#14
Acc: 1016$
#BTC
Size: 0.042
Entry: 38442
TP: 34000
SL: 39400
Risk% : 4.1% (40$)
RR: 1:2 for TP1
Closed 2/3rd at TP1(36760). SL at breakeven. Keeping rest of position open if we get further downside.
Jan Monthly Update.
PNL: -32$ (-0.32%)
Had good start wt HTF trades position. Things went sour after mid month when increased position size and BTC broke 40k.
Started LTF with medium position size at the end of month. Had some good trades.
Will have mix (LTF, HTF) in Feb.
Had a rough week trading #crypto (though within range)
Down 1.5% of overall portfolio.
Risk management is king . It allows to be wrong multiple times
Lesson: Will hang on to my winners
Some motivation to reflect on this rainy Sunday
#BTC#NEAR#Solana#motivation
#12
22/02/2022
Acc: 868$
Took three trades on #NEAR
Two longs and one short
Loss: 14$(1.5%)
NEAR bounced from 8H but did SL hunting as so BTC went under monthly support(35k) to 34k.
#11
#BTC
Acc: 882$
Longed again with bigger risk thinking it would bounce from here.
21/02/2022
Size: 0.121
Entry: 40770
SL: 40250
TP: 43300
RR: 1:4.8
SL hit. Good that SL hit . Priced dumped to 35k
Loss: 73.96$(7.7%)
#10
#BTC
21/01/2022
Size: 0.053
Entry: 41745
TP: 43300
SL: 41413
RR: 1:4.5
SL hit
Loss: 18.63(2%). SL is a good thing
BTC dumped hard from 43300 to 34000
#8
Acc Update: 982$
SL hit on Near short. King #BTC pumped hard and so do alts.
Size: 100
Entry: 18.93
SL: 19.22
TP: 17.7
Risk%: 6.6%
Reason: Trendline break , took entry at 2h resistance .
Lesson: More probable entry at 8h resistance.
Near in uptrend. Waiting for brkdwn
#7
Acc: 1048$
#doge
Pump it, Dump it.
When price closed below 4H Resistance . Took short position.
Size: 1530
Entry: .161
SL: .1676
TP1: .1528
TP2: .1495
Risk%: 9.72/1034 = .94%
Profit: 14$
RR(1:1.4) not that good. So, SL was at breakeven once price was down from entry
@TRADE_TALK_ 1. Kiss 39k and then bounce until rejection from 50k
2. Bounce from here to 45k and dump to 32k and we start slow climb upwards
Don't know about others but I am anxious what if my 30k spot order doesn't get filled if we dump from here
#6
Account: 1034$
She thought the bottom is #NEAR but I thought otherwise
First Trade of 2022
Near was around ATH made on 15 Dec rejecting from 8H
Short
Size: 29
Entry: 17
TP1: 16
TP2: 14.4
SL: 18
Risk - 3%
Profit: 34$
king #BTC dumped hard searching for bottom on 05/01/2022
@TRADE_TALK_ Interesting. I would love 13k spot BTC. Even though I bought some now also at 44k.
What is your invalidation point for this model? Breaking ATH ?
#5
Plan for #LINK
Size - 3
Entry - 18.6
TP - 24.8
SL - 16.6
Risk % - 6/997 = 0.6%
RR - 1:3
Price breaking out of downtrend that started at 10 Nov. Waiting for retest of broken trendline
#TA#Cryptos
Closed the position at 22$ as market is not clear. This had been longest trade I took.
Account: 1002.6$
Profit booked : 6$ (.7%)
Will take first trade of 2022 this week.
Would increase risk% by 5%