Post
Topic
Board Trading Discussion
Re: Trade - mistake?
by
arpon11
on 27/06/2019, 08:00:35 UTC
Hello traders,

Today I have done few trades some of them are good some of them not. But I made one trade that I though it was good but not (USDT-BTC).

https://pasteboard.co/IkN75r0.png

So I bought  BTC for 10,754 USDT(green circle on picture) and sell for 10 800 USDT(red circle on picture) but after short period of time price jumped to 11 139 USDT.
I was looking on indicators and oscillator but I didnt see any anything.

Where did I make mistake?

Thanks for every answer
In my opinion and experience you have not made any mistakes! Just that you were not patients enough to hold until the market appreciate enough. If you hold for more days you could have made above $2000 from your investments. Technically I have find out that most of those lagging indicators such as oscillators and sri don't pick signal fast and sometimes there only show you pass markets data and as such you should not depend on them in making a trading decision. You have to combine them with daily or hourly candlestick formations before taking a decision on either to close your order or open a new one.