TradingView
calmdownbro
Jul 19, 2018 4:52 PM

BTCUSD Trade Review 

Bitcoin / United States DollarCoinbase

Description

Entry Reasons
- Break of Inverse H&S neckline @ 6800
- Clear stop level @ ~6663 (4 Hour higher low)

Buy 6800

Exit 50% position @ 7000
Exit 50% position @ 7400

Exit Reasons
- Fear of losing profit
- Extreme overbought conditions

Lessons Learned
- Trust your stop to manage trade losses, not fear
- Scale out of trade less aggressively
- Hope for bigger gains (let winners win)
More