Journaling and posting results here.
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a screenshot from a trade i did last week (shorting)
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i’ve been listening to rich crypto since October 5.
90% of exposure time has been 30 sec. occasionally do a 3 minute.
i’ve also been working on a smart contract algorithmic trading strategy. i calculated it in a google sheets. here are some screenshots. still need to work out some bugs. i’ll update if its successful. its designed to make money in very sideways markets.
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pretty choppy today. SL triggered
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another rough trading day
today was unclear why i hit SL. so i dived deep into the system and found why. now i’m much more clear.
i’ve only been using a super small amount ( $2) . later i can use more and leverage
i did some testing if i understood the system properly and i got a TP tigger. this was a practice trade tho so no money was made. the main thing that was keeping me from doing that was time frame alinement (being in the NY killzone)
xrp:
another loss today
Spread killed you?
mainly yesterday’s daily bias didn’t aline with today. need to get better at identifying CISD
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today is a no trade day. no time frame alinement. no news. plus its thanksgiving
happy thanksgiving everyone!
made about $100 with a spontaneous xrp trade. as soon as i saw the CISD i was out.
the past week or so has been choppy. still tho, i’m in a group were people are making like 5k in one day and risking 400x leverage. . i’m not there yet for sure. i don’t even want to be risking that much. just a steady 2R daily would be good.
overall review so far is that the focus and desire to learn as much as possible about crypto is coming very easy to me. learning that in trading there are days or times that you really shouldn’t do anything “no trade days” … but i still want to do something. like take action. so i can’t really do much besides watch / learn / refine concepts. still haven’t made a whole not of $$ i was going to recommend this sub in a group chat but i honestly haven’t seen it pay off yet. in terms of learning “stuff” yes its like beyond limitless for learning crypto trading, but the crazy wealth manifestations have not happened yet…
at least im not holding all my money in a bear market hoping to catch the falling kife. lol.
i’ve come across this AI trading system. that is consistently un reliable. so i think i just have to learn everything by hand.
i want crypto trading to be a full source of income for me. i’ve never really had a job i liked. and i’ve never been overly abundant with $$. so crypto trading could solve that. one of the teachers i know just sits down for about 10 minutes a day, looks at the chart, sets a limit order with SL and TP and walks away and lives his life, enjoying his free time. and makes 2R.
that is truly freeing for me. but i’m unemployed right now (“independant contractor” lol).
can’t find a job for the life of me.
nor do i want a job (9-5)
and i refuse to go work at the grocery store after all the BS i’ve worked for through university and past professional job.
i know i’m a smart dude.
just want a simple van life life. i have nothing tieing me down.
i think if i got to 1mil i would stop trading all together and just live a simple life.
another note.
i was listening to the Tao te ching and i really feel that book. i would love to somehow incorporate that way of being (or more precisely: Non–Being) into trading and general living. but especially trading) when nothing is done, nothing is left undone.
being centered in the tao (tiny space) and allowing the universe to move through me.
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made some $ today. didn’t hit TP but i just took gains and was out
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stopped out
hit TP
stopped out. -$40
SL -$12
my main struggle is to call CISD successfully. i found an indicator that appears to be pretty good for calling that so we will see. i think i’m going to hold off on trading until things become more stable. last week and this week have been nuts.