Global Macro Trading Journal

Discussion in 'Journals' started by Daal, Feb 25, 2011.

  1. I recommend you check out the chrome wave lite client. After doing some reading on the overall concept, and then giving the client I try, honestly I'm pretty blown away. I'm buying in to this one as soon as my cash hits.
     
    #7611     Aug 21, 2017
  2. Daal

    Daal

    I"m adding to Litecoin today, its looking great. if it comes down I will cut back but this feels like it will rocket higher
     
    #7612     Aug 21, 2017
  3. Daal

    Daal

    Hi ,I now have two methods in these coins. First are my 'core' coins, they are a part of my asset allocation. I'm keeping it at 1-3%. I only buy the major coins, so Ether, Bitcoin cash, Litecoin, etc. I'm trying to replicate an 'etf' for these coins by owning several in small sizes.

    Second, are my speculative swing/position plays. In these I will usually have a stop and will go solely by the chart+gut feel+something else.

    I will take profits more aggresivelly on the later. Also, I might take a swing play, take profits but keep part of the swing and turn into a 'core' holding. I'm doing that with Bitcoin cash.

    I not going to get into the fundamentals too deeply. During the 90's tech bubble, everything tech rose, it didn't matter how horrible it was. They would add .dom to the name and the stock would surge, silly things like that. In fact, I'm thinking that OMG is a buy, solely because of its name. I'm serious, a lot of sites will pick up on that pun and it might get more popular than it would otherwise it would be
     
    Last edited: Aug 21, 2017
    #7613     Aug 21, 2017
  4. Daal

    Daal

    Also bought MAID and LSK on Poloniex. 50% stop 100%+ target
     
    Last edited: Aug 21, 2017
    #7614     Aug 21, 2017
  5. Daal

    Daal

    "On the 14th of August 2017, BTC-e confirmed they would be returning under a different brand name and would be returning 55% of customer funds, these funds will be available for withdrawal after KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures. The other remaining 45% of customer funds will be available in the form of BTC-e tokens with a different value."

    So a recovery of 60 cents on the dollar or something? Scary but better than nothing
     
    #7615     Aug 21, 2017
  6. Daal

    Daal

    In the past I was thinking about investing in some of these ICOs but I dont think I will any longer. I much rather monitor the coin universe (the ones that are liquid) through charts and let the market tell me what to buy. If I start to read about these stories, I'm certain I will get bagged into some pump and dumps. I suspect there is some of that going on with the Mark Cuban ICO. It might still be a buy but its better to let it survive the test of the market first
     
    #7616     Aug 21, 2017
  7. Daal

    Daal

    I'm sure a lot of these ICOs will be huge runners, the thing is, I can only invest so much in capital. I think its better for me to do my selective swing trades than to spend a lot of time looking around for ICOs, that might not even do all that great anyway
     
    #7617     Aug 21, 2017
  8. Daal

    Daal

    Buying Ripple RXP here. I like how this chart is setting up but I'm getting close to my max exposure on these things. At least for now, if I keep profiting I will pyramid this sizing up
     
    #7618     Aug 22, 2017
  9. Daal

    Daal

    Ripple XRP, that escalated quickly
     
    #7619     Aug 22, 2017
  10. sss12

    sss12

    Hey, enjoy reading your thread. So to use your 97/98 tech stock analogy, where /what is your final exit strategy ? 100k invested in "tech 97/98" when to 1mm and THEN to zero. Where was the success in that ?
     
    #7620     Aug 22, 2017