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So in one of my most bizarre experiments ever, I decided to not trade for 18 hours.
18 WHOLE HOURS.
I watched the charts and did TA.
I found good entry and exit points.
But I just didn't take the trade.
(Spoiler alert: This led to one of my greatest frustrations ever as I completely missed Bitcoin's 10% move recently. I actually cried because of this.)
Why, you might ask?
Why would a trader....well....NOT trade?
And the answer is quite simple.
I wanted to check if my strategy was perfected.
This strategy is the same one I have been using for over 3 years trading cryptocurrencies now.
It has given me great successes,and helped me avoid losses.
But bitcoin's recent maturity may have made my strategy obsolete.
I needed to check that.
And not with trades that have happened already, because....well....they've happened already.
I needed a live market check, and I got one.
My trading plan works perfectly!
Using my plan, I would have gotten into bitcoin on its all time low for this year, and exited a little below it's all time high.
I would have made $1015!
But I didn't take the trade.(there goes my iPhone 11 money😭)
I have achieved the aim of this experiment, and you bet I'd be working hard to perfect it!
PS: if you want my trading plan, kindly leave a comment. It's free, but you can compensate me in some bitcoin or ethereum if you'd like.(Please do)
Thanks for reading!