Warning! First trade idea published...ever...by a rookie....albeit a confident rookie (aren't we all?). I'll admit I got sucked into the CryptoCraze in December and made many foolish mistakes during the huge bull market. We all know things have come crashing back to reality but I have a new found respect for the market and have found an incredible interest in learning the art of TA. This strategy was borrowed from the Trade Empowered folks trade plan. Incredible teachers of TA with hours upon hours of free content. If you're new to the game and don't know where to start I highly recommend checking them out.
Look forward to tracking my ideas on here. More of a personal blog at the moment. Please don't be silly and follow them until I know what I'm doing.
To the experts on here that may stumble across this post...THANK YOU! I have spent a great deal of time analyzing your ideas and trying to figure out how your minds work. Any feedback you have for me is welcomed. Even a "Hey, this idea isn't total crap!" would make my day! But seriously...thank you for what you do.
To the other newbie traders...WARNING! You will not earn 300% on this trade overnight. I scoured the web for days trying to get rich over night. It just doesn't work like that. I am still a newbie but have dedicated myself to learning this skill the right way.
This is a risky trade. Stop will be about 50% of my investment but one I'm willing to take the way the charts are setting up. Could take a bit of time to develop as we're on the daily here but the retracements fit nicely. If you have questions...comment...and I will do my best to explain the ins and outs of this trade as others have done for me.
Note: If price point drops below our buy in range targets must drop accordingly. If T1 hits move stops up to original buy in and enjoy risk free trading from there on out.
Stop: .00000145
Buy In: .00000332 - .00000360
Target 1: .00000730
Target 2: .00000980
I repeat...FIRST...PUBLISHED...IDEA...EVER. EVERRRRRRRR. Like, comment, dismiss all together...you decide. I'd love to hear some thoughts/opinions. Just don't be a jerk about it. Mkay? Thanks.
Happy Trading :)
Look forward to tracking my ideas on here. More of a personal blog at the moment. Please don't be silly and follow them until I know what I'm doing.
To the experts on here that may stumble across this post...THANK YOU! I have spent a great deal of time analyzing your ideas and trying to figure out how your minds work. Any feedback you have for me is welcomed. Even a "Hey, this idea isn't total crap!" would make my day! But seriously...thank you for what you do.
To the other newbie traders...WARNING! You will not earn 300% on this trade overnight. I scoured the web for days trying to get rich over night. It just doesn't work like that. I am still a newbie but have dedicated myself to learning this skill the right way.
This is a risky trade. Stop will be about 50% of my investment but one I'm willing to take the way the charts are setting up. Could take a bit of time to develop as we're on the daily here but the retracements fit nicely. If you have questions...comment...and I will do my best to explain the ins and outs of this trade as others have done for me.
Note: If price point drops below our buy in range targets must drop accordingly. If T1 hits move stops up to original buy in and enjoy risk free trading from there on out.
Stop: .00000145
Buy In: .00000332 - .00000360
Target 1: .00000730
Target 2: .00000980
I repeat...FIRST...PUBLISHED...IDEA...EVER. EVERRRRRRRR. Like, comment, dismiss all together...you decide. I'd love to hear some thoughts/opinions. Just don't be a jerk about it. Mkay? Thanks.
Happy Trading :)