My Day Trading Diary

RedReddington

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Hey everyone!

After being involved with cryptocurrency for the past year my interests in the field started to grow, at first, especially after jumping on the $SHIB train. At one point I was $25k in profits was amazed at how the crypto world worked and was hooked, but of course, I didn't know what the hell I was doing and didn't take out any of my profits before losing all of them. After that, I started educating myself in the field by watching a couple of courses by people who were already successful and were making money. I started to slowly understand the crypto world and how it works.

At the moment, I'm trading crypto on a daily/weekly basis and I am starting to learn how to control my emotions by taking out profits. It was always easy for me to make some profits but I never had the courage to take them out, whenever I was sitting on a winning trade, my emotions would kick in and I would start to think that I'm going to get rich. It doesn't work like this, and now every day I am getting more and more disciplined.

I would like to start this thread to share my trades and connect with other people who are doing the same, get some criticism and learn from them and their mistakes in the process. I will start by posting my last trades:

OoAP69S

This was 2-3 days ago, they were good trades but I made a few mistakes. I got too emotional and didn't sell them at the correct time, for example:
I could have sold the $SOL before the photo was taken and gotten $1,5k instead of $780, also made a mistake not selling $DOT when I realized that it wasn't going to grow since it already didn't after the other coins exploded.
The $XRP I also got greedy and didn't sell at $7,5k 30-40 minutes after the photo was taken. I did however play it well with $AVAX and kept it until the next day and managed to score in $2k.

Lost half of these profits the next day cause I got FOMO. I let my emotions get the best of me.

Ko38ckc

This was yesterday, I locked in good profits and managed to keep them. Lost $1k afterward doing dumb shit but it was still a good day.

Today 2/9/22 I bought $SHIB at around 0,000031, sold at 0,000033 and I also bought $SOL at $113 and sold at $115. I made $2k but could have made $4k profit if I paid attention to my phone, I made the mistake of not checking in the trades and sold when the prices were declining. I don't have a screenshot for today.

I encourage everyone who trades on a daily basis to share their trades and strategies, also would like to know how you guys are boxing in your emotions when trading. Thanks!
 
Good luck! I prefer long-term investing :)
 
Good luck
What I do most of the time after I buy a coin I post also an automatic sell order at a good point so it will be sold automatically even if im not online
so first I won't be greedy and second I won't miss it if I'm busy with another thing
 
at what indicators are you looking?
Pretty much none, I try not to overcomplicate things. I just look at the good old RSI, it has helped a lot when trading!
Good luck! I prefer long-term investing :)
Thank you! Me too, but I don't have the patience for that kind of stuff :D

Today was crazy, the markets dipped hard and bounced back up within an hour I bought:


$SHIB at 0.030792 (1000SHIBUSDT) for 20,463.268725 USDT
$SOL at 106.5765 for 24,833.14 USDT
$MANA at 3.0989 for 22,724.2337 USDT
$LUNA at 53.7890 for 14,684.397 USDT

All trades were made with x7 Leverage, so about $3-4k for each trade spent.

Bought right after the dipped, managed to lock in the positions at the right time thanks to the RSI indicator, and made around $4K profit.
I see markets are dipping again at the moment, if I see a good opportunity I'm buying again so eager to see what will happen since I spend most of my time looking at the charts :D
 
which strategy are you using? Rsi + Macd?
 
Which courses did you watch? I really want to get into crypto day trading.

Congrats on your success!
 
I was trading futures, managing high risk trades is a headache, Now I only trade spots.
I am only looking at volume + price action, whenever one of my setups appears I take it with no more than 10% risk.
Good luck mate.
 
I was trading futures, managing high risk trades is a headache, Now I only trade spots.
I am only looking at volume + price action, whenever one of my setups appears I take it with no more than 10% risk.
Good luck mate.
Great stuff bro. Can you share more details on what you look for in volume and price action while deciding to enter a trade?
 
good post! interesting! you are halfway of the succes as you recognize your problem. ithink youll solve this problem with time. you sound like a smart person.

best of luck
 
I also made good money with shiba inu. It is a shit coin but when it starts rising, there is no one stopping the coin.
 
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