Previous account = $143.97
Current account = $194.81
BTCUSDT Futures +$39.4 Profit (Current Position -Short)
Previous Scenario : The Try Against Resistance Line Continues. Thinking of a long position.
Actual trading: Profitable the next day after establishing a long position
Next Scenario: Coming up near the resistance line and establishing a short position. It is likely to move sideways or push to the previous support line.
The BTCUSDT futures price support I set was around 25700. It has already collapsed and may be able to rebound immediately in a V shape, but it was judged that the probability of an immediate rise is low because the previously drawn support line collapses and becomes a resistance line. So, I built a short position at the market price. In fact, I don't look at the support line strictly because it's up to you to draw a support line. It's just for reference, to the extent that there will be a battle around here. So this time, I had a plan to make a short stop loss.
- Real trading of BTCUSDT futures
I was thinking about the scenario, but the moment came sooner than I thought and I had to make a quick decision. So I bought it at the market price, and as soon as I bought it, I thought it would go up, but it fell and I was able to put my mind at ease. However, the unfortunate thing is that I did it too quickly, and even if it wasn't to the point I thought, I could have watched it a little more, but I did it too quickly.
After organizing the previous position, no matter how I looked at it, it seemed that the short was right, so I took a short position once more, but I thought I made a mistake, so I quickly arranged it. And you did a good job organizing it.
I changed the previous position to long after clearing it up, but this was also strong, so I quickly cleaned it up.
After re-establishing the support line, a battle continued to occur near the support line, and it was short-lived with a long below the support line.
- BTCUSDT futures What went well this time
This time, I traded according to the scenario. I didn't follow the scenario before, but I think I did well in this part. I also put a stoploss on it. This part is good
- What Went Wrong With This BTCUSDT Futures Trade
I did it too quickly and hastily. I could see the bar being completed and make a profit, but I did it too hastily.
And I did a lot of brain-dong trafficking.
- next scenario
The narrow section of volatility continues, so it is a situation where it can bounce anywhere, up or down. However, we plan to establish a long position because we believe that another breakthrough attempt will occur.