Gotta say, making the change last night to r/r limit did take a lot of atress away. Im conatantly tinkering with targets, second guessing myself, and trying to control greed. With the limit on r/r, the only thing I need to decide is 1:1, 1:2, or 1:3 ...

Bitcoin trading calls

Thank you Olu, so far so good. I try not to put a whole lot of weight into correlations with other markets. When I used to trade forex I would always be comparing the different pairs. It usually screwed me up more than anything. For me, its better ...

Bitcoin trading calls

Heres what im going to do, Olu. Im going to test it out right now, starting with trade im already in. Target is 80,800 (added couple hundred to pay for fees) 1:3 risk reward is max. Tired of trying to figure out targets, this makes it easy. Lets see ...

Bitcoin trading calls

I keep considering my r/r ratios. For instance, right now with the entry and stop i have, a target at 80600 is 3x what im risking. Meanwhile im over here shooting for a 9x at 88k. Big trades are how I made it out of the gutter. They dont come as ...

Bitcoin trading calls

Moving stop closer to 74800, and i dont think this thing will even touch the low of day. Its exhausting all these little moves up and down. Hard to make money unless you get in at great spot and get out quick, or get in at good spot and hold. Gotta ...

Bitcoin trading calls

It finally broke that TL. Might be a break and fake. If it gets back in there it could fly. Im targeting highlighted area

Bitcoin trading calls

Inverted chart here. Started out strong first 2 waves, then just sort of fizzled out. Not a particularly big move either in total. Again I ask myself. Do the bears even have any firepower left???

Bitcoin trading calls

Just went long with a stop at 73800

Bitcoin trading calls

Just closed this out. Not liking the price action

Bitcoin trading calls

Selloff looking a little soft. I can hope for a big move all i want, but the market has to continually confirm. Right now im seeing signs it might bottom soon for a retrace or possibly new highs. Setting TP at 74800.

Bitcoin trading calls

Been at it over 20 years now. Took WAY longer than I thought it would have to be profitable. Been over 20 years studying/watching charts almost every waking hour. But watching and studying is the easy part. The hard part is going through the many, ...

Bitcoin trading calls

I think we are all a little crazy trying to tame this beast, but here we are

Bitcoin trading calls

Just added another 1/4 size to position and moving stop to 77500.

Bitcoin trading calls

Screw it, Im setting TP at 54k in case we actually get a crazy spike down. Its above that area I just posted about, but I don't need to be THAT greedy. Hopefully this is about to get wild

Bitcoin trading calls

Of course brother, many ways to skin a cat. You gotta do what works for you. I'm able to watch charts all day (unfortunately do have to sleep), but if I wasn't would have to have to adjust my style too

Bitcoin trading calls

And a test of the broken TL as well. Many things in that exact spot. Would need to drop hard and fast though to hit that broken TL at same spot.

Bitcoin trading calls

Add another one

Bitcoin trading calls

3 important lines all right here in highlighted area. Can it drop that hard?? It's possible

Bitcoin trading calls

1000 is pretty tight for me. I put stops where I think it won't go, and adjust position size accordingly. 500 would be a very tight stop for me, and I wouldn't risk as much since the stop has higher chance of getting hit. Would like to see it get ...

Bitcoin trading calls

63k might even be conservative. On weekly there's that little TL ( i guess we can call it that) below. It might make a run for the low at 52600, just above that TL

Bitcoin trading calls