Post
Topic
Board Trading Discussion
Re: LastLaughingGuy - day trading diary
by
Sengoko
on 09/11/2018, 06:29:55 UTC

Don't you think your attention is divided over many cryptocurrency pairs and I think you would fare better with more attention and focus on fewer pairs - I see 9 pairs above. That also would translate to much more fund at your disposal to average a trade that showed strong signals, but not moving to fast the when you took a position with RSI at 30, if it goes further down, I would start to average the position myself.

the last 2 weeks i wasn't invested very much. I'm looking at charts and priceaction and decide if i can see suitable setups. my trades dont last long and i will average a position only if it was planed prior to entry or i have good reasoning. what is not my strategy is adding on lower and sitting it out. just becasue i got 9 different pairs in that overview doesn't mean iam watching those coins 24/7.

The ammount of coins i got to trade is actually a problem for me. there are only around 25 coins on binance with a daily volume higher than 500 btc. Not many charts where you can look for a good setup. thats why i find myself suddenly in coins like DNT  Grin
It seems you are doing your homework as well. This is better step in investing or trading. One should learn from the mistakes and better learn about the upcoming tragedies and plans. Keep this spirit high and make a good earning from it. And in case if you lose, don’t leave it. Keep on trying for harder and harder and ultimately things will get fine for you.