LastLaughingGuy - day trading diary

[LastLaughingGuy]

Hi all,

I would like to start to post my altcoin trades here, being as transparent as possible.

(edit: i once received a ban for excessive bumping so please:)
Join me on to see charts, real time entries & exits



Why I'm doing this:
-forcing myself to trade disciplined - I just can't paper trade and will post entries and exits shortly after execution.
-planning trades more detailed - I will try to post charts I'm watching reasoning my entries & Exits, preventing to jump into trades (I'm an "overtrader")
-overall improvement due to adjustment within this thread after results/ feedback
-fun I hope and  I'm hoping for another bull run in btc trying to accumulate as many btc as possible until then

whats my trading style
- I'm a scalp and swing trader. not at all a hodler. For me 95%+ of the coins are shit coins and doomed and i treat all coins like that -except btc. I don't care about fundamentals which makes my trading technical.
- I use trendlines, support, resistance, price action, sometimes RSI and MACD histogramm, no fancy indicators - keeping it as simple as possible.
- I always have a stop loss! While trading I will execute manually. I willl never sleep in a coin without a stop loss in the system (reason see above)
- I try to cut losses usually at less than 2%. 5% if position size is small. More than 10% means i screwed up somewhere.
- I try to avoid coins with less than 200 btc daily volume or use very small position size
- orderbook may sometimes have relevance
- i trade in binance and bitmex (but bitmex tilts me)

my background
- 40y old german family father with 2 kids
- I was a full time day trader in the stockmarket from 2006-2009
- part time trading crypto since end of Jan'18 starting with 0,29 btc, currently at 2.9 btc - which is my trading capital i will use here. (how could i miss out on 2017  )

That's it for now - let's see how it goes....and never forget: nothing in this thread here is financial advise

LLG
------------------

results Oct/NOV'18  => 0,54 btc
results Dec'18  => 0,36 btc
results Jan'19  => 0,045 btc
results Feb'19  => 0,115 btc
results Mar'19  => 0,196 btc
results April'19  => 0,086 btc
results May'19  => 0,4 btc
results June'19  => 0,443 btc
results July'19  => 0,548 btc
results Aug'19  => 0,176 btc
results Sep19  => 0,026 btc
results Oct19  => -0,01 btc

results overall => 2,34 btc


overall graph:


trades Oct/Nov 18


trades Dec 18


trades Jan 19


trades Feb19


trades Mar19


trades April19


trades May19


trades June19


trades July19


trades Aug19


trades Sep19


trades Oct19

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[LastLaughingGuy]

Hi all,

first of all my opinion about btc.

short term (days / weeks): undecided - bearish tendency
mid termn (months): bearish
longterm (years): bullish

So since I'm trading and hodling btc meanwhile it wouldn't make much sense to do all that thinking btc will die.  So as already mentioned i try to accumulate as many btc as possible before the next bull run. I bought in when BTC was at 11900 $ and just try to outtrade the bear market.
However I believe that we have alot of consolidation ahead and I'm talking 12-18 months. Only when 95% of the traders have left the scene, not looking into their accounts because they dont want to feel the agony of being down 90%+ on most of their holdings - then the chances are good to see another cycle. Too many didnt deserve the huge gains they made and usualy the market takes it back.

While going down even more i think 3k is an area where i would even like to invest longterm and i will buy my kids 1 btc each on that price to hodl it for years.
Maybe we will see 8k or even 10k before going down further but i doubt we will go from here and never look back.
Additionally I think the whole cryptosphere is extremely shady and the recent bitfinex bitmex tether issues are making me puke - so yeah I'm also prepared to lose my btc's.

IF we really are at the low here I wouldn't mind either. Trading in a bull market is alot easier than in a bear market. Only my kids wouldnt have 1 btc .

LLG

[LastLaughingGuy]

here the 4h btc chart



between 6000-6800 I'm neutral. above 6800 i will be bullish short term below 6k i will be bearish.
We are currently moving sideway and meanwhile crossing the longterm down trend but volume is very low and the move not significant for me.

the current spike to 6800 i think was mainly induced by the tether fud where ppl would be into btc at the tether exchanges to get out of tether - therefore the premium. so i dont think at all that this candle demonstrates strength.
the green zone i may long on bitmex, the red zone short with tight stops.

LLG

[CbineUltra]

Hi all,

I would like to start to post my altcoin trades here, being as transparent as possible.

Why I'm doing this:
-forcing myself to trade disciplined - I just can't paper trade and will post entries and exits shortly after execution.
-planning trades more detailed - I will try to post charts I'm watching reasoning my entries & Exits, preventing to jump into trades (I'm an "overtrader")
-overall improvement due to adjustment within this thread after results/ feedback
-fun I hope and  I'm hoping for another bull run in btc trying to accumulate as many btc as possible until then

whats my trading style
- I'm a scalp and swing trader. not at all a hodler. For me 95%+ of the coins are shit coins and doomed and i treat all coins like that -except btc. I don't care about fundamentals which makes my trading technical.
- I use trendlines, support, resistance, price action, sometimes RSI and MACD histogramm, no fancy indicators - keeping it as simple as possible.
- I always have a stop loss! While trading I will execute manually. I willl never sleep in a coin without a stop loss in the system (reason see above)
- I try to cut losses usually at less than 2%. 5% if position size is small. More than 10% means i screwed up somewhere.
- I try to avoid coins with less than 200 btc daily volume or use very small position size
- orderbook may sometimes have relevance
- i trade in binance and bitmex (but bitmex tilts me)

my background
- 40y old german family father with 2 kids
- I was a full time day trader in the stockmarket from 2006-2009
- part time trading crypto since end of Jan'18 starting with 0,29 btc, currently at 2.9 btc - which is my trading capital i will use here. (how could i miss out on 2017   )

That's it for now - let's see how it goes....and never forget: nothing in this thread here is financial advise

LLG

I'll be happy to watch your deals. I am sure that You will succeed. I hope that Your 2.9 btc will increase 10 btc. Good luck!

[Red-Apple]

- I was a full time day trader in the stockmarket from 2006-2009
- part time trading crypto since end of Jan'18

you have intrigued me with these two. i hope to see more. i will try to follow your posts.
i believe the Trading Discussions board (https://bitcointalk.org/index.php?board=8.0) is better suited for this type of topic though.

the current spike to 6800 i think was mainly induced by the tether fud where ppl would be into btc at the tether exchanges to get out of tether - therefore the premium. so i dont think at all that this candle demonstrates strength.

the bitcoin-tether price does not matter at all. if you check the bitcoin-fiat (such as bitcoin-USD) charts you can see that there has been no surge at all. there was a small rise because of the drama lately but there was no "surge" and price stayed around $6500 as always.

[LastLaughingGuy]

I'll be happy to watch your deals. I am sure that You will succeed. I hope that Your 2.9 btc will increase 10 btc. Good luck!

Thank you for your kind words - i got to admit though alot of "IF's" in the equation - lets see

i believe the Trading Discussions board (https://bitcointalk.org/index.php?board=8.0) is better suited for this type of topic though.

the current spike to 6800 i think was mainly induced by the tether fud where ppl would be into btc at the tether exchanges to get out of tether - therefore the premium. so i dont think at all that this candle demonstrates strength.

the bitcoin-tether price does not matter at all. if you check the bitcoin-fiat (such as bitcoin-USD) charts you can see that there has been no surge at all. there was a small rise because of the drama lately but there was no "surge" and price stayed around $6500 as always.

Ok thank you - i thought its mainly about Bitcoin in that economy corner. if it makes sense i don't mind to let the thread being moved.

And with regards to the 2nd point i got a completely different opinion, because tether trades have such a high volume it has an influence. with 6800 i was looking at bitmex which i think got influenced by the bitfinex price. but you are right it was more than just the tether losing so much value. We also saw a big short squeeze and maybe some fomo of ppl thinking we may have broken the downtrend. Coinbase for example did also move to 6800 and is fiat based.

LLG


currently looking at Nano, ICX, XRP, GVT also has a very bullish chart.

But volume on a sunday really is an issue which would result -if I will enter a trade - in reducing my position size since the noise is way higher resulting in less sucessfull trades.

NANO at the downtrend line. if it breaks with volume confirmation i may enter. the  green zone i will buy some if we would go there.



ICX i may enter if strength builds up above 1090.


XRP looks nice above 7200


GVT I'm waiting for a pullback for an entry



thats it for now. I'm going out with the kids in the afternoon -so I dont think i will open any position until evening.

LLG

[fudster]

Tether and bitcoin pair is the best to trade as there is big volume to it and there will be no loss when you exit with USDT and then buy back BTC after dip, its what most of the traders do. I hope to see your 2.9 BTC increase. If there were only copy trade.

Any pro trader would have looked at crypviser today, for some reason it pumped over 100% on hadax. There will probably be a dump somewhere down the line as usual but would have been good to get those gains today

I don't know about that Thule has gone nuts today in meta which I think he was one of the top holder of that coin, top in the richlist. He'll soon dump all he got.

[carlfebz2]

Tether and bitcoin pair is the best to trade as there is big volume to it and there will be no loss when you exit with USDT and then buy back BTC after dip, its what most of the traders do. I hope to see your 2.9 BTC increase. If there were only copy trade.

Copy trade wont really be a bad idea but those technical tips above aren't bad at all.Maybe I would add up these analysis as a preference.A day trader came from stocks to forex will definitely
feel up the changes when it comes to volatility.Im still amazed with that starting capital he do able to make it grow on a short time.

[LastLaughingGuy]

Any pro trader would have looked at crypviser today, for some reason it pumped over 100% on hadax. There will probably be a dump somewhere down the line as usual but would have been good to get those gains today

Hi Sensei,

despite the fact that I'm not a pro trader, those trades aren't for me. some coin i never heard of on an exchange i never heard of . I think once in the last 10 months I made like 30% with TRON overnight. But the position size on those coins is almost always  max. 10-20% of my trading capitial. I'm looking for the smaller gains.

"homeruns are for losers" - i think its from the book tools and tactics of a master day trader. I'm super happy to catch one of those once in a while but its pure luck and coincidence in my case. 

Tether and bitcoin pair is the best to trade as there is big volume to it and there will be no loss when you exit with USDT and then buy back BTC after dip, its what most of the traders do. I hope to see your 2.9 BTC increase. If there were only copy trade.

I try to avoid tether as much as possible tbh and would love if binance would get fiat pairs instead.
Buying the dip is easy in retrospec but in the moment tether loses 5-10-15 -20% ....there is a chance that thing is imploding. i think its a scam. maybe it has only like a 5% chance to fail soon but that means we got a 1 in 20 chance to go broke with that strategy. If you want to stay in the game for many years you need to avoid those things at all costs. Sooner or later you will get trapped there. It is all about preservation of your trading capital, after that comes the goal to increase that.

After i startet trading in 2001 i took that lesson with Enron (u guys can google it if you dont know what it is) I lost like 40% of my capital on that one. Chart sais it all... there was no dip


(for some reason the pic won't show - just the link)

LLG


so - went swimming with the kids - the only alarm which went off meanwhiole was MOD breaking 16000. It went to 17220 but pulled back. I may enter around 16300 if we built up strength. I like the shape of the bottom which formed during the last days.
again ..small position if so. Its a fast mover in both directions

[bob3772]

Best of luck, I will keep an eye on this in the hope of learning some myself. Going 10x in BTC this year is pretty impressive given how badly the whole market has been performing in that time period.

[Cryptomilz]

This is definitely a thread to keep an eye on. I'll be looking to learn a lot from you, especially from your wealth of experience. I've just bookmarked this thread for ease of reference. Love the fact that you're balancing work with family, the kids don't miss you in their lives because you're buried in your TA and trades monitoring. Guess I'm in for an amazing run with you..

[coinswebid]

Best of luck, I will keep an eye on this in the hope of learning some myself. Going 10x in BTC this year is pretty impressive given how badly the whole market has been performing in that time period.

Yep, this really great result
But, The OP can do that
Because, he focused to increase his bitcoin amount, and i believe everybody can do that as we can control our patience and use a good money management system

[LastLaughingGuy]

This is definitely a thread to keep an eye on. I'll be looking to learn a lot from you, especially from your wealth of experience. I've just bookmarked this thread for ease of reference. Love the fact that you're balancing work with family, the kids don't miss you in their lives because you're buried in your TA and trades monitoring. Guess I'm in for an amazing run with you..

Thank you ...and yeah not easy to spend enought time with kids. Working full time too which translates into a 50-60h week.

Yep, this really great result
But, The OP can do that
Because, he focused to increase his bitcoin amount, and i believe everybody can do that as we can control our patience and use a good money management system

good money / risk management + taking care of your losing trades to not let them grow too much is key  - the rest will come by itself.
and lets see how the perfomance goes. That growth I dont expect to be sustainable.


I only had one alarm today from QKC - i hit my first green zone - prior resistance and abit under the 38.2 retracement. i didnt buy in because i wouldnt have been able to follow the trade during my work. if we go there again i will be less inclined to take the trade since i expect to have a more extended retrace after the huge run from 420. Next zone would be the 760 area. i will definatley look for a buy there. prior resitance and 50% retracement - i think we will see at least a short term bounce from there.



LLG


2000 AE long 1960 stop loss 2%

at support






Adding 1k of AE at 1995 - stop loss of all 3k moved to 1956

QKC nice bounce after restest of the support area ...but as said i didnt buy there

[cuenzy]

Cool. I'm checking out this thread to see some systems that you put in place and see how they perform. So far so good. I like the simpler the better principle in trading. Hope you got more gains. 

[santouao]

Probably you missed the bullish time due to your technical trading skills. During that time, technical analysis was not important since a bubble burst is to high to predict and underatand. The trend keeps moving up and suddenly down then a quick up. Imagine a 30mins gap and a 1k$ change, thats unusual and cannot be explain clearly by analysis. Holders are sometime winners without keeping their head busy on graphs and charts everyday. But I didnt say their lucky enough but you are much luckier to have those skills which can be used on a bearish market like now. Anyway nice OP mate. Thanks foe sharing your experience! That was a dope post, love it.

[LastLaughingGuy]

long DASH 20  at 0,023614
usually I will only post trades in realtime but i was longing in the middle in the night, the coin didnt move yet and the setup is still valid so iam counting it in

specualting a break out of the falling wedge.  0,025500 would be a nice target. Stop loss is at 0,023299


will be coming late from work today -so no updates in the next 15h ...

LLG

[legenduim]

It's generally good that you spread the results of trading operations that have been carried out, perhaps it will be useful to someone who is just beginning to study the cryptocurrency market.

[LastLaughingGuy]

Hi all,

I sold my AE at 2000.


The bounce to almost 2100 was nice last night.


Unfortunately at binance there are no  OCO-orders available (one cancels other). Basically it means i can't have stop loss and sell order in place at the same time. So often it happens that i miss a move at night not managing the trade.
Should have moved my stop loss this morning to 2000. It droped to 1970 during the day and i was lucky not to get stopped out.

It's generally good that you spread the results of trading operations that have been carried out, perhaps it will be useful to someone who is just beginning to study the cryptocurrency market.

I could do something like that



LLG


Dash I'm still in - not really exited. Maybe we are making a higher low here and can push through the 23800 region and pick up some momentum coming from the break of the wedge but volume is not high so yeah it just needs one whale to stop me out. a small down dip to catch those stop losses like mine are also not uncommon but i let the position go and see if i will get stopped out. RSI is increasing so we got a little divergence in our favour but not a great setup overall.

Probably you missed the bullish time due to your technical trading skills. During that time, technical analysis was not important since a bubble burst is to high to predict and underatand. The trend keeps moving up and suddenly down then a quick up. Imagine a 30mins gap and a 1k$ change, thats unusual and cannot be explain clearly by analysis. Holders are sometime winners without keeping their head busy on graphs and charts everyday. But I didnt say their lucky enough but you are much luckier to have those skills which can be used on a bearish market like now. Anyway nice OP mate. Thanks foe sharing your experience! That was a dope post, love it.

I missed out 2017 because i thought there were only a handfull of coins and btc bubbling. little did i know - i had no idea that there were 1000's and real infrastructure to trade them convenietly. but it also took me week of research to figure out wehre to buy btc and where to trade..


thx  @cuenzy


XRP long 7053 - 15600 - very strong

EDIT
update - sold half 7162
 coinbase rumours it seems
https://www.reddit.com/r/Ripple/comments/9qscgp/dfs_approves_coinbase_trust_to_offer_custody/


2nd edit .did add 7500 again at 7257 where it is trading now -stop loss for all at 7219


closed the XRP trade - sold all for 7252

here the trades like told:



really nice candle for xrp - failed at the resistance 73-74 for now once it breaks i guess we will see 78 quickly. would be looking for a re-entry setup, but its late already




trade overview:

[fasdorcas]

Hi all,

I would like to start to post my altcoin trades here, being as transparent as possible.

Why I'm doing this:
-forcing myself to trade disciplined - I just can't paper trade and will post entries and exits shortly after execution.
-planning trades more detailed - I will try to post charts I'm watching reasoning my entries & Exits, preventing to jump into trades (I'm an "overtrader")
-overall improvement due to adjustment within this thread after results/ feedback
-fun I hope and  I'm hoping for another bull run in btc trying to accumulate as many btc as possible until then

whats my trading style
- I'm a scalp and swing trader. not at all a hodler. For me 95%+ of the coins are shit coins and doomed and i treat all coins like that -except btc. I don't care about fundamentals which makes my trading technical.
- I use trendlines, support, resistance, price action, sometimes RSI and MACD histogramm, no fancy indicators - keeping it as simple as possible.
- I always have a stop loss! While trading I will execute manually. I willl never sleep in a coin without a stop loss in the system (reason see above)
- I try to cut losses usually at less than 2%. 5% if position size is small. More than 10% means i screwed up somewhere.
- I try to avoid coins with less than 200 btc daily volume or use very small position size
- orderbook may sometimes have relevance
- i trade in binance and bitmex (but bitmex tilts me)

my background
- 40y old german family father with 2 kids
- I was a full time day trader in the stockmarket from 2006-2009
- part time trading crypto since end of Jan'18 starting with 0,29 btc, currently at 2.9 btc - which is my trading capital i will use here. (how could i miss out on 2017   )

That's it for now - let's see how it goes....and never forget: nothing in this thread here is financial advise

LLG

It is very obvious considering what you have posted that you have some through bred knowledge with which you have been able to acquire I guess, and you actually look like someone who is principled enough to at least excel in the long run.

It is a good one, at least, it can always help you to stay disciplined while keeping track of your achievements along the line, which is something I believe that as you keep doing over time, you are going to be learning from it and as well, helping others to learn from your actions as well. I always like to see new traders taking the learning approach very seriously.

[Joshua101101]

This is quite possible, but now the market needs to catch its breath, now there are many small unconfirmed transactions, and with an increase in demand for calculations, miners raise a Commission.

[Kallipso]

Now just to the topic of bitcoin joined a lot of people who essentially do not understand what it is, but rowing from the herd feeling, thinking that it will grow indefinitely, and will also buy.

[ssuchy]

Now just to the topic of bitcoin joined a lot of people who essentially do not understand what it is, but rowing from the herd feeling, thinking that it will grow indefinitely, and will also buy.

I think that this is not the fault of these people, namely those who conducted PR cryptocurrency in 2015 and 2016. After all, agree with me that the reality was a very large company for the promotion of cryptocurrency, in particular, Bitcoin. People have been shown the opportunity to earn huge money, and today we see the results of this PR action.

[LastLaughingGuy]

Dash I'm still in - not really exited. Maybe we are making a higher low here and can push through the 23800 region and pick up some momentum coming from the break of the wedge but volume is not high so yeah it just needs one whale to stop me out. a small down dip to catch those stop losses like mine are also not uncommon but i let the position go and see if i will get stopped out. RSI is increasing so we got a little divergence in our favour but not a great setup overall.

Hi all,

Dash trade is developing. Moved my stop loss to 23799 - slightly into profit and plan to let it go hopefully to 25300-25500 (25600-25900 should be resistance area and is also technically the target zone of the wedge playing out. 25000 can be resistance too. I will put my stop losses below higher lows. If i get stopped out so be it - trade is not in the red which should be our main goal.


LLG

This is quite possible, but now the market needs to catch its breath, now there are many small unconfirmed transactions, and with an increase in demand for calculations, miners raise a Commission.

Now just to the topic of bitcoin joined a lot of people who essentially do not understand what it is, but rowing from the herd feeling, thinking that it will grow indefinitely, and will also buy.

I think that this is not the fault of these people, namely those who conducted PR cryptocurrency in 2015 and 2016. After all, agree with me that the reality was a very large company for the promotion of cryptocurrency, in particular, Bitcoin. People have been shown the opportunity to earn huge money, and today we see the results of this PR action.

guys i got no clue how this is related to the trading and Joshua - i dont even have a clue what you mean - honestly - sorry maybe you can explain - or is it an analogy?

It is a good one, at least, it can always help you to stay disciplined while keeping track of your achievements along the line, which is something I believe that as you keep doing over time, you are going to be learning from it and as well, helping others to learn from your actions as well. I always like to see new traders taking the learning approach very seriously.

Thank you


Nano above 32500 very intersting. break of resistance and midterm downtrend

[PizzaBTC]

It's generally good that you spread the results of trading operations that have been carried out, perhaps it will be useful to someone who is just beginning to study the cryptocurrency market.

Most of the term it is always a good thing for your own learning purposes and the act of wanting to get disciplined as the case may be. Reading through what the OP has posted mostly, I can see that this is someone who is not just ready to learn, but ready to do things right and in such cases like this, and it helps give room for constructive criticism that will always be of help with certain decisions in the long run.

It is a great step and I wish the OP good luck. Trading generally requires knowledge and a lot of discipline and it seems he has both, so I see someone who will likely excel in this.

[Vit83]

Now IMHO time to wait for movement, and after that to understand what to do. I see quite low volumes on BTC and if BTC will fall it will ruin all markets.

[LastLaughingGuy]

Hi all,

sorry didnt have time yesterday.

Sold my DASH at 23936 - bought 23614 - developed weaker than expected so i got rid of it instead of hoping it would go up - saving at least 1% profit - not much -but better than losses and it adds up.



and the orders:






QKC long 66,5k at 763- i  bought earlier on the phone when the alarm went of and couldnt post it in real time but since its at 763 this moment I can count it in.



 abit fomo buy - i can wait that a bottom forms. the area is prior resistance and 50% retracement area of the last big move from 420 to 1140. stop loss is 745.

It's generally good that you spread the results of trading operations that have been carried out, perhaps it will be useful to someone who is just beginning to study the cryptocurrency market.

Most of the term it is always a good thing for your own learning purposes and the act of wanting to get disciplined as the case may be. Reading through what the OP has posted mostly, I can see that this is someone who is not just ready to learn, but ready to do things right and in such cases like this, and it helps give room for constructive criticism that will always be of help with certain decisions in the long run.

It is a great step and I wish the OP good luck. Trading generally requires knowledge and a lot of discipline and it seems he has both, so I see someone who will likely excel in this.

Thanks but alot of credit - lets see first how it goes!


Long GVT 250 at 0,0020636

abit risky if we lose 0,00200 it can go to 190 -stop loss 0,0019999




Nano strong - very nice chart - may long if 32k breaks







i also did long ZIL this morning - but could not post it on my phone. Since its not reaching my entry atm i will not count it in. but the setup is decent so i want to post it here



it broke the resistance around 540 and went to 568 - i longed the pullback at 550

the daily looks nice too






long NANO 1566 at 32130


it is really annoying - somehow i cant make it work that the pictures show up directly - only the links.i guess i'm getting to old for this 

[rez303]

Your rules will be a good foundation for those who are interested in investing. Newcomers are often embarrassed about financial management and this article will help them better understand this issue. Hopefully you will continue to have daily updates.

[LastLaughingGuy]

Long GVT 250 at 0,0020636

abit risky if we lose 0,00200 it can go to 190 -stop loss 0,0019999

Update: bought 100 more at 0,0020650 - Stop loss for all at 0,0020299 now

basically increasing risk and reward - speculating for a double bottom. but with such a tied stop it just needs a strong seller and i will get stopped out. if we turn here, 5% can be possible -so its a 1:3 risk reward ratio for me

Long GVT 250 at 0,0020636

abit risky if we lose 0,00200 it can go to 190 -stop loss 0,0019999

Update: bought 100 more at 0,0020650 - Stop loss for all at 0,0020299 now

basically increasing risk and reward - speculating for a double bottom. but with such a tied stop it just needs a strong seller and i will get stopped out. if we turn here, 5% can be possible -so its a 1:3 risk reward ratio for me

Sold 175 GVT at 0,0021590



upmove more agressive than i expected - thats why iam holding 50% for abit longer



Sold 175 GVT (rest) at 0,0022024 wow that was quick - its at 0,00224 while iam typing that ...but Im very happy with the trade

here my GVT orders as posted:

[Lan75]

- part time trading crypto since end of Jan'18 starting with 0,29 btc, currently at 2.9 btc -

This is the part that intrigues me. You started with 0.29 btc and it grows up to 2.9 btc? If that is the situation then you are one hell of a good trader bud. I would love to watch your progress here as i want to be like you. 

[LastLaughingGuy]

QKC long 66,5k at 763- i  bought earlier on the phone when the alarm went of and couldnt post it in real time but since its at 763 this moment I can count it in.



 abit fomo buy - i can wait that a bottom forms. the area is prior resistance and 50% retracement area of the last big move from 420 to 1140. stop loss is 745.

just sold my QKC for 765 - it did look good - went to 782 (my target was around 800) but suddenly agressive selling with the result of dropping 2.5%. maybe fake orders but cant take that risk into the night.




here my orders:



next target to look at for me is actually 640-660 area. its the 61.8 retracement area where i expect longer consolidation and an extended upmove from there

- part time trading crypto since end of Jan'18 starting with 0,29 btc, currently at 2.9 btc -

This is the part that intrigues me. You started with 0.29 btc and it grows up to 2.9 btc? If that is the situation then you are one hell of a good trader bud. I would love to watch your progress here as i want to be like you. 

feel free to drop by here from time to time and ask if something is not clear


Iam calling it a night.

