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Manual trade tracking

Managed to get some good enough entries on BTC, ETH & SOL yesterday afternoon which fared well overnight. There could be an issue with opening more than one trade simultaneously as your risks are correlated and more or less contingent on the same directional move to happen.

By this afternoon the lower time frames were bordering on over-bought, and as I had taken profits aggressively I had no issue allowing the SOL & ETH trades to close after I had moved the stop losses very high up.


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The SOL price had peaked for the day at around 144 and i did take some profits above the closing price.


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Similarly with the ETH trade I booked some profits around 2100 and might have been better to close fully there.

I've still got some of the margin remaining in the BTC trade, and for now I want to be done for today with a fresh scan in the morning. All I can really do for now is continue to show up, manage risk and try to be consistent. I don't plan on adding any more pairs just yet but the next two would be LINK and AVAX.

Hopefully there will either be some consolidation or a small pull back, as I think this trend has some legs and will look better by the end of the week - without huge miracles occuring. It'll be a while before rates are cut or quantitative easing happens, and although the M2 money supply takes time to work through, it is starting to rise.

 
 
 

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