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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.