I'm still in Nano and ZIL (ZIL only as a side note since i could not post my entry in time)

In retrospec i did not like my entry on nano at 0.0003213. Too much fomo - should have waited for consolidation. The reason why iam not selling here despite of being down 1.5% is the fact that the scenario of broken trendline is still intact and even here i could find an entry. doesnt make much sense to sell at a point where i normaly would like to buy.

so iam still consideruing the green scenarios for likely - red one would be a not so nice 4% loss.



here my trade overview so far:


CU tomorrow

[vit05]

it is really annoying - somehow i cant make it work that the pictures show up directly - only the links.i guess i'm getting to old for this  

Newbie cannot post images. Read more here. About the topic, I liked your initiative. It's always good to see people with the courage to demonstrate what they're doing. but it would be interesting if you could comment a little more on your decisions.

And mostly avoid putting that made such a decision, but forgot to post. The cool of topics like this is when it actually occurs in real time. It would be interesting to put links explaining more the instruments that you use. It would attract more people and help them understand better.

I'll quote some of your images so people could see on the topic.

Hi all,

sorry didnt have time yesterday.

Sold my DASH at 23936 - bought 23614 - developed weaker than expected so i got rid of it instead of hoping it would go up - saving at least 1% profit - not much -but better than losses and it adds up.



and the orders:

QKC long 66,5k at 763- i  bought earlier on the phone when the alarm went of and couldnt post it in real time but since its at 763 this moment I can count it in.



 abit fomo buy - i can wait that a bottom forms. the area is prior resistance and 50% retracement area of the last big move from 420 to 1140. stop loss is 745.

Long GVT 250 at 0,0020636

abit risky if we lose 0,00200 it can go to 190 -stop loss 0,0019999

Nano strong - very nice chart - may long if 32k breaks

i also did long ZIL this morning - but could not post it on my phone. Since its not reaching my entry atm i will not count it in. but the setup is decent so i want to post it here



it broke the resistance around 540 and went to 568 - i longed the pullback at 550

the daily looks nice too

.

[LastLaughingGuy]

it is really annoying - somehow i cant make it work that the pictures show up directly - only the links.i guess i'm getting to old for this 

Newbie cannot post images. Read more here.

About the topic, I liked your initiative. It's always good to see people with the courage to demonstrate what they're doing. but it would be interesting if you could comment a little more on your decisions.

And mostly avoid putting that made such a decision, but forgot to post. The cool of topics like this is when it actually occurs in real time. It would be interesting to put links explaining more the instruments that you use. It would attract more people and help them understand better.

Hi vit,
- Newbie cannot post images.
=> thank you! i guess i ll buy a membership then.

- And mostly avoid putting that made such a decision, but forgot to post. The cool of topics like this is when it actually occurs in real time.
=> infact all trades which are shown in my overview are posted in real time (at least the entry). one exception was the QKC trade yesterday but as stated, i did add it into my list since the price was - while posting it here- exactly at my entry price. I don't forget to post trades. This transparency is infact very important for me since it is the purpose of this diary to post the trades in realtime forcing myself to not just jump into trades. (I'm annoyed myself by 90% of the post which are like "wow look at XXX-[Suspicious link removed]d that i bought yesterday -iam up already 25%).
Posting all my exits in realtime will be impossible though. I'm working full time having a 50-60h week. i do trade on my phone meanwhile and e.g. if BTC crahses i may sell from one moment to another all my positions. But for any finished trade I'm also showing my binance trading history to proof that the exit was not just picking the high in retrospec.

-It would be interesting to put links explaining more the instruments that you use[/b]
=> i actually checked what you mean and have to admit i may be not explaining enough. basically it is because for me it's all clear if i post a chart with some lines which already tell the whole story. or when i say "nano strong" for me it means increased volume and buy pressure   but it may not much sense for others.  so - yes - thank you for the hint, i will work on that!


LLG







adding 1444 NANO at 0,003244 to my position

Iam calling it a night.

I'm still in Nano and ZIL (ZIL only as a side note since i could not post my entry in time)

In retrospec i did not like my entry on nano at 0.0003213. Too much fomo - should have waited for consolidation. The reason why iam not selling here despite of being down 1.5% is the fact that the scenario of broken trendline is still intact and even here i could find an entry. doesnt make much sense to sell at a point where i normaly would like to buy.

so iam still consideruing the green scenarios for likely - red one would be a not so nice 4% loss.



here my trade overview so far:

CU tomorrow

[thunderbitz2717]

Hi all,

I would like to start to post my altcoin trades here, being as transparent as possible.

Why I'm doing this:
-forcing myself to trade disciplined - I just can't paper trade and will post entries and exits shortly after execution.
-planning trades more detailed - I will try to post charts I'm watching reasoning my entries & Exits, preventing to jump into trades (I'm an "overtrader")
-overall improvement due to adjustment within this thread after results/ feedback
-fun I hope and  I'm hoping for another bull run in btc trying to accumulate as many btc as possible until then

whats my trading style
- I'm a scalp and swing trader. not at all a hodler. For me 95%+ of the coins are shit coins and doomed and i treat all coins like that -except btc. I don't care about fundamentals which makes my trading technical.
- I use trendlines, support, resistance, price action, sometimes RSI and MACD histogramm, no fancy indicators - keeping it as simple as possible.
- I always have a stop loss! While trading I will execute manually. I willl never sleep in a coin without a stop loss in the system (reason see above)
- I try to cut losses usually at less than 2%. 5% if position size is small. More than 10% means i screwed up somewhere.
- I try to avoid coins with less than 200 btc daily volume or use very small position size
- orderbook may sometimes have relevance
- i trade in binance and bitmex (but bitmex tilts me)

my background
- 40y old german family father with 2 kids
- I was a full time day trader in the stockmarket from 2006-2009
- part time trading crypto since end of Jan'18 starting with 0,29 btc, currently at 2.9 btc - which is my trading capital i will use here. (how could i miss out on 2017   )

That's it for now - let's see how it goes....and never forget: nothing in this thread here is financial advise

LLG

I admired the experienced you have in trading industry, its good to know that before you got here in this business you had an advantage to do trading in bitcoin or crypto. I could say you are one of the good traders in this industry. You have a good mindset either being a trader too. You're sole aim was impressive, I wonder what did you do to multiply it by 10 your capital, I was thinking that you applied day trade, bearish and bullish but not sure about it. Probably, you are good good to be watch while you're taking your journey in this crypto/bitcoin trading business.

[LastLaughingGuy]

adding 1444 NANO at 0,003244 to my position

Reasoing:
-break of the midterm downtrend after toucheing it several times (red arrows)
-break of the 0,003200 resistance zone. Red zone was resistance (red circles) than support (green circles) and became reisstance again after a sharp sell off (red circle).
-the RSI is abit high at the moment so a pullback is likely ( green line). Usually a pullback tests the prior resistance which then became support


 


and here the reasoing for the addon:

I admired the experienced you have in trading industry, its good to know that before you got here in this business you had an advantage to do trading in bitcoin or crypto. I could say you are one of the good traders in this industry. You have a good mindset either being a trader too. You're sole aim was impressive, I wonder what did you do to multiply it by 10 your capital, I was thinking that you applied day trade, bearish and bullish but not sure about it. Probably, you are good good to be watch while you're taking your journey in this crypto/bitcoin trading business.

i did some short selling on bitmex. but overall i sent 0.3 btc to bitmex which is right now at 0,21 btc. I keep it there to maybe short btc when we break 5800 so i dont have to go into tether on my binance account.
more than 95% of the profits came from long trades like I'm posting here.



long 200 GVT at 0,0019345

Reasoning:
-around 30% drop from its high
-trendline as support at around 0,00189  i would add there some more
- horizontal support area (dark green) prior resistance

i think the setup is good. iam willing to add some more and also risk some more since i want to use this opportunity.

PS: iam copper member - so enjoy the pics yeah




Nano trade very unpleasant

explanation on the chart

long 200 GVT at 0,0019345

Reasoning:
-around 30% drop from its high
-trendline as support at around 0,00189  i would add there some more
- horizontal support area (dark green) prior resistance

i think the setup is good. iam willing to add some more and also risk some more since i want to use this opportunity.

PS: iam copper member - so enjoy the pics yeah

https://www.tradingview.com/x/9yvGWMBk/

adding 200 GVT 0,00198 stop loss for all now 0,0019299


long 10000 GNT at 2691

(since it is a coin with only 100btc daily volume my position size is only 0.26 btc)

Stop loss 2649
Reasoning:

-speculation that it finds support at the trendline (blue ) and the horizontal support (green)
-RSI on the 1h chart below 30
-next candle could be a hammer



sold 400 GVT at 0,0019247

the add on at 198 was a mistake. it made me raise my stop bcs i didnt want to risk so much. iam looking for a reentry though. waiting for a dip below 190 now.

here my executed orders:

[Victorycoin]

Long GVT 250 at 0,0020636

abit risky if we lose 0,00200 it can go to 190 -stop loss 0,0019999

Quite impressive, I must say and going through your posts, one can see how the journey to BTC2.9 was made possible from BTC0.29, keep it up! I relish the part, where you nonetheless create time for family. That's exactly how it should be, when we make all the money without family to share it with, then are we really poor.

I want to know though why except for Dash, you seem not to be interested in the more established coins, which obvious should have more liquidity?

Here's what my take in the above trade formation would look like - coming from a Head n Shoulders formation.

[Lan75]

How do you set your stop loss? Is it the percentage of the price or just a gut feeling?

[LastLaughingGuy]

Long GVT 250 at 0,0020636

abit risky if we lose 0,00200 it can go to 190 -stop loss 0,0019999

Quite impressive, I must say and going through your posts, one can see how the journey to BTC3 was made possible from BTC0.26, keep it up! I relish the part, where you nonetheless create time for family. That's exactly how it should be, when we make all the money without family to share it with, then are we really poor.

I want to know though why except for Dash, you seem not to be interested in the more established coins, which obvious should have more liquidity?

Here's what my take in the above trade formation would look like - coming from a Head n Shoulders formation.

The opposite actually - the more daily volume the better. i actually hate the coins which trade below 500 btc/day. but days are tough atm. low volume - would be also fine to take 2 weeks off i guess - but since i love trading and want to post something i take the best setups i can find. maybe i miss some good one in the more known coins.

to your chart:


i think GVT saw his high for a while and a big head an shoulders formation may form but yeah iam exactly now looking for the correction of the recent downmove from 270 to 183 ....i actually may go long shortly




long 200 GVT at 18325 i will add if we go deeper to 178-180

long 200 GVT at 18325 i will add if we go deeper to 178-180

100 more at 18051

long 200 GVT at 18325 i will add if we go deeper to 178-180

100 more at 18051

]https://www.tradingview.com/x/NfadWhzc/

[/url]


100 more at 176000 pretty much panic at the moment.

How do you set your stop loss? Is it the percentage of the price or just a gut feeling?

there are several ways i use actually.
First the most important one i use in "survival mode". It happens when markets are very tough and i have a losing streak.
then i risk 0.5% of my account per trade and take it as fixed stop loss (if account gets to big you can also take a fixed btc ammount). So actually the size of my position determines the stop loss. If i want to have a wider stop loss in that case i need to lower my position size.
 
I prefer to place stop losses under support. if iam managing the trade and will adjust the stop loss i prefer to put them under the last local low. YES - often stops do get hunt - but thats part of the game. you accept that or you get very greedy with your entries and actually look for entries at those areas.

the nano chart i posted earlier today is an example which shows where iam putting my stop loss.


PHX is cryptoinsanity at the moment - went to 1k satoshi and got dumped to 500 instantly. ppl lost 50% in a second...

here the 1 minute chart:

long 10000 GNT at 2691

(since it is a coin with only 100btc daily volume my position size is only 0.26 btc)

Stop loss 2649
Reasoning:

-speculation that it finds support at the trendline (blue ) and the horizontal support (green)
-RSI on the 1h chart below 30
-next candle could be a hammer
https://www.tradingview.com/x/qoyVnBAf/

Stop loss sold 10000 GNT with average 2638.
overall market very weak now - maybe could have save 1-2% by just selling it after it didnt move up above 2700

here the trades like posted:

adding 1444 NANO at 0,003244 to my position

Reasoing:
-break of the midterm downtrend after toucheing it several times (red arrows)
-break of the 0,003200 resistance zone. Red zone was resistance (red circles) than support (green circles) and became reisstance again after a sharp sell off (red circle).
-the RSI is abit high at the moment so a pullback is likely ( green line). Usually a pullback tests the prior resistance which then became support

sold all  3010 Nano at 3059 (stop loss)
worst trade of the week. like mentioned before mistake was to add on and not reducing position after it was clear that we would fail again above 33. So i took all the ride down. The problem with pullbacks to the trendline in those situations is that the stop loss area is going lower the longer the pullback last.  very unhappy with my trade here.



here the orders like posted



Hi all,

i hope you guys have a nice sunday - i didnt trade the day since its the day i have the most time to spend with my kids.

my only position i have still is GVT. it bounced nicely after i went to bed (as usual ) and missed a very good exit. but it acutally looks quite stable now and its not unreasonable that we see 210 or even 220. Rest is in the chart.

[Victorycoin]

Hi all,

i hope you guys have a nice sunday - i didnt trade the day since its the day i have the most time to spend with my kids.

my only position i have still is GVT. it bounced nicely after i went to bed (as usual ) and missed a very good exit. but it acutally looks quite stable now and its not unreasonable that we see 210 or even 220. Rest is in the chart.

Looks to me you do not give much attention to your RSI, else the subsequent long positions you took should have waited until market is oversold as above and that might mean, you also missed good and less risky entry point.

[LastLaughingGuy]

Hi all,

sold 400 GVT average 0,0018595
disappointing - on top of that due to the weakness of btc i could not sell around 190 which was my latest stop loss region.



here my orders like posted:

Hi all,

i hope you guys have a nice sunday - i didnt trade the day since its the day i have the most time to spend with my kids.

my only position i have still is GVT. it bounced nicely after i went to bed (as usual ) and missed a very good exit. but it acutally looks quite stable now and its not unreasonable that we see 210 or even 220. Rest is in the chart.

https://www.tradingview.com/x/QgZuvIMt/

Looks to me you do not give much attention to your RSI, else the subsequent long positions you took should have waited until market is oversold as above and that might mean, you also missed good and less risky entry point.

Hi,

i actually disagree

Entries were around an RSI of 21-22 in the 1h chart. even in my prior trade where i entered at 192 the RSI was below 30 which is basically were you enter oversold territory.
In retrospec its easy to say i could have entered lower. I would too if someone would tell me earlier that this evening the 4h RSI hit a low we saw last time 13th of August.
 
LLG


BTC interesting now. They dont buy it up immidiatly. i guess we will go down to the green zone. we clearly left the range of the last 13 days. Iam very careful now with longing coins.





Here my trades liike posted since start of the diary - pretty much non-event .

all fine for me -except the nano trade which was poorly traded.

[horrifiedx1]

Hi all,

i hope you guys have a nice sunday - i didnt trade the day since its the day i have the most time to spend with my kids.

my only position i have still is GVT. it bounced nicely after i went to bed (as usual ) and missed a very good exit. but it acutally looks quite stable now and its not unreasonable that we see 210 or even 220. Rest is in the chart.

Looks to me you do not give much attention to your RSI, else the subsequent long positions you took should have waited until market is oversold as above and that might mean, you also missed good and less risky entry point.

i think from the chart, it will reach the end of the triangle, where after that there will usually be a breakout signal. and there are still 2 possibilities, namely breakout up or down. therefore prepare some strategies to anticipate them

[LastLaughingGuy]

long DOCK 60k at 0,00000450
small position since its a pump hype coin ...anything can happen



long 5000 OAX 4939

edit: i think in the future i will not post those scalps since while posting it -it basically alrdy did hit my exit target around 5200 but did not exit for showing first clean entry and exit here ...

2nd Edit
long 5000 OAX 4751 this time at the 61.8 retracement ..that escalates quickly ..


3rd Edit: Oax at 4508 - getting totally screwed here - i cought the pnd coin which doesn't show any counter move anymore  . iam just waiting for an upmove to sell in to but i know already it will be good loss.

long DOCK 60k at 0,00000450
small position since its a pump hype coin ...anything can happen

moved stop loss to 0,00000449 - not giving it any more room to the downside
EDIT:
60K more long at 0,0000455

Stop loss for all 120k now 0,00000449

long 5000 OAX 4939

edit: i think in the future i will not post those scalps since while posting it -it basically alrdy did hit my exit target around 5200 but did not exit for showing first clean entry and exit here ...

2nd Edit
long 5000 OAX 4751 this time at the 61.8 retracement ..that escalates quickly ..


3rd Edit: Oax at 4508 - getting totally screwed here - i cought the pnd coin which doesn't show any counter move anymore  . iam just waiting for an upmove to sell in to but i know already it will be good loss.

Sold OAX 10k at average: 0,00004522 for a 0,03btc and almost -7% loss. will recap later - super bad trade

here the orders:

long DOCK 60k at 0,00000450
small position since its a pump hype coin ...anything can happen

moved stop loss to 0,00000449 - not giving it any more room to the downside
EDIT:
60K more long at 0,0000455

Stop loss for all 120k now 0,00000449

Sold 120k DOCK for 0,00000461 saving the 1.5% gain here. volume is drying up, danger of a dump increases. should have sold half at the resistance around 475 but thats always easy to say in retrospec


here the orders

[Reid]

Tether and bitcoin pair is the best to trade as there is big volume to it and there will be no loss when you exit with USDT and then buy back BTC after dip, its what most of the traders do. I hope to see your 2.9 BTC increase. If there were only copy trade.

I try to avoid tether as much as possible tbh and would love if binance would get fiat pairs instead.
Buying the dip is easy in retrospec but in the moment tether loses 5-10-15 -20% ....there is a chance that thing is imploding. i think its a scam. maybe it has only like a 5% chance to fail soon but that means we got a 1 in 20 chance to go broke with that strategy. If you want to stay in the game for many years you need to avoid those things at all costs. Sooner or later you will get trapped there. It is all about preservation of your trading capital, after that comes the goal to increase that.

After i startet trading in 2001 i took that lesson with Enron (u guys can google it if you dont know what it is) I lost like 40% of my capital on that one. Chart sais it all... there was no dip


(for some reason the pic won't show - just the link)

LLG

Good thing you see the future of Tether.
That is the real thing that will happen. Soon all those money that is in there will be like dust. They wont even see it when the wind blew all of a sudden.
So what coin or token are you pairing your bitcoin?
Yeah would also love if there is fiat to be paired with but that is somehow impossible though it is a good thing also for the crypto  currencies to be used more.

[LastLaughingGuy]

Tether and bitcoin pair is the best to trade as there is big volume to it and there will be no loss when you exit with USDT and then buy back BTC after dip, its what most of the traders do. I hope to see your 2.9 BTC increase. If there were only copy trade.

I try to avoid tether as much as possible tbh and would love if binance would get fiat pairs instead.
Buying the dip is easy in retrospec but in the moment tether loses 5-10-15 -20% ....there is a chance that thing is imploding. i think its a scam. maybe it has only like a 5% chance to fail soon but that means we got a 1 in 20 chance to go broke with that strategy. If you want to stay in the game for many years you need to avoid those things at all costs. Sooner or later you will get trapped there. It is all about preservation of your trading capital, after that comes the goal to increase that.

After i startet trading in 2001 i took that lesson with Enron (u guys can google it if you dont know what it is) I lost like 40% of my capital on that one. Chart sais it all... there was no dip


(for some reason the pic won't show - just the link)

LLG

Good thing you see the future of Tether.
That is the real thing that will happen. Soon all those money that is in there will be like dust. They wont even see it when the wind blew all of a sudden.
So what coin or token are you pairing your bitcoin?
Yeah would also love if there is fiat to be paired with but that is somehow impossible though it is a good thing also for the crypto  currencies to be used more.

I dont actually. I'm thinking in btc and doing all that to generate as many btc as possible speculating on way higher prices in the future. If I'm going short thats mainly short term since i need my btc's for trading alts. theses days i would use TrueUSD at binance. but actually i would also use my bitmex acc to short XBT if i really think we are going down for several days. I know that if we go down my account will shrink too but thats fine since I'm a long time btc hodler.

I said I will short on bitmex when we go down but yeah ...that exchange i also find super shady and who knows what will happen to bitmex if tether would implode but i will not have much on there anyway.

 


long 6376 NANO at 3120

rumours about listing on huobi ...big position ...will reduce quickly if it goes against me

Edit - sold 25% at 3122 - scaling out abit since it was a 2btc position

long 6376 NANO at 3120

rumours about listing on huobi ...big position ...will reduce quickly if it goes against me

Edit - sold 25% at 3122 - scaling out abit since it was a 2btc position

https://huobiglobal.zendesk.com/hc/en-us/articles/360000180502-Huobi-Global-Launches-Nano-on-October-31-16-30-GMT-8-


not much TA on that news ...i'm speculating for a listing pump. Huobi is a big exchange, it's nice for nano if it would get listed. I will hold my remaining position although its abit big - relativ to account size.
IF ...if we really see a strong move on that news and we manage to go through the 33-34 zone,  my target would be infact the 37-38 region.
So far the volume is too weak but i will give it some time - riskiing about 3% to the downside.





Hi guys,

wanted to provide some content:)
here a trade i planned at the moment ...looking for a long in WPR






ICX missed the entry - very nice  bounce from the support area - will wait for a pullback for a possible entry

Hi guys,

wanted to provide some content:)
here a trade i planned at the moment ...looking for a long in WPR

1st entry missed by 1% ... would have liked to take the trade.
time to go to bed then



Hi all,

couldnt trade last 2 days due to work load.
I sold my Nano at  0,0003090.

 speculation that huobi listing would boost the price didnt work. I lost roughly 1% on that trade.
It is holding now and it also could go up, but reason for entry was the listing which didnt work so i go out of the position.

here my orders like posted



here my trades so far

after 2 weeks I'm down 0.022 btc.
despite the fact that i dont have so much time at the moment, the market also doesnt offer so many great opportunities. I'm fine with the results. i did not blow off any big ammounts - the qualitiy of the trades is so far not amazing but it is how it is

here something i cant stress enough. It is abolutely ok not always  be involved trying to hunt one of the very few very good setups at a cost of staring at the screen 16h a day. the whole thing is a marathone. I know if you need to make a living from trading you constantly have the urge to not miss any good trade. but you also need times to slow down and rest. the market will change at some point and very good setups will pop up one after another. there it is time use the extra resources you saved during the not so perfect trading periods.
I experienced my self that i wanted to force it during the times where trading is really tough. Results where meehhh ...basically trading for the broker / exchange, wasting precious time and not being really prepared for the "printing money" period or simply to exhausted to use a significant part of it once it pops up out of nowhere.







hi all,

possible buy setup for salt
entry 1138 (laddered entries starting from 1143 down to 1133)
stop loss 1119
target: 1177

Reasoning:
possible bat pattern
support zone (prior resistance),
rsi will reach over sold region if we drop down there.
61.8 retracement of the bigger move from 1075 => 1240





comparable setup for DNT (really low volume coin, risk reward abit worst than in salt)




entries at 1143 / 1141 and 1139 hit so far. Bought 4k of total 6k up to now.

hi all,

possible buy setup for salt
entry 1138 (laddered entries starting from 1143 down to 1133)
stop loss 1119
target: 1177

Reasoning:
possible bat pattern
support zone (prior resistance),
rsi will reach over sold region if we drop down there.
61.8 retracement of the bigger move from 1075 => 1240

Sold 6k  Salt 1105 - Entry 1138 => -3%


Hi all,

unfortunate Salt trade - took the maximum loss here.
It went down close to my stop loss (i placed it at 1117 since 1118 was a buy all) and bounced 4% reaching the adjusted target zone after the drop to 1118 (38.2% retracement 1240=> 1118).
That all happened why asleep though and since i cant put sell orders and stop loss at the same time, i missed the exit.
i also had trouble then getting out of the position which resulted in a bad exit of 1105 - thats the problem with low volume coins in general.




exits:


entries:

entries at 1143 / 1141 and 1139 hit so far. Bought 4k of total 6k up to now.

bought 70000 DNT at 450




bought 245 NEO 0,002576

RSI was quite high so its abit of a fomo entry. i really like the bottom and the bear trap. maybe ill add some at around 0,002515

[Hemady17]

Well, we are the same! I want to buy stocks or cryptocurrencies at a shorter time. I don't to hold them for a long period of time because I know that there is always dropping of price. That's why I am planning for a stock and preparing each time I buy coins so that, I can easily dispose them whenever my bias does not matter.

[LastLaughingGuy]

looking for a short entry in BCC

0,09000 resistance area
raising wedge
divergence on the 15 min chart

one last push maybe?

edit: i give it a try:

short 7 bcc 0,00879 => bitmex price

Well, we are the same! I want to buy stocks or cryptocurrencies at a shorter time. I don't to hold them for a long period of time because I know that there is always dropping of price. That's why I am planning for a stock and preparing each time I buy coins so that, I can easily dispose them whenever my bias does not matter.

time is relative. maximum for me is days. Reason is simple: the longer you hold the more you need to know about fundamentals and since i got no clue about fundamentals and dontr want to do any research if for example the dev team is legit - i treat all coins as a scam.

thats also the reason why i always use a stop loss - although you are getting shaken out often. i dont want to wake up reading that one dev was exit scamming ...or the coin got delisted ...or hacked or whatever.

looking for a short entry in BCC

0,09000 resistance area
raising wedge
divergence on the 15 min chart

one last push maybe?

edit: i give it a try:

short 7 bcc 0,00879 => bitmex price

bcc rolling over here

[Victorycoin]

here my trades so far

after 2 weeks I'm down 0.022 btc.
despite the fact that i dont have so much time at the moment, the market also doesnt offer so many great opportunities. I'm fine with the results. i did not blow off any big ammounts - the qualitiy of the trades is so far not amazing but it is how it is

here something i cant stress enough. It is abolutely ok not always  be involved trying to hunt one of the very few very good setups at a cost of staring at the screen 16h a day. the whole thing is a marathone. I know if you need to make a living from trading you constantly have the urge to not miss any good trade. but you also need times to slow down and rest. the market will change at some point and very good setups will pop up one after another. there it is time use the extra resources you saved during the not so perfect trading periods.
I experienced my self that i wanted to force it during the times where trading is really tough. Results where meehhh ...basically trading for the broker / exchange, wasting precious time and not being really prepared for the "printing money" period or simply to exhausted to use a significant part of it once it pops up out of nowhere.

