I will make 100 % every month

Discussion in 'Journals' started by Sergeev S, Apr 22, 2023.

  1. Sergeev S

    Sergeev S

    I opened the short position.
    Why did i open short position? I opened the short position because the fast moving average crossed the slow one
     
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    Last edited: Apr 28, 2023
    #61     Apr 28, 2023
    DeMurph likes this.
  2. easymon1

    easymon1

    Sounds like a plan. Where is your stop? What triggers an exit?

    Mitch Ray - https://www.youtube.com/@MitchRayTA/streams
     
    Last edited: Apr 28, 2023
    #62     Apr 28, 2023
  3. Sergeev S

    Sergeev S

    I opened position when price was 29280.
    My stop loss will work when price will be 29900.
    If I fail to catch the trend, i wiil close this position, when i see that trend is turned around. If i can catch trend i will follow with him
     
    #63     Apr 28, 2023
    easymon1 likes this.
  4. easymon1

    easymon1

    Have you gone back to look at a dozen entry triggers that fit your plan?
    What kind of P/L did they produce if the plan was followed correctly?
     
    Last edited: Apr 28, 2023
    #64     Apr 28, 2023
  5. Sergeev S

    Sergeev S

    I looked the bitcoin chart from the beginning of this year. I realized that it is necessary to reduce losses as much as possible, and when it is possible to catch a trend, increase the position size.
     
    #65     Apr 28, 2023
  6. easymon1

    easymon1

  7. Sergeev S

    Sergeev S

    I closed the short position. It is not good trading. Only losses
     
    #67     Apr 28, 2023
  8. easymon1

    easymon1

    If you have a solid trading plan, then good trading is nothing more than following your TESTED plan.
    Is your plan tested?
     
    #68     Apr 28, 2023
  9. #69     Apr 28, 2023
    easymon1 likes this.
  10. 777

    777

    Having and edge and managing risk are most important.

    Self belief if unwarranted... well I hope so not believe you can fly if you jump off of a tall building.

    Posting your thoughts may help you understand your situation better so I hope you keep posting.
     
    #70     Apr 29, 2023
    Sergeev S likes this.