Trading Experiment 2.0: first 9 days

Day 8

One second only, one second a it would have been the end of my trading month ๐Ÿ. A few points higher and my site would have been revoked. But the upward movement stopped before it happened. I am currently sitting and praying ๐Ÿ™ that the price will fall. And this is just one Litecoin post.

It started yesterday after work when I decided to trade actively ๐Ÿ‘จโ€๐Ÿ’ป. Just started opening a short and long site like crazy.

Everything was cool. Before falling asleep ๐Ÿ˜ด, I closed almost all my jobs. Left only ZRX (long) and LTC (short). My equity increased and I went to bed with a smile on my face ๐Ÿ˜€.

In the morning, the jobs I left showed the same result. But then the Litecoin price rally has begun ๐Ÿ‘€. + 12%. And I have a short job. With no stop order, of course. He showed me minus $ 300 ๐Ÿ˜จ. I didn’t want to close the job, so I started to equalize it. And it came about on liquidation ๐Ÿคฆโ€โ™‚๏ธ.

I noticed one very cool button – Net consolidation. I knew it before but didn’t use it often. It is very convenient with it, because you can find the average position price โœ๏ธ. It helps me set up profit taking.

Since I’m almost a mess, I should at least tell you my strategy ๐Ÿ“Š.

People call it Higher high โซ. The rules are simple: we are waiting to form two green candlesticks unrhyw on any timetable. The closure of the second candlestick should be higher than the maximum of the first. Then we wait for the red candlestick ๐ŸŸฅ and as soon as it closes, I open a long position. The target is reached when the price moves up at the height of two candles. The stop order is placed below or below the first candlestick.

Similar thing with short posts.

You might ask, โ€œSo why are you sitting with such a minus and averaging the position? ๐Ÿคจ It’s simple – psychology. If you forgot to set one stop, then something goes wrong – a reluctance to accept a minus, a desire to come back, and a miserable confidence that the market will fall ๐Ÿ“‰.

If I don’t lose everything, I will describe the additional rules of my strategy tomorrow. Some moments I’ve deduced for myself while writing a merchant’s diary. Wish me luck ๐Ÿคž.

  • ROI for today: + $ 194, that’s + 25%.
  • ROI for last trading week: + 88%
  • ROI since the beginning of the trading month: + 91.4%

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