Don't you think your attention is divided over many cryptocurrency pairs and I think you would fare better with more attention and focus on fewer pairs - I see 9 pairs above. That also would translate to much more fund at your disposal to average a trade that showed strong signals, but not moving to fast the when you took a position with RSI at 30, if it goes further down, I would start to average the position myself.

[LastLaughingGuy]

Hi all;


Short 3 more BCC 0,0862

i missed the exit yesterday on a drop from 0,089 to 0,82 on bitmex.
BCC did recover pretty well but without making higher highs.

looking for a short entry in BCC

0,09000 resistance area
raising wedge
divergence on the 15 min chart

one last push maybe?

edit: i give it a try:

short 7 bcc 0,00879 => bitmex price

bcc rolling over here

bought 70000 DNT at 450

DNT i will sell below 430.
0 Volume -slow bleeding
basically the overall problem with that type of coin. pumped and then forgotten until it will get pumped the next time (similar to salt trade). I guess for now i will not touch those coins with a daily volume lower than 250 BTC. Normally i wasnt trading anything below 500 btc daily volume.

Don't you think your attention is divided over many cryptocurrency pairs and I think you would fare better with more attention and focus on fewer pairs - I see 9 pairs above. That also would translate to much more fund at your disposal to average a trade that showed strong signals, but not moving to fast the when you took a position with RSI at 30, if it goes further down, I would start to average the position myself.

the last 2 weeks i wasn't invested very much. I'm looking at charts and priceaction and decide if i can see suitable setups. my trades dont last long and i will average a position only if it was planed prior to entry or i have good reasoning. what is not my strategy is adding on lower and sitting it out. just becasue i got 9 different pairs in that overview doesn't mean iam watching those coins 24/7.

The ammount of coins i got to trade is actually a problem for me. there are only around 25 coins on binance with a daily volume higher than 500 btc. Not many charts where you can look for a good setup. thats why i find myself suddenly in coins like DNT 


GVT - entering the 61.8 retracement zones which was also prior resistance.
Will try to trade a rebound in that region

bought 70000 DNT at 450

DNT i will sell below 430.
0 Volume -slow bleeding
basically the overall problem with that type of coin. pumped and then forgotten until it will get pumped the next time (similar to salt trade). I guess for now i will not touch those coins with a daily volume lower than 250 BTC. Normally i wasnt trading anything below 500 btc daily volume.

Sold 700000 DNT for 421,6

just too weak - no more micro volume coins :=)

just 0.02 btc loss on that -6.5% trade since my position size was small - at least.

[boty]

your experience is very extraordinary and when you are trading with very little capital and now you can get very much profit and of course your experience in your trading world gives a lot of motivation for these new traders to be able to imitate your trading method.

[arthotdog]

Bookmarking this thread for reference,just now that i have been seeing this thread an i found this very helpful specially for slow traders like me whos trying to find best strategy so i can become a full time trader.

Im gonna thank you in advance for this,and i will lt you know when I applied This already

[LastLaughingGuy]

Bookmarking this thread for reference,just now that i have been seeing this thread an i found this very helpful specially for slow traders like me whos trying to find best strategy so i can become a full time trader.

Im gonna thank you in advance for this,and i will lt you know when I applied This already

very much interested in feedback .

but don't forget, market conditions change and so do our trading strategies.
To give you an example - right now break out trading doesn't work very well. In a bull market you buy a higher high put a close stop and let it run. But these days you get deep retracements, double tops, fake outs ..so you switch your strategy to trade e.g. those deep retracements and maybe also choose smaller trading positions.

i really find the current market tough to trade.

your experience is very extraordinary and when you are trading with very little capital and now you can get very much profit and of course your experience in your trading world gives a lot of motivation for these new traders to be able to imitate your trading method.

i hope you realize that after 2 weeks I have more losing trades,being down 0,06 btc in this thread.

but what i guess is, that you can't find many threads with that much transparency, posting the reality.

It should show that losses are part of the game and it helps me to be picky (i also would like to post one winning trade after another ), reducing my overall draw downs. 0,06 is really nothing and compensated by one good trade.





long 40000 ADA 0,00001194





QKC also entering an area with good rebound potential around 650 sats

GVT - entering the 61.8 retracement zones which was also prior resistance.
Will try to trade a rebound in that region

entry zone missed by 1% ...if prices stay like that or recover abit more the daily will form a nice hammer. 170 as a next target realistic. still looking for anoither down wave but seems unlikely now.




long 52449 QKC at 650

first position of maybe a bigger rebound play.

long 40000 ADA 0,00001194

sold 40k ADA 1195

went out break even - here my bearish view




I had two more limits in the market today and bought 25k more at 625
the next limit was 25k at 615 which was the absolute low buit i only got filled 315 ..at the moment not much working

at least we saw a bounce to 672 so far. if we really bounce from that area the next target 750 is not unrealistic.

long 52449 QKC at 650

first position of maybe a bigger rebound play.

I had two more limits in the market today and bought 25k more at 625
the next limit was 25k at 615 which was the absolute low buit i only got filled 315 ..at the moment not much working

at least we saw a bounce to 672 so far. if we really bounce from that area the next target 750 is not unrealistic.

long 52449 QKC at 650

first position of maybe a bigger rebound play.

Hi all,

bought 25k QKC at 615
so my 3rd tagert got hit and filled completely. pretty violent drop but it did hit the 61.8 retracement. we got a nice volume spike there now and definately buyers below 630.
if we can go above 650 it not looking bad.





Sold 245 NEO at 0,002547


position was already 5% in profit and again selling here with a 1% loss. "patience" doesn't pay off atm. patience means for me holding for several days .
I'm selling here because i think we will test the 25 area again and it is likely that we will see at least a dip below 2480 where my stop loss was located. so i save the extra 3-4% loss here.

We saw a failed break out and since then selling pressure. rest is in the chart
here the orders like posted.

bought 245 NEO 0,002576

RSI was quite high so its abit of a fomo entry. i really like the bottom and the bear trap. maybe ill add some at around 0,002515

Hi all,


short stopped out today 10 bcc at 0,0887. wasnt able to trade during the day so couldnt cover earlier seeing that the market was strong today. but it was stubborn enough to not put the stop to break even at least.

Hi all;


Short 3 more BCC 0,0862



short 7 bcc 0,00879 => bitmex price

here the trades:

[cryptobull3]

I'm impressed , you made it 10x in less than 1 year! and 2018 was the red time and i think you could make it more if it was 2017 , trading in Bitmex is very riskey and I don't really take it's risk , I wish you luck in 2019 anyway!

[LastLaughingGuy]

I'm impressed , you made it 10x in less than 1 year! and 2018 was the red time and i think you could make it more if it was 2017 , trading in Bitmex is very riskey and I don't really take it's risk , I wish you luck in 2019 anyway!

Thank you!

i think its a good moment to post the results in that thread so far, just to show everyone that those numbers in the past dont mean that i make one profitable trade after another or that I'm profitable at all under the current market conditions.

I had two more limits in the market today and bought 25k more at 625
the next limit was 25k at 615 which was the absolute low buit i only got filled 315 ..at the moment not much working

at least we saw a bounce to 672 so far. if we really bounce from that area the next target 750 is not unrealistic.

long 52449 QKC at 650

first position of maybe a bigger rebound play.

Hi all,

bought 25k QKC at 615
so my 3rd tagert got hit and filled completely. pretty violent drop but it did hit the 61.8 retracement. we got a nice volume spike there now and definately buyers below 630.
if we can go above 650 it not looking bad.

Sold 102449 QKC with an average of 733

trades like posted:



That was a nice 15% trade which went like planned and resultet in an almost 0.1btc gain. pretty happy about it

Yes it could go higher since the counter move is more agressive than i thought and we are coming from the 61.8 retracement. but the last bounces where also around 20%, 750 is resistance in my eyes and ...i need to take the win also from an psycholigical point of view after so many losses in a row (which is in principle wrong - but i'm not perfect)

 

GVT - entering the 61.8 retracement zones which was also prior resistance.
Will try to trade a rebound in that region

GVT bounced nicely too from the support area. i missed the entry there by 1%. I think that coin has more juice in it but waiting for a better entry now.. dont want to fomo.




long 4659 ZRX at 0,0001180

went down from 16.2k down to the prior break out area around 11.5k. looking for around 4-5% here. stop is tight (less than 1%) if its not moving now i get rid of it.


 

long 4659 ZRX at 0,0001180

went down from 16.2k down to the prior break out area around 11.5k. looking for around 4-5% here. stop is tight (less than 1%) if its not moving now i get rid of it.

Sold 4659 ZRX for 0,00011624

here the orders:
https://imgur.com/a/ABswNxs
nice litte fake out. also weak overall market too ofcourse. tight stop, so all good. as shown on the graph the importance of stop loss with that kind of trading.

[Sengoko]

Don't you think your attention is divided over many cryptocurrency pairs and I think you would fare better with more attention and focus on fewer pairs - I see 9 pairs above. That also would translate to much more fund at your disposal to average a trade that showed strong signals, but not moving to fast the when you took a position with RSI at 30, if it goes further down, I would start to average the position myself.

the last 2 weeks i wasn't invested very much. I'm looking at charts and priceaction and decide if i can see suitable setups. my trades dont last long and i will average a position only if it was planed prior to entry or i have good reasoning. what is not my strategy is adding on lower and sitting it out. just becasue i got 9 different pairs in that overview doesn't mean iam watching those coins 24/7.

The ammount of coins i got to trade is actually a problem for me. there are only around 25 coins on binance with a daily volume higher than 500 btc. Not many charts where you can look for a good setup. thats why i find myself suddenly in coins like DNT  

It seems you are doing your homework as well. This is better step in investing or trading. One should learn from the mistakes and better learn about the upcoming tragedies and plans. Keep this spirit high and make a good earning from it. And in case if you lose, don’t leave it. Keep on trying for harder and harder and ultimately things will get fine for you.

[LastLaughingGuy]

Hi all,

looking for a buy in nano around 2750 area. multiple supports there.




Long 200 GVT 0,0015450

hit the 61.8 retracement of the last upmove. pretty violent drop from 167 to 158 but i will risk it. below 148 i will be stopped out. Maybe i add on later if it goes abit lower. thats why size is only 0.3btc




decided to risk some on the long side before going to bed.

long 7500 XRP at 0,00007868

it holding pretty good tbh and i specualte that the trendline breaks with more upwards potential.
Stop loss 0,00007739

Long 200 GVT 0,0015450

hit the 61.8 retracement of the last upmove. pretty violent drop from 167 to 158 but i will risk it. below 148 i will be stopped out. Maybe i add on later if it goes abit lower. thats why size is only 0.3btc

Added 100 more at 15350.
Stop loss for all 15099.
dont want to risk more while asleep. daily engulfing candle is pretty ugly.

Good night

decided to risk some on the long side before going to bed.

long 7500 XRP at 0,00007868

it holding pretty good tbh and i specualte that the trendline breaks with more upwards potential.
Stop loss 0,00007739

stop loss raised to 7799.
move up after breaking the short term down trend did not happen.
sideways for now - so i dont give it much room.

GVT similiar tbh. pretty weak. stop loss raised to 15199




long  9000  BAT at 0,0004245


-30% drop from 6k in the last 36h
-reaching buy level of a possible cypher pattern
-target area below the 38.2 retracement of the 6000=> 4100 down move
-stop loss at latest low 4130 making it a good risk reward


negativ: the violent drop from 6k increases the chance of a further drop




goiong to cinema with kids and wont be able to post trades in realtime.

new stop losses:

GVT 15299 (i will sell on the phone if we go to 164/165)
XRP  7839  (sell target around 8300)

goiong to cinema with kids and wont be able to post trades in realtime.

new stop losses:

GVT 15299 (i will sell on the phone if we go to 164/165)
XRP  7839  (sell target around 8300)

Hi all,

Sold 7500 XRP 7870  - break even

Sold 300 GVT 15282  - stop loss - -1%

Sold 9000 BAT 4119  - stop loss - -3%

trades like posted:
https://imgur.com/a/uxQAqVo

so basically i dont mind taking small losses since it is all part of my trading. on the other hand market is not easy at the moment and requires more micromanagement during the trade.
Good example is the BAT trade where i was alrdy 3% up. i could already see on the low volume during the upmove that it will most likely drop again. Better to take the 2% gain there or putting atleast the stop loss to break even.

It does add up over time!

here the BAT explanation:

Sold 245 NEO at 0,002547


position was already 5% in profit and again selling here with a 1% loss. "patience" doesn't pay off atm. patience means for me holding for several days .
I'm selling here because i think we will test the 25 area again and it is likely that we will see at least a dip below 2480 where my stop loss was located. so i save the extra 3-4% loss here.

We saw a failed break out and since then selling pressure. rest is in the chart
here the orders like posted.

bought 245 NEO 0,002576

RSI was quite high so its abit of a fomo entry. i really like the bottom and the bear trap. maybe ill add some at around 0,002515

played pretty much out like anticipated - happy to have gotten out there.



bought 50k MTH at 820

stop loss 779 - so pretty wide - but will reduce risk asap. above 825 or around 800 i may also add some more.

Edit - just did add 25k at 836

Stop loss for all now 799

[Karlinz]

Very impressive performance, trading is an full time job that requires some discipline and training. I have particularly managed and applied some of your trading strategies, but the bear market have not been very favorable as sometimes it appears to make more losses than gains. Will be following up your picks and possibly looking up at the coins you trade.

[LastLaughingGuy]

Very impressive performance, trading is an full time job that requires some discipline and training. I have particularly managed and applied some of your trading strategies, but the bear market have not been very favorable as sometimes it appears to make more losses than gains. Will be following up your picks and possibly looking up at the coins you trade.

cool - that some of your trading style is in the same ball park. please give feedback to trading decisions - especially if you dont agree with some of my arguments

bought 50k MTH at 820

stop loss 779 - so pretty wide - but will reduce risk asap. above 825 or around 800 i may also add some more.

Edit - just did add 25k at 836

Stop loss for all now 799

MTH weakish - time and price wise. the addon at 836 was too much fomo - dont like it in retrospec.

i speculated for the green szenario. i guess i will sell below 815 - red szenraio.



wow MTH - thought i could sell manually around 814 - but huge dump now - iam still in my position...




MTH giving me headache.

dont really feal like selling here so close to the downtrend. but hate to let run so much against me. i did add 30k here to my position at 780 but have a definite stop loss in the the system now for 768.
hate the setup since iam "hoping" that it was just taking out the low of the 9th of November and will turn here. i just hate to hope.
iam going out at 768 no matter what since we are entering an area with low traded volume. so it may go south quickly.

meeeh





Sold 25% (26.5k) MTH 812

Sold 25% (26.5k) MTH 812

Rest got stopped out at 768
here the trades:
https://imgur.com/a/nX2ZOdn

very unhappy with my trade. no clue why i went just out with 1/4th at 812 - which would have been break even. instead i keep holding overnight getting stopped out with the rest 4% lower.

on more thing: at the moment the bounces of the support areas are not at all very dynamic (in most of the cases). its more like a bottom building before we see a move up. so at the moment i will try less to catch or anticipate turning points and wait more for a better spot to enter a trade.

[keanne_isaac]

Thank you for regularly posting your thoughts in crypto market I hope you can add your technical analysis on xrp and what's your thought of NEM? Currently holding both of coin and just waiting for break out. I hope I can do the same of what you are doing but I have my job to work with and no time to monitor crypto trading.

[LastLaughingGuy]

Thank you for regularly posting your thoughts in crypto market I hope you can add your technical analysis on xrp and what's your thought of NEM? Currently holding both of coin and just waiting for break out. I hope I can do the same of what you are doing but I have my job to work with and no time to monitor crypto trading.

I'm having a fulltime job too and spend on average 2.5h in the car for that job on top. Just find your trading style according to your schedule. no need to follow crypto all the time. Btw the reason why iam posting at that time is i'm at home bcs both of my kids are sick  .
I'm btw happy of doing crypto just in my spare time. takes so much pressure of your shoulders to actually not to have earn money for living. you can take your time - focus on preserving your capital - and winnings will come sooner or later.

when you ask about my points of view regarding a coin, you would need to tell what time you are looking at. long time i cant give an opinion since i have no knowledge about fundeamentals.

Your question sounds like you are interested in long term. on the other hand you tell you are waiting for a break out. both coins managed that alrdy in my opinion.
The daily charts look good.

Xrp did alrdy have a good run and NEM just had 2 very nice days.

If XRP can break above 8500-8600 we can go to 9500 , above that 12000 can happen. For me the chart looks strong.





NEM: one of the few charts i like outthere.
if it can hold above 1700 its looking good. Above the last highs of 1950 i dont see any major resistance. also volume profile shows that till 2600 wasnt traded very much, so it can go quickly up.
short term NEM i would wait for consolidation. the daily candle may not developo nicely. it rejected pretty hard from 1950 and needs some time now. but it will be dfefinately on my watchlist for a break out trade
Good risk reward long term since for me below 1400 its dead.






long 675 GVT 0,0011555 and 0,0011675

markets crashing atm but want to risk some


Binance bugged . i longed QKC too but its not showing up ,cant access it now - so be carefull

edit its showing up now:
113k at 757 and 769 ...dont know the average price since the orders are not showing up

long 675 GVT 0,0011555 and 0,0011675

markets crashing atm but want to risk some

here the entry:

Binance bugged . i longed QKC too but its not showing up ,cant access it now - so be carefull

edit its showing up now:
113k at 757 and 769 ...dont know the average price since the orders are not showing up

not much explanation
huge drop due to market crash. entered support area.
looking for a bounce to 810

[keanne_isaac]

Hi what is your thought for the current massive sell off? Is there any negative news coming? Why market react negatively? Maybe ETF rejection would be announce soon?

[LastLaughingGuy]

Hi what is your thought for the current massive sell off? Is there any negative news coming? Why market react negatively? Maybe ETF rejection would be announce soon?

i dont know of any news and dont think it was news induced. it was overdue and iam welcoming the volatility- now we need to see if we can get above 6k or not. if we stabile below 6k and go down from there i think 4xxx is next.
look at the last 2 months and the priceaction of btc. its almost all manipulated.
i can also make a use case for the big boys pressing it down in order to accumulate lower to then squeeze it up again.

all that shows you - i got no clue - and i also dont need one. thats the good thing about being a short term trader.




short 10 BCHZ18 for 0.0469  - stop 0.0485




scaling out of GVT and QKC - time to take profits!! ...nice trades... details later

here the buys and sells. QKC meanwhile at 867 again.just wow...

https://imgur.com/a/cA4yYs5


600 EOSZ18 short on bitmex 7915

BTC weak

600 EOSZ18 short on bitmex 7915

BTC weak

covered  at 7895 - didnt drop while btc dropped below 5500 again. its also low volume so dont want to see a wick up to stop me out.

[buwaytress]

You must have either stopped out on all trades in the last few hours (or triggered any long orders, which also probably stopped out later). Your charts see today coming? Still trying to search around but apart from all the news places picking up on today's afternoon sell-off, can't seem to pin down any particular fingers pointed somewhere. Guess we'll see the experts coming out of bed tomorrow with scripts ready.

Bitcoin's definitely dipped well below 5,800 on my screen, what's your short term play?

[LastLaughingGuy]

You must have either stopped out on all trades in the last few hours (or triggered any long orders, which also probably stopped out later). Your charts see today coming? Still trying to search around but apart from all the news places picking up on today's afternoon sell-off, can't seem to pin down any particular fingers pointed somewhere. Guess we'll see the experts coming out of bed tomorrow with scripts ready.

Bitcoin's definitely dipped well below 5,800 on my screen, what's your short term play?

I was in no position and no i didnt see it coming.

i bought QKC for 763 and sold around 815 (orders on binance still dont show up so cant tell in detail)
i bought GVT for 116 and sold around 128
entries you can see here - exits for QKC are just partially posted - i hope they show up later on binance:
https://imgur.com/a/cA4yYs5

i am currently in a short of BCHZ18  at 0,00469 (its stronger than i thought though)
here you can see my postion - i also put the stop loss to my entry level
https://imgur.com/a/z9IY8iz


iam posting here in almost realtime my actual trades ...


my short term bias starts to be more bearish since we are not going above 5800 quickly- thats why i looked for the eos short entry. But the liquitidy sucks for eos on bitmex - so i did exit.



as said exits betwen 810-830

moved more than 5% higher but iam happy.

Binance bugged . i longed QKC too but its not showing up ,cant access it now - so be carefull

edit its showing up now:
113k at 757 and 769 ...dont know the average price since the orders are not showing up

not much explanation
huge drop due to market crash. entered support area.
looking for a bounce to 810

long 675 GVT 0,0011555 and 0,0011675

markets crashing atm but want to risk some

here the entry:

Entry 675 to 115,89 and exit average 128,10

trades:
https://imgur.com/a/eDuu4d0
will maybe try a reentry below 115




Trades finally showing up:

Entry 131k QKC for average of 763 and closed with an average of 820
Trades:
https://imgur.com/a/yPNqizx

as said exits betwen 810-830

moved more than 5% higher but iam happy.

Binance bugged . i longed QKC too but its not showing up ,cant access it now - so be carefull

edit its showing up now:
113k at 757 and 769 ...dont know the average price since the orders are not showing up

not much explanation
huge drop due to market crash. entered support area.
looking for a bounce to 810

4000 ETHUSD long for 172.40 on bitmex





closed BCH short for 0,0448 - taking profits here - risk to high to get stopped out and want to safe the 0.02 btc profit

short 10 BCHZ18 for 0.0469  - stop 0.0485

MTH long 70k for 675

basically at support area where it bounced off nicely once. stop loss with 660 around 2%. Target 720




124k QKC long 850

edit: QKC really strong how it did hold even when BTC was making new lows.
broke now the downtrend since the drop today from 960

its late though and it feels already like i start overtrading ...will sell rather quickler. everything above 3% would be very nice.




Went out of all my positions just now

ETHUSD Entry 172.40 Exit 175.95
MTH Entry 675 Exit 692
QKC Entry 850 Exit 849

was a good trading day today almost up 0.2 btc. tomorrow super busy so wont have time.




calling it a night.




Hi all


as said couldnt trade during the day.

however as told yesterday i was looking for a reentry in GVT below 0,00115. was able to long 500 GVT at 0,0011151
https://imgur.com/a/pfoevQC
was basically targeting  the trendline i used yesterday.




short 5 BCHz for 0,0572


short of a possible breakout of the downtrendline here. stop very close - thinking its a bulltrap. but yeah dont even know the news with regards to the fork ...so i need to be carefull there






XRP for me the strongest coin outthere i can find.

what a reversal yesterday. no way i will touch it for short. i think with the performance yesterday its just a matter of time to break 85 and go to 95

very impressive!



thats my view on BTC.

with the violent drop yesterday i think we are not going up so quickly above 6k anymore.
i will look for a short entry abit more up.
If we really go above 6k again i dont mind either but iam 80% bearish at the moment.

short 5 BCHz for 0,0572


short of a possible breakout of the downtrendline here. stop very close - thinking its a bulltrap. but yeah dont even know the news with regards to the fork ...so i need to be carefull there

dropped to 0.0537 - stop loss put in profit at 0,0564 - target 0.0505

short 5 BCHz for 0,0572


short of a possible breakout of the downtrendline here. stop very close - thinking its a bulltrap. but yeah dont even know the news with regards to the fork ...so i need to be carefull there

dropped to 0.0537 - stop loss put in profit at 0,0564 - target 0.0505

covered short for 0.0523 ...it went down to 0.0506 ...my limit was at 0.0505 

(profit: 9,2% or 0,024 btc)
trades like posted:
https://imgur.com/a/fUvZSEa

however as told yesterday i was looking for a reentry in GVT below 0,00115. was able to long 500 GVT at 0,0011151
https://imgur.com/a/pfoevQC
was basically targeting  the trendline i used yesterday.

stop loss put to 0.0011199

cu tomorrow

however as told yesterday i was looking for a reentry in GVT below 0,00115. was able to long 500 GVT at 0,0011151
https://imgur.com/a/pfoevQC
was basically targeting  the trendline i used yesterday.

stop loss put to 0.0011199

cu tomorrow

Hi all,
sold 500 GVT with average 0,0013545

very nice trade => 20% / 0.11 btc

here the orders.
https://imgur.com/a/03eyD1x







35 BCHSV long 0,022097

iam not an elliot wave trader but when i see the waves so clearly i want to use that

[jerry0]

do you have a btc goal profit?

[LastLaughingGuy]

do you have a btc goal profit?

if you mean my BCHSV trade => I had a typo there and wrote BTCSV...

my goal for now is not beeing stopped out ...here my targets. I would sell 1/3 there if we reach it. last target would mean 40% ...sick...






If you really mean BTC shortterm...i am actually looking for a possible short entry here . MAybe in 30 min when the funding on bitmex is over. Break of the 15 min RSI maybe an entry




bought 10 more BCHSV 0,0023


Meeh Fomoed 10k short BTC on 5500 stop 5561

break of the RSI uptrend but man the execution was bad. Wanted to get 5520 and got overload and panic sold ...never good on bitmex lol

instantly in minus...

Target 5405 and 5362





sold half my BCHSV for 0,022777

stop rest 0,022299
my average buy is at 0,022289

i alrdy lost 5% from the high. my position is pretty big with 1btc. so iam reducing here and taking at least some profit.
my fear is that we get an extended correction which will go to the 0,02k reagion is which is the 61.8% retracement area.

abit dissapointing because profits could have been huge. on the other hand i dont want to risk my profits of the last two days and in a high volatility coin with a huge position.

EDIT ...while typing that i lost my last bchsv in a dump. also i had my limit wrong so i sold with 1.5% slippage ...

i made 0,004 btc on that trade after fees ...after being up more than 0.06 btc at one point - thats bad.

here the trades like posted...
https://imgur.com/a/PgFMV9n






calling it a night

would love to trade more and see if bchsv goes to a 0,022 but way too tired.

my btc short is BE at the moment. put the stop down to 5540 - no other position at the moment.


cu tomorrow


Good morning

just coverred my 2nd hald of the BTC short at break even.

