Day 1: Trade Pairs: BTC-TRX

Mar. 2/18

Day 1:
Start: BTC: 0.0424’80
Gain: BTC: 0.0022’70
End: BTC: 0.0447’57
+ 5.34%

Mental state:
Meditation: yes
Sleep: well rested
Exercise: yes
Time: early afternoon
Strategy: mooning; above EMA and VWAP
Found: chat room tip
R/R: 2:1
Sizing: 50% of capital (scaling in if possible)
Exits: no stop-loss in place; following profit targets

Pair: BTC-TRX
Exc: Binance
Time Frame: 5min. chart

Setup: I entered this trade on the notice that TRX had been listed on Bittrex this morning and a few hours later had begun to rise. I missed the first 2 legs but caught the next opportunity.

    Bullish candle forms, reversal and closes above 55 EMA.
    21 and 55 EMA cross.

Exit: Although there was plenty of volume (over 7000 BTC), it was painfully slow moving and I was reluctant to stay in it. Then again, I continue to re-enter in the hopes of gaining some momentum. After some time, I just got comfortable with the wins even though the gains were minute.
Eventually, I decided to stay in it and allow more time in hopes of it mooning. I put in a stop-loss as I took a shower and prepared for my workday ahead. When I returned, I was stopped out and the Bull took over.

Strengths: securing my gains
Weakness: not holding on for long enough

Refer: to chart and portfolio for added trade info.