Bitcoin Trading

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Didn't go according to plan, sold 80% of my position last night..

PERP BTC 050420.webp
 
Able to ride long BTC below $8700/BTC, react lang sa price movement. I hope indices (us) will close green tomorrow and futures in green. If not okay lang din. Let's see how the price move tomorrow.

PERP BTC 050420 0956.webp
 
Sometimes we need to be reactive if di tayo sure sa trend (even short term). I made some adjustments na naman kase marame din ako na sayang na mga gains, dahil hinayaan ko na lang tapos the price went against me, huli na maliit na lang yung gains pag close. Or worst naging losses pa. Sometimes effective din yung lock in profits, pero minsan sayang din kase tumuloy tuloy. ganyan talaga sa trading, di naman talaga natin alam kung ano yung movement nang price sa future. Pero at least may mga indicators (not just indicators sa chart) kundi yung macro or overall sentiment nang market which nababasa natin sa mga news articles, etc..so importante rin kung paano natin e interpret ang mga ito.
 
Just before nag dump, naka short position na ako pero ang target is $9K lang.. then na hit yung mga long position ko which is below $8900.. It seems may mga new investors coming in.
 
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Ja shin

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