The other half i was able to cover at 5406.5 at night ...it was the low 

completely out now ((profit: 1,1% or 0,014 btc)

here are the orders like told:


https://imgur.com/a/evC79He


and chart...

calling it a night

would love to trade more and see if bchsv goes to a 0,020 but way too tired.

my btc short is BE at the moment. put the stop down to 5540 - no other position at the moment.


cu tomorrow

BCH SV went up nicely Iam pretty sure i could have made alot on that move since i was waiting for it - but yeah ..as told..too tired and just had a nice 9h sleep now :=)




10500 XRP long 8669

pretty late entry - but super strong and breaking out

goal 90 to 95 will sell in that region ...

stop loss at the moment 85




long 100k QKC 0,00000755

willing to risk some here at the support zone. the drop is pretty violent though

stop betwen 730-740 target 800-810




sold 50k QKC 0,00000791

taking some profits here at minor resistance.
stop loss for rest at 774 - so also 2.5% in profit





Sold rest QKC betwen 803 and 810

completely out now (profit: 5,54% or 0,042 btc)

here are the trades like posted:

10500 XRP long 8669

pretty late entry - but super strong and breaking out

goal 90 to 95 will sell in that region ...

stop loss at the moment 85

sold half at 8779

reducing risk here on the upper trendline. move is pretty extended and there is a good chance that we drop here.
but on the other hand its ripple and we just took the previous high (4hour chart on the right)

in case we really start here to 90+ i keep the rest in. iam also expecting there are alot of shorts in ripple right now and want to get squeezed out
never the less. stop loss for the rest to 8679 - so worst case i will get stopped out break even with the rest

10500 XRP long 8669

pretty late entry - but super strong and breaking out

goal 90 to 95 will sell in that region ...

stop loss at the moment 85

sold half at 8779

reducing risk here on the upper trendline. move is pretty extended and there is a good chance that we drop here.
but on the other hand its ripple and we just took the previous high (4hour chart on the right)

in case we really start here to 90+ i keep the rest in. iam also expecting there are alot of shorts in ripple right now and want to get squeezed out
never the less. stop loss for the rest to 8679 - so worst case i will get stopped out break even with the rest

sold 2nd half for 8873.
selling abit too agressive here - so iam happy to take profits. 89xx would have been more optimal of course.

trades like posted:


profit: 1,66% or 0,0152 btc


















Long 5000 ZRX 0,00009685

here my thoughts on the coin with pro's and cons ...i'm buying here since i found the strength the last days impressive




eventhough i just opened the zrx -trade, I decided to give an overview since the start, which was exactly 4 weeks ago.

all the trades are shown here:



After 3 weeks i was more or less break even but could finally make some good trades this last week which made me ending up with an overall profit of 0,365 btc.

It was obvious, as soon as the market moved (direction doesnt matter), the trading setups were working much better for me  than in a sideways/low volume/ choppy market with random pump and dumps.
So actually i was happy ending up breaking even after 3 weeks.
I think that also shows one important thing: In times where the trades dont work very well - trade less, use smaller sizes - PRESERVE your capital. Then when the time comes, you have enough capital to actually risk some in trades where you know that your odds of winning are in your favour.
 
It is really bad when you spew away xx% of your account under bad market conditions which makes you not able to use the full potential of your account once the market changes. you end up sitting on scared money, not wanting to lose more which basically makes you winning just a fraction of what it could have been.

lets see how the next 4 weeks will turn out.



long 30 BCHSV 0,025394


break out play



calling it a night.
ZRX stop loss raised to 0,00009599 -looking good
BCHSV Stop loss at 0,02949 - down want to give it more room to the downside. it is likely to get stopped out but if not maybe we see nice gains.

i also have a stop buy order for 12k BAT at 0,00003901 - reason why i like BAT are almost similiat to ZRX ...chrt detail tomorrow in case i got bought in.


good night



hi all

stopped out BCH at 0,024887 for a loss of 2.16% or -0,0165 btc
trades like posted:



still in ZRX

but got stopped into BAT last night: long 12000 BAT for 0,00003905





XRP amazingly strong.

reached the resistance area in the mid 90's.

ofcourse would have been nice to take some more gains on my last trade. but I'm happy to have stated to not short ripple since its too strong and also sticked to it. i suppose alot of trader were having some significant short losses.

since we are at strong resistance here i have no intention at all to long and think we will consolidate at least for a while....several days.




hi all,

didnt trade today and also tomorrow dont have much time.

iam still in ZRX and BAT
Stop ZRX adjusted to 9649 - almost break even.
Stop BAT still 3749

good night



hi all

came home late - what a dump!!!
long positions got stopped out of course but I'm pretty happy about it ..



BAT got stopped out at 3742 for a loss of 4,3% or 0,02 btc

ZRX got stopped out at 9630 for a loss of 0,73% or - 0,004 btc   ...at the moment trading 10% lower..


Trades like posted.




XRP at 100 wow wow wow!!


Hey keanne ...dont know if you are reading this..but grats to your coin picks ...both are outperforming and XRP is killing it!!!

Thank you for regularly posting your thoughts in crypto market I hope you can add your technical analysis on xrp and what's your thought of NEM? Currently holding both of coin and just waiting for break out. I hope I can do the same of what you are doing but I have my job to work with and no time to monitor crypto trading.

I'm having a fulltime job too and spend on average 2.5h in the car for that job on top. Just find your trading style according to your schedule. no need to follow crypto all the time. Btw the reason why iam posting at that time is i'm at home bcs both of my kids are sick  .
I'm btw happy of doing crypto just in my spare time. takes so much pressure of your shoulders to actually not to have earn money for living. you can take your time - focus on preserving your capital - and winnings will come sooner or later.

when you ask about my points of view regarding a coin, you would need to tell what time you are looking at. long time i cant give an opinion since i have no knowledge about fundeamentals.

Your question sounds like you are interested in long term. on the other hand you tell you are waiting for a break out. both coins managed that alrdy in my opinion.
The daily charts look good.

Xrp did alrdy have a good run and NEM just had 2 very nice days.

If XRP can break above 8500-8600 we can go to 9500 , above that 12000 can happen. For me the chart looks strong.





NEM: one of the few charts i like outthere.
if it can hold above 1700 its looking good. Above the last highs of 1950 i dont see any major resistance. also volume profile shows that till 2600 wasnt traded very much, so it can go quickly up.
short term NEM i would wait for consolidation. the daily candle may not developo nicely. it rejected pretty hard from 1950 and needs some time now. but it will be dfefinately on my watchlist for a break out trade
Good risk reward long term since for me below 1400 its dead.

long 50k XEM 1733

so strong - broke the 1730 short term resistance

risk reward not amazing ...but will adjust stop loss to the upside asap ...




1st lesson of the week 5-8 is definately stop loss. saved me alot today.

2nd lesson ... with those dark red market conditions look at the coins which outperform.  XRP, XLM, QKC, XEM, EOS, just dont want to drop. they are my bulls for swinging and i will look for entries at pullbacks.





i couldnt help it but to short ripple...

10k short xrp 0,00009900 at bitmex ...stop 102.01




going to bed
profit target xrp set on mex at 9401 and 9277
stop down to 101,01

[himanshu93]

Hi There, I have been following your trading journal since you posted it here on BTT. I really like your trading style. Can you please guide me? Tried sending you a direct message couldn't do that so Can you please enable in your settings to receive messages from newbies? Thanks

[LastLaughingGuy]

going to bed
profit target xrp set on mex at 9401 and 9277
stop down to 101,01

hi all,

got stopped out at 101,15 for a loss of 2.11 % or -0.021 BTC

sell :


was bad since i said i wont short ripple...but on the other hand it was exuberance. it went down to 87 today


i also decided to take my entrioes today in the trading list -eventhough entries are not posted in realtime. i will manage it in the future that via phone i will make a small post about my entry during the day and in the evening provide more details. otherwise iam skipping too many trades.

i went long 3783 NANO at 2308
and long 24960 BAT at 3517
basically i wanted to use the huge drop to be long in 2 coins where i thought they hade a decent support zone.

as you can see on the sceenshopt i also sold half my XEM with a loss of 3,7% at 1673. i wanted to cut my position in half but i actually sold in order to long GVT. it went down to below 100 which is a no brainer long in my eyes. but got distraced at work and never longed actually. GVT went up 30% afterwards!!!!

trades

Hi There, I have been following your trading journal since you posted it here on BTT. I really like your trading style. Can you please guide me? Tried sending you a direct message couldn't do that so Can you please enable in your settings to receive messages from newbies? Thanks

hi!

thanks for your interest. i did activate it now but got to say that will not do such thing. feel free here to ask here any time about my motivation for a certain decision. the more specific the question is the better since it means you are already digging into the topic by yourself.


here the nano long motivation

22 K are is a strong support
=> prior resistance in August, then support in the break out
=> 78.6 retracement zone from the move up to 56k
=> twice did nano successfully bounce off 22.25 K yesterday




BAt i longed few days ago since it had a strong bounce after the first btc dump. it didnt make new lows today which i find strong. so i got in. it is not as good performing as i thought though. but nice daily long wicks. 4 bullish candles in 5 days




but man ...the GVT chart. still biting my azz that i didnt long there.
100 very strong support

break of the hundred to get some stop losses and then straight up to the next resistance area- beautifull. even on a 0.4 btc trade that would be 0.1 btc profit...




XEM iam still in with half my position at 1734. I actually didnt realize that i had an 0.8 btc position due to miss calculation. way to big size since the stop loss was so far away. so that was one motivation to cut the position in half...but yeah the exit was badly timed at 1674

The short term chart looks pretty choppy - high volatility. daytraders dream. but since i got no time at all today ...i try to use longer time frames. and i got to say the daily chart looks amazing. maybe time for the green szenario


 


long 47600 GO at 0,00000872 -stop 849

GO was strong the last days - today huge drop - but also a 20% bounce. i am long here the support area. but with a tight stop. BTC is scary atm.




unfortunately need to sleep


volatility is insane in btc today.

just sold half my nano at 2530 - rest stop 2399 (i want to give it some room because i think we got a good chance of btc recovering more here) target thn can be 28k for nano
BAT i put my stop to 3519 - more or less break even
GO i only got a 0.4 btc pos. - will let the stop be at 849 - but its not looking great
XEM stop loss 1619 - super wide ...but also there a 0.4btc pos now and the volatility is so high in that coin.

if btc goes to 4800 now its possible to see some nice gains in the coins.

good night

[himanshu93]

Hi, my question is simple whats your strategy? what makes you buy or sell?

[LastLaughingGuy]

Hi, my question is simple whats your strategy? what makes you buy or sell?

Hi,

longing support , shorting resistance
longing strength, shorting weakness

factors: support/ resistance zones, price action, over all market,trendlines, orderbook, some candle patterns

if a market or a coin is very strong/weak i may long and short break outs too.

i dont have a strategy like: if indicator A is that and indicator B is that then a buy i triggered.

you can find some arguments in the charts i posted here

unfortunately need to sleep


volatility is insane in btc today.

just sold half my nano at 2530 - rest stop 2399 (i want to give it some room because i think we got a good chance of btc recovering more here) target thn can be 28k for nano
BAT i put my stop to 3519 - more or less break even
GO i only got a 0.4 btc pos. - will let the stop be at 849 - but its not looking great
XEM stop loss 1619 - super wide ...but also there a 0.4btc pos now and the volatility is so high in that coin.

if btc goes to 4800 now its possible to see some nice gains in the coins.

good night

jeez BAT stopped out at 3513 - breakeven   -now trading at 3650 ...

Trades like posted:


i still like the candles in daily chart but dont want to enter here. maybe if it drops down to 3550 again. annoying since it was an 0.8btc position.

long 47600 GO at 0,00000872 -stop 849

GO was strong the last days - today huge drop - but also a 20% bounce. i am long here the support area. but with a tight stop. BTC is scary atm.

sold 47600 GO at 0,00000956 for  9,6% or 0,04 btc
Trades like posted:


nice trade, very happy with it.   maybe re-entering betwen 900-910




Decided to take profits since its a good chance that btc will find resistance at 4600.

sold 2nd half NANO at 2618 for an average gain of 11,4% or 0,1btc

26.50 is resistance. since iam able to trade today during the day, will try to get in deeper again, same with BAT and GO, and also XEM


trades like posted:

here the nano long motivation

22 K are is a strong support
=> prior resistance in August, then support in the break out
=> 78.6 retracement zone from the move up to 56k
=> twice did nano successfully bounce off 22.25 K yesterday

[MOBbrothers]

I must be sincere. you gave me hope. i am just a newbie in trading. i have struggling to get into trading but finally. i am in. i have accounts with binance, poloniex and Kucoin.
i need suggestions if possible, do you think i should narrow it down to two exchanges or just one. i think having many accounts on different exchanges might narrow your trading capability and also finance.

[LastLaughingGuy]

sold rest XEM at 1779 for an overall loss of 0,6% or 0,005 btc

motivation here is simple. i think btc will go down abit from here and i will try to re-enter below 1720
trades like posted:



i got no position now  - completely out of the market.

XEM iam still in with half my position at 1734. I actually didnt realize that i had an 0.8 btc position due to miss calculation. way to big size since the stop loss was so far away. so that was one motivation to cut the position in half...but yeah the exit was badly timed at 1674

The short term chart looks pretty choppy - high volatility. daytraders dream. but since i got no time at all today ...i try to use longer time frames. and i got to say the daily chart looks amazing. maybe time for the green szenario


 

I must be sincere. you gave me hope. i am just a newbie in trading. i have struggling to get into trading but finally. i am in. i have accounts with binance, poloniex and Kucoin.
i need suggestions if possible, do you think i should narrow it down to two exchanges or just one. i think having many accounts on different exchanges might narrow your trading capability and also finance.

as usually it all depends -especially on your trading style.

i think in this market -short term trading is the way to go (hours)

I also have an account on poloniex but i did like 5 trades there before i went fully to binance (bitmex i started way later)

i would trade on binance. many coins, good liquidity and low fees which is important in short term trading since it adds up. as a newbie i wouldnt touch shorting which is not possible on binance anyway but on poloniex.
and dont touch coins with low daily volumes (<200 btc). they destroy you in short term trading if you dont have alo9t of experience. and never every fomo into pump n dumps..



if btc goes to 4350 i will try to look for alt -longs




iam doing it again ....7500 short XRP  at 9553 on bitmex. stop loss 2%.

basically posting lower highs. daily candle yesterday looks like turning point.

the coin is volatile though and the chance to get stopped out high.

screenshort of bitmex chart ...break of trendline as entry








details on the limits where i would like to cover shorts.

will also adjust the stop loss quickly to minimize risk while we move down. (preserving capital more important than gains!!)




long 15000 BAT for 0,00003581

i actually dont like the entry so much no in retrospec . we are in a middle of a descending triangle. normally a no trade zone. entry at support around 3450 or after leaving the triangle to the upside.
just a little short term trend inside the triangle which could mean th ecoin turns here to the upside.

long 15000 BAT for 0,00003581

i actually dont like the entry so much no in retrospec . we are in a middle of a descending triangle. normally a no trade zone. entry at support around 3450 or after leaving the triangle to the upside.
just a little short term trend inside the triangle which could mean th ecoin turns here to the upside.

3720 -looking good




3k Nano long at 0.0002505 - just saw my order got filled. caught the low there


edit: need to be carefull here. the 4h chart doesnt look so good. alot of room to the downside. will close the position if we go below 2480






GO at 919 again ...had a order at 882, went to 890 too greedy

XEM i got an order at 1729 but it went down to just 1740. looking less choppy now.

3k Nano long at 0.0002505 - just saw my order got filled. caught the low there


edit: need to be carefull here. the 4h chart doesnt look so good. alot of room to the downside. will close the position if we go below 2480

Sold half for 2550 ...reducing risk here that i wont have a negative trade. BAT also dropped unfortunatley. stop loss there now 3519.

edit: Nano now 2575 ..1 min later 


closing my XRP short here at 9722- short 9657 for a loss of 0,007 btc

sold rest 1500 NANO at 2592  for an average win of 2.5% or 0,019 btc

sold 15000 BAT at 3669 for a win of 2.3% or 0,012 btc

trades like posted:



decided to close all position. last 2 nights were too short and i need sleep.
ofcourse i will miss out but never forget its a marathon. happy to take small gains here and have an empty portfolio.


 
good night



Hey all,

didn't trade at all today since i got no time.

eventhough i said yesterday iam fine with selling all - it was abit annoying waking up and seeing that BAT was 10% up

nice break. also finding support at the 3850 region. above 4150 still interesting for a long. a pullback to 3788 i would long




XEM moved nicely. That daily chart is super sexy.

not at all inclined to long here since we reached resistance. i will watch and see.
lookslike green scenario is playing out.




the next 2-3 days iam not going to trade much due to lack of time.

didnt do anything today

CU


Hi all,

Posting from phone.. decided to long some for a bounce. If btc loses 4k level i will go out with a loss probably.

Long BAT 20k 3767
Long XLM 10k 4250
Long XEM 28,4k 1788

[Brawnsugar]

I have taken out time to to read your entire thread and must admit you're a complete professional and worthy of emulation. Going through, I noticed I entered some of the trades you posted (though copy trades) and the results were almost the same. I have decided to follow you and have bookmarked this thread for ease of reference. Good job and more power to your elbow!

[LastLaughingGuy]

WOW ...i just went on and iam in deep trouble. still in all my positions.
need to managae now.... its tought to sell here.

Hi all,

Posting from phone.. decided to long some for a bounce. If btc loses 4k level i will go out with a loss probably.

Long BAT 20k 3767
Long XLM 10k 4250
Long XEM 28,4k 1788

long 7000 $ at 3700 on bitmex. stop 3499

long 2500  NANO  at 2383


new stops:

XLM  3599
XEM 1589
BAT 1639
Nano 22990

really screwed up. Thought i could sell manually if btc drops but missed it. playing fully now the scenario rebound because alts are not dumping that hard.
if i will get stopped out i will cash in a nice deserved loss.

[moneymakescents777]

I am laughing at the price of Canyacoin CAN

[LastLaughingGuy]

I have taken out time to to read your entire thread and must admit you're a complete professional and worthy of emulation. Going through, I noticed I entered some of the trades you posted (though copy trades) and the results were almost the same. I have decided to follow you and have bookmarked this thread for ease of reference. Good job and more power to your elbow!

Hi Brawnsugar,

you could not have timed it better with your posting. pretty bad performance by me in the last open trades.

just want to underline here once more..if you copy trades please keep in mind that i dont have a 100% fixed strategy. i sometimes risk more ..sometimes risk less. my opinion can change quickly and i may sell a coin shortly after purchasing it. you can also see that i got some losing streaks.
the reason for that thread here is more egoisitic. => i want to force myself into disciplined trading (which obviouslydidnt work for my friday longs).
what can i assure though is that iam doing honest trades here and i was succesful since i started. but winnings of the past are not meaning that i will be sucessfull in the future too - soo please be carefull!!

LLG

WOW ...i just went on and iam in deep trouble. still in all my positions.
need to managae now.... its tought to sell here.

Hi all,

Posting from phone.. decided to long some for a bounce. If btc loses 4k level i will go out with a loss probably.

Long BAT 20k 3767
Long XLM 10k 4250
Long XEM 28,4k 1788

Sold 50% XEM at 1745


hi all,

BAT got stopped out at night at 3632 for a loss of 3,6% or 0,027 btc

it was pretty stable. it was possible to sell above 3800. but after i went to bed alts dropped alot when BTC was making new lows.




long 47.2k Go for 0,00000782 - i really like the reaction from 750 to 910. strong buyers

long 229 GVT for 0,0012062   - seems very stable

i know the trades are some time ago but GO trades 2.5% aboive entry and GVT 2.5% below entry - so i think its ok to let it count...

still playing the rebound scenario which might be a hige mistake.


unbelievable...

wanted to sell some of my XBT long at 4k just to realize i got stopped out at fucking 3448. the tradingview didnt print the low on the app so i got surpised by bitmex.

thats a 0.35 btc difference.

i got out of my 7000 $ long XBT at 3448 for a loss of 0,139 btc.

sickening


BAT 11,6 k long  3569
some more 12,7k GO long 813

some more 8300 XLM long 3740

[Insufficient]

I have lots of alts to which other labelled as shitcoins, to me coins are coins. we almost have same style though i dont always use stop lost simply because there are coins that i know are good to have in the future. Whatever style we choose im sure it fits us so if its working for you then just keep doing it. Its not just crypto market that is having a long bear moment even stocks are having the same trend.

[LastLaughingGuy]

I have lots of alts to which other labelled as shitcoins, to me coins are coins. we almost have same style though i dont always use stop lost simply because there are coins that i know are good to have in the future. Whatever style we choose im sure it fits us so if its working for you then just keep doing it. Its not just crypto market that is having a long bear moment even stocks are having the same trend.

yeah well ...iam not at all hodling coins long term. i'm now trying to play the rebound for that iam invested 100% in alts atm.

i need to be carefull though. since i got stopped out at the freaking low for my btc position iam feeling tilt ...
a 0.13btc loss must not happen! just poor trading.

i try to prevent to rationalize my losses with arguments like overall markets are down etc. i could have easily cut my positions yesterday in half, having a wider stop for the rest if i really try to catch a bottom here.

i got to admit..iam just 10months in the crypto sphere and it actually surprised me how much BTC dropped here. basically from 6.5k to 3.5k. its abit scary that this happens with the "main ´most stable asset" in crpytoworld.  

[hermankoles]

my trade spurred adrenaline because there were demands to continue to learn and see market trends and read news related to crypto. the price in the market always has a clear dynamic, which is going up and down and we as actors must be able to steal the margins of the activity. the bear market continues until now and losses from the market will not make me afraid to continue trading because I am optimistic that prices will improve and that some of us who survive will have extraordinary profits

[LastLaughingGuy]

my trade spurred adrenaline because there were demands to continue to learn and see market trends and read news related to crypto. the price in the market always has a clear dynamic, which is going up and down and we as actors must be able to steal the margins of the activity. the bear market continues until now and losses from the market will not make me afraid to continue trading because I am optimistic that prices will improve and that some of us who survive will have extraordinary profits

thumbs up


Sold BAT 11,6K at 3607   +0,91% or 0,004 btc (lol)

reducing exposure. alts super weak. my speculation for a rebound did not work.

i will realize good losses here today. after that fresh start being focused on clear setups.
but from time to time i feel like i need to make a more riskier move. didnt work out today.



Short BTC 5000$ for 4093



man my long stopped out 3448 ...iam still in pain ...needs time to digest it.


Sold 2500 NANO for 2520 for a win of 10,2% or 0,058 btc

sold 60K GO at 809 for a win of 2.5% or 0,012 btc edit: seems like i sold right before the break ...currently 840 ..DAMN

Sold 50% XLM at 3743 ...average loss so far 7%...


just for the record...since i was partially posting from phone...the trades of the last days.

Short BTC 5000$ for 4093



man my long stopped out 3448 ...iam still in pain ...needs time to digest it.

SL at 4090 ...target 3980

EDIT SL adjusted to 4071 ..not dropping

short covered 4072 ..profit: 0.005btc...


ETHUSD  4000 short 116,25 on bitmex





btc dumped to 3960 after 8mill sell unlucky atm

ETHUSD  4000 short 116,25 on bitmex

closed it at 114.35 for a 0.007btc profit...
decided to call it a night

iam still in 50% XLM, i still have XEM and GVT but 66% iam in BTC

good night


Hi all,

just sold my rest 14k XEM at 1791 for an average loss of 1.27% or 0,006 btc


sold 229 GVT at 11555 for a loss of 4,35% or 0,012 btc

just XLM left now from my weekend bounce play position...despite the BTC long which got stopped out i didnt make much losses actually.


5k BTC long 3607

EDIT SL 3575


and stopped out 3570 for a loss of 0.015btc
edit and up 90 $ ...






missed alrdy short at 3800


calling it a night ...btc too weak, dont want to long anything. its too much of a gamble.


HI all

longed 1500 MDA 30 min ago @23550  while bringing the kids to school /kindergarden 

basically break of 23k resistance.
Coin moved crazy before and volume is good -could go to 30k.

since it went to 23,9k now i will take the trade into account.





Sold 50% 762 MDA at 27841

Hi all,

just sold my rest 14k XEM at 1791 for an average loss of 1.27% or 0,006 btc

grrr.. that daily looks amazing

Sold 50% 762 MDA at 27841

rest MDA got stopped out at 25291 for an average gain of 12.7% or 0,045 btc

sell limit was at 29888 but it just went to 29350 - 15% difference in sellprice


trades like posted:

[dmty.0809]

wow ... that's a lot of profit, how do you do it? I am not a beach in trading, so many of my coins are stuck at high prices and have to wait until everything returns to normal

[LastLaughingGuy]

5k AION long 3560

nice volume - smells like break out. got a limit for 5k more at 346


edit 3460 filled - so iam 10k long for 3510

stop loss 3290

wow ... that's a lot of profit, how do you do it? I am not a beach in trading, so many of my coins are stuck at high prices and have to wait until everything returns to normal

trading like iam posting here...and not hodling ..


31.000  just wow...

Sold 50% 762 MDA at 27841

rest MDA got stopped out at 25291 for an average gain of 12.7% or 0,045 btc

sell limit was at 29888 but it just went to 29350 - 15% difference in sellprice


trades like posted:

2225 MDA long 23154 Stop loss 22499

high risk...




long 82k ADA 951 ...fomoed the high

market looks more friendly ..stop 919




half out 25000


rest stop loss 24898 below the 40btc order

2225 MDA long 23154 Stop loss 22499

high risk...

5.1k XLM long 3809

adding to my position here again. having 14.3k now overall




77.5 k ZIL long at 430





rest MDA stopped out 24700 for an average gain of 7.2% or 0,038 btc


here are the orders:
i accidentaly bought more at 24926 instead of selling ...so i sold the coins at 25050 + the ones i did buy by accident.

half out 25000


rest stop loss 24898 below the 40btc order

2225 MDA long 23154 Stop loss 22499

high risk...

calling it a night...too tired...


AION stop raised to 3320. - needs to find an upmove soon..
ADA stop 919 - i think btc will start an upmove soon and want to be exposed abit.
XLM  no stop ...dont want to be wicked out. below 3580 i would give up the position...pretty wide i know.



Sold 77,5k ZIL at 462 for a gain of 7,3% or 0,024 BTC


decided to sell since i want to go to bed. it moved already close to my target but dont want to risk for few sats the trade. - good night...Edit ..already 473 while making the last post ...lol ...target reached...
trades:

77.5 k ZIL long at 430

[himanshu93]

can you please tell me what's your process to choose which coin to trade, meaning do you just go to Binance and look at the list and choose at random or there are some criteria?

