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Topic
Board Trading Discussion
Re: LastLaughingGuy - day trading diary
by
LastLaughingGuy
on 05/11/2018, 17:04:30 UTC
Bookmarking this thread for reference,just now that i have been seeing this thread an i found this very helpful specially for slow traders like me whos trying to find best strategy so i can become a full time trader.

Im gonna thank you in advance for this,and i will lt you know when I applied This already

very much interested in feedback Smiley.

but don't forget, market conditions change and so do our trading strategies.
To give you an example - right now break out trading doesn't work very well. In a bull market you buy a higher high put a close stop and let it run. But these days you get deep retracements, double tops, fake outs ..so you switch your strategy to trade e.g. those deep retracements and maybe also choose smaller trading positions.

i really find the current market tough to trade.



your experience is very extraordinary and when you are trading with very little capital and now you can get very much profit and of course your experience in your trading world gives a lot of motivation for these new traders to be able to imitate your trading method.

i hope you realize that after 2 weeks I have more losing trades,being down 0,06 btc in this thread.

but what i guess is, that you can't find many threads with that much transparency, posting the reality.

It should show that losses are part of the game and it helps me to be picky (i also would like to post one winning trade after another Smiley ), reducing my overall draw downs. 0,06 is really nothing and compensated by one good trade.






long 40000 ADA 0,00001194






QKC also entering an area with good rebound potential around 650 sats





GVT - entering the 61.8 retracement zones which was also prior resistance.
Will try to trade a rebound in that region




entry zone missed by 1% ...if prices stay like that or recover abit more the daily will form a nice hammer. 170 as a next target realistic. still looking for anoither down wave but seems unlikely now.





long 52449 QKC at 650

first position of maybe a bigger rebound play.





long 40000 ADA 0,00001194



sold 40k ADA 1195

went out break even - here my bearish view





I had two more limits in the market today and bought 25k more at 625
the next limit was 25k at 615 which was the absolute low buit i only got filled 315 Sad ..at the moment not much working

at least we saw a bounce to 672 so far. if we really bounce from that area the next target 750 is not unrealistic.


long 52449 QKC at 650

first position of maybe a bigger rebound play.






I had two more limits in the market today and bought 25k more at 625
the next limit was 25k at 615 which was the absolute low buit i only got filled 315 Sad ..at the moment not much working

at least we saw a bounce to 672 so far. if we really bounce from that area the next target 750 is not unrealistic.




long 52449 QKC at 650

first position of maybe a bigger rebound play.



Hi all,

bought 25k QKC at 615
so my 3rd tagert got hit and filled completely. pretty violent drop but it did hit the 61.8 retracement. we got a nice volume spike there now and definately buyers below 630.
if we can go above 650 it not looking bad.






Sold 245 NEO at 0,002547


position was already 5% in profit and again selling here with a 1% loss. "patience" doesn't pay off atm. patience means for me holding for several days Smiley.
I'm selling here because i think we will test the 25 area again and it is likely that we will see at least a dip below 2480 where my stop loss was located. so i save the extra 3-4% loss here.

We saw a failed break out and since then selling pressure. rest is in the chart
here the orders like posted.








bought 245 NEO 0,002576

RSI was quite high so its abit of a fomo entry. i really like the bottom and the bear trap. maybe ill add some at around 0,002515




Hi all,


short stopped out today 10 bcc at 0,0887. wasnt able to trade during the day so couldnt cover earlier seeing that the market was strong today. but it was stubborn enough to not put the stop to break even at least.


Hi all;


Short 3 more BCC 0,0862



short 7 bcc 0,00879 => bitmex price




here the trades: