I’ve bin an idiot and I keep breaking the rules thinking to make some quick bucks.
TODAY THIS ENDS, I’m tired of myself.
I’m going to 0.5% risk, use only the small account, trade exactly the rules and do not interfere and will just execute.
Enough now.

[TheBitWizZ @TheBitWizz]

And there go all the stop losses…🤷‍♂️

[TheBitWizZ @TheBitWizz]

Looking at the #Bitcoin chart on the 4h and eventho we dumped a little to hard into here, it is still the Fibonacci golden pocket and we are actually making reversal patterns on the lower time frames.🤷‍♂️
We might actually caught a good trade here.
Only time will huh…😎

[TheBitWizZ @TheBitWizz]

👀 we should be good right now.
I feel confident in this trade evntho I entered on the wrong timeframe.
Will try just strictly follow rules and raise SL with alerts at the fib levels.
I will not look at P&L or interfere with the trade if alarms are not hit.
DO IT FOR F SAKE!😝

[TheBitWizZ @TheBitWizz]

When a pattern breaks out from fibonacci support, the pattern will likely break out and succeed.
When it breaks out into fibonacci resistance it’ll likely fail.
Fibonacci is the code of the universe or the fabric of space or what ever you want to call it.
Don’t ignore it, use it.

[TheBitWizZ @TheBitWizz]

Here we go, lets see if we can not fuck this up for once.
Alarms set at the points the system needs action. (Raising SL)
Now just not fuck it up, don’t look at P&L, don’t touch anything unless the rules say so.
Lets see what happens.🙌

[TheBitWizZ @TheBitWizz]

What can I say, I’m to impulsive😅 I’m already long before I noticed this was the 15m and not the 1h chart.
But it’s okay, it looks like it wants to turn here so we are long.

[TheBitWizZ @TheBitWizz]

Did an assessment with the trading psychologist, have an appointment next month.
I NEED TO BE ABLE TO EXECUTE THIS RIGHT.
We already fixed the strategy, now we got to fix the trader.💪🏽💪🏽

[TheBitWizZ @TheBitWizz]

Okay that failed.
Stop fucking around, WAIT for THE setup and take that one.🤷‍♂️

[TheBitWizZ @TheBitWizz]

Going for the $ETH short here👀

[TheBitWizZ @TheBitWizz]

Now the question is: Will it find resistance here at the 0.5?

[TheBitWizZ @TheBitWizz]

Thats a 1:15 RR trade right there, all you have to do is catch it and handle your emotions.🤷‍♂️

[TheBitWizZ @TheBitWizz]

@Parodyjeffx Love the watermark🤣 hope one of them shares it🤣

[TheBitWizZ @TheBitWizz]

@Parodyjeffx That was the plan all along.
But they would paint him as Hitler if the people around the world would not be aware of Jewish behavior.
Now the world is aware pf Jewish behavior and rejects it.
Now Trump can do the world a favor and end Jewish behavior.👏🏽

[TheBitWizZ @TheBitWizz]

Possibly the first signs of a bottom on #Bitcoin.
It’s within the Fibonacci golden zone on the 4h and it’s starting to show the tell tell signs of a reversal: Liquidity grab with volume, Choch, support at 0.5.
Not sure if it’ll hold, price might need some time, but good signs.

[TheBitWizZ @TheBitWizz]

1 Liquidity grab
2 Choch
3 Support at the 0.5
4 EMA’s in direction of the trade
5 🚀🚀

This is on the 5m so I don’t trade this, but you can see it work on any timeframe.

[TheBitWizZ @TheBitWizz]

@BattlefieldInte Hell yeah!

[TheBitWizZ @TheBitWizz]

@AtifHussainOG @DumbMoneyHunter or @hyrotrader_com