[LastLaughingGuy]

Posting via phone

Long 10k bat 3700

can you please tell me what's your process to choose which coin to trade, meaning do you just go to Binance and look at the list and choose at random or there are some criteria?

Hi,

i browse through all binance charts every 2-3 days. on one screen i got the daily,  the 4h and 15-1h chart to check different time frames at the same time. it needs a seconds to check if the chart is interesting.

i then mark coins which seem strong or very weak. weak coins i skip often while going through charts. everything under 100btc daily volume iam not even looking at.
i also have some coins i always do check.

if i see points of interest iam setting up alarms to get notified if prices reaching a certain point or e.g. breaking a trendline.

while iam trading i'm looking at coins on binance , using the desktop app to check regular the short term charts of the top 15 mover and top 15 on volume. 

i also use a volume monitor to get alerts if coins move more than 2% or have a spike in volume. highly recommended! =>  https://crankykernel.com/binance/monitor



trying to enter ZIL atm . only cought 11k at 431. trying to get 70k more at 433.




MDA down to 23500 looks very interesting but super volatile and high risk




1795 MDA long at 23600

1795 MDA long at 23600

50% out 24648 very quick


80k ZIL long 435 ...i fomoed .......stop 424




ADA looking sexy now. but its an asshole coin ...if you want to learn not to fomo take ADA. there is always a down wick to stop hunt. just place your buy order where you would normally put ur stop and be surprised how good it works.

my stop loss was at 919 and missed by 1 satoshi!!

long 82k ADA 951 ...fomoed the high

market looks more friendly ..stop 919

ARN nice chart. missed yesterday my entries by few sats arounf 7k. lets see if i can find an entry later.




long 2260 ZRX at 9752

small position since the price is high ...bad entry level tbh

i plan to double up around 9400

the daily chart looks very nice.




in way too many positions it feels like atm. will be tough to manage.

ARN nice chart. missed yesterday my entries by few sats arounf 7k. lets see if i can find an entry later.

went down to 7260 ...missed again ..now 7681 ..jeez

1795 MDA long at 23600

50% out 24648 very quick

rest MDA stopped out break even for an average win of 2% or 0,008 btc

well...plan was to get some more gains. possibly making a lower low here to stop hunt and then move up ..

edit ..24500 alrdy ..damn

aaand 26k ...


QKC i will long betwen 1100 and 1120 if it reaches it




long 42k RVN 499

stop 489




Sold 10k BAT at 3941 for a gain of 6,63% or 0,024 btc


orders:


decided to take profit here. i got too many positions. BTC seems to extend the correction down and BAT is stalling once more at 8950.

Posting via phone

Long 10k bat 3700

ZIL at 450 ...look at the chart and the line i painted earlier today ..lol 

80k ZIL long 435 ...i fomoed .......stop 424

long 200 GVT at 116




Sold 81k ZIL at 458 for a gain of 5,1% or 0,018 btc

orders:

same reason like yesterday..need to go to bed.

80k ZIL long 435 ...i fomoed .......stop 424

overview on positions


          entry      actual price      stop loss
ZRX      9811         10101           no - iam buying more around 94 - small position
RVN      500           507              489
AION     3510         3500             3440
ADA      951           986              952
XLM      4018         3772             selling below 3590 - tilting...
GVT      11600       11625            none .. selling in weak market below 11000
QKC      1143         1182              1145




final chart for today..

ZIL reached the target ...could have sold now ...lol




Hi all,

first of all ARN: no comment ...30% upmove. did not find an entry yesterday - sad face





AION stopped out at 3430 - currently trading at 3720 - high was even 3940
QKC stopped out break even - was Up 8% there
RVN stopped out 487

currently
ADA  1002 -one more Up move would be nice
ZRX  107 => 9% in Profit
GVT 122 => 6% in Profit
XLM around 3900 - can hopefully find the upmove from here.




more details in the evening.

overview on positions


          entry      actual price      stop loss
ZRX      9811         10101           no - iam buying more around 94 - small position
RVN      500           507              489
AION     3510         3500             3440
ADA      951           986              952
XLM      4018         3772             selling below 3590 - tilting...
GVT      11600       11625            none .. selling in weak market below 11000
QKC      1143         1182              1145

Long 15k XEM at 1879

taking the 1st Position here. got more at 1833




HI all,

abit unlucky today with some positions. Aion went up 20% but got stopped out before and ARN was up even 45%.
But its alright. i dont mind taking close stops. want to limit my risk to the downside to a minimum. Aion i alrdy did hold more than a day and thats usually the time when i start to get impatient, increasing stop losses permantly.

so here the trades again in detail:

SOLD 10K AION at 3430 for a loss of 2.43% or 0.009btc
SOLD 42.3k RVN at 487 for a loss of 2.6% or 0.005 btc

Sold 18.1k QKC for 1144 - break even
 
here the trades. As you can see i also sold 12 ARN at 11300 ...did buy them at 7300 yesterday ...the rest of my 3k order didnt get filled ...I WAS SOOO close to a nice trade..

Long 15k XEM at 1879

taking the 1st Position here. got more at 1833

Went down to 1835 ...missed buy by 2 sats. currently 1869


XRP entry at 8700 missed




calling it a night - had no time today.

still in ADA, XLM, XEM, GVT and ZRX

ZRX had a downspike till 94 but i had no buy order in the system.

market is getting abit dangerous for longs- got to watch btc closely.

good night


Posting from phone.

Market dumped but i didnt react. Doubled zrx position at 94.11

2nd half ada stopped out break even


13400 bat long 4188 abit fomo

And i need to correct my zrx entry. I didnt double at 9411. i only got partially filled (700) at 94.04


Hi all,

didnt have time yesterday. will catch up now.

SOLD 82k ADA at an average of 976 for a gain of 2,5% or 0,019 btc

trades:



Decided to make a results overview every end of the month.
i will start with november, combining Oct/Nov since i started 21st of October.

Goal is to finish every month in the green...

in retrospec i got to say iam not unhappy with how things were going. considering i got one very bad trade where i lost 0,13btc (BTC long got stopped out at 3448 - still in shock haha).

in fiat iam ofcourse also down since btc decided to lose 30%. i'm very dissapointed though that i couldnt profit at all from the dump since my short term bias was short.

ok so here it is:

OCT/NOV  => +0,54 btc


all trades:


and the  overall graph:



Here my current positions iam Still in:


BAT (long 4188)

i entered entered bcs of the green szenario. rejected so far. i blame BTC weakness



ZRX (long 9811 and 9404)

unlucky with my long at 9404 - cought the low but only got filled partially. if we can push through 100 i think we will see 108 again which would be my target.




XLM (entries 4250, 3720, 3808, partiall sell at 3743

iam losing patience here: i think i will go out below 3900 . if we break 4050 it looks very good.




XEM (long 1833 and 1879)

basically playing the green line in the daily which i drew like 2 weeks ago.




and my last position i got:

GVT (long 116000)

i didnt add around 110 because i start to see a descending triangle which may break to the downs side. i think its a chance to see 90-95k then. however we also have strong support here thats why i didnt sell. its a small position anyway (0.2btc - got to get used that this is only 800$ now .




BTC short time bias is bullish - days

mid term bearish -weeks/few months

long term bullish -







SOLD all my 14k XLM for an overall loss of 0,027 btc


orders:


SOLD 30k XEM at 0,00001860 - break even

orders:


reducing risk here.
dont like the charts so much anymore. maybe i will re-enter XLM above 4050. but for now i will look for better opportunities.


SOLD 13.4k BAT at 0,00004114 for a loss of 1.9% ot 0,01 btc





for me it looks like a failed break of 4150. i find the risk too high that we dump here. i feel good atm with not too much beeing exposed to the market.
iam like 80% in BTC


Long 21k THETA 1847 ....maybe a spike up to like 2100..typical saturday night gamble...

Long 21k THETA 1847 ....maybe a spike up to like 2100..typical saturday night gamble...

sold the first few at 1919 ...have sell orders up to 2039 - but i guess i will sell when i see the upmove is ending

Long 21k THETA 1847 ....maybe a spike up to like 2100..typical saturday night gamble...

sold the first few at 1919 ...have sell orders up to 2039 - but i guess i will sell when i see the upmove is ending

sold all 21k at an average price of 1883 for a gain of 1.8% or 0,007 btc




timing of the entry was great but should have taken the 4% and move on ...easy in  hindsight


Long 500 MCO 0,00600 stop loss 0,00589

Long 500 MCO 0,00600 stop loss 0,00589

Sold 500 MCO at 620 for a gain of 3.2% or 0,01 btc.







Long 15k ADX 2339  tight stop 2299

highly likely i will get stopped out but risk reward is good.




long 2500 ONT at 2000




Hi all,

didnt have time today.

lost 3 of my 4 position. BTC too weak . but its fine since the losses are small due to tight stops / relatively small positions.

SOLD 15000 ADX at 2889 for an overall loss of 1,9% or 0,008 btc
SOLD 2500 ONT  at 1958 for an overall loss of 2,3% or 0,011 btc
SOLD 3033 ZRX at 9586  for an overall loss of 1,4% or 0,004 btc


here the trades:


it also showed a BAT trade. Entry at breaking 4300.  i made like 2% with a 0,67 BT position netting to around 0,013 btc profit. But i forgot to post the entry so i will not include it in the stats.

my last position i have the GVT (only 0.2btc worth). i think it will break down but dont want to sell at support here (111 currently). Should have sold at 119 yesterday (top of the descending triangle).


Wont trade today - need to catch up some sleep.



Hi all, posting from phone. Doubled my gtv position at 11030.stop loss for all 400 now at 10799. basically speculation that the triangle holds. Details later.


hi all

long 1173 WAVES at 5269. 

sick coin -it made another correction to the 61.8 level ...lets see if we bounce back once more from here. Stop 5149

Hi all, posting from phone. Doubled my gtv position at 11030.stop loss for all 400 now at 10799. basically speculation that the triangle holds. Details later.

here the chart. we are dropping already. i guess it will break out to the down side.
thinking about closing the position.

hi all

long 1173 WAVES at 5269. 

sick coin -it made another correction to the 61.8 level ...lets see if we bounce back once more from here. Stop 5149

wow stoppped out already at 5117 ...slippage too.

sold 1173 WAVES at 5117 for a loss of 3% or 0,0186 btc.

bad trade ...just realized i took a 0.6 btc position. plan was having half of it due to the high volatility.


long 150k ZIL 423 Stop 407.



long 40k THETA 1585 - initial stop loss 1539




3k long on XBT bitmex at 3687

long 40k THETA 1585 - initial stop loss 1539

stopped out at 1535 for a los of 3% or 0,021 btc

BTC too weak ...not going good atm...

3k long on XBT bitmex at 3687

Sold 3k at 3712 for a gain of 0.7% or 0.006 btc - none event

i find that move likely:





 

3k long on XBT bitmex at 3687

Sold 3k at 3712 for a gain of 0.7% or 0.006 btc - none event

i find that move likely:

SOLD 400 GVT at 10904 for a loss of 3.8% or 0.017 btc

market weak. triangle seems to break now. would be a nice short.

just ZIL left in my portfolio and i think i will also lose those coins.




Hi all

didnt have time today - got stopped out of ZIL


SOLD 150k ZIL at 404 for a loss of 4.4% or 0.03 btc


in no position at the moment.


EOS entered support zone but yeahh ..market super scary and eos dumpy ...but i guess iam going to watch for an entry for a short term bounce play




long 45k LRC 1100 stop 1079

weird price action ..speculating that it bounces few % of here



BTC long 3k usd at 3607 - stop 3519


i like the last reversal candles  with relativley long wicks.




H4 closes in 20 min. if we go back to the green zone it would look very nice





SOLD 45k LRC at 1142 for a gain of 3.7% or 0,019 btc

long 45k LRC 1100 stop 1079

weird price action ..speculating that it bounces few % of here

MANA long 44k at 1623


high risk, looks like continuing upmove - will reduce quickly if its dropping



QKC super strong - was looking for an entry but seems to not give a chance




out 1615 ...couldnt make a new high  for a loss of 0.005 btc

MANA long 44k at 1623



high risk, looks like continuing upmove - will reduce quickly if its dropping

BNB missed it too .. maybe buying around 139 if it drops there




long 400 BNB  13960 stop 13699


38k QKC long 1131




27.2 BCHSV long 28316

BTC long 3k usd at 3607 - stop 3519


i like the last reversal candles  with relativley long wicks.

Stopped out 3511 with nice slippage ...for a loss of 0.023 btc

shorts are super high now ... guess a squeeze is incoming but yeah ...iam wrong alot these days

38k QKC long 1131

pretty sick increase ...that volume spike there really made me not sell so far

taking half out now though at 1210




Out Half at 31350 ..very nice

(QKC back to entry level -lol..)


EDIT: Sold all 27.224 BCHSV at an average of 31379 for a gain of 10.7% or 0,08 btc

feels good to finally have a good trade

and wow ..it reached the target zone

27.2 BCHSV long 28316

long 1267 WAVES at 4296

sold all at 4196 for a loss of 0,013 btc

got nicely fooled there buy a spike which got dumped on immidiatly. btc new lows too. should half waited for the next zone

long 400 BNB  13960 stop 13699

adding 200 more at 13967

stop loss for all 13699

calling it a night soo ...already way too late.




hi all

decided to take some eos.

long 500 EOS 5078

its a small position because i want to see first how it developes. 50 is around number and should be good support. the coin has alot of downwards momentum though.

maybe we see another leg down where i will double my position. i really want to risk smth on that level. Targets around 56 and maybe even 64






Sold 600 BNB at 13687 for a loss of 1,4%  or 0,012 btc. -stopped out

 BTC just too weak.

looks like BNB wants to go back to 125

long 400 BNB  13960 stop 13699

adding 200 more at 13967

stop loss for all 13699

calling it a night soo ...already way too late.

long 7885 ZRC at 8701 stop 8599


Add on 500  at 4929

hi all

decided to take some eos.

long 500 EOS 5078

its a small position because i want to see first how it developes. 50 is around number and should be good support. the coin has alot of downwards momentum though.

maybe we see another leg down where i will double my position. i really want to risk smth on that level. Targets around 56 and maybe even 64

tried to get out above 90 but could only sell like 20% ...still in it with the rest

long 7885 ZRC at 8701 stop 8599

2k ARN long 7004 ..tiny position . tried add on deeper but couldnt...damn bots


BNB currently at 128 ..i got a buy order at 12560 ...

BTC shorts on ATH ... but market is soo weak ... iam exepcting a squeeze soon ..but yeah ...important not to be too much committed until then. i hate to go into the red

EOS also new lows ..cought a knife there

2k ARN long 7004 ..tiny position . tried add on deeper but couldnt...damn bots

2k more at 6966


1st position  255 BNB long 12792 ..rest at 12560 if we go there





GO made a 10% bounce of its support zone ..trying to get an entry around 630

2k ARN long 7004 ..tiny position . tried add on deeper but couldnt...damn bots

2k more at 6966

Half out 7350


14.5k MANA long 1660  ..coinbase news (DNT and loom going to be added too it seems - DNT 47% up)

high risk = small position ... stop 1629

nice insider volume before the announcement...

14.5k MANA long 1660  ..coinbase news (DNT and loom going to be added too it seems - DNT 47% up)

high risk = small position ... stop 1629

nice insider volume before the announcement...

and out 1635 for a loss of 1,7% or 0,004 btc --happens. i wont touch it now anymore. iam giving those coins 1 chance.

edit 1711 now 

2k ARN long 7004 ..tiny position . tried add on deeper but couldnt...damn bots

2k more at 6966

Half out 7350

2k long again 6900 ...that volatility...

38k QKC long 1131

pretty sick increase ...that volume spike there really made me not sell so far

taking half out now though at 1210

QKC completely out now at 1179 for an average gain of 5.5% or 0,024 btc




edit 1209 now ...man again 3% ...bad timing

2k ARN long 7004 ..tiny position . tried add on deeper but couldnt...damn bots

2k more at 6966

Half out 7350

2k long again 6900 ...that volatility...

ALL out at 7065 for an average win of 2,7% or 0,011btc





BTC shorts level at ATH ...insane ...

here the charts of the highs and the squeezes afterwards...

BTC shorts level at ATH ...insane ...

here the charts of the highs and the squeezes afterwards...

lol 200$up

1st position  255 BNB long 12792 ..rest at 12560 if we go there

added 245 at 12819



Sold all 500 BNB for 13540 for an average gain of 5,6% or 0,0425

1st position  255 BNB long 12792 ..rest at 12560 if we go there

added 245 at 12819

tried to get out above 90 but could only sell like 20% ...still in it with the rest

long 7885 ZRC at 8701 stop 8599

Sold all 7885 ZRX at an average of 9010 for gain of 3,4% or 0,023btc






only position left now is EOS
as stated i want to hold it abit longer ...target 1 around 56k target 2 around 61k




long 3k USD on btc bitmex at 3323 - stop 2%




100k DNT long at  390





XEM still super strong ....funny my drawing 3 weeks ago ...

above 21 we may see quick 10%

100k DNT long at  390

Sold at 380 for a loss of 2.7% or 0.01 btc


couldnt break 400 - volume didnt pick up - i just got no patience with those coins. My entry was too high too but i thought we would have a dynamic upmove...so basically fomo ..lol


ok one more trade...

long 1360 Waves at 4333

volume picks up abit ...touched the 4100 level



looks like we cought the break here in waves ...i will adjust the stop to 4249 try to let it run up




hi all

Sold all WAVES at 4246 for a loss of  2,2% or 0.013 btc

unfortunately stopped out. currently at 4350


EOS went up very nicely into the first target zone.
I sold half at 5549 which will be like 10%

now its at 50. Iam feeling abit stupid infact to not have sold all. yes ..plan is to sell around 60 the rest but over night i was pretty sure we couldnt go there. IT would have been much better to sell all and looking for re-entries.
here with a 10% drop i may do that actually.




thats what iam actually looking at in eos. since we got high momentum at the way down 4850 may be possible soon. the H4-chart still looks terrrible and like lower lows.
entering around 4850 with the plan to close at new lows might be a low risk setup. ) but we need to see signs of reversal. i will not just buy the level. (cought the knife yesterday alrdy)






if btc doesnt turn around and move up here it doesnt look so good for my long. it did hit 3.5k last night again which would have been a nice exit.




ZRX - wow ...did go to 99 ...we bought it yesterday at 87 ...exit 90 ...

entering a potential buy zone here..




little overview...

since i was posting alot of trades the last days ...
after dropping about 0.15btc in beginning of december, we are currently break even for the month due to the trades of the last 2 days. (EOS trade and BTC long currently up like 0.03-0.0 4btc which is not included)






BTC soo damn weak - stop for my position increased to 3349 - dont want to let the position run into minus




missed a nice buying opportunity in ETHBTC



long 4k ZRX long at 9256
stop loss 9199
maybe i will add some more

EDIT -bought 4k more - average entry now:9272




34 BCHSV long at 29258

big position since a sell wall got broken. very tight stop.



half out 30225 since it was a 1 btc position.

for the rest stop loss to break even -Target 32000+

34 BCHSV long at 29258

big position since a sell wall got broken. very tight stop.

iam out with family. will be able to react on the phone but maybe not post in real time.

current postions: BCHSV, ZRX, EOS, XBT

cu guys later


Hi all
Sold BTC at 3347 for a gain of 0.007 btc
Sold ZRX at 9148 for a loss of 0,011 btc
Sold BCHSV at an average 29755  for a gain of 0.016 btc

only left EOS.


Morning.. btc in a tight range ..didnt miss anything it seems the last hours ...

watchlist:
EOS - still have 500 hundred but thinking about adding. Still at support zone -currently in a triangle. i will buiy a break to the upside.






RVN watchlist

maybe an entry after breakout and pullback. dont want to fomo in here directly after break






long 34,7 Dash at 19868

big buy order produced a spike up.

i will have a tight stop loss making it a good risk reward.

long 34,7 Dash at 19868

big buy order produced a spike up.

i will have a tight stop loss making it a good risk reward.

Sold 19456 for a loss of 2.2% r 0.015 btc

got wicked out ... disadvantage of having SL in the system...




long 1k more EOS at 5271 - rly want to play that triangle...

RVN also long 93k at 409 ..same reason ...btc maybe breaking out here

long 1k more EOS at 5271 - rly want to play that triangle...

RVN also long 93k at 409 ..same reason ...btc maybe breaking out here

Sold all RVN 433 for a gain of 5.7% or 0.022 btc  -that worked perfectly






EOS rejected at 5350 again ...

got to be carefull here since i got a 0.75btc position.



long 60k ADA at 880 stop 869

increasing my exposure .i expect btc to move up...


206090...i marked the low 

long 34,7 Dash at 19868

big buy order produced a spike up.

i will have a tight stop loss making it a good risk reward.

Sold 19456 for a loss of 2.2% r 0.015 btc

got wicked out ... disadvantage of having SL in the system...

BTC 3500 looking good important not to get a  big rejection now

long 60k ADA at 880 stop 869

increasing my exposure .i expect btc to move up...

EOS 5450 -looking good now




RVN iam waiting 412 and 409 to re buy in.
went to 414 so far

long 1k more EOS at 5271 - rly want to play that triangle...

RVN also long 93k at 409 ..same reason ...btc maybe breaking out here

Sold 500 EOS at 5517 - together with my sell at 5549 (entry 5003) for a gain of 10.5% or 0.052btc

left over are the 1k eos i bought today at 5271

very happy with the trade so far

RVN iam waiting 412 and 409 to re buy in.
went to 414 so far

Entry missed by 1 sat ....


4k ZRX long 9475 stop 9299


off to be out with kids ...cu u later


wow market took off...

RVN long 107k at 418


ARN 6k long 7200


Hi all,

 as said  i couldnt post much due to family. I'm pretty disappointed by me fomoing the highs of some coins after checking btc around 3600. i basically bought in the middle of zones without a real plan and way too wide stops on the phone instead of letting it go. pure unprofessional fomo got me this time after 2-3 successful days with a way too strong bullish bias. although i did end up only slightly in the red, those trades can really bring you in trouble. - not proud of me there.

 

RVN stopped out at 397 for a loss of 5,2% or 0,023 btc
ZRX stopped out at 9273 for a loss of 2,3% or 0,009 btc
DNT i sold at an average of 443 for a profit of 9,8% or 0,05 btc
ADA stopped out at 868 for a loss of 1,5% or 0,008 btc

ARN still in currently at  6980 (-3%) stop loss 6849
EOS very nice at least with new highs 5843  currently up 8% with my entry at 5271- Target 2 in reach...

orders:








ARN stopped out too at 6817 for a loss of 5.5% or 0,024 btc ...so bad ...see post below ....

BTC really weak. EOS pretty stable. i will put my stop loss to 5439 though, protecting some of the gains. target stilll 60-6150





Hi all,

i didnt trade the last days. my last EOS position got stopped out at 5433.

Sold 1k EOS at 5433 for a gain of 2,9% or 0,015 btc


HI all,

didnt trade the whole week. alot of work before xmas.

long 600 GVT at 0,0009851


really like the volume yesterday. buying the 81.8 retracement of the upmove here on declining volume





Long 1300 EOS at 5973 ...guess we are going to 62






doesnt look like btc has alot of potential to the upside short term
above 3320 it looks better. i expect it to move down at 3280




XLM 20k long 3055

at support in the daily -looking nice for a move to 3200 at least

keeping the stops close though since btc is dangerous.




suddenly sell pressure for XLM
stop 2979 now ..
GVT stop at 9649 and EOS at 5849

except of the GVT entry i dont really like my 2 other fomo  longs here in XLM and EOS anymore...

XLM 20k long 3055

at support in the daily -looking nice for a move to 3200 at least

keeping the stops close though since btc is dangerous.

HI all,

didnt trade the whole week. alot of work before xmas.

long 600 GVT at 0,0009851


really like the volume yesterday. buying the 81.8 retracement of the upmove here on declining volume

SOLD 600 GVT at an average of 0,0010220 for a gain of 3.6% or 0,021 btc

[LastLaughingGuy]

Hi all, posting from mobile- just sold all EOS betwen 6700-6740. details later -nice trade

suddenly sell pressure for XLM
stop 2979 now ..
GVT stop at 9649 and EOS at 5849

except of the GVT entry i dont really like my 2 other fomo  longs here in XLM and EOS anymore...

XLM 20k long 3055

at support in the daily -looking nice for a move to 3200 at least

keeping the stops close though since btc is dangerous.

XLM got stopped out at 2978 for a loss of 2.7% or 0,018btc
but as said already :
sold all EOS for an average of 6719 for a gain of 12,3% or 0,096 btc. (i got lucky there ...missesd the stop by few sats because i typed in 5840 and not 5849 and the strong increase wasnt anticipated.

here are the trades like posted:



and here the EOS chart again:






first 30.5k  MITH long at 1947

high volume -usually a sign for an impulse move up. buying the 61.8% retracement here. actually would add on around 1890.



BTC strong but i guess ill try a short around 3620




first 4400 XRP long 9229


spiked up to 9300 ...
want or wanted to add around 9150




2nd position filled at 9155 10k long now -average 9192 ...not perfect

first 4400 XRP long 9229


spiked up to 9300 ...
want or wanted to add around 9150

750 GVT long 10172




sold 5k at 9237 - reducing position due to the not so good entry.

2nd position filled at 9155 10k long now -average 9192 ...not perfect

first 4400 XRP long 9229


spiked up to 9300 ...
want or wanted to add around 9150

Half out 10778 - that was fast

750 GVT long 10172

Hi all,

didnt have time today.

MITH got stoppped out pretty badly last night
Sold 30,6k MITH at 1830 for a loss of 6,15% or 0,037btc.

i didnt buy more like planed because i went to bed. instead i put a stop losl at 1869. it got hit and i lost my position with an extra of 2% slippage.
i didnt expect the 100% retracement. happy i did not add on but since i went to bed i should have reduced risk and sold 50%.
I dont like to lose more than 1% of my acc in such a trade.

not touching MITH ...i was sure with that high ammount of volume we wouldnt see a full retrace. some heavy sellers are still in there.

first 30.5k  MITH long at 1947

high volume -usually a sign for an impulse move up. buying the 61.8% retracement here. actually would add on around 1890.

still having my 50% XRP (average entry 9192 - currently 9433) and 50% GVT (entry 10172 - currently 10574) will be abit more patient i guess and see if we get an extended btc bounce.


long 6.2k ZRX at 8222 - stop 8149

not much to say here. longing at local support -tight stop loss.
speculation is that ZRX catches up abit the last btc up move




long 500 BNB at 14750 stop 14549


abit fomo - maybe i should have longed above 148. close stop loss





Did add on 5k at 9367 - stop loss for all 10k now at 9320

sold 5k at 9237 - reducing position due to the not so good entry.

