Tip this post if you enjoy it!
So I traded on my phone for 18 hours straight.
It was a painful experience, but I did it anyway.
Want to know how it turned out?
Keep reading!
So the rules were simple.
No laptops. No desktops. No tablets.
Just my iPhone XS.
A stable internet connection.
And the Binance app.(Bitfinex has a few problems with their iOS app, and I want none of that action)
I traded 2 pairs.
The BAT/BTC pair(thanks Publish0x for the BAT!) and the BTC/USDT pair.
I traded $30 worth of BAT and $50 worth of BTC.
So how did I do?
Well first, it was really painful to trade on my phone.
For starters, I could only use the MACD indicator. I love the stochastic, but that wasn't happening.
Next problem was that I couldn't draw trend lines.
I also couldn't apply the 20 EMA for some reason.
And viewing those charts in landscape is a trip to hell and back.
But I did it!
Did I make massive profits?
Heck no!
Since I was unable to draw trend lines and use the Stochastic, I basically missed trends before they happened.
I got in on the trend while it was ongoing, and rode the short wave before shorting too early, because no Stochastic.
I increased my BAT by $5 though, and my BTC by $7.
So not really good profits.
So the lesson learned here is that you CAN trade on your phone, but you probably shouldn't.