I tried daytrading Forex for 18 hours.

By MadMaxx | Psycho Crypto | 15 Jan 2020


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So most of my followers know that I trade cryptocurrencies, and I'm pretty profitable with them.

But we also know that the rules of crypto trading were lifted from Forex and stock trading.

So I decided to see if I could be profitable using the same techniques I use in the crypto market in the Forex market.

I needed some money though, as I wished to trade the USD/GBP pair.

I didn't want to spend any more money because of this experiment however. 

I had some BAT I earned from Publish0x, and I found that converting it from BAT to BTC, and then to USD would yield much more money than just selling BAT for USD.

So I used Changelly to do the switch from BAT to BTC, and then Luno to get some USD. 

I was all set.

I loaded up Metatrader, logged into my account and started trading the USD/GPB pair.

And boy did that go well!

I was up about 30 pips in a few hours, and I closed the day with a lot more than what I started with.

I found that while reversal candlestick patterns don't really work well in crypto trading, they're essential in Forex.

Also, all the rules that work in crypto work in Forex also(because the rules were lifted from Forex, duh)

Anyway that was my experience!

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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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