Crypto Trading Journals Trading Diary
After clearing in the morning, I read books and ran in the afternoon, and started trading again with time to recharge.
I thought the wave would fall, so I traded mainly in the wave short, and the direction was definitely right.
The problem is that the stop loss standard was set at -2 dollars, but as the stop loss was quick, a lot of losses accumulated.
And, since I had to make a quick stop loss, I lost a lot by selling even though I was in a decent position.
It seems to be very difficult to cut off. Even in the book of market wizards, the standard for stop loss was different for each person.
I have to find my own stop loss standard, but this seems like a very difficult problem.
What all traders have in common is that trading ultimately requires learning from yourself.
So, after extracting and processing today's trading data, I tried to see today's trading objectively, and listed the good and bad points.
Crypto Trading Journals Trading Data
How Crypto Trading Journals Trade
Find support and resistance on the chart, buy or sell near support and resistance and then profit.
What Crypto Trading Journals Did Well
- Attempting to Establish a Stop Loss Criteria
- Establishment of Stop Loss Criteria Implementation
Crypto Trading Journals What to Improve
- Clarify the criteria for stop loss
- Avoid trading too often
- position carefully
- see the whole picture.
principles to follow
- Establishment of criteria for stop loss.
- water ride X
- Leave seed to recover (only trade half of max total seed)
- Don't think about how much you will eat, think about how much you will lose first
- Practice only up to 200,000 won and 5 million won. Current (60/500)