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RE: Three of my worst cryptocurrency trades - so far.

in #binance6 years ago

Thanks for sharing this. It is important to resist FOMO and to trade your own methodology (which is really good in your case). Did you manage to increase the 1 Bitcoin you transferred to Binance from other trades or was it a loss all in all?

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It was a break-even overall. I'll post the rest of my losing trades and my profitable trades too. The winners were big enough to make back what I lost... but overall I was doing two things wrong:
First, I was doing too much in my trading, given the time I had in each day, I was spread to thin to pay proper attention to all the trades I had on.
Second, I put 1 btc in there and took some positions before I put time into really studying the charts, making a spreadsheet and really reviewing the choices. In most of the losing trades I was trying to catch on to moves that had already started - then I did not have the time to review the new trades as closely as a new trade needs... so my losses were larger than they should have been.

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