NEO. Something to do! Quick day trade 10%.

Broke above.

Trying to get in at 123.5
Target 135-140
SL 115


www.dailyfx.com/fore...h_Flag_Patterns.html
stockcharts.com...school/doku.php?id=chart_s...


+++ I am not a financial advisor (good luck finding one in crypto). Trade at your own risk +++

Trade active

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(risky btw)

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2HR inside bar formed.

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Playing around the neckline.

I might soon regret following someone else idea.
Well I went in super small and at least it broke my boredom.

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What's the probability of having 6 red days in a row? 7? 8?

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So much for a day trade...
If it doesn't go up soon, today tommorow or in 2 days, might be going way down into longer term (juicy) buy zone.

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Well we are etsting the log downtrend...

Still out of linear downtrend:

I'll be happy either way. Go down into accumulation spot I lose almost nothing and can buy a couple dozen/hundred NEO cheap, go up I make a (relatively) quick little profit.

Trade closed: stop reached:

RIP 100% winrate.
This is why you always go small on risky trades.
On the long run even 50/50 odds generate profit if RR is just at 2 (lose 100$ 50 times + win 200 50 times => 10000-5000=5000$ win) as long as the trader doesn't go all in or RIP account after a bad luck streak.

BTC killing alts :D
Going to keep waiting for NEO at 80$ then. It's probably going to bounce on 100-110$ but I'll ignore that.

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My only bad trade. Good thing I precised it was bad and from someone else XD
Should have made it private.