My only fear during times like this, or maybe fear is a bad word - maybe intrigue, is that with the volatility I am actively managing trades with the wild swings. You could miss out on a lot of profit if you are closing trades out too early. Same thing applies to option traders in the stock market. Let the wins keep running and wait until their are cooling off and setting some type of daily support before exiting. But too each their own.
Good Luck. I will definitely be following and subscribing on youtube.
I totally get your fear/intrigue, but I've tried a lot of different strategies over my 4-5 years of day trading, and this is what have worked best for me. I will explain the math behind this decision in future videos as well. Let me ask you, did you watch the video?
All the best,
Joel
Yes, I watched the video and subscribed. Very interested in watching the process as I have done something similar with options market in the US several times and was successful. I understand the 2% and not wanting to have to continuously managing the trade throughout the day, but I would still monitor at some point especially in a defined bull/bear market. I am thinking of doing something similar, but have never traded crypto in a specific day trading model. I have always been long term or swing trade with crypto. I just know it will be highly unlikely that I am going to be shorting any crypto during a bull market, recipe for getting annihilated.