Post
Topic
Board Trading Discussion
Re: Trade - mistake?
by
nydiacaskey01
on 22/08/2019, 23:57:52 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
You just made 0.42% for that trade, if we are going to deduct trading fees of 0.25% that will leave you with only 0.12% profits. Try using Bollinger Bands in the future before you decide to Buy or Sell because it will help you see if trend will continue or not. You also need to observe the coin first before buying or making a decision.