2nd position filled at 9155 10k long now -average 9192 ...not perfect

first 4400 XRP long 9229


spiked up to 9300 ...
want or wanted to add around 9150

XRP wtf was that - stopped out at 9300 ..

SOLD 10k XRP 9300 for break even (0,002btc after fees...)

it still looks good - i could long it here again ...stupid market dump 10% down spike

EDIT ...i just realized i only put the stop loss for the last 5k to 9320 ..the other half still had the stop loss from yesterday at 8949 and got filled at 8923 ...damn it.

so: on average:
sold 10k XRP for a loss of 0,017 btc
  stupid mistake

Did add on 5k at 9367 - stop loss for all 10k now at 9320

sold 5k at 9237 - reducing position due to the not so good entry.

2nd position filled at 9155 10k long now -average 9192 ...not perfect

first 4400 XRP long 9229


spiked up to 9300 ...
want or wanted to add around 9150

Sold 500 BNB at an average of 15140 for a gain of 2.5% or 0,018 btc

missed the target at tthe chart by 8 sats. iam calling it a night. After XRP and  BNB iam frustrated today and its never good to trade in that state of mind.

iam still in GVT and ZRX. stop GVT 10199 and ZRC stays at 8149

long 500 BNB at 14750 stop 14549


abit fomo - maybe i should have longed above 148. close stop loss

BTC pumping and ZRX stopped out at 8145  - only a 0.005 btc loss though

long 6.2k ZRX at 8222 - stop 8149

not much to say here. longing at local support -tight stop loss.
speculation is that ZRX catches up abit the last btc up move

HI all,

not much time for trading since alot of working / xmas prep work.

my GVT position got stopped out at 10121 for an average gain of 2,5% or 0,019 btc. (sold the first half at 10778)

unfortunately i couldnt at all profit at the 20% upmove from btc

still having my 50% GVT (entry 10172 - currently 10574) will be abit more patient i guess and see if we get an extended btc bounce.

SHORT 5k USD in XBT at 4032 on bitmex. stop pretty wide atm 4150

SHORT 5k USD in XBT at 4032 on bitmex. stop pretty wide atm 4150

stopped out 4148  0.037 btc well deserved loss for that random short - so bad.


hi all,

didnt trade due to family

looks like the 4§%§$% really use xmas to pump the coins.

i fomo longed 857 GVT at 10480.

there are resistances above but i wanted to pick a coin which didnt go up so much yet.

will be mnore of a swing trade with target around 125...if the market is not imploding on me - which is definatley possible.

hi all,

didnt trade due to family

looks like the 4§%§$% really use xmas to pump the coins.

i fomo longed 857 GVT at 10480.

there are resistances above but i wanted to pick a coin which didnt go up so much yet.

will be mnore of a swing trade with target around 125...if the market is not imploding on me - which is definatley possible.

Sold 857 GVT at an average of 12570 for a gain of 19,8% or 0,178 btc - very nice trade



orders:






hi all,

using the current btc dump for rebuying gvt

long 910 GVT betwen 11700 -11900 ...average  118,41


maybe abit greedy since support is around 110 but it was so strong the last 48 h that it just might be a down dip and will go to 130 from here.




hi all,

long 3444 ONT at 1531 Stop loss 1485

catchin a knife here but its time for a counter reaction after dropping from 1950.  1500 basically the only suport zone i can see before new lows



GVT really dropped to 11000 ...but cant buy more since i already have a 1 btc position. it was a mistake to buy in so much at 11800. iam so  convinced it will go up again after the strong 30% impuls 2 days ago that iam not even worried.
but BTC needs to hold. at the end we are in a bear market and it can drop to new lows from here easily but yeah...i'm going to risk it.

hi all,

long 3444 ONT at 1531 Stop loss 1485

catchin a knife here but its time for a counter reaction after dropping from 1950.  1500 basically the only suport zone i can see before new lows

sold 3444 ONT at 1647 for an average gain of 7.4% or 0,039 btc

orders:





short 3k $ in BTC at 3865




btc alrdy stopped out at 3916 for a loss of 1,3% or 0,01 btc


hi all,

long 1011 WAVES at 8138 ...plan to add more above 8200. 9k first target. next targets 9.5k 10k. Stop loss around 7800




GVT needs to find support here. iam still long from 11840 on with a 1btc position. very poorly managed by me. but also didnt trade at all during xmas.i still like the chart. if i wouldnd have gvt i would buy it here. so no reason for me to sell now only my entry was bad.




DID add 763 WAVES at 8200 ..really like the chart and willing to risk some. 1.45 btc position.

[Dig Bicks]

Just wanted to say I enjoyed going through your past trades , really great thread

[Obiwankenodium]

Nice topic you have made here. Will follow for future trade progress.

[LastLaughingGuy]

Hey everyone

a happy new year to all of you.

as you may have realized i took the last 2 weeks more or less off.
it was a necessary battery recharge at the end of the year. family, job and crypto is demanding:).
on top of that i think during the holidays moves are even more random, i expect lower volume resulting  in an overall tougher market to trade in.

i would love to say everyday i did something with the kids but tbh alot of time after Xmas  went into just doing nothing - watching netflix which i normaly dont do. (Kids are fine with it anyway ...)


anyway...i will post more again - hopefuilly explain entries /exits abit more detailed. my work will start next week which gives me some time for orientation.

hi all,

long 1011 WAVES at 8138 ...plan to add more above 8200. 9k first target. next targets 9.5k 10k. Stop loss around 7800

I didnt  post my exit on  waves on the 31st. it was 11:55 ppm on the phone and i didnt realy care to post here tbh  .  reason for the exit was the hard decline after breaking out nicely like anticipated

Sold 1774 WAVES at 8502 for an average gain of 4% or 0,058 btc

orders:

Nice topic you have made here. Will follow for future trade progress.

Just wanted to say I enjoyed going through your past trades , really great thread

hey - thank you ...good to hear some feedback. since its more or less just a posting of my trades i dont have alot of interaction so i dont really know if it is soo interesting hehe


lets to the monthly wrap up for december.
after beeing down 0.15btc in the first week i closed in the green for 0.36 btc. since start it is 0,916 btc.

i still have all my GVT which is around -0.07 btc atm so its actually 0.29 (0,85 respectively) but i will take the trade into january and count it when i close it.


trades Dec 18




overall graph:








Long 6500 ONT 1660. stop for now 1599 . Posting from phone - so more details later

Long 6500 ONT 1660. stop for now 1599 . Posting from phone - so more details later

Stopped out at 1598 during the night for a loss of 3,9% or 0,042btc

BTC reversed on me and i bought the fake out. pretty much trade was instantly in the red.

i like the higher low after hitting resistance the first time at 1660 and thought we would push through resistance going to the zone of 1750-1800. didnt work out obv.




GVT starts to not look so good.
its important to turn here to the upside.
if we drop below 106 and stay there i will sell and book a nice loss due to my bad entry and unmanaged trade. happens if you want to force exposure during xmas/new year instead of letting it be. well deserved.
But maybe we turn here. overall we still got a bullish structure. iam just t0o impatient and definately dont want to hodl a potential drop below 100 again.

[MURONDI]

I suggest you use $ as a benchmark, because the difference in the price of BTC in a few months is very high, even though you get a lot of BTC but if the price falls you will experience a big loss
good luck in your trade 

[LastLaughingGuy]

I suggest you use $ as a benchmark, because the difference in the price of BTC in a few months is very high, even though you get a lot of BTC but if the price falls you will experience a big loss
good luck in your trade 

hi Murondi,

it is a good point you bring up there.

I decided when i started to accumulate as many btc as possible.
especially now the gains in $ are not giving me a good hourly but my plan is different. I'm having a n "ok" income and dont need the crypto money. so iam only doing it here to accumulate as many btc as possible hoping for another parabolic bull run in 2-4 years. that could be life changing money .

ofcourse if i would knew that btc drops further i could put $ aside to buy in with more btc. but i can also long TUSD for that.
unfortunately i missed the short on the way down and have to admit that i got suprised by the momentum of the drop. in my initial post i talked about that i think we will go to 3k but i didnt think it would go there so fast.
i set up every thing now to buy more btc if we drop below 3k for long time hodling. if i do so i will post it here too - opening a long term trade seeing how it goes.

but yeah ..due to the huge drop in value iam already experiencing a change in trading dynamic. usually i trade 4k$+ position but with regards of equivalent in BTC iam taking a too big of risk for my trading plan if i adjust the positionssize in BTC to the upside.
its weird to scalp 2% with a 0,5btc position for 35$. feels like not worth the effort. or monitoring 6 position with 1.5k $ value each ...

so maybe i will scalp more again with bigger positions sizes (relative to the account size). basically the trading style i had when i startet wqith 0,3 btc. but its tougher to post that since often it was an in and out within minutes. need to figure out how it will go. maybne i will just post the more swingy setups here. lets see.



 

Hi all,

first of all my opinion about btc.

short term (days / weeks): undecided - bearish tendency
mid termn (months): bearish
longterm (years): bullish

So since I'm trading and hodling btc meanwhile it wouldn't make much sense to do all that thinking btc will die.  So as already mentioned i try to accumulate as many btc as possible before the next bull run. I bought in when BTC was at 11900 $ and just try to outtrade the bear market.
However I believe that we have alot of consolidation ahead and I'm talking 12-18 months. Only when 95% of the traders have left the scene, not looking into their accounts because they dont want to feel the agony of being down 90%+ on most of their holdings - then the chances are good to see another cycle. Too many didnt deserve the huge gains they made and usualy the market takes it back.

While going down even more i think 3k is an area where i would even like to invest longterm and i will buy my kids 1 btc each on that price to hodl it for years.
Maybe we will see 8k or even 10k before going down further but i doubt we will go from here and never look back.
Additionally I think the whole cryptosphere is extremely shady and the recent bitfinex bitmex tether issues are making me puke - so yeah I'm also prepared to lose my btc's.

IF we really are at the low here I wouldn't mind either. Trading in a bull market is alot easier than in a bear market. Only my kids wouldnt have 1 btc .

LLG

so that was in october...basical short and mid term bearish was spot on ..but i couldn't capitalize on that.

i think we will see new lows and i plan to buy in then for long term. when we dropt to 3.15k i checked if i could purchase btc but it turned out that i got an issue with my coinbase acocunt which i used january 2018 first and last time. so i had to find another way which took 2 weeks to setup. but iam ready now. from 3k on i will try to buy in hoping for a panic drop well below 3k.


short 15 BCHABC at 0,042 on bitmex

target 1 around 0,04
target 2 around 0,036

nasty daily candle, broke support here which should be resistance now.




long 1993 EOS at 70 - stop 6959.  scalp at the 15min chart. targeting the 38.2 retrace of the downmove from 74. like the last reversale candle with retest. EOS overall strong. very nice chart. but BTC is a risk





EOS stopped out at 6948 for a loss of 0,012 btc (0,9%)





ICX has a nice chart.
above 700 it looks very good. - watchlist




Long 7775 icx at 706. broke the 700 giving it a try

short 15 BCHABC at 0,042 on bitmex

target 1 around 0,04
target 2 around 0,036

nasty daily candle, broke support here which should be resistance now.

BCHABC just hit my target at 0,042 - was my buy order yesterday. unfortunately i got stopped out before.

closed short for a loss of 1% or 0,01 btc.


Long 150k DOCK at 234

random shit coin long. i like the stop loss hunt mid december. now a volume spike.
tight stop loss 229. no room for those coins.

Long 7775 icx at 706. broke the 700 giving it a try

Sold 7775 ICX at 699 for a loss of 1,1% or 0,006 btc

tiny loss but didnt like the hard drop right now below 700.
speculation was that it would lift up after retesting 700. now i think we will see a deeper consolidation. entry area betwen 670-680  would be nice.



still watch list


TRX looking good. maybe i long a potential pullback to 530-535 with a 3-4% stop loss. next target after breaking 560 would be 630-650 giving a nice R:R




not much working this year so far .

TRX breaking out (577 already) without  the  pullback i planned to long and ICX is at high again which means i got shaken out...


long 25k XLM at 2980 -stop loss 2963

trying to anticipate a break to the upside here because of increasing volume. but tight stop. i dont want to risk much atm to get a feeling for the market again. ...i could also observe but yeah ...my problem is overtrading
60btc buywall at 2964 which is mainly real i guess  (got tested before)




nice break for PIVX - plan was to buy the break of 2300 ...missed it




long 19855 BAT at 3577 stop loss 3539

Long 150k DOCK at 234

random shit coin long. i like the stop loss hunt mid december. now a volume spike.
tight stop loss 229. no room for those coins.

currently at 238.putting stop loss up to 232. i dont give those coins room. if its going then good, if not i get rid of it.




calling it a night - sitting in DOCK BAT XLM and GVT.



GVT still biggest position. its approching 11000 right now - maybe we finally see an upswing again. would be nice, chart is not looking bad.

good night






hi all

XLM stopped out at 2961 for a loss of 0,8% or 0,006btc
BAT stopped out at 3527 for a loss of 1,5% or 0,011 btc

alot of negative trades (5 in a row) but trying to keep losses small so its all good.
the first trade (ONT) resulted in the same loss btc wise than the following 4 combined. so itss important if not much is working cuttng down postions sizes, or keeping losses small (very tight stops) or both.
iam at the moment trying to keep tight stops because i dont trust the market at all but also want to get into trading again (patience and observing would be the best i guess ...but yeah ...my weakness..)

 


KMD looking good, bounced nicely of support. no volume yet. watchlist




long 31,7 BCHSV at 22955

EDIT STOP loss now at 22699 - around 1% risk left




20 BCHABC long at bitmex at 0,0416 because BCH SV seems to really move


Long 1500 pivx at 2351

edit . did add 1000 at 2380 stop loss for all not 2340





PIVX stopped out for a loss of 0,01 btc

BCHABC and SV also with a deep consolidation of the upmove - not looking so good.


annoying cycle i'm in now.  in my A-game i take 2-4% gains per trade but since my subconcious wants to compensate the losses i basically use scalp setups for swings looking for the 7-15% gains which are way less likely.





closed BCHSV at 22877 for a loss of 0,003 btc and BCHABC at 0,0418 for a gain of 0,003 btc so basically break even ... i was up 0,05 btc on the positions 15 min after entry this morning. annoying.


91k ADA long 1182

91k ADA long 1182

basically cought the breakout. actually it went already into my target zone ...but didnt have a sell order there. didnt expect the violent upmove.

[Obiwankenodium]

Did you buy ada on bitmex or on another exchange?

[LastLaughingGuy]

Did you buy ada on bitmex or on another exchange?

Hi,

i bought on binance.
i suck on bitmex. mainly i use it for BTC and shorting.

higher fees and more wicks plus iam so impatient and like to buy from the ask or sell into bids. its better to place orders on bitmex otherwise the fees eat u alive


Long 95k ZIL at 546

[Obiwankenodium]

Did you buy ada on bitmex or on another exchange?

Hi,

i bought on binance.
i suck on bitmex. mainly i use it for BTC and shorting.

higher fees and more wicks plus iam so impatient and like to buy from the ask or sell into bids. its better to place orders on bitmex otherwise the fees eat u alive

yes the taker fees are high on bitmex indeed.

[LastLaughingGuy]

Went out of Dock for a loss of 0,002 btc - so basically break even. double topped.

ALso ADA made a nice spike to 1249again . since i had a stop loss in the system and wasn't at the PC i missed the exit again. It got a strong rejection again which is not good.
i hhad my stop loss at 1169 and at night it dropped even to 1178 again. i dont like that hindsight talk but selling 1240 and rentering at breakout level around 1180 would have been to optimal play.

having a sell order now at 1235 and 1245 in the system.

Long 95k ZIL at 546

posted on the phone.

basically playing the breakout out of the triangle. but strong resistances ahead. will sell half at 575 and see with the rest if we can move to 600. Stop loss 529

[Wafilian]

Hi, Last Laughing Guys I brought some XRP at 9365 Satoshi and currently market sideway in the h4 chart, what you think to sell and exit or hold.

[LastLaughingGuy]

Hi, Last Laughing Guys I brought some XRP at 9365 Satoshi and currently market sideway in the h4 chart, what you think to sell and exit or hold.

it just dumped to 91..

XRP was one of the very strong coins since october. newsflow is positive. eventhough iam not looking at fundamentals.
tbh i would sell and look for a re-entry. maybe not now becasue it just dumped. but betwen 92 and 93
i think green is best case. red possible too. 




jeez BTC move is screwing my positions. ADA down to 1195 and ZIL 542

Long 95k ZIL at 546

long 35k more at 541


GVT reached my stop loss area but i dont want to sell into the dump which got induced by the btc pump.
volume was really low the last days. best case is that we go above 106 again and the down spike was a stop hunt before moving up. if we stabilize below 106 i will sell and book the loss..

GVT reached my stop loss area but i dont want to sell into the dump which got induced by the btc pump.
volume was really low the last days. best case is that we go above 106 again and the down spike was a stop hunt before moving up. if we stabilize below 106 i will sell and book the loss..

so far so good - pullback of 3% already. green szenario intact.

Hi, Last Laughing Guys I brought some XRP at 9365 Satoshi and currently market sideway in the h4 chart, what you think to sell and exit or hold.

it just dumped to 91..

XRP was one of the very strong coins since october. newsflow is positive. eventhough iam not looking at fundamentals.
tbh i would sell and look for a re-entry. maybe not now becasue it just dumped. but betwen 92 and 93
i think green is best case. red possible too. 

https://www.tradingview.com/x/rFLUEahu/

local support at around 90:



so.... unfurtanetly GVT didnt recover.

SOLD 910 GVT at 10338 for a loss of 12,8% or 0,14 BTC!

i really screwed up there. those kind of trades must not happen. way to big loss for my trading style. just a very bad entry.

also got stopped out of ZIL at 528 for a loss of 3,2% or 0,017 btc.

ADA i sold all at 1215 for a gain of 2,6% ot 0,028 btc.



iam at -0,23 btc for the months now but 0,18 btc loss just coming from 2 out of 13 trades. thats why keeping losses small is so important. but i mean i already talked alot about the GVT trade

here my trades so far.


as it can be clearly seen- my current trading style is not working. basically retail breakout trading in a choppy market.
iam not worried though. it is important to recognize it. its time to cut down trade frequencies, trade less break outs more pullbacks, adjust size until positive trades coming in and trying to reset the mindset of trying to gain all back within few trades.

but yeah. the GVT trade was the biggest loss since starting here in October and also losing 0,23 btc is my biggest downswing so far of the last 10 weeks.

lets see how it goes - tomorrow work starts again so i wont have so much time. capital preservation is main goal now. unfortunately trading no matter what was the goal of the last days

you all have a nice week - bitfinex maintainance will be intersting tomorrow and ETH fork at the 16th of january will be exciting too. maybe i will try to play a short in ETH around 170 ...but more details latern then.





hi all

it looks like i managed to exit ZIL at the low. got stopped out at 528 lol.

Hi, Last Laughing Guys I brought some XRP at 9365 Satoshi and currently market sideway in the h4 chart, what you think to sell and exit or hold.

it just dumped to 91..

XRP was one of the very strong coins since october. newsflow is positive. eventhough iam not looking at fundamentals.
tbh i would sell and look for a re-entry. maybe not now becasue it just dumped. but betwen 92 and 93
i think green is best case. red possible too. 

https://www.tradingview.com/x/rFLUEahu/

local support at around 90
https://www.tradingview.com/x/wkPOGOv5/

xrp bounced nicely to 93



LINK possible long around 9000

strongest coin outthere. will watch it closely if it turns here.




Posting from phone: longed 10k link at 9080

[The Cryptologist]

You are one of a kind trader sir. I salute you but the time that you spent on monitoring on your trades is too much for me. I'm very certain that there are times that you forgot to sleep or eat in some instances especially that it's very hard to profit in a continuous bear period. I wish I can do the same thing.

[LastLaughingGuy]

Additional 5500 link long 9420 and 1200 waves long 7344 - posting from phone - details later

LINK possible long around 9000

strongest coin outthere. will watch it closely if it turns here.

https://www.tradingview.com/x/UcmM2F3d/

Posting from phone: longed 10k link at 9080

hi all,


biggest order got filled at 9056 ...average long: 15759 at 0,00009204

targets 9990 and 10390

Additional 5500 link long 9420 and 1200 waves long 7344 - posting from phone - details later

waves too much fomo entry. wanted to play the bounce from 7100-7200. entered 2% above plan. will wait and see what waves does now ...can move up too . target 7700-7900

You are one of a kind trader sir. I salute you but the time that you spent on monitoring on your trades is too much for me. I'm very certain that there are times that you forgot to sleep or eat in some instances especially that it's very hard to profit in a continuous bear period. I wish I can do the same thing.

hi cryptologist,

thank you for the kind words but thats a clear overstatement .

yes i have a passion for trading. i just love watching charts and how patterns resolve, the price action *sigh ... but got a family and a job too and yeah it all needs to fit in one day.
i definately have alot of room to improve though. i'm still having retail trader mentality when it comes to entering trades .

but at one thing i guess iam unique...i didnt see someone posting like 10 losing trades in a row. usually everywhere else u see like 95% winning posts and hindsight entries.

i hope all that here shows you that losing is part of the game. managing those loses is the only thing u need to master to be successful. the top 1% of traders have an insane winrate aswell. iam clearly not one of them.

hi all

it looks like i managed to exit ZIL at the low. got stopped out at 528 lol.

https://www.tradingview.com/x/XCH1TW7U/

sigh ...targets reached

LINK possible long around 9000

strongest coin outthere. will watch it closely if it turns here.

https://www.tradingview.com/x/UcmM2F3d/

Posting from phone: longed 10k link at 9080

hi all,


biggest order got filled at 9056 ...average long: 15759 at 0,00009204

targets 9990 and 10390
https://www.tradingview.com/x/F5FtWdEL/

Sold 7k at 9990 and 3k at 9910  - 5.6k left which i plan to hold with a stop loss currently at 9499 - already a very nice trade



QKC with 16 btc sell order at 950 which cant be broken since hours.
plan to long if it breaky with very tight stop loss.. target 4-6 %

LINK possible long around 9000

strongest coin outthere. will watch it closely if it turns here.

https://www.tradingview.com/x/UcmM2F3d/

Posting from phone: longed 10k link at 9080

hi all,


biggest order got filled at 9056 ...average long: 15759 at 0,00009204

targets 9990 and 10390
https://www.tradingview.com/x/F5FtWdEL/

Sold 7k at 9990 and 3k at 9910  - 5.6k left which i plan to hold with a stop loss currently at 9499 - already a very nice trade
https://www.tradingview.com/x/qhYogOZl/

sold the rest of long at 10261. had a sell limit at 10490 missed by 19 sats.

so overall SOLD 15759 LINK at 10073 for a gain of 9,3% or 0,135 btc 

very happy about the trade ...equalized more than half of my january losses



link orders:

Additional 5500 link long 9420 and 1200 waves long 7344 - posting from phone - details later

waves too much fomo entry. wanted to play the bounce from 7100-7200. entered 2% above plan. will wait and see what waves does now ...can move up too . target 7700-7900

Sold 1203 WAVES at 7192 for a loss of 2,2% or 0,019 btc.

bad entry ..too weak now. will target the 6300 range for a re entry.




100k QKC long 950 - 6 btc from the sell wall left. speculating that volume comes back once sell wall got bought .stop max. 2%.

QKC with 16 btc sell order at 950 which cant be broken since hours.
plan to long if it breaky with very tight stop loss.. target 4-6 %

[Stedsm]

I've watched all of your trades and when you wrote longs, I understood that they were what you bought and made profits. But when it comes to shorts, did you mean that you were doing them on leveraged exchanges like Bitmex? How did you manage to save yourself in such leveraged positions and get your positions closed for least losses?

Do you also look for the fundamentals of a coin you put your money into? Or do you just go technically and find opportunities in day trading alone? Anyways, nice profits and great portfolio, glad to see you were also in greens while everyone here was crying about the death of crypto.

[MURONDI]

how are your trading developments after a few months, What is your total profit now,? Are you not willing to give gifts to customers who faithfully visit your thread ...? 

[Stedsm]

how are your trading developments after a few months, What is your total profit now,?

Hey, you're so blind like with black glasses you didn't even check OP, everything there has been mentioned about their profits and losses. Now, I must say I am the "last laughing guy" here after watching your stupid comment.

Are you not willing to give gifts to customers who faithfully visit your thread ...?  

Claps! Applause! This thread is already doing a giveaway by "giving away" free tips showing what the OP is betting upon, and the way you used the word "faithfully" makes it look like you are "indirectly" begging.

[LastLaughingGuy]

100k QKC long 950 - 6 btc from the sell wall left. speculating that volume comes back once sell wall got bought .stop max. 2%.

QKC with 16 btc sell order at 950 which cant be broken since hours.
plan to long if it breaky with very tight stop loss.. target 4-6 %

https://www.tradingview.com/x/hAgl8GdS/

hey all,

had no time at all today due to work.

kept holding QKC so far becasue of the overall very friendly alt day. will watch QKC closely not to get out in time.

after break of the 950 we didnt go below. perfect entries i like.

I've watched all of your trades and when you wrote longs, I understood that they were what you bought and made profits. But when it comes to shorts, did you mean that you were doing them on leveraged exchanges like Bitmex? How did you manage to save yourself in such leveraged positions and get your positions closed for least losses?

Do you also look for the fundamentals of a coin you put your money into? Or do you just go technically and find opportunities in day trading alone? Anyways, nice profits and great portfolio, glad to see you were also in greens while everyone here was crying about the death of crypto.

