I analyzed all my trades for 18 hours

I analyzed all my trades for 18 hours

By MadMaxx | Crypto Fondue | 1 Jan 2020


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So I analyzed all my trades for 18 hours.

By 'analyzed', I mean Technical Analysis.

I did a post where I didn't analyse my trades for 18 hours.

Well in this one, I stuck to my trading plan just like a snails shell is stuck to it's back.

And how did it turn out?

Read on to find out!

So I used Bitfinex as my trading platform of choice. I also used an iMac 2015 as my computer, and a 4G internet connection.

I equally used 2 indicators: Bollinger bands(my fav) and the Stochastic.

I feel all this is necessary to state.

My trading capital was 100 US Dollars.

How did it turn out?

Well, I made less trades than when I traded without a plan.

Most of the time, before my TA was complete, the move was already over and I hadn't even gotten in.

But I noticed that I was able to ride waves for much longer than I did when I didn't use TA.

This led to a nice profit of about 17.50 US Dollars.

Much worse than when I didn't trade with a plan, but it's said that the market has a way of punishing you for following your plan, and rewarding you when you don't.

 

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


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