Reflection Super easy to be the guy that goes quiet on Saturday and talks about his wins today. Much more difficult to provide plans and execute them publicly. I had strong conviction that equities would drag down crypto today. I still believe it’s possible, but it may take a few days. I did not have strong conviction that we would see a relief rally of this magnitude before sweeping current local lows. All I can do is trade to the best of my ability. A week ago I cancelled $SOL orders at $173 after the liquidity to liquidity trade played out with only half my long being filled. It went to profit then I called for 157 and lower. That time, I cancelled orders upon seeing local PA and it was the correct decision. Upon reaching 157, $BTC and equities had not finished their job yet IMO, so I took profit relatively quick on the 157 SOL long. At the end of the day, there was no loss on any recent trades. Everything was closed in profit, but my overall execution deserved reflection and discussion. And if I could do it over again, I would do the same thing. Why? Because I trust my intuition to be right more often than wrong and I win a lot more trades on here PUBLICLY than I lose. Sometimes you’ll miss out on profit, sometimes you’ll miss the trade entirely, it is what it is. I wait for opportunities that I believe in and that’s how I make money trading.
@gourav56564 BTC thoughts are here, I still view this as relief bounce, but willing to change opinion if PA says otherwise.
Crypto Chase
Crypto Chase4.8. klo 21.38
$BTC Plans for long.. 1. Strong push above 117K, bid the box retest. 2. 111-110K~ as originally planned, bid the stops of those who place tight SL's directly below the consolidation. Notes on chart.
40,96K