Hi Stedsm,

I've watched all of your trades   => i got to thank for that makes me feel being controlled -pushing for trading better. exactly my egoistic reason why I'm doing that here


All my shorts are on bitmex. usually i wrote it aswell. maybe i forgot it sometimes. i always have a stop to protect myself and keep the shorts pretty close (if everything goes like planed)

a few times i also longed on bitmex mainly when i saw that ADA EOS BCH XRP is making a move on binance but bitmex didnt react so far.

but i only got like 10% of my trading money on bitmex.
a) i dont trust bitmex at all and dont feel safe
b) the risk of total loss due to market manipulation / high slippage/ typo (a zero too much in position size on cross marging can screw you)
c) i feel comfortable on binance

I also have to say that since i started on bitmex in sept i'm only break even on bitmex and make my profit on binance.

reason:
a) iam too impatient and usually get wicked out at tops before the major move happens instead of positioning my entries in the wick-areas
b) fees are also way higher when you market enter the trade)
c) iam a trader who loves to react on price action but on bitmex they freeze the system to rip ppl off

initial plan was to have some money on binance for shorting BTC in a big downmove like from 6k to 4k but i missed that trade completely. basically i wanted to short btc with leverage on bitmex to be still able to trade with my btc on binance


Since iam holding coins for maximum of few days i dont care at all about fundamentals. but on my way to work iam listeing to youtube videos everyday and also learn the latest developments about the latest coins. my trading is 100% technical though.
I love to scalp and not have to worry at all about fundamentals but maybe in the future if the markets come down to new lows i will buy some other coins for hodling more than a year (tax reason)

how are your trading developments after a few months, What is your total profit now,?

Hey, you're so blind like with black glasses you didn't even check OP, everything there has been mentioned about their profits and losses. Now, I must say I am the "last laughing guy" here after watching your stupid comment.

Are you not willing to give gifts to customers who faithfully visit your thread ...? 

Claps! Applause! This thread is already doing a giveaway by "giving away" free tips showing what the OP is betting upon, and the way you used the word "faithfully" makes it look like you are "indirectly" begging.

lol some people...have to thank you again 

100k QKC long 950 - 6 btc from the sell wall left. speculating that volume comes back once sell wall got bought .stop max. 2%.

QKC with 16 btc sell order at 950 which cant be broken since hours.
plan to long if it breaky with very tight stop loss.. target 4-6 %

https://www.tradingview.com/x/hAgl8GdS/

hey all,

had no time at all today due to work.

kept holding QKC so far becasue of the overall very friendly alt day. will watch QKC closely not to get out in time.

after break of the 950 we didnt go below. perfect entries i like.

https://www.tradingview.com/x/BlkI2UPf/

tried to go all out at 1000 but just couldnt sell. so ended up selling betwen 986 and 10000

SOLD 100k QKC at an average of 991 for a gain 4% or 0,04 btc

trades:

[Stedsm]

Hi Stedsm,

I've watched all of your trades  => i got to thank for that makes me feel being controlled -pushing for trading better. exactly my egoistic reason why I'm doing that here

Glad that our master is happy!
I love to see people making good profits in red days when negative minds just share their bullshit comments about "Bitcoin's death", "crypto's death", "Rekt" and everything that puts you off the desk and makes you feel like the world has ended.

All my shorts are on bitmex. usually i wrote it aswell. maybe i forgot it sometimes. i always have a stop to protect myself and keep the shorts pretty close (if everything goes like planed)

Post more trades like these whenever you make as I like leverage trading and do trade with less amounts there to see if I could make anything with these ugly market moves.

but i only got like 10% of my trading money on bitmex.
a) i dont trust bitmex at all and dont feel safe
b) the risk of total loss due to market manipulation / high slippage/ typo (a zero too much in position size on cross marging can screw you)
c) i feel comfortable on binance

a) Same here, they can actually freeze your account for no reason as they are the "Boss" there, we can't really do anything but to (either) wait or let everything go.
b) Mistakes are worst when we're in a hurry, so I can definitely understand. I remember same sort of instance that happened with me: I tried to buy 500 contracts but it didn't, then when I was putting the price again (as I wanted to buy them immediately) I accidentally put an extra 0 and it bought 10 times more contracts than what I was willing to buy. Immediately sold 4500 to cut down the position to my desired level.
c) Binance is good, but can we really compare both of them?

I also have to say that since i started on bitmex in sept i'm only break even on bitmex and make my profit on binance.

reason:
a) iam too impatient and usually get wicked out at tops before the major move happens instead of positioning my entries in the wick-areas
b) fees are also way higher when you market enter the trade)
c) iam a trader who loves to react on price action but on bitmex they freeze the system to rip ppl off

a) Impatience is what kills our %s that we may earn extra if we could have held more, but then, just leave it - thinking that you went out safe and what would have happened if it went against your strategy.
b) You can create new account every 6 months with a referral code at Bitmex as it saves you fee for at least that time frame.
c) Bitmex is shit, and going for price action over there isn't a healthy idea for your portfolio tbh.

Since iam holding coins for maximum of few days i dont care at all about fundamentals. but on my way to work iam listeing to youtube videos everyday and also learn the latest developments about the latest coins. my trading is 100% technical though.
I love to scalp and not have to worry at all about fundamentals but maybe in the future if the markets come down to new lows i will buy some other coins for hodling more than a year (tax reason)

Great, the most important part which I wanted to know was this - technical or fundamental. As you're scalping, it was obvious for me to have that answer as fundamentals work least when markets are in bearish channel, but as soon as everything starts going green, I believe news becomes a major part like partnerships, achievements, roadmap publishing, etc. in the growth of such projects. I wish you the best of luck in your trading and hope that success always keep coming your way.

[Victorycoin]

On last week I have seen a lots of posts here but now it is very low, why? Have you removed your posts for any reason. For removing/deleting posts we will miss lots of day trading diary. To check latter it is the 184 number posts.

[LastLaughingGuy]

Hey all,

sorry for not posting the last days. I'm not someone who just quits but unfortunately i got banned without any warning.


since sending messages is also not allowed i couldnt explain myself to the mod either.

at first i thought maybe a misunderstanding but then i saw the mod also deleting my posting.


i then thought maybe my posting were against forum rules but what the mod basically did was re-organizing my postings.
so yeah - basically i got banned for excessiv bumping and then got shown how the thread should look like.

i find that questionable communication skills but their house their rules. it was not in my intention to break forum rules. i honestly also cant care less about bumping my thread.

it's history now anyway but my bigger problem now is to figure out how i should do all that here.
First of all, if you scroll down and read through one longer posting the mod restructured i got to say its quite tough to not get confused. i actually never saw comparable postings in other threads, so i'm basically get told to post in a way not many else do i suppose.

at the end this was supposed to be a day trading thread and i wanted to emphasize on real time entries and exists, because i think not many do that. since i will need to edit posts it wouldn't update ofcourse and you guys cant see my decision in real time. sorry for that but i think there is not much i can do. another problem is also posting entries via phone in real time, because that would create a new post as well.

Anyway - maybe one of you got an idea what to do. maybe there is another place here somewhere where i dont get banned for my posting style of the last 3 months. I will also ask the mod.

Maybe i will create one posting a day and edit that. lets see how that would look like and how easy it is to understand. atm i dont really see that working out but lets try.

If however i will get banned again - hope not - then i guess I will need to close that here unfortunately.

with regards to trading the last days were great- i made around 0,3 btc mainly with LINK and TRON but ofcourse i will not count that in.

Lets try tomorrow and yeah ...its highly appreciated if there are any suggestions on how to do it here without getting banned but at the same time making it possible to easily understand what iam doing and in what order.

LLG

[Aivaryamal]

Excellent results, you need to take an example from such as you, I hope your further trade also brings only profit

[LastLaughingGuy]

Postings 15th of Jan 2019


hi all,

i will use this posting for today and edit it for putting new information into it.


first a delayed entry sorry for that but i want to start to put entries in again.

LONG 1874 STRAT at 2484


did reach the 23.6% fib range which confluences with a demand zone. yesterday popping off of it.

its at resistance. if we manage to break trough i think 2900 is likely.




-----------------------------------------

edit 1: time: 4:04 pm

long 100k QKC 1103

sick move to 1460 ...speculating that 23.5 fib level offers an area to turn





edit 2: adding 40k QKC at 1113



edit 5: SOLD 140k QKC  for an average of 1115 for a gain of 0,67% or 0,01 btc - had a huge loss there due to the bad eth news.


-----------------------------

edit 3 Long 145k TNT 498

edit 4 Sold  145k TNT 520 and 528 for a gain of 5,1% or 0,034 btc

Trades:





------------------
EDIT 4 42k VIBE long 1222
EDIT 6 - 1200-1220 seems to hold for now ..good chance that we turn up here


EDIT 7: SPOLD half VIBE at 1289





ok guys I'm basically giving up posting here in real time.

i tried it today and it sucks with the edits without any timestamp.
now all the pictures got erased too since bandwith was exceeded ( sorry for working on a 47 inch monitor )


so what i did is setting up my twitter account. just made my first tweet and will just post entries and exits in real time there.
Follower so far one ...no clue why the guy followed me.

here then i will conclude my trades at the end of the day.

[Aivaryamal]

I wish you only good luck in trading, sometimes many want to copy the actions of a successful trader, few can provide such an opportunity

[LastLaughingGuy]

hey all

SOLD 1874 STRAT at 3101 for a gain of 24,7% or 0,115 btc

orders:



SOLD  42321 VIBE at 1257 for a gain of 2,7% or 0,014 btc

orders:



STRAT trades obviously very nice. taking profits here to lock in the gains.
The last 2 trades brought us to ATH after starting in OCT, 21st just cracking 1 btc profit.



I'm Currently flat and will look for new opportunities.


Join me on to see real time entries and exits

I wish you only good luck in trading, sometimes many want to copy the actions of a successful trader, few can provide such an opportunity

Thank you very much


edit: since the charts are vissible again here the stratis for the beauty of it.

Daily update

Hi all,

Traded AE for a loss of 4.66% or -0,325 btc

orders:




Join me on to see real time entries, exits & charts



Im currently long 100k GO (Entry 626, currently 641) and 600 GVT (entry 9961 currently 101,74)

Daily update

hi all,

did not have time to trade today.

unfortunately GO got stopped out at the low. i was 7% up there and did close for -5%, it looked like breaking the resistance arounf 650 but then got sold heavily. Must not happen but didnt want to adjust the hard stop to break even.

SOLD 100k GO at 595 for a loss of 5% or 0,031 btc






need to be abit carefull. the last two weeks were great (as told during my ban i was able to do some nice trades) and my entries /exits seem to be abit spewy. the GO -setup was nor perfect at since i mist the initial break.


GVT iam still holding - currently up 2% ..not much.

other than that i'm currently flat.

See you tomorrow

Daily update

hi all

no new trade - holding GVT still


People are sometimes asking where i think where btc goes.

basically this is a good visualization which compares the last bear market after 2014 with the recent one.

i also think we dont have a bottom yet and a panic drop is still ahead. a dip below 2k i would take with eyes closed.






after the last BTC move theses are my entry areas - orders are placed on bitmex




EDIT
long 500 NEO 2179 - Stop loss 2139

[Victorycoin]

Hey all,

sorry for not posting the last days. I'm not someone who just quits but unfortunately i got banned without any warning.


since sending messages is also not allowed i couldnt explain myself to the mod either.

at first i thought maybe a misunderstanding but then i saw the mod also deleting my posting.

I think you were banned for creating multiple posts on a single row. Please do not create multiple posts on same row. If you have more than one posts before replying someone just edit  previous post. I think if you follow this you will be able to avoid for further ban.

[LastLaughingGuy]

I think you were banned for creating multiple posts on a single row. Please do not create multiple posts on same row. If you have more than one posts before replying someone just edit  previous post. I think if you follow this you will be able to avoid for further ban.

Hi!
 
nice to see you again.

you are correct. i also messaged the mod and asked if it will be ok to make at least once a week a new posting since the interaction here is low. then i will just start concluding the previous week and just edit the daily updates below. Lets see. (btw posts didn't get deleted - just merged bcs. that was one of your concerns.)


i guess i will start right here because i should be able to do that after your post .

                                                                                                                                             

Weekly update - CW03

1) overview perfomance since start of the diary (had some free time during the ban ) ...

weekly chart - performance from cw 42'18 -cw 03'19 (Okt'18-now)



2) concluding cw 03.



iam currently in a link long where i bought 10k at an average of 13474 (real time entries on twitter)
it broke the wedge nicely - looking for 150 as a potential target.




edit: 26th of january:

link went nicely to 159. but when it broke out last weekend i didnt like the deep pullbacks. so i did put my stop loss up to early and sold some at 137 which made me miss the nice move.

SOLD 10k link at and average of 13449 for a 0,34% loss or -0,005 btc.
orders:



EDIT:

did trade DLT (entries posted realtime on twitter) for a gain of 7,5% or 0,04 btc.


chart for explanation / entry /exit:

[himanshu93]

where are you man, missing your posts here.

[LastLaughingGuy]

where are you man, missing your posts here.

Hello himanshu,

sorry - just checked crypto first time this week. my kids did hand over their kindergarden /school viruses and  took me out.
did update the link trade in the posting below.
Getting on it again

LLG

[himanshu93]

where are you man, missing your posts here.

Hello himanshu,

sorry - just checked crypto first time this week. my kids did hand over their kindergarden /school viruses and  took me out.
did update the link trade in the posting below.
Getting on it again

LLG

Sorry to hear that man, take care and when you come back, do share some explosive trades

[LastLaughingGuy]

Sorry to hear that man, take care and when you come back, do share some explosive trades

Thank you but its all good again! please follow on twitter for postings in real time. posting on twitter and here while trading is getting too much. so i will basically conclude here more often afterwards, but still post charts/orders ...to explain the idea behind the trade.

Weekly conclusion - CW04

i keep it short ...just did 2 trades.




overall progress.. till CW4'19

updates - CW05

was at work today so i couldnt trade. market is very weak now. dont want to enter too early into some coins for a rebound. watchlist especially BNB and link

HI all,

didnt trade much during the week - mainly no time during the day and btc too weak for swing trades. did a xrp scalp trade yesterday which failed and resulted in a 0.01 btc loss.


since january is over ...here are all the trades done - resulting in being up 0,045 btc. Definately a weak month but iam still happy. first 10 days i was down around 0,2 btc , then recovering , then a week sick ..and the last week with not so many chnaces. looking forward to february.

[LastLaughingGuy]

Weekly overview - CW07

edit 14th of Feb.

strat trade worked nicely -resulting in a 0.05btc gain.





edit 13th of Feb.:

currently in a STRAT long: entries 2307 + 2356



edit 12th of Feb.:
was able to do a nice EOS trade today which did net a 0,065 btc. profit. basically buying the break out (see chart).








results CW6

did not trade during the week due to a business trip. so i once again keep it short. my current winrate is low too so not trading much is not so bad.
orders:


weekly chart:


results CW5:
didnt trade much since there were just not many good setups. the trade i did choose failed. i put the charts in here.
less than 2% down on the account overall this week, so its not the end of the world. Overall its a waiting game at the moment. i need to be patient - no overtrading just for the sake of trading.




weekly chart since the beginning of the challenge:





STRAT TRADE: Entry 2310 2290 2270 2260 -exit average 2246



WAVES:

[LastLaughingGuy]

Weekly overview - CW08

results CW7

the week was good and ended up 0,13 btc in profit. Best trades were EOS and Stratis (both shown in the last post)

orders:


weekly chart:
[


still currently in a BTC short at 3656



and in a ZIL long at 477

[LastLaughingGuy]

Weekly overview - CW09

wrap up of the month February:

finished the month with 0.115 btc in profit. Not very successful. i did find it very hard to trade. also got unlucky on exits and missed entries -basically NOTHING working out atm. BUT - capital preserved which is the most important thing.

trades:







results CW8

the week ended up with -0,045 btc . I had plenty of losing trades but always small losers. Managing risk with very tright stop losses. Didn't want to be stuck in ALT trades with a potentially incoming huge drop (which basically we saw today)

orders:



weekly chart:


Best trade of the week was today with an ONT long - unfurtantely i sold way to early - i could have turned the week into green with that trade.


still currently in a BTC long at 3750


also in a WAVES long at 7000


and entered LINK 10755


[/quote]

[LastLaughingGuy]

Weekly overview - CW10

Wrap up CW9

Finished the week with a profit of 0,133 btc.. Market is still tough to trade for me.
People left and right posting nice charts with highly profitable trades but I'm not one of them. I stick to my risk management which means i risk small on long positions (i try to risk 0,5%) and go out quickly - as you can see from my trades, my successrate is less than 50% . We are still in a bear market and i prefer to miss out on gains on the long side than holding bags if we go another step down.

So don't forget if you see all those big gains in discord / telegramm /twitter ...most of the people either:

a) dont tell the truth or at least not posting their losing trades (typical hindsight traders who post exits in real time but entries with 1h delay when their "stop loss is already in profit")
b)  have a risk management which will make them lose alot of their profits if market crashes hard again (but don't worry people don't tell that often)
c) are the one out of 1.000 - 10.000 market wizards - those people exist but i highly doubt they post alot in chats or twitter

So don't let the success of others influence your trading. BEAR MARKET especially means risk management is the most important thing. Capital preservation is goal number one - gains will follow automatically .


trades cw09


overwiev progress:


currently i'm in a XLM long. it got a huge implus today with regards to volume. i plan to swing it and risk more than usual on it.




thats my current idea of the BTC-movement - here corrolated to the bintfinex shorts ammount.

[LastLaughingGuy]

Weekly overview - CW11

Wrap up CW10

Finished the week with a profit of 0,105 btc.. I managed to not be in big movers - this week had alot of potential so it feels abit meeeehh...but at the end  profit is profit. i plan to be here when BTC hits 100k which would make that a 10k week ;-).


trades cw10



overview progress:


winning trade of the week:
nice break out trade of steem


losing trade of the week:
definately XLM. Planned to swing trade it with target 2900-3000 but sold with a loss after major dump. now it broke out and looks very very good - feels bad!

[Moiyah]

I've been trying to be a swing trader, too. Do you have any telegram so that we can reach you easily? I would like to get in touch with you. I mean, I like your trading styles. Also, what indicators are you using? You've gained good profits as a swing trader.

[LastLaughingGuy]

I've been trying to be a swing trader, too. Do you have any telegram so that we can reach you easily? I would like to get in touch with you. I mean, I like your trading styles. Also, what indicators are you using? You've gained good profits as a swing trader.

Hi Moiyah - thank you.
iam not only swing trading though .in the evenings i like to scalp too. with regards to trading - the charts here iam posting are the one s iam looking it. so its price action, volume, sometimes moving averages, sometimes RSI - not more. iam saying that too on my post #1.

I'm posting all my trades on twitter more or less in realtime. and also some explanation  -like yesterday my super bad FET -trade.

chatrooms are a different story. i join sometimes different channels on discord and telegram to check out how are the people posting. way too often its like 500 ppl in the chat ...few are posting and 90% of that is some hindsight crap showing how great they are trading or the chat-whales coming 5 min after BTC dropped telling everyone they are short . thats usually the moment when I'm leaving such groups. tough to find ppl who post in realtime because they all seem to be afraid admittiting losing trades.

e.g. my winrate since october is less than 50% ...but riskmanagement makes me profitable. so thats also important to realize if someone is considering to copy trade - it simply wont work bcs entries might be same but riskmanagement makes the difference.

currently iam most active on that  telegram channel : https://t.me/joinchat/JbJ6khKj6ld18ulu50HzKg
- it is not my channel and i joined like 2 weeks ago ...so not at all a shilling of that group. i dont know 99% of the ppl there.  but it is not some crappy pnd - BS group. i was never in such thing.

cyaa LLG

[LastLaughingGuy]

Weekly overview - CW12

Wrap up CW11

Finished the week with a loss of 0,034 btc..
It went very good the first half of the week where i was up like 0,15 btc but then i had one desaster trade I'm also showing below and on friday i was bullish on btc and longed alts - which all got stopped out (and btc moving above 4k.... )

trades cw11




overview progress:


winning trade of the week:
long in ONG - saw the upspikes which indicated interest and longed a pullback. just few minutes afterwards the coin pumped. in retrospec i sold way too early. but i was happy about the trade.





losing trade of the week:
definately FET. the setup was perfect and i was super confident. i did long with good size and also sold on my first target. but i altered my plan within the trade. initially i wanted to sell 60% at target 1 and put the stop loss at break even around 6300 for the position i wanted to hold till target 2. but i just sold half and on top of that i put in another order at 6300 to buy back the position i already sold. on top of that i was at work and couldn't monitor the trade. ofcourse it dumped below 6k and i did even add more with a setop at daily low. so badly traded... at one point i was up 0.1 btc in the trade and i ended up losing 0.08 btc with it - just so bad!!

setup when i longed:



how the trade turned out:


DISGUSTING

[LastLaughingGuy]

Weekly overview - CW13

Wrap up CW12

Finished the week with a loss of 0,016 btc..

Trading atm frustrating for me. missed out entries by few sats and targets not hit by 1-2% where i give away many of my gains. Work this week was also demanding so i ended up not having much time or going to bed early. as a result i wasn't at all prepared when bitcoin dropped 3% and some alts did fall into nice buy zones (e.g. ICX). SO i ended up staring at all the charts having no clue where to enter. there was no setup in place with a good risk/reward so i missed out completely on that dip. In my opinion the market is not at all so strong that you can buy blindly the dip - so as said i couldnt capitalize on that opportunity.

overall i'm currently having still a bearish bias which makes me very careful (tight stops). BTC upmove is on very low volume and fragile - i'm expecting a dump soon.  

But yeah - i got to admit it hurts too to see all the nice moves in many altcoins and not beeing able to participate. currently feels like i'm extreamly underperforming.

trades cw12



overview progress:


winning trade of the week:
nothing exciting

losing trade of the week:
nothing exciting

[LastLaughingGuy]

Weekly overview - CW14

Wrap up CW13 and the month March

Finished the week with a gain of 0,106 btc..

Overall i got say say I'm not happy with my trading. to many gambles on not so good setups. i know that overtrading is an issue of mine and if iam honest to myself I'm still doing it. I cought a nice trade with BAT (see below) which made the week and the month green. but the current market offers much more potential. Iam though - still not bullish and super carefull. longing the dip in a bear market just right below major resistance is not good in my book. the last times ALTs dipped, they saw a good recoveries but I'm not too sad missing out on that. Playing it safe and preserving the capital. I still think we will see new lows and if not - i dont mind missing out a few weeks of green.

goals for April:
-sleeping more: with a full time job every night waiting for the daily close (1 a.m.here ) is not good. i get around 5.5 h of sleep but i need at least 1h more. got terrible headaches in the evenings during weekdas just bcs of lack of sleep.
-less trades /better setups => will start to record my trades in a more detailed way.
-giving abit more room to the better trades - entering abit earlier (missed out on some nice entries -details on twitter) and abit wider stops - but still ...careful since we re in a bear market!!

i got some more points but i think thats enough for one month.

CYA around!



trades cw13


overview progress:



March i finished with a profit of  0,20 btc..
trades March:


overall graph sind start here last October


winning trade of the week:
definately BAT - was able there to catch a breakout and basically booked the winnings for the months. without that trade i would have been breakeven.



losing trade of the week:
nothing exciting really. biggest loser was 0,02 - as it should be. only problem is that i got too many losing trades.

[LastLaughingGuy]

Weekly overview - CW15

Wrap up CW14

Finished the week with a gain of 0,043 btc..

Hey all - rollercoaster week. Tuesday with the 1000$ move was my best trading day where i could book 0,15BTC just by scalping. unfortunately i gave away 2/3rds the days after just overtrading. The Theta trade which is also shown below basically finally led to the decision to use a 3rd party program from now on to manage trade better. so iam on a trial of 3commas at the moment and first impression is that it is awesome. posting Stop losses and profit targets at the same time is just a part of the nice tool box. trailing stops and timed stop lossed (stop activates only if prioce is below trigger for a defined time) are super handy and i'm testing it at the moment. let's see how it goes.


trades cw14


overview progress:




winning trade of the week:
Theta was a nice setup with its support at 2200 whee i longed. it played the complete range up to 2600 which was first majow resistance. but i missed an exit completely and ended up getting stopped out at 2360 - ALOT of lost book winnings - must not happen!


losing trade of the week:
god damn Nano again - mediocre entry - forgot the stop and rejected a sell - so i threw away my nervs at the low (BTC dumped there and triggered my stop loss)

[LastLaughingGuy]

Weekly overview - CW16

Wrap up CW15

Finished the week with a gain of 0,045 btc..

Hey all - tough market! i have alot of losing trades in the alts. constant pressure, no real recovery in the first 5 days of the week. but as usual with riskmanagement - if you keep your losers small then the rest takes often care of itself.
Iam still short 1.4 BTC since 5367 and tbh i think we just printed major high and will go down from here in the next weeks.

trades cw15



overview progress:



winning trade of the week:

definately ENJIN - bought in there at 2690 and did add on at 2900 - sold all at an average of 3435.very nice trade since it was all pre planned. for the second half of my position i got a trailing stop loss which got triggered quite fast - so unnecessary 0,02 btc lost. on the other hand if the coin goes crazy you got a chance for the 2nd target.



losing trade of the week:

THETA loss was annoying -got stopped out there close to the low. - i had the profit target set at 2550 -so it would have been hit too.

[Victorycoin]

You have not yet posted current week review. According to previous record, I think you will post current week review today, waiting eagerly to see your current week review.

[himanshu93]

You have not yet posted current week review. According to previous record, I think you will post current week review today, waiting eagerly to see your current week review.

Im waiting too.

[LastLaughingGuy]

Weekly overview - CW17

edit:

update on my tether position posted below.

got stopped out at 5403 - overall loss 0,2 BTC. it is alot for me or better for my trading style. i think the biggest loss since start of the diary. i dont know why i took that unnecessary risk before going into holidays. i would say my risk management is the reason why iam still proftable with so many losing trades but what i did here was one major fuck up . happens- nobody is perfect and it is crucial now not trying to win it all back. my biggest account draw downs in the past started almost always with a major loss  and then even bigger and worst trades where i tried to get even fast. but hurts nevertheless.




Wrap up CW16



Hey all - sorry for being one day late but i took the last 5 days off of crypto and did spend the eastern holidays with the family. a nice litte reset which tbh was also needed. on red trade followed by another. always small losses but wrong mindset over all. too impatient - too tired.

