100 trades crypto series
Day 2
Starting capital: $500
Capital at present: $526
Trades made - 8
BULL:
-Another leg up likely after strong breakout
BEAR:
-tight trading range on 5min - hard to make money
-possibility of deeper retracement to 0.328 or 50% before resuming
skunk stop (stop/loss is way too tight and furthermore, position is way too big. Unjustified stop loss means more risk. It is a low probability bet.
Day 2
Starting capital: $500
Capital at present: $526
Trades made - 8
BULL:
-Another leg up likely after strong breakout
BEAR:
-tight trading range on 5min - hard to make money
-possibility of deeper retracement to 0.328 or 50% before resuming
skunk stop (stop/loss is way too tight and furthermore, position is way too big. Unjustified stop loss means more risk. It is a low probability bet.
Trade closed: stop reached:
Stopped out with the maximum loss