I have $0.50 to $100 Bankroll BOOSTER challenge. And now it has been quite some time since taking the profit but I haven’t open a new one yet. Why does if take me so long to open a new trade?
First of all there is nothing worse then rushing into a trade, second, there are things outside of my control and as trading isn’t my main job, I have other things to do, and to open a new successful trade, the trade has to be throughly analyzed. Sometimes I am late and the coin moves so I have to start over again.
Sometimes, something else requires my attention and I have to do what I need to do.
But besides all that I think this is good practice for becoming successful trader as it is better not to trade then trade and loose! Especially when you go leverage trading. My current bankroll requires high risk of 22x to open a leveraged position. So I am not really sure if thats a good. I think spot is currently hot and it is very easy to make 20% profit without leverage.
Anyways, will keep you updated!
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