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26 hours later I got out - got above $16500 and sold on Coinbase at $16516

The trend was turning fast, got the sell signal, and the mean reversion was about to travel down. 

Pulled out $415 in a little over a day - a little over 2.5%.  I will share more of these. Choppy markets for a while.  

We are all down but we will make it back. 

YESTERDAY'S ALERT


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Anonymous

I need those kpm videos for sure. Especially the how and why. Thank you!

Anonymous

Thank you for sharing! I was thinking about this when you posted your entry, but 2.5% didn't seem like enough profit for me, given the risk. Do you use P/L ratio or APPT to evaluate these trades? https://www.investopedia.com/terms/p/profit_loss_ratio.asp For example, you projected a 3% win, but did you have a stop loss? For example, if you had one at -1.5%, that would be $15859. The low earlier on Mon ~11 am was $15992 on Coinbase. That's close. Or would you have chosen a larger stop loss? I'm very interested in learning risk analysis, because I have a tendency to jump into trades without doing it.