Beautiful Pre-Breakfast Trade This Morning On BIGTIME/USDT
So I am going to have to admit, I have been playing in the altcoin casino lately. @dynamicrypto turned me onto the BIGTIME/USDT pair and when I learned of his results using the Logical Trading Indicator V.2 on his own trades, well, I just had to give it a shot!
It is trading with good volume over on ApolloX Finance on BSC which is where I do my leverage trading. You have to use the V1 order book exchange to get this pair.
I set some alerts last night after my trading session, which didn't go so well yesterday because I literally broke every one of my trading rules, so I deserved that slap upside the head, lol. So I shook off the loss, as you should do as a trader, don't let it get to you, and got my head back in the game this morning.
The alerts I set up last night were all on the 1HR timeframe so I could get in on a trend play then jump in on the low time frames and hit my scalps. Well I was up over $100 this morning in about 20 minutes and 2 trades on BIGTIME! Needless to say I was happy with that so I am waiting on that run to cool off a bit and have some alerts set to jump back in when the market is going in my favor.
That and when you have a good trade like that, you need to let yourself cool off a bit so you don't get into over trading. That is where you end up messing up. So instead of getting greedy, I took my profits I made before breakfast and taking the morning to do some other things. I have my alerts that will let me know when it's time to trade.
This hourly BUY signal can play out to some big gains over the day, but I don't like to let high leverage trades sit without supervision, so I am in it for the scalps then I will come back for more later! It's my way of not burning myself out, which you can do easily.
Be safe out there if you are playing in the altcoin casinos. It can be very profitable, or can hurt real bad if it gets away from you in the wrong direction. I speak from experience!
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Indeed, riding the trade down we will be making more money, I took options trading courses and will combine the Logical Indicator which is making my job alot easier. I followed the indicator and turned 1,350 into $4,000 yesterday, then with no Logical Indicator just a few others and bullish candles, I took a stupid trade and got leveraged... lessons always learned. Sometimes the downside is so fast it is best to prepare with a small short position as well cause stop loss does not hit when an avalanche occurs.
Dude that is killer! Not bad for what? 100 SWAP.HIVE you paid? LOL. What kills me is people don't see that as any kind of value...
See if your exchange has copy trading and if you can become a pro trader onboard as many don't want to trade really they just want to invest!