Finished the week with a loss of 0,023 btc..
trades cw16



so only red trades - except the bitcoin short. but even i made 0.048 btc on it i gave away half of the gains.

overview progress:



but thats not the whole story. before going into holidays i went into tether with a big position (2.2btc). absolute terrible decision bcs it was at 5010 and we're currently at 5300 in a very strong looking consolidation. my bias is bearish - i think we will see a 25-30% down move on btc  but its so strong that we can easily go to 5700 -5800 and find a top over there. these extra 10% would mean additional 0,2 btc loss. (currently iam like 0.13btc under water). when you see my trades over the last months i rarely have losses exceeding 0,04-0,05btc so i rly fked up here i got to admit .
strategy is now to cover before the squeeze and maybe re-entering tether (or bitmex short) when we see rejection. but likely i miss the push up IF it comes.




winning trade of the week:
nothing to show here - $ENJ moved very nicely  into the 2nd target zone which marked also the high.


losing trade of the week:
trades is not finished yet - but here is my tether entry:

[LastLaughingGuy]

You have not yet posted current week review. According to previous record, I think you will post current week review today, waiting eagerly to see your current week review.

Im waiting too.

Hey i really want to genuinely thank you both for following that here

[LastLaughingGuy]

Weekly overview - CW18

edit_ Monthly wrap up:
finished the month with a loss of 0,086 BTC

i think first losing months since the start here. you can see  in the history that i got a lot of negative trades. but  just the last two btc shorts did cost me around 0.25 BTC. which turned my month into the red. meaning trading the other coins is still profitable, even with the high loss rate => Riskmanagement >> everything else...




Wrap up CW17



Hey all - second biggest losing week since start of the diary. Finished the week with a loss of 0,16 btc..
and it seems like the first losing months is incoming. the tether loss did hurt with 0,2btc. was able to make 0.1 btc with few nice trades right after the close of the short. but the last days my success rate was literaly 0%. i took small position and tight stops but it did still add up to 0.06 btc. charts and setups looked nice but they just didnt play out - one after another. that made me adjust my current rules for the next weeks until iam booking profits again.

a) not trading coins below 400-500 btc daily volume - maybe in very nice setups but then just with 1/4th size.
 the low volume coins are extra weak these days and are just faking out - useless.  

b) trading fking less.... was my goal before!!.

iam currently short worth 6k $ on bitmex (5100 - Sept future) - so not much in profit and also put 1 btc into TUSD - iam bearish - the last days priceaction is just so weak. iam excited to see the cme futures open this night and how the monday will. iam expecting 4600-4700. if that trade fails again i may book another significant loss. i will not let it run 7% against me though - like last week.





trades cw17


just losing trades at the end...shows my current  struggle.

overview progress:





winning trade of the week:
not feeling like posting a winning trade...sorry

losing trade of the week:

my tether trade - see the trade prior post.

[LastLaughingGuy]

Weekly overview - CW19

Wrap up CW18

Hey all - finished the week with a loss of 0,052 btc..
I'm ok with it. Basically its the loss of the shorts of last weekend which i mentioned already in my monthly wrap up. that is already digested. I'm currently stricktly not trading coins with a daily volume below 400-500 btc. that helps already with regards to not taking so many setups because the 15 coins which are left over dont offer so many possible setups. since the alts are still not moving much i will also focus more on very quick profit taking (2-4% trades). whenever i am aiming for more it does not work out currently.  

overall iam fine with the week eventhough i went down.

trades cw18




overview progress:




winning trade of the week:
losing trade of the week:

skipping those again - nothing fancy happening atm.

[LastLaughingGuy]

Weekly overview - CW20

Wrap up CW19

Hey all - finished the week with a gain of 0,131 btc..

sounds not bad but just yesterday night i had my worst night in trading so far with a loss of around 0.15 BTC. reason was the highly volatile market because of the parabolic BTC move. so at one point i decided to take out my stop losses because i thought when BTC comes down alts will once again spike up (so i was basically tethered during the upmove because i didnt lose much in $$$. But then ofcourse btc corrected sharply but alts dumped too which double%$&§ed me. so yeah once going to bed i ofcourse but the stop losses to see all executed in the morning. just lack of discipline got insta punished. I ALWAYS have stops - so i thought. Must not happen again. If i wouldn't have had that brainless idea i could be up almost 0.3 BTC for the week which is currently 2k $$$ ...



trades cw18






overview progress:



winning trade of the week:

the tether short from 7370 to 6800 which did net a win of 0,11 btc.



losing trade of the week:


no specific charts - but here the log of 3commas which showed my biggestr loss in one night so far  -  => 3commas is a 3rd party program i'm using and iam really happy with it (ref llink -  https://3commas.io/?c=3c-LLG )



 

[LastLaughingGuy]

Join me on to see real time entries and exits

Weekly overview - CW21

Wrap up CW20

Hey all - finished the week with a gain of 0,119 btc..

Was break even till friday but then had a very nice day. weekend was not happening much -did lose some of the gains on saturday/sunday but just had a few trades- basically all happened on friday. trading volume  the highest since start of the challenge. crawling up to the highs. 
BTC still complete madness. if we somehow go above 8.5k i guess next stop is 10k. super annyoing for me since iam still not into my long term position. already realizing that i have to pay likely 5XXX -6XXX per BTC.



trades cw20





overview progress:



winning trade of the week:

that BAT trade  did net a gain of almost 0.05 BTC where i longed the break (around 50 and had the discipline to sell near the incoming 100 MA around 5350 of the 4h chart where it infact rejected later. it is now trading at 48.




losing trade of the week:


löosing more than 0.07 $BTC in MATIC. too big of a position -5% drop in my face and then a missclick where i bought half more instead of selling half. disgusting trade!
they faked a nice break out and sold into it. worked perfectly - for them.

[LastLaughingGuy]

Weekly overview - CW22

Wrap up CW21

Hey all - finished the week with a loss of 0,02 btc..

The week started great and i think on tuesday i was already up 0,08 BTC. but the following days just offered mediocre setups but i traded them nevertheless. On top of that i took also trades i usually dont want to take or with really small size. Those trades are especially break out trade which just dont work if the overall market is stalling. so in the 2nd half of the week i collected one loss after another which also led me to slow down since friday. would be nice to reflect faster on the trades and shut down immidiatly but yeah ..working on it.



trades cw21


overview progress:



winning trade of the week:

actuallytrade of the week was infact  breakout tradein LinkBTC which did net a gain of around 0.05 BTC. ofcourse just a fraction of what would have been possible. link went uip to almost 19000. but i was happy with the execution.



losing trade of the week:

that was WTCBTC - super stupid trade where i bought in because of buy pressure with a stop of 20 sats but then i changed my trading plan and wanted to swing ....detailed thoughts on the chart... so bad!!!

[LastLaughingGuy]

Weekly overview - CW23

Wrap up CW22

Hey all - finished the week with a gain of 0,154 btc. and the month May with a gain of 0,4 btc.

Iam happy with the results, because last months were not easy for me. as it can be seen from the monthly overview my number of trades increased alot - trading less doesnt really work for me but i'm ok with it since more often than not those were solid setups. however i still have a lot of shitty trades which are simply unnecessary and hurt my winrate alot - need to improve there! Basically all trades in May with a loss bigger than 0,035 BTC are bad trades or trades with a very poor trade management -and there are too many of it.

trades cw22


overview progress:



trades May:



monthly chart since start here last October:




winning trade of the week:

trading Link-BTC was great this week. all coming from the double top formation which defined my entry zones. my cash cow this week.






losing trade of the week:
no specific trade- most of my losses came from a BTC pump which resulted in dump in alts where i was AFK. got stopped out with slippages of 2-3% because i had stop losses with a timer. bad luck, i dont mind it so much.

[travwill]

How many hours a day are you currently trading? What is your daily routine like? I would also like to know about your risk management system.

[Kiefner]

You really did well. All around repeat that you need to get good knowledge about trading and use a variety of services to monitor the coins and determine the right time to enter. You've provided good evidence that none of this matters. The main thing to be patient and not to rush and succeed. I wish you to increase your capital even more.

[LastLaughingGuy]

How many hours a day are you currently trading? What is your daily routine like? I would also like to know about your risk management system.

Hi,

how many hours...i would say on average around 4. but that paints the wrong picture. at the end trading is a passion for me. i'm working full time ..thats 40h ..spending around 15h on top of that in the car on the highway for that. depending on work load and family life i have more and sometimes less time. Also if work is demanding I'm way more tired. usually iam on like from 9 pm to 1 am. When the market is fun I'm not sleeping haha...I'm also using the way to work to listen to youtube thats like 2h for beeing uptodate.

When iam trading iam looking at the daily and 4H charts of the top 30 coins in volume on binance. 80% of them stay the same so you get a feeling for the coins prices. then i'm using a screen with 32 charts where i see the hourly charts and the 7 /25 /100 and 400 MA. i even have the 1600 MA on it. the 400 and 1600 MA make it possible for me to see where the prices are relative to the MA's on the higher timeframes.
e.g. on the 1h chart the 400 MA is the 100 on the 4h chart and the 100 MA on the 1h chart becomes the 25 MA on the 4h. that helps me to see where prices are (consolidating , correcting, breaking out, having a pullback to the breakout level, etc..)
Here is the screen - i also color code the charts

yellow: active buy order
green: bought - good
red: bought: close to stop / dangerous
violet: high volume coin on the 15 min chart (coins which get played in the market and have 4k BTC+ daily volume)



then iam looking for setups and iam busy with charting / managing trades / posting all on twitter in realtime.
I dont use any telegram channels because the ones i joined are 95% full of hindsight trader who  post one win after another and make you feel you need to take trades. i have no time to filter the good content from the bs - so i dont read much of other traders.

and risk management is a chapter of its own....
I do vary my riskmanagement.
the less discipline and self control you have the more strict the rules need to be. depending on my state of mind and most recent trades i may switch from  very strict to very loose.

per default i risk arounf 0.35-0.5 % per trade. If the market goes good and i got some positions in the green I'm immidiatly ready to risk more - but never more than 2% on a default setup. When something goes wrong and i tilt then at 5% account loss i cut no matter what and take a day off - that happens rarely to be honest ...nowadays .

since my winrate is less than 50% the risk management is the most important aspect of my trading. when i lose more than 7-8
% of my account due to misstrades with all "valid setups" i go into survival mode, meaning cutting down size,  adding on more positions only when the active one are in the profit, having strict stop losses and risking max. 0.33% of the account on a trade.  when iam producing green trades i risk more again.

way too many words sorry...but its hard to explain all that in few words, because its all more complex than you see in your standard youtube vid...

You really did well. All around repeat that you need to get good knowledge about trading and use a variety of services to monitor the coins and determine the right time to enter. You've provided good evidence that none of this matters. The main thing to be patient and not to rush and succeed. I wish you to increase your capital even more.

Thank you - thats very kind:)

[LastLaughingGuy]

Weekly overview - CW24

Wrap up CW23

Hey all - finished the week with a loss of 0,026 btc.

really a low volume week for me. till friday i basically had no time at all. it resulted in 7 losing trades adding up to 0,06 BTC loss till saturday. Yesterday i was able to trade during the day and compensated some of the losses. Overall not a week of impact for my trading diary.


trades cw23


overview progress:






winning trade of the week:
losing trade of the week:
no charts here this week - there was nothing special due to the lack of trades.

[ricardobs]

Well good to see that you're making it through trading. A lot of people are finding it difficult to achieve anything by trading cryptocurrency. This is a difficult thing to do and you will have a lot of work to do and also try to follow trends as well. And anyone who is trading without using the stop loss is definitely waiting to lose everything they have. Stop loss is just a savior but you will have to know how to make use of it as well. Cause there are times you can set stop loss and not be there to put back the trade in the right direction. So knowing all these are very important. Good luck.

[LastLaughingGuy]

Well good to see that you're making it through trading. A lot of people are finding it difficult to achieve anything by trading cryptocurrency. This is a difficult thing to do and you will have a lot of work to do and also try to follow trends as well. And anyone who is trading without using the stop loss is definitely waiting to lose everything they have. Stop loss is just a savior but you will have to know how to make use of it as well. Cause there are times you can set stop loss and not be there to put back the trade in the right direction. So knowing all these are very important. Good luck.

Thank you !! and i find the current market tought to be honest. but staying in the game means also that you will be here when there is money printing time. that is all what matters!

Is it true that OOOBTC's first IEO will be MPCX?

  mooon 

[LastLaughingGuy]

Weekly overview - CW25

Wrap up CW24

Hey all - finished the week with a loss of 0,127 btc.

not much to say. didnt trade much during the week but had on thursday 3 swing position with relatively wide stops (ADA, NANO and ATOM). Nano was already  nicely in profit (chart down below). But then the binance news did hit the market that they will exclude us costumers from trading which resulted in all 3 stops triggering leading to a 0,09 BTC loss. nothing i was able to do against since i was at work while the news came out. Didnt trade the following 48h since i expected the high pressure in the alt market and wanted to let things settle. however i expect that we will see sell pressure for many weeks especially in the coins which have binance as their more or less only exchange.


trades cw24



overview progress:





winning trade of the week:
none..

losing trade of the week:
Nano - i didnt have such a big loss ..but lost gains i had in the trade. NANO just had such a nice break out with the prices first time above the 4h 100MA and actually retesting it. i took that as my entry setup and i was up 5-6 % rather quick. but price development afterwards shows how important a Stop loss is.

[LastLaughingGuy]

Weekly overview - CW26

Wrap up CW25

Hey all - finished the week with a gain of 0,147 btc..

During the week i had no time to trade. After the binance news that in 3 months US customers wont be allowed to trade on binance it was clear that the alts with binance as their major exchange will drop a lot (e.g. Nano). so i made i my rule just to scalp or play the majors which shouldnt be affected. on top of that bitcoin is super strong and puts additional pressure on the alts. however-eventhough i didn't have much time i decided to swing trade during the week Neo, WTC, Link, Atom ...all losing trades and i actually wanted to scalp only. Deserved losses - but also small losses since i at least had tight stops.
Yesterday i had the whole day to trade and was able to turn the week arounf from -0,06 BTC to +0,15 BTC. super happy about it.

trades cw25



overview progress:



winning trade of the week:
losing trade of the week:

leaving those this week. basically cought nice alt bounces yesterday - not like really amazing setups. neither did i make a very bad trade - all standard.

[LastLaughingGuy]

Weekly overview - CW27

Wrap up CW26

Hey all - finished the week with a gain of 0,467 btc..

Awesome week!! After a long period of more or less sideways I feel like trading very well. Best trade was the BTC short from 13800 (details in the links below) but also afterwards i was just trading BTC and didnt have a single losing trade.

overview trades:


overview progress:




The month June finished with a gain of 0,443 BTC and looks awesome too after such a week obviously.
trades:


overall progress




winning trade of the week:
basically the short from 13800 in BTC was pre-planned and i was willing to risk money on the trade - posted everything on twitter in real time.
in hindsight the entry at 12700 with my first position premature but i shorted last time with a big position at 5k on eastern and lost a big pot. so i waited all the way to try another time and felt like targeting the 61.8 FIB level of the drop from 20k to 3.2k was a very good short play - so i didn't want to miss it out after weeks of waiting. at the and the 13800 gave a very nice entry and i comfortably doubled my position there.
entry
https://twitter.com/guy_laughing/status/1143781457887997952
exit
https://twitter.com/guy_laughing/status/1144005217769463809


losing trade of the week:
no interesting losing trade

[LastLaughingGuy]

Weekly overview - CW28

Wrap up CW27

Hey all - finished the week with a gain of 0,169 btc..

The week was good. After i had two bad trades in the beginning (marked in red) which resulted in a loss of 0,055 BTC i slowed down and did reset my mindset. i was more or less in the state to try to make another great week and did choose mediocre setups with too much size. on top of that i re-entered immidiatly after getting stopped out. But i realized that and gave myself a little timeout. The rest of the week went more or less perfect. mostly playing Bitcoin since Alts are just very tough to trade right now.  

overview trades:



overview progress:





winning trade of the week:

https://twitter.com/guy_laughing/status/1147134751045763072

losing trade of the week:

https://twitter.com/guy_laughing/status/1145723130197041153

[LastLaughingGuy]

Join me on to see real time entries and exits

Weekly overview - CW29

Wrap up CW28

Hey all - finished the week with a gain of 0,114 btc..

Currently not trading many alts and focussing on BTC. iam happy with how the week went since my time was also very limited. cought a nice short today which brought the week above 0.1 BTC.

overview trades:


overview progress:





winning trade of the week:
https://twitter.com/guy_laughing/status/1149983693454417920


losing trade of the week:

https://twitter.com/guy_laughing/status/1149013530462556167

[LastLaughingGuy]

Weekly overview - CW30

Wrap up CW29

Hey all - although i only had time until Thursday, i was able to finish the week with a gain of 0,239 btc..

Gains came mainly from BTC trades but i was also lucky catching a NANO long on the day where Nano had a 40% spike up. But one day later i also took my biggest loss of the week with Nano where it dropped hugely during the massiv BTC pump. I had a stop loss timer again which means it got triggered only if the prices are below trigger price for more than 2 minutes. Under those market conditions it was not beneficial at all. But nevertheless no reason to be upset. I spend the weekend with my kids and look forward for the next week. currently having holidays and more time than usual. Next week i will also only be able to trade till friday since after that i will leave with my kids for a one week fishing trip . So i will post the monthly update next friday.

and one more thing:

.....While going down even more i think 3k is an area where i would even like to invest longterm .....a

this week i finally bought in for my long term hodl BTC. i bought 3 BTC at an average of around 9.4k.



 My plan was to buy in at around 3k but i missed it by 10% (i didnt have all the fiat that time so it made infact a difference to me if i would buy in at 3500 or 2850 which was my entry target. So i missed out on that and was since then waiting for a 30-40% retracement which happened finally and made me buy in 300% higher than initially planned. But i already digested that desaster and do look forward.
around one third of the position i cought at around 9150 which was more or less the low (for now) so pretty happy about it. But iam also content if we go to 8.5k or maybe even 7.5k (dropping below 6k would suck though). Due to tax reason i plan to hold the 3 BTCs for at least one year.


back to this week:

overview trades:



overview progress:




winning trade of the week:
https://twitter.com/guy_laughing/status/1151563859595079680
https://twitter.com/guy_laughing/status/1151430964469555201

losing trade of the week:
https://twitter.com/guy_laughing/status/1151835785794084864

[LastLaughingGuy]

Join me on to see real time entries and exits

Weekly overview - CW32

Wrap up July

Hey all - early wrap up this week since i'll be on holidays with my kids. 1 week fishing trip for a little internet detox -really looking forward to it. TBH i also need the time off the PC and trading. i dont think i had a week without trading since last October when i started here. Also this week i only had 1 trade, so i use this here to wrap up the month before being back 3rd of August. (Means i will also skip the wrap up next sunday (4th of August).


I was able to finish the month July with a gain of 0,548 BTC

Obviously very happy about it. Trading like 50% BTC since Alt-trading is no fun currently and the Alts i did trade didnt really net a big profit.
Trading diary is at ATH after 10 months - time flies!


overview trades:




overview progress:



winning trade of the week:
https://twitter.com/guy_laughing/status/1154506754337599488

losing trade of the week:
not a single losing trade this week

[katerina5643]

I found this analysis https://www.tradingview.com/chart/BTCUSD/Ur1qmQ4Z-RESISTANCE-Trading-strategy-on-resistance-and-support/  They suggest  "If the price falls close to the support from $9,400 - $9,300 BUY at $9,300 and SELL at $9,650" what you guys think?

[LastLaughingGuy]

Join me on to see real time entries and exits

Weekly overview - CW33

Wrap up CW 32


Hey all,

I finished the week with a loss of 0,031 BTC


overall i did not trade much due to holiday and alts being under constant pressure. 5 /6 trades were BTC.

I also decided to trade way less in the next coming weeks. i guess it will be until mid of september. Two reason for that:

I got tons of other things to do (work, tax declaration -puuukkke), both my kids are changing schools next week and so on and so forth.
Main reason though is that since two months i got so bad neck pain that i start to have constant headache. despite of sleeping,  90% of my time i spent on the pc at work, in the car or on the PC trading. i need to dedicate more time to sleep and sports, unfortunately i have to take that time from the the thing i like most .
currently I'm in that bad shape that i'm too tired  to start being more active. in order to break that vicious cycle i need to cut trading time for now.

So - no - i'm not quitting - i will still trade BTC if major chance coming up, and i want to be back fully dedicated asap.

 LLG



overview trades:





overview progress:



winning trade of the week:


losing trade of the week:

[LastLaughingGuy]

Join me on to see real time entries and exits

Monthly overview August

Hey all,

I finished the month with a loss of 0,176 BTC


as said I took some time off but want to use the end of the month to slowly get things starting again. last trade was on the 15th of August which was a long in BTC and resulted in a 0,15 BTC loss.

Kids entering new schools went fine, also being way more active and neck is better - however I still need to cut down on pc time to not overdo it.  

I decided to post only monthly up dates from now on since it is time consuming to to it weekly - but I don't want to give up on the thread since it is not my style .
Next month it is already one year ago that i started here and i plan to grind the next year as well ofcourse!

overview trades:



overview progress:



winning trade of the month:

nothing to see here

losing trade of the month:
the long middle of August - really went bad. but i liked the setup - just way overdid it with my position size!! BAD

https://twitter.com/guy_laughing/status/1161696230583472128

[LastLaughingGuy]

Join me on to see real time entries and exits

Monthly overview September

Hey all,

I finished the month with a gain of 0,025 BTC


Can't win many trades currently so i risk litte until my winrate improves.
On 28th October it will be 1 year here with my diary. maybe i conclude it with some stats.



overview trades:



overview progress:



also started to journal my trades in a new , more precise way for reviewing and improving, maybe some of you can use some of the ideas i have which i find useful for documentation.



when i post trades, i also use those templates now - should make it easier in the future to post good winners / losers.




as said before, i will keep it here brief since i do post mainly on twitter, but also dont want to let the thread die.


winning trade of the month:
losing trade of the month:
nothing exiting since months...

[LastLaughingGuy]

Join me on to see real time entries and exits

Monthly overview October and wrap up of the last 12 months of the journal

Hey all,

wrap up October and the last 12 month - yes ..i started 28th of October 2018 here - time really flies...

I finished the month with a loss of 0,01 BTC


since starting here i posted 640 trades (here or on twitter) in real time

winning trades: 280 (44%) - average gain: 0.0279 BTC
losing trades: 360 (56% - average loss: 0,0152 BTC

top 10 winner are in sum higher than the top 10 losers so risk/money management is in check

winrate... would be nice if i can increase that.







overview trades October:



overview progress:




winning trade of the month:

a nice BNB trade:




losing trade of the month:

basically a BTC short in the beginning of the 3000 $ move rekt me big time. Entry 7690 exit 8k with decent size - really ugly - a 0.09 BTC loss.

[wajik-tempe]

Very good refrence for any new traders that want to start day trading.
Your signals is clear and explain the charts, i've seen your twitter and you deserve mo follower. And your portofolio is amazing with those winning trades.
I hope you're not hiding any losses from your follower so your follower can really learn and see the experience of daytrading

[LastLaughingGuy]

Very good refrence for any new traders that want to start day trading.
Your signals is clear and explain the charts, i've seen your twitter and you deserve mo follower. And your portofolio is amazing with those winning trades.
I hope you're not hiding any losses from your follower so your follower can really learn and see the experience of daytrading

Hi and thank you!

all entries/exits are posted in real time and at the end of the trade i post trading logs everytime. nothing to hide there - you will see all lucky shots + major fuck ups.

BUT:
I do make more trades. i do scalp trading shitcoins trying different strategies, i try t to catch wicks with really low buy order  /high sell orders and  I play with indicators which i try on real trades. It would be impossible to post all that and i like to experiment.

One goal of the journal (for myself) is to compare the "solid" gameplan with the rest iam doing. The main goal of the journal though is still to prevent overtrading and keeping the good risk- moneymanagement.
I dont want to sell anything and iam fine with my follower base too - if i would fake anything i would be lying to myself.

for example 1 month ago i had the best trade of the year. made 0.3 $BTC in 15 min but didnt include it here because i dont count those hindsight trades. it was a lucky wick i caught with a very high sell order - not comparable to the swing trades i try to post in the journal.

here is the trade on twitter (i did post that one (with few days delay) bcs i was geniunely happy to be on the lucky side this time- usually i dont mention those):

https://twitter.com/guy_laughing/status/1178780474157731841


LLG

[LastLaughingGuy]

Join me on to see real time entries and exits

Monthly overview November

Hey all,

just a very brief wrap up for November.

i have currently barely time to trade. i got rekt in a BTC long at 8100 - stopped out 7650 for a loss of 0,1 BTC (my max. loss limit for a single trade)
after that i was sitting on my hands but also bcs of not having time. But it does not feel like I'm missing much.

major disappointment for me that BTC pumped 3500$ and retraced 120% of that move. reminds of of a random shitcoin PnD ...did not excpect that at all, which was the reason for my confident long around 8k.

finished November with a loss of 0.16 BTC

4 Month in a row where i couldnt book a profit..feels bad man but its a grind ...

overview trades November



overview progress:



winning trade of the month:

losing trade of the month:
nothing interesting here

[LastLaughingGuy]

Join me on to see real time entries and exits

Monthly overview December

Hey all,

recap for December.

Did not trade much at all. Got to admit i got burned out abit latey since workload was just insane and trades didnt work well too.

finished DEcember with a gain of 0.084 BTC

at least a profit after 4 losing months - basically bcs of 2 nice shorts (ATOM and XTZ). Switched to higher timeframes, since i was able with less time to browse through charts and not to get chopped up intraday.

Trades:



overview progress:



winning trade of the month:

https://twitter.com/guy_laughing/status/1210882373493149696

losing trade of the month:
no big loser

[LastLaughingGuy]

Hey all,

just wanted to post my monthly wrap up and realized somehow i missed January completely.

since there was like no question for an update i assume that here does not attract a lot of interest.
Since i do post everything on twitter, i dont need the thread here to keep my trading discipline in check but  i kept doing updates  since I'm not really the guy who quits .

However it takes some effort to create the posts and so i guess i will stop from now on here. IF you are interested just follow me on twitter (or not... ).

Cyaaaa
LLG