(10/30/23) I am still up $300 on bit coin, it had a down spike but it was not that big so it probably will go down again. I am going to try to do some day trading today.
(11/2/23) Bitcoin made a new high around my +$700 area; It has now just hit the consolidation at my $300 level, and I expect a reversal back into bullish momentum. It also created somewhat of a level at my $500 area, as it struggled at that level a bit. I need to find some time for day trading this week I've been focused on other things and haven't done anything but watch my long trade. (11/3/23) I tried day trading Eth but I was unsuccessful losing around $200. It is hard to wright a lot about my swing trade because I'm just watching it and seeing what it does. So far it is back up to my +$700 area and it doesn't show signs of reversing, hopefully that is true. I put my stop loss at my entry point so I can not lose any money in the trade. I expect the price to consolidate a little at my $700 level and then rocket upwards to a higher highs. I like swing trading a lot more than I thought I would. It is a lot easier than day trading, and I don't have to worry about the pattern day trading rule I talked about in earlier blogs. I have only done one swing trade so I will have to experiment with it more. Swing trading is a lot harder to blog about, so I will probably do a mixture If I have time. Currently my account equity is around $7300 which is a new all time high, so that's exciting hopefully it continues to rise in the coming weeks.
0 Comments
Leave a Reply. |
AuthorHI, I am Austin sweet a high school student that would like to learn how to trade. Archives
December 2023
Categories |