I traded entirely on my phone for 18 hours

I traded entirely on my phone for 18 hours

By MadMaxx | Psycho Crypto | 30 Dec 2019


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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.

 

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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.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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