TheTradingProdigy

How I made 148.5 Million!

BITFINEX:LTCUSD   Litecoin

So on one of my post I was looking to go long on this. I saw that this was bouncing back and forth from a certain area.I then waited to buy around the support area and then sold around the resistance.On this trade I made 38,152,000 which was insane! What I also noticed was this was forming a head and shoulder pattern which presented itself for a good opportunity too short.Furthermore, I took a short position around 92.00 which in fact went against me. I ended up holding the position until it dropped back. Then the best part came it dropped all the way until it hit my TP at 86.467. This trade made me 110,412,000 and in total I made 148,548,000.After all this I do have to say this was from paper trading ,but imagine if I was making that much money on a live account holy shit! The fact is that I was right and my only thought now is I wonder how many trader bought long around the top thinking it would continue.



Quote:“A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.”-Van k. Tharp



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