"Hello, my name is john and I am an amateur trader"

if you win this trade don't you think reading psychology books helped you?

 

I put 2 new lines, i circled the area on the top blue line thingy where I have an order to exit, if it hits, if not, no exit,

• I cannot win if I do not want to lose

2 months it's just a hobby, will stop when it's not fun

Yes

 

cool

 

Removed order to close, market hours the range will be wide, bigger potential for losses and also profits

Feels like a Friday profit-taking day for bitcoin, price action seems weak

 

they say get a room - i say start a journal lol

 

Conventional trader wisdom, profit taking after major run up in price the past few days, this whole week, bitcoin went up over $10k

So, 90% of traders want to stay away from being long, they are afraid to lose their profits if they made some

That's pussy attitude, you cannot win if you do not want to lose

Let the profit takers cash out, the truth is that the buyers this week were institutions, not buying for short term, but holding for long term

and retail is out of money have not been in bitcoin at all, google search trend, no retail interest, too much debt

I'm not saying bitcoin will not crash today, the OG's have been cashing out big time above $100k/btc, it is what it is...

But I'll stay long for today, and may finally succeed in losing a trade

 

It looks like this area above is an over extended price range for bitcoin today, I put my close order there for now, going to be away from keyboard sporadically for the next couple of hours

 

options market give closing above 200k is less than 4% likely. when you have no strategy buy lotto tickets and hope.

 

My watchlist of stuff are turning red, might be called bearish divergence, have adjusted the close to the triple top resistance area, 103,666

 

mstr is red but bitcoin still above $102.5k for now, bullish if it holds over the weekend